Meme Coin Bull Market: BONK, WIF, PEPE, and Others Spike by Double Digits
BONK is one of the sector's best performers, with its price spiking by almost 30% daily.
Keep up with what's happening in the crypto world in real-time.
BONK is one of the sector's best performers, with its price spiking by almost 30% daily.
Despite mixed opinions from analysts, Dogecoin (DOGE) enthusiasts remain hopeful that the memecoin can reach a one-dollar price target this cycle, buoyed by its strong community, historical heritage, and bullish indicators
Leading frog-themed meme coin, Pepe (PEPE) rallied more than 17 percent on Tuesday during the early New York session to trade around $0.00000773. The mid-cap meme coin, with a fully diluted valuation of around $3.25 billion at the time of this report, recorded a 40 percent spike in trading volume in the past 24 hours.
PEPE is riding in the green as Coinbase International confirmed 1000PEPE smart contract listing after a 5-day delay.
The listing of PEPE's perpetual contracts by Coinbase has caused its price to spike. However, futures market traders were betting against the token.
Binance, the world's largest cryptocurrency exchange, has unveiled an enticing opportunity for traders seeking to dive into the world of meme tokens. In a recent announcement, Binance revealed a promotion aimed at users who have not engaged in trading on Binance Spot within the last 90 days.
Perpetual Futures Pepe: a new opportunity in the crypto market
Coinbase debuts PEPE perpetual futures, revolutionizing crypto trading.
This development marks a significant expansion in the trading capabilities available to users. It offers a comprehensive suite of trading options that include limit orders, market orders, stop orders, and stop-limit orders.
Coinbase International Exchange is set to broaden its trading portfolio by introducing support for PEPE perpetual futures.
Pepe Coin (PEPE) has experienced a significant price rally ahead of its perpetual futures listing on Coinbase
"The opening of our 1000PEPE-PERP market will begin on or after 9:30am UTC on 23 APR 2024," Coinbase disclosed.
Binance, a prominent player in the cryptocurrency exchange realm, has sparked discussions among traders yet again with its recent announcement. This time, the buzz revolves around the expansion of support for select cryptocurrencies.
Pepe Coin (PEPE), a popular Solana meme coin, rallied nearly 5% today. The surge comes ahead of its perpetual futures listing on the Coinbase International Exchange.
Bitcoin and Ethereum are experiencing modest gains in the past 24 hours, up 2.25% and 0.90% respectively.
As the Bitcoin price rebounded from the lows close to $60,000, the markets appear to have gained significant momentum. The Pepe price has led the memecoins by marking 3 consecutive bullish signals after a tough fight between the bulls and the bears.
Frog-themed meme coin Pepe (CRYPTO: PEPE) has rallied 17% in the past 24 hours amid surging whale transactions, edging closer to the valuation of its rival dogwifhat (CRYPTO: WIF). What Happened: Full-time crypto trader Scient notes that Pepe is already breaking out from its one-day downtrend on lower time frames.
The recent Bitcoin halving has boosted institutional trust in the market, leading to gains across major cryptocurrencies and meme-inspired coins. Charts currently indicate that most cryptocurrencies and meme coins are performing well, with the overall cryptocurrency market capitalization at $2.43 trillion. The meme coin sector specifically has reached a market cap of $56.
The crypto markets are relatively calm after the buzzy Bitcoin halving hype, but Ethereum meme coin Pepe is blasting off after Coinbase news.
As the crypto market endeavors to recover from a recent crash, the spotlight remains on cryptocurrencies like Pepe Coin (PEPE) and their potential to reclaim lost ground. With the completion of the fourth Bitcoin halving over the weekend, investors are closely monitoring market movements and seeking opportunities for growth.
The altcoins are presenting a stronger stance this week after the Halving weekend. With a bullish reversal and a 2.47% jump in the total market cap of altcoins, the meme coins are stepping into the limelight. Amidst the top performers, the blue-chips coins make a conservative move, and the low-cap altcoins are rising fast.
Pepe Coin Price: For the last couple of months, the meme coin sector has shown an intense pullback phase in motion. With the top and hot coins like DOGE, SHIB, and BONK failing to perform, the frog-themed PEPE struggles to escape the bear claws.
The lower timeframe market structures were still bearish for PEPE, but momentum has begun to shift.
Sei, a layer-one blockchain often regarded as a rival to Solana (SOL), has caught the attention of traders as it approaches a critical juncture. According to the pseudonymous analyst known as Altcoin Sherpa, Sei may be primed for a reversal to the upside after retesting a key level.