PEPE and WIF: The rise is fierce, hold or transfer?

Listen up! Stop asking whether to continue holding PEPE or transfer first! Hold on, hold on tightly, it will definitely rise, do you understand! Recently, the prices of PEPE and WIF have been soaring, you can see it! Memecoins are leading this bull market.

Since the beginning of the year, PEPE has risen by 1166%, and WIF has reached an astonishing 2200%, making PEPE a star among meme cryptocurrencies. The price of PEPE has risen by about 120% in the past 30 days, setting a record high! However, despite the sharp rise in memecoin prices and open positions, the funding rate of cryptocurrency exchanges is still negative.

This funding rate refers to the cost of holding a perpetual swap or futures contract position relative to the spot price of the asset. A positive rate is bullish and a negative rate is bearish. If the bulls cannot break through the Fibonacci resistance level of 1.1618, the price may pull back and may even fall to $0.00001300 or even lower to $0.00001000.

The key levels are here: resistance is $0.00002000 to $0.00002600, and support is $0.00001300 to $0.00001000. The market sentiment is bullish now. If you hold a contract, manage your position appropriately. If the current position is not large, then continue to hold it to protect your capital!

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