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PEPE Price Pumps as Technicals Hint at More Gains Ahead
PEPE is Crushing it Right Now
The market’s favorite frog coin is up 14% in the past day, and PEPE’s chart patterns suggest this rally has more room to run.
MIND of Pepe Building Momentum in Presale Phase
Meanwhile, MIND of Pepe (MIND) is also building momentum in its presale phase, already raising $7.6 million from early investors.
PEPE Price Pumps as Technicals Hint at More Gains Ahead
Things are looking up for PEPE. The coin is now trading at $0.00000895, its highest price in over a month.
That’s a serious comeback – it represents a 70% recovery from PEPE’s low on March 11. PEPE is now on track for its third green weekly close in a row, which is the kind of consistent performance that gets traders’ attention.
The coin’s trading volume tells an interesting story, too. Spot volumes jumped another 37% today, reaching $851 million and making PEPE the world’s second most traded meme coin.
Meme Coin Market Turns Green as Positive News Flows In
It’s not just PEPE rallying – the entire meme coin market is green. DOGE is up 8%, SHIB has jumped 13%, and MEW has seen an impressive 23% gain since yesterday.
These rallies have pushed the total meme coin market cap to $58.6 billion, adding $10 billion since the weekend.
But what’s behind all the excitement?
GameStop’s Surprise Move Sends Crypto Market Soaring
Firstly, GameStop surprised investors by announcing that its board unanimously approved investing some of its treasury reserves in Bitcoin.
With $4.7 billion in cash on hand, that could be a huge catalyst for the broader crypto market.
SEC’s Crypto Dialogue Heats Up
Then there’s the SEC, which seems to be warming up to crypto dialogue. After their first one last week, they’ve announced four more crypto roundtables focused on trading, custody, tokenization, and DeFi.
Commissioner Hester Peirce even called these roundtables "an opportunity" to hear discussions from experts.
MIND of Pepe Combines Meme Magic and AI Muscle – Could MIND Rally After Listing?
This bullish momentum isn’t just benefiting established coins. MIND of Pepe (MIND) is also capitalizing, having now raised $7.6 million in presale before its official launch.
Conclusion
The meme coin market is heating up, and PEPE is leading the charge. With its 14% surge in the past day, PEPE is poised for more gains ahead. Meanwhile, MIND of Pepe is building momentum in its presale phase, with a potential rally on the horizon.
FAQs
Q: What’s driving the surge in PEPE’s price?
A: PEPE’s chart patterns suggest the rally has more room to run, and its trading volume has jumped 37% to $851 million.
Q: What’s behind the meme coin market’s surge?
A: GameStop’s surprise move and the SEC’s increasing dialogue on crypto are both contributing to the market’s excitement.
Q: What’s the potential for MIND of Pepe’s price?
A: With its unique AI agent and staking rewards, MIND of Pepe could see significant price appreciation after its listing.
Q: Is the SEC’s increasing dialogue on crypto a positive sign?
A: Yes, the SEC’s willingness to engage in crypto dialogue is a sign of a growing recognition of the industry’s potential.