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The meme coin sector is often seen as a challenging investment area for crypto investors due to its high volatility. These assets typically exhibit more dynamic movements than the broader market, making them popular for speculative trading.
PEPE price, which sent ripples across the meme coin market with its recent correction, is now looking to bounce back.
Analyzing the monthly chart, PEPE has seen a 16.5% increase, bringing its price to $0.00001155. This rise reflects a strong bullish momentum from the previous month. However, the recent consolidation within a symmetrical triangle pattern suggests a potential pause in the upward movement.
Declining large-holder addresses may impact PEPE's value in the short term.
Defying the broader market correction, the world's third-largest meme coin PEPE Coin has registered a 4% surge on the upside. As of press time, the PEPE price is trading at $0.0000114 with a market cap of $4.8 billion.
The crypto prices today have once again stirred a whirlpool of mixed market sentiments as Bitcoin (BTC) and most of the top altcoins retained a sluggish momentum. However, Solana (SOL) noted considerable gains, followed by Pepe coin (PEPE) and AI coins Render (RNDR), Injective (INJ) and NEAR Protocol (NEAR).
PEPE's price dropped below a critical support level, hinting at a further plummet to $0.000009.
Pepe Coin price prediction: The first three weeks of June have been notably bearish for the crypto market following the lead of Bitcoin correction. With the BTC price falling below $64,000 on Friday, several altcoins especially the meme coin sector witnessed extended correction.
Whenever one thinks of memecoins, a few names come to mind first, one of them being Pepe. The project's popularity is global, which is why Pepe Unchained, launched as its enhanced version, has already gone viral as a high-potential presale project in the memecoin space.
The bearish cartel launches a fresh attack over the crypto space and drags the BTC price below $65,000 for the first time in the past 40 days. Meanwhile, memecoins like FLOKI, WIF, & BONK price near double-digit losses. Here's what to expect from these tokens by the end of the month.
Down 6.5% in the past 24 hours as per CoinMarketCap, the Pepe (PEPE) price is at risk of falling further in the days and weeks ahead, chart analysis suggests.
An accurate assessment of meme coins to sell will help you to minimize risks during the market correction.
A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on a small-cap altcoin built on the Ethereum (ETH) blockchain.
On-chain data shows the memecoin Pepe currently has 80% of its holders in profit. Here's how Dogecoin, Bitcoin, and other top coins compare.
SHIB and PEPE join the ranks of popular cryptos accepted for Crypto.com's Visa Card funding.
After a recent crash, the global crypto market is trying to make a recovery, with memecoins such as Shiba Inu (SHIB) and Pepe (PEPE) being on the watchlist of investors for a potential rebound. These meme coins have experienced price fluctuations in their recent months, prompting the question of which crypto has the potential to
Crypto assets are picking up daily gains with classes like Solana meme coins and decentralized finance (DeFi) attempting a breakout. This week, assets are recording a rebound although figures might remain in the red zone for many due to previous negative trading.
What's next for PEPE after defending 61.8% Fib level amidst BTC fluctuations?
Popular metaverse and Web3 gaming firm The Sandbox has announced the purchase of several leading meme-inspired cryptocurrencies as it believes “that culture of creativity is a cornerstone of the open metaverse and take time to engage in and help grow the Web3 ecosystem to benefit those who are a part of it.
The recent Binance listing has brought ZkSync (ZK) into the spotlight, while significant whale activity around PEPE has sparked interest within the crypto community. Meanwhile, the DTX Exchange is emerging as a presale powerhouse for traders looking to capitalize on these dynamic shifts with its cutting-edge technology and mind-blowing platform features.
The cryptocurrency market is attempting a recovery on Wednesday after a week of persistent sell-side pressure that left investors counting hefty losses. CoinGecko data shows a 1.2% increase in the cumulative market cap to $2.487 trillion, reflecting small increases in crypto prices.
The PEPE price is up by nearly 8% today, leading the altcoin recovery even as Bitcoin fails to display any considerable bullish strength.
Metaverse-centric platform The Sandbox purchased six “major memecoins” in an effort to provide utility to its own users and the wider memecoin collective.
PEPE is building a bullish momentum for a potential reversal.
