Pepe Coin, a popular meme-based cryptocurrency, has bounced back strongly, breaking through key resistance levels. As Bitcoin gears up for its “Uptober” rally, meme coins like Pepe are gaining traction. This has sparked growing interest from big investors (whales).
Pepe (PEPE) has seen a significant price increase following a recent market rebound. The altcoin has surged sharply, reflecting the broader positive trends in the cryptocurrency market.
PEPE could be on the verge of the long-anticipated breakout as bullish momentum builds.
There is a growing shift in the meme coin ecosystem, with new entrants like NEIRO competing with old guards like Dogecoin (DOGE) and Shiba Inu (SHIB). Current liquidation data hints at where most investors' bets are, underscoring why a major flip is likely soon.
Amid the ongoing price reversal across the cryptocurrency market, whales shifted their focus to the First Neiro On Ethereum (NEIRO). On October 7, 2024, blockchain transactions tracker Spotonchain made a post on X (previously Twitter) highlighting that NEIRO's largest holder made a big move as he purchased over 1.466 billion of NEIRO tokens worth $1.
TL;DR Aptos (APT) will unlock $99.30 million worth of tokens this week, part of a broader trend with over $451 million in token releases scheduled between October 8 and October 14, 2024. This unlock represents 2.25% of Aptos' circulating supply, with other notable unlocks including Optimism (OP), TAIKO, XAI, and Cardano (ADA), varying from 0.
PEPE price has faced a challenging week, experiencing a 24% correction that caused the meme coin to fall short of breaching the key resistance at $0.00001146. Despite this setback, increased activity from PEPE whales could be the catalyst needed to turn things around.
Among the altcoins, $SUI and $APT put on two impressive runs over the last several days that took them both to gains of at least 10% for the week. Can these positive gains be maintained going forward?
According to data from TokenUnlocks, over $451 million worth of tokens are scheduled for release between October 8 and October 14, 2024, with Aptos (APT) leading the pack. Aptos (APT) is poised to release the largest amount of tokens in terms of value.
Bitcoin's recovery above $62,000 is having a positive impact on altcoins, boosting prospects of a rally in APT, WIF, FTM and BGB.
Three cryptocurrencies will unlock nearly $150 million worth of tokens, potentially flooding the market with increased supply pressure. Speculations on the outcome of such massive inflation could bring uncertainty and increase the risks of trading these tokens.
PEPE's recent price action is raising concerns among traders, as bullish momentum appears to be fading. After attempting to rebound, the token faced strong resistance at the $0.00000963 mark, signaling a potential shift in market sentiment.
The popular memecoin could see an uptrend soon after weeks of bad news.
Pepe Coin (PEPE) price, a cryptocurrency meme token linked to Ethereum, recently witnessed a significant uptick in its value, coinciding with a broader crypto market surge. Over the last week, while Pepe saw some market corrections mirroring general cryptocurrency movements, the latest rebound suggests a bullish outlook for October.
With the altcoins market, excluding Bitcoin and Ethereum, crashing under $600M, bearish clouds turn darker over crypto. Amid such conditions, a fresh recovery day with BTC hitting $62k shows a relief jump in altcoins. Further, despite the global tensions heating up, these altcoins are teasing a bounce back next week.
APT has posted a significant rally in recent days, boosting trader confidence.
Despite Bitcoin's shaky start to October, APT, POPCAT, and SUI led the weekly gainers list.
The estimates predict significant increases: what do the experts say about the future of the tokens?
Bitcoin (BTC) has maintained its position above the critical $60,000 support level, even as many altcoins face significant downward pressure. Bitcoin's resurgence has propelled its market dominance to levels not seen in nearly three years, highlighting a clear divide in performance between Bitcoin and the broader cryptocurrency market.
Aptos' explosive network growth and rising social dominance could fuel a major price surge.
Aptos (APT) has seen an impressive 8.8% increase in its value over the past 24 hours. This surge comes despite prevailing market fears and volatility, highlighting Aptos' resilience as it holds above crucial support levels.
Despite registering a 43% price increase in the last 30 days, Aptos (APT) price could be gearing up for another phase of explosive growth. This is largely due to the incredible surge in volume within the last few days.
The PEPE price could be in trouble from here after failing to maintain its upward momentum. This has led to a restart of the bearish momentum, and this could continue if bulls fail to pull up the price.
Hold onto the edge of your seats. Bitcoin's chop is battling 60k, and the FUD is ripping through the meme coin vertical, with major volatility in top meme coins, including BONK, PEPE, and Floki – let's take a look.
Despite Hayes' sale, exchange inflow data shows that other traders are unwilling to sell PEPE.
Render joined Aptos as a top performer, gaining 6.3%.
With billions wiped off the crypto market over the past few days, decoupling from the general trend is setting Aptos (APT) apart. Today, Aptos is the most profitable of the top 50 digital currencies by market cap after soaring by 12.5% in the past 24 hours.
Aptos (APT) soared over 10% in the last 24 hours following Aptos Labs' acquisition of HashPallete. The token is leading the market after becoming the largest gainer among the top 100 cryptocurrencies by market capitalization.
AAVE, APT, and BEAM are the top performers from the largest 100 alts today.
Aptos price looks promising after the asset broke out of an extended consolidation zone. APT price today is 1.1% up, trading at $8.28, while the entire crypto market is down 5% due to Bitcoin price sliding below the $60,000 mark late on October 3.
Aptos (APT) has shown resilience during the recent market downturn by outperforming Solana (SOL) in terms of price appreciation. Aptos has shown decent resilience in recent market conditions.
Despite the fearful market sentiment of the past few days, the price did not fall below $7.57.
Bitcoin held above the $60,000 key support level, while Ethereum's ETH fell to near its weakest level against BTC since mid-September.
Pepe (PEPE) price, an Ethereum-based meme coin, is facing significant challenges as its price experiences a sharp decline. Investor concerns are growing as the sentiment around the token shifts markedly amidst broader market adjustments.
Bitmex co-founder Arthur Hayes realized a five-figure loss on several meme coins only a few days after predicting more meme coin upside. What Happened: Analytics platform Spot On Chain shows a $47,000 loss from his investments in Pepe (CRYPTO: PEPE) and Mog Coin (CRYPTO: MOG).
Aptos (APT), a core native cryptocurrency of the eponymous layer-1 blockchain, demonstrates impressive performance as the market declines. The upsurge of APT might be catalyzed by the decision of asset management giant Franklin Templeton to include the blockchain in one of its products.
Popular meme coin Pepe (PEPE) is under significant pressure, primarily driven by the profit-taking activity of its long-term holders (LTHs). It currently trades at $0.0000090, witnessing an 18% price decline over the past four days.
Aptos's APT coin has experienced a resurgence in buying activity following Franklin Templeton's announcement of the expansion of its tokenized US Treasuries fund — the Franklin OnChain US Government Money Fund (FOBXX) — on the Layer-1 (L1) blockchain.
Arthur Hayes, the founder of BitMEX, recently updated his portfolio strategy, saying he would pivot to meme coins, among other sectors.
Cryptocurrency Prices: Today, the cryptocurrency market fell by 2.12%, reaching a total market capitalization of $2.11 trillion. This fall coincides with escalating geopolitical tensions between Israel, Iran, and Lebanon as well as NATO member states' involvement, which has caused a wider worldwide market collapse that has affected the cryptocurrency industry.
The cryptocurrency markets continued to drop for the second day in a row, with major cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), firmly entrenched in the red. BTC slumped to a low of $60,031 before recovering and is currently trading around the $61,300 mark.
TL;DR Aptos Labs Acquires HashPalette: Aptos Labs has expanded into the Asian market by acquiring Japanese NFT service provider HashPalette Inc., aiming to integrate Japanese businesses into its blockchain ecosystem.
Arthur Hayes took a $47K hit after dropping $500K on PEPE and MOG. Hayes deposited 24.39 billion PEPE and 167.5 billion MOG back to Binance and Bybit.
XRP (XRP) shed double digits as Bitcoin struggled near $61k, with crypto a sea of red heading into the US trading session. This comes as investors react to geopolitical events in the Middle East and news of US Securities and Exchange Commission (SEC)'s move to appeal a court ruling in the Ripple case.
Layer-1 blockchain Aptos Labs has announced its acquisition of HashPalette, the developer behind Japan's leading blockchain, Palette Chain, in a move to strengthen its foothold in the Japanese cryptocurrency market. The announcement added that all applications on Palette Chain would migrate to the APT platform by early 2025.
Aptos Labs has taken a step towards transforming Japan's Web3 landscape by announcing its acquisition of HashPalette Inc., a key developer of the Palette blockchain. This move marks a significant expansion for Aptos Labs into the Japanese market.
The acquisition provides software developers in Japan with an exciting opportunity to explore Aptos' advanced resources and toolkits.