• Latest
  • Trending
  • All
Pepe Coin Surges 2400% In 30 Days: Have Dogecoin and Shiba Inu Been Dethroned? 

Pepe Coin Surges 2400% In 30 Days: Have Dogecoin and Shiba Inu Been Dethroned? 

May 11, 2023
Hong Kong & UAE Join Forces To Bolster Crypto Regulation

Hong Kong & UAE Join Forces To Bolster Crypto Regulation

May 30, 2023
Shiba Inu (SHIB) and Dogecoin (DOGE) Swimming in Red Waters, HedgeUp (HDUP) Soars 300% with 400+ Holders Added Daily

Shiba Inu (SHIB) and Dogecoin (DOGE) Swimming in Red Waters, HedgeUp (HDUP) Soars 300% with 400+ Holders Added Daily

May 30, 2023
Ethereum’s Block Size Surges To 1-Month High

Ethereum’s Block Size Surges To 1-Month High

May 30, 2023
Payment Systems in Crypto Casinos — Deposit with Litecoin

Payment Systems in Crypto Casinos — Deposit with Litecoin

May 30, 2023
Canto Blockchain Difficulties Demonstrate Dreary DeFi Outlook

Canto Blockchain Difficulties Demonstrate Dreary DeFi Outlook

May 30, 2023
Traders Act Fast As Binance Australia Unveils Bitcoin Discount For Limited Period

Traders Act Fast As Binance Australia Unveils Bitcoin Discount For Limited Period

May 30, 2023
Laos Government Organizes Meeting on Blockchain 4.0 and Digital Economy Development

Laos Government Organizes Meeting on Blockchain 4.0 and Digital Economy Development

May 30, 2023
New Meme Coins To Replace Dogecoin

Will the crypto halving of BTC & LTC affect Caged Beasts?

May 30, 2023
Can DogeMiyagi influence outgrow Dogecoin and Pepe?

Can DogeMiyagi influence outgrow Dogecoin and Pepe?

May 30, 2023
Ethereum Deflation Hits Record High Six Months After Merge, What This Means For ETH

Long Dormant $14.7 Million Ethereum ICO Wallet Surfaces After Eight-Year Slumber

May 30, 2023
Litecoin (LTC) Halving Rally Looms: Popular Analyst’s Bold Outlook

Litecoin (LTC) Halving Rally Looms: Popular Analyst’s Bold Outlook

May 30, 2023
XRP to Hit $5 Being the Only Asset to Surpass ETH’s Market Cap

XRP to Hit $5 Being the Only Asset to Surpass ETH’s Market Cap

May 30, 2023
Tuesday, May 30, 2023
DLT EMPIRE
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Altcoin
  • Crypto Mining
  • Dogecoin
  • Litecoin
  • Market
No Result
View All Result
DLT EMPIRE
No Result
View All Result
Home Dogecoin

Pepe Coin Surges 2400% In 30 Days: Have Dogecoin and Shiba Inu Been Dethroned? 

by Cuevas Antonio
May 11, 2023
in Dogecoin
0
Pepe Coin Surges 2400% In 30 Days: Have Dogecoin and Shiba Inu Been Dethroned? 
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter


Current disruptions in crypto have prompted traders and merchants to hunt out new alternatives. One such alternative stands out as the third-largest meme coin by market cap, Pepe (PEPE), in line with a high crypto dealer.

Pepe has surged over 2,486% since April 18th, making it a notable competitor to the favored meme cash Dogecoin (DOGE) and Shiba Inu (SHIB). 

In a current tweet, Kaleo, a well known pseudonymous crypto analyst along with his Twitter followers, urged that Pepe should still have extra upside potential. 

Pepe’s Development Line

In accordance with Kaleo, each time Pepe has crossed above a descending development line on the one-hour chart, the meme coin has gone on to hit new all-time highs because it went mainstream final month. This development line breakout might counsel that Pepe nonetheless has room to develop, regardless of its current surge.

Associated: Pepe (PEPE) & Arbitrum (ARB) To Lead The 2023 Altcoin Surge? Expert Weighs In – Coinpedia Fintech News

Though Kaleo sees potential in Pepe, he additionally cautions traders in opposition to meme coins typically, stating that almost all meme cash are likely to lose worth over time and are due to this fact not appropriate as long-term investments. He notes that the life cycle of a meme coin sometimes occurs over a compressed time interval, leading to fast value actions. Due to this fact, traders should train warning and never depend on meme cash for long-term investments.

Pepe’s Efficiency & Market Evaluation

Pepe is presently buying and selling at $0.00000194, up from its all-time low of $0.000000075. Its present market cap stands at over $100 million. Nonetheless, given the character of meme cash, Pepe’s value could possibly be topic to sudden fluctuations and value corrections.

Meme cash are a double-edged sword. They’ll soar to new heights at an unprecedented tempo but additionally carry the danger of crashing down simply as shortly. This has been evident within the case of Dogecoin and Shiba Inu, which couldn’t maintain the market hype.

As he stated, ‘Nearly all of meme cash will development to zero.’ Whereas this sentiment applies to all altcoins, it significantly rings true for meme cash whose life cycle tends to occur over a compressed time interval, the place the pump occurs quicker and the dump occurs even quicker.“

What do you think- is it actually time to say goodbye to Doge and Shib?



Source link

Tags: CoinDaysDethronedDogecoinInuPepeShibaSurges
Share196Tweet123Share49
Cuevas Antonio

Cuevas Antonio

  • Trending
  • Comments
  • Latest
Rise of AI-Powered Cheating: Challenges and Solutions for Educators

Rise of AI-Powered Cheating: Challenges and Solutions for Educators

March 20, 2023
Former FTX US President Reportedly Quit After ‘Protracted Disagreement’ With Bankman-Fried

Former FTX US President Reportedly Quit After ‘Protracted Disagreement’ With Bankman-Fried

April 10, 2023
What is Cloud Mining and How Does it Work?

What is Cloud Mining and How Does it Work?

April 10, 2023
Silicon Valley Bank: Bitcoin investors in panic as market goes sideways

Silicon Valley Bank: Bitcoin investors in panic as market goes sideways

0
24 Crypto Terms You Should Know

24 Crypto Terms You Should Know

0
Bitcoin, Ethereum, Dogecoin Rally As Team Biden Cushions SVB Blow

Bitcoin, Ethereum, Dogecoin Rally As Team Biden Cushions SVB Blow

0
Hong Kong & UAE Join Forces To Bolster Crypto Regulation

Hong Kong & UAE Join Forces To Bolster Crypto Regulation

May 30, 2023
Shiba Inu (SHIB) and Dogecoin (DOGE) Swimming in Red Waters, HedgeUp (HDUP) Soars 300% with 400+ Holders Added Daily

Shiba Inu (SHIB) and Dogecoin (DOGE) Swimming in Red Waters, HedgeUp (HDUP) Soars 300% with 400+ Holders Added Daily

May 30, 2023
Ethereum’s Block Size Surges To 1-Month High

Ethereum’s Block Size Surges To 1-Month High

May 30, 2023

Recent News

Hong Kong & UAE Join Forces To Bolster Crypto Regulation

Hong Kong & UAE Join Forces To Bolster Crypto Regulation

May 30, 2023
Shiba Inu (SHIB) and Dogecoin (DOGE) Swimming in Red Waters, HedgeUp (HDUP) Soars 300% with 400+ Holders Added Daily

Shiba Inu (SHIB) and Dogecoin (DOGE) Swimming in Red Waters, HedgeUp (HDUP) Soars 300% with 400+ Holders Added Daily

May 30, 2023
Ethereum’s Block Size Surges To 1-Month High

Ethereum’s Block Size Surges To 1-Month High

May 30, 2023

Categories

  • Altcoin
  • Altcoin News
  • Altcoins
  • Artificial Intelligence
  • Bitcoin
  • Blockchain
  • Business
  • Crypto Mining
  • Cryptocurrencies
  • Culture
  • Dogecoin
  • Economy
  • Education
  • Ethereum
  • Featured
  • Governance
  • Litecoin
  • Market
  • News
  • Uncategorized

Converter

Cryptocurrency Prices by Coinlib

© 2023 Dlt Empire | All Rights Reserved

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Altcoin
  • Crypto Mining
  • Dogecoin
  • Litecoin
  • Market

© 2023 Dlt Empire | All Rights Reserved