Pepecoin (PEPE) price action points to a potential 70% drop
A bearish chart pattern suggests that PEPE could shave off another 70% in value, especially if the wider market continues to trend down.
A bearish chart pattern suggests that PEPE could shave off another 70% in value, especially if the wider market continues to trend down.
Michael Kanovitz, a lawyer threatening to file a class action against Ben.eth, says the PSYOP scheme bear similarities to cases that have seen SEC enforcement.
Memecoins have come a long way from the early days of being joke cryptocurrencies.
Memecoins can be used as a form of currency, although their acceptance and stability may vary.
Pepecoin is a new meme-inspired cryptocurrency that's growing faster than Shiba Inu in its early days thanks to some big-name exchange listings.
For a lucky few, memecoins can provide a "path to wealth," for others it's simply a "risky gamble" Matrixport's Markus Thielen tells Cointelegraph.
Pepe has witnessed a 56% decline over the past 5 days, wiping a billion dollars from its total market cap.
A user spent an additional 76% of their total purchase price in gas fees on a single memecoin trade.
A memecoin whale who purchased roughly $3 million worth of the Pepe token just days ago is now sitting on an unrealized loss of around $600,000.
A new "speedrun" video shows how anyone can create a brand new cryptocurrency in less than 30 seconds.