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In a significant milestone, frog-themed memecoin Pepe (CRYPTO: PEPE) hit $7 billion in market cap, with $4 billion added in May alone. What Happened: PEPE became just the third memecoin after blue-chip currencies like Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) to achieve this feat.
PEPE's OBV climbs swiftly higher, reflecting a consistent buying volume as the RSI notes a strong upward momentum.
A trader known for making timely crypto market calls thinks that one surging memecoin is poised to more than double its valuation.
Here is how some of your favorite assets concluded the week.
Multiple top cryptocurrencies saw a second round of price upswings last week. Let's take a look at PEPE, NOT and ONDO.
The cryptocurrency world is witnessing a familiar sight: a meme coin on fire. PEPE, a token emblazoned with the internet's favorite frog, has skyrocketed in recent weeks, leaving investors wondering if this is the dawn of a new era or a fleeting fad.
As another week draws to a close in the cryptocurrency sphere, the market has been a hotbed of attention-grabbing developments. The long-awaited spot Ethereum ETFs received the green light from the U.S. SEC (Securities and Exchange Commission), and the first major crypto bill, FIT21, also cleared this week.
PEPE or Pepe Coin is moving up like a rocket to the moon as the PEPE price has doubled to the value it had two weeks ago. In these two weeks, the PEPE price has formed three peaks, one higher than the previous, creating multiple new all-time high records.
Pepe continues its bullish streak, rising by more than 10%. Over the past few days, the frog coin's price has surged, reaching new all-time highs.
In the vast and still experimental cryptocurrency market, influencers and enthusiasts often share insights into their favorite cryptocurrencies. Usually, they will hold these assets as personal investments—a normal behavior expected from someone enthusiastic about an asset.
Pepe coin, a renowned frog-themed meme cryptocurrency, has continued to defy the broader market sentiments of a price correction and has once again surged to unprecedented levels. PEPE has hit new ATH amidst the meme coins sector recovery, solidifying its position and garnering significant attention across the global crypto realm.
Meme coins have carved out a unique niche in the cryptocurrency market that is fascinating yet uncertain. Out of these, Dogecoin (DOGE) and PEPE are two of the most discussed contenders.
PEPE has had a big week in which it broke its all-time high several times.
With a massive jump 65% jump this week, the PEPE price action showcases increased momentum and buying pressure. Further, as the broader market recovers with Bitcoin near $69K and Ethereum ETFs approval, the bull run chances are improving for the meme coins.
PEPE experienced a substantial surge in price over the last few days, reflecting increased market interest and investor activity.
A mysterious cryptocurrency whale has made a splash on the memecoin market after moving nearly $8 million worth of $PEPE from Binance, effectively withdrawing 592 billion tokens after the recent price rise. According to on-chain analytics firm Lookonchain, the whale likely bought the tokens as the price of PEPE surged.
A widely followed crypto analyst says that one top-10 altcoin will eventually see a 500% rise while updating his outlook on smart contract platform Ethereum (ETH) and memecoin Pepe (PEPE).
Renowned crypto trader Altcoin Sherpa shared a personal story of his experience with Pepe (CRYPTO: PEPE), offering valuable insights into the challenges and lessons of crypto trading. What Happened: Sherpa reminisces about his early investment in PEPE when its market capitalization was only $10 million.
Will Pepe Coin hit $1 in June? Discover the trends and forecasts now
Pepe Coin price forecast: The frog-themed meme coin increased by 76% in the past four days and hit an all-time high price of $0.00001577. Consequently, its market cap also surged to $6 billion for the first time.
Crypto Market Analysis: The leading cryptocurrency, Bitcoin, falling for four consecutive days has disrupted the bullish sentiment initiated by Ethereum earlier this week amid the development in Spot ETH ETF. The U.S. Securities and Exchange Commission (SEC) has recently greenlit Form 19b-4 applications for eight notable Ethereum exchange-traded funds (ETFs), as reported by Wu Blockchain.
New wallets and first-time accumulators have withdrawn a staggering $76.95 million worth of six Ethereum ecosystem tokens from crypto exchanges (CEX) over the past week. The Ether tokens involved in these massive withdrawals include Lido DAO (LDO), Ethereum Name Service (ENS), Ethena (ENA), Pepe Coin (PEPE), Uniswap (UNI), and Aave (AAVE).
The frog-themed crypto project Pepe (PEPE) remains the most sought-after meme coin. The mid-cap altcoin, with a market capitalization of about $5.795 billion, had the highest daily traded volume of about $2.624 billion in the meme coin industry. The prior spot Ethereum ETF hype triggered a notable rise in Ether-based altcoins.
A savvy trader has captured the attention of the crypto world with his remarkable success in meme-based cryptocurrency investments.
