Pepe Price Prediction: PEPE Surges 20% As The Dogeverse Meme Coin Presale Blasts Past $10 Million
Release: 2024/04/24 17:23 Reading: 925
The Pepe price has soared 20% in the past 24 hours to trade for $0.00000793 as of 02:08 a.m. EST.
Trading volume surged 57% as the meme coin sector’s market cap rose 6.4% to $56.9 billion as meme coin mania showed signs of a resurgence. Top gainers in the sector included Dogwifhat (WIF), Floki (FLOKI), Bonk (BONK), and Book of Meme (BOME).
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Why Pepe Price and Sector Tokens Rally While DOGE and SHIB Miss Out
The surge in the Pepe price comes after Coinbase International Exchange and Coinbase Advanced listed PEPE for perpetual futures trading.
Our 1000PEPE-PERP market is now in full-trading mode on Coinbase International Exchange and Coinbase Advanced. Limit, market, stop, and stop limit orders are all now available. pic.twitter.com/hO32wARVFu
— Coinbase International Exchange ?️ (@CoinbaseIntExch) April 23, 2024
The token had been slated for listing on April 18, but was compelled to postpone it citing “technical reasons.” Many traders had anticipated a rally, considering the launch would have happened two days before the fourth Bitcoin halving.
Nevertheless, blue-chip meme tokens like BONK, WIF, FLOKI, and BOME are benefiting from the capital rotation. This comes as traders anticipate they could be next. DOGE and SHIB are not enjoying the same because they are already listed.
Pepe perpetual futures contracts went live on Tuesday, making it accessible to institutions for the 1000PEPE-PERP market through Coinbase International Exchange. Retailers can also access the token through the Coinbase Advanced platform.
The PEPE perpetual futures contract is only available to non-US residents and institutions via the respective platforms, with a statement from Coinbase Advanced noting, “You can now trade 1000PEPE-PERP with up to 10X leverage.”
Pepe Price Outlook After PEPE Listing On Coinbase
The Pepe price is in the Golden Zone but could drop soon. The Golden Zone is represented by the price area between the 38.2% and 61.8% Fibonacci retracement, with the 61.8% being the most critical number as it is the most important Fibonacci level.
While the outlook is bullish, technical analysis suggests a possible correction from here. The volume profile on the right side of the chart for the ‘bearish delta type’ (grey) shows spikes in volume to mean it is an area where sellers are populous. This is relative to the ‘bullish delta type’ (yellow) where bulls abound and the Pepe price could find support.
Based on what is seen on the daily chart for the PEPE/USDT chart, the likely play is that the Pepe price could break above the 38.2% Fibonacci placeholder at $0.00000822. This would be followed by a brief consolidation above this level before a correction.
The same was seen in late March, which adds credence to the assumption that the area above the 38.2% Fibonacci level represents strong resistance for the Pepe price.
The expected rejection could see the Pepe price slip below the 50% and subsequently the 61.8% Fibonacci retracement level to provide another buying opportunity around the 21-day Smooth Moving average (SMMA) around $0.00000639.
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TradingView: PEPE/USDT 1-day chart
Conversely, if the bulls overpower the bears, the Pepe price could extend gains past the $0.00000900 psychological level. Among the key drivers for this would be a decisive show of strength from the Bitcoin (BTC) price.
Meanwhile, as blue-chip meme coins skyrocket, some investors are diversifying into an ICO they believe has the potential to join the ranks of elite meme coins.
The multi-chain ICO Dogeverse has already raised over $10.2 million in just 16 days of presale with crypto analyst Jacob Bury saying it has the potential to surge after launch.
Promising Alternative To Pepe
Dogeverse emerges as a pioneering force in the crypto universe as the first meme coin to launch on the six most used blockchains after Bitcoin. It calls itself “The World’s First Chain Traveling Doge.”
? Welcoming #Blockchain Inclusive Accessibility! ?#DOGEVERSE extends its arms to a broad spectrum of enthusiasts, ranging from #Ethereum devotees to those favoring the swift, economical advantages of #Solana or #Polygon, nurturing a varied and inclusive community. ?✨ pic.twitter.com/Oj5o7h2o3i
— DogeVerse (@The_DogeVerse) April 23, 2024
While most meme coins are limited to just one blockchain network, causing stagnation when traders migrate between networks, Dogeverse stands out. Built to run atop Ethereum, BNB, Polygon, Solana, Avalanche, and Base chains, this multichain project is a massive extension to the power of the Doge universe. While there are multi-chain cryptos already, none are as expansive and interconnected as Dogeverse.
Explore the $DOGEVERSE Benefits on #Ethereum:
1️⃣ Enhanced Security: Leverage ETH's network for safe transactions. ?
2️⃣ Easy Compatibility: Seamlessly use #Tokens across wallets and exchanges. ?
Embracing the next level of #Memecoin functionality with #DOGEVERSE! ?? pic.twitter.com/L3GEhDP6oO
— DogeVerse (@The_DogeVerse) April 23, 2024
Buy Dogeverse In The Presale
Dogeverse’s powering token, DOGEVERSE, is now selling for $0.000301, but a price increase is scheduled in slightly more than a day. That means there is no time to lose to secure the lowest price if you are interested.
Visit and buy Dogeverse tokens here.
Also Read:
How to Buy Dogeverse – $DOGEVERSE Presale Review
Best Metaverse Crypto Projects: Top Picks for NFT and Virtual World Enthusiasts
Top 5 Meme Coins to Diversify Your Portfolio for Potential Gains – $DOGEVERSE, $DOGE20, $SHIB, $PEPE, and $FLOKI
Zach Humphries Honest Insights on Dogeverse – The Newest Multi-Chain Dog Meme Coin
Top 5 Meme Coins to Buy After Bitcoin Halving – $PEPE, $DOGEVERSE, $CUMMIES, $DOGE, $SLOTH
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