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Solana ($SOL ) price falls as investor interest dissipates
Solana (SOL) price continues to decline as broader market signals turn bearish, as does investor interest.
$SOL
Along with them, a major group that had influence on Solana is retreating.To get an advertising service for your crypto project or press releases
Solana SOLUSD and institutions... a complex duo
Solana's price SOLUSD is bearing the brunt of its investors' decline, which is evident in its open interest (OI) and inflows. First, investors are becoming increasingly skeptical.
#SOL🔥🔥 #Solana’
The shift in sentiment reflects broader uncertainties and volatility within the market, prompting Solana holders to adopt a more cautious approach to their investments. Within a week, OI fell by more than $500 million from $2.5 billion to $2 billion.
Moreover, until the end of May, institutional investors showed a strong preference for Solana SOLUSD, indicating confidence in its potential. However, this trend has changed dramatically recently.
Currently, institutions are diversifying their investments by allocating funds to Ripple XRPUSD, Litecoin LTCUSD and Chainlink LINKUSD. This reallocation of investments highlights a strategic move to mitigate risks and leverage the potential of other cryptocurrencies.
For the week ending June 8, the three assets saw inflows of $0.7 million each. While this has not affected Solana's position as the asset with the highest annual flows to date, it is being challenged. On the other hand, Ripple XRPUSD saw inflows worth approximately $1.2 million
Solana (SOL) price continues to decline as broader market signals turn bearish, as does investor interest.
$SOL
Along with them, a major group that had influence on Solana is retreating.To get an advertising service for your crypto project or press releases
Solana SOLUSD and institutions... a complex duo
Solana's price SOLUSD is bearing the brunt of its investors' decline, which is evident in its open interest (OI) and inflows. First, investors are becoming increasingly skeptical.
#SOL🔥🔥 #Solana’
The shift in sentiment reflects broader uncertainties and volatility within the market, prompting Solana holders to adopt a more cautious approach to their investments. Within a week, OI fell by more than $500 million from $2.5 billion to $2 billion.
Moreover, until the end of May, institutional investors showed a strong preference for Solana SOLUSD, indicating confidence in its potential. However, this trend has changed dramatically recently.
Currently, institutions are diversifying their investments by allocating funds to Ripple XRPUSD, Litecoin LTCUSD and Chainlink LINKUSD. This reallocation of investments highlights a strategic move to mitigate risks and leverage the potential of other cryptocurrencies.
For the week ending June 8, the three assets saw inflows of $0.7 million each. While this has not affected Solana's position as the asset with the highest annual flows to date, it is being challenged. On the other hand, Ripple XRPUSD saw inflows worth approximately $1.2 million
Could PEPE cost $1?
$PEPE
It is very important to set logical goals when analyzing cryptocurrencies, especially meme currencies. Therefore, PEPE price expectations that it will likely reach $1 are completely illogical. Since this means a 1000x increase from the current price, This will make the currency's market value greater than the entire crypto market.
Therefore, this goal is completely illogical and is not in line with logical currency goals. But as we said, it is realistic for this currency to become the second largest meme currency after Dogecoin, and there may even be a chance for it to become the No. 1 meme currency.
#pepe⚡
But we do not expect an increase of more than 500% from the current price, even at the top of the bull market. This is because most of the currency's gains have already been achieved since the previous rise that occurred at the beginning of the year.
$PEPE
It is very important to set logical goals when analyzing cryptocurrencies, especially meme currencies. Therefore, PEPE price expectations that it will likely reach $1 are completely illogical. Since this means a 1000x increase from the current price, This will make the currency's market value greater than the entire crypto market.
Therefore, this goal is completely illogical and is not in line with logical currency goals. But as we said, it is realistic for this currency to become the second largest meme currency after Dogecoin, and there may even be a chance for it to become the No. 1 meme currency.
#pepe⚡
But we do not expect an increase of more than 500% from the current price, even at the top of the bull market. This is because most of the currency's gains have already been achieved since the previous rise that occurred at the beginning of the year.
How much could the PEPE coin increase?
$PEPE
We expect the PEPE price forecast to be the best in the meme coin category. But this does not mean that it may have a greater market value than Dogecoin. But we expect that it is very possible that the market value of the coin will become greater than that of the Shiba Inu.
#pepe⚡
This means that Pepe's price may reach $0.000030, which is a very high number.
We expect that this is very possible to happen during the remaining time of this year, and the price of the currency may also increase from this point and reach up to $0.00010, but we are not sure of this expectation.
This would require a very large amount of liquidity to be pumped into the currency in order for its price to increase to this extent.
$PEPE
We expect the PEPE price forecast to be the best in the meme coin category. But this does not mean that it may have a greater market value than Dogecoin. But we expect that it is very possible that the market value of the coin will become greater than that of the Shiba Inu.
#pepe⚡
This means that Pepe's price may reach $0.000030, which is a very high number.
We expect that this is very possible to happen during the remaining time of this year, and the price of the currency may also increase from this point and reach up to $0.00010, but we are not sure of this expectation.
This would require a very large amount of liquidity to be pumped into the currency in order for its price to increase to this extent.
$200,000 bet on approval of Solana ETFs
#MarketSentimentToday
Decentralized betting market platform Polymarket saw more than $200,000 in bets on accepting Solana spot exchange-traded funds (ETFs) by December 31, 2024.
This huge bet reflects the great interest in the future of Solana coin in the cryptocurrency market $BTC
#BinanceTournament #AirdropGuide
Speculators are betting
ting big on Solana's funds being accepted
Earlier this week, US Securities and Exchange Commission (SEC) Chairman Gary Gensler indicated the potential approval of Ethereum ETFs in the US by the end of the summer. This will be the first time a non-Bitcoin digital asset has received such a designation, sparking speculation about the possibility of Solana coin ETFs being introduced as the third most popular project$ETH
Despite this optimism, Polymarket's bet on Solana ETF approval remains cautious at 7%. The debate over Solana ETFs comes amid a changing regulatory environment and a gradual increase in bipartisan support in the United States for cryptocurrencies.$BNB
For example, Republican presidential candidate Donald Trump has positioned himself as a strong supporter of cryptocurrencies, criticizing and opposing Democratic efforts to cap the sector.
Messari CEO Ryan Selkis highlighted Trump's defense of the industry but noted that he did not provide specific details about his future policies or any promises to makers.
“I wasn't expecting to share that I was at Mar-a-Lago tonight, but President Trump spoke highly of cryptocurrencies,” Selkis said.
In addition, the recent passage of the Financial Innovation and Technology for the 21st Century (FIT21) Act by the House of Representatives, which saw significant Democratic support, reflects a potential policy shift.
Cryptocurrency advocates welcomed the bipartisan bill's success in the House of Representatives but remain wary of its final form.
While the industry sees this intention to address regulatory ambiguity as a symbolic win, there is caution about the potential regulatory implications.
Approval of Solana's ETFs will be a major milestone, signaling broader acceptance and integration of cryptocurrencies into mainstream finance.
However, as Ethereum ETFs await final approval, the crypto community remains cautiously optimistic. The industry's focus is on navigating the regulatory environment and ensuring that new policies support crypto innovation rather than hinder it.
Decentralized betting market platform Polymarket saw more than $200,000 in bets on accepting Solana spot exchange-traded funds (ETFs) by December 31, 2024.
This huge bet reflects the great interest in the future of Solana coin in the cryptocurrency market $BTC
#BinanceTournament #AirdropGuide
Speculators are betting
ting big on Solana's funds being accepted
Earlier this week, US Securities and Exchange Commission (SEC) Chairman Gary Gensler indicated the potential approval of Ethereum ETFs in the US by the end of the summer. This will be the first time a non-Bitcoin digital asset has received such a designation, sparking speculation about the possibility of Solana coin ETFs being introduced as the third most popular project$ETH
Despite this optimism, Polymarket's bet on Solana ETF approval remains cautious at 7%. The debate over Solana ETFs comes amid a changing regulatory environment and a gradual increase in bipartisan support in the United States for cryptocurrencies.$BNB
For example, Republican presidential candidate Donald Trump has positioned himself as a strong supporter of cryptocurrencies, criticizing and opposing Democratic efforts to cap the sector.
Messari CEO Ryan Selkis highlighted Trump's defense of the industry but noted that he did not provide specific details about his future policies or any promises to makers.
“I wasn't expecting to share that I was at Mar-a-Lago tonight, but President Trump spoke highly of cryptocurrencies,” Selkis said.
In addition, the recent passage of the Financial Innovation and Technology for the 21st Century (FIT21) Act by the House of Representatives, which saw significant Democratic support, reflects a potential policy shift.
Cryptocurrency advocates welcomed the bipartisan bill's success in the House of Representatives but remain wary of its final form.
While the industry sees this intention to address regulatory ambiguity as a symbolic win, there is caution about the potential regulatory implications.
Approval of Solana's ETFs will be a major milestone, signaling broader acceptance and integration of cryptocurrencies into mainstream finance.
However, as Ethereum ETFs await final approval, the crypto community remains cautiously optimistic. The industry's focus is on navigating the regulatory environment and ensuring that new policies support crypto innovation rather than hinder it.
Is it true that Joe Biden intends to accept cryptocurrency donations for his presidential campaign?
Following in the footsteps of his opponent, Donald Trump, Joe Biden is reportedly exploring the possibility of accepting cryptocurrency donations for his presidential campaign. Meanwhile, cryptocurrencies can be accepted via the Coinbase Commerce service, which Donald Trump has already used.
#BinanceTournament #AirdropGuide #BTCFOMCWatch
In fact, it is Trump's particularly open stance on the ecosystem that may prompt the current US president to reconsider. Hayden Adams, CEO of Uniswap (UNI), had previously said that the candidate would encourage his team to make this choice:
"Those in the inner circle are now specifically telling the Biden team, 'If you stay silent about this encryption issue and don't know about it, you might lose the election.'"
$BTC $ETH $BNB
In addition, some analysts said that the Democratic candidate's team is seeking to show that "they are not the arch enemy" of the cryptocurrency industry, which is looking for politicians to support it.
However, if this rumor becomes true, it won't be long before we know the outcome. At this time, neither Coinbase, its CEO Brian Armstrong, nor Joe Biden have commented on this possibility.
There is no doubt that Joe Biden's opinion on cryptocurrencies and their derivatives is not clear at all. It may seem that he has no personal opinion, just some observations from his electoral team.
Earlier, President Joe Biden vetoed a congressional resolution aimed at repealing the SEC's Staff Accountability Bulletin 121 (SAB 121).
But also, a recent report reveals that Biden is working to understand “the crypto community and politics going forward.” This move reflects a major shift from his previous position.
#BinanceTournament #AirdropGuide #BTCFOMCWatch
In fact, it is Trump's particularly open stance on the ecosystem that may prompt the current US president to reconsider. Hayden Adams, CEO of Uniswap (UNI), had previously said that the candidate would encourage his team to make this choice:
"Those in the inner circle are now specifically telling the Biden team, 'If you stay silent about this encryption issue and don't know about it, you might lose the election.'"
$BTC $ETH $BNB
In addition, some analysts said that the Democratic candidate's team is seeking to show that "they are not the arch enemy" of the cryptocurrency industry, which is looking for politicians to support it.
However, if this rumor becomes true, it won't be long before we know the outcome. At this time, neither Coinbase, its CEO Brian Armstrong, nor Joe Biden have commented on this possibility.
There is no doubt that Joe Biden's opinion on cryptocurrencies and their derivatives is not clear at all. It may seem that he has no personal opinion, just some observations from his electoral team.
Earlier, President Joe Biden vetoed a congressional resolution aimed at repealing the SEC's Staff Accountability Bulletin 121 (SAB 121).
But also, a recent report reveals that Biden is working to understand “the crypto community and politics going forward.” This move reflects a major shift from his previous position.
PEPE coin performance on a daily basis
$PEPE
PEPE price forecasts explain that there is a possibility, as we said, of forming a new top. But first, we have to monitor the daily level in order to understand a little of what is happening in the short term. Note that in volatile conditions, such as now, it is not wise to look at levels below the daily level since it is not clear that the price movement in the short term will be in any direction.
#pepe⚡
But below we can see that the daily chart suggests that the price correction is about to end. As you can see, there are many support points at the $0.000010 area, which means that a lot of buy orders are formed at this point and may prevent the price from falling below. Or perhaps the price drops a little and then rises again based on the logic of smart money.
This means that it is very possible to go back up and the price will face some resistance at the $0.00001400 point that must be overcome first before forming a new top.
$PEPE
PEPE price forecasts explain that there is a possibility, as we said, of forming a new top. But first, we have to monitor the daily level in order to understand a little of what is happening in the short term. Note that in volatile conditions, such as now, it is not wise to look at levels below the daily level since it is not clear that the price movement in the short term will be in any direction.
#pepe⚡
But below we can see that the daily chart suggests that the price correction is about to end. As you can see, there are many support points at the $0.000010 area, which means that a lot of buy orders are formed at this point and may prevent the price from falling below. Or perhaps the price drops a little and then rises again based on the logic of smart money.
This means that it is very possible to go back up and the price will face some resistance at the $0.00001400 point that must be overcome first before forming a new top.
PEPE coin on the weekly level
$PEPE
If we look at the weekly chart of the currency, we will notice that it underwent a somewhat violent correction at the end of May.
But by looking at the chart, it is clear that this decline is just a price correction in an upward trend.
#pepe⚡ #PEPEATH
This means that the price is supposed to rise again after forming a temporary bottom. Our expectation regarding this is that the bottom will be formed either at the $0.0000100 point or that the bottom has already been formed at the beginning of June.
Therefore, it is very possible that during the summer of 2024, PEPE price expectations will be optimistic. We may see a new peak for the price above the $0.00001600 point during the coming period.
But this depends first on the performance of the crypto market as a whole, especially Bitcoin
$PEPE
If we look at the weekly chart of the currency, we will notice that it underwent a somewhat violent correction at the end of May.
But by looking at the chart, it is clear that this decline is just a price correction in an upward trend.
#pepe⚡ #PEPEATH
This means that the price is supposed to rise again after forming a temporary bottom. Our expectation regarding this is that the bottom will be formed either at the $0.0000100 point or that the bottom has already been formed at the beginning of June.
Therefore, it is very possible that during the summer of 2024, PEPE price expectations will be optimistic. We may see a new peak for the price above the $0.00001600 point during the coming period.
But this depends first on the performance of the crypto market as a whole, especially Bitcoin
Pepe price analysis
$PEPE
The most important thing about any meme is its supportive community. PEPE is considered one of the most famous meme currencies ever due to its nature.
This currency was famous even before it was traded because the PEPE meme is very famous in the crypto world and is widely used on the X platform.
#pepe⚡ #PEPE_EXPERT
Therefore, when a currency representing this meme was launched, the crypto community reacted quickly to it and raised its price like crazy.
Within about a month of the currency's launch in 2023, it reached $1 billion in terms of market value, even exceeded this number, and succeeded in reaching the top 50 currencies in the digital currency market in terms of the magnitude of the project.
Although the currency price underwent a very strong price correction in the second half of 2023, it eventually succeeded in rising again. Below, you can see the coin's performance on the monthly chart since its listing on the Binance platform.
Notice how the coin went through a buying period in which whales were seeking to buy without raising the price. This period lasted about 8 months until the price explosion that occurred in February 2024.
The performance of the currency in absolute terms was very disappointing at the end of 2023 because the entire market was on the rise. But this, of course, was followed by a frenzy that rose upward at a very high rate that raised the price of the currency to the top.
$PEPE
The most important thing about any meme is its supportive community. PEPE is considered one of the most famous meme currencies ever due to its nature.
This currency was famous even before it was traded because the PEPE meme is very famous in the crypto world and is widely used on the X platform.
#pepe⚡ #PEPE_EXPERT
Therefore, when a currency representing this meme was launched, the crypto community reacted quickly to it and raised its price like crazy.
Within about a month of the currency's launch in 2023, it reached $1 billion in terms of market value, even exceeded this number, and succeeded in reaching the top 50 currencies in the digital currency market in terms of the magnitude of the project.
Although the currency price underwent a very strong price correction in the second half of 2023, it eventually succeeded in rising again. Below, you can see the coin's performance on the monthly chart since its listing on the Binance platform.
Notice how the coin went through a buying period in which whales were seeking to buy without raising the price. This period lasted about 8 months until the price explosion that occurred in February 2024.
The performance of the currency in absolute terms was very disappointing at the end of 2023 because the entire market was on the rise. But this, of course, was followed by a frenzy that rose upward at a very high rate that raised the price of the currency to the top.
NOT price forecast on a daily basis
#NOT🔥🔥🔥 #Notcoinnews
If we look at the expectations of the NOT price on the daily basis, we will have a little more data. Notice how the price has fallen over the past few days by 50% and so far we cannot guess whether a bottom has been formed or not.
$NOT
Whoever is currently buying is following the Falling Knives principle, which simply means that he is buying in the hope that the price will rebound.
But the price may fall further and further without stopping, as there are no support areas here to support buyers at this point. Therefore, everyone who is currently buying is just guessing.
We have previously talked about the price performance of currencies when listed on central platforms.
In bull markets, the price usually rises before falling, and since we are theoretically in a bull market now, this may be the story. This means that the price is expected to rise whenever it undergoes a correction.
But also the price may be affected by what is happening in the market in absolute terms.
For example, if Bitcoin and Ethereum start rising like crazy, NOT will undoubtedly rise.
The currency's performance was excellent in the recent period when the price of Bitcoin rose and recovered slightly, and this is a good sign that the currency will perform well in an absolutely bullish climate.
We expect the possibility of the currency once again returning to the top at $0.030, and we also expect that it is possible for the currency to rise above this limit. All project currencies have been put on the market and therefore the inflation rate is 0, which is very good.
It is very possible that the price of the currency will reach $0.10 if the popularity of the currency continues and the popularity of the TON Blockchain also continues.
#NOT🔥🔥🔥 #Notcoinnews
If we look at the expectations of the NOT price on the daily basis, we will have a little more data. Notice how the price has fallen over the past few days by 50% and so far we cannot guess whether a bottom has been formed or not.
$NOT
Whoever is currently buying is following the Falling Knives principle, which simply means that he is buying in the hope that the price will rebound.
But the price may fall further and further without stopping, as there are no support areas here to support buyers at this point. Therefore, everyone who is currently buying is just guessing.
We have previously talked about the price performance of currencies when listed on central platforms.
In bull markets, the price usually rises before falling, and since we are theoretically in a bull market now, this may be the story. This means that the price is expected to rise whenever it undergoes a correction.
But also the price may be affected by what is happening in the market in absolute terms.
For example, if Bitcoin and Ethereum start rising like crazy, NOT will undoubtedly rise.
The currency's performance was excellent in the recent period when the price of Bitcoin rose and recovered slightly, and this is a good sign that the currency will perform well in an absolutely bullish climate.
We expect the possibility of the currency once again returning to the top at $0.030, and we also expect that it is possible for the currency to rise above this limit. All project currencies have been put on the market and therefore the inflation rate is 0, which is very good.
It is very possible that the price of the currency will reach $0.10 if the popularity of the currency continues and the popularity of the TON Blockchain also continues.
$NOT
The price of the currency has increased more than 20-fold since the moment it was listed. The currency has succeeded in crossing the barrier of one billion dollars as a market value for the project, and this is a very huge percentage.
The market value of the project reached about $3 billion, and this exceeds many famous and successful games in the world of blockchain as well.
However, the currency underwent a price correction at the end of May, like other alternative currencies, especially memes. The price fell by about 50% but is still very high.
#NOT🔥🔥🔥
Here, we advise monitoring the price, as it is difficult to determine whether the current time is a good buying point for this currency or not. There is no previous data to determine this.
The best thing we advise here is to monitor the project and see if there is a lot of hype and updates regarding the game and its currency.
If you find that interest is still there, buy at the time of decline, and if you feel that the currency may fall further, you can wait for the $0.010 point at the point of one billion dollars as a market value. This means a decline from the current point of approximately 30%. But it is very possible that the currency bottomed at $0.015
The price of the currency has increased more than 20-fold since the moment it was listed. The currency has succeeded in crossing the barrier of one billion dollars as a market value for the project, and this is a very huge percentage.
The market value of the project reached about $3 billion, and this exceeds many famous and successful games in the world of blockchain as well.
However, the currency underwent a price correction at the end of May, like other alternative currencies, especially memes. The price fell by about 50% but is still very high.
#NOT🔥🔥🔥
Here, we advise monitoring the price, as it is difficult to determine whether the current time is a good buying point for this currency or not. There is no previous data to determine this.
The best thing we advise here is to monitor the project and see if there is a lot of hype and updates regarding the game and its currency.
If you find that interest is still there, buy at the time of decline, and if you feel that the currency may fall further, you can wait for the $0.010 point at the point of one billion dollars as a market value. This means a decline from the current point of approximately 30%. But it is very possible that the currency bottomed at $0.015
Market situation: Cryptocurrency prices decline and $80 billion worth is lost in a matter of hours!
$BTC $ETH $BNB
The prices of cryptocurrencies fell sharply, as the crypto market lost approximately $80 billion in value in a matter of hours.
This decline came as the price of Bitcoin fell to less than $69,000 over the end of the week.
#Binance #TopCoinsJune2024
Bitcoin price decline:
Last week, Bitcoin tried but failed to break the $69,000 mark, causing its value to fall by more than $2,000.
#solana
The currency then stabilized over the weekend at about $67,500.
The start of the week saw a notable rise, as Bitcoin briefly crossed the $70,000 mark on Monday, and continued this rise to reach $72,000 on Friday, marking its highest level in several weeks.
But once again, Bitcoin encountered resistance at the $72,000 level and fell to multi-day lows at $68,500, before settling back above $69,000, reflecting a 2.7% decline on the day.
Bitcoin's market cap has fallen to $1.366 trillion, but its market dominance has risen to 50.8% at the expense of altcoins.
$BTC $ETH $BNB
The prices of cryptocurrencies fell sharply, as the crypto market lost approximately $80 billion in value in a matter of hours.
This decline came as the price of Bitcoin fell to less than $69,000 over the end of the week.
#Binance #TopCoinsJune2024
Bitcoin price decline:
Last week, Bitcoin tried but failed to break the $69,000 mark, causing its value to fall by more than $2,000.
#solana
The currency then stabilized over the weekend at about $67,500.
The start of the week saw a notable rise, as Bitcoin briefly crossed the $70,000 mark on Monday, and continued this rise to reach $72,000 on Friday, marking its highest level in several weeks.
But once again, Bitcoin encountered resistance at the $72,000 level and fell to multi-day lows at $68,500, before settling back above $69,000, reflecting a 2.7% decline on the day.
Bitcoin's market cap has fallen to $1.366 trillion, but its market dominance has risen to 50.8% at the expense of altcoins.
$BTC $NOT
Don't be bait for whales
This correction is still within its natural limits, and the most important support area now is the 67K area, and if it is broken, it will be considered a collapse in the market.
This correction was made to code and liquidate futures contracts.
The only winner is the one who still keeps his currencies or strengthens them when they fall and who has so much patience that it is impossible for him to be bait or an easy prey for the whales. #Notcion #BTC☀
Don't be bait for whales
This correction is still within its natural limits, and the most important support area now is the 67K area, and if it is broken, it will be considered a collapse in the market.
This correction was made to code and liquidate futures contracts.
The only winner is the one who still keeps his currencies or strengthens them when they fall and who has so much patience that it is impossible for him to be bait or an easy prey for the whales. #Notcion #BTC☀
$PEPE
Short-term forecast 2024
Expectations indicate that the price of PEPE may continue to rise, especially if...
The positive movement in the market continued. Estimates range from the price reaching around $0.000012 to $0.000020 by the end of 2024.
#pepecoin🐸 #pepe #pepe⚡
Short-term forecast 2024
Expectations indicate that the price of PEPE may continue to rise, especially if...
The positive movement in the market continued. Estimates range from the price reaching around $0.000012 to $0.000020 by the end of 2024.
#pepecoin🐸 #pepe #pepe⚡
Pepe Coin is designed to be a digital currency used for electronic trading and online transfers. Blockchain technology is used to make transfers secure and available to everyone.
Pepe Tokens gained fame mainly thanks to the community of artists and fans of the cartoon character “Pepe the Frog.”. This character became famous on the Internet and became a popular symbol that is used in many images and memes on social media platforms. #pepecoin🐸 #PEPEإلى #pepe⚡
It is based on blockchain technology and is used as a digital currency for trading in a variety of applications, including digital art, collecting, and trading. Thanks to the popularity of the character Pepe, the coin has gained great popularity among fans of the character and investors in the world of digital currencies.
$PEPE
Pepe Tokens gained fame mainly thanks to the community of artists and fans of the cartoon character “Pepe the Frog.”. This character became famous on the Internet and became a popular symbol that is used in many images and memes on social media platforms. #pepecoin🐸 #PEPEإلى #pepe⚡
It is based on blockchain technology and is used as a digital currency for trading in a variety of applications, including digital art, collecting, and trading. Thanks to the popularity of the character Pepe, the coin has gained great popularity among fans of the character and investors in the world of digital currencies.
$PEPE
Pepe Coin (PEPE)**: Investing in the world of digital currencies
In the volatile world of cryptocurrencies, Pepe stands out as one of the increasingly popular meme coins. With an estimated market capitalization of **US$ 3,948,939,671**¹, it has positioned itself as a major player in the cryptocurrency market.
Pepe is known as a meme coin, or “Memecoin,” based on the cartoon character Pepe the Frog. Launched in mid-April 2023, it is based on internet memes and is often promoted by influencers and key figures in the digital space.
What distinguishes Pepe coin is its use of staking, where investors who store their coins are rewarded instead of selling them quickly, in order to encourage holding the coin and support its stability. A percentage of coins are also burned to balance the total supply with the circulating supply.
However, it should be noted that investing in currencies such as Pepe carries a high level of risk due to their volatile nature and lack of intrinsic value or expectation of financial return. It is always advisable to do adequate research and think carefully before investing in cryptocurrencies, especially those that fall under the category of meme currencies.
---
I hope this post was useful to you
#pepecoin🐸 #pepe⚡ #PEPEإلى
In the volatile world of cryptocurrencies, Pepe stands out as one of the increasingly popular meme coins. With an estimated market capitalization of **US$ 3,948,939,671**¹, it has positioned itself as a major player in the cryptocurrency market.
Pepe is known as a meme coin, or “Memecoin,” based on the cartoon character Pepe the Frog. Launched in mid-April 2023, it is based on internet memes and is often promoted by influencers and key figures in the digital space.
What distinguishes Pepe coin is its use of staking, where investors who store their coins are rewarded instead of selling them quickly, in order to encourage holding the coin and support its stability. A percentage of coins are also burned to balance the total supply with the circulating supply.
However, it should be noted that investing in currencies such as Pepe carries a high level of risk due to their volatile nature and lack of intrinsic value or expectation of financial return. It is always advisable to do adequate research and think carefully before investing in cryptocurrencies, especially those that fall under the category of meme currencies.
---
I hope this post was useful to you
#pepecoin🐸 #pepe⚡ #PEPEإلى
Should we expect Solana to fall between $166 and $1,000 by June?
With $2.19 billion traded over the past 24 hours, Solana (SOL) price fell 0.53% to $172.84. Among all cryptocurrencies, Solana has the fifth-highest market valuation at $77.59 billion, with 448.92 million SOL coins in circulation.
With any luck, Solana (SOL) will be able to maintain its recent gains above $170 and even reach $1,000 by June, according to this price forecast.
Solana price prediction
The pivot point around $171.79 is very important for Solana's price behavior in the near term, as seen on the 4-hours chart. At $176.66, there is immediate opposition; After that, at $183.26 and $188.53, there is more resistance.
Subsequent support levels on the downside are $156.75 and $151.08, with $165.72 acting as an immediate support level. With an RSI of 73, we can see that the market is in the overbought zone
With the 50-day EMA at $155.79, the overall uptrend is well supported
Although the current uptrend has the support of a bullish channel, resistance is starting to show itself around the $175 level. There may be an obstacle to further price advance once the trend line passes through this level
$SOL $BTC $ETH
With $2.19 billion traded over the past 24 hours, Solana (SOL) price fell 0.53% to $172.84. Among all cryptocurrencies, Solana has the fifth-highest market valuation at $77.59 billion, with 448.92 million SOL coins in circulation.
With any luck, Solana (SOL) will be able to maintain its recent gains above $170 and even reach $1,000 by June, according to this price forecast.
Solana price prediction
The pivot point around $171.79 is very important for Solana's price behavior in the near term, as seen on the 4-hours chart. At $176.66, there is immediate opposition; After that, at $183.26 and $188.53, there is more resistance.
Subsequent support levels on the downside are $156.75 and $151.08, with $165.72 acting as an immediate support level. With an RSI of 73, we can see that the market is in the overbought zone
With the 50-day EMA at $155.79, the overall uptrend is well supported
Although the current uptrend has the support of a bullish channel, resistance is starting to show itself around the $175 level. There may be an obstacle to further price advance once the trend line passes through this level
$SOL $BTC $ETH
"Pepe currency" typically refers to a meme-based cryptocurrency called "PepeCoin" or similar tokens inspired by the internet meme character "Pepe the Frog." Here are some key points about PepeCoin and similar meme-based cryptocurrencies: #pepecoin🐸
1. **Origin**: Pepe the Frog is a character from a comic created by Matt Furie, which became an internet meme widely used across social media platforms.
2. **Meme Coins**: Cryptocurrencies like PepeCoin fall into a category known as "meme coins," similar to Dogecoin. These coins often start as jokes or internet memes but can sometimes gain a following and achieve significant market value.
3. **Community and Speculation**: The value of meme coins is heavily influenced by the community and social media hype. Speculative trading based on trends and viral popularity is common.$PEPE
4. Risk and Volatility: Meme coins are known for their high volatility and risk. Their value can fluctuate wildly based on market sentiment and internet trends.
5. Blockchain Technology: Like other cryptocurrencies, PepeCoin operates on blockchain technology, ensuring secure and decentralized transactions.
It's important to approach meme-based cryptocurrencies with caution due to their speculative nature and potential for rapid changes in value.
1. **Origin**: Pepe the Frog is a character from a comic created by Matt Furie, which became an internet meme widely used across social media platforms.
2. **Meme Coins**: Cryptocurrencies like PepeCoin fall into a category known as "meme coins," similar to Dogecoin. These coins often start as jokes or internet memes but can sometimes gain a following and achieve significant market value.
3. **Community and Speculation**: The value of meme coins is heavily influenced by the community and social media hype. Speculative trading based on trends and viral popularity is common.$PEPE
4. Risk and Volatility: Meme coins are known for their high volatility and risk. Their value can fluctuate wildly based on market sentiment and internet trends.
5. Blockchain Technology: Like other cryptocurrencies, PepeCoin operates on blockchain technology, ensuring secure and decentralized transactions.
It's important to approach meme-based cryptocurrencies with caution due to their speculative nature and potential for rapid changes in value.
Short-term forecast 2024
Expectations indicate that the price of PEPE may continue to rise, especially if...
The positive movement in the market continued. Estimates range from the price reaching around $0.000012 to $0.000020 by the end of 2024. #pepecoin🐸
$PEPE
Expectations indicate that the price of PEPE may continue to rise, especially if...
The positive movement in the market continued. Estimates range from the price reaching around $0.000012 to $0.000020 by the end of 2024. #pepecoin🐸
$PEPE