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Tag Archives: PEPE

Bitcoin Is Finding New Support Thanks to Meme Tokens

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin is being driven crazy by a new standard known as BRC-20, which basically enables the establishment of new tokens like meme currencies on its blockchain. Bitcoin and Meme Tokens… A Perfect Match? Bitcoin has always been a straight-up digital asset. While it has a blockchain network supporting it (like...

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Bitcoin Takes for the Skies at $30K, Leaving Most Altcoins in the Dust: This Week’s Crypto Recap

What a week! It’s safe to say that being a bear throughout the past seven days must have been rough. The cryptocurrency market exploded above $1.2 trillion on the back of major gains from the majority of coins, including Bitcoin. There’s a lot to unpack, so let’s dive in. First things first, Bitcoin’s price is up a whopping 18% in the past seven days, trading above $30K at the time of this writing. The week started on the right foot as the price was slowly chipping upwards...

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PEPE Whales Selling at Huge Losses as Meme Coins Continue Bleeding

PEPE coin whales have seen better days as the cryptocurrency loses another 9% in the past 24 hours. Some of the larger investors are calling it quits and are selling at a considerable loss. Data from the popular on-chain analytics resource Lookonchain revealed that at least two whales are realizing considerable losses. One of them is an address ending at 0x4614, which sold a total of 375.8 billion PEPE at a loss of $142,000 (worth some 76 ETH) today. Another whale sold around...

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JPMorgan: Bitcoin Retail Demand Will Continue to Remain Strong before Halving

JPMorgan analysts believe that retail investors resolve to accumulate Bitcoins will only go stronger as we approach close to the next halving in mid-2024. After a strong start to the year 2023, Bitcoin (BTC) has been facing some selling pressure over the last few weeks. Over the last 24 hours, the BTC price has tanked by 2% slipping under $27,000. However, banking giant JPMorgan is confident that Bitcoin will continue to see retail demand until the next halving event of mid-2024. In a...

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PEPE Price Analysis: This is What Needs to Happen for PEPE to Target Critical Resistance

PEPE continues to range as market participants are waiting for something to happen. Key Support levels: $0.0000013, $0.0000011  Key Resistance levels: $0.0000020 PEPE’s volatility is extremely low right now with the price unable to make any significant moves. It appears that both sellers and buyers are exhausted or absent from the market. PEPE has support at $0.0000013, and if broken the price could go to $0.0000011 next. The resistance is at $0.0000020, and so far, bulls...

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Bitcoin Pizza Day Goes Stale as Pizza-Styled Memecoin Issuers Pull the Rug

Floridian programmer and an early Bitcoin miner named Laszlo Hanyecz’s purchase of two pizzas with Bitcoin in 2010 has been etched into history, marking a pivotal moment for cryptocurrency. Since then, Bitcoin Pizza Day is celebrated every year on May 22nd. However, scammers are lurking even on that day. In light of this historic event, several malicious entities have sprung up in action to dupe unsuspecting investors. Considering the current risk appetite of investors for...

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Bitcoin Frogs Best Selling NFT for 24-Hrs as BTC Catches Pepe Mania

The ordinals are coming in dank this week. Bitcoin Frogs was the #1 selling NFT collection for the 24-hour period on Wednesday. Frogs sales outpaced Bored Apes Yacht Club, CryptoPunks, and other popular collections for the day. The BRC-20 memecoin project describes itself as “10,000 unique frog collectibles minted directly on the Bitcoin Blockchain.” As of publication time, 3,700 frogs had owners. Meanwhile, hundreds were listed for sale on NFT marketplaces. That gecko that...

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XRP and PEPE Lead Markets, Bitcoin and Ethereum Flat but in Green: This Week’s Crypto Recap

Well, the past week had some exciting developments to offer, at least in certain segments of the market. The broader capitalization barely increased by around $5 billion, currently standing shy of $1.2 trillion. This came on the back of a relatively flat performance of major cryptocurrencies, but some altcoins managed to surprise. Let’s dive in. It’s been a back-and-forth with Bitcoin this week. The cryptocurrency was trading at around $26,500 this time last week and managed...

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PEPE Madness Transitions: Synthetix (SNX) Soars 10% on Proposal to Add Pepe Coin

Synthetix (SNX) is trading 10% up over the 24-hour period. The recent spike in price comes amid a new proposal. SNX bulls likely have PEPE madness to thank for the market bump. The classic meme frog cryptocurrency is adding value to every market it touches. Volumes surged 150% in the wake of Synthetix Improvement Proposal (SIP) 2014. That would add PEPE coin markets to the L2 blockchain. Synthetix is a decentralized exchange for trading “synthetic” crypto assets. It operates...

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Diversification Doesn’t Work? NFT Influencers That Made or Lost Money With Memecoins

Savvy investors and NFT influencers have used the recent hype around memecoins as an opportunity to make solid profits. However, the majority of those who made money on such investments have only dealt with Pepe Coin (PEPE), while those diversifying with more than one have not been that successful. Despite its recent price fluctuations, the now-trending memecoin is still intriguing for crypto whales and NFT traders. Certain users have sold digital art part of the Bored Ape...

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