The token is down by 83% since it launched in January.
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
Donald Trump's Truth Social post sends the presidential meme coin flying.
Memecoins have gained mainstream visibility recently. However, understanding what they are, how they work and where the risks are is critical.
Crypto watchers noticed the popular Solana tool apparently testing its own AMM in early Monday hours, dampening sentiment for tokens of its existing exchange.
Once more drawing attention in the crypto scene, Dogecoin (DOGE) has market researcher XforceGlobal speculating that the joke coin still has 10 times potential for a price increase. This optimistic forecast has attracted interest as investors consider whether DOGE may provide large returns in the face of continuous market swings. Related Reading: Think XRP Is ‘Crashing’? Analyst Says You Deserve A Slap! Historical Performance And Cyclical Patterns Dogecoin has shown tremendous expansion accompanied by dramatic corrections. The memecoin has followed a cyclical pattern over the years, according XForceGlobal, whereby each significant surge has been preceded by a protracted accumulation phase. Should history repeat itself, the present state of affairs may be preparing the ground for yet another notable climb. “Dogecoin still has a window of opportunity to be the only memecoin for a possible 5-10x,” XForceGlobal said in an X post. “Remember, history is key as it provides a significantly lower margin of error for pattern confirmation, market psychology insights, and wave count validation,” the analyst said. Dynamics Of The Current Market Dogecoin is trading at over $0.2539 as of February 19, 2025, a small increase from its previous closing. Reflecting resilience despite general market volatility, the trading range for the day has varied from $0.2426 to $0.2550. Based on XForceGlobal’s analysis of these price swings, depending on market mood and outside triggers, DOGE could be getting ready for a breakout. $DOGE Primary Macro Analysis#Dogecoin still has a window of opportunity to be the only memecoin for a possible 5-10x. Remember, history is key as it provides a significantly lower margin of error for pattern confirmation, market psychology insights, and wave count validation. pic.twitter.com/slWVi5jskX — XForceGlobal (@XForceGlobal) February 18, 2025 Market Sentiment And External Influences The development of new technology, regulatory changes, and macroeconomic factors are some of the external forces that could still affect the broader cryptocurrency industry. According to XforceGlobal, positive news regarding the meme coin and the increasing acceptance of blockchain technology can speed up its possible growth. However, as adverse market dynamics could halt advances and lead to more consolidations, prudence is advised. Related Reading: Solana’s Market Woes Continue With A 32% Monthly Drop—Details Investor Considerations Although a tenfold rise in the value of Dogecoin excites investors, they should consider the risks, of course. The market for cryptocurrencies is known for its intrinsic volatility; although past patterns offer some clues, they cannot ensure future performance. Diversification, risk management, and thorough examination remain as the key principles for navigating this unpredictable crypto landscape. Dogecoin’s ability to deliver another major rally hinges on several factors, but XForceGlobal’s analysis suggests that the window for substantial gains is still open. As always, investors should stay informed and approach the market with a balanced perspective. Featured image from Gemini Imagen, chart from TradingView
Crypto exchange Bullish has listed perpetual futures on both indices, allowing traders to gain exposure to these benchmarks with deep liquidity and around-the-clock trading.
The memecoin market, once pitched as a "fair launch" opportunity for traders, has been exposed as a rigged game, Carter said.
"At this point, memecoins are synonymous with 'pump and dump' schemes," says FRNT Financial.
It was unclear if any money was exchanged between Davis and Milei's inner circle in advance of Libra's launch.
Argentina’s stock market took a sharp hit over the weekend after President Javier Milei became involved in a crypto scandal. On Feb. 17, Reuters reported that Argentina’s flagship index, the S&P Merval, dropped more than 5% following his endorsement of the LIBRA memecoin, which collapsed shortly after reaching a $4.5 billion market capitalization. On Feb. […]
The post Argentina’s stock market plummets amid President Javier Milei’s LIBRA memecoin scandal appeared first on CryptoSlate.
The growing number of new tokens may lead to liquidity fragmentation and decreased trader attention in any single project, CoinGecko COO said.
Milei deleted his original promotional tweet and revealed that he wasn't aware of its details.
SFM holders will have an opportunity to sell their tokens despite current low liquidity levels.
Changpeng Zhao (CZ), the former Binance CEO, is under scrutiny following the emergence of multiple memecoins named after his dog, Broccoli. On Feb. 13, Zhao revealed his Belgian Malinois dog’s name and photo after multiple requests from community members. While Zhao assured that he would not launch a Broccoli-themed token himself, he hinted at trading […]
The post Changpeng Zhao’s dog sparks Broccoli memecoin boom and controversies appeared first on CryptoSlate.
Broccoli coin is the latest example of the dangers of playing in an anything goes market.
Under new leadership and regulations, crypto may have a chance to make it mainstream.
The massive demand came on a Saturday, when MoonPay’s fiat accounts were inaccessible due to the weekend with a public holiday on the following Monday for the swearing-in.
LinksDAO began by selling NFTs, but the market has moved on in the time since.
CoinDesk caught up with CoinGecko’s Bobby Ong to talk about all the good things — but mostly the bad things — about crypto’s centralized exchanges.
Four.Meme, a memecoin launchpad on the BNB Chain, has suspended its Liquidity Provider (LP) on PancakeSwap after detecting a malicious exploit targeting its system. The team confirmed the attack on Feb. 11 and assured users that steps were being taken to resolve the issue. The platform halted its token LP to prevent further damage while […]
The post BNB Chain’s Memecoin launchpad Four Meme hit by $200k exploit, suspends liquidity appeared first on CryptoSlate.
The majority of scams involved gaining access to notable people's social media accounts through social engineering.
The rapper denied plans to launch his own cryptocurrency after saying he turned down a $2 million offer to do so.
The Shiba Inu cryptocurrency’s recent predictions of huge returns have surprised the digital asset community. The meme-based coin is currently trading at $0.0000162, and analysts are forecasting returns of between 858% and over 6,000%. The accuracy of such lofty estimates has been a hot topic lately. Related Reading: Dogecoin (DOGE) Attempts a Comeback: Can It Clear Resistance? Once again, the well-known meme cryptocurrency is in the news, with expert Javon Marks forecasting a tenfold increase to $0.0001553. Marks, a well-known figure in the Shiba Inu community, believes there are big optimistic signs ahead despite the token’s recent sideways trading trend. According to his most recent research, the meme coin is about to break out of its current trading range, which might lead to a significant price movement. Near 10X to $0.0001553 for $SHIB ????: SHIB (Shiba Inu) has already confirmed Bull Signals that suggest a continuation while also being broken out of a much larger resisting trend that implies $0.000081 to be in play as the target On top of that, buyers in the recent dip showed… https://t.co/DVZmRNVaQZ pic.twitter.com/CwGHrUdLwr — JAVON⚡️MARKS (@JavonTM1) February 4, 2025 Technical Signals And Market Performance Recent times have not been easy for SHIB. The token briefly recovered after plummeting to a six-month low of $0.00001160 on February 3, but then fell 6% because of concerns over US-China trade tensions. Still, Marks is among the analysts who see the token’s relatively stable price as a springboard for further growth, despite the fluctuations. Shiba Inu: Data Supporting The Hype Meanwhile, an internet celebrity known as “Investment CEO” has made the most optimistic projection, predicting that SHIB may rise to $0.001, which would be an astounding 6,072% increase from current levels. Shiba Inu’s market value would soar from its current $9.56 billion to an astounding $590 billion as a result of this action. To put it in perspective, this would make a meme-inspired token one of the most valuable digital assets in the world, outperforming some well-known cryptocurrencies with significant practical uses. $DOGE to $1.50$SHIB to $0.001$PEPE to $0.01 Interact to manifest. ???? — CEO (@Investments_CEO) January 12, 2025 Comparing Technical Analysis With Actual Market Conditions Technical experts highlight SHIB’s performance above specific chart patterns, especially a two-year-old descending triangle formation. One indication of underlying strength has been the token’s 13% weekly rise in January, which ended at $0.00001200. However, these technical indicators may not be enough to justify the overconfidence. There are many challenges facing the broader cryptocurrency market, including regulatory concerns and macroeconomic headwinds that might impact speculative assets like SHIB. If You HOLD $SHIB, I Got NEWS For You 1. $0.00002 REACHED, 1st step 2. The ONLY Shiba Inu Price Prediction You Need 3. Current #SHIB ATH is in Danger Now???? 4. 750% PUMP is Realistic (00017 per SHIB) 5. MORE BURNS INCOMING? 6. I opened a 100x Position yesterday and I’m up 100%! pic.twitter.com/GvyMJckDM9 — Oscar Ramos (@realOscarRamos1) September 27, 2024 Related Reading: Solana Metrics Surge: Total App Revenue Climbs To $840M In Record-Breaking Quarter Factors Contributing To Bold Forecasts Some analysts, nevertheless, agree with Marks that Shiba Inu has a bright future. Alan Santana points to brisk market conditions when he suggests a price of $0.00011397. Oscar Ramos, however, sets an even higher goal of $0.0001700, claiming that given the current state of the cryptocurrency market, such growth is feasible. Featured image from Reddit, chart from TradingView
Recent market turbulence has impacted Shiba Inu (SHIB) and Dogecoin (DOGE), with both memecoins experiencing significant price declines over the past few days. This setback comes amid a broader downturn in the crypto market, yet some analysts remain optimistic about the potential trajectories for these popular memecoins. Javon Marks, a well-known analyst on Elon Musk’s social media platform X, has shared his perspective on both SHIB and DOGE, offering insight into where these memecoins might be headed next. Related Reading: Shiba Inu Burn Rate Explodes 7,240% With 1.1 Billion Tokens Burned In 24 Hours, What’s Driving It? Shiba Inu On The Verge Of A Major Rally In his analysis of Shiba Inu, Marks highlighted several technical signals that could indicate a bullish continuation. He noted that SHIB has already broken out of a larger resistance trend, setting a potential target at $0.000081. Marks emphasized that recent price dips have been met with substantial buyer activity, creating a strong rejection of selling pressure. This, he suggested, could indicate that the market has enough support to shift sentiment back toward a bullish stance. Near 10X to $0.0001553 for $SHIB ????: SHIB (Shiba Inu) has already confirmed Bull Signals that suggest a continuation while also being broken out of a much larger resisting trend that implies $0.000081 to be in play as the target On top of that, buyers in the recent dip showed… https://t.co/DVZmRNVaQZ pic.twitter.com/CwGHrUdLwr — JAVON⚡️MARKS (@JavonTM1) February 4, 2025 According to Marks, these conditions could pave the way for SHIB to eventually reach a higher target of $0.0001553, a level that would represent a significant gain from its current price. In his words: With Shiba’s recent sideways action and dip while holding broken out, this can actually be a positive and contribute to the longevity and scale of this run, making it much more likely for a break above the $0.000081 target to take place which would then welcome $0.0001553 into play! $0.0001553 is currently over 840% way Dogecoin Path Toward Higher Levels Turning his attention to Dogecoin, Marks outlined a similarly optimistic scenario. He pointed out that DOGE has shown a strong breakout response, with recent price action suggesting a potential climb to $0.6533. Marks also indicated that if DOGE were to surpass this level, it could set its sights on a higher target of $1.25111, representing a significant upward move from current levels. $DOGE (Dogecoin) to $0.6533 is looking like its only a matter of time here with such a major breakout response and climb thus far but a move above is looking more and more likely! A move above $0.6533 brings in play $1.25111 which is currently over 333% away… https://t.co/fAGPkw2n2F pic.twitter.com/RyUuojWxsh — JAVON⚡️MARKS (@JavonTM1) February 4, 2025 Featured image created with DALL-E, Chart from TradingView
TRUMP was issued a couple of days before Trump’s swearing-in ceremony on Jan.20 as the first-ever memecoin officially endorsed by a sitting president.
Plaintiffs said in the filing that pump.fun's operations are inherently a new kind of Ponzi and pump-and-dump schemes.
The suit alleges that Pump.fun has made nearly $500 million in fees from helping users generate memecoins.
Once more, the price movement of Dogecoin draws attention. An analysis shows that DOGE may climb by 30% should positive momentum continue, therefore guiding the meme coin towards $0.43. Given Dogecoin’s signals of strength, traders are monitoring key technical levels to see whether a breakout is about to happen. Related Reading: Memecoins To Mature By 2030? CEO Sees Stability On The Way Dogecoin Gains Bullish Momentum In recent weeks, Dogecoin has been consolidating, but there are indications that a breakout is imminent. According to analysts, DOGE has set up solid support levels, and growing purchasing pressure suggests that the price may be about to rise. Dogecoin may go toward its next resistance level at $0.43, which would represent a 30% rise from its current range, if momentum continues. This surge is not without precedent. Retail fervor and general market emotion have frequently driven Dogecoin’s dramatic, quick price swings. Even though the asset is still quite speculative, its current configuration points to more upside potential. Technical Signs Indicate Possible Breakout Recent technical analysis indicates that Dogecoin is displaying positive signals on several fronts. Moving averages imply that an upswing may be developing, and the volume has been rising, suggesting greater buyer activity. Furthermore, DOGE has maintained important support levels, suppressing further declines. It might pave the way for a breakout toward the $0.43 goal if the price stays steady above these levels. For Dogecoin to accomplish this goal at its present price of $0.3315, its value would have to increase by around 28%. Traders are also monitoring Bitcoin’s movement, as a bullish Bitcoin often lifts sentiment across the altcoin market. Market Sentiment, Whale Behavior Could Affect DOGE’s Surge Macromarket fluctuations, whale behavior, and social media chatter have all impacted Dogecoin’s price movement in the past. It’s possible that whales’ stockpiling of DOGE reflects their belief in a higher price, which would support the increase. Market sentiment is another important aspect. Dogecoin and other speculative assets may draw traders due to their resilience and growing risk tolerance. However, DOGE may find it difficult to maintain its surge if Bitcoin corrects. Related Reading: New Ethereum Addresses Hit 200K: What’s Behind The Massive Spike? DOGE Price Forecast The meme-based cryptocurrency has remained strongly associated with Elon Musk’s commercial operations, profiting from its widespread use by affiliated enterprises tied to the billionaire and his public backing. Meanwhile, CoinCodex’s Dogecoin price prediction states that by March 1, 2025, the memecoin would have lost 6.80% to a value of $0.309519. Even though the Fear & Greed Index is at 70 (Greed), the technical indicators suggest that the current sentiment is neutral. Over the last 30 days, Dogecoin had 16 out of 30 (53%) green days and 6.90% price volatility. According to the Dogecoin forecast, this is an ideal time to buy Dogecoin. Featured image from DALL-E, chart from TradingView
On Wednesday, Dogwifhat (WIF) led the crypto market with a 16% surge to $1.37, becoming one of the best-performing cryptocurrencies in the last 24 hours. The token swam against the current as most of the top memecoins recorded red numbers, leading analysts to suggest a possible breakout for the token. Related Reading: Bitcoin Preparing For A February Rally? Analyst Says New High Is Two Weeks Away Las Vegas Sphere About To Be WIF Hat Dogwifhat has recovered from yesterday’s drop below the $1 mark following its team’s tease of the long-awaited Las Vegas Sphere project. On Tuesday night, the official Dogwifhat X account shared a picture of its mascot in Las Vegas. The image included the cute dog with the Las Vegas Sphere as its hat and an old Nokia phone with “01.2025” on its screen. Additionally, the account stated that the “hat stays on,” explaining that dates will be shared “as soon as we are allowed.” The bullish tease propelled the token back to its recently lost support of $1.30 and reignited the broader community’s interest in the memecoin. WIF became the memecoin sensation of 2024, reaching an all-time high of $4.88 last March. The token also led the memecoin narrative during Q2 and recovered some of its early glory during the December pump. However, WIF’s spotlight was eclipsed by the oversaturated memecoin sector and the rise of many other market sensations like PNUT and CHILL, dropping 40% in the last six months and 75% from its ATH. During its 2,000% growth phase, many crypto investors put their hats on, which prompted a massive fundraising campaign to display the memecoin in the Las Vegas Sphere, the world’s largest LED screen, for a week. The community raised $700,000 to achieve this dream but was left in the dark over the last several months. In July 2024, many investors expressed concern and frustration about the project after Crypto.com displayed Bitcoin’s logo on the Sphere. Some community members questioned the project, calling the initiative an alleged scam. However, the organizer repeatedly assured the WIF community that they were working to make “wif on Sphere” happen soon. Is the Dogwifhat Bottom In? Crypto analyst Altcoin Sherpa shared his outlook on WIF’s recent performance. He suggested that the pump doesn’t seem “actually real/sustainable” based on the “overall chart/market conditions.” However, he considers that if Dogwifhat shows some consolidation above the $1.23 mark, it could see another leg up. Meanwhile, crypto trader Bluntz stated that its current levels could potentially be WIF’s bottom. According to the post, “the major A wave has now been swept” and there are some “nice signs of life forming” in the lower timeframes despite the retrace lasting longer than he anticipated. The trader previously forecasted an “inevitable” fall to the $1 range, arguing that WIF was headed for a large retrace before the next parabolic run, which could lead to a new ATH. Related Reading: ‘No Need To Panic’: Cardano (ADA) Holding Key Level Despite 14% Drop After the recent performance, Bluntz warned that it is a “very early day, and we haven’t seen a 5-wave rise from the lows ‘yet’, but I think there’s a decent chance one has begun to form.” Another market watcher also pointed out a one-month falling wedge pattern on WIF’s chart, which targets $1.90 at a “minimum and quickly” if the memecoin breaks out of the upper downtrend line at around $1.40. As of this writing, dogwifhat trades at $1.21, a 14.4% surge in the daily timeframe. Featured Image from X.com, Chart from TradingView.com