Memecoins erupted Sunday, with major coins topping the daily cryptocurrency gainers list. What happened: Dog-themed token dogwifhat soared more than 16%, becoming the second-best performing cryptocurrency in the last 24 hours.
Bitcoin's recovery above $62,000 is having a positive impact on altcoins, boosting prospects of a rally in APT, WIF, FTM and BGB.
Memecoins are experiencing a significant decline on weekly charts. WIF has declined by 4.54% over the past day.
PEPE's recent price action is raising concerns among traders, as bullish momentum appears to be fading. After attempting to rebound, the token faced strong resistance at the $0.00000963 mark, signaling a potential shift in market sentiment.
The popular memecoin could see an uptrend soon after weeks of bad news.
During the low-volatility Saturday session, the Dogwifhat price dropped by 2.8%, bringing it down to $2.27. The bearish momentum was triggered by the price's ongoing struggle to break through the key resistance trendline of the falling wedge pattern, which has persisted since March 2024.
A daily session close above $2.5 would be a positive sign that WIF is preparing for a larger rally.
Pepe Coin (PEPE) price, a cryptocurrency meme token linked to Ethereum, recently witnessed a significant uptick in its value, coinciding with a broader crypto market surge. Over the last week, while Pepe saw some market corrections mirroring general cryptocurrency movements, the latest rebound suggests a bullish outlook for October.
The PEPE price could be in trouble from here after failing to maintain its upward momentum. This has led to a restart of the bearish momentum, and this could continue if bulls fail to pull up the price.
Hold onto the edge of your seats. Bitcoin's chop is battling 60k, and the FUD is ripping through the meme coin vertical, with major volatility in top meme coins, including BONK, PEPE, and Floki – let's take a look.
Despite Hayes' sale, exchange inflow data shows that other traders are unwilling to sell PEPE.
WIF may become highly attractive to new buyers, especially as the market faces increased volatility.
Pepe (PEPE) price, an Ethereum-based meme coin, is facing significant challenges as its price experiences a sharp decline. Investor concerns are growing as the sentiment around the token shifts markedly amidst broader market adjustments.
Bitmex co-founder Arthur Hayes realized a five-figure loss on several meme coins only a few days after predicting more meme coin upside. What Happened: Analytics platform Spot On Chain shows a $47,000 loss from his investments in Pepe (CRYPTO: PEPE) and Mog Coin (CRYPTO: MOG).
Popular meme coin Pepe (PEPE) is under significant pressure, primarily driven by the profit-taking activity of its long-term holders (LTHs). It currently trades at $0.0000090, witnessing an 18% price decline over the past four days.
Arthur Hayes, the founder of BitMEX, recently updated his portfolio strategy, saying he would pivot to meme coins, among other sectors.
WIF experienced a sustained surge on monthly charts. But a recent pullback saw it drop by 11.86%.
Arthur Hayes took a $47K hit after dropping $500K on PEPE and MOG. Hayes deposited 24.39 billion PEPE and 167.5 billion MOG back to Binance and Bybit.
As Iran hits back at Israel's aggression, Middle East tensions are sending a shockwave through meme coin markets, notably impacting the price of PEPE.
The current market downturn has prompted many investors to sell and exit their positions. However, experienced traders recognize that such downturns are temporary and may present an opportunity for buying. This branded spotlight story highlights five lesser-known cryptocurrencies that could offer significant potential for those prepared to take a calculated risk. 1.
Pepe (CRYPTO: PEPE) is down 8% on the day but traders remain convinced the meme coin looks fundamentally solid and primed for more upside. What Happened: Crypto trader Davie Satoshi shared his analysis of PEPE's market performance, saying that a technical indicator shows bearish momentum.
The broader market's "Uptober" reality is changing to "Rektober" as market liquidation tops $540 million. PEPE is in the spotlight in the meme coin world despite its price falling by more than 12% in 24 hours to $0.000009588.
A prominent crypto trader suggests that meme coins like PEPE (CRYPTO: PEPE), Dogwifhat (CRYPTO: WIF) and Popcat (CRYPTO: POPCAT) are poised for potential breakouts based on a technical indicator. What Happened: The Elliott Wave theory posits that a bullish asset often undergoes a five-wave rally before reaching its peak and usually rebounds after completing an ABC correction.
Bitcoin (BTC) fell as low as $60,300 earlier today due to escalating tensions in the Middle East that have spooked the crypto and traditional markets. The world's largest cryptocurrency is down almost 4% in the past 24 hours following Iran's attack on Israel.
Crypto whales have helped popular Solana coin DogWifHat ($WIF) to close in on a three-month high in spite of a bearish meme coin market today.
Memecoins, including PEPE, WIF, and SHIB, experience sharp declines amid rising geopolitical tensions.
A crypto strategist who supercharged his following after nailing the Bitcoin (BTC) 2018 bottom believes one memecoin is gearing up to spark more rallies.
A prominent Binance trader forecasts an all-time high for Bitcoin (CRYPTO: BTC) until the end of the year. What Happened: Trader Alphawifhat suggested on his social media account that the market is taking a breather following a period of strong macro bullishness.
Solana's BONK records an 11% price surge, kicking off October on a bullish note.
WIF is showing impressive strength as bullish momentum takes control, with the Relative Strength Index (RSI) pointing to even greater upside potential. The current RSI reading suggests that buying pressure remains strong, fueling optimism for continued gains.
DogWifHat is back in the spotlight with analysts predicting its surge to go over 1,500% soon. Is WIF headed for new all-time highs?
Crypto analyst Wisdom Matic has shared realistic price targets for Bitcoin (BTC), Dogwifhat (WIF), and Fantom (FTM). The analyst suggested that these coins would reach these price levels in this bull run, although he didn't state when exactly it would happen.
PEPE price, a popular meme coin, has been struggling to secure a crucial support level that could potentially trigger a rise to its all-time high of $0.00001725. However, the coin faces significant resistance and the threat of profit-taking, which could hamper its upward momentum.
Memecoins created on the Solana (CRYPTO: SOL) blockchain withstood the overall market drop on Monday to post encouraging gains. What happened: Dog-themed Bonk emerged as the best-performing billion-dollar capitalization meme coin in the last 24 hours and the third-best cryptocurrency overall, surging over 8%.
dogwifhat surges 42% in a week, with bullish signals indicating potential further gains and sustained momentum.
During Monday's trading session, the Pepe coin price saw a 3% drop, retesting the crucial $0.00001 support level. This bearish movement aligned with Bitcoin's fall below the $65,000 mark, sparking a corrective phase across several major altcoins.
The Pepe (PEPE) price risks a correction in the wake of its 97% rally from the August lows.
As Bitcoin struggles with macroeconomic headwinds, $BONK, $BEAM, and $WIF rise as top performers in a volatile altcoin market.
Dogwifhat (WIF) price, a popular meme token, has recently experienced a notable increase in value. This upward movement persists even as broader market trends correct downward.
Dogwifhat (WIF), the Solana meme coin, has seen a notable resurgence within the last two weeks. Following the gains, the cryptocurrency experienced an incredible rise in speculative activity.
While the crypto markets are losing all of the gains triggered by a weekend optimism spike, some large meme cryptocurrencies are outperforming all competitors. By contrast, two meme coin behemoths, SHIB and DOGE, are in the red today, together with other large caps.
The Pepe Unchained ($PEPU) presale has soared to even greater heights in its ICO, earning it the moniker of the notorious P.E.P.U with an impressive $16.5 million in its bag.
The cryptocurrency market has shown renewed strength as Bitcoin recently crossed the critical $64K resistance level, spurring excitement among investors. With the broader market gaining momentum, many focus on potential Shiba competitor outperforming SHIB itself.
Over the past month, PEPE has experienced a strong uptrend, surging by 44.8%. But is a reversal imminent?
Frog-themed meme coin Pepe (PEPE) has hit a roadblock. The token recently failed to break through a crucial resistance level at $0.000011, potentially setting the stage for a significant price drop.
Bitcoin (BTC) dipped below the $65,000 level early today after registering a drop of almost 2.50% over the past 24 hours and is currently trading just below the $65,000 mark. Spot Bitcoin ETFs also registered a surge in inflows, attracting around $449 million, fueling even further demand as speculation about a rate cut and soft US landing bets.
Former BitMEX CEO Arthur Hayes invests $250,000 in PEPE token, signaling renewed interest in the memecoin sector as prices and trading volumes surge across multiple tokens.