Pepe Falls Out Of Top 100 Cryptocurrencies, Is Pepe In Pepper?
Release: 2023/12/29 00:59 Reading: 611
The popularity of the meme coin Pepe (PEPE) has decreased drastically, as it falls out of the list of top 100 cryptocurrencies.
Meanwhile, the new cryptocurrency Rebel Satoshi (RBLZ) is gaining attraction in the Web3 space, with 1 million dollars raised in its ICO so far.
Pepe’s Descent From Peaks To Lows
Earlier this year, Pepe (PEPE), a meme coin connected to Pepe the Frog meme and built on Ethereum, experienced tremendous growth.
Recently, Pepe suffered a huge drop in its rank in the cryptocurrency market, from its highest ranking to the 112th position, with a decline of 66% in value, currently trading at $0.00000142.
It all started when Pepe’s developers sold $15.7 million worth of tokens from the central wallet. This caused confusion within the Pepe community and made it hard for members to trust the system.
If a project sells its holdings in an asset, it may lead to community members selling theirs because they assume it means the project is going to go down.
Even though the Pepe team made up a story of “a few bad actors” within the team and showed an attempt to move the remaining tokens to a safer wallet, still, there is still less credibility and trust towards the project.
After Pepe’s telegram account was hacked again, many people started to doubt if the token price would recover or not.
Many in the crypto community, including EricCryptoman, have expressed their concerns about the future direction of the market.
Experts like CryptoTony shared predictions about the possibility of further corrections. If Pepe goes past the limit of its current support, there could be a risk of dropping even more.
See Also: Solana (SOL) Enters Price Correction Mode As The Year Draws To A Close
Rebel Satoshi Emerges As A Silent Revolution in Meme Coins
While Pepe is facing issues, there is a new player in town, Rebel Satoshi (RBLZ), which seems to be capturing the interest of investors.
Rebel Satoshi has received a good level of support since its introduction because it brings together people who want to fight back against oppressive rules and encourages them to speak up.
Rebel Satoshi’s governance and membership token, RBLZ, is the central component of this mission.
When someone invests in RBLZ, they get a lot of benefits because it gives access to the staking program, an NFT marketplace and a play-to-earn (P2E) game.
Moreover, as an RBLZ investor, you get special privileges, including access to 9,999 unique digital assets stored in the Rebel NFT Vault.
Rebel Satoshi’s presale is ongoing, with the price of the asset set at $0.02 per token in Rebels Round 3. Over 81% of allocated tokens in this round have been snapped up, with the presale raising $1 million already.
Post-presale listing price is $0.025 and the platform accepts Bitcoin (BTC) and 50 other cryptocurrencies for a smooth onboarding experience.
The crypto market is always changing, just like how the value of meme coins can experience a high level of volatility.
See Also: Ethereum Price Surges 5% Above The $2,300 Support Zone, Has ETH Bulls Finally Take Over?
Generally, a meme coin is a term used to describe digital currencies which are inspired by characters, people, animals, or artworks and they are driven by communities on the internet.
These coins are designed in a way that appeals to gamers and those interested in the funny and playful aspects of coins. Investing in meme coins can be fun to watch because their values can go up and down quickly.
Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
The post Pepe Falls Out Of Top 100 Cryptocurrencies, Is Pepe In Pepper? appeared first on BitcoinWorld.
Recent news
More>- Dogecoin Price Prediction for Today, November 23 – DOGE Technical Analysis 11-24
- Dogecoin Price Prediction for Today, November 23 – DOGE Technical Analysis 11-24
- Dogecoin (DOGE) Surges 19% as Hash Rate Hits Record High 11-24
- Solana Hits New ATH, As Pepe Surges 30% Amid Bull Market, Crypto Traders Eye New Meme Coin Going Viral After Video Release 11-24
- Dogecoin (DOGE) Bullish Streak is Awakening Shiba Inu (SHIB) Bulls: What’s Next? 11-24
- Top Meme Coins for December 2024: 5 Picks to Buy Before They Take Off! 11-23
- XRP Price Prediction: XRP Pumps 67% In A Week As Gary Gensler Plans SEC Exit, While Whales Swoop On Pepe Unchained Presale 11-23
- What’s Next for Crypto After Bitcoin Take $100k Price Level? Catzilla Coin Among 3 Altcoins Poised for Big Moves 11-23
- Dogecoin (DOGE) Bulls Predict a Second Wave to Break $2, But One 'DOGE Killer' Could Steal the Spotlight with a 34x Run 11-23
Selected Topics
More>>-
- pepecoin Price Analysis
- This topic provides articles related to PepeCoin price, covering key PepeCoin insights and analysis
-
- pepe:meme star
- This topic provides articles related to the most promising meme, PEPECOIN, a project with the potential to become a mainstream digital currency. It has the advantages of decentralization, reliability, ease of use, fast speed, low cost and scalability, and is expected to be more widely used in the future
-
- pepecoin price prediction
- We’ve gathered facts about pepecoin’s success story and provided a pepecoin price prediction
Selected Articles
More>>- 1 Avalanche and Aptos rival raises over $600k in 2 weeks
- 2 Crypto Prices Today: Market Continues Rally With BTC, Pepe Coin, SEI Rising
- 3 Major Analyst Crypto Tony Bullish on These Meme Coins, But One Stands Out
- 4 MTAUR Ready to Crush DOGE and PEPE: 100x Price Growth Incoming?
- 5 Memecoins Surge in 2024, Popcat Leads with 7,621% YTD Gain, Outshining Top Crypto Tokens
- 6 PEPE Meme Coin Smashes ATH – See How Much an $83 Investment in Pepe Coin Last Year is Worth Now
- 7 Top 4 Altcoins At 70% Discounts – Last Chance!
- 8 Dogecoin Creator Proposes DOGE to NBA Legend Scottie Pippen
- 9 Top Analyst Who Predicted Dogecoin (DOGE) Last 170x Rally Forecasts New Parabolic Rise, Here’s His Price Target
- 10 New Solana Memecoin Trump Loves Elon to Rally 15,000% Before Exchange Listing, SHIB and Bonk Crash
ABOUT US
We are building the most influential，trusted information platform for aglobal community engaged in thd transformation of the financial system andthe emerging crypto economy.PEPE is an integrated platform for media,events,data & indices for the next generation fo investing and the future of money.
Get in touch with the PEPE team at admin@pepecoinbuy.com