Pepe (PEPE) gained a rapid level of momentum following its launch in April 2023 and entered the top 100 by market capitalization during the first two weeks. Its all-time high was on May 5, 2023, when it reached a value of $0.00000431. Since then, the crypto declined by 74.78%, leading to many worries about its future.
Dogecoin (DOGE) is seeing a lot of whale activity, as reported by the monitoring service known as WhaleAlert. This indicates a rapid market movement as well and could result in a price upswing for the cryptocurrency. Pullix (PLX) is getting the most attention, however, as it brings innovative features to the TradFi space.
Pepe (PEPE) Dips in Value – Will Spiking Above $500M in Market Cap Make It Bullish?
PEPE has been declining in value rapidly ever since it reached its all-time high. While a contributing factor could be the overall price correction of the broader crypto market, not a lot has happened to evolve the Pepe ecosystem either, leading to a decrease in its demand.
During the past week, the price of the crypto moved up from $0.00000105 to a maximum point of $0.00000118, initially setting an optimistic outlook for its future price movements. Since then, however, it has declined to $0.00000109.
Its market cap also decreased to $457,193,903, making it far away from the top 100 list, as it is now ranked 113. According to the Pepe price prediction, it can reach $0.000002 by the start of 2024, assuming it breaks past the $500 million market cap barrier.
Dogecoin (DOGE) to Reach $0.14 After a Bullish Outlook by Ali Martinez
DOGE saw a significant increase in its network activity, according to data from WhaleAlert. On December 1, 2023, the wallet moved 300,000,000 of the Dogecoin crypto, worth $25,033,123. This was conducted by a nameless crypto holder, who transferred all of this crypto to Robinhood.
The trader only paid $0.18, or 2.256 DOGE, to do so. A major crypto analyst, Ali Martinez, shared a Dogecoin chart indicating how cryptocurrency could potentially double its value in the upcoming months.
Based on the analysis by Ali, there’s a 0.786 Fibonacci stage at this stage in the 100-week and 200-week EMAs. Based on the Dogecoin price prediction, it can rise as high as $0.14.
Pullix (PLX) Will Enable Exclusive Benefits to Native Token Holders
While Pepe is declining in value, Dogecoin is seeing rapid whale activity, and PLX has managed to grab a significant portion of traders’ attention with its unique offering.
Not only will Pullix become the world’s first community-backed exchange, but it will also be a platform where anyone can trade the global market 24/7 and include all assets alongside cryptocurrencies. By holding the native crypto, PLX, investors on the platform is able to benefit from the daily revenues generated from the exchange. The token serves as a currency for traders to use the trading platform.
Some of the assets and trading conditions would require it for exclusive entry, and as a result, its demand will spike. It will implement a token-burn feature as well to keep the value stable. There is multi-currency staking for passive income, including BTC, ETH, DOGE, and other altcoins.
Investors can also use the deposited crypto as collateral to trade OTC derivatives with up to 1000:1 leverage. During the initial presale stage, the crypto trades at $0.04, but at launch, it can surge by 1,500%.
For more information regarding Pullix’s presale see links below:
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