Dogecoin & Pepe Prices Pump as New Meme Coin ICO Raises $10m Ahead of Listings

Meme coin mania has returned to the crypto market, driving the worth of widespread tokens like Dogecoin (DOGE) and Pepe (PEPE) increased prior to now day.

Amid this hype, one challenge arguably producing essentially the most buzz is Dogecoin20 (DOGE20). The challenge has raised $10 million in its ICO forward of imminent change listings.

Dogecoin Rallies to $0.18 as Meme Coin Mania Ramps Up

Dogecoin has caught a recent wave of shopping for strain, pushing the coin to costs not seen in over per week.

DOGE is at the moment buying and selling at $0.18, representing a 3% achieve from yesterday’s lows.

The rally prolonged even additional earlier within the day, with Dogecoin spiking 7% increased earlier than a bout of profit-taking trimmed these beneficial properties.

Regardless of the pullback, DOGE’s worth motion was robust sufficient to go a key technical stage – the 20-day exponential transferring common (EMA) on the 1-hour chart.

With dip-buyers rising to prop up the uptrend, Dogecoin now finds itself inside hanging distance of revisiting its current two-year excessive from March 5 at round $0.208.

If traders can maintain the shopping for momentum, DOGE would want to rally simply 13% extra to retest that stage.

Nonetheless, one potential bearish catalyst is that over $116 million value of DOGE was despatched from three crypto wallets to the Robinhood change yesterday.

This huge switch may trace that enormous traders could also be seeking to take earnings on their current beneficial properties.

PEPE Leaps 11% Amid Resurgent Hype Cycle

Dogecoin is way from the one meme coin benefiting from bullish momentum right now.

PEPE has additionally seen a strong surge – at the moment buying and selling round $0.0000083 after leaping 11% from yesterday’s lows.

At one level earlier right now, PEPE’s beneficial properties reached a staggering 17% earlier than profit-taking kicked in.

The rally practically allowed the token to interrupt by a cussed resistance stage at $0.0000085 that has held agency a number of occasions over the previous week.

Whether or not that ceiling will lastly be breached stays to be seen, as PEPE has retreated barely following its sharp worth spike.

However the heightened curiosity within the token is clear from the substantial increase in buying and selling volumes, which have ballooned 59% increased in simply the previous 24 hours to over $1.1 billion.

This makes PEPE the fifteenth most traded cryptocurrency globally in that time-frame.

General, the synchronized pumps of DOGE and PEPE present that the meme coin craze is way from over.

Dogecoin20 ICO Sells Out at $10m Forward of April Uniswap Itemizing

Amid the bullishness surrounding established meme cash like DOGE and PEPE, one challenge on the coronary heart of the frenzy is Dogecoin20.

This “Doge improve” has been producing enormous buzz – and that buzz has fueled monumental demand for its ICO.

In a major milestone, Dogecoin20’s workforce introduced yesterday that the ICO has formally reached its $10 million onerous cap.

Which means that all discounted DOGE20 tokens allotted for the ICO have been offered.

Nonetheless, meme coin fans seeking to safe DOGE20 earlier than its open market debut have one last pre-launch alternative.

Dogecoin20 has entered a post-ICO sale right now, permitting traders to purchase tokens for $0.00022 utilizing ETH, USDT, or a credit score/debit card.

Whereas no particular timeline has been offered for this post-ICO sale part, traders are racing in opposition to the clock to safe their DOGE20 tokens earlier than the challenge’s extremely anticipated change debut on April 20.

Greater than 5,300 individuals have opted to observe Dogecoin20 on Twitter forward of the token’s launch – and an extra 5,000 individuals are actively taking part within the challenge’s Telegram channel.

Dogecoin20 has even begun to draw consideration from high-profile names on YouTube.

For instance, analyst Matthew Perry, who has an viewers of over 218,000 individuals, acknowledged that he believes DOGE20 is “higher than Dogecoin.”

With hype now constructing from all angles, Dogecoin20 seems to be poised to make a splash when it lastly hits exchanges subsequent month.

Go to The Dogecoin20 Presale

DISCLAIMER: THIS IS A SPONSORED ARTICLE