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PEPE, a popular memecoin on Ethereum, is drawing attention with its recent price action. A detailed technical analysis shared by the analyst reveals PEPE is in a consolidation phase, potentially setting the stage for a breakout. As of the latest data from CoinMarketCap, PEPE is trading at $0.000007302, with a 24-hour trading volume of $304,213,992. […]
Despite having no intrinsic value, memecoins have created many new millionaires among crypto investors.
Following the controversial death of Peanut the Squirrel, memecoins themed after Peanut have surged on Solana, with some hitting market caps of more than $100 million.
The unknown crypto trader only invested $3,000 into a new Solana-based memecoin before its price rally.
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