Pepe Coin

Pepe

<p>The post <a href="https://coinpedia.org/news/memecoins-rally-pepe-coin-surge-by-11-is-a-zero-about-to-vanish/">Pepe Coin (PEPE) Eyes New Highs as Memecoins Prep for Breakout</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Get ready crypto enthusiasts, because memecoins are making a comeback unlike anything we’ve seen before! Forget the recent market slump – memecoins are on a tear, recording massive gains in the last 24 hours. While Bitcoin and its big buddies are down in the dumps, hitting new monthly lows, memecoins are thriving.</p> 
<p>What’s driving this sudden surge? And could it be a sign of things to come? Read on to find out!</p> 
<h2 class="wp-block-heading" id="h-pepe-coin-leads-the-charge">Pepe Coin Leads the Charge</h2> 
<p>At the forefront of this memecoin surge is Pepe Coin (PEPE), which has seen a significant price increase of 15% over the past week and an 11% jump in the last 24 hours. Currently, PEPE is trading at approximately <a href="https://markets.coinpedia.org/pepe/">$0.00001185</a>, breaking out of a period of stagnant trading.</p> 
<p>Renowned crypto analyst Decilizer recently highlighted the bullish prospects for PEPE in a tweet. He suggested that if Bitcoin maintains its bullish momentum, PEPE could see significant gains, potentially even shedding a zero from its current price.</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$PEPE</a> is gaining strength on the charts, gearing up for another upside move. If Bitcoin stays bullish, this memecoin might just trim a zero from its price. <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SHIB</a> and <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DOGE</a> are stepping up to lead the charge. <br>Previously there was an 11x surge in profits. <a href="https://twitter.com/hashtag/memecoins?src=hash&amp;ref_src=twsrc%5Etfw">#memecoins</a> <a href="https://t.co/VmS9v3c7yL">pic.twitter.com/VmS9v3c7yL</a></p>— Decilizer (@decilizer) <a href="https://twitter.com/decilizer/status/1805461455556558864?ref_src=twsrc%5Etfw">June 25, 2024</a>
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<p><strong>Bullish Patterns and Indicators</strong></p> 
<p>PEPE has been in a corrective phase for about a month following its previous all-time high. The recent price correction has formed a falling wedge pattern over the past month, often considered a bullish sign indicating a potential breakout to the upside.</p> 
<p>Should this breakout occur, PEPE’s price could surge by 96%, reaching a new all-time high of $0.00002096.</p> 
<h2 class="wp-block-heading" id="h-pepe-technical-analysis">PEPE Technical Analysis</h2> 
<p>Analyzing PEPE’s price movement reveals promising signs. The coin has recently surpassed its 50-day simple moving average (SMA), typically seen as a bullish signal. Alongside this, PEPE’s 24-hour trading volume has surged by 105%, indicating a notable increase in investor interest.</p> 
<p>Currently, the relative strength index (RSI) for PEPE sits at 48 and is trending upwards. It has also crossed above its moving average on the daily timeframe, suggesting a potential setup for further upward movement.</p> 
<h2 class="wp-block-heading" id="h-other-memecoins-join-the-rally">Other Memecoins Join the Rally</h2> 
<p>Pepe isn’t the only memecoin showing gains amid a generally bearish market. Several other meme-inspired cryptocurrencies have also posted impressive gains in the past 24 hours.</p> 
<p>Solana-based Dogwifhat (WIF), which captured attention earlier in 2024 by reaching a $4 billion market cap, has joined the rally, showcasing a 23% surge in a day. Meanwhile, Popcat (POPCAT) experienced a remarkable 50% surge, highlighting its growing popularity among traders.</p> 
<p>Similarly, Mog Coin (MOG) saw a 39% price increase, further emphasizing the ongoing trend of meme coins outperforming the broader crypto market.</p> 
<p><strong>Thinking of jumping on the memecoin bandwagon? Let us know which one has your eye!</strong></p>

Pepe Coin (PEPE) Eyes New Highs as Memecoins Prep for Breakout

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