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/">$0.00001185</a>, breaking out of a period of stagnant trading.</p> 
<p>Renowned crypto analyst Decilizer recently highlighted the bullish prospects for PEPE in a tweet. He suggested that if Bitcoin maintains its bullish momentum, PEPE could see significant gains, potentially even shedding a zero from its current price.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$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>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<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

Indice dei contenuti

CoinPedia News

Altri articoli pubblicati su 25 giu 2024

Zodia Custody Partners With 21Shares to Offer Crypto ETPs in Europe

MakerDAO Phishing Scam: Delegate Loses $11M in Crypto After Unknowingly Signing Multiple Phishing...

AO’s $260 Million Pre-Bridged Influx Spikes AO’s Market Reputation

Terra Ecosystem Collapse Affects Crypto Investors in 2022

With Bitcoin At $60K Slump, Will Terra Coins Make A Comeback?

Bitget Wallet Integrated on Eigenpie, Amplifies Restaking Services (25 Jun)

Iscriviti alla nostra newsletter gratuita per aggiornamenti giornalieri sulle criptovalute!