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Pepecoin

All articles tagged with #pepecoin

cryptocurrency1 year ago

"Meme Coin Mania: Pepe, Dogecoin, and Bonk Surge in Record-Breaking Gains"

Meme coins like PepeCoin, Dogecoin, and BONK have seen double-digit gains as the crypto market surges, with Pepe leading the charge with a 35.6% increase in the past 24 hours and a 421.8% increase over the past week. Other meme coins, including BONK, Shiba Inu, and Dogecoin, have also experienced significant gains. However, meme coins are known for their high volatility and often have little utility beyond speculation, with some facing low liquidity. Despite this, Dogecoin, originally created as a joke, has seen growing utility and applications such as payment integrations and the creation of unique assets on its blockchain.

via Decrypt|
#bonk#cryptocurrency#cryptocurrencymarket
cryptocurrency-market2 years ago

Cryptocurrencies face uncertainty and potential correction.

Bitcoin and Ethereum lost momentum amid the Ledger controversy and US market uncertainty, with Bitcoin seeing a 3.5% loss and Ethereum falling 1.3%. Render (RNDR) was the biggest gainer of the week, up 19.3%, while Pepecoin lost 10.5%. Sui's native SUI token, Optimism (OP), and Algorand (ALGO) also saw double-digit losses. The Sandbox game (SAND) gained 5.4% and Render (RNDR) climbed 13.6% in the past day alone.

via Decrypt|
#bitcoin#cryptocurrency-market#ethereum
cryptocurrency2 years ago

The Rise and Fall of Meme Coins: A Look at SHIB, PEPE, and More.

An Ethereum whale nicknamed "BlackRock Fund" made over 10x in gains on Pepecoin (PEPE), flipping $244,000 into over $2.63 million trading PEPE. The mysterious entity has withdrawn most of its PEPE bag from Binance, for reasons unknown. Another trader on the Ethereum network made big gains on PEPE, and then reinvested them back into PEPE on its current price dip. At time of writing, PEPE is trading at $0.00000156, down nearly 8% in the last 24 hours.

via The Daily Hodl|
#cryptocurrency#ethereum#on-chain-data
cryptocurrency2 years ago

Pepecoin: The Meme Coin Mania Investors Can't Resist

Envious crypto investors are searching for the next get-rich-quick meme coin after Pepecoin's controversial rise to a nearly $2 billion valuation. Whale watchers are tracking wallets holding large amounts of tokens to copy their investments in newly issued meme tokens like HARAM, RIBBIT, BOB, JEFF, and WEN, causing a surge in trading volume on Uniswap's decentralized exchange. However, meme coins have very little fundamental value, and the trend is creating a black hole that sucks liquidity out of the market, potentially impeding other cryptocurrencies like bitcoin or ether. Meanwhile, decentralized finance (DeFi) is suffering, with a slump in total value locked (TVL) on DeFi protocols and outflows from platforms like Agility LSD.

via CoinDesk|
#cryptocurrency#decentralized-finance#market-trends
cryptocurrency2 years ago

Crypto Market Volatility Continues: Bitcoin and BRC-20 Tokens Experience Losses and Fees Surge

Bitcoin has dropped over 10% in the past week to a two-month low just above $26,000, while memecoins such as pepecoin, dogecoin, and Shiba Inu have also tumbled. Pepecoin, based on "pepe the frog," debuted in April and quickly rose to a $1 billion valuation, but has since fallen to roughly $560 million. Altcoins such as Aptos, Filecoin, and Aribitrum have also seen losses. Analysts believe bitcoin may face further downside pressure until there is regulatory clarity in the US.

via CoinDesk|
#bitcoin#cryptocurrency#dogecoin
cryptocurrency2 years ago

Pepecoin's Potential to Challenge Dogecoin and Shiba Inu Examined Amidst Predictions of Inevitable Crash

Pepecoin, a new memecoin based on the "Pepe The Frog" meme, has seen extreme price volatility since its launch in April, with a record high market valuation of $1.54 billion followed by a 65% drop. Despite lacking any real use-case, Pepecoin has gained popularity through coordinated meme campaigns and early investor success stories. With its recent listing on popular centralized crypto exchanges like Binance, some experts believe Pepecoin could surpass other memecoins like Dogecoin and Shiba Inu in market cap. However, caution is advised as Pepecoin's short-term gains and ongoing correction show similarities to the final phase of 2021's memecoin bull run.

via Cointelegraph|
#crypto-market#cryptocurrency#dogecoin
cryptocurrency2 years ago

Coinbase Apologizes for Pepecoin Coverage and Calls to #DeleteCoinbase Trend

Coinbase's chief legal officer, Paul Grewal, apologized for a company newsletter on the memecoin frenzy suggesting that the Pepe the Frog meme, on which red-hot PEPE token is based, has been used in racist ways on the internet. The newsletter set off a firestorm of criticism on Twitter, with the #deletecoinbase hashtag trending on the social media site early Thursday morning.

via CoinDesk|
#apology#coinbase#cryptocurrency
cryptocurrency2 years ago

PEPEcoin's Rollercoaster Ride: From Highs to Lows and Back Again

Pepecoin (PEPE) has dropped nearly 45% from its peak of $0.00000431, likely due to traders taking profits on their positions or utilizing advanced trading strategies following the introduction of several pepe-tracked futures in the past week. These profits are likely being converted into ether (ETH), which hit an all-time high in deposits to exchanges since November 2021. Pepecoin holders may be taking profits on their positions following one of the most spectacular rises in the history of alternative currencies (altcoins) with an almost 5,000,000% rise in the past few weeks.

via CoinDesk|
#cryptocurrency#ether#market-capitalization
cryptocurrency2 years ago

PEPE Meme Coin Surges to $1 Billion Market Cap, Attracts Celebrity Attention

Binance has listed Pepecoin (PEPE) and Floki Inu (FLOKI) in its innovation zone, with both meme coins trading at less than a penny. PEPE's market capitalization has surpassed $1 billion, despite having no token utility or value support mechanism. The exchange has warned traders of the potential for total loss of funds and high gas fees on Ethereum. PEPE is based on the artist Matt Furie's Pepe the Frog and has risen by 1,000% in the past week.

via Decrypt|
#binance#cryptocurrency#floki-inu
cryptocurrency2 years ago

Pepe Coin Emerges as Top Meme Coin, Surpassing Dogecoin and Shiba Inu.

Pepecoin (PEPE) has surpassed Dogecoin (DOGE) and Shiba Inu (SHIB) in trading volume, with over $250 million in the past 24 hours. The surge in trading volume is attributed to frenzied trading activity and automated bots. Early buyers of Pepecoin are taking profits, with one trader turning $1,800 worth of ether into over $3 million worth of Pepecoin in just over two weeks. However, selling pressure is also present, with sellers routinely selling from one ether to over 7 ether worth of the tokens.

via CoinDesk|
#automated-bots#cryptocurrency#dogecoin