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Pepe has fallen by 8% today, dropping to $0.00001058 after a whale dumped 10 billion PEPE and provoked a selloff.

The crypto market experienced a significant downturn today, with Bitcoin losing over 2.5% and falling below the key $60,000 mark. This decline triggered a widespread sell-off across the market, resulting in an aggregate loss of nearly $100 billion in market capitalization.

Recent on-chain data sparks optimism for certain altcoin prices as a crypto trader, amidst the broader market's bearish turn today, executed a potential buy-the-dip strategy. Despite Bitcoin and most crypto prices declining, the trader managed to accumulate $59 million worth of eight different coins, including ETH, PEPE, SHIB, RNDR, MATIC, LINK, AVAX, and GRT, hinting

The cryptocurrency market has been under significant pressure, with a widespread sell-off causing notable losses across various digital assets. Among the affected, PEPE and Dogwifhat have recorded losses exceeding 10%, reflecting the broader market's bearish sentiment.

Pepe price has remained in a deep bear market as sentiment in the cryptocurrency industry worsens. The token has crashed by almost 40% from its highest point in June, bringing its market cap to $4.

According to analyst Miles Deutscher, July is crucial for positioning in the market, with opportunities extending into August and September. Despite sideways market movements, significant opportunities exist, which can be seized, according to him. He plans to concentrate on altcoins with short to medium-term catalysts, strong narratives, and attractive price levels.

Pepe Coin Price Analysis: On Wednesday during the Asian trading hours, the crypto market witnessed a surge in selling pressure as Bitcoin price fell nearly 4%. The BTC revisiting the $60000 sparked the possibility of a downtrend continuation in most of the major altcoins including PEPE.

Pepe's market capitalization exceeds half of its memecoin rival Shiba Inu's, which is valued at $11 billion as of July 3. However, recent volume data indicates that the frog-themed memecoin is significantly undervalued compared to SHIB.

PEPE's price is hovering at a key support level. Will the memecoin breakout or fall under?

On-chain data shows a PEPE whale has withdrawn a large amount of the memecoin from Binance today, a sign that could be bullish for its price. PEPE Whale Has Made A Large Outflow From Binance In The Past Day According to data from the cryptocurrency transaction tracker service Whale Alert, a massive Pepe transaction has been spotted on the blockchain during the last 24 hours.

99Bitcoins has raised over $2.3 million in its increasingly popular ICO, with the long-running website and learning resource gearing up to launch its Bitcoin-based native token, 99BTC.

The general decline in meme market activity has impacted Pepe's (PEPE) price. Exchanging hands at $0.000011 at press time, the leading meme coin has witnessed a 22% value decline in the last month.

In a significant move that has intrigued the cryptocurrency community, major whale activity was observed as 1.28 trillion PEPE tokens exited Binance. This large transaction was reported by Whale Alert, a prominent blockchain tracker that monitors substantial crypto transfers.

A Pepe coin whale has again sent tongues wagging across the broader crypto industry today, primarily with its massive PEPE accumulation. On-chain insights revealed that a staggering $1.2 trillion PEPE was bought from the Binance crypto exchange amid Pepe coin's monthly crash.

Last month was not so friendly to the global cryptocurrency market, which faced challenges. Bitcoin price briefly traded at $58,000 before taking an upward trend.

These are the meme coins to sell as they represent tokens that look stretched from a valuation perspective and are relatively unattractive.

The liquidation levels of the past two days showed that short positions far outnumbered the long positions.

With $1.2 million raised in just its first week, Pepe Unchained ($PEPU) has added another $660,000 in the last two days, taking its total funds to $1.7 million.

Pepe Unchained (PEPU) is the latest meme coin to catch the attention of retail traders. PEPU's creators aim to develop their own layer-2 network targeted at joke tokens. And with over $1.5 million in presale funding raised in just 15 days, the appetite for this ambitious project is strong.

Crypto whales are quietly accumulating a lesser-known Pepe Coin (PEPE) competitor that could lead the next wave of interest in the Pepe meme.

In recent days, (WIF) has captured the spotlight in the cryptocurrency world with its substantial price increase. Currently trading at $2.30, the coin has seen a daily increase of 12% and a weekly surge close to 50%, according to CoinGecko data.

The price of PEPE has gained by 3% in the past 24 hours, reaching $0.00001147 on a day when the crypto market as a whole has risen by 2%.

Check out WIF's most recent advancement.

No sooner than the Bitcoin price demonstrated a bullish rebound, the markets flipped into a bullish favour. Memecoins also gained immense strength as the popular ones surged with double-digit gains.