Pepe Coin Defies Experts With $50 Million Trading Surge. Is Ultimate Meme Coin Poised to Surge Today?

Updated: 24 July 2023

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Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

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Pepe (PEPE) experiences a substantial 20% increase in trading volume within 24 hours, indicating a surge in investor interest and trading activity on the token.

Despite greater trading volume, the token’s price has declined by nearly 9% in the last 24 hours, leading to concerns among investors about its potential.

PEPE Price Performance

Pepe’s trading volume does not align with its price action today. Pepe has seen a 6% decline in the past week and an additional 8% drop on July 24th.

The token’s current value at 5:40 am EST stands at $0.000001465, highlighting the prevailing bearish sentiment surrounding it.

PEPE Price Battles Increasing Sell Pressure

PEPE’s price may encounter downward pressure as technical indicators indicate a bearish trend in the short term, with the token currently trading below both the 50-day and 200-day Moving Averages.

PEPE’s MACD below the signal line suggests a potential price decline. With the RSI at 35.70, approaching the oversold region, further retracement may occur if bulls don’t regain momentum, reflecting ongoing selling pressure on the token’s price.

Significant Factors That May Influence the PEPE’s Price in the Coming Days

Noted on-chain investigator Lookonchain revealed significant whale transactions on PEPE, sparking speculation about the coin’s future due to its high volatility and large money movements.

A recent tweet from Lookonchain on July 23 revealed that a crypto whale withdrew 2 trillion $PEPE tokens, totaling $3 million, from Binance.

Recently, Lookonchain reported a notable transaction where a whale withdrew a substantial 3.94 trillion $PEPE tokens, valued at $6.46 million, from Binance. This isn’t the first time such a large-scale transaction has occurred; the same whale executed similar withdrawals on June 27 and July 5.

A notable whale recently withdrew tokens from Binance and later deposited them back at a higher value, making around $600,000 in profit. These activities might lead to further price dips for Pepe coin.

Pepe Coin’s remarkable gains for early investors seem to have hit a plateau as recent developments indicate a slowdown in its price actions.

PEPE’s current price is 68% lower than its all-time high on May 5, according to CoinMarketCap data. The future direction of PEPE’s valuation remains uncertain, as it is unclear whether it will recover or continue declining.

Wall Street Memes Could Be the Best Alternative To PEPE

Wall Street Memes (WSM) stands apart from the ordinary meme coin projects, aiming to exceed the boundaries of digital tokens. While prioritizing this mission, WSM also offers promising financial prospects for early investors who seek to join the venture.

Furthermore, the project cultivates a policy of “different people, same mind,” allowing them to share a common vision of disrupting the conventional financial landscape.

Importantly, Wall Street Memes leverages the power of memes to enhance engagement and bring small investors together.

Wall Street Memes Main Features

NFT collections

Wall Street Meme demonstrates its innovative spirit by creating the Wall Street Bull NFT Collection. This remarkable collection comprises 10,000 exclusive digital assets, each symbolizing a distinct piece of Wall Street’s essence.

The NFTs offer a fresh and creative perspective on the world of finance, allowing unique engagement by enthusiasts.

Token airdrop

The meme crypto project offers a thrilling token airdrop initiative, allowing individuals to acquire $WSM tokens.

Interested participants can get into the airdrop event, and after six months, five fortunate winners will receive $10,000 worth of $WSM tokens. This endeavor generates excitement within the community and encourages more people to become part of the project.

Wall Street Memes Merchandise

WSM Merchandise WSM merchandise fosters a sense of unity among the Wall Street Memes community. Community members solidify their connection to the project’s shared vision by proudly wearing and displaying WSM-branded products.

Moreover, the merchandise is a powerful marketing tool, boosting brand awareness and recognition. As individuals showcase the Wall Street Memes logo and design daily, it ignites curiosity and interest among those who come across it.

Wall Street Memes Presale

Wall Street Memes has experienced success during its presale phase, raising over $17.4 million. This achievement has undoubtedly sparked a wave of optimism among investors, now eagerly anticipating the potential growth of the token’s value.

As the project progresses through its semi-final presale stage, each $WSM token goes for $0.0322. In the coming stage, the tokens will be valued at $0.0325.

How to buy $WSM tokens

Take part in the presale and acquire Wall Street Memes tokens via the official website.
Connect your crypto wallet with ETH or BNB to facilitate the purchase process.
Alternatively, use USDT (ERC-20 or BEP-20) to swap for $WSM tokens on the platform directly.
After the Token Generation Event (TGE), visit the Wall Street Memes website to claim and add the purchased tokens to your crypto wallet.