The memecoin market's downturn seems like a typical adjustment seen before Bitcoin halvings, yet more downside is possible.
PEPE Crypto News
The meme cryptocurrency PEPE, also known as Pepecoin by some, is a digital currency based on the internet meme character Pepe the Frog. Created by Matt Furie, the Pepe character gained massive popularity as a humorous meme.
The PEPE cryptocurrency was created in 2023 as a deflationary memecoin and quickly gathered a community around it, but it serves “entertainment purposes only” according to its website. The history of the PEPE coin is very recent, and the PEPE founder remains anonymous.
If you are interested in buying PEPE coins, it is listed on several popular centralized exchanges (CEXs) and decentralized exchanges (DEXs). The price of PEPE is volatile, and memecoin trading is seen as highly risky.
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Crypto traders and several metrics suggest that an altcoin season is about to begin.
14705Pepe’s price has risen nearly 400% in the past week, and its market cap has doubled in the past two days.
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11523The dog-themed token has surged to become the third-largest memecoin overall.
41807Cointelegraph Markets Pro hands investors breaking alerts leading to multiple double-digit trades in a “dead” crypto market.
22587FLOKI’s gains coincide with the launch of its tokenization platform, TokenFi, but is the rally sustainable?
5158Some crypto market observers believe a rush into memecoin PEPE could herald an impending Bitcoin dump, but not everyone is convinced.
15783The crypto community on X is on edge over cryptic posts by Ripple’s chief technology officer and X itself.
6843A mix of on-chain, fundamental and technical indicators hint at a continuing Pepe price decline ahead.
2884Cointelegraph also spoke to developers purportedly behind a new PEPE token spin-off, who claim the new one is everything “the old Pepe token should have been.”
11886This week, The Market Report discusses Grayscale’s victory against the SEC, the impact of Evergrande’s bankruptcy, and what happened to the 16 trillion PEPE tokens reportedly stolen.
3604Some Pepecoin hopefuls eye a massive PEPE price rebound, with on-chain data showing strong accumulation in recent days.
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