Meme Coin PEPE to See Two-Month Low as Crypto Whales Sell
PEPE price was noting a breakout from a descending wedge. However, this potential rally failed soon after, and the meme coin is now vulnerable to a decline.
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PEPE price was noting a breakout from a descending wedge. However, this potential rally failed soon after, and the meme coin is now vulnerable to a decline.
The steady declines of DOGE, WIF, and PEPE lead short traders to dominate their respective derivatives markets.
Check out which altcoin investors have suffered the most due to the crypto market decline.
As the crypto market witnesses a massive crash, the altcoins are losing their critical support levels. Amidst the crash, the meme coins known for massive moves on either side display an amplified downside move. As investors quickly square off amid the rising FUD, dreams of a market-wide bull run post-Halving become further from reality.
Unexpected developments are common in the cryptocurrency space, and the crypto community is curious about whether Pepe Coin (PEPE) will exceed Shiba Inu (SHIB) in 2024. PEPE has shown a growth of over 1000% this year, leading to predictions that it may overtake Dogecoin and Shiba Inu as the top meme coin in terms of
As the meme coin competition grows, Shiba Inu has extended its subtle lead over its core rivals Dogecoin (DOGE) and PEPE.
The cryptocurrency market points to an extended correction trend as Bitcoin price plunged to a low of $61000 on Tuesday. Amid the market sell-off, Pepe, the Frog-theme memecoin tumbled 7.3% struggling to hold its value above the 38.2% Fibonacci retracement level at $0.0000065.
Liquidity in the market is expected to flow into the memecoin but that does imply starvation for UNI.
Pepe (CRYPTO: PEPE) is in a consolidation period, but traders remain optimistic given increasing retail demand and transaction volumes. What Happened: Revolut, the U.K.'s leading finance and crypto app, has seen a significant shift in its customers' cryptocurrency holdings, with Pepe now surpassing Ethereum (CRYPTO: ETH) in terms of total holdings.
For investors looking for cryptos to sell ahead of what could be a volatile run to the end of the year, here are three to consider.
Cold Blooded Shiller (@ColdBloodShill), a well-known figure in the crypto analysis community, recently shared a technical analysis of the PEPE/USDT pair on Binance, marking it as one of the most promising charts in the current market landscape. With his analysis, posted to his 272,000 followers on X, he describes the potential movements of PEPE, both bullish and bearish, as it approaches a critical juncture on its trading chart.
In an unprecedented turn of events, amidst the broader crypto market's portrayal of recovery, Shiba Inu & Pepe coin have emerged as the center of attention. The crypto horizon is ablaze with on-chain data revealing an unprecedented surge in the accumulation of these coins.
Bitcoin (BTC) is the biggest cryptocurrency in the world, but at times, even altcoins can surpass the performance of the king coin.
Pepe (PEPE) has been one of the best-performing crypto assets since the beginning of the year, with a year-to-date (YTD) gain of over 400%. This crypto analyst predicts that PEPE can continue this impressive run and become the largest meme coin by market cap, ahead of Dogecoin and Shiba Inu.
Pepe coin price forecast: Pepe, a cryptocurrency inspired by internet memes, has experienced a significant decrease in its market value. Currently, the Pepe price is at $0.00000704.
With a broader market slowdown, the meme coins are struggling to pull off any major recovery moves. As any signs of recovery in the market face a quick rise in supply due to profit booking, a healthy correction might now be carcinogenically bearish.
PEPE latest price has surged 65& over the last 10 days, outperforming the broader crypto market trend. Can it erase another zero in the week ahead?
Here is how some of your favorite assets concluded the week.
The cryptocurrency market has been under sideways action for the past two weeks reflecting an uncertain investor sentiment around Bitcoin Halving. While the BTC price is still wavering around the $63000 mark, the Frog-themed memecoin Pepe outperforms this general sentiment to show a notable upswing in the daily chart.
Bitcoin has seen a decrease in whale activity since March 14; What about Ethereum and Pepe? These are the key cryptocurrencies to monitor this week.
PEPE and FLOKI registered promising growth in the last 24 hours, allowing them to recover past losses.
Though a rally for PEPE may be possible, there is almost no way it replicates POPCAT's form.
The crypto market is gearing up for the bull run in 2024 attributed to Bitcoin halving. Despite the ongoing uncertainty due to internal and external forces such as the geopolitical tensions in the Middle East and Europe, the market's long-term outlook is significantly bullish.
Pepe (CRYPTO: PEPE) continues its upward trajectory, with its 42% weekly gain prompting growing investor optimism. What Happened: Pseudonymous cypto trader Plazma, known for his interest in Pepe, disclosed in an X post on April 25 that he recently sold all his holdings in Dogwifhat (CRYPTO: WIF) to invest in Pepe.