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.
Sui (SUI) price, a prominent layer-1 blockchain, is experiencing a significant uptrend. The SUI tokens have recently risen sharply, showcasing a strong bullish momentum.
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.
SUI price surge is on the verge of breaking the $2 resistance after a strong rally, with a bullish pattern suggesting
The memecoin sector is experiencing a massive shift as many memecoins are currently trading in the green region thanks to an inflow of $200 million from investors. Coins like Shiba Inu (SHIB) and PEPE have seen double-digit gains. Meanwhile, DTX Exchange has realized about $3 million in funding thanks to its latest listing on CoinMarketCap.
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.
SUI is currently testing crucial supply levels after an impressive 75% surge from local demand around $1 since mid-September. This aggressive price movement has placed the layer-1 blockchain at the forefront of market discussions, making it one of the most trending assets right now.
TL;DR Sui Network Overview: Sui Network is a cutting-edge Layer-1 blockchain designed to simplify smart contract creation and execution, excelling in handling multiple transactions simultaneously. Q4 2024 Price Prediction: SUI's price is forecasted to range between $1.74 and $8.24, with optimistic scenarios suggesting a potential increase. Conservative estimates predict a minimum price of $0.
Twelve cryptocurrencies will unlock nearly $300 million in previously non-circulating supply this week, raising concerns as sales could intensify. Among these unlocks, three projects alone will release over $220 million, to which traders and investors should give special attention.
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.
Crypto volume staged a strong comeback in centralized and decentralized exchanges as most coins bounced back.
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 $0.
PEPE surged 33% in the last seven days, and the meme coin might climb even higher—up to 18%. The frog-themed cryptocurrency could be heading back to its highs from June 2024
October has historically been a bullish month for altcoins and cryptocurrencies in general. With great momentum building, fueled by increasing demand and favorable market conditions, several altcoins are also inching closer to breaking their previous all-time highs.
BitMEX's former exec is making his play in the memecoin market now.
The social sentiment around SUI has skyrocketed in the past few days to an unprecedented level as a result of an increase in community interaction witnessed across multiple platforms. This recent surge in interest indicates growing support and enthusiasm from the vibrant community, solidifying SUI's stance in the crypto sector as a potential asset.
Sei (SEI) and Sui (SUI) have been trending closely together, with both showing significant price movements. However, recent shifts in market dynamics suggest that Sei might be poised to outperform Sui in the near future.
Arthur Hayes and Pepe Token: a match made in Crypto Heaven?
Solana which entered the crypto space being one of the tough competitors of Ethereum is often compared and equated with the other chains like SUI or SEI. These tokens have gained enough attention from the market participants as they surged over 150% in very little time.
Pepe's trading volumes tripled over the past week, triggering a strong double-digit rally in the frog-themed memecoin.
Real Vision analyst Jamie Coutts believes that the crypto market could finish out the year with strong rallies. Coutts says that the TOTAL3 chart on the weekly timeframe appears to be breaking out of a descending trend line and printing a bull reversal pattern.
Hayes has increased his positions on PEPE, MOG, and MOTHER, believing it is time for a meme coin season.
Pepe ($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.
Sui's price has surged recently, with technical indicators pointing to continued bullish momentum.
PEPE's market cap has crossed both SUI and UNI. Currently the market cap of PEPE stand at $4.58B.
CoinMarketCap's data revealed that PEPE's market cap surpassed SUI's in the last 24 hours. The market cap of PEPE stood at $4.58B, while SUI had a market cap of $4.50B.
CoinMarketCap's data revealed that the PEPE token's market cap surpassed SUI's in the last 24 hours. The market cap of PEPE stood at $4.58B, while SUI had a market cap of $4.50B.
The meme coin market is heating up again, with Shiba Inu (SHIB) seeing a 20% price jump since yesterday. Not to be outdone, the Boy's Club-inspired duo, Brett (BRETT) and Pepe (PEPE), aren't far behind – racking up some impressive gains of their own.
A popular cryptocurrency strategist known for accurately calling the cryptocurrency market bottom in 2018, has pointed to the meme-inspired cryptocurrency $PEPE as “easy money” after it formed an ascending triangle pattern.
The September months have sparked the initial bullish turnaround for most major altcoins amid the recent Fed rate cut. Historically, the crypto market provides accelerated recovery momentum in Quarter 4, intensifying the buying activity.
Cryptocurrencies, stocks, and other risky assets received another catalyst on Friday, Sept. 27, after the U.S. government published encouraging inflation data.
As we near the end of 2024, Grayscale Research has revealed an exciting list of the top 20 cryptocurrencies expected to shine in the final quarter. With six new altcoins added, including Sui (SUI) and Optimism (OP), the buzz in the crypto market is palpable.
As the cryptocurrency landscape continues to evolve, Grayscale in its recent research titled ‘Grayscale Research Insights: Crypto Sectors in Q42024' has identified six emerging assets, Sui (SUI), Bittensor (TAO), Optimism (OP), Celo (CELO), Helium (HNT), and UMA Protocol (UMA), as high-potential investments for Q4 2024.
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.
American entrepreneur and former BitMEX CEO has been in the crypto spotlight lately due to his strategic investment moves, dumping PENDLE while accumulating Aerthir (ATH). Hayes caught the attention of the digital assets community today following his endorsement of meme assets PEPE, MOTHER, and MOG, stating that “it's time for a memecoin breakout.
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.
Grayscale's updated list signals a strategic shift towards decentralized AI and high-performance infrastructure, highlighting evolving market trends. The post Grayscale lists SUI, TAO, OP, CELO among top “high potential” tokens for Q4 2024 appeared first on Crypto Briefing.
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.
The surge in the meme coin market has brought its total market cap to $56 billion. Meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), are showing strong bullish prices with increased whale activity.
Sui has roughly doubled this year and could be on the fast track to even bigger gains in the years ahead.
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.