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The liquidation heatmap showed that PEPE was likely headed for another 20% drop.

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Crypto analyst CrediBULL Crypto provided a market analysis on Pepe (PEPE), Ethereum (ETH), and XRP. Based on his analysis, PEPE could hit a new high soon enough, seeing how it has ranged since hitting a new all-time high (ATH) in May.

Memecoin fell by double digits, but does that mean recovery isn't possible?

A tidal wave of liquidations has engulfed the cryptocurrency market, wiping out millions and exposing the industry's fragility.

Traders are fleeing Pepe this week as its price slides by 22%. However, industry newcomer Pepe Unchained prevails as a bear market safe haven, with its presale total raise nearing $7 million.

The cryptocurrency market is currently faced with high liquidation, and a number of altcoins, including XRP, DOGE and PEPE, are at the center of it all. Data from CoinGlass shows that 88,388 traders have suffered liquidations on their crypto holdings in the last 24 hours.

Pepe price, a popular meme coin, has been recently trading in a bearish trend following market correction. This bearish movement aligns with similar patterns observed in other meme coins like Dogecoin, Shiba Inu, and Floki.

Memecoin's presence near a critical support level might be key over the next few days.

Dogecoin has fallen by 3% in the past 24 hours, dropping to $0.117 as the crypto market as a whole loses 1% today.

PEPE, one of the top meme coins in the crypto space, is currently at a crucial point as it approaches its long-standing bullish trend line. As the price draws near the bullish trend line, a break below it could signal a major shift in market sentiment, triggering a price draw down to the $0.00000766 mark.

Over the past 24 hours, the PEPE price has crashed 5.11% amid a wider market decline, with meme coins down an average of 4.01%.

Recently, a massive transaction shook the digital currency ecosystem. A prominent whale transferred 400 billion PEPE tokens—worth about $4.22 million—to Binance.

BlockDAG-based cryptocurrency Kaspa (KAS) is exploding in a market-defying pump that has briefly seen KAS price feature as the only green gainer in the top 50 cryptocurrencies by market cap.

Binance Futures, a leading cryptocurrency derivatives platform, has announced a comprehensive overhaul of its leverage and margin tiers for several popular cryptocurrency assets. The changes, implemented on August 2, 2024, affect U-margined perpetual contracts for SOLUSDT, 1000PEPEUSDT, MEWUSDT, and TAOUSDT.

In mid-July, PEPE noted a 52% price gain in five days. This rapid resurgence left behind an imbalance on the daily chart.

Crypto whale moves a notable 400 billion PEPE tokens worth $4.22 million to Binance, which may cause selling pressure.

The current market sentiment is quite bearish as top assets including Bitcoin (BTC) and Ethereum (ETH) have crashed by 6% and 7% respectively, in the last 24 hours. This massive downturn has created notable selling pressure across the market. In response to this selling pressure, whales and investors have started booking profits.

Discover the top 5 memecoins poised for substantial gains by year-end. Explore insights on Catwifhat (CWIF), Dogwifhat (WIF), Shiba Inu (SHIB), Bonk (BONK), and Husky Inu (HINU) to maximize your crypto investments.

Pepe's (CRYPTO: PEPE) significant price decline has traders speculating about whether it is a long-term buying opportunity in disguise. What Happened: Prominent crypto trader CrediBULL Crypto highlighted that Pepe is holding up quite well through the volatile crypto markets.

Pepe, an Ethereum-based meme coin, has shown notable price fluctuations following recent developments in the cryptocurrency market. Over the past week, Pepe price has experienced sharp swings, mirroring broader trends within the crypto space.

Amid the ongoing crypto correction triggered by high-impact news on Wednesday from the U.S. Federal Reserve and the Bank of Japan, Pepe (PEPE), a frog-themed meme coin based on the Ethereum (ETH) network, dropped around 8 percent in the last 24 hours to trade about $0.00001045 on Thursday, during the early New York session.

Within the last hour, a whale sent 400 billion PEPE (about $4.22 million) to Binance in order to profit. This whale now possesses 395.93 billion PEPE, which is valued at $4.18 million after previously withdrawing 795.92 billion PEPE, or $2.55 million, from Binance on March 1.

Top Altcoin Whales bought recently - Three altcoin Whales showed interest. They are Ethereum - According to IntoTheBlock, whales have added 297670 ETH on jul 24th and 400000 ETH on Jul 23rd, 2024.