Pepe Price Prediction: PEPE Surges 20% As The Dogeverse Meme Coin Presale Blasts Past $10 Million

The Pepe price has soared 20% in the past 24 hours to trade at $0.00000793 as of 02:08 a.m. EST.

Trading volume surged 57% as the meme coin sector's market cap climbed 6.4% to $56.9 billion, indicating a resurgence in meme coin enthusiasm. Top gainers in the sector included Dogwifhat (WIF), Floki (FLOKI), Bonk (BONK), and Book of Meme (BOME).

Why Pepe Price and Sector Tokens Rally While DOGE and SHIB Miss Out

The surge in the Pepe price follows its listing on Coinbase International Exchange and Coinbase Advanced for perpetual futures trading.

Our 1000PEPE-PERP market is now in full-trading mode on Coinbase International Exchange and Coinbase Advanced. Limit, market, stop, and stop limit orders are all now available. pic.twitter.com/hO32wARVFu
— Coinbase International Exchange 🛡️ (@CoinbaseIntExch) April 23, 2024

The token was initially scheduled for listing on April 18 but was delayed due to "technical reasons." Many traders had anticipated a rally, as the launch would have occurred two days before the fourth Bitcoin halving.

Nonetheless, established meme tokens like BONK, WIF, FLOKI, and BOME have benefited from the capital rotation, as traders speculate that they could be the next to rally. DOGE and SHIB are not experiencing the same gains due to their already-listed status.

Pepe perpetual futures contracts became available on Tuesday, making the 1000PEPE-PERP market accessible to institutions through Coinbase International Exchange. Retail traders can also access the token via the Coinbase Advanced platform.

The PEPE perpetual futures contract is only available to non-US residents and institutions through the respective platforms. Coinbase Advanced noted in a statement, "You can now trade 1000PEPE-PERP with up to 10X leverage."

Pepe Price Outlook After PEPE Listing on Coinbase

The Pepe price is currently within the Golden Zone, but a correction may be imminent. The Golden Zone encompasses the price range between the 38.2% and 61.8% Fibonacci retracement levels, with the 61.8% level being particularly significant as the most critical Fibonacci level.

While the outlook remains bullish, technical analysis suggests a potential correction. The volume profile on the right side of the chart for the 'bearish delta type' (grey) shows spikes in volume, indicating areas where sellers are prevalent. This contrasts with the 'bullish delta type' (yellow) where buyers dominate and the Pepe price could find support.

Based on the daily chart for the PEPE/USDT pair, the most likely scenario is that the Pepe price will break above the 38.2% Fibonacci level at $0.00000822. This would be followed by a brief consolidation above this level before a correction.

A similar pattern was observed in late March, supporting the assumption that the area above the 38.2% Fibonacci level presents strong resistance for the Pepe price.

The anticipated rejection could result in the Pepe price falling below the 50% and 61.8% Fibonacci retracement levels, creating another buying opportunity around the 21-day Smooth Moving Average (SMMA) at approximately $0.00000639.

TradingView: PEPE/USDT 1-day chart

Conversely, if the bulls prevail, the Pepe price could extend gains beyond the $0.00000900 psychological level. A key factor driving this would be a sustained rally in the Bitcoin (BTC) price.

Meanwhile, as established meme coins soar, some investors are diversifying into an ICO that they believe has the potential to join the ranks of elite meme coins.

The multi-chain ICO Dogeverse has already raised over $10.2 million in just 16 days of presale, with crypto analyst Jacob Bury suggesting it has the potential to explode after launch.

A Promising Alternative to Pepe

Dogeverse emerges as a trailblazer in the crypto sphere as the first meme coin to launch on the six most widely used blockchains after Bitcoin. It proclaims itself as "The World's First Chain Traveling Doge."

🌍 Welcoming #Blockchain Inclusive Accessibility! 🚀#DOGEVERSE extends its arms to a broad spectrum of enthusiasts, ranging from #Ethereum devotees to those favoring the swift, economical advantages of #Solana or #Polygon, nurturing a varied and inclusive community. 🐶✨ pic.twitter.com/Oj5o7h2o3i
— DogeVerse (@The_DogeVerse) April 23, 2024

While most meme coins are confined to a single blockchain network, limiting their growth as traders migrate between networks, Dogeverse stands apart. Built to operate seamlessly on Ethereum, BNB, Polygon, Solana, Avalanche, and Base chains, this multichain project significantly expands the potential of the Doge universe. While multi-chain cryptos exist, none match the scope and interconnectedness of Dogeverse.

Explore the $DOGEVERSE Benefits on #Ethereum:
1️⃣ Enhanced Security: Leverage ETH's network for secure transactions. 🔒
2️⃣ Easy Compatibility: Seamlessly use #Tokens across wallets and exchanges. 🌐
Embracing the next level of #Memecoin functionality with #DOGEVERSE! 🚀🐶 pic.twitter.com/L3GEhDP6oO
— DogeVerse (@The_DogeVerse) April 23, 2024

Buy Dogeverse in the Presale

Dogeverse's native token, DOGEVERSE, is currently available for purchase at $0.000301, but a price increase is scheduled to occur in just over a day. Therefore, there is limited time to secure the lowest price if you are interested.

Visit and buy Dogeverse tokens here.

Pepe Price Prediction: PEPE Surges 20% As The Dogeverse Meme Coin Presale Blasts Past $10 Million

Recent news

Selected Topics

Selected Articles