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The Pepe price pumped 17% to trade for $0.00000711 as of 06:16 a.m. EST time on trading volume that jumped 25%.
Other meme coins also climbed, including Dogecoin (DOGE), Shiba Inu (SHIB), FLOKI (FLOKI), and Bonk (BONK).
Some think the Pepe price still has some serious upside potential left.
I think #Pepe really do have a strong chance of pulling a 10-15x
Than
some of this so called blue chipsBlue chips like #QNT
it's a speculative bullrun…the sooner you know this the better.
— Crypto Chiefpriest ⚡ (@CryptoCPriest) March 20, 2024
Pepe has also merited a position among the top five gainers on GroveX, a crypto trading platform, standing alongside the Book of Meme (BOME) and Fantom (FTM).
Top 5 Gainers on #GroveX 🔥#BOME +31.12%#MOG +29.27%#BRISE +16.81%#FTM +14.84%#PEPE +12.06%#CryptoPortfolio #Diversify #ListOnGroveX #GroveX #GroveCoin #USDT #ETH #Crypto #Market #CryptoNews #cryptocurrency pic.twitter.com/WuFsCRJoAX
— GroveX (@GroveXchange) March 20, 2024
Pepe Price Outlook
Based on the technical outlook, the Pepe price could climb nearly 20% towards the 50% Fibonacci placeholder of at $0.00000838. As the Fibonacci indicator typically shows the area where the price is likely to retest, the aforementioned level is of interest considering it is the midrange of the second Fibonacci placement as the Pepe price continues to hold above the midrange of the first.
In a highly bullish case, the Pepe price could extend the gains to the peak of the market range at $0.00001089. Such a move would denote a climb of approximately 55% above current levels.
Notice the Relative Strength Index (RSI) is attempting a flight, deviating away from the 50 midline. The Awesome Oscillator (AO) indicator is also holding in positive territory, showing that despite the recent weakness, the bulls continue to lead the PEPE market.
TradingView: PEPE/USDT 1-day chart
Converse Case
On the other hand, if selling pressure increases, the Pepe price could pull back, wiping out all the ground covered during the Wednesday session. This could see the Pepe price retrace the $0.00000586 support floor.
Meanwhile, amid what appears to be a come back from meme coins, investors are flocking to buy DOGE20. This Shiba Inu-themed meme coin has recently come into the space, built atop the Ethereum blockchain.
Promising Alternative To PEPE
DOGE20 is the ticker for the Dogecoin20 ecosystem, a project capturing the lively essence of meme coins. It is rooted in the iconic Dogecoin, which left its mark on internet culture and looks to uphold this legacy while embarking on a fresh journey.
https://twitter.com/DOGE_COIN20/status/1768242237266104505
At the core of Dogecoin20 lies its advanced staking system, which empowers token holders to actively participate in the network and earn rewards.
In the ever-evolving landscape of #Cryptocurrency, #Dogecoin20 emerges as a distinctive and innovative token. 🚀
Drawing inspiration from the beloved #Shiba Inu-themed #Memecoin universe while introducing a groundbreaking dimension of on-chain staking. 🌌 pic.twitter.com/aHTuT3Jh4o
— Dogecoin20 (@DOGE_COIN20) March 17, 2024
Through on-chain staking, users contribute to the token’s stability and growth while passively accumulating more tokens. This fosters a sense of ownership and boosts the token’s usefulness, highlighting its potential as a dynamic and self-sustaining asset.
Drawing inspiration from its Dogecoin roots, Dogecoin20 is committed to making a positive impact.
Dogecoin20 extends its influence beyond the digital realm by supporting charitable causes and community projects. By infusing purpose into its core, Dogecoin20 becomes a symbol of goodwill in a space often driven by speculation.
🐕 While #Dogecoin enjoys popularity, its future value has been constrained by an infinite supply, constantly adding more #Tokens to the market. 💎#DOGE20 addresses this by introducing a fixed supply, enabling unrestricted upward pressure on the token price. 🚀🔄#Memecoins pic.twitter.com/xCwaVz0T1J
— Dogecoin20 (@DOGE_COIN20) March 19, 2024
Dogecoin20 Market Debut
The $DOGE20 presale debuted last Thursday and has already raised $3.75 million.
Once again, #DOGE20 is exceeding all expectations! 🚀💰
Raising over $3,000,000! 💵
Wow! 😲
Who’s thinking of $4M tomorrow? 📈 pic.twitter.com/V0fHpsbpbZ
— Dogecoin20 (@DOGE_COIN20) March 19, 2024
Investors can buy DOGE20 tokens for $0.000202, but that price tag will only be available for slightly less than three days before a hike. So, don’t miss out on the lowest available price.
Also Read:
- Dogecoin Price Prediction: DOGE Slumps 11% As This Dogecoin Upgrade Blasts Past $3M In 5 Days
- Dogecoin20 Price Prediction – DOGE20 Price Potential in 2024
- How to Buy Dogecoin20 – DOGE20 Presale Review
- Dogecoin Price Prediction: DOGE Slumps 11% As This Dogecoin Upgrade Blasts Past $3M In 5 Days
- Next Big Meme Coin Dogecoin20 Surges Past $2M As DOGE Price Slumps 5%
-
Best Meme Coins to Invest in: Top Picks for Exponential Gains!
Newest Meme Coin ICO - Wall Street Pepe
- Audited By Coinsult
- Early Access Presale Round
- Private Trading Alpha For $WEPE Army
- Staking Pool - High Dynamic APY
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