Until strong conviction seizes the market, Pepe traders can continue to anticipate a range-like price action.
The meme coin market has particularly exploded in 2024. Coins like dogwifhat have pumped considerably.
It was a good week for the crypto markets, but there are some retracements across the charts now.
Popular Solana meme coin DogWifHat ($WIF) is the best performing among the big five doge-themed meme coins this week with a blistering 18% advance on its price this time last Friday.
The Awesome Oscillator made a bullish crossover and signaled a momentum shift on the daily chart, but can WIF break $2?
The cryptocurrency market continued its recovery trend in the second half of September, driven by speculation surrounding the Fed rate cut, which has now dropped to 475-500 basis points (BPS). Amid these dynamic market shifts, the meme cryptocurrency sector presents an attractive opportunity for speculative traders.
PEPE outclasses DOGE and SHIB in terms of gains, aided by robust demand from whales.
Dogwifhat (WIF) price, a Solana meme-based cryptocurrency, has experienced a notable increase in the past few days. WIF is currently on an upward curve and has recently developed a bullish configuration.
Pepe's (CRYPTO: PEPE) has been outperforming its dog-themed meme coin rivals, prompting calls for a surge to $10 billion and beyond. What Happened: Pseudonymous crypto trader SomSpencer declared the arrival of the "meme season" in the crypto market, emphasizing the importance of PEPE as a key indicator.
The global crypto market registered another increase of 3.06%, pushing it to $2.21 trillion. Bitcoin (BTC) is up over 3%, while Ethereum (ETH) continues its stellar recovery, and is up almost 6% over the past 24 hours, having surged past $2,500.
Excitement is brewing in the crypto world! With recent events like Donald Trump's crypto purchase and the Fed's rate hike plans, relief is washing over assets that faced a major downturn.
The Fed rate cuts of 50 bps came as a huge surprise for the markets, as Bitcoin and other major cryptos witnessed a steep rise beyond their respective resistances. Besides, the memecoins have jumped into action, with POPCAT leading the rally. However, 2 popular memecoins recorded massive volumes of nearly $500 million each.
Memecoins on the Solana (CRYPTO: SOL) blockchain rallied sharply on Thursday as the broader cryptocurrency regained momentum following the Federal Reserve's aggressive rate cut. What happened: Canine-inspired token dogwifhat popped 6.55% in the last 24 hours, emerging as the market's biggest gainer among memecoins exceeding billion-dollar valuation.
The crypto prices today have continued generating market optimism, primarily with major coins maintaining an upward movement. Bitcoin (BTC) price crossed $64K, whereas Ethereum (ETH) and Solana (SOL) followed, trading in the green.
A cryptocurrency whale cashed out $3.2 million in PEPE, FLOKI, and WLD holdings, securing a $200,000 profit. The sell-off came after the Federal Reserves rate cut, with traders reacting to increased market volatility.
A crypto whale has sold his entire Pepe coin, FLOKI, and Worldcoin holdings amid the recent price surge in the market. The digital asset market notched increased sentiments following interest rate cuts by the Federal Reserve.
PEPE nears breakout with stable adoption and rising whale activity—Is the meme coin rally back?
After surpassing $12.6 million in presale funding on Wednesday, Pepe Unchained ($PEPU) made another splash with a developer grant announcement on X (formerly Twitter) to start building its ecosystem.
On September 19, 2024, following the rate cut announcement, Dogwifhat (WIF), the popular Solana-based meme coin appears poised for significant upside momentum. In recent days, the overall cryptocurrency landscape has been struggling to gain momentum, but the rate cut announcement has shifted the overall market sentiment.
According to CoinMarketCap data, PEPE is notably carving out its own growth path after soaring as high as 10% in 24 hours. While many analysts are focused on this price growth, other important metrics, like trading volume, have incited a new shift for the token.
Dogwifhat (CRYPTO: WIF) has surged 17% over the past 24 hours, following a wider market rally in light of the Federal Reserve's interest rate cut. What Happened: Crypto trader Bleeker stated that while the timeline is silent on WIF, he is "enjoying that.
With the price volatility in the crypto market recording a new high, the Bitcoin price has successfully surpassed $63k with an intraday gain of 5.13%. Following this, the memecoin market cap crossed the $41 billion mark for the first time in about a month.
Pepe (PEPE) price, a popular meme coin, has recently experienced a significant rise in its market value. Currently, the price of Pepe remains steady above the critical support level.
Check out which meme coins witnessed a double-digit price rally in the last 24 hours.
dogwifhat has made a strong comeback, hiking by 9.65% over the past 24 hours, positioning WIF to hit a 2-month high of $2.9.
The NEIRO coin has become a very demanding token of the market as it has not stopped making profits for its holders. Since its introduction at the beginning of August, the market has not been the most favorable, pushing every single crypto down.
As anticipation builds for a better October, frog-themed meme coin Pepe (PEPE) could be one of the first cryptos to gain. Nicknamed “Uptober,” the historically bullish month appears to be coming at the right time for PEPE's price.
PEPE price reclaimed the $0.00008 level on Sept 19, up 7% in 24-hours, amid rising market liquidity triggered by the US Fed Rate Cut announced on Wednesday.
The crypto market is bouncing back with the U.S. Federal Reserve finally cutting interest rates after four years since the 2020 COVID pandemic. Similar to the global markets, the Bitcoin price surpassed the $62,000 mark with a boost in altcoins.
PEPE shows potential for growth with bullish indicators, whale activity, and adoption.
Despite big gains, some skeptics are still concerned about an impending collapse. Let's take a look at the PEPE coin price in more detail.
PEPE and DOGS have re-gained critical support levels, hinting at the potential for a major rally that could end the current bear market.
Smart money pounced on WIF's dip to accumulate, but this move could backfire, revealing potential risks.
Bitcoin (BTC) is back above $60,000 after registering an increase of over 3% in the past 24 hours as optimism around a Fed rate cut grew. Other cryptocurrencies, including Ethereum (ETH), Uniswap (UNI), FET, SUI, Aptos (APT), and Bittensor (TAO), registered notable gains.
Buyers appear ready to defend against the death cross as the CMF indicator has tipped north.
PEPE, Polkadot, ImmutableX, and Bittensor stand out amid a heightened focus on the Federal Reserve meeting and persistent fear within the crypto fear and greed index. A detailed look into individual cryptocurrencies reveals intriguing trends and future price predictions. PEPE price paints a bullish setup Currently trading at $0.
PEPE price has struggled to regain momentum since reaching its all-time high in May. The cryptocurrency has failed to show significant growth or recovery, with price action remaining lackluster.
Is PEPE still a strong contender in the memecoin segment? Binance ranking, profitability and address data reveal some interesting findings.
It appears that frog-themed Pepe (PEPE), the third largest meme coin is poised for a price crash following massive profit booking by whales in recent days. According to the crypto intelligence firm Santiment, PEPE whales and traders have realized significant profits of over $30 million in the last six days.
Pepe (PEPE) may be vulnerable to further price declines, despite an increase in whale accumulation. This potential drop underscores the disconnect between large holders' activity and broader market sentiment.
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.