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PEPE Coin, a popular meme cryptocurrency, has seen a significant 70% decline from its all-time high (ATH) value. Over the past seven days, PEPE coin dropped by more than 13%, and statistics show a 2% decrease in the last 14 days. About 30 days ago on May 5, 2023, PEPE coin reached its ATH at USD 0.00000431 per unit. Since then, it has lost over 70% of its value, with a recent 4.1% drop. Despite the decline, PEPE still holds the third-largest market capitalization among meme coins, currently valued at USD 530 million. As of now, PEPE ranks 84th among 10,085 listed cryptocurrencies on Coingecko. In the last 24 hours, PEPE's global trading volume was approximately USD 57.25 million. In contrast, other meme cryptocurrencies like dogecoin (DOGE) and shiba inu (SHIB) have performed better in the past week. #dyor #memeseason

PEPE Coin, a popular meme cryptocurrency, has seen a significant 70% decline from its all-time high (ATH) value. Over the past seven days, PEPE coin dropped by more than 13%, and statistics show a 2% decrease in the last 14 days.

About 30 days ago on May 5, 2023, PEPE coin reached its ATH at USD 0.00000431 per unit. Since then, it has lost over 70% of its value, with a recent 4.1% drop.

Despite the decline, PEPE still holds the third-largest market capitalization among meme coins, currently valued at USD 530 million. As of now, PEPE ranks 84th among 10,085 listed cryptocurrencies on Coingecko. In the last 24 hours, PEPE's global trading volume was approximately USD 57.25 million.

In contrast, other meme cryptocurrencies like dogecoin (DOGE) and shiba inu (SHIB) have performed better in the past week.

#dyor #memeseason

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Dogecoin Spikes Over 10%, Driven by Network Activity and Market Recovery! The renowned memecoin, Dogecoin (DOGE), has recently witnessed a significant surge in both price and network activity, with its value jumping over 10%. This surge is attributed to a combination of factors, including: Network Activity on the Rise: The Dogecoin network recorded a spike of 28,000 new addresses in a single day, marking a 102% increase from the monthly low. This surge in new user participation signifies a growing interest in Dogecoin. Price-Activity Correlation: In line with the network activity surge, DOGE's price soared by 13% within 24 hours. This demonstrates a positive correlation between user engagement and Dogecoin's value. Crypto Market Recovery: DOGE's rise coincides with a broader recovery in the cryptocurrency asset market. Weaker-than-expected US jobs data triggered an investor adjustment of expectations regarding monetary tightening, boosting sentiment towards riskier assets like crypto. Active Wallet Growth: On-chain data analysis reveals a 27% increase in the number of non-zero Dogecoin wallets over the past six months, reaching 6.6 million. This indicates sustained investment and interest in Dogecoin, supporting price stability and potential future growth. Conclusion: DOGE's recent price surge is driven by a combination of increased network activity, crypto market recovery, and active wallet growth. These factors suggest continued optimism towards Dogecoin and its potential as a valuable investment in the crypto space. #DogecoinPotential #DOGENEWS #CryptoWatchMay2024
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