Pepe Coin

Pepe

NEXT GEN PEPE

<p>According to recent analysis by the popular YouTube channel <a href="https://www.youtube.com/watch?v=OgnCUoAmAQs" target="_blank" rel="noopener noreferrer nofollow">99Bitcoins</a>, meme coins Pepe Coin and Dogecoin are showing strong potential for notable gains as the cryptocurrency market enters a new phase in this bull run.</p>
<h2 class="wp-block-heading" id="pepe-coin-s-impressive-performance">Pepe Coin’s Impressive Performance</h2>
<p>Launched during the bear market, Pepe Coin has defied expectations and currently ranks third among meme coins with a market cap of $3.9 billion. Despite a recent correction after breaking all-time highs, Pepe is up 6% on the day, 44% on the week, and an impressive 104% on the month, as reported by 99Bitcoins.</p>
<p>Technical analysis conducted by the channel suggests that Pepe remains bullish, with moving averages indicating a buy signal. As the bull market progresses and Bitcoin approaches $72,000, 99Bitcoins predicts that meme coins like Pepe are likely to take off. If Pepe continues to <a href="https://coinmarketcap.com/view/memes/" target="_blank" rel="noopener noreferrer nofollow">outperform other top meme coins</a> in terms of market cap and trading volume, it could become the leading meme coin of 2024.</p>
<h2 class="wp-block-heading" id="dogecoin-s-bullish-outlook">Dogecoin’s Bullish Outlook</h2>
<p>Dogecoin, the top meme coin by market cap, is also displaying bullish behavior, according to 99Bitcoins. Analysts predict a potential 50% upside if Bitcoin can hold above $65,000. Dogecoin is up 7% on the week and nearly 100% over the past six months, indicating strong bullish momentum.</p>
<p>The channel highlights positive news coverage surrounding Dogecoin, with the community eagerly anticipating the launch of X’s payment service, which is rumored to include Dogecoin as a payment option. Although Elon Musk has not confirmed plans to add Doge to X, the Doge Army remains optimistic, as per the video.</p>
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<h2 class="wp-block-heading" id="market-conditions-favor-meme-coins">Market Conditions Favor Meme Coins</h2>
<p>99Bitcoins notes that the overall crypto market is in the green, with the fear and greed index leaning towards greed. As Bitcoin aims to break $72,000 and potentially go parabolic, this bullish sentiment is expected to spill over into other cryptocurrencies, particularly meme coins.</p>
<p>The channel emphasizes Dogecoin’s dominance, with its $22 billion market cap far exceeding that of its closest competitor, Shiba Inu, which has a $4 billion market cap. Despite its lack of utility, Dogecoin benefits from Elon Musk’s endorsement, which could prove pivotal if the X payment processor adopts Dogecoin as a payment method.</p>
<h2 class="wp-block-heading" id="technical-indicators-suggest-upward-momentum">Technical Indicators Suggest Upward Momentum</h2>
<p>According to 99Bitcoins’ analysis, technical indicators suggest that Dogecoin is poised for upward momentum. The price is trading above the 15 cents level and the 100-hourly simple moving average, with a key bullish trend line forming on the hourly chart. If Dogecoin can settle above the 15.4 cents level, it could trigger a fresh surge and move in a positive direction.</p>
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<p>As the bull market progresses and Bitcoin continues its ascent, 99Bitcoins believes that meme coins like Pepe Coin and Dogecoin are well-positioned to benefit from the bullish sentiment.</p>
<p><strong><em>Read more:&nbsp;<a href="https://captainaltcoin.com/token-watchlist-for-this-week-fantom-ftm-pyth-ethena-ena-and-ai-cryptos/" target="_blank" rel="noopener noreferrer nofollow">Token Watchlist for This Week; Fantom (FTM), PYTH, Ethena (ENA) And AI Cryptos</a></em></strong></p>
<p><em><strong>Hunting for a small cap coin that could explode 10x? We’ve unveiled a few last week alone.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram community.</a></strong></em></p>
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<p>The post <a href="https://captainaltcoin.com/pepe-price-poised-for-another-ath-elite-crypto-analyst-discusses-top-meme-coin-dogecoins-doge-potential-to-hit-1/" rel="noopener noreferrer nofollow">Pepe Price Poised for Another ATH; Elite Crypto Analyst Discusses Top Meme Coin Dogecoin’s (DOGE) Potential to Hit $1</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Pepe Price Poised for Another ATH; Elite Crypto Analyst Discusses Top Meme Coin Dogecoin’s (DOGE) Potential to Hit $1

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