As it approaches the $70,000 price level, Bitcoin is exhibiting strong signs of recovery more than it has in months. With its momentum suggesting more upside potential, Bitcoin's recent price action has seen it break through multiple significant resistance levels.

PEPE moving above the 50DMA was another sign that the long-term momentum is shifting bullishly.

Arthur Hayes, co-founder and former CEO of the cryptocurrency trading platform BitMEX, has recently made headlines with significant investments in the memecoin sector, particularly through his notable purchase of Pepe (PEPE). Hayes' optimism towards memecoins, expressed in a recent social media post on X (formerly Twitter), has coincided with a significant surge in PEPE's value, reflecting a broader resurgence in interest within the crypto market.

Shiba Inu and Dogecoin lead an explosive crypto market rally, sparking renewed investor interest in memecoins and major cryptocurrencies.

Here is how some of your favorite assets concluded the week.

Meme coin PEPE has been on an impressive rally for some time now. Stemming from a broader influx of funds into the meme coin sector and the overall cryptocurrency market that has been in motion for the past two weeks, PEPE is currently up by 38% in the last seven days, outperforming its meme coin counterparts with larger market caps.

Frog-themed meme coin Pepe (PEPE) price has increased by 40% in the last seven days. This jump is in tune with the broader market relief.

As October approaches, Shiba Inu (SHIB), the popular meme-inspired cryptocurrency, may be on the verge of an epic price spike, and the SHIB community is abuzz with excitement.

Shiba Inu (SHIB) has seen its burn rate skyrocket by 5,094% over a positive week for the dog-themed cryptocurrency.

An analyst who earned the “Master Trader” rank on the crypto exchange Bybit believes that one frog-themed memecoin will leave most digital assets in the dust.

Shiba Inu has recently gone through an extremely strong rebound particularly when examined using IntoTheBlock's In/Out of the Money indicator. With the help of this metric, investors can determine how many tokens are currently profitable at any given price point, providing important context for understanding the mood of the market.

Shiba Inu, one of the biggest meme coins, has ended up among the worst-performing tokens over the past 24 hours after losing more than 3%, according to CoinGecko data.

Popular analyst Rekt Capital believes that the next few months could be life-changing as the market is breaking out of a long downtrend. If this breakout is confirmed, we could see the altcoin market shoot up and try to hit the $780 billion mark.

The cryptocurrency space is arguably the most volatile with value, as it is evident that the prices of coins are sometimes known to change out of the blue. Shiba Inu (SHIB) and Dogecoin (DOGE) are some of the tokens that have been five years in the market and they both have good and bad moments.

The crypto universe draws another week to a close with attention-nabbing developments unfolding across the industry. Former Binance CEO CZ (Changpeng Zhao) was released from prison, whereas Bitcoin (BTC) and altcoins maintained a bullish stance over the past seven days.

PEPE is approaching a pivotal moment as it tests the $0.00001152 level, a critical junction that could shape its next direction. A breakout above this key resistance may spark renewed bullish momentum, driving the price higher.

In contrast to the investor's fear, September has turned out to be very bullish, especially for the Shiba Inu, as it has surged to a three-month high. It happened after the crypto market began to rise following the Fed 50 bps interest rate cut.

Doggy-themed meme coin, Shiba Inu (SHIB), could be gearing up for a major rally to new all-time highs this bull cycle. Given the cryptocurrency's recent bullish performance, analysts predict that Shiba Inu can surge above its all-time high of $0.000086.

Crypto veteran Peter Brant has become bullish on Dogecoin (DOGE). At the same time, Shiba Inu (SHIB), the second-largest meme coin's outlook is also bullish.

Shibarium has emerged as one of the major beneficiaries of SHIB's latest uptrend.

Shiba Inu has been shining this week. The second-largest meme coin emerged as the top gainer in a roundup of the top 10 crypto assets, with an impressive 36% gain over the past week.

Shiba Inu (SHIB) traded subdued on Thursday amid a quiet broader crypto market. However, despite a notable decline from its March peak of around $0.000045, SHIB has demonstrated resilience.

5 newly-launched memecoins skyrocketted towards billion-dollar valuation since the US Fed rate cut on Sept 18. Will they challenge SHIB and DOGE in Q4 2024?

In the past week, meme coins have been on a roll, with shiba inu (SHIB) leading the top five pack, gaining 35.5% against the U.S. dollar over seven days. However, the real standout was MOODENG, the meme token inspired by a baby pygmy hippopotamus from Thailand.

Shiba Inu, Pepe, and Dogwifhat led the top weekly market gainers as the total meme coin market cap rose 25%, surpassing $55 billion. Leading the weekly gainers, Shiba Inu (SHIB) surged 39% to $0.

Yes, Shiba Inu (SHIB) can drop a zero from its price in 2024, provided it can rally more than 400% from the current level of $0.0000199. However, can SHIB rally 400% in 2024?

PEPE surged 33% in the last seven days, and the meme coin might climb even higher—up to 18%. The frog-themed cryptocurrency could be heading back to its highs from June 2024

Lucie, Shiba Inu's marketing lead, has shared a crucial development in the Layer-2 blockchain Shibarium. The marketing lead highlighted that the ecosystem had recorded a significant achievement as its total value locked (TVL) hit an all-time high (ATH).

Shiba Inu (SHIB) has seen a massive surge in trading activity this week, with its trading volume in the last 24 hours hitting an impressive $1.46 billion, equivalent to 74 trillion SHIB, according to data from CoinMarketCap.

Memecoin supercycle seems far from over after the recent altcoin surge.

Dog-themed cryptocurrency Shiba Inu surpassed the $0.00002 price point for the first time since mid-June during Friday's trading session, reaching highs of $0.00002169. Bulls attempted to extend Shiba Inu's four-day surge in Saturday's trading session with price reaching highs of $0.00002146.

A well-known crypto expert, Unipcs aka the Bonk Guy, in a recent X post noted that Shiba Inu has just hit a 3-month high. He speculates that meme-based tokens, like Shiba Inu, will insanely surge in the coming weeks. Shiba Inu's price pumped to a three-month high yesterday.

As Bitcoin broke the $65,000 barrier, altcoins like SHIB, W, and SEI rallied, fuelled by bullish market sentiment.

The pseudonymous social media marketing lead of the SHIB team known to the community as Lucie has boasted another milestone reached by Shiba Inu. This time, it was featured by fund management giant Grayscale in its weekly report.

BitMEX's former exec is making his play in the memecoin market now.

SHIB has been skyrocketing lately, adding 42% of value in a week.

"While theoretically possible, several factors would have to align to achieve such a substantial jump before the end of 2024," the chatbot estimated.

Data shows metrics related to Shiba Inu have seen rapid growth alongside the meme coin's 34% surge, a potential sign that FOMO is developing among investors. Shiba Inu Has Seen An Uptick In Activity With Its Latest Rally In a new post on X, the analytics firm Santiment has discussed how the various indicators related to Shiba Inu have looked while its price has shot up 34% over the past week.

Shiba Inu is experiencing a notable price breakout, surging over 19% and positioning itself toward the critical resistance level of $0.00002631. This significant rally indicates a shift in market momentum, characterized by robust buying pressure and increased trading volume.

Shiba Inu (SHIB) price, a popular meme coin, has recently experienced a significant rise. Currently, SHIB is trading along an upward trajectory.

Bitcoin's break above $65,000 and solid buying in-the-spot BTC ETFs have traders convinced that the bull market is back in full swing.

Arthur Hayes and Pepe Token: a match made in Crypto Heaven?

Shiba Inu has surged over 20%, nearing a key resistance level and drawing increased market attention.

Pepe's trading volumes tripled over the past week, triggering a strong double-digit rally in the frog-themed memecoin.

The various developments in the Shiba Inu ecosystem have aligned very well with the market movement. As soon as Bitcoin started moving up since September 26, Shiba inu started rising shoulder to shoulder. In the last two days, Shib has surged over 45%. But why is it falling now, let's analyze.

Hayes has increased his positions on PEPE, MOG, and MOTHER, believing it is time for a meme coin season.

Pepe ($PEPE) is rocketing past Dogecoin ($DOGE) today as meme coin markets ballooned a staggering 17.9% in the last 24 hours to post a collective market cap of $55.6 billion.