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Pepe (CRYPTO: PEPE) is up 58% month-over-month, leading a trader to believe spot positions will outperform all his leverage positions. What Happened: Crypto trader Crashius Clay, best known for making millions with BRETT, shared a humorous observation about the potential of trading PEPE with zero leverage, hinting an upcoming market frenzy and the importance of discipline in buying during quiet periods.

The index initially contains PEPE, FLOKI, WIF, BONK, DOGE, and SHIB.

The ongoing downturn in the cryptocurrency market has underscored the strength of the more established memecoins over the several new ones birthed during the memecoin frenzy earlier this year. What Happened: According to popular cryptocurrency analyst Emperor Osmo, coins like Pepe (CRYPTO: PEPE), Floki (CRYPTO: FLOKI), and Dogecoin (CRYPTO: DOGE) notched up gains of 17%, 11%, and 8.5% respectively over the past two weeks.

PEPE was about to break above a bullish pattern, which can result in the memecoin touching new highs.

Ripple, Binance, and Pepe coin igniting a flurry of speculations among crypto market participants. Here's a closer look into this week's top headlines that influence the crypto market trends in the week ahead.

Bitcoin price looks stuck in the near term, but TON, RNDR, PEPE and AR could surprise traders by making a strong upside move.

Pepe Coin Price Analysis: For over a week, the Bitcoin price has wavered around the $60000 level accelerating uncertainty among market participants. As a result, the altcoin market lacked the momentum to drive a sustainable recovery with many showing a sideways action.

Another week ends within the global crypto realm, with Ripple, Binance, and Pepe coin igniting a flurry of speculations among crypto market participants. The ongoing Ripple vs the U.S. SEC lawsuit took exciting turns this week, whereas Binance further streamlined its crypto offerings.

PEPE has showcased some impressive performance over the last few days, with the memecoin now steadily closing in on its all-time high.

Amid a tumultuous global crypto market downturn, the community is currently engaged in a prevalent discussion between Shiba Inu (SHIB) and Pepe Coin (PEPE). Although both digital currencies are affected by the volatile world of cryptocurrency, their market performances show different stories.

Despite the current downturn of the crypto market, PEPE coin has been one of the tokens that is still holding strong as its price is still trading above the 100-day Simple Moving Average (SMA) and the trendline.

Despite the accumulation, the average PEPE investor is staying on the neutral side of the market.

This week, the meme coin sector is again demanding center stage, and Dogecoin, Pepe, and Dogwifhat are jousting for the top spot.

Amid the ongoing market turbulence, a glimmer of hope emerges for crypto investors as Pepe Coin, alongside other major cryptocurrencies, garners attention from smart money players. Despite the recent downturn in the broader crypto market, the resurgence of Pepe Coin's price has ignited optimism among investors, prompting discussions about a potential recovery.

Major crypto whales have capitalized on the current market downturn. They have acquired substantial amounts of the meme coin Pepe (PEPE), with transactions totaling approximately $5.56 million.

Pepe coin accumulations have emerged as an ongoing trend amidst this year's remarkable bull run experienced by the frog-themed meme token. Today, May 11, data from an analytics platform revealed that a staggering 650 billion PEPE was purchased by crypto market investors, igniting a flurry of optimism on the meme cryptocurrency's future price movements.

A new player has entered the meme coin arena, making waves with a crazy purchase of over 350 billion PEPE tokens on the Binance exchange. This acquisition, worth an estimated $2.914 million, has ignited speculation and excitement in the crypto space, raising questions about PEPE's future trajectory.

PEPE has been rallying lately. Does this mean its old ATH is within reach now?

There is a strong buy signal for PEPE on the charts. However, it's not all good news yet.

In a bold move signaling strong market confidence, a crypto whale has snapped up 357 billion PEPE on Binance, propelling PEPEs price higher. This considerable acquisition coincides with the tokens recent 3% uptick and a cumulative 16% weekly gain, spotlighting PEPEs burgeoning appeal in the meme coin sector.

VanEck MEMECOIN index tracks six top meme coins, including Shiba Inu, Dogecoin, Dogwifhat, Bonk, Pepe, and Floki.

The VanEck's MarketVector Meme Coin Index tracks top six meme coins of the respective sector, with an 89% weightage of the entire meme coin sector.

Crypto traders express optimism about Pepe (CRYPTO: PEPE) despite a recent pullback, with some anticipating a powerful move towards all-time high levels. What Happened: Cold Blooded Shiller described Pepe as one of the strongest markets on the high time frame (HTF) and plans to hold the current flip, eyeing a challenge to the ATH zone.

In a major development in the cryptocurrency world, a crypto whale has reportedly purchased a massive 357.34 billion PEPE tokens, valued at approximately $2.9 million, from the Binance exchange.