Former BitMEX CEO Arthur Hayes Backs Memecoin PEPE With $250,000 Bet

Arthur Hayes, co-founder and former CEO of the cryptocurrency trading platform BitMEX, has recently made headlines with significant investments in the memecoin sector, particularly through his notable purchase of Pepe (PEPE).  Hayes optimism towards memecoins, expressed in a recent social media post on X (formerly Twitter), has coincided with a significant surge in PEPE’s value, reflecting a broader resurgence in interest within the crypto market. PEPE Price Soars Following Hayes Investment On-chain analytics platform Lookonchain revealed that Hayes invested $250,000 in PEPE by purchasing approximately 24.39 billion tokens on Binance on Friday. This investment comes as PEPE is experiencing a notable upward trajectory, reaching its highest price in nearly three months at $0.0000109.  CoinGecko data shows that the token has recorded impressive gains of 34%, 45%, and 38% over the past week, two weeks, and month, respectively. The recent price movements of PEPE are further supported by a substantial increase in trading volume, which surged by 41% in the last 48 hours to nearly $2.5 billion. Related Reading: DogWifHat Whale Doubling Down, Buys More WIF: All-Time High Incoming? This uptick in trading activity is indicative of heightened investor interest, likely fueled by a bullish sentiment following the US Federal Reserve’s decision to cut interest rates on September 18, which has provided a favorable environment for various cryptocurrencies, including the memecoin sector. Currently trading at $0.0000107, PEPE is up 17% in the latest trading hours. However, it remains down 37% from its all-time high of $0.0000171 reached in May. Despite this decline, Hayes’s endorsement appears to be a catalyst for continued investor interest. Support For Mog Coin And The Mother Iggy Token Hayes’s involvement in the memecoin space extends beyond PEPE. He has also shown support for two other tokens: Mog Coin (MOG) and the Mother Iggy (MOTHER) token, associated with Australian singer Iggy Azalea and built on the Solana blockchain.  While Lookonchain has not confirmed whether Hayes invested in these tokens as he did with PEPE, his endorsement has already positively impacted MOG’s price, which is currently trading at $0.00000165a gain of over 10% following Hayes’s announcement. MOG has recorded a colossal year-to-date surge of 10,398%, alongside a 5.70% increase in trading volume. Despite these gains, it remains 32% below its peak of $0.0000024 reached in July. Related Reading: Altcoin Market Cap Surges Past 200-Day EMA: Is Altseason Finally Here? Conversely, the MOTHER token has struggled to maintain momentum, trading down nearly 14% in the past 24 hours. However, it has seen substantial gains of 75% over the last week and 176% in the past two weeks, signaling that it remains an asset of interest despite recent volatility. Overall, Haye’s support for the memecoin sector shows the traction that this part of the market has gained over the past year in particular, outperforming the largest cryptocurrencies on the market by a clear margin. Featured image from DALL-E, chart from TradingView.com

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BitMEX Founder Bets Big on These Memecoins, Says Its Time for Their Breakout

BitMEX co-founder Arthur Hayes becomes active in the memecoin market, promoting top tokens like Pepe (PEPE), Mother Iggy (MOTHER), and…

The post BitMEX Founder Bets Big on These Memecoins, Says Its Time for Their Breakout first appeared on The Crypto Basic.

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BRETT Coin Price Prediction: Will Brett Go to $1?

According to the Brett coin price prediction, by the end of 2030, the BRETT crypto price is expected to reach a maximum level of $0.96 (+1,100%).

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Pepe Coin (PEPE) Faces Bearish Trends but Analysts Remain Hopeful Eyes 60% Surge

Pepe Coin (PEPE) has been experiencing a notable decline, marked by bearish trends over recent weeks. In the past month, PEPE’s value has plummeted by 33%, with a sharper drop of 23% observed just within the last week. Despite these concerning market movements, there is a wave of optimism among analysts regarding PEPE’s future price […]

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Dogecoin Vs. Shiba Inu Vs. PEPE: Comparing The Profitability Of The Top Meme Coins

Holders of the top meme coins have witnessed rough price action in the past few weeks. The majority of meme cryptos have crashed hard during the last week, with losses of over 20% in each asset across the board. Particularly, holders of the top meme coins Dogecoin, PEPE, and Shiba Inu have been disappointed, as [...]

The post Dogecoin Vs. Shiba Inu Vs. PEPE: Comparing The Profitability Of The Top Meme Coins appeared first on Crypto Breaking News.

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This PEPE Holder Cohort Is The Reason Price Is Struggling To Reclaim $0.00002

PEPE bulls have encountered challenges in their attempts to push up the meme cryptocurrency’s price over the past week. Notably, PEPE has experienced a decline of approximately 4% in the last 24 hours alone, with a more substantial drop of 6.5% over the course of the past seven days. The selling sentiment surrounding PEPE has increased significantly since the middle of July. Throughout this period, the meme coin has struggled to break above resistance at $0.0000126, facing repeated failures each time it approached this critical price point.  A deeper analysis of market behavior reveals that this prevailing selling sentiment can be largely attributed to a notable shift in the composition of PEPE investors. There has been a strong increase in the number of short-term holders, accompanied by a corresponding decrease in long-term holders.  Jump In Short-Term Holders According to on-chain data from IntoTheBlock, short-term PEPE holders have increased noticeably in the past 30 days. This observation is derived from IntoTheBlock’s Balance by Time Held metric, which follows the variation over time of the balance in wallet addresses and groups them into holders, cruisers, and traders, depending on their average time.  Related Reading: Institutional Investors Show Interest In Cardano, Triggering 300% Surge Notably, this metric shows that the balance in the wallets belonging to the trader cohort has increased by over 31% in the past 30 days. This is interesting because the trader cohort is made up of those who generally hold their assets for less than a month before selling. The behavior of this cohort suggests a shift towards more speculative trading, as these investors are looking to capitalize on quick market movements rather than committing to long-term. On the other hand, the balance in cruiser addresses have fallen by 6.24% in the same timeframe. Cruisers are those addresses that hold their tokens for between one to twelve months before selling. This decrease in the balance of cruisers suggests many long-term holders have been selling their PEPE tokens in the past 30 days. What Does This Mean For PEPE? The influx of short-term holders is creating a more volatile environment for PEPE. Currently, they account for 20% of the entire circulating supply of PEPE. As these investors tend to buy and sell quickly based on market fluctuations, they are more likely to create frequent price swings. This increased volatility is making it challenging for PEPE to maintain a stable upward trajectory. Related Reading: Analyst Says ETH Price Will Struggle As Spot Ethereum ETFs Expectations Crash At the time of writing, PEPE is trading at $0.00001135. Although the crypto is still up by 42% from a 2-month low of $0.000007975 recorded on July 5, the upward trajectory has been stalled by the activity of short-term holders. PEPE now finds itself trading around a two-week significant support of $0.00001133. A bounce above this price point would enable PEPE to resume its uptrend and continue approaching the $0.00002 threshold. Featured image created with Dall.E, chart from Tradingview.com  

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PEPE Bullish Signal: Whale Withdraws $14.7 Million Stack From Binance

On-chain data shows a PEPE whale has withdrawn a large amount of the memecoin from Binance today, a sign that could be bullish for its price. PEPE Whale Has Made A Large Outflow From Binance In The Past Day According to data from the cryptocurrency transaction tracker service Whale Alert, a massive Pepe transaction has [...]

The post PEPE Bullish Signal: Whale Withdraws $14.7 Million Stack From Binance appeared first on Crypto Breaking News.

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PEPE Explosion Imminent: Analyst Predicts Price Will Rocket To $0.00004128 ATH

The PEPE price has remained strong coming out of the crypto market crash, rebounding more than 40% in a single day. This bullishness has fed the narrative for the meme coin, which is touted to be the next big thing on Ethereum. However, the question remains whether the PEPE price will continue to rise from here if it has reached its peak for this cycle. PEPE Price Still Bullish From Here Despite being down around 30% from its May 27 all-time high of $0.00001718, the PEPE price is still showing bullish tendencies. This could point to a continuation, something that pseudonymous crypto analyst melikatrader94 points out in an analysis on TradingView. Related Reading: Bullish Return: Institutional Investors Pour $1.44 Billion Into Crypto In One Week According to the crypto analyst, the PEPE price has bounced off an internal trend line that has been acting as support for the meme coin. As a result, there has been the formation of a double bottom following the most recent price bounce, and this is bullish for price. Since the PEPE price was quick to react to the internal trend line, the crypto analyst believes that this shows strong buying interest in the meme coin. Furthermore, the chart is showing the formation of an ascending trend line, and given the history of ascending trend lines, then price could continue to rise, as long as it doesnt break out of this channel. With the double bottom mentioned above, the PEPE price is already seeing the result of this bullish reversal. If this continues, the price is expected to rise over 150% from here again, reaching a new all-time high of $0.00004128, according to the crypto analyst. Scenarios For Invalidation While the PEPE price is still very bullish, there are still scenarios that could send the price spiraling downward. Short of a market-wide Bitcoin and crypto crash, the PEPE price still has multiple resistance levels to conquer from here. One of those is the $0.000025 level. Furthermore, as the analyst points out, the price has to remain above the internal trend line, which currently sits just above $0.000008. As long as it holds this point, then bulls remain in charge and can try to drive the price up. Related Reading: Crypto Analyst Predicts Multiple God Candles For XRP, How High Can It Go? Another major point to watch is the mid-channel resistance. In this case, the resistance lies just above $0.000025, which is above the current all-time high. This means there is still room for growth before hitting any major resistance. Last but not least is the volume for the meme coin. If the PEPE trading volume continues to rise, then the buying pressure can push the price toward new ATHs. However, a decline in the trading volume could be detrimental for the price and lead to a reversal. Increasing trading volume would further confirm the bullish trend and provide additional confidence in reaching the target price, the analyst said in closing. Featured image created with Dall.E, chart from Tradingview.com

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Solanas Dogwifhat (WIF) Skyrockets 1300% And Claims Forbes Best-Performing Crypto Title

Solana-based meme coin Dogwifhat (WIF) has taken the cryptocurrency market by storm, becoming the best-performing asset in the first half of the year, as the Shiba Inu puppy-inspired token has outperformed Bitcoin’s (BTC) 48% surge since January, making it the top returner among approximately 70 coins with market caps over $1 billion.  Dogwifhat (WIF) Leads [...]

The post Solanas Dogwifhat (WIF) Skyrockets 1300% And Claims Forbes Best-Performing Crypto Title appeared first on Crypto Breaking News.

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Analyst Predicts 90% Surge for PEPE, Targeting $0.000017234

Pepe Coin (PEPE) has experienced a significant uptrend, marking a remarkable surge in value over the past week. This shift comes after a prolonged bearish phase, with PEPE now riding the wave of an overall market recovery, fueled by the recent resurgence of Bitcoin. As of the latest data, the coin is priced at $0.000009695, […]

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Top coins to watch in July: Toncoin (TON), Pepe (PEPE), Poodlana (POODL)

Toncoin (TON) rises as transactions crosses $9B amid USDT integration for liquidity and DeDust DEX growth. PEPE shows price resilience with MVRV metrics showing it is undervalued despite organic demand challenges. Solana-based fashion-themed meme coin Poodlana (POODL) launches in July 17. July brings forth exciting opportunities for crypto investors eyeing significant gains. Some of the […]

The post Top coins to watch in July: Toncoin (TON), Pepe (PEPE), Poodlana (POODL) appeared first on CoinJournal.

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PEPE Has 80% Of Holders In Profit: How It Compares To DOGE & BTC

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been [...]

The post PEPE Has 80% Of Holders In Profit: How It Compares To DOGE & BTC appeared first on Crypto Breaking News.

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Prominent Crypto Bull Wakes Up, Accumulates Pepe Coin (PEPE) and Polygon (MATIC) Rival That Rallied 2000% in May

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3 reasons why Pepe poised for another 70% jump by July

PEPEs rising wedge pattern, rising whale accumulation and increasing rate cut bets could boost the memecoins price in June.

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PEPE Coin Sees Dramatic Comeback: Breakout Targets Suggest 65% Bull Run Ahead

Pepe coin price rallies 40%, targeting a breakout above $0.000014. With a 65% upside potential, bulls are eyeing the $0.000021 mark.As the crypto market reaches $3.28 trillion, meme coins are leading the charge. Pepe coin has surged nearly 40% today, reaching the $0.000014 level.With a fresh bullish turnaround in the frog-themed meme coin, technical signals point to an upside potential of nearly 65%. Will this momentum help Pepe reclaim the $0.000020 mark?Pepe Price AnalysisPepe coin has created two massive, long-awaited bullish candles on the daily chart, sending its price rally into overdrive. The meme coin surged nearly 35% on May 8, followed by a 20% intraday jump today.Pepe Price ChartFollowing the bullish turnaround, Pepe has surpassed the 38.20% Fibonacci retracement level at $0.0000133. The short-term recovery has gained momentum, pushing the 24-hour high to $0.000013933, just shy of the $0.000014 resistance level.The 50% Fibonacci level presents the next immediate resistance at $0.00001584. Meanwhile, the prevailing falling wedge breakout suggests a potential price surge toward the 78.60% Fibonacci level at $0.000021.The MACD and signal lines have formed a positive crossover, supporting this bullish outlook. Additionally, the supertrend indicator has flipped bullish, reinforcing the continuation of the trend.On the downside, the 23.60% Fibonacci level near the $0.000010 psychological support is crucial. A breakdown below this level would invalidate the bullish trend and could lead to a retest of the $0.000008832 support level.Leverage-Driven Rally to Boost PEPE PricesAs the crypto market sees increased bullish activity in the derivatives space, Pepe has experienced a nearly 40% surge in open interest. According to Coinglass, PEPEs OI now stands at $633 million. This spike has also pushed the funding rate up to 0.0105%.Pepe DerivativesThe rise in both open interest and funding rate reflects growing bullish sentiment. Supporting this, short liquidations in Pepe over the past 24 hours have neared $13 million.As Pepe bulls dominate the derivatives market, a leverage-driven rally could further fuel price momentum.

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How to Buy Pepe Coin: A Step-by-Step Guide for Beginners

How to buy PEPE coin: choose the cryptocurrencies you would like to swap, provide the address, send the deposit, and receive your crypto

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Pepe Coin Price Prediction: Can Pepe Reach 1 Cent Soon?

Based on expert Pepe Coin price prediction, it is forecasted that the maximum price of $PEPE crypto by 2030 will be $0.0282 (+164,250%).

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Top Meme Coins to Invest in May 2025 Arctic Pablo, Bonk & Pepe Shine

Discover the top meme coins to invest in May 2025. Arctic Pablo, Bonk, and Pepe Coin are heating up the charts with massive ROI potential and hype.

The post Top Meme Coins to Invest in May 2025 Arctic Pablo, Bonk & Pepe Shine appeared first on Kanalcoin.

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PEPE Eyes Bull Flag Breakout as Open Interest Rebounds to $527M, Near All-Time High

Pepe forms a bullish flag after a 100% rally in early May. With $527 million in open interest and a spike in funding rates, the meme coin targets resistance at $0.000020.As the crypto market experiences a bullish turnaround, meme coins are regaining momentum. Over the past 24 hours, top meme coins like Dogecoin, Shiba Inu, and Pepe have surged by nearly 5%. Could Pepes bullish comeback result in a flag pattern breakout toward the $0.000020 mark?PEPE Price AnalysisIn the 4-hour price chart, Pepe maintained a sideways trajectory between $0.000015 and the upper psychological barrier at $0.00001196. This consolidation phase lasted 11 days and compressed trend momentum. PEPE Price ChartThe sideways movement followed a near 100% rally in early May, where PEPE surged from $0.00000761 to $0.000015. This price action completes a classic bull flag formation, with the rally serving as the flagpole and the consolidation phase forming the flag.Supporting the case for an upside breakout, Pepe's current recovery is pushing toward the upper boundary. Momentum indicators further reinforce the bullish outlook. The MACD and signal lines remain in positive alignment, while the RSI is trending upward after crossing the midline.With growing bullish sentiment, technical indicators continue to support an optimistic view for Pepe. According to trend-based Fibonacci levels, a successful flag breakout could target the 78.60% retracement level near $0.000020, with an intermediate resistance around the 50% level at $0.00001657.On the downside, key support remains at $0.00001196, followed by the psychological level at $0.000010.Pepe Funding Rate Spike Signals Bullish Sentiment in the Futures MarketBullish expectations of a breakout rally are also rising in the PEPE derivatives market. Open interest has increased by 3%, reaching $527 million, close to its all-time high. Meanwhile, short liquidations over the past 24 hours have exceeded $1 million.Pepe DerivativesAs of the latest data, the funding rate for PEPE has spiked to 0.0145% following a period of consolidation. This reflects a sharp rise in bullish sentiment and suggests growing anticipation of an upside move, potentially fueled by leveraged positions.

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Pepe Coin Price Prediction 2024, 2025, 2030, 2040: Is PEPE a Good Investment?

Based on expert Pepe Coin price prediction, it is forecasted that the maximum price of $PEPE crypto by 2030 will be $0.0257(+250,000%).

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