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The recent drop in PEPE's price has sparked speculation about investors capitalizing on their gains. Data indicates that over 92% of PEPE holders are currently in profit, which could be driving selling pressure and influencing the coin's decline. Analysis of exchange inflow and supply metrics suggests a sell-off trend, with top addresses also reducing their holdings. Furthermore, metrics such as Social Volume and Weighted Sentiment indicate a bearish sentiment, suggesting possible future price decreases. $SOL $USDC $ETH

The recent drop in PEPE's price has sparked speculation about investors capitalizing on their gains. Data indicates that over 92% of PEPE holders are currently in profit, which could be driving selling pressure and influencing the coin's decline. Analysis of exchange inflow and supply metrics suggests a sell-off trend, with top addresses also reducing their holdings. Furthermore, metrics such as Social Volume and Weighted Sentiment indicate a bearish sentiment, suggesting possible future price decreases.

$SOL

$USDC

$ETH

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Curious about which cryptocurrencies might hit $1 in 2024? Here are five promising candidates, from newcomers like Pikamoon to well-known coins like Dogecoin. ### Pikamoon ($PIKA) - **Type:** Native token of a Play-to-Earn (P2E) game. - **Highlights:** Attracted over 10,000 players in its beta version. Transparent team backed by a strong development studio. - **Potential:** With a market cap significantly lower than some competitors, it shows high growth potential. ### Book of Meme ($BOME) - **Type:** Meme coin. - **Highlights:** Surged 58,000% after launching on Solana's Raydium DEX and rose another 450% after listing on Binance. - **Status:** Currently in a consolidation phase. ### Additional Contenders 1. **Dogecoin ($DOGE)** - **Type:** Meme coin. - **Highlights:** Widely accepted with strong community support and influential backers like Elon Musk. - **Potential:** Known for large price spikes, it could rise again driven by social media buzz. 2. **Shiba Inu ($SHIB)** - **Type:** Meme coin. - **Highlights:** Has a large community and multiple projects. - **Potential:** Could reach $1 with increased use cases and project support. 3. **VeChain ($VET)** - **Type:** Blockchain-based supply chain management. - **Highlights:** Real-world applications with major partners. - **Potential:** Could see significant price increases as it expands its partnerships. Remember: A lot of hard work goes into providing the best investment articles. Your generous tips empower our mission and help us work even harder to give you the best investment advice. #Memecoins #MemeWatch2024 #EarnFreeCrypto2024 $BTC $ETH $BNB
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