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The past weekend was pretty brutal, as the markets dropped heavily. The BTC price slumped below, dragging the ETH price close to $2,800. However, the trade appears to have flipped in bullish favour as the buying pressure is slowly increasing. It seems like the Mt.
Built on the foundation of both meme coin camaraderie and addictive P2E mechanics, PlayDoge ($PLAY) is setting out to create a crypto experience unlike any other.
Dogwifhat (CRYPTO: WIF) and Pepe (CRYPTO: PEPE) may repeat Shiba Inu's (CRYPTO: SHIB) run-up in 2021 if the same patterns play out, according to a prominent crypto trader. What Happened: Pseudonymous trader Mate Finance drew potential parallels between the meme coins: Run-up to billions.
After witnessing a crash, the crypto market is slowly walking on the recovery track as the market capitalization has surged to $2.13 Trillion, and the trading volume has grown to $86.15 Billion. It is pointing at the cryptocurrencies gaining momentum in the market and bringing new gains for investors.
Popular blockchain tracker Whale Alert, which monitors large crypto transfers, has detected a mind-blowing cryptocurrency transaction that moved $83,250,000 worth of meme coin PEPE. The meme coins were transferred from the Bybit exchange – the fourth largest cryptocurrency trading platform by volume.
The value of the frog-themed meme coin Pepe (PEPE) has skyrocketed over 10% in the past 24 hours. As of this writing, a PEPE token is worth $0.0000092.
Pepe coin (PEPE) has surprised the market with a 12-13% price surge despite a large token dump, driven by broader market recovery, significant whale accumulation, and increased visibility from its Coinbase Futures listing.
Frog-themed digital coin PepeCoin (PEPE) stole the show again as it went against the typical market trends. The meme coin demonstrates impressive price performance despite massive sell-offs by Wintermute. The latest stats show the market maker deposited and sold more than 622 billion PEPE, worth around $5.85 million, on Binance today.
The renowned frog-themed meme cryptocurrency, Pepe coin, has once again defied usual market sentiments, surging despite a colossal dump by a market maker. Nearly 703 billion PEPE was recorded to be offloaded to the Binance crypto exchange today, July 9.
As Bitcoin sustains above $57,000, the market sentiments have turned bullish as the traders appear to be hopeful of the upcoming trend. The memecoins gained momentum with the BONK price leading the rally, followed by Pepe and other tokens.
Memecoins rebounded with a strong rally Monday, with popular tokens like Bonk and Pepe featuring among the market's best performers. What Happened: Solana (CRYPTO: SOL)-based canine coin, Bonk, became the biggest gainer in the last 24 hours.
As the cryptocurrency market continues to exhibit its characteristic volatility, the popular meme coin Pepe ($PEPE) finds itself in a risky position, having experienced a sharp 51% decline from its May 27 peak.
An on-chain sob story: after months of accumulation, this whale offloads 519B PEPE at an inopportune moment.
Recent market volatility has investors panicked as bitcoin ($BTC) and the altmarket decline. To mitigate the fallout from traditional investments, investors are looking to alternative opportunities, such as memecoins, to help guide them through the uncertainty.
The crypto ecosystem is undergoing a unique recovery round, with Dogecoin (DOGE), Shiba Inu (SHIB) and PEPE tagging along. Though mild, each of these meme coins is registering a unique price surge that shows the worst drawdowns might be over.
On Monday, $BTC shot up to touch what is now resistance at $58,000. This impetus has spread through the crypto market, and as usual, memecoins have bounced the hardest.
The token faces balanced exchange flows and trading volume among the top buyers and sellers.
On July 8, the majority of altcoins were seen in the red, including BRETT, PEPE, WIF and JUP, which fell over 10% as Bitcoin, the world's largest cryptocurrency, dropped 4% in the past day.
At the moment, the memecoin is following the general bearish trend of the market.
While the crypto markets have been crashing since the beginning of the day's trade, the memecoins have also lost control over the rally. The popular ones are facing massive pullbacks of over double-digit margins. Pepe's price also appears to be in huge distress, as the token has been failing to rebound after a steep correction.
Pepe price analysis: The price of PEPE dropped by 10.4% in the last 24 hours to trade at $0.000008358 during European business hours on Monday. This follows Bitcoin's down turn in price, that may have led to the entire crypto market cap decreasing by 4.7% at press time.
In the dynamic world of cryptocurrency, meme coins have always been a fascinating yet volatile segment. While many cryptocurrencies have recently struggled to regain their momentum, meme coins like PEPE, WIF, and others have shown a remarkable recovery.
Meme coins have experienced significant price increases recently, and several factors are contributing to this surge. Here are the key reasons driving the current pump in meme coins like Dogecoin, PEPE, and BONK.
PEPE price was in the recovery zone, but even the potentially bullish outcome proved to be bearish.
