đ Pepe Price Prediction: Can PEPE Jump 100% to $0.00002 Soon? đ°
Current Status: PEPE is currently trading at $0.00000996, facing some bearish pressure with a 3.03% drop. Despite this, bullish indicators suggest a potential trend reversal could happen soon, especially with strong support at $0.000001.
Market Performance: The market cap stands at $4.23 billion, but trading volume has decreased over 41%. However, bullish sentiment remains strong at 86%. The Fear-Greed Index has risen to 60, indicating a shift from neutral to greedy sentiments among traders. đ
Technical Analysis: PEPE has shown strength over the past few weeks, trading above the 200-day Moving Average. This suggests that a potential upswing may be on the horizon, as buying pressure accumulates to counteract selling.
Price Prediction: Given PEPE's strength since the beginning of the year, itâs poised to reclaim previous highs. The price may initially rise above $0.000012 and could potentially reach around $0.000014 soon. đ
Future Outlook: With growing interest in dog- and cat-themed cryptocurrencies, and a slight easing of selling pressure, PEPE is expected to embark on a strong upward trend and could set new highs. đ
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The Pandora cryptocurrency token, issued on the basis of a new standard, soared hundreds of times in value in just a few days after the start of trading on exchanges.
According to crypto aggregators CoinMarketCap and CoinGecko, Pandora (PANDORA) tokens started trading on 4 February, when its price was around $600. However, within the first week of its launch, the rate exceeded $32 000 per token, which is more than 50 times its initial value.
So far, the token is traded on a limited number of exchanges. At the same time, CoinMarketCap notes that the token's market capitalisation has not yet been confirmed.
Pandora is the first token issued on the new ERC-404 standard, which is a mixed implementation of ERC-20/ERC-721. This means that when you buy the coin, an NFT will also automatically appear on your wallet.
The total supply of the crypto asset is limited to only 10,000 coins, and the number of holders is less than 1,500. Since the experimental standard has not yet been tested, some crypto developers point to security risks.
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