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Pepe (PEPE) faced a steep correction over the last few days. However, the memecoin seems to be rebounding with a nearly 10% rally in the daily charts. Moreover, the cryptocurrency is up by 51% over the last month and 1391% since June 2023. However, it should be noted that the frog-themed crypto has dipped 11.2% in the weekly charts and nearly 16% in the 14-day charts.

Also Read: Pepe Whale Buys $2.9 Million Worth of Coins: Rally Incoming?

The frog-themed cryptocurrency hit a high of $0.00001717 on May 27, 2024. But, prices did not hold for long. The asset has fallen by nearly 23% since its May 2024 peak. The latest rally may be because of investors expecting a positive outcome from the FOMC (Federal Open Market Committee) meeting.

Memecoins are having a particularly good year in 2024. Bonk (BONK), dogwifhat (WIF), Floki (FLOKI), etc., have all displayed stellar growth this year, outperforming major crypto projects, like Bitcoin (BTC) and Ethereum (ETH), in various instances.

PEPE is no different. The asset has swiftly climbed the charts and is currently the 23rd-largest project by market cap.

Also Read: Cryptocurrency: Pepe Coin Investor Makes $5.3 Million in Just 6 Months

Crypto analysis firm CoinCodex believes that the frog-themed cryptocurrency could enter a rally over the next couple of weeks. The platforms data shows that the memecoin could hit a new all-time high of $0.00001822 on June 18, 2024. Reaching $0.00001822 would be a rise of around 38% from current price levels. Additionally, CoinCodex data shows that PEPEs price could climb to $0.00004472 on July 10, 2024, a rally of nearly 240% from current levels.

Nonetheless, there is a possibility that PEPE will face another correction in the coming days. The frog-themed memecoin does not have a lot of utility and is subject to market volatility. Moreover, if the FOMC meeting does not go as traders hope, the assets price may face a steep decline.

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Pepe Rebounds With 10% Rally, New All-Time High Soon? - Watcher Guru

DISCLAIMER: This article is a SPONSORED Press Release and does not constitute Finbold's editorial content. Crypto assets/products involve significant risks. Do not invest unless you are prepared to lose your entire investment. For a full disclaimer, please .

In the volatile meme coin market, tokens rise and fall overnight.

Among the fleeting trends, only a few coins have managed to stay in the spotlight for long. Dog coins Dogecoin and Shiba Inu are on top of the list. Frog coin Pepe is next. With its unique theme and bold narrative, the project has continued to question the dominance of dog coins since last year.

The latest to join the list is KAI.

The dog coin label has proven to be a powerful catalyst for wild market pumps. But after years of dominance, dog coins are facing fierce competition from meme coins with refreshing, whimsical themes.

This season, the spotlight is on a new contender: KAI. With Pepe facing correction, investors have found the next big meme coin opportunity in this cat coin.

Following the sensational surge of Pepe exceeding the $5B market cap, KAI is now captivating investors with its unique narrative and bold mission.

KAI has ignited a frenzy among investors with a unique storyline, which centers around a legendary fishercat KAI. As rumours of a blockchain war between dogs and cats spread, he is returning from retirement to reclaim his throne. It gives investors a chance to unlock irresistible passive income opportunities.

KAI is now getting back into the fight, leaving his full fish pond unattended. Luckily for you, fisherman, you get to raid his pond while he puts the crypto cats back on top. That means fishing in a pool full of ridiculously high staking rewards!

Investors are crowding the ongoing KAI presale to secure their share of the meme coin asset at discounted rates. The high staking rewards in the early stage add to the momentum, KAI offers an APY exceeding 3800% in the early stage.

The staking APY and presale discounts decrease as the presale progresses. Those who commit to holding tokens long-term and support the long-term price action of the token are heavily rewarded.

KAIs presale frenzy has ignited a new wave of excitement in the meme coin market.

KAIs journey begins with the presale, accompanied by delicious staking rewards. In its second phase, KAI will rally a powerful community of cat warriors who will come together to challenge the dominance of dog coins.

In Phase 2, KAI invites all fishermen to trade their rods for weapons. Are you ready to do battle and put the cats on top?

In the third phase, KAI embarks on a heroic quest to ascend to the ranks of billion-dollar market caps. The aim is to solidify its position in the meme coin niche.

The KAI tokenomics builds a solid foundation for the feline future of the meme coin market.

The tokenomics strategy is geared towards sustainable growth and long-term success.

Presale allocation gets 20% of the supply. The presale builds a strong base of early supporters who believe in KAIs vision and potential. The initial boost will set the project on a successful trajectory.

Dynamic marketing campaigns get a larger 25% of the supply to establish KAIs presence in the rapidly evolving meme coin landscape.

Fish pond staking, which supports sustainable price action and offers attractive staking rewards, gets 15% of the supply. It is aimed at keeping investors engaged and the tokens value stable. Community rewards get another 25% allocation in the total supply. It fosters loyalty and long-term interest.

Liquidity Litter (15%) ensures widespread availability of the token and maintains its strong liquidity.

The strategically crafted tokenomics and roadmap establish KAI as a major player in the meme coin arena, on par with giants like Dogecoin, Shiba Inu, and Pepe.

KAI shows potential to become a major contender in the meme coin race. The captivating storyline and robust tokenomics with a focus on community building underscore the growth potential of the project.

KAI offers more than just speculative value. The highly rewarding staking system, for example, is designed to attract and retain investors. It is expected to drive consistent demand for the token, even after the initial FOMO diminishes.

Early investors can secure KAI tokens at potentially the lowest cost in the ongoing presale. Each new stage of the presale will feature a slight price increase. Early investors are also eligible for higher staking rewards to incentivize quick action.

Join the KAI Presale

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Cat Coin KAI Goes Viral As Pepe Faces Correction A New Era in the Meme Coin Market? - Finbold - Finance in Bold

The meme coin market has been making waves amidst the broader cryptocurrency market downturn, with Pepe (PEPE) leading the charge.

The popular frog-themed meme coin has surged by an impressive 11% in the last 24 hours, outshining most of its competitors. At the time of writing, PEPE was trading at $0.0000129, with a trading volume of $1.27 billion over the past day, and a market cap of $5.43 billion.

This recent price reversal follows a significant acquisition by a whale, who withdrew 256 billion PEPE coins priced at $2.9 million from the crypto exchange Bybit.

The whales massive acquisition has possibly reinstated confidence in the assets future, urging retail investors to reconsider their positions. Another potential catalyst for the PEPE surge is the potential listing of the asset on leading crypto exchange Coinbase.

Among other major meme players, only Dogwifhat (WIF), Bonk (BONK), and Book of Meme (BOME) registered gains in the last 24 hours. WIF was up a modest 1%, BOME managed an even lower 0.60%, while BONK performed much better, rising 8.5% to exchange hands at $0.000028 at the time of writing.

Despite the optimism surrounding PEPE and BONK, the broader cryptocurrency market is still reeling from a downturn of 0.67%, with Bitcoin seeing a 0.65% drop in the last 24 hours. The market volatility is peaking as investors await the FOMC meeting and the inflation report scheduled for June 12th.

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Pepe Coin (PEPE) Outperforms Meme Coin Market with 11% Surge Amid Market Downturn - Blockonomi

TLDR Game Fox (GFOX) is a new meme coin launched in April with web3 gaming feature

PEPE and Floki Inu (FLOKI) face price declines as the broader meme sector slows down.

GFOXs successful fundraising and utility might potentially be interesting for investors

Meme coins, once internet jokes, have grown into serious contenders in the crypto market. However, the meme coin market has had big shifts this month. Two top players, PEPE and Floki Inu (FLOKI), have seen their prices decline.

At the same time, a newcomer named Galaxy Fox (GFOX) is a new player in town.

Galaxy Foxs approach is poised to potentially redefine the meme coin sector. But, how, you must wonder?

PEPE, the frog, and Floki, which draws inspiration from Elon Musks Shiba Inu, have both declined in value. In contrast to these established meme coins facing difficulties, Galaxy Fox is just stepping into the spotlight.

As of the latest data from CoinGecko, the meme coin Pepe is valued at $0.00001211. Over the past day, Pepes price fell by 10.08%.

This decline extends to around 16% when we look at the last 6 days data.

Despite the price drop, Pepe has maintained trading activity, with a daily volume reaching $1,027,712,575.54.

Similarly, FLOKI was trading at $0.0002116 at press time. FLOKI has not been immune to market pressures, witnessing an 8.32% plunge. The weekly picture for FLOKI appears even more challenging, with a striking 32.40% depreciation. Nevertheless, FLOKI continues to see a high daily trading volume of $548,102,172.47.

However, considering their large market caps (both in multiple billions), high trading volume is expected, even with red price action.

Weve taken a look at Pepes technical indicators, which revealed a complex market situation. The PEPE chart shows the price hovering near $0.000011203, dropping from a daily high of $0.000013348.

The Bollinger Bands indicate that the Pepe price is approaching the lower band around $0.000004164, suggesting a potential oversold condition.

Despite the recent downturn, Pepe maintains its position above the 200-day Exponential Moving Average of $0.000008604, hinting at a potential bullish surge in the long-run trend.

However, for the shorter period, bearish signals are evident. The Moving Average Convergence Divergence sits in negative territory at 0.00000456, below the signal line at 0.00000668, confirming bearish momentum.

The Relative Strength Index (RSI) at 45.66 further underscores the bearish sentiment, though it has not yet reached oversold levels. More intriguingly, the Stochastic RSI, with %K at 19.23 and %D at 16.16, suggests the token may be undervalued, setting the stage for a potential bullish reversal.

Key levels to monitor include support at $0.000011738 and $0.000008604, with resistance at $0.000013348 and $0.000018673. The current Pepe price forecast doesnt look particularly optimistic. However, the oversold Stochastic RSI and the prices position relative to the 200-day EMA offer optimism for Pepe holders.

The Floki chart reveals that the asset has been under downward pressure. Recent red candles underscore the prevailing downtrend following a May rally.

The Bollinger Bands have widened, signalling increased instability and a possible oversold condition as the price nears the lower band.

FLOKI currently trades below both its 20 and 200EMAs, with the latter serving as a critical support level of around $0.00014899. The MACD reinforces bearish sentiment, with the blue line beneath the orange signal line and a growing negative histogram.

FLOKIUSDT price chart Source: TradingView

Fibonacci retracement levels provide additional context, with the price having retraced beyond the 0.618 level to hover near the 0.5 mark at $0.00018060. This level, along with the 200 EMA, represents key support. Resistance lies at the 0.5 Fibonacci level and the 20 EMA around $0.0002325.

A break below the 200-day EMA could see FLOKI test support at the 0.236 Fibonacci level near $0.00009129. Conversely, a move above the 20-day EMA and subsequent breach of the 0.618 Fibonacci level at $0.00022052 would signal a potential trend reversal.

Ok, lets move on to Galaxy Fox now. This new meme coin emerges as a beacon of innovation in the meme coin space. GFOX distinguishes itself by fusing meme coin appeal with a substantive web3 gaming experience, offering more than just speculative value.

At the core of the Galaxy Fox ecosystem lies an endless runner game in which players pilot war aircraft, collect points, and engage in combat.

Performance translates directly into GFOX token earnings, creating a tangible link between gameplay and financial rewards.

It looks like early investors liked this approach, as evidenced by GFOXs successful fundraising campaign. It raised over $6 million and saw all tokens sold out at $0.00364 each.

Source: Galaxy Fox

GFOXs appeal extends beyond gaming. The project incorporates NFTs that provide in-game boosts, adding strategic depth and another avenue for potential returns.

A staking program offers passive income, with early adopters receiving 2% rewards from each transaction for the first month after launch.

Community engagement is another pillar of GFOXs strategy. Active social media presences foster a sense of belonging among token holders.

The project also features a merchandise shop, profits from which feed back into the ecosystem.

GFOXs multifaceted approach presents several compelling reasons for investor consideration.

Beyond the play-to-earn and staking opportunities, GFOX employs deflationary tokenomics.

With a fixed supply and built-in burn mechanism, the token is designed to appreciate in value over time.

The integration of NFTs enhances gameplay and creates a marketplace where GFOX holders can trade digital assets, further driving engagement and potential profits.

All in all, Pepe and Floki Inu wrestle with market headwinds with already huge market caps.

Galaxy Fox stands ready to capitalize on the appetite for meme coins that offer more than just being a meme.

In fact, GFOX may well represent the next evolution in this dynamic sector.

Learn more about $GFOX here:

Galaxyfox.io | Join the Community

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PEPE and FLOKI Prices Plunge: Why Game Fox (GFOX) Could Be a Hot Meme Coin Pick in 2024 - CoinJournal

Bangko Sentral ng Pilipinas (BSP)-licensed crypto exchange Philippine Digital Asset Exchange (PDAX) has announced the listing of $PEPE and the Solana-based version of $USDC.

Whats the significance? This offers traders more options for portfolio diversification, enhancing their ability to engage with the growing crypto market via a licensed local exchange.

What is Pepe coin? A meme coin inspired by Pepe the Frog:

What is the benefit of a Solana-based USDC? Faster transactions (over 2000 TPS) and lower fees (approx. $0.0006 per transaction).

Other details: It is pegged to the U.S. dollar and issued by Circle. It is used in DeFi for its liquidity, functionality, and stability; also for remittances.

Other available tokens on PDAX include:

Previously: The exchange previously listed Toncoin, while its supported NFT collection is teasing a major brand partnership.

Read more articles about PDAX on BitPinas.

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PDAX Adds $PEPE and Solana-based $USDC - BitPinas