Crypto Market Bleeds While Pepe Price Rally Continues: Will Memecoin Hold Markets Amid Deep Correcti

Cryptocurreny News Media| Crypto Guide
Menu
earn now Earn Now
Track your PortfolioTrack your Portfolio Track your arrow
Price Analysis
Crypto Market Bleeds While Pepe Price Rally Continues: Will Memecoin Hold Markets Amid Deep Correction?
Author: Sahana Vibhute

Mar 20, 2024 15:34
news-image
PEPE Price Retest In Action: Plans A Reversal Rally of 40%!
The crypto markets are trying to overcome the recent pullback after the Bitcoin price dropped below $62,000. Now that the price has soared above $62,800, the other altcoins have also begun with a significant upswing. In the meantime, a popular memecoin, Pepe, which has triggered the ‘Memecoin Mania’, has again led the top performers of the day.

Advertisement
first-banner-ad
Many of the larger cap memes have recently performed well, with the assumption that prices will fall after each upswing. The narrative quickly shifted to presales, which already appear to have faded, and hence a new narrative is expected to go low in the short term. However, PEPE has been one of the top traded tokens across the exchanges, along with Bitcoin & Ethereum. This suggests the traders continue to have faith in the memecoins, expecting a fresh wave to begin very soon.


The daily chart of PEPE price suggests the price is experiencing a short-term squeeze as both bands of the Bollinger are converging with the volume draining to a large extent. Besides, the average true range (ATR), the volatility indicator is at its peak. These factual remain in favour of the bulls, which suggests the price is closer to triggering a fresh bullish wave soon.

The bears tried to drag the levels lower but the bulls defended the support at $0.0000068, which triggered a fine rebound above $0.000007. Therefore, a fine breakout could be fast approaching, but before that, the prices are expected to remain consolidated for some more time than expected. This may create extensive pressure on the price, with the bands experiencing an extensive squeeze.

Therefore, considering the current market trend, the memecoins are trading with significant strength and hence may hold the markets amid a deep correction.

Also Read: Top Meme Coins With Massive Potential To Turn $1 to $1000!

Altcoins Meme Coins Price Analysis
Facebook X LinkedIn Tumblr Pinterest Reddit
Was this writing helpful?
No Yes
Related Articles
FTM Price Surge Continues! What’s Next For Fantom Token?
March 21, 2024
Bitcoin (BTC) Price Retrieving: Will It Regain $65,000 After the FOMC Meeting?
March 21, 2024
Bitcoin Behaves Differently This Cycle Ahead Of The Halving Event: Insights From On-Chain Data On BTC Price
March 20, 2024
These Cryptos Below $1 May Be the Best Buy Before the Markets Flip From the Bearish Well
March 20, 2024
Advertisement ×

first-sidebanner-ad
Recent News
nftfn
Why Missing Out on NFTFN’s 300x Altcoin Presale Opportunity Could Cost You
March 21, 2024
SEC Says ‘No’ to Ethereum ETF
Paul Grewal Takes On the SEC vs. Ethereum: Analyzing the Implications for the Crypto Market:
March 21, 2024
fantom price
FTM Price Surge Continues! What’s Next For Fantom Token?
March 21, 2024

Crypto Regulations In Indonesia In 2024
March 21, 2024
Gary Gensler Stumbles On Ethereum
SEC Targets Ethereum Foundation: SEC’s Shocking Move Sparks Fear and Uncertainty
March 21, 2024
Terra Luna Classic
Terra Luna Classic Hits New Milestone with 5.5 Million Holders Amidst Rising Interest
March 21, 2024
furr-token
Crypto Investment Guide: Ethereum (ETH), Solana (SOL), and Furrever Token (FURR) Stand Out in Market Landscape
March 21, 2024
blockdag.network
BlockDAG Sprinting Towards $6M! Arweave To Surpass Previous ATH? Shiba Inu Faces Volatility!
March 21, 2024

Bitcoin Dogs Presale Ended, But BlockDAG Presale Bites Back With $5.9 Million
March 21, 2024
bitcoin 2024 price
Bitcoin (BTC) Price Retrieving: Will It Regain $65,000 After the FOMC Meeting?
March 21, 2024
cp-logo
Cp-Organization
Coinpedia - Trusted Crypto Agency for News, Information, Exchange, PR, Blockchain Events, Crypto Wallet and Else related to Decentralized World.
DMCA.com Protection Status
Follow Us
rssFacebookTwitterPinterestLinkedinInstagramMediumTelegramSteemitQuoraSubstackGettr
© Copyright 2024, All Rights Reserved | Coinpedia
About UsAdvertisePartnersAuthorsPrivacy PolicyTerms and ConditionsEditorial PolicyFeedback
×sticky-ad
Facebook
X
WhatsApp
Telegram
Viber
Back to top button
home iconHomenews-categoryLive Newsfooter-logomarket-iconMarketportfolioPortfolio
Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide
Menu
earn now Earn Now
Track your PortfolioTrack your Portfolio Track your arrow
Guest Post
Bitcoin Dogs Presale Ended, But BlockDAG Presale Bites Back With $5.9 Million
Author: PR Manager

Mar 21, 2024 1:30
news-image

Investors in the cryptocurrency world are witnessing a notable transition as the Bitcoin Dogs presale ended, with attention now turning to BlockDAG’s exceptional success in raising over $5.9 million. Bitcoin Dogs, the pioneering ICO on the Bitcoin network, initially sparked enthusiasm in the community. However, as the presale ended, investors were reevaluating their options, drawn by the allure of BlockDAG’s presale offerings.

Advertisement
first-banner-ad
blockdag
The Rise And The Fall
The surge of interest is broader than that of existing Bitcoin Dogs investors; it extends to those who may have missed the initial opportunity. BlockDAG’s presale presents an enticing proposition to be part of a groundbreaking project from its inception, coupled with a supportive community and cutting-edge technology.


Bitcoin Dogs captivated investors by blending cryptocurrency investment with the universal affection for dogs. This innovative concept created an engaging online experience that resonated with many. However, as BlockDAG’s presale gains momentum, investors are captivated by its potential and possibilities.

BlockDAG: An Epitome Of Innovation
BlockDAG’s impressive fundraising achievements and revolutionary project have positioned it as an attractive option for investors seeking new opportunities. The presale’s success has sparked curiosity and excitement, prompting investors to reconsider their investment strategies and explore diversification.

The allure of BlockDAG extends beyond its fundraising success. Its user-friendly mining experience and sleek and efficient mining rigs provide a refreshing alternative to traditional setups. The BlockDAG X10, for instance, offers compact yet powerful mining capabilities, allowing users to mine up to 200 BDAG coins daily with minimal noise and hassle.

What sets BlockDAG apart is its commitment to innovation and community engagement. The project’s focus on inclusivity and support ensures every investor feels valued and empowered. As the Bitcoin Dogs presale ended, the shift to BlockDAG signifies projects with solid fundamentals and community backing.

The success of BlockDAG’s presale has left Bitcoin Dogs investors amazed, prompting them to explore the potential and possibilities that BlockDAG offers. As they navigate the dynamic cryptocurrency landscape, investors are drawn to BlockDAG’s promise of innovation and growth especially after the keynote video release.


Concluding Thoughts
The transition from Bitcoin Dogs to BlockDAG underscores the ever-evolving nature of the cryptocurrency market. BlockDAG’s presale success and innovative approach reshaped investor perceptions and set new industry standards. As the Bitcoin Dogs presale ended, investors are hunting for the next big thing, pouring heavy investments into BDAG. Join the BlockDAG revolution today and be part of the future of crypto mining.

blockdag
Buy BlockDAG Now

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram:https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Disclaimer and Risk Warning
This is a guest post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. The image used in this article is for informational purposes only and is provided to us by a third party. Coinpedia should not be held responsible for image copyright issues. Contact us if you have any issues or concerns. Readers should do their research before taking any actions related to the company.

Facebook X LinkedIn Tumblr Pinterest Reddit
Was this writing helpful?
No Yes
Related Articles
Crypto Investment Guide: Ethereum (ETH), Solana (SOL), and Furrever Token (FURR) Stand Out in Market Landscape
March 21, 2024
BlockDAG Sprinting Towards $6M! Arweave To Surpass Previous ATH? Shiba Inu Faces Volatility!
March 21, 2024
Dogecoin (DOGE) and Shiba Inu (SHIB) Counter Market Trends: Longevity Tested with Furrever Token Presale Excitement
March 20, 2024
While Cardano (ADA) and XRP Experience a Downturn, BlastUP (BLP) Presale Token Remains Confident
March 20, 2024
Advertisement ×

first-sidebanner-ad
Recent News

Coinbase Embraces Meme Mania: Launches Futures for Dogecoin, Litecoin, and Bitcoin Cash
March 21, 2024
nftfn
Why Missing Out on NFTFN’s 300x Altcoin Presale Opportunity Could Cost You
March 21, 2024
SEC Says ‘No’ to Ethereum ETF
Paul Grewal Takes On the SEC vs. Ethereum: Analyzing the Implications for the Crypto Market:
March 21, 2024
fantom price
FTM Price Surge Continues! What’s Next For Fantom Token?
March 21, 2024

Crypto Regulations In Indonesia In 2024
March 21, 2024
Gary Gensler Stumbles On Ethereum
SEC Targets Ethereum Foundation: SEC’s Shocking Move Sparks Fear and Uncertainty
March 21, 2024
Terra Luna Classic
Terra Luna Classic Hits New Milestone with 5.5 Million Holders Amidst Rising Interest
March 21, 2024
furr-token
Crypto Investment Guide: Ethereum (ETH), Solana (SOL), and Furrever Token (FURR) Stand Out in Market Landscape
March 21, 2024
blockdag.network
BlockDAG Sprinting Towards $6M! Arweave To Surpass Previous ATH? Shiba Inu Faces Volatility!
March 21, 2024

Bitcoin Dogs Presale Ended, But BlockDAG Presale Bites Back With $5.9 Million
March 21, 2024
cp-logo
Cp-Organization
Coinpedia - Trusted Crypto Agency for News, Information, Exchange, PR, Blockchain Events, Crypto Wallet and Else related to Decentralized World.
DMCA.com Protection Status
Follow Us
rssFacebookTwitterPinterestLinkedinInstagramMediumTelegramSteemitQuoraSubstackGettr
© Copyright 2024, All Rights Reserved | Coinpedia
About UsAdvertisePartnersAuthorsPrivacy PolicyTerms and ConditionsEditorial PolicyFeedback
×sticky-ad
Facebook
X
WhatsApp
Telegram
Viber
Back to top button
home iconHomenews-categoryLive Newsfooter-logomarket-iconMarketportfolioPortfolio