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Crypto exchange Bybit recently released a report highlighting how much institutional investors have invested in meme coins such as Dogecoin and Shiba Inu. The platform revealed that these investors have been actively trading these meme coins since the start of the year and noted what specific meme coins they are currently holding.
Pepe Coin boomed in May with new gains every other day, but the surge is on a halt now as the price has dropped in the last few days. Earlier in March, PEPE also exhibited very similar bullish behavior, but the rally ran short.
Floki Inu reaches a new high, but is PlayDoge the next meme coin to explode? Here are the similarities, potential, and why experts are bullish on both and you decide!
Crypto enthusiasts and traders are excited about rumors that Algotech (ALGT) may list on major exchanges by the third quarter of this year. Industry experts predict this could spark a huge price rally, just as witnessed with popular meme coins like Shiba Inu (SHIB) and Pepe (PEPE).
As the Bitcoin price gains some momentum, the memecoins have set up a fine ascending trend. While the popular ones are struggling to gain attention, FLOKI leads the rally with over a 25% jump, followed by BONK with more than 10%.
PEPE price has experienced a 17% correction from its all-time high, but on-chain data suggests that a bullish reversal may be imminent, with the meme coin potentially targeting new peaks in June 2024.
Pseudonymous trader Crash revealed a million-dollar leverage trade profit, sharing his strategy for traders that want to copy his success. What Happened: Crash revealed on his X account that he made over $1 million in profits this month through leveraged trades.
The cryptocurrency market is booming, and altcoins to buy like Pepe (PEPE), Litecoin (LTC), Fetch.ai (FET), Kaspa (KAS), Hedera (HBAR), and Notcoin (NOT) show substantial growth potential. Due to recent crypto growth, these cryptocurrencies are expected to reach the top 20 in June.
Ready to uncover the secrets behind PEPE's recent rollercoaster ride?
A crypto trader has realized nearly $5 million in profits from a six-month position trade with the meme coin PEPE. The position had a dollar-cost average of around $500,000 and an approximate valuation of $5.3 million on sale.
In May, the meme coin market experienced a rally. This was partly fueled by the surge in the general altcoin market following the US Securities and Exchange Commission's approval of eight spot Ethereum exchange-traded funds (ETFs).
Over the weekend, Based Brett became the first meme coin on Base to reach a $1 billion market capitalization.
A whale investor struck gold by selling their Pepe Coin (CRYPTO: PEPE) at 976% profit after holding for nearly six months. What Happened: According to on-chain tracking platform Lookonchain, the wealthy trader transferred a staggering 365.96 billion PEPE tokens, worth $5.3 million, to the cryptocurrency exchange Binance on Monday.
While traders choose to lean on another fall, the token seems to be preparing for the next uptick.
SHIB has slumped by more than 5% in the past day, while PEPE is down by 8%.
The leading player in the meme coin space, Pepe Coin price has experienced a notable dip today. Notably, the slip in the PEPE price comes as investors are seizing profit-booking opportunities, leading to a 6% drop in the coin's value.
While the top tokens like Bitcoin, Ethereum, Ripple, Cardano, etc have been stuck within a narrow range, memecoins continue to attract traders' attention. The initial bull run of 2024 was ignited by the PEPE price rally which FLOKI, BONK, WIF, etc later followed.
The GameStop frenzy is creating strong buying pressure on meme coins. On-chain analysis platform Lookonchain reveals that a whale withdrew 202.4 billion Pepe tokens - worth $3.07 million - from Binance.
The meme coin ecosystem is blowing up amid a broader recovery in the digital currency ecosystem. The meme coin market has soared by approximately 2.39% in 24 hours to $64,365,653,712.
PEPE has been on a remarkable upward trajectory, showcasing significant bullish momentum that has caught the attention of traders and investors alike. This sustained uptrend suggests strong market confidence and growing optimism about the prospects of PEPE.
Pepe Coin Price Prediction: PEPE, a popular meme coin, has experienced a price surge over the past 24 hours. This comes after bullish sentiment in the market.
In an attention-grabbing development witnessed today, June 3, despite Pepe coin already being on a phenomenal bull run, a fresh wallet has accumulated staggering amounts of PEPE from Binance, birthing market sentiments of more potential price gains in the pipeline. Notably, approximately 202 billion coins were bought against the backdrop of a weekly pullback in
PEPE has had an interesting last few weeks. Where is it heading now though?
The cryptocurrency market witnessed a renewed recovery following the Bitcoin reversal from $56000 in May. While a majority of major altcoins experienced a notable uptrend, the Memecoin sector rallied with a higher momentum as they are appealing to speculative traders who are adept at navigating rapid market changes and capitalizing on quick profit opportunities.
