CryptoMediaClub
Tuesday, July 8, 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

Pepe Price Prediction as PEPE Hits ATH – Time to Buy?

05.03.2024
A A
0
127
VIEWS
ShareShare

PEPE hit an all-time high (ATH) of $0.058518 in the early hours UTC today.

The third largest meme coin by market capitalization has since pulled back by about 15% and changes hands at $0.057456 as of this writing.

PEPE has had a monumental month. In the last thirty days it ballooned 723.7%.

These gains were spread throughout the whole month, with the last fortnight adding 533.1% and the last seven days accounting for a price appreciation of 248.3%.

The only other meme coin among the largest by market capitalization that rallied harder in the last seven days was Shiba Inu (SHIB). Shib rallied 281.1% to trade at $0.00003991 currently.

Broadly speaking, this month’s rally of the meme coins was carried off the back of a marketwide rally.

Bitcoin rose 56% in the last 30 days, while Ethereum rose 61% over the same period.

That meme coins were pumping harder indicates just how popular crypto is getting again now that investors are willing to take riskier positions and bet on tokens with little-to-no underlying utility except as a theoretical store of value.

A glance at PEPE’s chart over the last three months shows that the explosive price action began at the end of February.

There have since been frequent cup-and-handle patterns skywards, indicating a very bullish cycle of buying followed by periods of market consolidation.

PEPE has a Relative Strength Index (RSI) of 53, which means the market has priced its value in well at this point.

It also suggests there’s room for further rallies so long as Bitcoin and Ethereum can continue sustaining mainstream demand through the upcoming Bitcoin halving and Ethereum ETF industry milestones.

Source: TradingView

While Everyone FOMOs PEPE’s ATH, Look Into SPONGE!

With mouth-watering rallies all month long, it’s a valid question whether meme coins are worth investing in. Crypto is already highly speculative and it can be quite volatile too.

The short answer is that every investor needs to do their homework.

The promise of buying tokens on the blockchain is similar to the promise of buying shares in a company. Each investor needs to be sure the project they’re backing is good or useful.

However, meme coins often offer little value outside their cultural capital, which increases or decreases together with the popularity of the underlying meme.

Dogecoin (DOGE) is a classic only because it has first-move advantage and originality on its side. As a store of value its vastly outbeaten by Bitcoin and as a commercially important blockchain it’s got nothing on Ethereum. It mainly leans on its brand.

One token that offers more than just laughs is SPONGE. In addition to being the hottest new meme coin, it also underlies an ecosystem with utility.

SPONGE is an ERC-2o standard token created on Ethereum. It recently upgraded (and migrated) to a V2 on Polygon, an Ethereum Layer 2 scaling solution.

The team also introduced a couple of key improvements alongside the upgrade, including a new staking model that offers a minimum yield of 40% APY.

This yield is currently sitting at just around 623%. This figure varies according to the number of stakers and tokens locked up.

SPONGE also powers an upcoming racing game where players compete against each other to earn SPONGE rewards.

Buy And Stake SPONGE On The Website

The post Pepe Price Prediction as PEPE Hits ATH – Time to Buy? appeared first on Cryptonews.

Share10Tweet6ShareSharePin2

Related Posts

Vitalik Buterin Urges Crypto to Embrace ‘Copyleft’ Licensing to Revive Open-Source Ethos
All news

Vitalik Buterin Urges Crypto to Embrace ‘Copyleft’ Licensing to Revive Open-Source Ethos

08.07.2025
0

Ethereum co-founder Vitalik Buterin has called on the crypto community to shift toward “copyleft” licensing, arguing that the sector is...

Read moreDetails
[LIVE] Crypto News Today: Latest Updates for July 8, 2025 — Nasdaq-Listed Murano Global Adopts Bitcoin Treasury Strategy With $500M Backing

[LIVE] Crypto News Today: Latest Updates for July 8, 2025 — Nasdaq-Listed Murano Global Adopts Bitcoin Treasury Strategy With $500M Backing

08.07.2025
Software Developer Polaris Office Joins South Korea’s Stablecoin Craze

Software Developer Polaris Office Joins South Korea’s Stablecoin Craze

08.07.2025
London Duo Jailed for $2 Million Crypto Scheme

London Duo Jailed for $2 Million Crypto Scheme

08.07.2025
ChatGPT’s 42-Signal TON Analysis Flags Critical $2.70 Support Collapse After UAE Golden Visa Scandal

ChatGPT’s 42-Signal TON Analysis Flags Critical $2.70 Support Collapse After UAE Golden Visa Scandal

08.07.2025
Load More
Next Post
Web3 Registrar Orange Domains Combines BNS and DNS

Web3 Registrar Orange Domains Combines BNS and DNS

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

Recommended

CCIP Simplified Settlement of Tokenized Assets in Australia

CCIP Simplified Settlement of Tokenized Assets in Australia

1 year ago
Bitcoin Mining Firm Bitfarm Regains Nasdaq Listing Requirements

Bitcoin Mining Firm Bitfarm Regains Nasdaq Listing Requirements

2 years ago

Bear Market Effect: Bitcoin Addresses Holding Over 1,000 BTC Drop to a 4-Year Low

2 years ago
zkSync Era’s ‘elegant’ fix for 921 ETH ‘stuck forever’ in smart contract

zkSync Era’s ‘elegant’ fix for 921 ETH ‘stuck forever’ in smart contract

2 years ago

Categories

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

Highlights

London Duo Jailed for $2 Million Crypto Scheme

Bitcoin remains stuck in $100k-$110k band as retail and whales enter potential standoff

ChatGPT’s 42-Signal TON Analysis Flags Critical $2.70 Support Collapse After UAE Golden Visa Scandal

Pi Coin Price Prediction: Daily Volume Collapses Below $100M – Are Whales Dumping and Vanishing for Good?

DDC Enterprise’s Bold Bitcoin Move: Boosting Holdings to 368 BTC Signals Strategic Shift

BONK’s SOL Buying Spree Counters Pump.Fun $741M Sell-off – Can LetsBONK Trigger 70% Pump?

Trending

Vitalik Buterin Urges Crypto to Embrace ‘Copyleft’ Licensing to Revive Open-Source Ethos
All news

Vitalik Buterin Urges Crypto to Embrace ‘Copyleft’ Licensing to Revive Open-Source Ethos

08.07.2025
0

Ethereum co-founder Vitalik Buterin has called on the crypto community to shift toward “copyleft” licensing, arguing that...

[LIVE] Crypto News Today: Latest Updates for July 8, 2025 — Nasdaq-Listed Murano Global Adopts Bitcoin Treasury Strategy With $500M Backing

[LIVE] Crypto News Today: Latest Updates for July 8, 2025 — Nasdaq-Listed Murano Global Adopts Bitcoin Treasury Strategy With $500M Backing

08.07.2025
Software Developer Polaris Office Joins South Korea’s Stablecoin Craze

Software Developer Polaris Office Joins South Korea’s Stablecoin Craze

08.07.2025
London Duo Jailed for $2 Million Crypto Scheme

London Duo Jailed for $2 Million Crypto Scheme

08.07.2025
Bitcoin remains stuck in $100k-$110k band as retail and whales enter potential standoff

Bitcoin remains stuck in $100k-$110k band as retail and whales enter potential standoff

08.07.2025
  • 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