COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: PEPE: The Rising Star Among Meme Coins
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Meme Token > PEPE: The Rising Star Among Meme Coins
Meme Token

PEPE: The Rising Star Among Meme Coins

In Brief

  • PEPE, the third-largest memecoin, surged nearly 800% last month.

  • Investor confidence grows as PEPE's holder count surpasses 25,000.

  • On-chain data and analysis suggest PEPE may reach all-time highs soon.

COINTURK NEWS
COINTURK NEWS 1 year ago
Share
SHARE

DOGE and SHIB‘s successor in terms of market value, the third-largest memecoin project PEPE, soared nearly 800% last month. The frog-themed coin now boasts a market value of nearly 3 billion dollars. Despite this growth, can the rise continue? On-chain data and technical analysis indicate that PEPE’s price may soon reach all-time highs.

Contents
Noteworthy Details About PEPEPEPE Chart Analysis

Noteworthy Details About PEPE

The number of PEPE holders has risen above 25,000 in two weeks, signaling growing confidence in the currency. This influx of new investors lays a solid foundation for sustained upward price pressure. Interestingly, this growth trend does not seem to be slowing down, so we can expect the number of PEPE holders to increase further in the coming days.

As of February 6th, PEPE had about 150,000 holders. By March 8th, this number had risen to 175,000. A 16% increase in holders in less than two weeks for such a significant asset is impressive. The last time PEPE gained so many holders in a short period, its price doubled within 15 days.

Currently, an impressive 86% of PEPE holders are in profit, which corresponds to approximately 160,000 addresses. Just five days ago, this number was slightly higher at 91%. Considering the influx of new holders diving into the market amidst the token’s rising momentum, such a decline is expected and normal.

An interesting point to note is that a large number of profitable addresses can sometimes indicate potential downward trends. This happens when many holders decide to cash in their gains as they see their investments increase. Such actions can lead to increased selling activity, negatively impacting the token’s value.

However, the scenario for PEPE seems more optimistic. Despite the recent price increase attracting new buyers, a significant portion of these investors appears inclined to hold onto their assets. They seem to be aiming for even greater profits by speculating that the cryptocurrency will reach unprecedented levels. This group of investors is likely motivated by the belief that they too can join the ranks of profitable holders if they anticipate further price increases.

PEPE Chart Analysis

PEPE’s potential to continue its upward journey is quite high. If PEPE successfully surpasses the resistance level of $0.0000089, it is poised to enter a new upward trajectory, potentially reaching the milestone level of $0.00001 in the near future. Reaching this price would mark a historic moment for PEPE, as it would be the first time reaching a four-zero price.

EMA (Exponential Moving Average) data serves as a dynamic indicator, symbolizing the interaction between short-term market sentiment and confirmation of long-term trends. On the other hand, moving averages help to smooth out price volatility. They provide investors with a clearer insight into potential support and resistance areas, facilitating more informed decision-making.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

BNB Chain Dominates Memecoin Transactions with Speed and Low Costs

Eric Trump Makes a Bold Move with Major Investment in Meme Coin

Fartcoin Surges as Crypto Market Stumbles

Investors Brace for Major Cryptocurrency Price Swings This Week

Altcoins Surge as MELANIA Token Climbs Higher

COINTURK NEWS 11 March, 2024 - 2:02 am 11 March, 2024 - 2:02 am
Share This Article
Facebook Twitter
Share
Previous Article Altcoin Watch: Stacks and Mantle Surge Ahead in the Crypto Market
Next Article BlackRock’s Bitcoin ETF Surpasses MicroStrategy’s Holdings
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

You Won’t Believe How Companies Amass Billions in Cryptocurrency!
Cryptocurrency News
Cryptocurrencies Face a Tidal Wave of Potential Collapse
Cryptocurrency News
Massive Data Breach Threatens Cryptocurrency Investors’ Security
Cryptocurrency Security
Crypto Market Trends Defy Expectations: What Lies Ahead for ICP and SOL?
Technical Analysis
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?