$BTC BTC, TON, SHIB Make Dramatic Price U-Turn, What Happened?

There was a dramatic resurgence on the market earlier today; however, a bearish twist is engulfing some of the most promising altcoins at the moment. After trading higher and uplifting many traders’ sentiment earlier in the day, Bitcoin's (BTC) price has made a bearish U-Turn and is now trading down 1.56% in 24 hours to $61,760.25.

Shiba Inu (SHIB) was not spared from the market uncertainty, slipping by 2% to $0.00002362 after jumping as high as 6% earlier in the day. One intriguing similarity between these three assets is their strong community of backers. Though other altcoins like Binance Coin (BNB), Cardano (ADA) and Avalanche (AVAX) are on the rampage at the moment, the swift transition underscores how sensitive BTC, TON and SHIB are to trends on the market. As Bitcoin is the dominant coin of the three, the growth trends it is likely to exhibit in the short term have what it takes to trigger a corresponding recovery. Amid the sudden price slip, market experts believe conditions are primed for Bitcoin to chart ambitious new uptrends.
$SHIB

$AR Arweave Chart Analysis

Arweave (AR) has been gradually rising over the last few days, indicating strong demand from the bulls. The rising 20-day EMA at $36 and RSI above 61 indicate that bulls have the advantage. The AR/USDT pair could reach a critical resistance level at $47.51. If bulls push the price above this resistance, the pair could accelerate towards $52 and then $68

If the pair retreats and breaks below the moving averages, this positive outlook could become invalid in the near term, potentially pulling the pair down to $26.50

$PEPE Pepe Chart Analysis

Pepe has been recovering steadily over the last few days, indicating that purchases at lower levels continue. The price movement has formed an inverse head-and-shoulders pattern, which will be completed with a breakout above $0.0000092. If buyers keep the price above the neckline, the PEPE/USDT pair may continue its upward trend. The formation target of the bullish setup is $0.0000145.

$PEPE Pepe Pumps 8% And Millionaire Trader Thinks Will Become 'So Nutty Soon' That His $1M Investment Will Outperform All Others

Crypto trader highlights the potential of zero leverage spot trading in PEPE to outperform all his open leveraged positions.With a negative correlation to Bitcoin, 88% of Pepe holders currently remain in profit.

Pepe PEPE/USD-7.80%+ Free Alerts is up 58% month-over-month, leading a trader to believe spot positions will outperform all his leverage positions.
What Happened: Crypto trader Crashius Clay, best known for making millions with BRETT, shared a humorous observation about the potential of trading PEPE with zero leverage, hinting an upcoming market frenzy and the importance of discipline in buying during quiet periods.
Clay, who claims to hold a more than $1 million in PEPE, suggests that the market is on the verge of becoming "so nutty soon."  The trader’s tweet also highlights the potential of a 100% spot PEPE portfolio to outperform 99% of the market during this cycle.
In response to one crypto trader who is curious why Pepe has not flipped Shiba Inu SHIB/USD-3.72%+ Free Alerts, Clay said "it will very soon."
While Crypto Twitter is buzzing about Pepe's potential, one crypto trader, ZeroToTom predicts $50 billion in market capitalization as “inevitable” for the meme coin. Currently, it is valued at $3.7 billion. Another trader focused on Pepe, Plazma, tweeted, "I think after 895/920 PEPE will start getting some god candles to ATH and we might not even get too much resistance there."
Price Action: In the past 24 hours, Pepe is up 8.1% to $0.000009387, taking its monthly gains to 58%.

$PEPE Pepe Doge Will Rally 7,600% After Solana Launch, Looks to Challenge Shiba Inu and Dogecoin

The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.

Early investors in SHIB and DOGE made astronomical returns, and Pepe Doge presents a similar opportunity.
Pepe Doge has market cap below $15,000 at the moment, meaning that when it just reaches a modest market cap of $200,000-$500,000, early investors would generate returns of 2,000%-5,000% in a matter of days or hours.
The exciting memecoin is poised to rally 7,600% in the coming two days, and Pepe Doge could potentially reach a multi-million dollar market cap within a few weeks.
$DOGE

$PEPE Crypto Whales Buy $5.56 Million in PEPE Amidst the Market Dip

Crypto whales buy $5.56 million in PEPE as market dips.A single investor withdrew $2.93 million in PEPE from Binance.Analysis predict PEPE could surge 51% based on chart patterns.

Major crypto whales have capitalized on the current market downturn. They have acquired substantial amounts of the meme coin Pepe (PEPE), with transactions totaling approximately $5.56 million.

Is Pepe Poised to Surge 51%?
Spot On Chain, an on-chain analysis platform, detailed that a prominent crypto whale, identified by the wallet address 0xa14, has been particularly active.
This investor withdrew 350.2 billion PEPE, valued at $2.93 million, from the crypto exchange Binance. This transaction marks the investor’s fourth in an ongoing series, bringing their total estimated profit from this trade to $1.63 million, a 15% increase.

$PEPE Pepe Investors Shift to New Bitcoin Project, Targeting 976% Gains Within Months

As the Pepe Coin (PEPE) price pushes up and eyes a rally back to March highs beyond $0.000010, investors are shifting to an exciting new Bitcoin project as they target potential gains of as much as 976% within months.
Pepe rallied 9% on Thursday and, last at $0.0000086, is eyeing a retest of recent highs above $0.000009.
The cryptocurrency has been trading bullishly since bouncing at its 100DMA in mid-April.
The meme coin then proceeded to break above a downtrend in late-April and has been trending higher ever since.

And as the cryptocurrency rallies, its investors will be taking profits and looking for new high-potential investment opportunities.
One crypto that has the team at Cryptonews very excited is a new Bitcoin project called 99Bitcoins.

$PEPE PEPE price analysis reveals 30% gains incoming despite this key finding

PEPE had bullish momentum and price structure on the chartsOn-chain metrics continued to flash a buy signal too
PEPE has been performing well on the charts, even as the rest of the market fought to defend support levels or sank into a short-term downtrend. In fact, since hitting its lows on 1 May, the altcoin has bounced by 35% at press time.
Its network growth has also hiked, implying greater usage and demand for the memecoin. The metrics AMBCrypto analyzed underlined accumulation and reduced sell pressure over the past week.

Is the PEPE buy signal still on?

The 30-day MVRV ratio fell below zero in mid-April while the mean coin age metric trended aggressively higher. This was when PEPE hit the low at $0.0000048. Since then, the altcoin’s price has rallied by 65%, with the MVRV ratio slightly positive too.

At press time, the mean coin age had not lost its uptrend yet. Comparing the 30-day MVRV with how it went in late February, it seems that the memecoin could post large gains soon, provided Bitcoin does not nosedive below key support levels.
Apart from the buy signal going strong, the dormant circulation did not see notable spikes in recent weeks. It had one on 4 April, and another smaller one on 1 May. This suggested reduced token movement between addresses, which likely outlines reduced selling pressure.

$SHIB Shiba Inu (SHIB) price has increased today.

The price of Shiba Inu (SHIB) is $0.00002304 today with a 24-hour trading volume of $367,578,878.49. This represents a 1.28% price increase in the last 24 hours and a -0.04% price decline in the past 7 days. With a circulating supply of 590 Trillion SHIB, Shiba Inu is valued at a market cap of $13,538,564,866.

$SHIB Shiba Inu's Shibarium Skyrockets 65% in Key Indicator of Network Activity

Shibarium, layer-2 blockchain platform of Shiba Inu ecosystem, experienced remarkable 65% surge in network activity within 24 hours

Layer-2 blockchain Shibarium from the Shiba Inu ecosystem has experienced a significant increase in activity on its network over the past 24 hours. Thus, according to data from Shibariumscan, the number of active accounts in Shiba Inu's network increased from 1,034 to 1,706 overnight, an increase of almost 65%. The number of new accounts, however, increased by only four, which means that the increase in activity was mainly due to old accounts, not new ones. Against this background, transactions per day on the Shibarium network increased from 6,791 to 8,091.

$DOGE Dogecoin (DOGE) price has declined today.

The price of Dogecoin (DOGE) is $0.1489 today with a 24-hour trading volume of $1,102,158,487.37. This represents a 0.41% price decline in the last 24 hours and a 13.74% price increase in the past 7 days. With a circulating supply of 140 Billion DOGE, Dogecoin is valued at a market cap of $21,336,451,633

$DOGE Wells Notice Wallop: Robinhood Bleeds 164 Million Dogecoin In Mass Exodus

The Shiba Inu’s reign as king of memecoins may be facing a ruff patch. Dogecoin (DOGE) prices dipped this week after news broke of the US Securities and Exchange Commission (SEC) issuing a Wells Notice to Robinhood, a popular crypto exchange.
The notice, a precursor to potential enforcement action, alleges Robinhood violated multiple securities laws. This sent shockwaves through the crypto community, with many investors, particularly those holding large amounts of DOGE (often nicknamed “whales”), pulling their funds out of Robinhood

$PEPE Pepe Price: Whale Bags 357B PEPE Signaling Further Gains AheadA fresh whale was noted to be accumulating a staggering 357 billion PEPE from Binance today, fueling optimism as PEPE's price already traded with an upswing.

Pepe Coin has once again emerged on the radar of crypto market investors as whale data surfacing within the market illustrated a massive accumulation despite the token’s continued upward momentum. In a post shared on X by the on-chain analytics platform Lookonchain, it was brought to attention that a staggering 357 billion PEPE was accumulated from Binance, one of the world’s leading cryptocurrency exchanges, amid a nearly 3% price upswing noted by the frog-themed meme token in the past 24 hours.
Coming in tandem with roughly 16% weekly gains for PEPE, this accumulation has further fueled a flurry of market optimism surrounding a potential sustained rising price action for the meme coin in the long run. Here’s a deeper dive into the accumulation and PEPE’s current market statistics.

$PEPE Pepe Coin surges 20% this week, sparking interest as a leading memecoin

Pepe coin rises 20%, gaining traction as analysts predict further gains, while Dogeverse raises $13 million in its presale, highlighting its potential.
The memecoin showdown intensifies, and Pepe is vying for frontrunner status as it pumps 20% this week. Will its rally continue, and is it the best memecoin to buy now?

Pepe price shows relative strength, analysts forecast gains 
Pepe’s recent run shows no signs of slowing down, and analysts are rallying in support. The frog-themed meme coin continues to gather pace today despite a broader market slump. It is up 6.2%, while the total crypto market cap is down by 0.8%.
Pepe is currently trading at $0.000008422. This represents a 24% premium this week and a 9% premium this month. It holds a $3.5 billion market cap and a $755 million 24-hour trading volume, up 25% today.

$SHIB $DOGE Andrew Tate Coin (ANDTATE) to Explode 14,000% Ahead of MEXC Listing, as Shiba Inu, Bonk and Dogecoin Lag
Early investors could make returns similar to those who invested in Shiba Inu (SHIB), Dogecoin (DOGE) and Bonk (BONK) before these memecoins went viral and exploded in price

Early investors in memecoins like Shiba Inu (SHIB), Bonk (BONK), and Dogecoin (DOGE) made astronomical returns, and Andrew Tate Coin (ANDTATE) presents a similar opportunity for a limited time.
Andrew Tate Coin (ANDTATE), a newly launched Solana memecoin, is poised to explode over 14,000% in a matter of days, as former Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) investors pour funds into this new token.

$SHIB Will Shiba Inu (SHIB) Lead The Memecoin Bull Run?

Shiba Inu (SHIB) has built momentum this week following an increase in burn rates and whale transactions amid other factors.

Shiba Inu (SHIB) is igniting bullish interest in the cryptocurrency market following a wave of positive on-chain factors spurring price growth. At press time, SHIB trades at 0.0000227, an 8% increase this week despite facing slight short-term corrections. 
The uphill rally in SHIB and memecoins has been tipped by multiple traders on social media spaces as ushering in the next market bull phase. Shiba Inu’s market capitalization stands over $13.4 billion with daily trading volumes almost at $400 million. 

$PEPE Why PEPE Price is Dropping

The days ago, the crypto community was caught offguard by large token withdrawals from Binance, amounting to almost 1.3 trillion PEPE tokens, according to Etherscan. The unknown origins and use of secure wallets have caused suspicion and led to theories about market manipulation or regulatory concerns. These withdrawals happened at the same time as a sudden increase in prices, causing more uncertainty for investors. Moreover, a significant amount of funds being added to a Binance wallet, suggesting the participation of institutions, has further complicated the market dynamics of PEPE.

Will Pepe Price Recover in May?

Based on the technical analysis of PEPE, short-term and long-term moving averages are both indicating a positive trend with a “Buy” signal. The EMA and SMA for different time frames are all indicating a positive outlook. This shows that the recent price changes have been positive.

$PEPE Will PEPE Price Recover In May 2024 ?

Pepe Coin (PEPE) has recently made waves due to its fluctuating value. In the midst of a slight crash in the global cryptocurrency market, PEPE has dropped by approximately 4% in the past day after experiencing a 30% increase in price in the last week. There are questions about whether the meme coin weather the storm and make a turnaround. Let’s examine the factors impacting PEPE’s current path and investigate the possibilities of its recovery in May 2024.

$PEPE Pepe Coin Price Analysis As Trading Volume Plunges 20% To $742M, Is 2024 Bull Run Over?

Pepe Coin Price Analysis: The PEPE price breakout from the inverted head and shoulder pattern signals a notable change in market dynamic from selling on rallies to buying on dips. However, will the recovery be sustained from the recent selling spree from whales?

The Pepe price breakout from the neckline resistance of Inverted H&S signals an end-of-correction trend.The trend-defining 100 and 200-day EMA indicates the broader trend is actively bullish.The 24-hour trading volume in the Pepe coin is $763.5 Million, indicating a 19% loss.

Whale Selling Sparks Concerns for Pepe Coin’s Bullish Momentum

$SOL The cluster of liquidity could cause short-term volatility

The liquidation levels data from Hyblock showed AMBCrypto that the $160.4 level was an area of interest. It is very likely to attract SOL prices

Once reached, the forced market buy orders could momentarily sweep SOL higher than $160.
This could cause volatility before the prices fall back within the range. Alternatively, a move above the $165-$170 region would be a sign that the bulls were dominant.
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.