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The Pepe price rose 4% in the last 24 hours to trade at $0.00000722 as of 04:30 a.m. EST on trading volume that surged 47% to $762 million.
The comes as Coinbase said it will list PEPE perpetual futures on both Coinbase International, the exchange’s off-shore arm for institutions, and Coinbase Advanced, according to an X post by the company.
Trading is set to commence on or after Apr. 18 at 9:30 a.m. UTC. PEPE soared almost 10% immediately after the announcement.
@CoinbaseIntExch will add support for Pepe perpetual futures on Coinbase International Exchange and Coinbase Advanced. The opening of our 1000PEPE-PERP market will begin on or after 9:30am UTC on 18 APR 2024. pic.twitter.com/DKu8YPGRYB
— Coinbase International Exchange 🛡️ (@CoinbaseIntExch) April 11, 2024
PEPE Price To Continue Its Bullish Stance Over The Bullish Pennant
The PEPE price has been in a consolidation phase since November, trading within the $0.0000020 range, which was the price movement during the bear market. March signified a significant surge to a new all-time high of $0.00001064.
Pepe has been on a downtrend since then, forming what resembles a bullish pennant, with the bulls finding support at $0.000005.
PEPE is also trading above the 50-day Simple Moving Average (SMA), which shows the potential for the price to soar even higher. If the bulls push the price over the upper boundary of the bullish pennant, PEPE could soar past the 200-day SMA hurdle.
Moreover, the Relative Strength Index (RSI) is at equilibrium at level 50. This indicates that the price is set for a breakout. A trend above the upper boundary of the pennant could push the RSI above the 70-overbought region, a signal of intense buying pressure.
Pepe Price Prediction
The Pepe price analysis on the 4-hour chart indicates that PEPE is on a bullish trend, trading within the confines of a bullish pennant pattern. As the bulls stage a rally, the price could rise to a new ATH at $0.000013.
However, if the bears take charge of the price, PEPE could retrace back to the support zone around $0.00000583.
Meanwhile, as the PEPE price surges, investors are also buying $DOGEVERSE, a new multi-chain token that is launching at a strategic time just ahead of International Doge Day on April 20.
Dogeverse Presale Hurtles Past $3 Million
Other major meme coins, including SHIB, FLOKI, BONK, and WIF, are mainly confined within their own chains.
Not Dogeverse (DOGEVERSE), which is built on a multichain network spanning six chains: Ethereum, BNB Smart Chain, Polygon, Avalanche, Solana, and Base.
The project’s mascot is Cosmo the Doge, the chain-hopping Doge born from a collapsing supernova. This allows the dog to hyperjump between the crypto universe’s stars, pushing its multichain utility.
🌐 Embracing Inclusive Accessibility! 🚀
$DOGEVERSE opens its doors to a wide audience, from #Ethereum aficionados to those preferring the rapid, cost-effective benefits of #Solana or #Polygon, fostering a diverse and inclusive community. 🐕🌟 pic.twitter.com/sXPOvaoz67
— DogeVerse (@The_DogeVerse) April 12, 2024
The platform also has a staking option that enables the staking of $DOGEVERSE tokens for a 358% annual percentage yield.
YouTube channel Cilinix Crypto says ”there’s a ton of momentum behind this presale” and its presenter adds that he will personally buy ”quite a lot of Dogeverse.”
You can participate in the presale by buying $DOGEVERSE tokens for $0.000293 each.
Act soon if you are interested because another price hike is coming in less than two days, and it’s likely to hit its second stage ceiling before that.
To participate, you can buy $DOGEVERSE from the official website here using ETH, USDT, or a bank card.
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