CoinspeakerPepe Coin’s Price Plummets 20% amidst Significant Wallet Movements and Security Concerns In total, more than 16 trillion tokens were moved on Thursday, August 24, which had a noticeable impact on the market. The amount represents 3.8% of the token's total market supply. Pepe Coin’s Price Plummets 20% amidst Significant Wallet Movements and Security Concerns
Read More »PEPE Plummets 13% Following Mysterious Changes to Multisig Wallet
The newly popular memecoin Pepe (PEPE) tanked 13% in value on Thursday after the crypto community noticed strange alterations to the multi-signature wallet used for enhancing the token’s adoption. As noted by @Crypto_Noddy on X, the multsig wallet changed its threshold for token transfers from 5 of 8 to just 2 of 8 wallet signatures – far less than what is expected for storing reserves for popular coins. The multisig is meant to reserve a portion of Pepe’s supply to provide...
Read More »These Meme Coins Are Trending Today But Not For the Good Reasons
Shiba Inu (SHIB), Pepe (PEPE), and Bone Shibaswap (BONE) are among the top five trending coins in the market today. Interestingly, none of them is making the headlines for a good reason. Data from CoinMarketCap indicates the three meme coins are currently all in the red. BONE is down 12.83% in the last 24 hours, and more than 20% over the last seven days. On its part, Shiba Inu is currently 8.16% below its price from the previous day and 10.5% over the week. At 2.15%, PEPE...
Read More »How a Froggy Trader Turned $900 Into $176K in 24hrs With Pepe 2.0
The demand for Pepe Coin ROI is insatiable. 2.0 knockoffs have already racked up enormous gains in July. As Pepe 2.0 rallied through the roof on Ethereum during the last week in June, one trader made $175,000 in just a day of riveting profit-taking. Due to the relative anonymity of Web 3.0 users, we don’t know who the mystery trader is. But they left their tracks all over the blockchain. The on-chain transaction data tells the entire story. Using the popular decentralized...
Read More »Coinbase Says “Sorry” for Harsh Words Towards $Pepe Token
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Paul Grewal – the chief legal executive of Coinbase, arguably the biggest and most popular crypto exchange in the U.S. – has made a public apology to the creators of a new meme token called $pepe for claiming the image associated with the token has largely been tied to alt-right hate groups. Coinbase Issues...
Read More »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...
Read More »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...
Read More »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...
Read More »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...
Read More »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...
Read More »