Analysis Crypto by Thebittimes.Com

Memecoins seem to be bearing the brunt of the recent market correction. Dogecoin (DOGE), Pepe (PEPE), and Bonk (BONK) have seen a fall of double-digit percentage points over the last week. According to CoinGecko’s DOGE data, it has fallen 16% in the weekly charts, PEPE has fallen 18.4% in the weekly charts, and BONK has fallen by 20.8% in the same time frame. The memecoins have also registered a correction of 2.4%, 3.5%, and 11.1% on the daily charts, respectively. Source: CoinGecko Should You Buy DOGE, PEPE, BONK During the Dip? Source: TheFace.com The market correction kicked off earlier this month after a healthy bull run. Bitcoin (BTC), XRP, and BNB climbed to new all-time highs in July. The dip came after increased profit-taking from investors. Memecoins are subject to heavy speculation. DOGE, PEPE, and BONK are among the most volatile crypto assets. The substantial price decline could be fueled by the upcoming Federal Reserve interest rate announcement. There is a high chanc...

The cryptocurrency market is currently delivering a mellow stance, with the majority of the coins moving at a sheepish pace. Popular tokens like Shiba Inu and Pepe have long been struggling to reach a new high, as escalating geopolitical unrest keeps on weighing the market down, compelling investors to explore alternatives. However, the cryptocurrency market is destined to deliver spectacular highs, as the US government continues to bring in clear rules and infrastructure for the domain to thrive in. With consistent investor support, which coin will end the year 2025 by being on top of the radar? Will it be PEPE or SHIB? Also Read: Consider Buying Shiba Inu? Here’s the Resistance & Support Level Pepe and Shiba Inu: Surge Metrics Since Launch Source: CryptoRank Pepe (PEPE) is a leading meme coin, launched to honor the ever-famous green Pepe the internet frog meme in 2023. The token has become an iconic meme currency since its launch, attracting new price momentum at a rapid pace. Th...

Pepe (PEPE) is currently the best-performing cryptocurrency among the top 100 projects by market cap. The frog-themed memecoin has rallied 17.3% in the last 24 hours. Bitcoin (BTC) and other major projects have rallied by only single digit percentage points in the same time frame. The memecoin has also rallied by 1.2% in the weekly charts. Despite the recovery, the asset’s price is down 13.7% in the 14-day charts, 25.3% in the monthly charts, and 17.8% since March 2024. Also Read: Shiba Inu Gave $16 Million in Profits With An Investment of $1,000 Source: CoinGecko Cryptocurrencies Make Slight Recoveries Source: Watcher Guru The crypto market seems to be slowly recovering from its recent plummet. Bitcoin (BTC) briefly fell below $80,000 earlier this week. The original crypto has since reclaimed the $83,000 mark. PEPE and other memecoins are also making a recovery. Also Read: Will Donald Trump Lower Taxes in 2025? The rally could be due to inflation news in the US. Inflation has ris...

The cryptocurrency market is currently projecting a dual position. On one hand, the markets noted a sudden sharp rise, primarily due to the announcement of a crypto reserve under works by Donald Trump. Soon after the announcement, the markets documented a sharp correction as possible trade war fears gripped the market hard. Will this market be receptive to meme coins like Dogecoin (DOGE), DogWifHat (WIF), and Pepe (PEPE), helping them soar to new highs? Let’s find out. Also Read: Dogwifhat Soars 21% as Whales Invest Millions—Is $1 Next for WIF? Price Forecasts of Three Major Meme Coins 1. Dogecoin (DOGE) Source: Watcher Guru Dogecoin is currently gaining immense traction due to two possible reasons. Firstly, the token is speculated to be added to the crypto reserve pool. If this happens, Doge may catapult to new highs without any barriers. At the same time, rumors of Elon Musk adding DOGE to X payments have also been making occasional comebacks, fueling the hopes of the investors....

The ai16z price pumped more than 15% in the last 24 hours to trade at $1.35 as of 3:22 a.m. EST as investors go long on the AI crypto. Despite the surge in the AI16Z price, the crypto is still down over 44% from the all-time high of $2.47 that it set on Jan. 2. Ai16z Price Breaks Above Resistance 4-hour chart for AI16Z/USD (Source: GeckoTerminal ) The ai16z price was able to break above the resistance level at $1.2201 in the last 24 hours, and is now attempting to overcome the next major barrier at $1.4834, GeckoTerminal data shows. Should the crypto overcome this technical obstacle, it might have the room needed to rise to as high as $1.7209 in the short term. On the other hand, failure to close a 4-hour candle above $1.4834 in the coming 8 hours might invalidate the bullish thesis and bring an end to the crypto’s recent rally. In this alternative scenario, traders might start to realize their profits and exert sell pressure on the ai16z price. The crypto could subsequent...

The festive spirit is now engulfing the cryptocurrency realm, with the altcoin market buzzing with new developments and activity. The domain of meme coins is also thriving, with the investor influx increasing with each passing day. In this wake, Pepe is gaining incredible traction as of late, giving rise to a new speculatory bandwagon hinting at whether the token has the power to claim a new high before Christmas 2024. Also Read: VeChain Hits 2-Year High, Outperforms Bitcoin, Solana: $0.1 Next? Pepe: How High Can It Surge This December? Source -CoinGape Pepe has had a meteoric November, where the token noted some spectacular price developments to work with. For instance, Pepe surged more than 10% in the last week, followed by a staggering 154% uptick in the last month. The token is presently sitting at a price spot of $0.00002067 and is currently eying a new price high in the midst of the market’s prosperous momentum and hype. The month of November was particularly lucrative for the me...

The cryptocurrency industry witnessed the entry of a fairly new frog-themed meme coin in the canine-dominated arena. PEPE has been making headlines since the time of its launch. More recently, PEPE was one of the few coins that hit a new peak this month. The meme coin slowed down after a notable rally during the past 30 days. Also Read: Tron’s Justin Sun invests $30M in Donald Trump’s Crypto Project Is PEPE Experiencing A Correction? Source The cryptocurrency traded at $0.00001932 following a 3.79% decline over the past 24 hours. It should be noted that PEPE has had a challenging week, as it dropped by over 4%. But the meme coin surged by a staggering 112% throughout the month. About 12 days ago, on November 14, the asset hit an all-time high of $0.00002524. Currently, PEPE is trading 23% below this peak. It looks like whales were pocketing the asset while it was dipping. The meme coin’s large transaction volume currently sits at $260.3 million. This comes after an increase of 47%...

The cryptocurrency market has entered another bull run. Bitcoin (BTC) hit a new all-time high of $93,477.11 on Nov. 14, 2024. With BTC at new heights, other crypto assets are following suit. The bull run may have been triggered by Donald Trump winning the US Presidential election. Market participants may be betting on Trump’s pro-crypto and pro-businesses stance. The possibility of a 25 basis point interest rate cut may have also boosted investor sentiment. Although BTC is the market leader, a few memecoins are outperforming the original cryptocurrency. Let’s look at three memecoins outshining BTC in the charts. Also Read: Pepe Rallies 80% In 24 Hours, Hits New All-Time High: SHIB Out? Top 3 Meme Cryptocurrencies Outperforming Bitcoin 1. Peanut The Squirrel (PNUT) PNUT is a fairly new cryptocurrency that is making waves in the crypto community. The asset is currently the best-performing crypto among the top 100 projects by market cap. The memecoin is up by 131.5% in the dail...