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Tag: PEPE

Pepe Token Acquisition Signals Growing Interest in Meme Coins
Cryptocurrency

Pepe Token Acquisition Signals Growing Interest in Meme Coins

In a move that has captured the attention of the crypto community, a significant acquisition of Pepe (PEPE) tokens has underscored the rising interest in meme coins and the evolving sophistication of traders in the cryptocurrency market. This strategic manoeuvre, orchestrated by a seasoned trader known as "the smart money," has not only showcased meticulous planning but also emphasized the substantial capital infusion into Pepe, poised to catalyze fresh momentum in its price trajectory. Read Also: Cardano (ADA) Market Update: Navigating Downtrend and Exploring Future Predictions Details of the PEPE Token Acquisition A substantial investment totalling 1.26 million USDC was utilized to procure a staggering 142.96 billion PEPE tokens, each acquired at a unit price of $0.000008831. Th...
Breaking Records: PEPE, WIF, POPCAT Lead the Explosive Growth of Meme Coins
Shiba Inu

Breaking Records: PEPE, WIF, POPCAT Lead the Explosive Growth of Meme Coins

The current cryptocurrency market is witnessing remarkable growth of meme coins, with special emphasis on Dogecoin (DOGE) and Shiba Inu (SHIB). Their performance has been noteworthy, and the technical aspects behind their success are worth exploring. Exceptional Performers in the Meme Coin Sector The cryptocurrency market has rebounded after a few days of significant losses, with Bitcoin (BTC) surging to $60,000 and Ethereum (ETH) regaining $3K. However, the meme coin sector has outperformed these leaders, with several assets experiencing double-digit gains. Notable performers include Pepe (PEPE), dogwifhat (WIF), and Bonk Inu (BONK), all of which have spiked by over 10% daily. Popcat (POPCAT) has registered even more impressive gains, with a 25% increase in the past 24 hours, briefly so...
Frog Frenzy: Pepe Coin Rallies with Bullish Signals Abound
Blockchain

Frog Frenzy: Pepe Coin Rallies with Bullish Signals Abound

Pepe the Frog, the internet's favourite meme, is making waves in the cryptocurrency world. Its associated token, PEPE, has seen a recent surge in price and investor interest, sparking speculation about its future trajectory. Here's a breakdown of the key factors driving the hype: Coinbase Listing Fuels PEPE's Rise A major development came with leading cryptocurrency exchange Coinbase launching perpetual futures contracts for PEPE. This expanded support allowed traders outside the US to leverage PEPE, leading to a near 50% price increase following the listing on April 23rd. The initial delay from the planned April 11th launch date, due to technical issues, only amplified the anticipation when it finally happened. Read Also: ShibaSwap Migrates to Shibarium, Ushering in New Era for DeFi ...
Crypto Update: Whale Acquires 211 Billion PEPE Tokens Due to Bitcoin Halving
Blockchain

Crypto Update: Whale Acquires 211 Billion PEPE Tokens Due to Bitcoin Halving

Pepe [PEPE], a token with a frog-themed meme, has recently experienced a significant surge in value. This has attracted the attention of a whale investor who has purchased a staggering 211.6 billion PEPE tokens, which is currently worth $1.6 million. The investor acquired these tokens from Binance [BNB], Gate.io, and Uniswap [UNI] within the last 24 hours. https://twitter.com/spotonchain/status/1782951147021779335   Read Also: Stablecoin Market Surges to $160 Billion, Marking Post-Terra Collapse High The purchase has resulted in an unrealized profit of almost 4%. It is worth noting that this is not an isolated occurrence, as large transactions exceeding $100,000 have become increasingly common since the Bitcoin [BTC] halving. Santiment's data shows a steady increase in...
Pepe Coin Consolidates After Price Dip, Eyes Gains Before Bitcoin Halving
Cryptocurrency

Pepe Coin Consolidates After Price Dip, Eyes Gains Before Bitcoin Halving

Pepe Coin price is currently consolidating after a correction, with its sights set on potential growth before the upcoming Bitcoin halving event. The meme coin sector experienced a significant downturn recently, mirroring a broader correction in the crypto market following Bitcoin's retreat from highs above $70,000 last week. Tokens like PEPE, WIF, and BONK saw their March gains considerably eroded. Read Also: Meme Coins Take Over: Shiba Inu Leads the Charge on Indian Crypto Exchange WazirX Pepe Coin Seeks Support, Eyes Uptrend Despite the bearish outlook, Pepe Coin is attempting a recovery following a 24% drop from its recent peak of $0.000009. The 200-day EMA (Exponential Moving Average) is acting as immediate support, potentially paving the way for a trend reversal. Howev...
Meme Coins Mania Grips Crypto Market: BOME, PEPE, and ALGT Poised for Breakout
Cryptocurrency

Meme Coins Mania Grips Crypto Market: BOME, PEPE, and ALGT Poised for Breakout

The crypto space is witnessing a surge in meme coins, with substantial gains recorded throughout March. This trend began in the Solana ecosystem, where over $150 million was collectively raised by 33 meme coin projects. Due to these massive breakouts, meme coins are expected to be major players in 2024. Three meme coin projects have emerged as potential frontrunners: Book of Meme (BOME), Pepe (PEPE), and Algotech (ALGT). All three are anticipated to see significant growth due to rising market interest and strong community engagement. BOME Takes the Lead with Meteoric Rise Book of Meme (BOME) is a new Solana-based meme coin experiencing unprecedented growth. After a successful presale, BOME launched in March, capturing investor attention with a record-breaking $4 billion surge in volum...
Binance Flexible Loan Announces Closure of PEPE Loan Positions, Urges Users to Repay to Avoid Liquidation
Crypto Exchanges

Binance Flexible Loan Announces Closure of PEPE Loan Positions, Urges Users to Repay to Avoid Liquidation

Binance, one of the leading cryptocurrency exchanges, has made an important announcement regarding its Flexible Loan service. On June 21, 2023, at 08:00 (UTC), Binance Flexible Loan will be closing all outstanding PEPE loan positions. As a result, users are strongly advised to repay their PEPE loans before the specified deadline to avoid potential liquidation. In cases where liquidation occurs, a 2% liquidation fee will be applied, as per Binance's policy. Binance Explains The Reason for The Closure Of PEPE The decision to close outstanding PEPE loan positions comes as part of Binance's ongoing evaluation and adjustment of its loan offerings. Binance Flexible Loan has been a popular service among users, enabling them to borrow funds against their cryptocurrency holdings and maintain flex...