While demand for Pepe was low, the price action noted a potential consolidation phase for the popular memecoin.
While some speculators may be quick to rule out Pepe after a poor weekly performance, this could be a major “buy-the-dip” opportunity in disguise. The post PEPE Just Collapsed 25% in 5 Days – Should You Sell Now or Buy the Dip? appeared first on Cryptonews.
Recent events point to Shiba Inu (SHIB) and Pepe Coin (PEPE) leading the front stage in the subsequent significant rise. Strong technical indications, committed communities, and market momentum suggest they might beat DOGE in percentage gains during the forthcoming bullish cycle. Shiba Inu (SHIB) shows strong technical and fundamental growth Currently trading at almost $0.
The crypto market crawled back slightly on April 1 as investors bought the dip after a brutal quarter in which Bitcoin and Ethereum dropped by 12% and 45%, respectively.
Sei Foundation revealed its plans to acquire 23andMe on a mission to protect the genetic data of millions of US users. 23andMe raised concerns across the US after announcing its bankruptcy.
A big player in the world of Pepe coin has cashed out a large chunk of their holdings, causing the price of the meme coin to wobble. This investor, who got in early on Pepe, sold off 150 billion tokens on a crypto exchange, Binance.
While bears dominated the crypto market on Monday, large-scale players seemed to surrender. Analytics platform Lookonchain highlighted a key transaction involving the meme token Pepe. Details show a crypto whale offloaded around 438 billion PEPE coins, worth approximately $3.01 million, incurring $434,000 in losses.
Pepe Token's key support zones shattered after this massive whale got rid of 438B tokens all at once.
The price of third biggest meme coin Pepe ($PEPE) is trending downwards as the asset takes an 8% hit in 7 days to trade at $0.000007034 as of this writing. However, in the last 24 hours, the meme coin has retained its value better than most of its peers among the best meme coins.The $24.
PEPE price action dropped toward the 0.5 Fib level forcing whales to sell while others managed risk.
A notable crypto investor, identified by the address 0x507, initiated a long position on PEPE with 10x leverage on the decentralized exchange Hyperliquid on March 24.
A whale dumped 438 billion PEPE tokens worth $3.03 million at a $434,000 loss in the last hour, making Pepe one of the most volatile meme coins on the market in the bearish zone. This massive sell-off has caused market tremors and could be a watershed in the token's near-term future.
A savvy crypto investor made a profit of 10 million dollars after investing only 2,000 dollars in the memecoin PEPE. His position reached a peak value of 43 million dollars before he decided to secure his gains.
Pepe whales have turned to selling with one whale offloading 150 billion tokens worth $1.14 million.
A savvy cryptocurrency trader reportedly turned $2,000 into more than $43 million by investing in the memecoin Pepe at its peak valuation, despite the token's extreme volatility and lack of underlying technical value.The trader made an over 4,700-fold return on investment on the popular frog-themed Pepe (PEPE) cryptocurrency, according to blockchain intelligence platform Lookonchain. “This OG spent only $2,184 to buy 1.5T $PEPE($43M at the peak) in the early stage.
On a leveraged long position, a prominent Pepe trader is experiencing an unrealized loss of an astounding $3.36 million. The trader used Hyperliquid to go all in on PEPE with a 10x cross-margin leverage.
A crypto whale's high-stakes, 10x leveraged PEPE position on Hyperliquid faces mounting risk. The whale's leveraged PEPE bet remains precarious, risking liquidation amid market instability.
The negative sentiment in the digital currency ecosystem is finally reflected in the Pepe Coin market. According to Lookonchain's update, one of the memecoin's whales has initiated a massive selloff.
During the ongoing bearish market sentiment, Pepe (PEPE), the world's third-largest meme coin, has lost its key support and is poised for a massive price drop.
Is PEPE about to go to zero in just 5 days? The chart is flashing warning signs and things aren't looking good.
Cryptocurrencies edged lower on Saturday after a hotter-than-expected inflation rate spooked investors. Bitcoin fell to $83,000 while most altcoins hit their weekly lows.
Deep pockets, big appetite. A major player in the cryptocurrency world has moved a lot of Pepe coins.
Pepe coin price has crashed and erased over $6.7 billion in value in the past few months. It has crashed from a record high of $0.00002827 in December last year, to $0.0000080.
Sei Blockchain, the layer-1 chain in a significant bet towards the developing concept of decentralised science, has announced the acquisition of 23andMe after the latter filed for the Chapter-11 Bankruptcy. The California-based genetic testing and biotech company, 23andMe, has been offering DNA testing via saliva samples for millions of Americans since 2007.
TL;DR Sei Foundation is considering acquiring 23andMe after its bankruptcy filing, aiming to protect the genetic data of millions of users using blockchain technology. The proposal empowers individuals by giving them full control over how their genetic information is stored, shared, and monetized.
The Sei Foundation, the nonprofit behind the Sei (SEI) layer-1 blockchain, is considering acquiring bankrupt personal genomics giant 23andMe. The goal? To bring the genetic data of 15 million users onto blockchain rails, ensuring privacy, ownership, and control in what its calling its boldest DeSci bet yet.
The Sei Foundation is exploring the acquisition of 23andMe, a bankrupt genetic testing company, with plans to bring its data infrastructure onto the Sei blockchain. In a statement released on March 27, the Foundation revealed that the acquisition would mark a significant step toward protecting genetic data through on-chain solutions.
Sei Foundation revealed plans to acquire genetic testing firm 23andMe, which filed for bankruptcy early this week. The potential deal aims to revolutionise genetic data security and privacy using blockchain, guaranteeing user authority over sensitive details. The company said: We believe user data sovereignty is a matter of national security.
After 23andMe declared bankruptcy in the United States on March 23, 2024, the Sei Foundation, linked to the Sei blockchain network, announced its intention to consider acquiring the genetic testing company. The goal would be to protect the privacy of the genetic data of about 15 million users, offering them ownership and direct control of the information through secure and encrypted blockchain tools. The project, announced in a post published on March 27 on the official X account of the Sei network, aims to address an issue of growing importance: the security of bio-genetic data in the digital age, especially in contexts of financial instability like the current one of the American biotech company.
Sei Foundation considers acquiring bankrupt genomics firm 23andMe, saying it wants to protect the genetic privacy of 15m Americans by securing their data on blockchain. The post Sei Foundation Eyes 23andMe Buyout to Secure Genetic Data On Blockchain appeared first on Cryptonews.
The foundation behind the layer-1 blockchain, Sei, announced it was exploring the acquisition of the genetic testing company 23andMe after the firm filed for bankruptcy.In a March 27 X post, the Sei network said its foundation was considering purchasing 23andMe “to defend the genetic privacy of 15 million Americans” by putting the company's data on the blockchain. According to the foundation, if it acquires the biotechnology company, it plans to deploy all the genetic information on the blockchain and “return data ownership to users through encrypted, confidential transfers.
23andMe, the genetic testing company that went public in 2021, announced on March 23 that it was filing for Chapter 11 bankruptcy.
If the acquisition proceeds, the foundation plans to integrate 23andMe's data onto its blockchain and give users ownership of their genetic data.
Pepe (PEPE) has recovered in the past week from the significant downturn the token experienced this month, booking gains of 13.5% during this period.Trading volumes today have gone up by 1% and currently stand at $780 million, accounting for nearly 22% of the token's circulating market cap.
Assessing odds of PEPE sustained recovery amid whale frenzy.
Renowned for his systematic, value-oriented investing style, famed investor Warren Buffett has famously avoided cryptocurrencies. He regularly disparages digital assets for their lack of intrinsic value, dubbed Bitcoin “rat poison squared”.
Pepe cryptocurrency has risen 11% with technical indicators suggesting further gains if it maintains support above the $0.0000080 level.
A Pepe Coin whale stirred up the crypto market this Thursday, primarily by acquiring a whopping 500 million frog-themed tokens. On-chain data indicated that the whale created a new wallet to hog tokens from Binance.
Pepe, the third-largest memecoin, has finally turned bullish after a breakout from a key resistance level.
Cryptocurrencies are swimming in a sea of red following a wave of market corrections across top assets. A glance at the charts reveals that crypto price today exhibits dour sentiments with BTC, ETH, SOL, and XRP in bleed mode.
The crypto market continued doing well on Thursday as demand from retail investors rose. Many of these investors are simply buying the dip after these coins crashed by double digits from their highest levels in November last year.
PEPE meme coin has seen one of its major movements during the last few months. The token has surged more than 16% in the past week and is presently hovering at $0.00000915 after breaking through the 50-day Exponential Moving Average.
Bull momentum for blue-chip meme coins swiftly reignited as U.S. gaming giant GameStop adds Bitcoin to their treasury.
Memecoins such as DOGE, SHIB, and PEPE are outperforming Bitcoin this week, following US President Donald Trump's latest supportive statements. Trump Support Drives Memecoin Sector Valuation Above $62 Billion Memecoins have made a positive start to the week, as investors reacted to Bitcoin price stagnation and fresh bullish statements from US President Donald Trump.
From frog memes to political branding, meme coins have taken on many forms—some with jaw-dropping returns, others with equally steep drops. Pepe Coin captured headlines with its explosive launch and wild profits, while Official Trump Coin leveraged the power of a public figure to grab billions in market cap overnight.
PEPE is on the move again! After months of going down, the popular meme coin is showing signs of a big comeback.
PEPE price has risen by more than 17% in the last week and peers like DOGE, SHIB, BONK and Floki have also registered double-digit growth.
Pepe coin's price has bounced back this month as investors bought the dip and futures open interest surged. Pepe (PEPE), a viral meme coin, jumped to a high of $0.