Pepe Price Up 50% in a Week as New Meme Coin Dogeverse Raises $11 Million
Pepe (PEPE) noticed an over 53% surge within the final week after rebounding from the $0.00000491 assist degree. PEPE traded above $0.000007 at press time after breaking out of its bullish sample on the each day chart.
It outperformed market leaders like Bitcoin and Ethereum by 10x within the final 7 days. The latest Coinbase launch of the meme coin’s perpetual contracts could possibly be a serious purpose for this restoration.
In the meantime, a brand new meme token that’s making headlines is Dogeverse. Its just lately launched presale has seen enormous investor traction and raised over $11 million thus far.
Whales Have Their Eyes On PEPE
PEPE Whales have change into fairly energetic because the latest Bitcoin halving. Santiment knowledge reveals a transparent uptrend in transactions above $100K because the halving.
Additionally it is value noting that PEPE’s provide on exchanges declined throughout this time, which confirmed that many buyers are HODLing the meme token.
In reality, a latest Tweet from Spot On Chain reveals how a whale has been steadily stockpiling 211.6B PEPE (now value over $1.7 million).
One of many predominant causes behind the latest investor optimism has been the latest Coinbase announcement of itemizing PEPE’s perp contracts on its platform. This announcement has now additionally ignited expectations of a possible spot itemizing on Coinbase.
A distinguished crypto analyst, Plazma, just lately Tweeted, “Coinbase added $PEPE perpetual for institutional buyers, spot is subsequent.” He additionally highlighted the bullish tendencies on PEPE’s chat and mentioned it’s in the direction of a brand new ATH.
On its each day chart, PEPE has been exhibiting a robust bullish edge. The meme token’s latest restoration chalked out a bullish-flag-like sample over the past two months.
Final week’s 50%+ good points helped PEPE get away of this sample and reaffirm the bullish edge. A possible rebound from the $0.00000715 assist degree may also help the coin proceed its uptrend within the coming days.
The meme coin surged by almost 5% within the final 24 hours. In accordance with knowledge from Coinglass, this surge was additionally accompanied by a rise within the open curiosity (OI) for PEPE. Such a rise in value alongside OI usually confirms a robust uptrend.
Because the sentiment towards PEPE turns bullish, a scorching new meme token that has caught buyers’ consideration is Dogeverse.
Trending New Meme Token Dogeverse Raises $11 Million
Dogeverse ($DOGEVERSE) is likely one of the hottest new cryptos providing the primary multi-chain Doge token. It’s impressed by a personality known as Cosmo, a Doge that may soar between blockchains.
It’s constructed on a multi-chain community throughout Polygon, Solana, Ethereum, Base, Avalanche, and BNB Chain. The principle thought behind $DOGEVERSE is to interrupt down the partitions that usually separate crypto communities.
The meme token’s just lately launched presale noticed enormous investor traction because it raised over $11 million just some days after launch.
Early buyers can purchase $DOGEVERSE for simply $0.000302 on the time of writing. Nevertheless, this value will rise within the subsequent presale stage.
The platform additionally permits early consumers to earn excessive passive revenue from staking. Patrons can get a staking APY of almost 100% at press time. Nevertheless, this charge will lower as extra folks enter the staking pool.
In accordance with the Dogeverse whitepaper, the platform has a provide cap of 200 billion $DOGEVERSE tokens. It’s value noting that the challenge provides 15% (30 billion) of those tokens to early consumers at a comparatively lower cost throughout the ongoing presale.
You may observe the Dogeverse on X (beforehand Twitter) or enter its Telegram channel to get the newest updates and information.
Go to Dogeverse Presale