CryptoMediaClub
Saturday, August 2, 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 All news

$2 Billion Floods Into PEPE – Could a $1 Whale-Driven Pump Be Closer Than You Think?

15.10.2024
A A
0
121
VIEWS
ShareShare

Over the past 24-hours more than $2bn in trading volume has flooded into Pepe, yet, while technical analysis points to a breakout – closed PEPE price analysis reveals worrying signs.

In this article, deep-dive into the latest Pepe price trends and discover whether it could be the best meme coin to hold amid the flourishing meme super cycle.

As Pepe sits proudly as the King of Frog coins, it is currently ranked as the #29th biggest cryptocurrency, with a strong position as the 3rd biggest meme coin (by market cap).

=#PEPE is gearing up for a powerful breakout from this symmetrical triangle formation on the 4H chart. With rising volume and a strong push above the resistance line, we’re looking at a potential 40-50% surge in the short term. The momentum is building, and a big move is… pic.twitter.com/LZYNeDK2Cy

— Moon Whales (@Moon_Whales_) October 14, 2024

Indeed, PEPE currently dwarfs its nearest rival, DogWifHat, by a staggering $2Bn. The technical structure is alluring to many retail traders, with price action seemingly poised for a major breakout that could see Pepe aim for Shiba Inu coin’s second-place position.

The Bull Theory: Could Pepe Be On The Verge of a Breakout?

Pepe trades in strong technical form, as PEPE currently stands at a market price of $0.00001055 (representing a 24-hour change of -3.58%).

This comes as the PEPE price remains in a bullish pendant, formed between well-defended support at $0.0000085 and a tough area of upside resistance at $0.000011.

At present, PEPE price is teasing a break to the upside, following a much-needed consolidation, which has seen Pepe cement position above the 20DMA following a successful retest of support earlier this morning.

Moving averages back the bull case, following a corrective ‘golden cross’ pattern that emerged between the 20DMA and 200DMA over the weekend.

The solid defense of the 20DMA earlier this morning left price squeezed between the descendant upper trendline and support, which is likely to trigger a breakout to the upside in the coming days, especially if price is continually bolstered by multi-billion trade volumes.

This could see the PEPE price ascend to its next price target at $0.000013 (a +23.5% move from here).

The Bear Theory: Is PEPE’s Price About to Get Flushed Out?

But while many are hopeful of an upside breakout on the horizon, there are tangible reasons to be fearful about the trajectory of Pepe price in the coming weeks.

At the heart of fears is the idea that much of Pepe’s recent upside has been fuelled by aggregate open interest, which has surged amid talk of a meme coin super cycle powered primarily by taker-buy positions.

This is concerning, as it explains why PEPE price has been able to climb, despite sell pressure dominating Pepe’s volumes over the past week (representing 52% of transactions).

If the PEPE price is increasing while spot holders are selling, this, in the best case, suggests unhealthy moves to the upside and, in the worst case, suggests a mighty correction is well on its way as market makers seek to flush out over-leveraged traders.

Further concerns emerge regarding the high-time frame, with bullish hopes of breaking up to the $0.000013 price level, forgetting the serious ceiling of resistance that hangs over the chart.

Indeed, PEPE price has rejected from resistance between $0.000013 – $0.000014 on three occasions since June 2024 – adding to the fear of holders that Pepe could have reached its limit unless Bitcoin makes a new all-time high/

Pepe Unchained Is About to Smash $20M In the Biggest Raise of Q4 2024

But while PEPE holders battle the FUD, side-lined retail traders aren’t likely to appetize by a meager +23.5% move in the midst of such a juicy meme coin super cycle.

Indeed, with Pepe already hovering above the $4bn market cap mark, it stands to reason that an entry at this point in the cycle would field relatively small returns.

Yet, PEPE crypto isn’t the only frog in the meme coin ecosystem. Despite its market success, Pepe is limited in growth—it is stuck on the clunky ERC-20 token standard with no real ecosystem to speak of.

That’s where Pepe Unchained is stepping in to step up the frog coin game.

What’s Pepe Unchained and How Will PEPU Token Supercharge the Pepe Ecosystem?

The idea is simple; Pepe is the third biggest meme coin – it needs its own blockchain – but not a slow an expensive chain like Ethereum; it needs something cheap and scale that can stimulate high-octane meme coin development alongside quick, cool dApps.

It needs a Pepe Layer-2.

In fact that’s the simplest way to understand this project, you can think of Pepe Unchained as a standalone version of Shiba Inu’s Shibarium layer-2.

Another massive milestone hit!
Builders ready? We've got something exciting coming!😉 pic.twitter.com/yD516Iys3G

— Pepe Unchained (@pepe_unchained) October 14, 2024

At the heart of this is some serious planning and development, namely through the launch of a plethora of planned dApps, including a critical cross-chain bridge, a block explorer, and perhaps most excitingly of all, a new developers grant fund (humorously named ‘Frens with Benefits‘).

To top it off, you can profit from this venture, with the Pepe Unchained team offering early-bird access to a near viral $PEPU token presale – which has currently raised a jaw-dropping $18.75M.

Better yet? When you invest in the $PEPU presale using Ethereum, USDT, or a simple VISA card, you can instantly stake your $PEPU presale tokens for an additional market-beating 116% APY.

So don’t miss out. Stay current by engaging with the Pepe Unchained community on X and Telegram.

Find Out More About Pepe Unchained Here

The post $2 Billion Floods Into PEPE – Could a $1 Whale-Driven Pump Be Closer Than You Think? appeared first on Cryptonews.

Share9Tweet6ShareSharePin2

Related Posts

Bitcoin Plunges Below $115K Amid Trump Nuclear Threats and Fed Shake-Up
All news

Bitcoin Plunges Below $115K Amid Trump Nuclear Threats and Fed Shake-Up

02.08.2025
0

Bitcoin plunged below $115,000 on Friday as renewed political pressure from former President Donald Trump unsettled markets. The top cryptocurrency...

Read moreDetails
Perplexity AI Predicts the Price of XRP, Shiba Inu and Pepe by the End of 2025

Perplexity AI Predicts the Price of XRP, Shiba Inu and Pepe by the End of 2025

02.08.2025
Why The GENIUS Act May Benefit RWA Tokenization Companies The Most

Why The GENIUS Act May Benefit RWA Tokenization Companies The Most

01.08.2025
ChatGPT’s 26-Indicator ETH Analysis Shows EMA Support Above $3,540 as BlackRock ETF Inflows Hit $29.83M

ChatGPT’s 26-Indicator ETH Analysis Shows EMA Support Above $3,540 as BlackRock ETF Inflows Hit $29.83M

01.08.2025
Visa Expands Crypto Capabilities of Its DLT Platform

Visa Expands Crypto Capabilities of Its DLT Platform

01.08.2025
Load More
Next Post
Best Crypto to Buy Now October 15 – MEW, Hedera, Fantom

Best Crypto to Buy Now October 15 – MEW, Hedera, Fantom

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

Recommended

Bitcoin Price Prediction: Trades at $61,000 Amid Hawkish Fed Outlook; What’s Next?

Bitcoin Price Prediction: Trades at $61,000 Amid Hawkish Fed Outlook; What’s Next?

1 year ago
Bitcoin Price Nears $58,000; U.S. Retail Sales Surge and Job Data Surprise

Bitcoin Price Nears $58,000; U.S. Retail Sales Surge and Job Data Surprise

12 months ago

Roobet Cup Launches $1 Million Pick-em Contest and CS2 Skin Giveaway on Free-to-Play Roobet.fun

2 years ago
UAE signs deal to develop carbon credit system on Venom Foundation blockchain

UAE signs deal to develop carbon credit system on Venom Foundation blockchain

2 years ago

Categories

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

Highlights

Perplexity AI Predicts the Price of XRP, Shiba Inu and Pepe by the End of 2025

Why The GENIUS Act May Benefit RWA Tokenization Companies The Most

ChatGPT’s 26-Indicator ETH Analysis Shows EMA Support Above $3,540 as BlackRock ETF Inflows Hit $29.83M

Visa Expands Crypto Capabilities of Its DLT Platform

WEPE Pullback Finds Strong Support Before New Test of Resistance at $0.0001249

Tourists in South Korea to Exchange USDT via Crypto ATMs

Trending

DEX trading volume tops $1T for the first time in July, Hyperliquid leads record perp surge
Analysis

DEX trading volume tops $1T for the first time in July, Hyperliquid leads record perp surge

02.08.2025
0

Decentralized exchanges (DEX) reached $1 trillion in monthly trading volume for the first time in July. According...

Bitcoin Plunges Below $115K Amid Trump Nuclear Threats and Fed Shake-Up

Bitcoin Plunges Below $115K Amid Trump Nuclear Threats and Fed Shake-Up

02.08.2025
Crypto tokens explode from 20k in 2022 to 18.9M following launchpad frenzy on Solana, Base, BSC

Crypto tokens explode from 20k in 2022 to 18.9M following launchpad frenzy on Solana, Base, BSC

02.08.2025
Perplexity AI Predicts the Price of XRP, Shiba Inu and Pepe by the End of 2025

Perplexity AI Predicts the Price of XRP, Shiba Inu and Pepe by the End of 2025

02.08.2025
Why The GENIUS Act May Benefit RWA Tokenization Companies The Most

Why The GENIUS Act May Benefit RWA Tokenization Companies The Most

01.08.2025
  • 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