Pepe Coin Price Prediction – $PEPE Soars With Coinbase Perpetual Future Listing
Release: 2024/04/25 19:45 Reading: 513
,The announcement of Perpetual Futures Contracts for Pepe coin on Coinbase has sparked excitement and speculation among traders. This move brings Pepe coin one step closer to a full spot trading position on Coinbase, potentially opening up new avenues for trading and investment.
The prospect of a Pepe-USDT trading pair on Coinbase has ignited optimism among investors, leading to a surge in Pepe coin’s price. Investors can now trade 1000PEPE-PERP with up to 10X leverage, and traders in eligible jurisdictions are eagerly exploring this new opportunity.
The impact of Coinbase’s support for Pepe coin has been palpable, with the coin experiencing a significant uptrend in recent days. Such rapid growth has reignited discussions about the coin’s potential to reach new all-time highs, prompting investors to closely monitor its price movements.
However, amidst the euphoria, seasoned traders advise caution, emphasizing the importance of distinguishing between hype and fundamental value. As Pepe coin continues its upward trajectory, traders are reminded of the importance of technical analysis in navigating volatile markets.
$PEPE Price Prediction
Recently, $PEPE has surged in popularity, particularly following Bitcoin’s fourth halving on April 20th. Additionally, there is evidence of increased accumulation by whales, indicating a potential long-term recovery trend on the horizon.
One notable on-chain event involved a whale acquiring 211.6 billion $PEPE tokens valued at $1.72 million. These acquisitions were made across platforms such as Binance, Gate.io, and Uniswap, with an estimated initial investment of $1.54 million.
As of the time of writing, $PEPE is priced at $0.00000724, boasting a 24-hour trading volume of $1.13 billion and a market cap of $3.04 billion. Over the past seven days, $PEPE has witnessed an impressive 50.16% increase in price, reaching its peak on March 14, 2024, at $0.0000107.
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Currently, the Relative Strength Index (RSI) stands at 56.70, indicating a neutral market position for $PEPE. Investors are closely monitoring Pepe Coin as it faces resistance at $0.00000789 and support at $0.00000686, with further resistance and support levels at $0.00000893 and $0.00000582, respectively.
$PEPE’s future appears balanced, offering growth potential alongside the inherent risks of a pullback. During the upcoming bull market, Pepe Coin could potentially synchronize with broader market trends and boost its value through strategic updates.
New Multi-Chain Meme Coin Presale Crosses $10 Million Mark
On the flip side, Dogeverse recently surpassed the $10 million milestone, positioning itself as the latest contender in the dog-themed coin arena poised to dominate the meme sector. This multi-chain meme coin swiftly launched its ICO and garnered over $250,000 within minutes, signaling substantial investor demand.
Dogeverse distinguishes itself with its multi-chain compatibility, presently accessible on Ethereum, Polygon, and BNB Smart Chain, with plans for Solana, Base, and Avalanche support in the pipeline. By leveraging top-tier blockchains, Dogeverse prioritizes cost efficiency and speed.
Out of the total token supply of 200 billion, 30 billion have been designated for the current presale. Currently priced at $0.000301, Dogeverse has already raised $10.8 million, targeting a hard cap exceeding $17 million.
Consequently, investors are keen to get in early, especially with the development team’s commitment to listing the token on decentralized exchanges (DEXs) post-presale. Following DEX listings, Dogeverse intends to expand to centralized exchanges (CEXs) as outlined in its roadmap.
Additionally, early investors stand to benefit from an impressive staking annual yield (APY) of 102%, vested over two years, with over 15.6 billion DOGEVERSE tokens already staked. To maximize returns, consider acquiring the token early to take advantage of the high staking APY while it’s available.
? Emerging from the remnants of a cosmic explosion, #Cosmo, an exceptional #DOGE, traverses #Blockchains.
Symbolizing liberty and discovery.??
As the envoy of $DOGEVERSE, Cosmo calls for solidarity and innovation, urging everyone to delve into the expansive #Crypto realm.? pic.twitter.com/Cz7Ycqzzsr
— DogeVerse (@The_DogeVerse) April 24, 2024
Notably, prominent crypto YouTubers like Cilinix Crypto have expressed their support for Dogeverse, with crypto analyst and trader Jacob Bury featuring Dogeverse in recent videos as one of the best crypto presales to consider.
Jacob regularly updates his audience on Dogeverse’s presale progress on his YouTube channel, and individuals can also join his Discord community for trading insights and tips on upcoming crypto presales.
With meme coin enthusiasm extending to blockchains like Solana and Base in 2024, Dogeverse stands to benefit from the trend of tokens being launched on diverse networks, and its successful presale phase suggests the token is poised for a successful initial exchange offering (IEO).
For more information about the Dogeverse presale, follow their X account (formerly Twitter) and join the Telegram channel. To take part in the $DOGEVERSE token presale, visit thedogeverse.com.
Related
Pepe Price Prediction: PEPE Plunges 10% Despite Coinbase Futures Launch As This Dogecoin Derivative Charges Towards $11M
Pepe Price Prediction: PEPE Surges 20% As The Dogeverse Meme Coin Presale Blasts Past $10 Million
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