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#eth #solana #btc #memecoin #sol #solana memecoins #cryptocurrency market news #solusdt #crypto market recovery #crypto analyst #crypto trader #crypto bull run 2025 #sol breakout #sol analysis #sol ath

Solana (SOL) has recorded a significant rally over the past week, reclaiming the $160 area and attempting to hold its last major resistance. Some analysts suggest that if bullish momentum continues, the altcoin will run to new highs once this level is recovered. Related Reading: 2025 Crypto Thefts Spike: Stolen Funds Hit $2.7 Billion In H1– Report Solana Attempts $180 Reclaim As the crypto market capitalization nears the $4 trillion mark and Bitcoin (BTC) makes new all-time highs (ATHs), Solana, one of the leading altcoins of this cycle, is retesting crucial levels after climbing nearly 10% over the past week. The cryptocurrency has been compressing between two key levels since the Q2 recovery, trading between the $140-$180 mark for over two months. However, last month’s geopolitical tensions saw SOL briefly lose its local range and retest the $120-$130 area. Amid the July rally, Solana has reclaimed its local range, climbing to the upper boundary and attempting to break above key $180 resistance. Analyst Crypto Jelle noted that, just like Ethereum’s (ETH) $4,000 barrier, this area is the “final major level for bears to defend.” This has been a key level during this cycle, serving as a major bounce area during the Q4 2024 and early 2025 rally. Additionally, it became the most crucial resistance after losing this area in late February, with multiple failed attempts to reclaim it over the past months. Reclaiming this level could propel the token to the $200 mark and set the stage for a continuation to higher levels, the analyst affirmed. Meanwhile, market watcher Froggy highlighted that Solana retested this key zone on Friday, “signaling strong bullish intent.” Nonetheless, the altcoin fell below this level after hitting its two-month high of $184, trading within the $177-179 price range for the past several hours. To the analyst, “as long as $168 holds, a move toward $186–$188 remains likely.” SOL Preparing For Price Discovery? According to Daan Crypto Trades, if SOL breaks above and holds the crucial level, the next area of interest would be around the $220 mark, followed by the $260 barrier. The trader explained that SOL reclaimed the Daily 200 Moving Average (MA) and Exponential Moving Average (EMA) earlier this week, which led to the ongoing retest of the $180 area. He also noted that memecoins are “running well” as SOL-based tokens in the sector have seen a 13.3% weekly increase, according to CoinGecko data. “That generally puts some bid behind SOL,” Daan said, adding that, “As long as memes run, I think SOL does too.” Meanwhile, crypto analyst Alex Clay highlighted that the cryptocurrency has been in a bullish megaphone formation for over a year, and “Once Large Caps catch the Real Bull Run,” Solana will lead the market. During this period, SOL has traded between the upper and the lower boundary, with its latest retest of the pattern’s support occurring in April. Since then, the cryptocurrency has bounced toward the mid-zone of the formation, holding the 50-day EMA, 100-day EMA, and 200-day EMA as dynamic support. Related Reading: Crypto Relief: House Advances GENIUS, CLARITY, Anti-CBDC Bills After Narrow Vote If it continues to move between the pattern’s boundaries, Solana could be poised for a breakout toward the megaphone’s ascending resistance, at around the $350 level. To the analyst, “Breakout of ATH and Price Discovery is inevitable,” with the initial targets sitting around $350-$400. As of this writing, SOL trades at $177, a 2% increase in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

#defi #memecoin #pump fun #crypto ecosystems #pump token #letsbonk

Onchain data shows Pump.fun is using fee income to buy back PUMP tokens in what may be part of a revenue sharing program.

#markets #news #bitcoin #memecoin #market #altcoins #wintermute #institutions

Even inside altcoins, punters are looking at newer tokens like BONK, POPCAT and WIF instead of old-school speculations like DOGE and SHIB.

#markets #news #memecoin #grok

MechaHitler is a fictional cyborg version of Adolf Hitler from the 1992 game Wolfenstein 3D, which gained fame in 90s satire and early internet memes.

#markets #news #memecoin #musk

PNUT, which has no affiliation with the actual squirrel or Musk, saw trading volumes surge over 120% from $65 million to $214 million in a 24-hour period, according to CoinGecko.

#memecoin #web3 #memecoins #pump #crypto ecosystems

LetsBONK became the first Solana memecoin launchpad to dethrone Pump.fun since the latter platform launched in January, 2024.

#dogecoin #memecoin #doge #dogeusd #dogeusdt #ali martinez #ascending trendline

Dogecoin (DOGE) prices have crashed by over 4% in the past month indicating a slightly dominant bearish influence in recent weeks. Similar to the crypto market leader (Bitcoin), the prominent altcoin and memecoin has registered significant market corrections since attaining a local peak of $0.249 on May 22. However, recent revelations by top analyst Ali Martinez has shown a bullish market condition that supports a price rebound for the DOGE market. Related Reading: Analyst Shares Bitcoin Cheat Sheet Showing When The Bull Run Begins DOGE Bulls Eye Return To $0.22 In an X post on July 5, Martinez provides some technical insights into the DOGE market highlighting an important requisite for the altcoin to rediscover its bullish form. Using the daily trading DOGEUSDT chart, the renowned analyst identifies an ascending trendline that stretches to 2023. At multiple instances of a retest, this trendline has acted as an efficient support consistently rejecting a further price decline. According to Martinez’s analysis, Dogecoin is trading around this trendline which presently runs through the $0.150 price level. The analyst explains market bulls must defend this price zone which not only fuels the chances of a price rebound, but essentially prevents a breakdown and complete transition to a bearish market. Interestingly, all retest of the highlighted trendline has always produced a price bounce resulting in a parabolic rally. This event is seen in price surges of $0.059 to $0.210 (≈255% gain) between 2023-2024, and $0.095 to $0.470 (≈395%) in 2024. However, Ali Martinez presents a conservative price target, stating a defence of $0.15 support level supports a quick bullish return to at least $0.220. Nevertheless, in the presence of a strong bullish pressure as seen in previous rallies, DOGE investors may expect a further rise to around $0.24 with a potential to return to the local market peak of $0.47. Related Reading: Litecoin Fate Tied To Bitcoin – Will $96 Resistance Crack? DOGE Price Overview At the time of writing, DOGE trades at $0.164 reflecting a modest price gain of 0.91% and 0.56% on the daily chart and weekly chart, respectively. Meanwhile, the memecoin has recorded a 56.81% crash in its daily trading volume indicating a significant fall in market interest. According to data from price prediction site Coincodex, general sentiment in the DOGE market is bearish. However, investors retain an healthy market demand as evidenced by a Fear & Greed Index of 67 i.e. significant amount of greed. For the short-term, Coincodex analysts expects DOGE to still maintain a price around $0.160 in the next five days while projecting a price gain to $0.193 in a month. Meanwhile, their long-term forecasts show little expected price growth in the far future as indicated by price targets of $0.197 in three months, and $0.169 in six months. Featured image from Pexels, chart from Tradingview

#bitcoin #crypto #btc #memecoin #altcoin #wif #dogwifhat #btcusd

In accordance with recent statistics, Dogwifhat (WIF) jumped 24% in the past 24 hours, moving above $0.85 as Bitcoin broke above $107,000. Traders observed a quick turnaround from levels below $0.72. Active wallets handling WIF jumped by 20%, and daily volume hit over $70 million. All those actions brought the Solana meme coin to within range of the $1.00 mark. Related Reading: Bitcoin Paces $15 Billion YTD Influx Amid 10-Week Fund Flow Streak Network Activity Shoots Up Based on reports, the Dogwifhat network saw a jump in trading volume to over $700 million in the past two days. That level of activity is rare for a token ranked 45th by market cap at about $1.75 billion. It now sits behind Dogecoin and Shiba Inu but outpaces fellow Solana names like FLOKI, PEPE and BONK. A sharp reversal off the $0.70 low got traders’ attention before the current uptick. wif just woke up from hibernation +up 24.1% today mcap: $865M 24h volume: $719M still the dog with the hat still barkin’ louder than the rest pic.twitter.com/RGJzSIJRBO — madmix ???? (@madmixnum) June 24, 2025 Community Funds Billboards And Merch As per community posts, Dogwifhat holders have contributed funds for attention-grabbing billboards and special merchandise drops. Grassroots campaigns rolled out on social media channels, fueling renewed interest. That momentum helped to maintain volume levels over $70 million a day and continued to keep wallet counts rising. Support at $0.81 held firm when the rally began, giving buyers confidence. Technical Breakout Hints At More Gains Based on chart analysis, WIF broke out of a descending wedge on the 4-hour chart. That pattern formed over the past week before prices cleared the $0.83 level on higher trading volume. The Relative Strength Index sits near 60, below overbought territory, suggesting there’s still room to run. Traders now eye a move to $0.90, the next Fibonacci retracement. A push past $1.00 would be the strongest signal yet. Related Reading: Bunker Buster: Ethereum Titans Stake $100 Million Amid US-Iran Hostilities Bitcoin And Solana Link Remains Strong According to market watchers, WIF’s fate is tied to Bitcoin and the wider Solana ecosystem. Maintaining Bitcoin above $105,000 will be crucial for keeping momentum. Any pullback could force WIF back toward support at $0.77 or even the recent floor at $0.71. At the same time, new exchange listings or partnership news could stoke another leg higher. Risk Management Key For Traders According to trading guides, meme coins such as WIF bear large swings. Smart traders are encouraged to place tight stops and control position sizes. A retreat below $0.80 would be a call to exercise caution. In case support fails, prices can test the lower bands once again. But if the coin holds ground, a run at $1.00 could spark fresh buying. Featured image from Pexels, chart from TradingView

#bitcoin #crypto #dogecoin #memecoin #meme coins #doge #altcoins #dogeusd

Dogecoin’s price is back at a crucial line. It’s testing the $0.168 area for a second time since mid‑April. A clear break could send the meme coin spinning lower. Bulls and bears are watching every tick. Related Reading: Record‑High Ethereum Open Interest Signals Institutional Confidence Key Support Under Scrutiny According to crypto expert Ali Charts, Dogecoin fell roughly 30% from its mid‑May high. That slide brought it down to the same $0.168 mark that held as support last April. If prices drop below that level on a weekly close, there are hardly any bids to slow the fall. Below $0.168 lies what traders call a “gap area,” where past buying activity was sparse. That could open the door to steeper losses and fast moves. Cup And Handle Pattern Based on reports, the current chart forms part of a four‑year cup‑and‑handle setup. The lower boundary of a symmetrical triangle sits right where the handle meets its cup. A clean break above the triangle’s upper trendline would point to a target near $0.75. #Dogecoin $DOGE must hold above $0.168 to avoid a 30% price drop! pic.twitter.com/PDhqo7fpcK — Ali (@ali_charts) June 15, 2025 That projection comes from the 1.618 Fibonacci extension of the cup’s depth. Hitting $0.75 would mean a 350% gain from today’s levels. Momentum Indicators Signal Weakness Momentum readings have lost much of their shine. After a brief golden cross in May, the 50‑day moving average slipped under the 200‑day in early June. The MACD line is widening beneath its signal, hinting at longer‑term selling pressure. The RSI sits at 42, under the neutral 50 mark, and drifting lower. Under 50 on the RSI often points to more sellers than buyers. With those readings turning sour, bulls need a strong bounce around $0.168 to stay alive. ETF Decision Could Swing Sentiment All eyes now turn to June 15, when US regulators may rule on a spot Dogecoin ETF. Approval would let traditional money flow in from big funds. A thumbs‑down or a delay, on the other hand, could spark fresh sell‑offs. That decision could make or break the next leg of Dogecoin’s move. Related Reading: Trump Media Makes Moves On Bitcoin And Smartphone – What’s Next? According to CoinCodex data, Dogecoin has recorded 13 out of 30 green days over the past month, with price swings of about 10.57% on average. Their forecast pegs DOGE at $ 0.20 by July 18, a 17% rise from current levels. Market sentiment sits in the neutral zone, and on‑chain signals aren’t flashing clear buy or sell warnings. This week’s action around $0.168 will tell us if Dogecoin can steady itself. Holders and traders should watch volume, weekly closes, and that looming ETF call. If support holds, we may see a rebound. If it breaks, lower levels could come into view fast. Either way, Dogecoin is at a make‑or‑break moment—and everyone will be listening for the next big clue. Featured image from Unsplash, chart from TradingView

#markets #news #memecoin #meme #meme economy

In a flat market, where most tokens promise the moon and deliver a tweet, USELESS has found its niche: no promises, no pretenses — just a meme that’s worth tens of millions.

#markets #news #solana #memecoin

The mass suspension of Pump.fun and other memecoin-linked accounts has stirred speculation of regulatory heat and platform violations, just as the Solana-based launchpad gears up for a billion-dollar token sale.

#markets #news #trading #solana #memecoin

Solana’s hottest memecoins, from FARTCOIN to PNUT, pulled back amid reports that token-factory Pump.fun is lining up a $1 billion raise at a $4 billion fully-diluted valuation.

#markets #news #solana #memecoin

Solana's SOL quickly fell about 2% on the news during late afternoon U.S. hours.

#news #policy #memecoin #donald trump #u.s. congress #u.s. house of representatives

Jamie Raskin, the ranking Democrat on the House panel overseeing the legal system, asked the president to produce the guest list of his private event.

#finance #news #memecoin #justin sun #donald trump

Sun has invested $75 million in World Liberty Financial, a decentralized finance project backed by the Trump family.

#finance #news #sec #memecoin #fbi #hailey welch #top stories

Haliey Welch says she “didn’t know enough about crypto” — despite previously claiming she’d “learned so much” ahead of her failed token launch.

#crypto #dogecoin #memecoin #meme coins #doge #altcoin #altcoins

Dogecoin slipped 7% early this week, wiping out much of its gains from last Friday. But a pair of chart watchers say the pullback could be brief. According to analysis from Jake Wujastyk, the meme token is poised for a sharp climb once key levels hold. Based on reports from fellow analyst Bitcoinsensus, there’s even more upside sketched out on detailed patterns. Related Reading: Bitcoin’s $10K Rhythm: Steady Climb Signals Strong Push To $115K Chart Pattern Signals Potential Breakout Jake Wujastyk spotted a descending triangle that began forming after Dogecoin hit $0.26 on May 11. Prices swung between the upper resistance line and a lower support line, tightening the wedge. Earlier, DOGE surged 8% in a single session, pushing near the top trend line. Daily Trend Break Opportunity on $DOGE ????#Dogecoin has been slightly pulling back in a very healthy manner, preparing for the next major breakout???? The anticipated breakout is expected to happen within the next 7 days, with a retest of the trendline for confirmation. Next… pic.twitter.com/tykuWOfAbs — Bitcoinsensus (@Bitcoinsensus) May 19, 2025 Now the coin has dipped back into the wedge, but it’s still trading between those two lines. If the pattern breaks upward, Wujastyk argues that it could set the stage for a rapid move higher. Volume hasn’t spiked yet, so the setup isn’t sealed. But the shape of the chart suggests potential for a breakout. #Dogecoin There’s no way I couldn’t take this trade with a chart that looks like this. Target is a double here around 45 cents. pic.twitter.com/HxbrFVseiv — Jake Wujastyk (@Jake__Wujastyk) May 18, 2025 Analyst Forecasts Rapid Price Rise Based on reports, Wujastyk expects a “twofold rally” from current levels. That means pushing from around $0.21 today to roughly $0.45. That’s about 114% higher. He’s confident there’s “no way you won’t take a Dogecoin trade” if the chart action holds. His call comes as the token struggles this week, down 7% in one day and flirting with erasing the prior week’s gains. Wujastyk’s bullish view hinges on a bounce off the wedge’s support, followed by a strong push through resistance. If it happens, traders could see quick gains, he says. Mixed Targets Highlight Uncertainty Another voice, analyst Bitcoinsensus, sees a similar move to above $0.40 but on a slightly different pattern. He points to an inverse head‑and‑shoulders that formed between March and early May. Related Reading: Analyst Drops Dogecoin Bombshell: 174% Surge To $0.65 In Sight The left shoulder came from a March 11 low at $0.14, the head from an April 7 dip to $0.13, and the right shoulder near $0.16 on May 6. After the pattern broke out, DOGE hit a trendline that’s capped gains since December’s $0.48 high. Even with a pullback from that supply zone, Bitcoinsensus says a further push could launch Dogecoin back toward $0.42–$0.43 within seven days. Those targets suggest a 100–104% jump from today’s price. Featured image from Unsplash, chart from TradingView

#memecoin #solana memecoin #wif #dogwifhat #wif price #cryptocurrency market news #crypto market recovery #crypto analyst #crypto trader #wifusdt #memecoin frenzy #dogwifhat meme #crypto market corrections

Amid its breakout, Solana memecoin Dogwifhat (WIF) eyes a reclaim of $1.50 and a continuation of its bullish rally. Some analysts suggest that new highs are bound to come if the token holds above a crucial level. Related Reading: Bitcoin Next Leg Up Loading? Analyst Says BTC Could Trade Sideways For Two Weeks Dogwifhat Reclaims $1.00 Over the past month, dogwifhat has seen a massive 190% surge, climbing back to the $1.00 barrier. The memecoin has been in a downtrend since hitting its Q4 2024 high of $4.19 in November, retracing over 92% in five months. After the TRUMP memecoin and LIBRA token controversial launches, the sector faced market exhaustion, with most memecoins struggling during the Q1 2025 retraces. As a result, WIF lost the $1.00 mark for the first time in a year. Amid last month’s pullbacks, dogwifhat hit a 14-month low of $0.32 before the crypto market recovery started, but jumped to the $0.60 support at the end of April. Since then, WIF has soared over 70%, reclaiming the key $1.00 resistance on Monday. This week, the memecoin has hovered between the $1.00-$1.20 price range after hitting a three-month high of $1.32 four days ago. Additionally, it retested the recently reclaimed level as support after bouncing from the $0.95 level on Thursday. Market watcher Rose Premium shared a technical outlook for the cryptocurrency, noting a bullish structure after its recent performance. The trader explained that dogwifhat shows “a classic bullish structure after rebounding from the Fibo Zone,” between the $0.95-$0.98 range. Based on this, WIF’s trend continuation is likely if the memecoin holds the $1.00 level as support. This could propel the token toward an initial target of $1.15, before reclaiming the $1.26 level and finally reclaiming the $1.37 mark. WIF Breakout Eyes $1.50 Trader Coinvo suggested that WIF’s “classic break and re-test pattern” is “guaranteed” to send the memecoin’s price in a parabolic rally. Similarly, analyst Carl Runefelt from The Moon Show affirmed that dogwifhat is “potentially ready to continue its rally to new highs.” Per the chart, WIF has been in a symmetrical triangle pattern over the past week, with price breaking out of the upper boundary after surging above the $1.05 level. According to the formation, the cryptocurrency targets $1.50 if the breakout is confirmed. This level has been a crucial horizontal level, serving as a key bounce area during the 2024 retraces, and could propel dogwifhat to higher targets if reclaimed. Related Reading: Avalanche (AVAX) Eyes 30% Rally Amid Cup-And-Handle Pattern Breakout Meanwhile, analyst The Cryptonomist highlighted a falling wedge pattern in WIF’s lower timeframe chart. The memecoin broke out of the 3-day pattern after today’s bounce, breaking out of the upper boundary after reclaiming the $1.03 mark. The analyst stated that WIF could target the $1.49 resistance area if it holds its current levels and the entire market “goes for another leg up from here.” As of this writing, dogwifhat trades at $0.14, a 1.8% increase in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

#finance #news #memecoin #donald trump #trump

Data from Chainalysis show the creators of the TRUMP token made $320 million in fees while retail investors lost money.

#markets #news #memecoin #elon musk #mog #top stories

The “mog/acc” is quickly gaining ground among everyone from Elon Musk to Garry Tan, a move that bumps the project’s visibility - and eventually prices.

#memecoin #crypto market #solana memecoins #cryptocurrency market news #crypto crash #crypto tokens #pump.fun #total #trump memecoin #memecoin frenzy #president trump #total crypto maket cap #crypto market correction #q1 2025

A recent report revealed that over 50% of all crypto tokens have failed in the past five years, with a significant decrease in token survivability over the past year. Related Reading: Solana: Analysts Forecast Q3 ATH Rally As SOL Retests Make Or Break Level 50% Of Crypto Tokens Have Collapsed On Wednesday, CoinGecko published a report claiming that over half of the tokens registered in its Decentralized Exchange (DEX) tracker, GeckoTerminal, have died in the past five years. The study examined the total number of crypto tokens once listed in the DEX tracker with one trade or more before going defunct. Since 2021, nearly 7 million tokens have been listed in the real-time tracker, with 3.7 million cryptocurrencies no longer actively traded and considered to have failed. As a result, 52.7% of all examined crypto died, 86.5% failing between 2024 and early 2025. According to the report, 49.7% of all recorded project failures between July 2021 and March 2025 occurred in the first quarter of this year. By March 31, 1.8 million tokens had collapsed, representing the highest number of failures recorded in a single year. In 2024, nearly 1.4 million crypto projects failed, accounting for 37.7% of all collapses during the analyzed period. The number of failing projects has significantly increased from 0.5% in 2021 to 25% in 2025’s first three months. Nonetheless, CoinGecko noted that 2024 has the highest number of launches, seeing over 3 million new projects deployed in the crypto market. Since 2021, the total number of projects has skyrocketed by around 1,550%, going from 428,383 listed projects on GeckoTerminal to nearly 7 million crypto projects. Memecoin Frenzy Responsible For Most Failures? The massive increase in token launches was fueled by the launch of the Solana-based memecoin launchpad Pump.fun, which facilitated the deployment of tokens. The platform’s creation led to a “flood of meme coins and low-effort projects entering the market.” Notably, the start of this cycle’s memecoin frenzy saw the launch of hundreds of PolitiFi tokens, celebrity tokens, and scam tokens, with many reaching market capitalizations of hundreds of millions in record time. The report highlighted that crypto failures were in the low six digits before Pump.fun’s launch, with only 12.6% of all dead tokens between 2021 and 2023. By July 2024, reports revealed most celebrity memecoins had crashed over 90% since launch, with the majority essentially “dead.” Related Reading: Monero (XMR) Price Jumps 50% Amid ‘Suspicious’ $330 Million BTC Transfer – Details Amid the Q1 market retraces, most cryptocurrencies have seen a sharp price decline, with some of the strongest tokens retesting monthly and yearly lows. The recent nosedive in token survivability could be related to the market exhaustion and market turbulence, which coincided with the launch of the official TRUMP and MELANIA memecoins and the LIBRA token scandal. “This sharp decline in token survivability may be linked to broader market turbulence, particularly following Donald Trump’s inauguration in January 2025, which coincided with a downturn in the crypto market,” the report concluded. Featured Image from Unsplash.com, Chart from TradingView.com

#markets #news #memecoin #bonk

“I expect the platform's success to surprise many,” well-followed X user @theunipcs “Bonk Guy” told CoinDesk in a Telegram message.

#markets #news #memecoin #donald trump #trump #top stories

U.S. Peesident Donald Trump's memecoin has led to calls for impeachment and inflated its circulating supply in major unlocks. It's still defying gravity.

#markets #news #memecoin #donald trump

The event comes after $300 million worth of TRUMP were unlocked last week, increasing the token's supply.

#markets #news #memecoin #donald trump

Despite the price increase, the token is still down over 88% from its peak and investors have lost a total of $2 billion.

#markets #defi #ether #memecoin #altcoin #dexs #pumpfun #crypto ecosystems #libra memecoin

Falling altcoin prices depressed DeFi TVLs in Q1 2025 while bitcoin dominance grew and trading volumes backpedaled.

#markets #solana #memecoin #market analysis

One trader noted that Fartcoin's face-melting outperformance is the "perfect metaphor" for the current times when even traditional assets trade like a joke.

#finance #memecoin #trump

The token is down by 83% since it launched in January.

#bitcoin #crypto #memecoin #meme coins #pepe #pepecoin

A big player in the world of Pepe coin has cashed out a large chunk of their holdings, causing the price of the meme coin to wobble. This investor, who got in early on Pepe, sold off 150 billion tokens on a crypto exchange, Binance. The sale amounted to about $1.14 million. It’s a significant move that has caught the attention of people who follow the ups and downs of these digital currencies. Related Reading: Bitcoin And Ethereum Face $14 Billion Options Expiry—Market Impact Ahead? Early Investment Pays Off Big The story gets even more interesting when we look at how much this investor initially put into Pepe. Reports say they only spent around $2,184 to buy a massive 1.5 trillion Pepe tokens way back when. A $PEPE OG sold 150B $PEPE($1.14M) again 5 hours ago. This OG spent only $2,184 to buy 1.5T $PEPE($43M at the peak) in the early stage. He sold 1.02T $PEPE for $6.66M, leaving 493B $PEPE($3.64M), with a total profit of $10.3M(4,718x).https://t.co/tyzLr10sGj pic.twitter.com/FD6fFpyqCi — Lookonchain (@lookonchain) March 29, 2025 Now, after selling off some of their stash, this person has already made a profit of $6.66 million. That’s like getting back almost 4,718 times their initial investment. Even after this big sale, they still have a considerable amount of Pepe left – about 493 billion tokens, which are currently worth around $3.64 million. Price Takes A Dip News of this large sale seems to have affected the price of Pepe. Over the last day, the value of the coin dropped by about 4.59%, according to the transaction. Other sources are even reporting a slightly bigger drop, over 5%. Right now, one Pepe coin is trading for about $0.00006976. It’s a reminder that when someone holds a lot of a particular cryptocurrency, their actions can have a real impact on the market price. Market Shows Signs Of Weakness It’s not just this big sale that’s putting pressure on Pepe’s price. The total cryptocurrency market has been moving a bit slow recently, and that’s contributing to the negative trend for Pepe. Although the price is lower, plenty of trading is still going on with Pepe. The trading volume in one day has actually increased by around 3.90% to $421.28 million. That indicates that even with the price decline, individuals are continuing to buy and sell the meme coin. Related Reading: Could XRP Actually Reach $10,000? Expert Weighs In Technical Indicators Point Downward Glancing at some of the technical charts that traders follow, things don’t appear too good for Pepe at this moment. One of them, known as the MACD, indicates a bearish signal, which means the price may continue to go down. Another one, the RSI, is in what’s termed “oversold” territory, at 24.55. This generally indicates there’s been considerable selling pressure. Data also shows that money has been flowing out of Pepe since the middle of January, which isn’t a good sign for its price. Some analysts are even predicting that if Pepe stays below a certain price point, around $0.0000075, it could fall another 20% to about $0.00000585. Featured image from Gemini Imagen, chart from TradingView

#markets #memecoin #donald trump #trump

Donald Trump's Truth Social post sends the presidential meme coin flying.