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The recent performance in the crypto market indicates that there’s a mix of feelings among investors, with some concerns lingering.

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On Saturday, September 16, the sentiment in the crypto market appeared mixed as investors exercised caution due to lingering concerns. Most major cryptocurrencies traded relatively flat, with Bitcoin seeing a slight gain from the previous day. The crypto market’s Fear and Greed index remained at 38, indicating that the market was still in a “fear” zone.

Bitcoin’s price declined by 0.21% and was trading at $26,597.09 at the time of writing. Its market cap also dropped by the same percentage to $518,298,589,375. The 24-hour trading volume decreased by 8.87% to $11,573,780,915.

Ethereum’s price increased by 0.39% in the last 24 hours, reaching $1,639.90, but its trading volume declined by 8.38% to $4,385,076,220. Cardano’s price dropped by 0.63% to $0.2525 on September 16, while its trading volume increased by 18.45% to $128,425,908.

Solana’s price saw a slight gain of 0.53% at $19.32, while Binance Coin (BNB) surged by 0.92% to $215.07. XRP’s price was down 0.61% at $0.5006.

In contrast, meme coins showed some resilience despite major cryptocurrencies being in the red. Dogecoin’s price increased by 0.26% to $0.06237, with a trading volume of $163,370,476,979,612, down by 7.22%. Shiba Inu’s price also rose by 1.12% to $0.00000753 from the previous day, while its trading volume decreased by 1.96% to $73.19 million.

The global crypto market’s performance remained stable, suggesting that recent economic data, which came in stronger than expected, may have affected traders’ risk appetite. The global crypto market cap increased by 0.48% to reach $1.06 trillion over the last day, but the total crypto market volume dropped by 1.15% to $26.43 billion at the time of writing.

Today’s Top Cryptocurrencies:

As of the latest update, the price of Pepe coin stands at $0.0000006888, marking a 1.06% increase over the past 24 hours. Its market capitalization has also risen by 1.02% to reach $269.66 million, and its trading volume has increased by 5.93% to $43.02 million. Pepe coin remains of interest to traders, especially in the midst of volatile trading in the global crypto market.

THORChain (RUNE) Surge over 9%

THORChain (RUNE) saw a substantial surge of 9.13% in its price over the past 24 hours, reaching $1.90 at the time of writing. The one-day trading volume for this crypto also increased significantly by 51.19% to $111,774,733. Although there isn’t any specific news driving this recent surge, it appears that investors are showing heightened interest in the crypto, leading to a nearly 20% price increase over the past week.

Aave (AAVE) soars 6.71%

Aave (AAVE) experienced a notable rise of 6.71%. Currently, the price of Aave is $59.91, and its trading volume in the last 24 hours surged by 79.31% to $102,318,738. Aave’s market cap also increased by 9.28% to reach $870,976,452. The project has announced its participation in the ETHGlobal event in New York, scheduled for September 22-24, which might be contributing to the positive sentiment.

Maker (MKR) up about 6%

Maker (MKR) observed a price increase of about 6%, with its price at $1,281.20 at the time of writing on September 16. The trading volume for the past 24 hours also rose by 5.42% to $1,252,678,279. Maker has shared details about a Maker Governance poll awaiting approval for the activation of SparkLend on Gnosis Chain on their X account.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

#Bitcoin #CryptoNews #cryptomarket #PepeCoin #Aave

Pepe Coin (PEPE) has been pumping hard in the last 24 hours.
As per CoinGecko, the cryptocurrency has surged a massive 80% in the last seven days.
At current levels near $0.00000115, PEPE is up more than 90% versus its September lows at $0.0000006.
The token’s pump comes as the broader crypto market rallies on optimism about near-term spot Bitcoin (BTC) Exchange Traded Fund (ETF) approvals.
Pepe also got a helping hand on Tuesday after Pepe Coin’s official X account announced that a new team had arrived to guide the token forward, and they had burnt 6.9 trillion tokens worth around $6 million from the project’s wallet.

The announcement read that uses for the team’s remaining 3.79 trillion tokens, such as for strategic partnerships and marketing opportunities, are currently being explored.
Price Prediction – Where Next for Pepe Coin (PEPE)?
Pepe’s big pump since the start of the week has seen it break convincingly to the north of a downtrend that had been in play going all the way back to July and all of its major moving averages.
That means a near-term test of the summer highs around $0.0000019 remains a strong possibility, particularly as broader market sentiment continues to improve.
That could mean swift near-term gains in the region of 60% for Pepe.

Can Pepe Coin (PEPE) Reach $1 in 2023?
With the broader market pumping, Pepe could be in the early stages of a new bull market.
Could the token ever reach as high as $1?
Well, seeing as there are 4.2 quadrillion tokens (that’s right, 4.2 thousand trillion), a token price of $1 means the market cap would have to reach $4.2 quadrillion for a $1 token price to be achieved.
This is a market cap that is exponentially higher than the market capitalization of the world’s entire real estate, stock and government debt markets, let alone the crypto market.
So its not feasible.
But that doesn’t mean Pepe can’t reclaim the status it held for a short period of time earlier this as being a meme coin worth more than $1 billion.
Crypto Alternatives to Consider
Things are looking good for Pepe Coin (PEPE).
But for those looking for an even better probability of near-term gains, an alternative high-risk, high-reward investment strategy to consider is getting involved in crypto presales.
This is where investors buy the tokens of upstart crypto projects to help fund their development.
These tokens are nearly always sold cheaply, and there is a long history of presales delivering huge exponential gains to early investors.
Many of these projects have fantastic teams behind them and a great vision to deliver a revolutionary crypto application/platform.
If an investor can identify such projects, the risk/reward of their presale investment is very good.
The team at Cryptonews spends a lot of time combing through presale projects to help investors out.
⚠️Disclaimer:
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#PepeCoin #PEPE $PEPE

I'm going to by on PEPE coin

#Binance #BTC #PEPE #PepeCoin