The market capitalization of this meme-inspired digital asset currently stands at $631 million. In contrast to the more widely recognized #memecoins cryptocurrencies , Shiba Inu, Pepe’s trading volume surpassed expectations.

Amidst a significant surge in the value of Bitcoin (BTC) and various alternative cryptocurrencies, #PEPE is emerging as the frontrunner within its specific market segment.

As of the time of writing, #PEPECOIN has experienced a spike of 38.29%, outpacing its counterparts in terms of growth rate.

Before the recent resurgence that swept across the entire cryptocurrency industry, PEPECOIN had faced disillusionment from traders who deemed it a digital currency that had lost momentum. On June 22, the cryptocurrency was trading at a spot price of $0.000001425, a level driven by the substantial growth in trading volume observed over the past 24 hours.

CoinMarketCap data reveals a staggering $687 million market capitalization of PEPE tokens, reflecting a 253% surge within the 24-hour timeframe.

Dogecoin fell behind Pepe’s performance with a 24-hour trading volume of $189.2 million and a market capitalization of $9.3 billion. Similarly, #ShibaInu trailed behind Pepe with a 24-hour trading volume of $103 million and a market cap of $4.6 billion.

This development underlines the dynamic nature of meme cryptocurrencies, where Pepe’s recent surge signifies its growing prominence within the market.

Pepe’s remarkable ascent coincides with a week of gains across the cryptocurrency market as a whole. Bitcoin (BTC) and #Ethereum (ETH), the two most valuable cryptocurrencies by market capitalization, had price rises of 14.2% and 8.8%, respectively, in the previous week. Bitcoin boasts a 24-hour trading volume of $11.9 billion, while Ethereum’s volume is $6.8 billion.

Amidst this backdrop, Pepe’s rise further emphasizes the enduring popularity and unpredictable price movements inherent in meme cryptocurrencies.

Post By: CryptosHeadlines.com

PEPE Coin, despite an 85% drop from its all-time high, shows signs of a potential double bottom reversal. The positive movement hints at a potential bull cycle, driven by Bitcoin’s rise. As October progresses, the ongoing uptrend suggests that PEPE Coin may aim for the $0.0000008960 level.Meme coins like PEPE are gaining attention in the ever-changing crypto scene. PEPE’s price had plummeted by 85% from its peak at $0.0000043, but it’s showing signs of a possible double bottom reversal. This shift is supported by a strong bounce from a support trendline, locking in its position around $0.0000006028.
Recently, PEPE experienced a 3.35% growth overnight, boosting hopes for a potential bull cycle. This optimism is fueled by Bitcoin’s recent uptick, which is uplifting the sentiment for altcoins, including PEPE. Currently, the coin is trading at $0.000000647, showing slight progress in a single day.
If October continues to be favorable, meme coins like PEPE might see more positive price changes. The momentum is building, and it seems like PEPE’s path is aiming for the desired level of $0.0000008960.
Certainly, the crypto world remains uncertain, but the current indicators suggest a promising future for PEPE in the crypto space. As the industry expands, PEPE could establish itself as an intriguing asset for both new and experienced investors.

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.
#CryptoMarket #Bitcoin #CryptoNews #PEPECOIN #PEPE

#PEPECOIN

✅ Memecoins Taking Over: $PEPE Nearing $1 Billion Market Cap and $SPONGE Eyeing 100x Gains

✳️ Like the 2021 crypto boom, meme coins are back with a bang. However, this time popular names like Dogecoin and Shiba Inu are missing, as investors are piling in on newly launched parody coins $PEPE and $SPONGE.

#eth2.0 #askbinancesensei #BTC #crypto2023

PEPE Price Continues to Rise.

Could PEPE be Preparing for a New High?

Targets Awaiting PEPE Investors!

The Ethereum Community Continues to Strongly Support PEPE Coin. Is a 2-Zero Drop Possible for PEPE? PEPE Volume Continues to Rise! Current PEPE Analysis!

PEPE Gave Coinotag Readers 90% Profit!

As the Coinotag analyst team, we started the upward movement from the support range we mentioned in our previous PEPE coin analysis and provided our readers with a 90% profit.

Our shared PEPE analysis started the upward movement by turning back from the support range we mentioned and then rose to the target level of 0.0000020$.

Medium-Term PEPE Price Analysis: Will the Rise Start Again?

8 Hour PEPE Price Chart 

When we examine the current price chart of PEPE, it is seen that it continues its horizontal movement in an important intermediate zone.

PEPE will want to continue the upward trend as long as it continues to have daily candlestick closures above the support level of 0.000001533$ mentioned in the price analysis.

PEPE will have a first target of 0.000002159$ level as long as it stays above the 0.000001533$ level. If the PEPE price makes a weekly or daily candlestick closure above the resistance zone of 0.000002159$, the next upward target will be the level of 0.00000245$.

If PEPE makes a weekly candlestick closure above the resistance zone of 0.0000029$ and supports that zone, its next target will be the levels of 0.0000060$.

PEPE Volume Continues to Rise! What Does This Mean?

When we examine the volume of PEPE after its price chart, it is seen that it has been increasing for days.

PEPE 24 Hour Volume 

When we examine the above data, PEPE is in third place in the ecosystem after Bitcoin and Ethereum, which have the highest transaction volume in the ecosystem.

PEPE’s entry into this ranking means that there is an increase in interest from investors and an increase in transaction numbers.

Short-Term PEPE Price Analysis

4 Hour PEPE Price Chart

When we examine the current price chart of PEPE, it can start the upward movement from this zone as long as it accepts the support level of 0.000001638$ as its support.

If the #PEPE price makes 4-hour candlestick closures below the support range mentioned above, it can continue the downward movement down to the level of 0.000001533$.

If PEPE makes a 4-hour candlestick closure below this support, its downward target will be the levels of 0.000001457$.

#PEPECOIN #nfa #dyor