{"id":523231,"date":"2024-05-20T08:44:11","date_gmt":"2024-05-20T08:44:11","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=523231"},"modified":"2024-05-20T08:44:11","modified_gmt":"2024-05-20T08:44:11","slug":"pepe-price-pumps-12-in-a-week-but-investors-are-flocking-to-this-multi-chain-dogecoin-derivative-and-its-53-annual-yield","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/pepe-price-pumps-12-in-a-week-but-investors-are-flocking-to-this-multi-chain-dogecoin-derivative-and-its-53-annual-yield","title":{"rendered":"Pepe Price Pumps 12% In A Week, But Investors Are Flocking To This Multi-Chain Dogecoin Derivative And Its 53% Annual Yield"},"content":{"rendered":"<p>The Pepe price is up 12% in the past seven days to trade for <a href=\"https:\/\/www.coingecko.com\/en\/coins\/pepe\">$0.0594<\/a> as of 01:04 a.m. EST.<\/p>\n<p>In the past 24 hours, the PEPE price is down a fraction on trading volume that dipped 10%. Nevertheless, the frog-themed token is trending amid speculation of a possible Ethereum exchange-traded fund (ETF) approval. Some hold that an approval of the ETH ETF could bode well for PEPE.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Which coin moves the hardest on the off chance that an <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a> ETF is approved?<\/p>\n<p>My guess is <a href=\"https:\/\/twitter.com\/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$PEPE<\/a><\/p>\n<p>&mdash; HORSE (@TheFlowHorse) <a href=\"https:\/\/twitter.com\/TheFlowHorse\/status\/1792353877641339169?ref_src=twsrc%5Etfw\">May 20, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Some futures traders are taking bold long positions.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Longed some <a href=\"https:\/\/twitter.com\/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$PEPE<\/a>. Plan is to take profits at the highs and flip short there. The profits from the long should give me a nice buffer for the short. <\/p>\n<p>Logic behind this idea was explained in my latest YouTube vid shared below &#128071; <a href=\"https:\/\/t.co\/djKhcUym6g\">https:\/\/t.co\/djKhcUym6g<\/a><\/p>\n<p>&mdash; CrediBULL Crypto (@CredibleCrypto) <a href=\"https:\/\/twitter.com\/CredibleCrypto\/status\/1792383332342444442?ref_src=twsrc%5Etfw\">May 20, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Reports indicate that 558 new addresses bought PEPE this weekend.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">+558 new <a href=\"https:\/\/twitter.com\/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$PEPE<\/a> holder today.<\/p>\n<p>All memes are having a small pullback after a crazy month of gains. <\/p>\n<p>Nothing interesting is happening, enjoy your weekend.<\/p>\n<p>&#128154;&#128056; <a href=\"https:\/\/t.co\/CF2ZndvfdD\">https:\/\/t.co\/CF2ZndvfdD<\/a> <a href=\"https:\/\/t.co\/hOcSTybURv\">pic.twitter.com\/hOcSTybURv<\/a><\/p>\n<p>&mdash; Plazma (@Plazma0x) <a href=\"https:\/\/twitter.com\/Plazma0x\/status\/1791883681922969801?ref_src=twsrc%5Etfw\">May 18, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Much of the optimism around PEPE follows the Bitcoin price soaring above the $67,000 threshold. This saw the Ethereum price reclaim above the $3,000 psychological level as the Solana price ascended above $170. The market capitalization of meme coins soared 8% to hit $58 billion. In turn, the Dogecoin (DOGE) price, Shiba Inu (SHIB), and the Pepe (PEPE) price also skyrocketed.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Last week's crypto market saw major surges and short squeezes, but here's what caught our eye:<\/p>\n<p>BTC soared above $67k, ETH topped $3k, and SOL regained $170.<\/p>\n<p>Meme coins' market cap rose 8% hitting $58B, with <a href=\"https:\/\/twitter.com\/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$DOGE<\/a>, <a href=\"https:\/\/twitter.com\/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SHIB<\/a>, and <a href=\"https:\/\/twitter.com\/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$PEPE<\/a> leading the charge.<\/p>\n<p>h\/t: <a href=\"https:\/\/twitter.com\/COIN360com?ref_src=twsrc%5Etfw\">@COIN360com<\/a> <a href=\"https:\/\/t.co\/oOWdp0WOM5\">pic.twitter.com\/oOWdp0WOM5<\/a><\/p>\n<p>&mdash; algoworx (@algoworx) <a href=\"https:\/\/twitter.com\/algoworx\/status\/1792435654095249708?ref_src=twsrc%5Etfw\">May 20, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Pepe Price Prediction<\/h2>\n<p>The Pepe price is trading with a bullish bias, holding above the $0.000009081 threshold as PEPE bulls defend weekly gains. The market is still leaning in favor of the upside, and if the aforementioned buyer congestion level holds as a support, the Pepe price could bounce. Traders looking to take long positions on PEPE should probably consider waiting for a candlestick close above $0.000009887.<\/p>\n<p>A stable close above the said level would entice more buy orders, potentially sending the Pepe price to the $0.000012000 psychological level.<\/p>\n<p>Momentum indicators are also leaning in favor of the bulls. The Relative Strength Index (RSI) is deviating to the upside. This suggests growing bullish sentiment, and is accentuated by the spike in the node on the volume profile.<\/p>\n<p>The Awesome Oscillator, also a momentum indicator, supports the bullish thesis as it continues to hold in positive territory. This suggests that the short-term momentum is greater than the long-term momentum, signaling a strong upward movement in prices. This could be a good indication for traders to consider entering or holding onto long positions.<\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/05\/PEPEUSD.png\"><img decoding=\"async\" class=\"aligncenter wp-image-523232 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/05\/PEPEUSD.png\" alt=\"Pepe price\" width=\"1366\" height=\"768\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/05\/PEPEUSD.png 1366w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/05\/PEPEUSD-300x169.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/05\/PEPEUSD-1024x576.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/05\/PEPEUSD-768x432.png 768w\" sizes=\"(max-width: 1366px) 100vw, 1366px\"><\/a><\/p>\n<p><a href=\"https:\/\/www.geckoterminal.com\/eth\/pools\/0xa43fe16908251ee70ef74718545e4fe6c5ccec9f\" target=\"_blank\" rel=\"noopener\">GeckoTerminal: PEPE\/USDT 1-day chart<\/a><\/p>\n<p>On the other hand, if the $0.000009081 support level gives out, the Pepe price could fall through. An extended fall below the $0.000009000 psychological level would invalidate the bullish thesis.<\/p>\n<p>Meanwhile, as the Pepe price defends its weekly gains, some traders are rotating capital into the up-and-coming Dogecoin 2.0 ICO, DOGEVERSE, which offers a staking function with a 53% annual yield.<\/p>\n<p>Dogeverse is the first multichain meme coin and it features among Crypto YouTuber Jacob Bury&rsquo;s list of meme coins with 10X potential.<\/p>\n<p><iframe title=\"Dogeverse Raises Over $15,000,000 - Next 10X Potential Meme Coin?!\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/z4kQycQ1m9E?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h2>Promising Alternative To Pepe<\/h2>\n<p>DOGEVERSE is the powering token of the <a href=\"https:\/\/insidebitcoins.com\/visit\/dogeverse\" target=\"_blank\" rel=\"noopener nofollow\">Dogeverse<\/a> ecosystem, a new presale that is challenging industry norms by inviting traders into a new domain of interconnected memetic activity.<\/p>\n<p>Dogeverse is the first meme coin to launch on the six most used blockchains after Bitcoin, and says it is &ldquo;The World&rsquo;s First Chain Traveling Doge.&rdquo;<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Shit! Wormholed to the wrong place again!<\/p>\n<p>Definitely NOT going there! &#127965;&#65039;<a href=\"https:\/\/twitter.com\/hashtag\/Memecoins?src=hash&amp;ref_src=twsrc%5Etfw\">#Memecoins<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw\">#Ethereum<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/DOGE?src=hash&amp;ref_src=twsrc%5Etfw\">#DOGE<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&amp;ref_src=twsrc%5Etfw\">#Crypto<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/MemeCoinSeason2024?src=hash&amp;ref_src=twsrc%5Etfw\">#MemeCoinSeason2024<\/a> <a href=\"https:\/\/t.co\/vRgssnVJdd\">pic.twitter.com\/vRgssnVJdd<\/a><\/p>\n<p>&mdash; DogeVerse (@The_DogeVerse) <a href=\"https:\/\/twitter.com\/The_DogeVerse\/status\/1788901886461874540?ref_src=twsrc%5Etfw\">May 10, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>While most meme coins are limited to just one blockchain network, Dogeverse is built atop Ethereum, BNB, Polygon, Solana, Avalanche, and Base chains. While there are multi-chains cryptos already, none are as expansive and interconnected as DOGEVERSE.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Why limit to one when you can have it all? $DOGEVERSE begins on the secure <a href=\"https:\/\/twitter.com\/hashtag\/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw\">#Ethereum<\/a> network, ensuring robust security and reliability. &#128737;&#65039;&#128187;<\/p>\n<p>&#128293; Bridging gaps between <a href=\"https:\/\/twitter.com\/hashtag\/Cryptocurrency?src=hash&amp;ref_src=twsrc%5Etfw\">#Cryptocurrency<\/a> ecosystems, we enhance liquidity, utility, and fun across the entire <a href=\"https:\/\/twitter.com\/hashtag\/Cryptoverse?src=hash&amp;ref_src=twsrc%5Etfw\">#Cryptoverse<\/a>! &#127881;<a href=\"https:\/\/twitter.com\/hashtag\/AltSeason?src=hash&amp;ref_src=twsrc%5Etfw\">#AltSeason<\/a> <a href=\"https:\/\/t.co\/zOg8albhry\">pic.twitter.com\/zOg8albhry<\/a><\/p>\n<p>&mdash; DogeVerse (@The_DogeVerse) <a href=\"https:\/\/twitter.com\/The_DogeVerse\/status\/1786380274797814267?ref_src=twsrc%5Etfw\">May 3, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>With this competitive advantage, the token is creating a narrative that is concentrating minds on the widening opportunities of meme coins being spun up on multiple chains.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Never underestimate the power of flexibility and choice! &#128170; &#127947;&#65039;&zwj;&#9792;&#65039; <\/p>\n<p>$DOGEVERSE offers something uniquely different to others&hellip;offering yourself a preferred <a href=\"https:\/\/twitter.com\/hashtag\/Blockchain?src=hash&amp;ref_src=twsrc%5Etfw\">#Blockchain<\/a>. &#127757; <\/p>\n<p>Whether it&rsquo;s <a href=\"https:\/\/twitter.com\/hashtag\/ETH?src=hash&amp;ref_src=twsrc%5Etfw\">#ETH<\/a>, <a href=\"https:\/\/twitter.com\/hashtag\/SOL?src=hash&amp;ref_src=twsrc%5Etfw\">#SOL<\/a>, <a href=\"https:\/\/twitter.com\/hashtag\/BNB?src=hash&amp;ref_src=twsrc%5Etfw\">#BNB<\/a> Chain, <a href=\"https:\/\/twitter.com\/hashtag\/BASE?src=hash&amp;ref_src=twsrc%5Etfw\">#BASE<\/a>, <a href=\"https:\/\/twitter.com\/hashtag\/MATIC?src=hash&amp;ref_src=twsrc%5Etfw\">#MATIC<\/a> or <a href=\"https:\/\/twitter.com\/hashtag\/AVAX?src=hash&amp;ref_src=twsrc%5Etfw\">#AVAX<\/a>, align with YOUR needs for speed and cost!<\/p>\n<p>&mdash; DogeVerse (@The_DogeVerse) <a href=\"https:\/\/twitter.com\/The_DogeVerse\/status\/1786078245051310373?ref_src=twsrc%5Etfw\">May 2, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Dogeverse has had an epic run in its ICO, boasting upwards of $15 million in presale sales. It&rsquo;s now offering the last chance to buy DOGEVERSE for $0.00031. If you are interested to buy, act soon before the token&rsquo;s imminent launch.<\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/dogeverse\" target=\"_blank\" rel=\"noopener nofollow\">Visit and buy Dogeverse on the official website here<\/a>.<\/p>\n<h3>Also Read:<\/h3>\n<ul>\n<li><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/how-to-buy-dogeverse\">How to Buy Dogeverse &ndash; $DOGEVERSE Presale Review<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/top-3-meme-coin-presale-gems-to-buy-in-may-with-100x-potential-dogeverse-wai-and-seal\">Top 3 Meme Coin Presale Gems to Buy in May with 100x Potential &ndash; $DOGEVERSE, $WAI, and $SEAL<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/roaring-kitty-price-prediction-kitty-slumps-40-as-gamestop-rally-fizzles-out-and-dogeverse-offers-last-chance-to-buy\">Roaring Kitty Price Prediction: KITTY Slumps 40% As GameStop Rally Fizzles Out And Dogeverse Offers Last Chance To Buy<\/a><\/li>\n<li><a href=\"https:\/\/www.linkedin.com\/pulse\/best-meme-coins-invest-top-picks-exponential-gains-calsona-iorle\">Best Meme Coins to Invest in: Top Picks for Exponential Gains!<\/a><\/li>\n<\/ul>\n\n            \n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">The Pepe price is up 12% in the past seven days to trade for $0.0594 as of 01:04 a.m. EST. In the past 24 hours, <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/news\/pepe-price-pumps-12-in-a-week-but-investors-are-flocking-to-this-multi-chain-dogecoin-derivative-and-its-53-annual-yield\" title=\"Pepe Price Pumps 12% In A Week, But Investors Are Flocking To This Multi-Chain Dogecoin Derivative And Its 53% Annual Yield\">[&#8230;]<\/a><\/div>","protected":false},"author":1911,"featured_media":523235,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-523231","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Pepe Price Pumps 12% In A Week, But Investors Are Flocking To This Multi-Chain Dogecoin Derivative And Its 53% Annual Yield - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"The Pepe price is up 12% in the past seven days to trade for $0.0594 as of 01:04 a.m. EST. In the past 24 hours, the PEPE price is down a fraction on\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/523231\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pepe Price Pumps 12% In A Week, But Investors Are Flocking To This Multi-Chain Dogecoin Derivative And Its 53% Annual Yield\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-20T08:44:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/05\/PEPE.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lockridge Okoth\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Mocking84266113\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lockridge Okoth\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/523231#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/523231\"},\"author\":{\"name\":\"Lockridge Okoth\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/db77f006c3468d2e63f9fc73e0476742\"},\"headline\":\"Pepe Price Pumps 12% In A Week, But Investors Are Flocking To This Multi-Chain Dogecoin Derivative And Its 53% Annual Yield\",\"datePublished\":\"2024-05-20T08:44:11+00:00\",\"dateModified\":\"2024-05-20T08:44:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/523231\"},\"wordCount\":698,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/523231#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/05\/PEPE.jpeg\",\"articleSection\":[\"More Crypto News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/523231#respond\"]}],\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/523231\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/523231\",\"name\":\"Pepe Price Pumps 12% In A Week, But Investors Are Flocking To This Multi-Chain Dogecoin Derivative And Its 53% Annual Yield - InsideBitcoins.com\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/523231#primaryimage\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/523231#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/05\/PEPE.jpeg\",\"datePublished\":\"2024-05-20T08:44:11+00:00\",\"dateModified\":\"2024-05-20T08:44:11+00:00\",\"description\":\"The Pepe price is up 12% in the past seven days to trade for $0.0594 as of 01:04 a.m. EST. 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