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 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.
With the BTC price restarting a new negative cycle within a channel, the meme coins are taking a minor pause. However, the broader market anticipates a bull run ahead with an altcoin season fueling the meme coins mania. Within many meme-centric tokens, the segment is close to saturation, which leads to choice overload.
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.
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.
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.
If market-wide sentiment continued to hold firm, dogwifhat can break a key resistance and move toward $3.
An analyst who earned the “Master Trader” rank on the crypto exchange Bybit believes that one frog-themed memecoin will leave most digital assets in the dust.
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.
As the market enters a critical period in October, staying ahead could mean following some of the best crypto traders who give timely calls and have a deep understanding of emerging trends.
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 $0.
PEPE surged 33% in the last seven days, and the meme coin might climb even higher—up to 18%. The frog-themed cryptocurrency could be heading back to its highs from June 2024
A closely followed crypto strategist and trader says one enterprise solutions project may have more upside potential. Pseudonymous analyst Altcoin Sherpa tells his 222,700 followers on the social media platform X that Zilliqa (ZIL) may continue its breakout on the weekly chart.
BitMEX's former exec is making his play in the memecoin market now.
Shiba Inu Killer Dogwifhat (WIF) has rallied substantially since the middle of September. Notably, the meme coin has rallied by about 32% in the past seven days, allowing it to outperform many cryptocurrencies and meme coins.
Arthur Hayes and Pepe Token: a match made in Crypto Heaven?
A widely followed crypto analyst says that one dog-themed memecoin that has printed six-figure gains in just ten months is on the brink of another breakout.
Pepe's trading volumes tripled over the past week, triggering a strong double-digit rally in the frog-themed memecoin.
Hayes has increased his positions on PEPE, MOG, and MOTHER, believing it is time for a meme coin season.
Pepe ($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 $55.6 billion.
Solana's biggest doge-themed coin, DogWifHat ($WIF) has advanced 31% on its price last Friday as it trades at $2.35 a token as of this writing.
Solana-based meme coin dogwifhat (WIF) has noted a 30% uptick over the past week. This surge has been accompanied by growing market volatility, threatening the token's further rally.