{"id":546657,"date":"2023-08-10T14:05:53","date_gmt":"2023-08-10T14:05:53","guid":{"rendered":"https:\/\/uniquehot.com\/?p=546657"},"modified":"2024-06-11T11:19:31","modified_gmt":"2024-06-11T11:19:31","slug":"pepe-coin-makes-minor-gains-with-3-5-spike-sign-of-recovery","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/pepe-coin-makes-minor-gains-with-3-5-spike-sign-of-recovery\/","title":{"rendered":"PEPE Coin Makes Minor Gains With 3.5% Spike – Sign Of Recovery?"},"content":{"rendered":"

PEPE has emerged as a symbol of resilience in the face of uncertainty in the broader meme coin market. A timely intervention by a deep-pocketed investor, an anonymous whale, has breathed new life into the frog-themed token, giving it a shot in the arm.\u00a0<\/span><\/p>\n

In the unpredictable flow of the crypto space, the influence of well-to-do cryptocurrency whales has come into focus. These influential investors hold the power to sway market dynamics, often leaving smaller traders in their wake. The recent resurgence of PEPE is a striking illustration of the impact these whales can exert.\u00a0<\/span><\/p>\n

Related Reading: Cardano False Breakdown: Could It Set The Stage For A 26% Climb?<\/a><\/div>\n

According to <\/span>Lookonchain\u2019s data<\/span><\/a>, a substantial investment of 1 million USDC secured a staggering 807 billion PEPE tokens, all acquired at an ostensibly modest price of $0.000001239 per token. This calculated move was spurred by a noticeable surge in PEPE’s market valuation.<\/span><\/p>\n

\n

A whale spent 1M $USDC<\/a> to buy 807B $PEPE<\/a> at $0.000001239 7 hrs ago after the price of $PEPE<\/a> increased.https:\/\/t.co\/P03KsDrzFi<\/a> pic.twitter.com\/0hjW6ewDjp<\/a><\/p>\n

\u2014 Lookonchain (@lookonchain) August 9, 2023<\/a><\/p><\/blockquote>\n

Whales: Catalysts Of PEPE’s Reawakening<\/strong><\/h2>\n

Notably, such substantial investments serve not only as a financial injection but also as a confidence <\/span>boost within the PEPE community<\/span><\/a>. The actions of this anonymous whale have ignited a renewed sense of hope, accentuating the noteworthy role that these influential figures play in steering the course of the cryptocurrency landscape.<\/span><\/p>\n

As PEPE tries to go up, there’s an important point coming up: the 50-day moving average resistance. This point is really important because it shows how strong PEPE is and where it might go next. If PEPE can go past this point, it could start climbing even more, bringing lots of positivity and interest to PEPE.<\/span><\/p>\n

<\/p>\n

PEPE sees a slight increase in price. Chart at TradingView.com<\/a><\/pre>\n

CoinGecko data <\/span><\/a>currently places PEPE’s price at $0.00000124, down 1.5% in the last day, but managed to sustain a weekly gain of 2.3%. These measured yet consistent advances underscore the inherent resilience that PEPE continues to exhibit, even in the face of broader market fluctuations.<\/span><\/p>\n

\"\"<\/p>\n

Source: Coingecko<\/a><\/pre>\n

PEPE & Community Engagement’s Impact<\/strong><\/h2>\n

Lunarcrush’s data cited in a recent <\/span>price analysis<\/span> demonstrates a 1.9% increase in social interactions and an impressive surge of 28.25% in social mentions. This surge in online discussions underscores the vital role that community engagement plays in shaping the trajectory of meme coins like PEPE.<\/span><\/p>\n

Further enhancing the narrative, weighted sentiment, a pivotal marker of market sentiment, has recently experienced an upward swing. This shift indicates a heightened degree of positivity surrounding PEPE in online dialogues. <\/span><\/p>\n

Such shifts in sentiment often foreshadow broader market movements, potentially setting the stage for a notable resurgence of the token.<\/span><\/p>\n

Related Reading: Shiba Inu Investors Jubilate As Meme Coin Jumps 18% Ahead Of Shibarium Debut<\/a><\/div>\n

With the noteworthy juncture of the moving average resistance level ahead, and the amplifying impact of community interactions and sentiment shifts, all eyes are on PEPE as it navigates its path forward.<\/span><\/p>\n

(This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk).<\/em><\/p>\n

Featured image from The New York Times<\/span><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

PEPE has emerged as a symbol of resilience in the face of uncertainty in the broader meme coin market. A timely intervention by a deep-pocketed investor, an anonymous whale, has breathed new life into the frog-themed token, giving it a shot in the arm.\u00a0 In the unpredictable flow of the crypto space, the influence of well-to-do cryptocurrency whales has come into focus. These influential investors hold the power to sway market dynamics, often leaving smaller traders in their wake. The recent resurgence of PEPE is a striking illustration of the impact these whales can exert.\u00a0 Related Reading: Cardano False Breakdown: Could It Set The Stage For A 26% Climb? According to Lookonchain\u2019s data, a substantial investment of 1 million USDC secured a staggering 807 billion PEPE tokens, all acquired at an ostensibly modest price of $0.000001239 per token. This calculated move was spurred by a noticeable surge in PEPE’s market valuation. A whale spent 1M $USDC to buy 807B $PEPE at $0.000001239 7 hrs ago after the price of $PEPE increased.https:\/\/t.co\/P03KsDrzFi pic.twitter.com\/0hjW6ewDjp \u2014 Lookonchain (@lookonchain) August 9, 2023 Whales: Catalysts Of PEPE’s Reawakening Notably, such substantial investments serve not only as a financial injection but also as a confidence boost within the PEPE community. The actions of this anonymous whale have ignited a renewed sense of hope, accentuating the noteworthy role that these influential figures play in steering the course of the cryptocurrency landscape. As PEPE tries to go up, there’s an important point coming up: the 50-day moving average resistance. This point is really important because it shows how strong PEPE is and where it might go next. If PEPE can go past this point, it could start climbing even more, bringing lots of positivity and interest to PEPE. PEPE sees a slight increase in price. Chart at TradingView.com CoinGecko data currently places PEPE’s price at $0.00000124, down 1.5% in the last day, but managed to sustain a weekly gain of 2.3%. These measured yet consistent advances underscore the inherent resilience that PEPE continues to exhibit, even in the face of broader market fluctuations. Source: Coingecko PEPE & Community Engagement’s Impact Lunarcrush’s data cited in a recent price analysis demonstrates a 1.9% increase in social interactions and an impressive surge of 28.25% in social mentions. This surge in online discussions underscores the vital role that community engagement plays in shaping the trajectory of meme coins like PEPE. Further enhancing the narrative, weighted sentiment, a pivotal marker of market sentiment, has recently experienced an upward swing. This shift indicates a heightened degree of positivity surrounding PEPE in online dialogues. Such shifts in sentiment often foreshadow broader market movements, potentially setting the stage for a notable resurgence of the token. Related Reading: Shiba Inu Investors Jubilate As Meme Coin Jumps 18% Ahead Of Shibarium Debut With the noteworthy juncture of the moving average resistance level ahead, and the amplifying impact of community interactions and sentiment shifts, all eyes are on PEPE as it navigates its path forward. (This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from The New York Times<\/p>\n","protected":false},"author":557,"featured_media":546660,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1,3],"tags":[1144,8686,83767,88145,4735],"class_list":["post-546657","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all","category-news","tag-btcusd","tag-ethusd","tag-meme-coins","tag-pepe","tag-price-action"],"acf":[],"yoast_head":"\nPEPE Makes Minor Gains With 3.5% Spike - Sign Of Recovery?<\/title>\n<meta name=\"description\" content=\"PEPE has emerged as a symbol of resilience in the face of uncertainty in the broader meme coin market. 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/uniquehot.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"PEPE Coin Makes Minor Gains With 3.5% Spike – Sign Of Recovery?","url":"http:\/\/uniquehot.com\/news\/pepe-coin-makes-minor-gains-with-3-5-spike-sign-of-recovery\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/pepe-coin-makes-minor-gains-with-3-5-spike-sign-of-recovery\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/a-16.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/a-16.jpg?fit=3000%2C1689"},"articleSection":"All","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["btcusd","ethusd","meme coins","pepe","price action"],"dateCreated":"2023-08-10T14:05:53Z","datePublished":"2023-08-10T14:05:53Z","dateModified":"2024-06-11T11:19:31Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"PEPE Coin Makes Minor Gains With 3.5% Spike – Sign Of Recovery?\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/pepe-coin-makes-minor-gains-with-3-5-spike-sign-of-recovery\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/pepe-coin-makes-minor-gains-with-3-5-spike-sign-of-recovery\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/a-16.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/a-16.jpg?fit=3000%2C1689\"},\"articleSection\":\"All\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"btcusd\",\"ethusd\",\"meme coins\",\"pepe\",\"price action\"],\"dateCreated\":\"2023-08-10T14:05:53Z\",\"datePublished\":\"2023-08-10T14:05:53Z\",\"dateModified\":\"2024-06-11T11:19:31Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/a-16.jpg?fit=3000%2C1689","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/546657"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=546657"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/546657\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/546660"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=546657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=546657"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=546657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}