In the chart below, you can see the analysis and price movement prediction I shared about PEPE on May 5th. My belief in memecoins surpasses that of all other projects. Memecoins are the most crucial way for the cryptocurrency sector to reach new users. Therefore, if there is a significant upward movement in the cryptocurrency market, it will start with memecoins.

Next Target for PEPE
The chart below shows the current price movement of Pepe (PEPE). The analysis I conducted on May 5th is working almost flawlessly. As I mentioned on May 5th, the new target is 0.000014 USDT.

Pepe has demonstrated with its recent surge that it will be one of the most significant projects in the bull run. It continues to show older meme coins like Doge and Shiba who the new king is.
#pepe #pepecoin #memecoin #memeseason #memebull
$PEPE $DOGE $SHIB

In an unexpected twist on August 24th, 2023, the PEPE cryptocurrency community faced a significant upheaval. This turn of events involved a series of unforeseen transactions originating from the PEPE multisig CEX Wallet. Approximately 16 Trillion PEPE tokens, valued at around $15 million USD, were transferred to various cryptocurrency exchanges, including OKX, Binance, Kucoin, and Bybit. This sudden move coincided with changes in the multisig wallet's signer count requirements, now demanding only 2 out of 8 wallets for transaction validation. Presently, the multisig holds 10 Trillion tokens, with a sole remaining signer.

Unexpected Transactions and Community Concerns

The unexpected transactions caused a wave of concerns within the PEPE community. The individual responsible for these actions took to Twitter to explain the situation and ensure transparency. The move was reportedly a response to internal conflicts that had plagued the PEPE project for an extended period. The author of the explanation alleged that negative behavior driven by egos and greed among team members had led to a fractured team.

Origin of Internal Strife

According to the explanation, internal conflicts had plagued the PEPE token since its inception. Shortly after the project's launch, a faction of the team, including key creators, distanced themselves, obstructing progress by withholding necessary signatures for transactions and being unreachable for extended periods. The multisig wallet, initially requiring 3 out of 4 signers for approval, became a focal point of contention.

Unauthorized Return

Surprisingly, three former team members who had been inactive for some time managed to regain unauthorized access to the multisig. In a shocking turn of events, they orchestrated the transfer of 16 Trillion tokens, equivalent to 60% of the total supply, to various exchanges for sale. Subsequently, they removed themselves from the multisig and disassociated from the PEPE project, leaving behind a message indicating a change in control.

Regret and Apology

The author expressed shock and remorse over the situation, apologizing to the PEPE community for the resulting fear, uncertainty, and financial losses. The original intent of the tokens stored in the CEX wallet was allegedly not for market sale, and the author regretted not being able to prevent this outcome.

Recovery and Future Plans

Efforts were immediately initiated to regain control of the situation and chart a new course for the PEPE project. The author emphasized having the best interests of the community and the PEPE token at heart. Plans were being discussed with prominent community members to steer the project towards decentralization and resilience.

Handling the aftermath

The sold tokens were rapidly offloaded on exchanges like OKX and Binance. The remaining 10 trillion tokens were set to be relocated to a new wallet, where they would be held until they could be used or burned. The author intended to acquire relevant web domains and usernames associated with PEPE and, upon completing these transactions, proceed with the burning of the remaining tokens.

In Summary

Ultimately, the goal was to restore stability to the PEPE project and foster its growth as a decentralized and resilient meme-coin asset. The author concluded by stressing the importance of unity and shared ownership within the PEPE community. As the project aimed to move past the recent turmoil, it sought to emerge stronger and more united than before.

#pepe #pepecoin #memecoin $PEPE

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The cryptocurrency market remained in a negative trend, but Pepe coin saw a rally. Meanwhile, many other alternative cryptocurrencies experienced a decline in momentum.

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On Saturday, September 23, the cryptocurrency market remained in a negative state as investors held back. Recent market performance indicated a shift in trader sentiment, with a noticeable decline in momentum. The crypto market’s fear and greed index stood at 39, indicating a prevailing sense of “fear.”At the time of writing, Bitcoin was priced at $26,543.14, marking a 0.35% decrease over the past 24 hours. Its trading volume also dropped by 25.71% to $10.2 billion.
The week had been generally positive for the leading cryptocurrency, especially after it rebounded from its recent low at $25,000. However, it struggled to maintain its upward momentum due to the volatile nature of the broader market.
On Saturday, September 23, Solana’s price dipped by 1.30% to reach $19.44, and its daily trading volume fell by 38.51% to $160.12 million. Similarly, Binance Coin (BNB) was trading at $210.55, reflecting a 0.53% decline in the last 24 hours, with a volume decrease of 30.34% to $266.38 million.
Ethereum’s price, the second-largest cryptocurrency, fell below $1,600 with a 0.7% decrease from the previous day. As for meme coins, Dogecoin’s price remained stable at $0.0616, while Shiba Inu’s price increased by 0.97% to $0.000007373.
Most altcoins followed Bitcoin’s downward trend, experiencing small daily losses. The overall global crypto market cap dropped by 0.33% in the last 24 hours, reaching $1.05 trillion at the time of writing, with a 91.07% decrease in 24-hour trading volume, which stood at $21.67 billion.
Today’s Top 4 Cryptocurrencies:
Pepe Coin (PEPE) Jumps 11%
1. Pepe Coin: On Saturday, Pepe coin was trading at $0.0000006845, marking an impressive 11.43% increase from the previous day. Its daily trading volume also saw a significant surge, rising by 377.58% to reach $152.74 million. This rally appears to be linked to recent gains in the overall cryptocurrency market after a week of downward movement.
2. Theta Network (THETA): Theta Network’s price increased by 9.02%, reaching $0.6475 at the time of writing. However, its daily trading volume decreased by 16.47% to $77.87 million. Notably, Theta Labs secured a U.S. Patent for its computing platform during the week, announced on September 21.
3. Immutable (IMX): Immutable’s price declined by 8.23% to $0.6112 on September 23, with a one-day trading volume drop of 63.79% to $117.42 million. Despite significant gains earlier in the week, it appears to have lost momentum over the weekend, with a nearly 17% increase over the last seven days.4. MultiversX (EGLD): MultiversX saw its price slip by 2.72% to $25.04 at the time of writing on Saturday. Over the past 24 hours, its trading volume also decreased by 44.73% to $13.99 million, and its market cap fell by 2.71% to $650.86 million. Although no specific news explains this recent decline, it appears to be influenced by the broader market sentiment.
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 #Pepe #pepecoin #Solana

A popular crypto analyst is optimistic that Bitcoin (BTC) and other crypto assets could resume an upward trajectory if the US banking crisis worsens.

“We do have a few narratives that are actually bullish… in particular the banking narrative where we have a bunch of smaller banks, but also quite a few big ones in America, struggling.

And that’s the use case for Bitcoin in a nutshell…

Bitcoin is the poster child for any of that. So it should technically do well when banks do not. It’s as simple as that…

If banks eat shit in a way where the entire world and the company economy doesn’t collapse, you’re going to do well in crypto most likely.”

According to the pseudonymous crypto analyst, Bitcoin would be trading lower from the current levels were it not for the US banking crisis.

“That’s the narrative that is kind of making the bearish play harder. Because I think if we didn’t have that narrative, we would have been at $26,000 – $27,000 already.”

Bitcoin is trading at $29,086 at time of writing.

DonAlt says that he’s currently out of the market but would turn bullish again if Bitcoin climbs above a key resistance area.

“If we go back above $30,000… Especially so quickly after we tested it the first time, there’s a chance that we’re going to break it and then we might have some quick moves. And I’ll be more than happy to be bullish at that point again.

But right now I’m more than happy to be out of the market.”

#Binance #BTC #crypto2023 #BullRun #pepecoin

The intriguing journey of Pepe coin has sparked curiosity within the cryptocurrency community. Given its notable achievements thus far and the robust community supporting it, prospects of a rebound from the upcoming support level seem promising.

Delving into its performance using the Fibonacci Retracement tool, a potential price surge to $0.0000031728 is on the horizon should the coin experience the anticipated bounce. Pepe enthusiasts and investors may find encouragement in the idea that the coin could potentially recapture its previous peak of $0.0000043, reaching this milestone by the close of 2023.

This projection encapsulates the coin's potential to rise again, driven by the inherent dynamics of its market trajectory and the fervor of its community. As we observe Pepe coin's journey unfold, it becomes apparent that its value resurgence is not solely a reflection of market trends, but also a testament to the power of collective enthusiasm.

In a realm where digital assets can fluctuate unpredictably, Pepe coin's potential to regain its lost ground presents a captivating narrative of resurgence and revival.

$PEPE $BTC

#pepe #pepecoin #crypto2023 #BTC