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

Easy come – easy go. This week saw PEPE crash and burn, losing over 70% since its all-time high. The rest of the market is also bleeding out.

The past seven days saw the cryptocurrency market lose close to $100 billion off its total capitalization, which currently sits at $1.150B. It’s not been very fun for market participants as the majority of coins are trading well in the red. Once again, the hottest story of the week might as well be PEPE, but not for the same reasons as last week. Let’s dive in.

First things first, Bitcoin’s price crashed by roughly 9% through the past week and is currently trading at around $26,500. There’s no sugarcoating it – it’s been down-only, and buyers failed to catch a break. The bears were relentless and rejected the price at the single attempt at $30K this time last week, and it’s been an avalanche afterward.

The price dipped below $29K last Saturday and was unable to recover above that level. By Monday evening, it was already trading at close to $27K. The CPI announcement on Wednesday provided some hope, as BTC pumped above $28K, but it was shortlived as the correction was almost immediate. Since then, the cryptocurrency continued spiraling downward and is found where it currently trades at around $26,500.

Looking at the altcoins, it doesn’t get much better, as most of them are trading well in the red. ETH, BNB, XRP, ADA, DOGE, SOL, MATIC, DOT – all of them are charting considerable losses.

But all of the above fade in comparison to PEPE. The memecoin that reigned over the market in the past few weeks seems to have finally found some sort of a top and has crashed by 60% on the weekly and by more than 70% since its ATH.

And while it’s interesting to see whether PEPE will stage a recovery, the odds aren’t looking very good at the moment.

All in all, the market sentiment has definitely shifted throughout the past few weeks, and the optimism is fading. It’s interesting to see if this is just a temporary correction or if a deeper winter is once again in the making, albeit in the summer. Sell in May and go away? Will the popular saying keep true?

#Binance #BTC #crypto2023 #pepe #pepecoin

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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

Pepe Coin leads the meme coin rally, reaching $1.1 billion in market capitalization, driven by speculation and social media.Significant “PEPE Whales” transactions highlight the growing interest in Pepe Coin, generating substantial gains and increasing its market value.
PEPE Coin has surprised the cryptocurrency market this year, experiencing 140% growth in one week. This increase has captured the attention of amateurs and revived interest in memecoin, particularly those born from social networks.

With a year that got off to a quiet start as we previously reported on ETHNews, Pepe Coin is now positioned at the forefront in the memecoin sector. With a market cap that reached $1.3 billion, there are expectations that it could again reach its high of $1.8 billion.

This rise is largely due to speculation and intense activity on platforms such as Twitter, where its active community and the possibilities it offers as an investment stand out. The visibility on networks has increased its popularity and, therefore, its value in the market.
Influence of Large Portfolios in PEPE
Recent activities within the PEPE ecosystem have been decisive. Significant transactions by six prominent portfolios resulted in the sale of nearly 2 billion PEPE tokens, with considerable gains. This activity reflects the growing interest and positive dynamics around it during its current uptrend.
With the increase in the value of Pepe Coin, this phenomenon is part of an optimistic environment that encompasses the cryptocurrency market in general. Both Bitcoin and Ethereum have recorded notable rises, providing a favorable environment for Pepe Coin and other digital currencies.
Beyond Pepe Coin
Interest in meme cryptocurrencies transcends Pepe Coin. Floki Inu and Dogecoin, as we have discussed elsewhere on ETHNews, have also experienced rallies recently, with Floki Inu reaching price highs since May and Dogecoin breaking key resistance barriers .
Shiba Inu is another currency that has seen a rebound by breaking through important resistance levels and holding above key technical indicators according to our reports in ETHNews, suggesting possible appreciation in its value.
What does the daily chart tell us?

RSI: The RSI is near 90, which is well above the traditional overbought threshold of 70. This could suggest that the asset is being overbought and could be setting up for a price correction or reversal.
MACD: The MACD shows that the MACD line has crossed above the signal line and both are rising, which is a bullish sign. However, such a sudden spike can also lead to a correction if the move is not supported by solid fundamentals.
⚠️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