As the memecoin market skyrockets toward a $50 billion valuation, former BitMEX CEO Arthur Hayes has made a bold move by investing in PEPE. With memecoins rallying and top tokens seeing massive gains, Hayes' sudden interest in PEPE has caught everyone's attention.
In just one day, 9.4 billion DOGE were moved, setting a new record for whale activity in the last 30 days. Dogecoin has seen a sharp increase in activity.
This week, we examine Ethereum, Ripple, Cardano, Shiba Inu, and Dogecoin in greater detail. Ethereum (ETH) Ethereum closed another good week with a 4% price increase.
Story Highlights The live price of the PEPE meme coin is . Pepe coin Price could reach a maximum of $0.000127396 by the end of 2024. With a potential surge, the PEPE price may go as high as $0.00002061 by 2030's end.
The meme coin market is experiencing a significant surge, with PEPE and Dogecoin leading the way amidst increased investor interest and bullish technical indicators.
Bitcoin (BTC) is reversing its downtrend, and the altcoins are following. However, the most volatile sector is that of the memecoins.
Dogecoin's price surges 10% as smart contract plans, whale accumulation, and continued support from Elon Musk fuel bullish sentiment and technical breakouts.
BTC's move past $65,000 comes just ahead of the expiry of over $5.8 billion in options contracts, which analysts believe could increase volatility in the crypto markets. The jump seems to be driven primarily by monetary stimulus in the US and China, which led to crypto markets registering a substantial jump.
Pepe Coin (PEPE) price has experienced a noticeable increase, mirroring a broader market upswing. The PEPE is upward, supported by recent market gains.
Arthur Hayes, the founder of BitMEX, continues to make headlines with his ongoing buying spree, which is seen as part of a strategic portfolio shift. After a year of investing in PENDLE, Hayes is now exploring new crypto trends, including decentralized physical infrastructure networks (DePin) and meme coins.
Popular meme coins PEPE, SHIB, FLOKI and BRETT were seen enjoying their time in the green as Bitcoin surged past the psychological threshold of $65,000, sparking hopes of an impending bull run.
With the meme coin market cap nearing the $50 billion mark, the meme coins mania is back in the crypto market. Further, the Bitcoin price ending the stagnation under the $64K level marks a market-wide recovery. As Bitcoin surpasses the $65K mark, the top meme coins, Shiba Inu, FLOKI, and PEPE, give double-digit returns.
Renowned commodity trader Peter Brandt has published a DOGE/USDT chart, saying that DOGE is breaking out of the downward channel at the moment after staying more roughly half a year in it.
The Dogecoin price has surged significantly in the last 24 hours, rising by almost 10%. This price surge is thanks to several bullish developments, including plans to launch a zero-knowledge virtual machine (zkVM) on the Dogecoin Network to enable smart contracts.
How high can PEPE go in the short-term and long-term now that it has embarked on a bullish recovery? Here's what the data suggests.
BTC has risen above $65,000 but the meme coins are on the main stage.
An analyst has pointed out how Dogecoin has reclaimed a major on-chain demand zone, which could open up the path to higher levels. Dogecoin May Not Have Much On-Chain Resistance At Upcoming Levels In a new post on X, analyst Ali Martinez has discussed about how DOGE has just overcome a major on-chain supply wall.
The world's biggest memecoin by market capitalization Dogecoin (CRYPTO: DOGE) rallied sharply Thursday, drawing bullish forecasts from influential cryptocurrency analysts. What Happened: The original meme currency was up nearly 9%, emerging as one of the market's biggest gainers in the last 24 hours.
If you missed the chance to invest in PEPE coin, let us look at what could be the next Pepe. Popo (FROP) is gearing up for its debut on major cryptocurrency exchanges.
Leading cryptocurrencies pumped Thursday, aided by favorable economic data, and sharp inflows in spot exchange-traded funds (ETFs). Cryptocurrency Gains +/- Price (Recorded at 9:15 p.m.
As it looks to break out of its ongoing bearish trend, Ethereum is at a pivotal point on the market. Lately, ETH has surged past a number of notable resistance levels, indicating strength and positivity among traders.
Dogecoin shows strong signs of a breakout, but network activity holds the key.
Following a Transak development, both PEPE and BONK surged impressively, now closing in on a critical price range.
In a Thursday interview with CNBC's Squawk Box, Securities and Exchange Commission (SEC) boss Gary Gensler reiterated that Bitcoin does not qualify as a security under his agency's regulatory purview.
Cryptocurrency markets are spiking, with Bitcoin reaching its highest level since early August. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $65,048 +3% Ethereum (CRYPTO: ETH) $2,653 +2.8% Solana (CRYPTO: SOL) $156.58 +4% Dogecoin (CRYPTO: DOGE) $0.1183 +7.8% Shiba Inu (CRYPTO: SHIB) $0.00001841 +18.3% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 2.1% and daily active addresses falling by 4%.
The co-founder of the original memecoin is calling out Gary Gensler after the U.S. Securities and Exchange Commission (SEC) chair said Bitcoin (BTC) is not a security. In a new interview with CNBC, SEC chair Gensler states clearly that BTC is not a security.
Many stocks and digital assets rose today on China stimulus news and a positive outlook for the economy.
The zkVM scaling solution will make the dog-themed memecoin network “STRONKer than all the others,” QED and Nexus said.
Crypto analyst Smile has made an ultra-bullish price prediction for Dogecoin (DOGE), Shiba Inu (SHIB), and XRP, stating they will reach $25, $0.05, and $200, respectively. The analyst also provided a timeline for when these coins will reach these price targets.
As the cryptocurrency market continues to experience rapid change, investors are on high alert to identify the next breakout star. Among the contenders in the current bull cycle, ETFSwap (ETFS) is gaining momentum with its distinctive DeFi platform above Dogecoin (DOGE) and Shiba Inu (SHIB), regardless of their established status in the crypto market.
Dogecoin (DOGE) recently broke above a falling wedge pattern, which it had been trading within for several months. This type of breakout typically signals a potential upside reversal, hinting at a continued rally.
This week on the crypto market was marked by hearings in the U.S. Congress on the regulation of cryptocurrencies, where the head of the SEC, Gary Gensler, came under particular pressure. Among other things, the current chairman was called "the most destructive and lawless SEC chairman in history" due to his well-known policy of regulation by coercion and enforcement.
How did Billy Markus defend himself against rumors linking him to the creator of Bitcoin?
Dogecoin (DOGE) is currently in the midst of a significant spike in volume combined with very rapid price action to the upside.
The popular and third-biggest meme coin, Pepe (PEPE), is now gaining significant attention from investors and traders following its successful breakout of the $0.00000875 level. On September 26, 2024, PEPE experienced an impressive price surge, resulting in a successful breakout. Current Price Momentum As of writing, PEPE is trading near $0.
After a long stretch of muted price action, Dogecoin has finally entered a position where it could be gearing up for a surge. With major developments such as an increase in participation from both small and large investors, as well as indicators turning bullish, the DOGE price looks primed for a major recovery.
The meme coin ecosystem showcases intriguing trends, with PEPE also entering the spotlight. Per data from CoinMarketCap, PEPE is up 5.27% in the past 24 hours to $0.00000964 as it moves to clear one zero.
Pepe, the third-largest meme coin, staged a strong comeback, soaring to its highest point in over a month as balances in centralized exchanges fell. Exchange outflows are rising Pepe (PEPE) jumped to a high of $0.
DOGE whales have been on a shopping spree lately.
Crypto analyst and trader Ali Martinez shared a Dogecoin graph provided by analytics company Santiment.
Meme coin leaders Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are picking up steam and could rise even further, according to predictions. What Happened: Shiba Inu's burn rate increased by 640.7%, as around 1 million SHIB coins were burned in a single transaction, according to Shibburn data.
DOGE News: Market sentiments orbiting Dogecoin (DOGE) price appear to have taken a paradigm shift on Thursday, turning bullish against the backdrop of on-chain data and Elon Musk's comments. Crypto market analyst Ali Martinez revealed that Dogecoin whale accumulations soared remarkably in recent days as over 1.40 billion tokens were sacked.
Following the US Securities and Exchange Commission's settlement with TrueCoin and TrustToken, Curve Finance is considering cutting exposure to the stablecoin True USD (TUSD). Meanwhile, Bitcoin remains above $63k and a number of altcoins are seeing decent gains. Stacks (STX), Dogecoin (DOGE) and Ondo (ONDO) are among these coins.
An interesting development has been observed by cryptocurrency expert Ali Martinez in the Dogecoin market. He has shared his observation in his latest post on X. It seems that the DOGE market can expect a significant bullish momentum soon.
The market is beginning to see signs of life for Dogecoin as it recently broke through the crucial $0.111 resistance level. This is an important development because the $0.111 zone is a significant level, where 62,270 addresses held over 36 billion DOGE, which previously served as a formidable barrier.
The total meme coins' market cap led by Dogecoin and Shiba Inu rallied over 6 percent in the past 24 hours to hover at about 50 billion on Thursday.