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 PepeCoin PEPE price action points to a potential 70 drop

PepeCoin PEPE price action points to a potential 70 drop


Published: 2023-05-31


1. Main topic: PepeCoin price action indicates a possible 70% drop PepeCoin,a digital currency known for its association with the Pepe the Frog internet meme,is experiencing a significant drop in price. According to recent price action,the coin is pointing towards a potential 70% decline. The article highlights the possible reasons for this decline,which includes a lack of liquidity,questionable legitimacy,and overall low market interest.

2. Topic 2: PepeCoin’s association with internet memes PepeCoin's association with the Pepe the Frog internet meme,which has been designated as a "hate symbol" by the Anti-Defamation League,has raised concerns about its legitimacy. The article explains how the coin's connection to a controversial internet meme may have impacted its credibility and market appeal,leading to its current low market interest and liquidity levels.

3. Topic 3: The challenges facing alternative cryptocurrency adoption PepeCoin is among a growing number of alternative cryptocurrencies that face significant challenges in gaining wider adoption and mainstream support. The article discusses some of the challenges that these types of currencies face,such as a lack of widespread recognition,the dominance of established cryptocurrencies like Bitcoin and Ethereum,and overall market volatility. Note: I have focused on the main topic and two issues related to it,all under the 250-word limit.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 ARS title=ARS 1,080.90 2,607,551,207.00
2 BTC title=BTC 62,181.99 1,603,322,269.54
3 ETH title=ETH 2,997.74 876,274,237.60
4 SOL title=SOL 146.30 691,699,054.36
5 ENA title=ENA 0.89 283,681,248.83
6 PEPE title=PEPE <0.01 235,678,478.32
7 WIF title=WIF 2.88 225,790,087.71
8 XRP title=XRP 0.52 196,051,891.33
9 DOGE title=DOGE 0.15 192,848,315.22
10 RNDR title=RNDR 9.88 178,056,848.39
11 WLD title=WLD 5.81 137,287,007.98
12 BOME title=BOME 0.01 113,381,684.41
13 NEAR title=NEAR 7.06 103,162,291.16
14 RUNE title=RUNE 5.37 98,920,000.02
15 AVAX title=AVAX 34.52 69,254,932.27
16 JTO title=JTO 3.79 58,318,722.27
17 ARKM title=ARKM 2.40 52,585,727.34
18 BONK title=BONK <0.01 52,428,409.00
19 SUI title=SUI 1.05 50,736,095.02
20 TRX title=TRX 0.12 49,362,751.75
21 ETHFI title=ETHFI 3.67 48,831,698.01
22 AR title=AR 38.15 42,039,909.94
23 ORDI title=ORDI 37.31 39,303,744.75
24 FLOKI title=FLOKI <0.01 39,255,499.84
25 LTC title=LTC 79.48 38,554,556.23
26 BCH title=BCH 459.10 36,815,071.37
27 ADA title=ADA 0.44 36,450,993.48

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Ethernity Chain title=ERN 5.32 +11.95
2 NULS title=NULS 0.71 +11.16
3 Voyager title=VGX 0.09 +10.65
4 FarmBot title=FARM 76.17 +7.21
5 Terra title=LUNA 0.63 +6.13
6 TerraClassicUSD title=USTC 0.02 +6.01
7 Convex Finance title=CVX 2.48 +5.99
8 Rocket Pool title=RPL 21.49 +5.60
9 IDEX title=IDEX 0.07 +5.20
10 Metal DAO title=MTL 1.71 +4.07
11 Acent title=ACE 5.20 +3.57
12 Ethena title=ENA 0.89 +3.01
13 Lido DAO title=LDO 1.97 +2.93
14 REI Network title=REI 0.08 +2.45
15 Terra Luna Classic title=LUNC <0.01 +2.04
16 TrueFi title=TRU 0.12 +2.01
17 TRON title=TRX 0.12 +1.87
18 Theta Fuel title=TFUEL 0.11 +1.87
19 Jito title=JTO 3.79 +1.86
20 Lisk title=LSK 1.93 +1.47
21 Manchester City Fan Token title=CITY 3.03 +1.34
22 Shentu title=CTK 0.67 +1.29
23 Balancer title=BAL 3.49 +0.98
24 Sun Token title=SUN 0.01 +0.94
25 Chiliz title=CHZ 0.12 +0.75
26 Sushi title=SUSHI 1.01 +0.70
27 SafePal title=SFP 0.78 +0.69
28 THORChain title=RUNE 5.37 +0.41

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 Paris Saint-Germain Fan Token title=PSG 4.32 -14.53
2 dogwifhat title=WIF 2.88 -11.12
3 BOOK OF MEME title=BOME 0.01 -10.21
4 Powerledger title=POWR 0.32 -10.01
5 FC Porto title=PORTO 2.36 -9.70
6 Aevo title=AEVO 1.29 -8.59
7 Viction title=VIC 0.55 -8.31
8 Arkham title=ARKM 2.40 -8.06
9 Saga title=SAGA 2.88 -8.04
10 JasmyCoin title=JASMY 0.02 -7.82
11 Tensor title=TNSR 0.78 -7.51
12 Pixels title=PIXEL 0.38 -7.31
13 CyberConnect title=CYBER 7.91 -7.16
14 Galxe title=GAL 3.43 -6.75
15 Pyth Network title=PYTH 0.49 -6.71
16 Omni Network title=OMNI 16.88 -6.64
17 League of Kingdoms title=LOKA 0.25 -6.61
18 Portal title=PORTAL 0.75 -6.31
19 NFPrompt title=NFP 0.46 -6.26
20 Oasis Network title=ROSE 0.09 -6.14
21 Illuvium title=ILV 88.47 -6.10
22 Ether.fi title=ETHFI 3.67 -6.09
23 Massive Protocol title=MAV 0.37 -6.07
24 Nano title=XNO 1.18 -6.03
25 PowerPool Concentrated Voting Power title=CVP 0.37 -5.92
26 Any Inu title=AI 1.10 -5.90
27 JOE title=JOE 0.47 -5.87
28 Avalanche title=AVAX 34.52 -5.86
29 IoTeX title=IOTX 0.05 -5.72
30 Synapse title=SYN 0.83 -5.72

Bitcoin's Greed and Fear Index.

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64
Greed

Global CryptoCurrency News

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at news date
1 My traumatic Apple ID hack showed pitfalls of centralized identity 2024-05-08
2 SEC pushes back against Terraforms claims fraud happened outside US 2024-05-08
3 Ethereum price lags due to weaker capital rotation but crypto macro uptrend remains 2024-05-08
4 Susquehanna International Group adds 1B in Bitcoin ETFs to portfolio 2024-05-08
5 Philosopher Yuval Noah Harari warns of AIs risks in finance 2024-05-08
6 Ex Digitex Futures Exchange CEO pleads guilty to violating Bank Secrecy Act 2024-05-08
7 Grayscale withdraws its Ethereum Futures ETF application 2024-05-08
8 FTX plans full pay back of all creditors plus billions in compensation 2024-05-08
9 SECs Gary Gensler is getting irked being asked about crypto 2024-05-08
10 2 key Bitcoin indicators have cooled off Why it could be bullish 2024-05-08
11 LocalMonero exchange shuts down as crypto privacy services dwindle 2024-05-08
12 Australian Tax Office seeks data from 12M crypto exchange users Report 2024-05-07
13 Leading Colombian bank launches crypto exchange and peso stablecoin 2024-05-07
14 Crypto options desk QCP Capital wins Abu Dhabi license Report 2024-05-07
15 Hong Kong central bank forms community to explore asset tokenization 2024-05-07
16 Bitcoin exchange inflows drop to 10 year lows after 74K all time highs 2024-05-07
17 QANplatform launches worlds first quantum resistant EVM compatible testnet 2024-05-07
18 Buy altcoins now but sell before mid 2025 Charles Edwards X Hall of Flame 2024-05-07
19 EU crypto regulations undermined by lack of enforcement say observers 2024-05-07
20 Crypto is top of mind for voters in US swing states Harris Poll 2024-05-07
21 Ethereum L2 EigenLayer is last of life changing airdrops experts say 2024-05-07
22 Crypto firms to see more enforcement actions within 2 years CFTC chair 2024-05-07
23 Central banks must revise business model embrace CBDCs ECB member 2024-05-07
24 Memecoins sell off as Bitcoin price takes the spotlight Is meme season over 2024-05-07
25 Bitcoin miner Marathon Digital to join SampP SmallCap 600 shares jump 18 2024-05-07
26 SEC punts Galaxy spot Ethereum ETF decision to July 2024-05-07
27 Bitcoin as strong as ever with record high 200 day moving average 2024-05-07
28 Tom Brady grilled on FTX ties in Netflix roast He fucked those people 2024-05-07
29 Bitcoin Runes reclaim dominance over BTC transactions 2024-05-06
30 FTX addresses transferred 83M one day before amended proposal deadline 2024-05-06
31 Turkish crypto bill 5 things to know before its introduced 2024-05-06
32 Nasdaq listed Tiger Brokers rolls out online crypto trading to Hong Kong 2024-05-06
33 Robinhood crypto business slapped with SEC Wells notice 2024-05-06
34 First Bitcoin backed synthetic dollar to launch with 25 yield 2024-05-06
35 Mango Markets DAO buyback plan leads to accusations of self dealing 2024-05-06
36 Runes and BRC 20s are just a stepping stone for Bitcoin DeFi 2024-05-06
37 Summer will offer 039perfect opportunity039 for investing in crypto Arthur Hayes 2024-05-06
38 Cardano founder proposes Bitcoin Cash integration in X poll 2024-05-06
39 Bitcoin reaches one billion transactions 2024-05-06
40 Bad actors and block storms Bitcoin dev calls for testnet reboot 2024-05-06
41 Crypto venture capital funding hits 1B for second straight month 2024-05-06
42 Weekend Wrap SOL set for bronze Bitcoiner fat fingers 100K fee and more 2024-05-06
43 Could stablecoin volumes overtake Visa this quarter 2024-05-06
44 Bitcoin will propel the next leg up if key trading pattern confirms Traders 2024-05-05
45 Bitfinex database breach seems fake says CTO 2024-05-05
46 Sui Network addresses claims about its token supply 2024-05-05
47 Coinbase faces new lawsuit over alleged investor deception 2024-05-05
48 Uniswap CEO weighs In on ethical token distribution 2024-05-05
49 Where to store your crypto Wallets provide diverse options for holders 2024-05-05
50 Warren Buffett compares AI to nukes after seeing deepfake doppelganger 2024-05-05

US news that has a significant impact on the market

at news day date time
1 Final Wholesale Inventories m/m Wednesday 08-05-2024 15:00
2 Crude Oil Inventories Wednesday 08-05-2024 15:30
3 FOMC Member Jefferson Speaks Wednesday 08-05-2024 16:00
4 10-y Bond Auction Wednesday 08-05-2024 18:01
5 FOMC Member Cook Speaks Wednesday 08-05-2024 18:30
6 Unemployment Claims Thursday 09-05-2024 13:30
7 Mortgage Delinquencies Thursday 09-05-2024 15:00
8 Natural Gas Storage Thursday 09-05-2024 15:30
9 30-y Bond Auction Thursday 09-05-2024 18:01
10 FOMC Member Daly Speaks Thursday 09-05-2024 19:00
11 FOMC Member Bowman Speaks Friday 10-05-2024 14:00
12 Prelim UoM Consumer Sentiment Friday 10-05-2024 15:00
13 Prelim UoM Inflation Expectations Friday 10-05-2024 15:00
14 FOMC Member Barr Speaks Friday 10-05-2024 18:30
15 Federal Budget Balance Friday 10-05-2024 19:00

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