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As of December 28, 2024, the cryptocurrency Pepe ($PEPE ) is trading at approximately $0.000017 per token, with a 24-hour trading volume around $1.21 billion. In recent news, the meme coin market, including tokens like PEPE, has experienced a decline. Analysts suggest that the fading popularity of meme coins this cycle is due to a shift in investor focus towards more established cryptocurrencies like Bitcoin, which has shown significant gains this year. Additionally, there are reports indicating that smart money investors have been selling off their PEPE holdings, leading to a decrease in its price. This trend raises questions about the sustainability of PEPE's previous rallies. $PEPE Happy New year in Advance 🌹

$PEPE tested the support area and bounced back. You can consider opening a long position around this support level. We may see a continuation of the upward movement in the coming days. Support Area: $0.00001680-$0.00001740 Resistance Area: $0.00001950-$0.00002000

Amid ongoing market uncertainty, Pepe (PEPE), the world’s third-largest crypto meme coin, is gaining significant attention from whales and traders. As of today, December 28, 2024, the overall cryptocurrency market appears to be struggling, including major assets like Bitcoin, Ethereum, Solana, and PEPE. PEPE Whale Purchased 1.42 Trillion Meme Coin Despite these struggles, whales and traders have begun showing interest and confidence in the token, as reported by the on-chain analytics firm Coinglass and the whale transactions tracker Lookonchain. Recently, Lookonchain posted on X (formerly Twitter) that a crypto whale, who had previously sold all of his PEPE holdings for a profit of $11.7 million, has repurchased a significant 1.42 trillion PEPE worth $24.5 million amid the market dip. However, this substantial meme coin accumulation has occurred over six days, signaling an ideal buy-the-dip opportunity. In addition to this whale acquisition, PEPE spot inflow/outflow data revealed that exchanges have witnessed a significant outflow of $40.86 million worth of PEPE. This suggests that long-term holders are withdrawing tokens from exchanges. Outflow is an on-chain metric that indicates long-term holders’ withdrawals from exchanges, often signaling potential upside momentum and increased buying pressure. PEPE Technical Analysis and Upcoming Level According to expert technical analysis, PEPE has been consolidating within a tight range between $0.0000167 and $0.0000195 over the past ten days. However, a breakout from this consolidation could propel the meme coin significantly. $PEPE PEPE Price Prediction Based on recent price action, if PEPE breaches this consolidation zone and closes a daily candle above the $0.000020 level, there is a strong possibility it could soar by 40% to reach the $0.0000278 mark in the future. PEPE’s bullish thesis will remain valid only if it closes a daily candle above the $0.000020 level; otherwise, it may fail to gain upward momentum. Current Price Momentum At press time, PEPE is trading near the $0.000018 mark and has experienced a price rally of over 4.5% in the past 24 hours. During the same period, its trading volume declined by a modest 3.2%, indicating reduced participation from traders and investors amid a shift in market sentiment. $PEPE

Meme Coin Presale Trend Goes Wild on Solana: Almost $150 Million Raised An investigation carried out by blockchain sleuth Zackxbt has found that the trend where individuals ask for funds on social networks and promote their meme coin launches has grown in popularity. Almost $150 million has been raised on Solana after Book of Meme (BOME), the token that pioneered this trend, launched earlier this month. Meme Coin Presale Trend Goes Popular on Solana The meme coin presale trend, where users on X (formerly known as Twitter) invite other users to send them funds for a presale process before launching a token has become popular in the Solana community. Blockchain sleuth Zackxbt has found that these initiatives have been successful, raising almost $150 million in SOL. This trend was pioneered by Darkfarms, a meme artist known for his Pepe creations who launched its Book of Meme (BOME) token to become a .

The crypto market surges to $3.33 trillion as meme coins like Pepeto and Pepe drive the altcoin season with explosive growth potential.The cryptocurrency market has surged back to a total valuation of $3.33 trillion, reigniting investor enthusiasm as altcoins outpace Bitcoin’s growth. This shift signals the onset of a potential altcoin season, with meme coins emerging as key players in the rally. Meme coin valuations have surpassed $100 billion, with established tokens like Pepe (PEPE) maintaining strong positions. As the market regains momentum, new projects such as Pepeto (PEPETO) are attracting attention, showcasing the meme coin sector’s vitality and its potential for exponential growth.Pepe continues to solidify its legacy as one of the most valuable meme coins, holding a price of $0.00001736. Over the past year, Pepe has achieved a remarkable 1154% price increase, demonstrating its enduring appeal. While its growth has stabilized in recent weeks, positive funding rates and a history of rapid rebounds suggest potential for further gains.As the third-largest meme coin by market cap, Pepe is a symbol of resilience. However, with much of its explosive growth behind it, investors are now looking toward emerging opportunities like Pepeto, a new contender with a captivating narrative and promising utility.