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Cryptocurrency News Articles
PeiPei (PEIPEI) Skyrockets 48% to Enter the Top 300 Cryptos by Market Cap
Jul 10, 2024 at 09:52 pm
The PeiPei price skyrocketed 48% in the last 24 hours to trade at $0.0000003051 as of 4 a.m. EST on trading volume that surged 68% to $193 million.
The PeiPei price skyrocketed 48% in the last 24 hours to trade at $0.0000003051 as of 4 a.m. EST on trading volume that surged 68% to $193 million.
The popular red frog meme coin managed to enter the top 300 largest cryptos by market cap according to CoinMarketCap data — a fact noticed by an X user @bighutcheth and shared by PeiPei itself.
The project also shared that it was trending on other platforms, including CoinGecko and Crypto.com, in addition to CoinMarketCap.
PeiPei’s new surge allowed the token to fully recover from losses seen in the last 30 days, particularly between June 10 and June 28. The token first saw a big price increase in early July, followed by a correction during last week’s bearish wave. Now, however, the bears have once again withdrawn, allowing the bulls to drive the market back into the green.
While most cryptos, especially among the largest ones, are still struggling to fully recover from losses in the last seven days, Peipei is up by 48% on both the weekly and daily charts.
PeiPei Price Prediction
In the past 24 hours, the PeiPei price skyrocketed from $0.0000002074 to $0.0000003172, which also happens to be its all-time high. The token is now struggling to remain above the $0.00000030 mark, as its price has already experienced difficulties with heading further up.
However, technical indicators show that there is potential to PeiPei’s price, although some may also suggest that the token has reached its upper limit for the time being.
Bollinger bands, for example, show that PEIPEI is overwhelmed with a strong bullish sentiment. Its bands have rapidly widened in the past few hours, and the price kept pushing the upper band further and further up, which is a very bullish signal.
On the other hand, the project’s Relative Strength Index (RSI) value has jumped deep into the overbought zone, reaching the value of 85.49 before dropping to a more neutral area of 58.93. This shows that traders were buying massively until the price saw its pump, after which some of them moved in to take profit.
Now, the RSI fluctuates between the neutral zone and the overbought area, suggesting that the buying pressure is still strong but also that many are more than willing to sell, hence the strong price fluctuations at the critical level of $0.00000030
Promising Alternative to PeiPei
While the PeiPei price seems to be determined to breach the resistance at $0.00000031, it remains to be seen whether it has reached its limit or if it can make this additional push.
In the meantime, some believe that it is already too late to buy the token now after such a surge, so they are choosing to turn to alternatives — cryptocurrencies that are still in presale, such as Mega Dice (DICE).
Buying cryptos that are still in presale is often a good idea if you believe that the project is legitimate and that it has potential because the presale price is likely to be the lowest it will be.
This certainly seems to be the case with DICE, a token created by Mega Dice Casino, which has over 11k monthly active users and over 50k registered users who wager more than $50 million every month.
The project already has a massive community ready to use it, offers staking, is deeply integrated into the casino’s platform, and offers tons of benefits, including daily rewards, access to rare NFTs, and even bonuses for those who join the ICO early.
Haven’t bought $DICE yet? Follow the link below to buy in a few easy steps – not convinced, view our reasons below ⤵️
BUY $DICE HERE: https://t.co/E5WFsXQhfQ
Current Price: 1 $DICE = $0.0825 🚀
Here’s why $DICE is set to become the leading GameFi token, outpacing all… pic.twitter.com/wI2jy30ntr
— Mega Dice Casino (@megadice) June 28, 2024
The Mega Dice presale already managed to raise over $1.6 million while selling the DICE token for only $0.09093 at the time of writing.
The token’s price increases with each new stage of the ICO, so buying it sooner rather than later ensures that you will enter while the price is
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