CryptoMediaClub
Monday, June 16, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Blockchain

PEPE Token’s Remarkable Recovery Amidst Crypto Market Turmoil

29.09.2023
A A
0
122
VIEWS
ShareShare

In a surprising turn of events, the PEPE token has emerged as one of the crypto market’s top performers over the past week. This resurgence comes after a prolonged decline that saw the meme coin plummet nearly 90% below its June 2023 all-time high. The sudden reversal has astonished and intrigued the market, especially given the broader crypto market’s recent struggles.

Let’s delve into the social discussions surrounding this unique token to decipher why PEPE’s rally amidst a sea of crypto market declines. Notably, an on-chain tracker, Santiment, has released a report highlighting top meme coins’ social media discussion trends.

According to Santiment’s report, shared on social media platform X (formerly Twitter), meme coins had fallen mainly off traders’ radar, except for PEPE. The chart vividly illustrates that discussions around the PEPE meme token experienced a significant uptick during the week.

PEPE is the only meme coin whose social media discussions have risen during this period. Contrastingly, currencies like Dogecoin have witnessed their discussion metrics plummet to three-year lows. This surge in social media engagement could be the driving force behind PEPE’s price recovery.

When investors become intrigued by a coin, they often discuss it on social media. These discussions can sway the coin’s price depending on the bullish or bearish sentiment. In the current scenario, the surge in discussions aligns with the price increase, indicating a heightened level of bullish sentiment surrounding PEPE.

PEPE experienced a double-digit surge during this week’s rally, reaching a local peak of $0.00000075 on Wednesday. This peak marked one of its highest levels in September 2023. While the rally has lost momentum, the meme coin retains a significant portion of its gains.

On the weekly chart, PEPE’s price has soared by more than 16%, accompanied by an impressive 92% surge in daily trading volume over the last 24 hours. This surge in trading volume reflects a growing investor interest, hinting at the potential for the rally to continue once a correction finds its bottom.

However, amidst the prevailing bearish sentiment that still engulfs much of the crypto market, the sustainability of this rally remains uncertain. The key challenge lies in establishing support above $0.00000071. Failure to do so could result in this week’s gains being wiped out by the end of the weekend, underscoring the fragile nature of crypto markets in turbulent times.

The post PEPE Token’s Remarkable Recovery Amidst Crypto Market Turmoil appeared first on BitcoinWorld.

Share9Tweet6ShareSharePin2

Related Posts

Major Leap: Upbit’s Banking Partner Joins Forces for South Korea Blockchain Advancement and Stablecoin Study
Blockchain

Major Leap: Upbit’s Banking Partner Joins Forces for South Korea Blockchain Advancement and Stablecoin Study

13.06.2025
0

Skip to content

Read moreDetails
Binance Alpha Spotlights Promising Pundi AI on Early Crypto Platform

Binance Alpha Spotlights Promising Pundi AI on Early Crypto Platform

12.06.2025
Chainlink CBDC Pilot: Pioneering Secure Digital Currency Exchange

Chainlink CBDC Pilot: Pioneering Secure Digital Currency Exchange

10.06.2025
TRUMP Memecoin: Eric Trump Announces Significant WLFI Investment Plan

TRUMP Memecoin: Eric Trump Announces Significant WLFI Investment Plan

07.06.2025
Accelerate: Sui and Dubai VARA Partner to Boost Crypto Startups

Accelerate: Sui and Dubai VARA Partner to Boost Crypto Startups

05.06.2025
Load More
Next Post
Bitcoin’s Stagnancy Could Signal an Upcoming Surge: Insights from Rekt Capital

Bitcoin’s Stagnancy Could Signal an Upcoming Surge: Insights from Rekt Capital

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Is SOL Ready for a New ATH? Solana Records Close to Half of All Blockchain Activity This Bull Run

Is SOL Ready for a New ATH? Solana Records Close to Half of All Blockchain Activity This Bull Run

7 months ago
Bitcoin Price Prediction as Less Than Two Weeks Remain Until Bitcoin ‘Halving’ Event – $100,000 Incoming?

Bitcoin Price Prediction as Less Than Two Weeks Remain Until Bitcoin ‘Halving’ Event – $100,000 Incoming?

1 year ago
AI Eye: Get better results being nice to ChatGPT, AI fake child porn debate, Amazon’s AI reviews

AI Eye: Get better results being nice to ChatGPT, AI fake child porn debate, Amazon’s AI reviews

2 years ago
Bitcoin Price Prediction: BTC Eyes $60,000 Amid Market Optimism and Halving Event

Bitcoin Price Prediction: BTC Eyes $60,000 Amid Market Optimism and Halving Event

1 year ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

XRP Price Prediction: Down 2.6% This Week – Is a Reversal Brewing for XRP?

Forget Just Gold, Bitcoin Is Coming for $30T Bond Market Too: Bitwise CEO

Missed $PEPE or $WIF? Snorter Helps You Win the Meme Coin Game – ICO Hits $900K 

Trump’s Crypto Bet Pays Off: Over $600M Reported in 2024 Earnings

Missed $PEPE or $WIF? Snorter Helps You Win the Meme Coin Game – ICO Hits $900K 

Missed $PEPE or $WIF? Snorter Helps You Win the Meme Coin Game – ICO Hits $900K 

Trending

Russia Paid Teenage Spies in Bitcoin, Blockchain Forensics Reveal
All news

Russia Paid Teenage Spies in Bitcoin, Blockchain Forensics Reveal

16.06.2025
0

Russian intelligence agencies are increasingly relying on Bitcoin to fund covert operations across Europe, including the recruitment...

Bitcoin Price Prediction: BTC Approaches Key Inflection Point – What’s Next?

Bitcoin Price Prediction: BTC Approaches Key Inflection Point – What’s Next?

15.06.2025
Ethereum Price Prediction: Investor Snaps Up $127 Million in ETH – Contrarian Play?

Ethereum Price Prediction: Investor Snaps Up $127 Million in ETH – Contrarian Play?

15.06.2025
XRP Price Prediction: Down 2.6% This Week – Is a Reversal Brewing for XRP?

XRP Price Prediction: Down 2.6% This Week – Is a Reversal Brewing for XRP?

15.06.2025
Forget Just Gold, Bitcoin Is Coming for $30T Bond Market Too: Bitwise CEO

Forget Just Gold, Bitcoin Is Coming for $30T Bond Market Too: Bitwise CEO

15.06.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz