Keep up with what's happening in the crypto world in real-time.
All Filters (1)
The Sandbox, known for its virtual world fostering creativity and innovation, has significantly expanded its footprint in the Web3 space through the acquisition of several prominent memecoins. This strategic move aims to bolster support for the vibrant communities built around these digital assets while solidifying The Sandbox's position within Web3 culture.
Pepe has gained immense attention in recent times after the splendid surge of over 1200% to mark a new ATH at $0.00001725. Unfortunately, this attracted huge bearish activity, which caused the price to drain by over 40% to mark the monthly lows at around $0.00000968.
Meme coins, the once-dismissed “joke” tokens, are rapidly solidifying their position in the multi-trillion-dollar scene. According to CoinMarketCap, meme coins now command a cumulative market cap of over $45 billion.
Pepe Coin Price Analysis: The downward trajectory of the cryptocurrency market extends for the second half of June as Bitcoin tumbled to a monthly low of $64000. The majority of major altcoins are witnessing the same momentum but the memecoin sectors are facing aggressive selling pressure due to their volatile nature.
As Bitcoin ETFs saw negative flows for three consecutive days, popular meme currencies drowned in a double-digit sorrow.
As of 18 June 2024, the cryptocurrency market remains volatile, with Shiba Inu (SHIB) and Pepe (PEPE) capturing significant attention from investors.
Memecoins are underperforming the crypto market today, which could indicate that traders will pay more attention to BTC and ETH.
A recent report from Whale Alert reveals that 1,158,893,534,074 PEPE tokens, equivalent to approximately 12.34 million USD, were transferred from an undisclosed wallet to Binance, the world's largest cryptocurrency exchange.
Pepe coin has sparked severe investor concerns in the shadow of the crypto market's bearish trajectory today, June 18. Showing signs of a correction in the past 24 hours, the frog-themed meme coin has garnered bearish market sentiments, further amplified by a whale's colossal selloff.
Meme coins are on the receiving end of a large-scale altcoin sell-off on Tuesday morning, suffering double-digit losses across the board. Cryptocurrency Price Gains +/- Dogecoin (CRYPTO: DOGE) $0.1198 -10.7% Shiba Inu (CRYPTO: SHIB) $0.00001775 -11.1% Pepe (CRYPTO: PEPE) $0.00001043 -10.1% Dogwifhat (CRYPTO: WIF) $2.02 -15.8% Floki (CRYPTO: FLOKI) $0.0001625 -13% Dogecoin saw $60 million worth of positions liquidated, as prices dropped more than 10%, while Shiba Inu's larger transactions spiked.
With the Bitcoin price dropping below its $65,200 mark, the crypto market has continued to display a negative trend this week. Moreover, the global market cap has recorded a correction of 2.29% within the past day, resulting in it dropping to $2.34 Trillion.
Pepe (PEPE), like many other cryptocurrencies, is experiencing intense volatility in the market. Without a clear direction yet, on-chain data provides vital information about the price action of the memecoin.
The memecoins were trading in a bullish pattern, which indicated a strong breakout after a brief consolidation. Unfortunately, the bears played out well and slashed the Bitcoin price below $65,000, which shook the entire market along with the memecoins. The top tokens like Pepe, FLOKI, WIF, BONK, BOME, etc.
Tether CEO Paolo Ardoino recently referred to Bitcoin as the only true decentralized cryptocurrency, lauding its uniqueness and consistency. The CEO of the largest stablecoin issuer maintained that Bitcoins' status as the apex cryptocurrency might never be usurped.
With PEPE's recent downtrend, speculations about a close correction have spread. Can PEPE bounce back, and to what price?
PEPE broke above a resistance level, hinting at a bull rally, but later fell under that mark again.
PEPE Price Analysis: Pepe coin price received a boost over the weekend after SEC Chair hinted at a likely spot Ethereum ETF S-1s approval by the end of summer. PEPE price hovered around $0.0000118 during European business hours on Monday, a 1.4% increase in 24 hours.
Meme coin PEPE is seemingly bouncing back after charting a series of red candlesticks over the past couple of days.
In a dramatic turn of events, a PEPE trader has capitulated, selling all of his 114.7 billion PEPE tokens for 366.5 ETH, worth approximately $1.27 million.
Pepe Coin Price Analysis: The cryptocurrency market experienced notable supply pressure in the second week of June. With the Bitcoin price reverting from $71000, macroeconomic factors increasing market uncertainty, and BTC Miner's capitulation, the majority of major altcoins entered a fresh correction trend.
The popular memecoin could be in for an interesting few weeks if a few conditions pan out.
In a striking move that has captured the attention of the cryptocurrency community, a significant whale has transferred 357.2 billion PEPE tokens to Binance amid a notable price dip. This substantial transaction has sparked speculation about the potential impact on the market and what might come next for PEPE.
Discover three meme coins to avoid in June as the market faces instability. Learn why Dogecoin, Shiba Inu, and others pose serious risks.
The cryptocurrency landscape has continually evolved, with new niches and innovative tokens emerging to cater to specific interests and communities. One such niche gaining traction is the PolitiFi token sector, which blends political engagement with the dynamic world of crypto.
