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The Pepe price has soared 5% in the past 24 hours to trade for $0.00000724 as of 03:55 a.m. EST on trading volume that dropped15%.
PEPE is leading the meme coin sector, with other large-sized market capitalization memecoins like Dogecoin (DOGE), Shiba Inu (SHIB), and Floki Inu (FLOKI) barely keeping up. Solana-based meme coins like Dogwifhat (WIF) and Bonk Inu (BONK) are still bleeding.
Crypto analyst and trader Murad, @MustStopMurad on X, says PEPE could flip both SHIB and DOGE to become the largest meme coin by market capitalization.
I think it is possible that $PEPE flips $SHIB and possibly even $DOGE.$PEPE is a cult community with 10,000,000+ unique memes that is perpetually relevant to modern culture, while $DOGE is literally just a single pic and $SHIB has zero memes to speak of.
— Murad (@MustStopMurad) April 23, 2024
Murad say PEPE has a cult-like following, unlike DOGE, which is “literally just a single pic,” while SHIB “has zero memes to speak of.”
I think it flips everything except doge
Doge is an og classic and the first ever memecoin
Which in itself holds more significance
— sticks 👹 (@blockchaingod69) April 23, 2024
There were some criticisms of the reasons Murad listed for PEPE rising to the top.
The idea of thinking that people care about unique meme pictures in any comparison to number go up has never made sense to me.
— MoistCertainly (@MoistCertainly) April 23, 2024
It is also impossible to ignore the competition that Solana meme coins have brought to the space. Pepe is now ranked again as the third-largest meme coin by market capitalization, but SOL-based meme coin Dogwifhat (WIF), overtook it briefly recently.
#WIF Beats #PEPE, Becomes Third Biggest Memecoin! https://t.co/MYKa8cDFzr
— Kakiforex (@kakiforexcom) April 1, 2024
Pepe Price Prediction As Analyst Bets On PEPE Leading The Sector
The Pepe price is stuck in the Fibonacci Golden Zone, a supply or demand zone that corresponds to the 61.8% or 50% Fibonacci retracement level. The market is still indecisive, shown by the Relative Strength Index (RSI) treading sideways with neither lower highs nor higher highs.
However, the market is leaning in favor of the upside, given the RSI remains above the mean level of 50. The Awesome Oscillator (AO) is also in positive territory, suggesting an abounding bullish sentiment in the PEPE market.
As the Pepe price winds around the 50% Fibonacci placeholder of $0.00000739, traders looking to take long or short positions for PEPE should wait for confirmation. A decisive candlestick close above the 38.2% Fibonacci retracement level of $0.00000820 would confirm the continuation of the uptrend.
For the skeptics, however, the ideal entry would be once the Pepe price clears the $0.000009000 psychological level.
TradingView: PEPE/USDT 1-day chart
In the same way, a candlestick close below the 61.8% Fibonacci retracement level at $0.00000657 would show that the Pepe price was in the hands of the bears. Skeptics looking to short Pepe price might want to wait for the PEPE to close below $0.000006000 on the daily timeframe.
Nevertheless, with the next directional bias for the Pepe price still in the balance, experts are enthusiastic about the prospects for new Solana-based crypto casino presale $DICE.
Promising Alternative To Pepe
Mega Dice, one of the top brands in the crypto casino space, is a new ICO. The DICE token powers the Mega Dice ecosystem, a global cryptocurrency casino brand that is already growing with upwards of 50K players and wagers in the region of $50 million per month.
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The success of the presale continues to grow, with upwards of $641K already raised.
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Exciting news! You can now refer users to the Mega Dice presale and earn a generous 10% commission on all referral purchases. Here's a simple guide on how to get started: ⤵️ pic.twitter.com/3Xptw2ZR3T
— Mega Dice Casino (@megadice) April 29, 2024
YouTuber Crypto Boy say that DICE has the potential to explode 100X on launch.
DICE Tailwinds
There are multiple tailwinds behind the Mega Dice presale. You can stake to earn passive income, with 10% of the total supply earmarked by the casino for staking rewards.
Early presale participants also stand a chance to receive bonus $DICE tokens, further incentivizing engagement with Mega Dice’s diverse offerings.
Mega Dice has also outlined plans to integrate the token into the casino’s loyalty program. This offers rewards that are more generous to gamers who use DICE tokens in their play. It will also unlock access to exclusive competitions and VIP experiences.
DICE tokens are priced at $0.069 each. If you are interested, buy now and you can also capitalize on an incentive program that offers a 10% commission on all referral purchases.
Visit and buy DICE token here. You can swap SOL, ETH, or BNB for $DICE tokens.
Also Read:
- Michael Wrubel’s Insights on Mega Dice Crypto Presale – Why He is Bullish on the GameFi Token?
- Mega Dice Presale Has Already Attracted Half a Million – Top GameFi Crypto on Solana?
- Solana’s Hottest New GambleFi Presale Mega Dice Has Already Blasted Past $500,000 In First Week
- What is a Crypto Presale? A Quick Guide to Getting in on the Ground Floor of New Cryptocurrencies!
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