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PEPE is now consolidating above a key support level as it prepares for a potential rally.

The cryptocurrency market is facing challenges, with PEPE coin down 2.9% amidst a $900 million trading volume. Bitcoin is also experiencing renewed selling pressure, despite significant ETF inflows.

After bagging $4 million last week, Pepe Unchained ($PEPU) is back on the grind, pushing its total funds raised to over $5 million.

The majority of major cryptocurrencies showcased notable growth since last week following Bitcoin's rally to $67000. Surprisingly, the Frog-themed Meme cryptocurrencies PEPE remained sluggish even though this asset class is known as a fast mover in the market.

Milestones are a huge narrative in the meme coin market, and often, traders are focused on market cap.

Bitcoin (BTC) briefly pushed above $68,000 thanks to bulls buoyed by the prospect of a more crypto-friendly government coming to power after the elections. Digital assets have been witnessing solid buying.

Crypto traders saw their leveraged positions forcibly closed as the coin's value dropped below critical levels.

Cryptocurrency prices were mixed on Monday as investors reflected on the decision by Joe Biden to drop out of the presidential race. The main impact is that it increases the possibility that Democrats will nominate a candidate who has a chance to beat Donald Trump. Trump and JD Vance are seen as more crypto-friendly candidates.

The crypto market sentiments are flipping back to bullish after consolidating within a narrow range for a while. The memecoins remained inflated since the early trading days but some among them managed the bearish heat pretty strongly.

The PEPE price has dropped by 1% today, slipping to $0.00001202 as the crypto market as a whole rises by 0.5% in the past 24 hours.

Pepe price declined on Monday, going down by 2.9 percent in the intraday to trade at 0.0000121. The coin continues to blow hot and cold, despite registering an impressive run last week.

Memecoins have overcome the recent market dip and are again exploding. Husky Inu ($HINU) appears to have entered the market at the right time, and its presale is seeing incredible success.

Dogwifhat, Helium, Core, and Pepe have emerged as the top gainers in the crypto market over the past week. Each token experienced a price surge exceeding 40%.

In the vibrant realm of meme coins, excitement brews around every corner! Take a deep dive into FLOKI's market forecasts, track the intriguing strategies of PEPE whales, and discover MOONHOP, the meme coin poised for a 1000x return. These digital players juggle risk and reward, offering both nail-biting suspense and the thrill of potential riches.

PEPE's holders are in an interesting position right now.

Pepe, an Ethereum-based meme coin, has experienced notable activity in the past day. Pepe price has shown signs of significant market movement over the past week, trading in an ascending trend, indicating a potential bullish breakout.

Dogwifhat (WIF) has experienced a significant surge, rising more than 58% in the past week and 3.8% in the last hour. WIF faces strong resistance at $1.6809, with additional resistance levels at $1.7204 and $1.8468.

Pepe and Poodlana are two rising stars in the cryptocurrency world. Pepe, a meme coin, has captured attention with its dramatic price fluctuations and strong community support. Poodlana, a newcomer in the Asian market, has leveraged the region's fascination with poodles to gain significant traction during its initial coin offering (ICO).

Dogecoin enthusiasts are scouring the crypto landscape, driven by PEPE transaction buzz and the emergence of fresh contenders. In this bustling arena, MOONHOP emerges as the premier meme coin. This piece unravels the dynamic tapestry of the meme coin marketplace, spotlighting how Dogecoin faithful and the vibrant activity around PEPE are crafting the narrative.

PEPE's price did not have a week as spectacular as other altcoins; however, it did manage to flip $0.00001000 into support again.

The week so far has seen a significant uptick in the meme coin market. The values of some of these “joke coins” have outperformed some major cryptocurrencies in the past few days.

Between July 1 and 15, DOGE saw its value drop by more than 50%, while PEPE plummeted by 36%. Other meme coins like Dogwifhat (WIF) and Shiba Inu (SHIB) also declined dramatically during the same period.

The BTC rally from $61k to $64k gave PEPE bulls confidence to force a move.

The crypto sector could be experiencing the calm before the storm. Bitcoin looks as though it is preparing for the next leg up, and a $BTC surge will probably float most boats.