69% of Pepe (PEPE) Holders Return to Profit as Major Price Move Awaits

PEPE

More than half of Pepe (PEPE), the cryptocurrency with a frog motif, are now lucrative, according to latest data, making it a notable player in the market.

Data from IntoTheBlock indicates that 69% of PEPE holders are making money, or are “in the money.”

There is a strong sense of expectation for a significant price move as analysts keenly monitor PEPE’s performance. There is conjecture that PEPE may shed a zero to reach new resistance levels. These forecasts heighten market excitement as enthusiasts and investors alike argue over the coin’s future direction.

https://x.com/intotheblock/status/1780529129424552090

Crypto expert Ali made a suggestion over the weekend that PEPE could be getting ready for its next move. He advises watching for a daily closing that is outside of the $0.00000793–$0.0000664 zone, as this might lead to a 54% rise for PEPE. The PEPE community is holding its breath in anticipation of a significant price shift that experts have hinted to.

Since a decline to lows of $0.00000393 on April 13, PEPE has mostly ranged between $0.00000475 and $0.00000572.

Crypto expert Ali made a suggestion over the weekend that PEPE could be getting ready for its next move. He advises watching for a daily closing that is outside of the $0.00000793–$0.0000664 zone, as this might lead to a 54% rise for PEPE. The PEPE community is holding its breath in anticipation of a significant price shift that experts have hinted to.

Since a decline to lows of $0.00000393 on April 13, PEPE has mostly ranged between $0.00000475 and $0.00000572.

As of this writing, PEPE has dropped 2.42% to $0.000004998 in the previous day, reflecting the overall decline in cryptocurrency prices as the dollar saw its biggest five-day increase since October 2022. Following Fed Chair Jerome Powell’s indication that policymakers were not in a rush to lower interest rates, the financial markets experienced a range of reactions.

Coinbase has announced that it would be adding support for Pepe permanent futures to Coinbase Advanced and Coinbase International Exchange. On April 18, 2024, the 1000PEPE-PERP market will officially launch.

In other listing news, the finance portal SwissBorg now offers PEPE. With this change, users of PEPE tokens may now access 16 fiat currencies through the Swissborg app, including EUR and CHF.

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