Pepe Coin Price Prediction – $PEPE Soars With Coinbase Perpetual Future Listing

Coinbase's Pepe Coin Perpetual Futures Contracts: A Catalyst for Excitement

The announcement of Perpetual Futures Contracts for Pepe coin on Coinbase has ignited a surge of enthusiasm and speculation among traders. This move brings Pepe coin closer to a full spot trading position on Coinbase, potentially unlocking new opportunities for trading and investment.

Pepe-USDT Trading Pair Fuels Optimism

The prospect of a Pepe-USDT trading pair on Coinbase has instilled optimism among investors, leading to a notable increase in Pepe coin's value. Traders can now engage in 1000PEPE-PERP trading with up to 10X leverage, while traders in eligible jurisdictions are eagerly exploring this novel opportunity.

Coinbase's Support Propels Pepe Coin

Coinbase's support for Pepe coin has had a tangible impact, with the coin experiencing a significant uptrend in recent days. Such rapid growth has reignited discussions about the coin's potential to reach new all-time highs, prompting investors to closely monitor its price movements.

Caution Amidst Euphoria

Despite the euphoria, seasoned traders advise caution, emphasizing the importance of distinguishing between hype and fundamental value. As Pepe coin continues its upward trajectory, traders are reminded of the significance of technical analysis in navigating volatile markets.

$PEPE Price Prediction

Recently, $PEPE has experienced a spike in popularity, particularly following Bitcoin's fourth halving on April 20th. Additionally, evidence suggests increased accumulation by whales, hinting at a potential long-term recovery trend.

Notable On-Chain Event

A significant on-chain event involved a whale acquiring 211.6 billion $PEPE tokens valued at $1.72 million. These acquisitions were made across platforms such as Binance, Gate.io, and Uniswap, with an estimated initial investment of $1.54 million.

Current Market Dynamics

As of the time of writing, $PEPE is priced at $0.00000724, boasting a 24-hour trading volume of $1.13 billion and a market cap of $3.04 billion. Over the past seven days, $PEPE has witnessed an impressive 50.16% increase in price, reaching its peak on March 14, 2024, at $0.0000107.

Technical Indicators

Currently, the Relative Strength Index (RSI) stands at 56.70, indicating a neutral market position for $PEPE. Investors are closely monitoring Pepe Coin as it faces resistance at $0.00000789 and support at $0.00000686, with further resistance and support levels at $0.00000893 and $0.00000582, respectively.

Future Outlook

$PEPE's future appears balanced, offering growth potential alongside the inherent risks of a pullback. During the upcoming bull market, Pepe Coin could potentially synchronize with broader market trends and boost its value through strategic updates.

Multi-Chain Meme Coin Presale Crosses $10 Million Mark

On the other hand, Dogeverse has recently surpassed the $10 million milestone, positioning itself as a formidable contender in the dog-themed coin arena poised to dominate the meme sector. This multi-chain meme coin swiftly launched its ICO and garnered over $250,000 within minutes, signaling substantial investor demand.

Dogeverse: Multi-Chain Compatibility

Dogeverse distinguishes itself with its multi-chain compatibility, presently accessible on Ethereum, Polygon, and BNB Smart Chain, with plans for Solana, Base, and Avalanche support in the pipeline. By leveraging top-tier blockchains, Dogeverse prioritizes cost efficiency and speed.

Presale Details

Out of the total token supply of 200 billion, 30 billion have been designated for the current presale. Currently priced at $0.000301, Dogeverse has already raised $10.8 million, targeting a hard cap exceeding $17 million.

Post-Presale Plans

Following DEX listings, Dogeverse intends to expand to centralized exchanges (CEXs) as outlined in its roadmap. Additionally, early investors stand to benefit from an impressive staking annual yield (APY) of 102%, vested over two years, with over 15.6 billion DOGEVERSE tokens already staked.

#Cosmo: The Dogeverse Envoy

Emerging from the remnants of a cosmic explosion, #Cosmo, an exceptional #DOGE, traverses #Blockchains. Symbolizing liberty and discovery, Cosmo calls for solidarity and innovation, urging everyone to delve into the expansive #Crypto realm.

Prominent Crypto Support

Prominent crypto YouTubers like Cilinix Crypto and Jacob Bury have expressed their support for Dogeverse, featuring it in recent videos as one of the best crypto presales to consider.

Conclusion

With meme coin enthusiasm extending to blockchains like Solana and Base in 2024, Dogeverse stands to benefit from the trend of tokens being launched on diverse networks. Its successful presale phase suggests the token is poised for a successful initial exchange offering (IEO).

For more information about the Dogeverse presale, follow their X account (formerly Twitter) and join the Telegram channel. To take part in the $DOGEVERSE token presale, visit thedogeverse.com.