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PEPE Coin Price Surges 26%: Meme Coin Market Reaches $56 Billion, DOGE & PEPE Lead
The post PEPE Coin Price Surges 26%: Meme Coin Market Reaches $56 Billion, DOGE & PEPE Lead appeared on BitcoinEthereumNews.com. TLDR: PEPE coin price surged 16-26% following Arthur Hayes’ endorsement Meme coin market cap reached $56 billion, up 19% Technical indicators suggest further gains for PEPE, with potential 90% upside Dogecoin showing bullish pattern, could reach $0.20 Increased whale activity and large transactions for major meme coins The meme coin market is an upswing, with popular tokens like PEPE and Dogecoin (DOGE) leading the charge. This surge has caught the attention of investors and traders alike, as the total market capitalization of meme coins reaches an impressive $56 billion. PEPE coin, in particular, has seen a remarkable increase in value, with its price jumping by 16-26% over the past week. This surge comes on the heels of an endorsement from Arthur Hayes, a prominent figure in the cryptocurrency world. Hayes recently promoted several meme cryptocurrencies, including PEPE, which has helped to drive investor interest and boost the coin’s value. Arthur Hayes(@CryptoHayes) is calling for #MEMEcoins $MOTHER, $MOG and $PEPE! On-chain data shows that he withdrew 24.39B $PEPE($252.68K) from #Binance 20 minutes ago. Address:0x6cd66dbdfe289ab83d7311b668ada83a12447e21 pic.twitter.com/MC9ZPF2Eg4 — Lookonchain (@lookonchain) September 27, 2024 The surge in PEPE’s price has been accompanied by strong technical indicators, suggesting that there may be more room for growth. The Relative Strength Index (RSI) for PEPE currently sits at 73.82, indicating that the asset is in overbought territory but still has potential for further gains. Some analysts are even predicting a possible 90% upside for PEPE if it can break through key resistance levels. PEPE Price at Coingecko Dogecoin, another popular meme coin, is also showing signs of a bullish trend. Technical analysts have identified a falling wedge pattern in DOGE’s price chart, which often signals a potential upward breakout. Some predictions suggest that DOGE could reach $0.20 if this bullish momentum continues. DOGE Price at Coingecko The…
The post PEPE Coin Price Surges 26%: Meme Coin Market Reaches $56 Billion, DOGE & PEPE Lead appeared on BitcoinEthereumNews.com.
TLDR: PEPE coin price surged 16-26% following Arthur Hayes’ endorsement Meme coin market cap reached $56 billion, up 19% Technical indicators suggest further gains for PEPE, with potential 90% upside Dogecoin showing bullish pattern, could reach $0.20 Increased whale activity and large transactions for major meme coins The meme coin market is an upswing, with popular tokens like PEPE and Dogecoin (DOGE) leading the charge. This surge has caught the attention of investors and traders alike, as the total market capitalization of meme coins reaches an impressive $56 billion. PEPE coin, in particular, has seen a remarkable increase in value, with its price jumping by 16-26% over the past week. This surge comes on the heels of an endorsement from Arthur Hayes, a prominent figure in the cryptocurrency world. Hayes recently promoted several meme cryptocurrencies, including PEPE, which has helped to drive investor interest and boost the coin’s value. Arthur Hayes(@CryptoHayes) is calling for #MEMEcoins $MOTHER, $MOG and $PEPE! On-chain data shows that he withdrew 24.39B $PEPE($252.68K) from #Binance 20 minutes ago. Address:0x6cd66dbdfe289ab83d7311b668ada83a12447e21 pic.twitter.com/MC9ZPF2Eg4 — Lookonchain (@lookonchain) September 27, 2024 The surge in PEPE’s price has been accompanied by strong technical indicators, suggesting that there may be more room for growth. The Relative Strength Index (RSI) for PEPE currently sits at 73.82, indicating that the asset is in overbought territory but still has potential for further gains. Some analysts are even predicting a possible 90% upside for PEPE if it can break through key resistance levels. PEPE Price at Coingecko Dogecoin, another popular meme coin, is also showing signs of a bullish trend. Technical analysts have identified a falling wedge pattern in DOGE’s price chart, which often signals a potential upward breakout. Some predictions suggest that DOGE could reach $0.20 if this bullish momentum continues. DOGE Price at Coingecko The…
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