Pepe The Frog meme coin surpasses Dogecoin in trading volumes
Pepe The Frog, a memecoin based on the popular internet meme, has surpassed Dogecoin in trading volumes, recording $227K in the past 24 hours compared to Dogecoin's $168K. Despite being ranked 68th by market capitalization, Pepe has seen considerable gains, with its price increasing from an all-time low of $0.000002764 to an all-time high of $0.000004354. The token has been listed on multiple crypto-exchanges and is present on three blockchains.
PEPE Cryptocurrency Surges Amid Memecoin Craze, Signaling Potential Price Rally Despite Bitcoin Risk
PEPE, a cryptocurrency with a frog theme, has gained attention during the current memecoin season, highlighting the potential growth of these volatile digital assets. Despite its unpredictable nature, PEPE's price has broken through a rising wedge pattern, suggesting a potentially bullish outlook and a possible 20-30% price rally.
Meme Coins Enter Political Arena: A Look at Wojak, Pepe, and Copium's Impact on Crypto Community
Meme coins were initially created to spread positivity and generate interest in cryptocurrency, but some have now entered the political arena and sparked strong reactions.
Class Action Lawsuit Threat Looms Over BEN and PSYOP Meme Coins Creator, ben.eth, Amid Allegations of Misconduct and Fraudulent Activities
The popularity of meme coins has continued to grow following the success of PEPE, with BEN and PSYOP gaining significant attention due to their association with media personalities Ben Armstrong and Andrew Tate. However, the creator of these coins, ben.eth, is now facing legal action and allegations of misconduct, including misleading investors and wire fraud. Renowned law firm Loevy & Loevy has threatened to file a class action lawsuit against ben.eth, with damages potentially reaching $21 million. Despite mounting legal troubles, ben.eth appears to be focusing on airdrops rather than addressing the allegations against them. The future of BEN and PSYOP remains uncertain as more individuals express interest in joining the lawsuits.
Pepe Coin: Potential Risks and Rewards of Investing in the Memecoin
Pepe coin (PEPE) has seen a decrease in trading volume, which could indicate a shift in investor interest. Memecoins like PEPE are considered risky due to their high volatility, so caution is advised.
Cryptocurrency Market Capitalization Increases by Only $5 Billion
The overall market capitalization of cryptocurrencies increased by $5 billion, reaching just under $1.2 trillion. While major cryptocurrencies remained relatively stable, some altcoins surprised with their performance.
Pepe Coin Price Continues to Cool, While Copium Token and AiDoge Offer High Potential for Investors
The Pepe Coin (PEPE) has experienced a significant drop in price, leading some to speculate that it may be dead. Currently trading at around $0.0000015, which is a 60% decrease from its recent high of $0.0000040, Pepe is forming a pennant structure that could result in either a surge or a further decline.
Crypto Experts Still Believe Pepe Is a Scam Despite Its Huge Success
Despite its widespread popularity and massive surge in market and social activities, top crypto experts still believe that Pepe (PEPE), a meme-based cryptocurrency launched less than a month ago, is a scam. Chris Blec, founder of DeFi Watch, asserts that scams like PEPE are created by big money, powerful people, and careful planning, and that retail investors are pawns in a much bigger game.
Crypto Market Analysis May 2023: COSMOS, Pepe, Bitget & Big Eyes Coin
According to a Forbes article, the cryptocurrency market has entered a new bull market cycle, following a historical pattern. In 2023, Bitcoin reached $30k and meme coins are back in action. After weighing the pros and cons of various altcoins, four coins were found to have exceptional potential for future scope, projects, and price ranges.
