Archive for the ‘Pepe The Frog’ Category

Frog-Themed Meme Coins In Focus – Pepe Unchained As The Best ICO This October – Analytics Insight

Frog-Themed Meme Coins In Focus - Pepe Unchained As The Best ICO This October  Analytics Insight

Read more from the original source:
Frog-Themed Meme Coins In Focus - Pepe Unchained As The Best ICO This October - Analytics Insight

Tags:

PEPE Price Tumbles Below Major Support Is It Over For The Top Frog? – 99Bitcoins

Jump into PEPE price analysis as the top frog Pepecoin plummets beneath critical life-line support. Is it all over for the top frog meme coin?

While the famous meme Pepe has been one of the best performers this year, it has just broken major support, so we decided to do some technical analysis on it. So, is it over for Pepe? Lets dive in.

(Pepe-USDT support and resistance)

When looking at the chart, we can establish that $0.01066 has been acting as both support and resistance on multiple occasions and must be seen as a very important level.

Price closed below it for the first time since May 20th last week, and we have been unable to climb back above or even retest it. This is clear weakness.

We can also establish that $0.0065 has previously been acting as support, and this is an obvious place for the price to retest!

DISCOVER: Next 1000x Crypto 17 Coins That Could 1000x in 2024

(Pepe-USDT Moving average)

Moving averages are highly used by traders to determine exits and entries. They are simply moving support and resistance because, as the name suggests, they use the closing price of the candles to make a moving average.

You will then, through experience, find out what moving averages work well on different pairs and timeframes. I can personally suggest using 30, 100, and 200 as those are the most used ones. The 200 MA will use the average price of the last 200 candle closes.

On Pepe, we are using the 100 MA as its a good trend indicator we have found. We can see that ever since Pepe exploded above the 100 MA in March, it has pumped on every touch of the moving average.

Last week, the price closed below it, retested it yesterday, and dumped back down. This is bearish!

(Pepe-USDT Relative Strength Index)

Relative Strength Index, also known as RSI. We can gather some insight into the strength of the asset. Something is considered oversold when the indicator reaches below 30 and overbought above 70. It does not mean it is bottomed or topped.

First thing I notice when I look at RSI is that every time it has come within the oversold area or slightly above, it has pumped a bit previously. Can it keep this trend this time?

Lets conclude the analysis. As it stands, Pepe is in between support and resistance. Went below 100 MA on daily time frame for the first time in over 4 months. RSI is showing weakness.

So, despite the experts super bullish outlook shown above, we think its time to be cautious for now. Maybe it makes more sense to look at something like PeiPei, whichhas shown impressive performance recently.

DISCOVER: Kraken Cryptocurrency Exchange Review

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

See the rest here:
PEPE Price Tumbles Below Major Support Is It Over For The Top Frog? - 99Bitcoins

MOONHOP: Discover the Meme Coin Destined to Multiply Your Investment Ahead of Pepe and BlockDAG – NFTevening.com

Rabbits are symbols of prosperity and good fortune across numerous cultures, making them perfect mascots for a new meme coin. MOONHOP isnt just about adorable bunnies; its inspired by the ancient East Asian tale of the Moon Rabbit, cleverly connecting the idea of cryptocurrencies soaring to the Moon.

But can MOONHOP outpace meme coin giants like Pepe, or altcoin innovators like BlockDAG? Its brought in more than $916.63k in record time and has seen social activity climb on its handles. Lets dive in and see what MOONHOP has in store.

Pepe, based on the widely recognized Pepe the Frog meme, was a sensation when it hit the market in 2023, turning many early backers into millionaires. Currently ranked 23rd on CoinMarketCap, Pepe has seen its share of ups and downs.

Recently, amid a significant dip, a Pepe coin whale boosted spirits with a massive $1.2 trillion buy on Binance, sparking renewed interest and buying activity in the Pepe community.

BlockDAG is making waves as a PoW altcoin with a unique DAG architecture and a hybrid consensus model. Its not just mineable; BlockDAG is also introducing an array of energy-efficient, noise-insulated mining rigs.

Whats truly compelling about BlockDAG is its Ethereum-like platform that allows developers to build dApps, NFTs, and even new meme coins. This innovation has led some experts to tout BlockDAG as potentially the next big thing in crypto, drawing comparisons to Solana and Ethereum.

In a meme coin market dominated by dogs and the occasional cat, MOONHOP introduces a fresh perspective with its bunny-themed coin. MOONHOP aims to establish a playful, welcoming community called The Fluffle, where every member, regardless of background or experience, feels valued and supported. The MHOP presale has already raked in more than $916k in its exciting presale.

MOONHOP isnt just building a community; its incentivizing growth with a unique referral program. Just link your wallet, create a referral code, share it, and start collecting MHOP coins as your network joins the fun.

As you navigate the vibrant fields of crypto, you might ponder where to plant your investment. While Pepe remains a popular meme coin and BlockDAG offers unique opportunities for developers, MOONHOP could very well be the sleeper hit of 2024.

Why should you consider buying MOONHOP coins? Beyond the undeniable appeal of its cute theme, the project promises significant growth potential, akin to the rapid multiplication of its rabbit inspiration. Join MOONHOP on its journey to the moon and beyond!

Join MOONHOP Presale Now:

Website: MOONHOP.io

Presale: https://MOONHOP.io/buy

Twitter: https://twitter.com/MOONHOPcoin

Telegram: https://t.me/MOONHOPcoin

See more here:
MOONHOP: Discover the Meme Coin Destined to Multiply Your Investment Ahead of Pepe and BlockDAG - NFTevening.com

Pepe rises over 30% in a week as Pepe Unchained raises $4M in ICO – Cointelegraph

Pepe (PEPE) has experienced a surprise 34% surge in the past week, sparking interest once again in the popular frog-themed token.

At the same time, a new meme coin project called Pepe Unchained (PEPU) is starting to make a name for itself by raising over $4 million during its ICO phase.

PEPE is making headlines once again.

Currently trading at $0.0000119, PEPE has reached its highest value since June 28, marking a 62% climb from its local low on July 5.

And PEPEs technicals suggest it could keep pushing higher.

The token has logged four consecutive green closes a feat not seen since early May.

PEPE also breached its 50-day exponential moving average (EMA) on Monday.

The next hurdle is at $0.0000133, which has previously served as a strong resistance level.

Trading activity has picked up alongside PEPEs price surge.

In the past 24 hours, PEPEs spot trading volumes topped $1.7 billion, cementing its position as the 9th most traded cryptocurrency in the world.

Its also now the most traded meme coin, outpacing Dogecoin (DOGE) by over $700 million in volume. Ultimately, after several weeks of bearish momentum, PEPE appears to be regaining its footing.

PEPEs rally isnt an isolated incident.

The entire meme coin sector has been green over the past week.

DOGE and Shiba Inu (SHIB), the original meme coins, have both jumped over 16%.

Solana-based dogwifhat (WIF) has outpaced them with a 28% gain.

However, the crown for the biggest gainer goes to Popcat (POPCAT), which soared by 49%.

This widespread rally has pushed the total meme coin market value back above $51 billion.

Also, over $8 billion in trading volume was recorded in the past 24 hours alone.

The resurgence is driven by investors once again embracing risk-on assets like meme coins.

And this shift in market sentiment coincides with recent geopolitical events.

A failed assassination attempt on former U.S. President Donald Trump over the weekend seems to have sparked renewed interest in high-risk investments.

Some speculate that this assassination attempt has boosted Trumps chances of winning the upcoming election in November.

Since Trump is supportive of crypto, the whole crypto market (including meme coins) has gone up in value.

While established meme coins are rebounding, newcomer Pepe Unchained (PEPU) is entering the market with a fresh approach.

This project has raised over $4 million in its ICO and caught the attention of retail investors in the process.

The main reason is that Pepe Unchained isnt just another frog-themed token.

The developers aim to build a specialized layer-2 blockchain network for meme coins, potentially solving issues like high fees and slow transactions.

For example, imagine buying $100 worth of a meme coin on Ethereum and losing $10 to transaction fees.

Pepe Unchaineds layer-2 solution could reduce those fees to cents.

And this would make small trades more viable great news for active traders.

The layer-2 network could also speed up transactions from minutes to milliseconds, allowing traders to capitalize on viral moments without congestion.

Pepe Unchaineds early ICO success indicates investors are interested in this idea.

More than 7,100 people now follow the projects Twitter page, while Pepe Unchaineds Telegram channel also has thousands of members.

Even popular YouTuber Matthew Perry has mentioned the project.

As with any new crypto project, Pepe Unchained will need to deliver on its promises to maintain this positive momentum after its launch.

But for now, its an interesting example of innovation in the meme coin market.

Disclaimer. This publication is sponsored. Cointelegraph does not endorse or assume responsibility for the content, accuracy, quality, advertising, products, or other materials on this web page. Readers are advised to conduct their own research before engaging with any company mentioned. Please note that the featured information is not intended as, and shall not be understood or construed as legal, tax, investment, financial, or other advice. Nothing contained on this web page constitutes a solicitation, recommendation, endorsement, or offer by Cointelegraph or any third party service provider to buy or sell any cryptoassets or other financial instruments. Crypto assets are a high-risk investment. You should consider whether you understand the possibility of losing money due to leverage. None of the material should be considered as investment advice. Cointelegraph shall not be held liable, directly or indirectly, for any damages or losses arising from the use or reliance on any content, goods, or services featured on this web page.

More:
Pepe rises over 30% in a week as Pepe Unchained raises $4M in ICO - Cointelegraph

Pepe Falls Hard as a $3.2 Million Rival Emerges – Cryptonews

Last updated: July 12, 2024, 12:46 EDT | 2 min read

The top frog, Pepe, is in hot water as PEPEs price falters, losing its stronghold above a crucial support level. With the price analysis predicting a further decline, a competitor is seizing the opportunity to make waves.

This article will provide an analysis of PEPEs current price trends and look to see whether a viral new Pepe competitor represents a more promising investment opportunity at this time.

With prominent traders on Crypto X (formerly Twitter) now calling bearish sentiment on the PEPE chart, it seems likely that this downside move will continue to rinse holders.

As Pepe price battles downside trajectory, the coin is currently trading at a market price of $0.00000885 (representing a 24-hour change of -0.45%).

This comes as PEPE tumbled from its accumulation zone and attempted consolidation above $0.00009 in a calamitous drop that has destroyed any remaining bullish chart structure for the top FROG.

Critically, losing the support of the 20DMA has left the price especially vulnerable to further free-fall the last time this happened on July 2nd PEPE dropped -33% before fighting back above the key MA.

Meanwhile, the RSI indicator has shifted to strong bullish divergence amid the downtrend, with huge upside capacity available however, its worth noting this indicator can often stay decisive longer than traders can stay liquid so dont rely on this.

To the downside, the price might now be on course to drop down to lower support at $0.00000575 (a possible -35%).

While to the upside, PEPE could mount a move back above the 20DMA to $0.0000095 (a potential +7.34%).

This leaves Pepe with a risk: reward at 0.21 a terrible entry into the weekend.

But despite downside for the top Frog, retail investor interest and buy-volumes show no signs of slowing down in the PEPU presale.

Its no secret that presales have caught flack in the 2024 market; scammy developers across the Solana space have made a killing in recent months enticing investors to participate in meme coin presales only to rug the projects.

This is a scourge that must be banished from the crypto space. At its heart, it is an issue driven primarily by coins lacking the utility needed to sustain strong buy pressure.

This utility aspect explains why a jaw-dropping $3.31M has already been raised for PEPU.

The best way to think of Pepe Unchained is Pepe 2.0, a highly scalable layer-2 solution that enables ultra-cheap deployment.

Sound familiar? Thats because the second-biggest meme coin, Shiba Inu, has already done something similar with the deployment of Shibarium last year to great success.

So dont miss this chance to get in early on the next major play in the Pepe community.

Buy PEPU Here

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

Read the original post:
Pepe Falls Hard as a $3.2 Million Rival Emerges - Cryptonews