After a 20% weekly drop, PEPE may be recovering. Will this trend last?

Pepe's (CRYPTO: PEPE) price slump has raised concerns, but its growing user base and positive long-term outlook suggest potential for future gains. What Happened: Lookonchain data reveals that a whale deposited 150 billion PEPE (worth $2.72 million) into Binance to cut losses amid the price drop.

The crypto market is facing significant this week and the price of meme coins like Floki and Bonk are falling sharply today following a dire outlook from the Federal Reserve regarding inflation and the pace at which they plan to cut rates next year.

Dogecoin, Shiba Inu, and Pepe tumble as memecoins face bearish setups, signaling more downside ahead.

A crypto whale dumped 150 billion PEPE worth $2.72 million onto Binance at a loss of $219,000.

Some of crypto's best meme coins have been rocked by a sharp downturn, with tokens like Pepe, Bonk, and Floki suffering catastrophic losses. Hailed as the tokenized epitome of internet culture and speculative euphoria, holders of these tokens now wonder if there is much future in them.

The price of Dogfwifhat dropped by 16.5% in the past 24 hours and accumulates a 25% decline in the past 7 days as the tailwind provided by its recent listing on Coinbase appears to be fading.

A Pepe (PEPE) whale has shocked the broader cryptocurrency community with its market activity. Lookonchain, an on-chain analytics platform, noticed and shared the transaction in a post on X.

Pepecoin, the OG green frog meme coin, had a rough week. $PEPE is down nearly 21% over the past seven days as the euphoria of Bitcoin's surge above $100K wears off slightly.

An anonymous trader incurred a major loss of $477,000 after buying PEPE at its peak and selling today in panic.

The crypto world is in turmoil again. Over the past 24 hours, the total market value dropped by 3.4%. It's not just numbers on a screen—it's a sentiment shift that's making traders uneasy.

Bitcoin (BTC) slumped below $100,000 after Federal Reserve Chairman Jerome Powell said the central bank is not allowed to own Bitcoin and is not looking for a law change.

An NFT evening report revealed that the recent BTC price rally above $100k created 14,211 new millionaires and four new billionaires, creating FOMO among people to achieve the same. However, the crypto market is unpredictable, and profiting trades can bring heavy losses.

Digital assets witness a bloodbath as prices slump following the US Fed's hawkish signals. While enthusiasts exit meme Dogecoin and PEPE, the focus has switched to iDEGEN – a crypto project born by AI and raised by crypto degens.

Dogwifhat (WIF) price reached its highest levels since March 2024 earlier this month, reflecting an astonishing 1386% gain for the year. However, WIF has faced a correction, declining roughly 11% in the last 24 hours as bearish signals intensify.

PEPE's price has dropped nearly 8% in the past 24 hours, days after reaching its all-time high on December 9. Momentum indicators, including the RSI at 33.3, show that PEPE is nearing oversold territory but has not yet hit the critical threshold of 30, leaving room for further correction.

PEPE has dropped by 7% in the past 24 hours, with the coin potentially facing huge selling pressure if it rises towards $0.000024. The post Warning for PEPE Holders: Massive Supply Zone Could Trigger Price Collapse appeared first on Cryptonews.

Dogwifhat (WIF), the popular Solana-based meme coin, is poised for a price decline as its daily chart flashes a bearish signal. However, token holders appear to be dumping their holdings on exchanges, as reported by the on-chain analytics firm Coinglass.

Pepe coin price dropped for three consecutive days, invalidating a previously bullish pattern and forming another bearish one. Pepe (PEPE), the third-largest meme coin globally, fell to a low of $0.00002117, marking its lowest level since December 6.

On December 14, 2024, a dormant whale wallet made ripples in the cryptocurrency market by transferring 2.1 trillion PEPE tokens worth over $52 million. This large transfer, which occurred after 600 days of inactivity, has spurred excitement and speculation about a possible price increase for the popular meme coin.

As Pepecoin (PEP) faces challenges maintaining its bullish momentum, Pepe Unchained (PEPU) and iDEGEN (IDGN) are making waves with their impressive gains. While Pepe Unchained is capitalizing on exchange listings and staking incentives to gain traction, iDEGEN is attracting attention with its AI-driven meme culture and unique presale model.

Website: Lunex Network Telegram: Join Our Telegram Community X: Follow Us On X

The memecoins have been quiet of late, as all eyes have been on Bitcoin ($BTC). Is it now time for the memes to bounce?

On-chain data shows $15 million in PEPE tokens moving off exchanges as technical patterns suggest a possible 17% price increase, while Binance traders maintain heavily bullish positioning.

On-chain metrics revealed that exchanges have witnessed $15 million worth of PEPE outflow.

You might not realize it, but Dogecoin was the trailblazer of the memecoin craze, kicking off a whole new trend in the crypto world when it launched in 2013. Fast forward to 2024, and it's still riding high, fresh off a 35% increase and looking at another potential rally.

The $ENA utility token underpinning crypto-native synthetic dollar protocol Ethena has risen 13% in the last seven days, outperforming market leaders Bitcoin ($BTC) and Ethereum ($ETH) over the same period.

Pepe Coin remains in a consolidation phase as it slowly forms a falling wedge pattern. This pattern could lead to an explosive breakout.

Meme coins are on a slippery slope and struggle to gain momentum despite the Bitcoin rally. Pepe, the frog-themed meme coin, is holding fort at key support. While bulls eye an extended rally, the massive supply zone warns of an intense pullback.

The past week has seen significant movement across altcoins, with Chainlink (LINK) surging nearly 20% to reach its highest price since November 2021, driven by strong buying pressure.

Meme coins like PEPE have generated jaw-dropping profits for early investors despite lacking tangible use cases.

Pepe (PEPE) has the largest number of wallets with holdings above $1,000, surpassing other meme communities with a focus on holders.

Bitcoin's recent surge to a new record high has sparked a fresh wave of optimism in the market, with Pepe (PEPE), one of the standout memecoins, seeing impressive gains.

As DeFi and meme coin markets slow, a whale acquires PEPE and Ondo. As Ondo breaks the $2 barrier, targeting $3, PEPE shows signs of a triangle breakout. Is the strategic whale entry hinting at a broader market rally ahead?

Floki announces support for the launch of BAD, the most anticipated AI Agent Launchpad protocol on the BNB Chain.

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

TL;DR PEPE coin prices display a bullish pattern, hinting at a potential rally if the broader market stabilizes, despite the volatility exacerbated by market uncertainty. Price predictions for PEPE from 2025 to 2030 vary, with optimistic forecasts suggesting significant growth and conservative estimates highlighting potential fluctuations.

Floki approaches a pivotal breakout moment, eyeing $0.00028980 resistance to confirm bullish momentum.

Key Points:

PEPE price analysts are confident of a continued rally. Yet, investors continue joining Propichain, which just entered round two of its presale.

A dormant Pepe whale transfers all 2.1 trillion tokens worth $52 million after 600 days.

A $27 gamble on Pepe memecoin turned into a staggering $52 million profit, delivering one of 2024s most astonishing crypto success stories. With a 1.9 million percent return, this trade cements memecoins as high-stakes, high-reward assets.

Despite having no intrinsic value, memecoins have created many new millionaires among crypto investors.

The second week of December saw mixed performances for meme coins, with most experiencing double-digit declines. This development, as stated in this meme coins weekly recap, aligns with the broader market condition that has seen most cryptos lose hold of the bullish momentum they recently had.

Since the crypto trading market turned bullish with Donald Trump's win in the US elections, many dormant accounts have returned to the market to benefit from the rally. One such PEPE holder has also benefitted heavily from this, turning $27 into $52M with his investment in PEPE tokens.

Crypto whales are once again making bold moves in the altcoin market, showing possible changes in their investment strategies. According to Spotonchain, a blockchain analytical platform reported that it appears that these whales' strategies have changed from what they accumulated in previous weeks.

Hedera's (HBAR) performance this year has been nothing short of impressive, with a 600% rally from its lows to a yearly high of $0.392. However, after hitting an overheated RSI of 88 (weekly) and 93 (4-hour), a 40% correction has brought HBAR to a defining moment.

Pepe Unchained's 500% debut stirs hype, but XYZVerse aims to dominate Q1 2025. #partnercontent