As Bitcoin's price movement begins to acquire positive bullish momentum, the month of October appears to be promising for altcoins. Historically, when Bitcoin rises in price, this turns out to be a precursor of a bullish wave on the rest of the market, with other altcoins being discharged.
Bitcoin (BTC) saw considerable fluctuations over the weekend. It briefly pushed above $60,000 as market sentiment showed signs of shifting, resulting in a temporary jump of 6%.
The market participants appear to have become pessimistic about the next price action as the volume of most cryptos has depleted. On the other hand, the popular memecoin PEPE has managed to attract significant volume, due to which the volatility of the token has maintained within decent levels.
Pepe coin price continues to face hardships as Ethereum price struggles to break above key resistance levels. Pepe coin has a strong correlation with Ethereum.
An analyst known for making crypto bottom calls thinks that memecoin Pepe (PEPE) and one Solana (SOL) challenger are gearing up for breakout rallies. Pseudonymous analyst Bluntz tells his 273,500 followers on the social media platform X that PEPE and Sei (SEI) are among the market's leaders after breaking out of bullish reversal patterns.
The Open Interest chart showed that speculators were eager to go long, seeking profits from the PEPE move and showing bullish sentiment.
WIF has experienced a strong upward momentum over the last month, now analysts are eyeing $10.
FLOKI has been bearish for the last 3 months, but will this change now?
After a recent breakout, PEPE has experienced a notable drop as it moves to retest crucial support levels. This retest is crucial for the cryptocurrency, as it will determine whether the bullish momentum can continue or if the price will struggle to hold above this level.
Cryptocurrencies are largely in the green Saturday as traders anticipate the Federal Reserve will cut interest rates next week and Bitcoin retests the crucial resistance point at $60,000.
PEPE recently dropped to a noteworthy level that has previously been an important demand zone.
As the price of Bitcoin (BTC) retests its important resistance level of $60,000, the crypto market has regained momentum over the past few hours. Moreover, the market has recorded a jump of 1.97% within the past day and is currently valued at $2.09 Trillion.
Meme coins have been sliding in recent weeks. According to Coingecko, all meme coins' total market cap is around $42 billion.
Floki (CRYPTO: FLOKI) is trading relatively flat, but traders believe that it is well positioned for an upcoming rally. What Happened: Crypto trader Jelle noted that the Floki trading bot is seeing more and more usage as Valhalla takes front and center on sports events.
In the world of memecoins, Floki (FLOKI) has been a significant player, capturing the hearts of investors with its Viking-inspired branding and rapid growth. However, a new contender, GoodEgg (GEGG), is set to rival Floki (FLOKI)'s success with its fresh A.I-powered dating platform and a price of just $0.00021 in its presale.
Dogecoin, Shiba Inu, and PEPE prices surged, each scoring major gains in execcess of $2 billion within the last 7-days, in a rally linked to Donald Trump's latest viral moment.
Pepe (CRYPTO: PEPE) has suffered a 50% from its all-time highs in May, but traders think the meme coin's fortunes may reverse soon. What Happened: Pseudonymous trader CrediBULL Crypto commented on Pepe's decline with the words, “Oh how the mighty have fallen.
Bitcoin (BTC) saw a brief foray above $58,000 on Thursday following the release of US inflation data and Federal Reserve rate cut bets. US consumer prices bumped up slightly in August, but core inflation remained persistent, with the Core Consumer Price Index increasing by 0.28%, compared to an anticipated 0.2% increase.
PEPE seemed well positioned to outperform SHIB and DOGE if the market rebounds.
PEPE whales retreat as consolidation nears potential breakout.
The Dogwifhat (WIF) coin price was subdued on Thursday, trading little moved in the $1.5450 area as other major cryptos crawled higher.
Pepe's (PEPE) price has surged by 956% over the past 365 days. However, despite hitting a new all-time high in May, the meme coin may be poised for further losses.
Reduced monopoly helps SOL manage risks and stabilize value during market downturns.
Bitcoin surged past $58,000 following a rise in U.S. tech stocks and expectations of a potential 25 basis point interest rate cut by the Fed this month. However, Bitcoin ETFs saw outflows of $43 million on Wednesday, breaking a two-day inflow streak. Altcoins have also slipped into the green zone, with hopes of rallying soon.
The prices of Dogecoin, Shiba Inu, and PEPE have been on the come-up as the Bitcoin price has recovered. However, at this time, all of their profitability levels remain different, meaning investors in these meme coins are seeing varying levels of profit and losses.
Pepecoin (PEPE) has been a central focus of the meme coin market for much of 2024. Despite an initial surge to an all-time high of $0.000014 in May, the token has since experienced a correction of over 50%.
In the ever-volatile world of cryptocurrency, fortunes can be made overnight. A California millionaire who turned an initial investment of $10,000 into a staggering $750,000 with Pepecoin (PEPE) is now setting his sights on a new meme coin that has the crypto world buzzing: GoodEgg (GEGG).
The memecoin space is gaining strength as the top cryptos are trying hard to rise & sustain above the achieved resistances. The volume over the platform has increased by over 6% and the market capitalization has also risen by nearly 2.5%. While Dogecoin & Shiba Inu have been sustaining above $0.1 and $0.
In the fast-paced world of cryptocurrency, meme coins continue to dominate the space, capturing both retail and institutional interest. Floki Inu (FLOKI), a popular dog-themed meme coin, made headlines with its latest 6.16% surge, largely driven by the introduction of its new Floki Trading Bot.
As the world of meme coins continues to evolve, both investors and crypto enthusiasts are turning their attention to the next big thing. Floki Inu (FLOKI), a token that gained massive attention in the past, is now facing competition from a rising star in the meme coin sphere: GoodEgg (GEGG).
As the year heads into its final quarter, meme coins are back in the spotlight. Floki (FLOKI) has held its ground as one of the major players in the memecoin world, while a new contender, GoodEgg (GEGG), is quickly gaining attention.
In the highly competitive memecoin space, Floki (FLOKI) has long stood as one of the most well-known projects. However, with the rise of a new contender GoodEgg (GEGG), investors are starting to shift their focus.
As the crypto market fluctuates, market players seek signals to guide their next moves. Based on their current technical setups and market dynamics, below are critical predictions for three prominent cryptos: PEPE, Pi, and Litecoin.
Whales are showing increased interest in PEPE, which could be a precursor to an imminent rally.
Here's what on-chain data reveals regarding the profitability of the different segments of the Dogecoin, Shiba Inu, and Pepe investors. Dogecoin, Shiba Inu, & Pepe Compared In Terms Of Investor Profits In a new insight post, the on-chain analytics firm Santiment has discussed how the three biggest memecoins in the sector, DOGE, SHIB, and PEPE, have been doing in terms of different indicators.
dogwifhat is poised for a 10% price drop as on-chain metrics hint at a bearish signal.
In the current bearish market sentiment, Solana-based Dogwifhat (WIF) is poised for a potential price correction in the coming days. On September 11, 2024, WIF experienced a price drop of over 8% and is now there at a crucial level.
A key classic technical indicator pattern indicates a strong bullish outlook for the PEPE market, suggesting that the Ethereum meme coin could experience a monumental 300% price increase in the fourth quarter of 2024.
Floki Inu meme coin investors have received a new boost, benefitting from a major airdrop of a fun, viral new meme coin called Simon's Cat (CAT) into the Binance accounts, but this has failed to lift the FLOKI coin price.
Unlock September's top cryptocurrencies projected for substantial gains in our latest investment guide. Explore new opportunities to grow your portfolio while bears are dormant.
PEPE is making headlines today as many altcoins fight to maintain their recorded uptrend over the past 24 hours. PEPE again slipped as it bucked the negative trend in early market trading.
Following the recent crypto market downturn, sentiment is quickly turning bullish and prices are returning to the upside. Top crypto projects like Pepe (PEPE) and Chainlink (LINK) are experiencing quick recovery, with sights set on further gains.
Pepe Coin (PEPE) has captured the spotlight with a massive whale transfer of 4 trillion tokens from Bybit exchange, valued at approximately $29.8 million. This substantial movement has stirred speculation about the future trajectory of PEPE price.
The Pepe price has dropped by 4% in the past 24 hours, declining to $0.000007143 as the cryptocurrency market loses 2.5% today.
Two dogwifhat whale addresses have been buying WIF over the past two weeks accumulating $33.5 million worth of WIF coins in their bags.
DogWifHat (WIF) gained after news of renewed activity from top 10 wealthiest wallets. WIF expects a return to $2 on renewed hype and rollover from other memes.
On-chain data shows meme coin Pepe (PEPE) is at its most overvalued since the start of the year. This follows a whale withdrawing 4 trillion tokens worth $28.40 million from Bybit.
FLOKI consolidates for a potential breakout supported by whale activity and upcoming CAT token airdrop for holders.