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Cryptocurrency News Articles
Pepe In A Memes World (PEW) Price Surges 402% as DOGEVERSE Presale Wraps Up
Jun 01, 2024 at 04:53 pm
The Pepe In A Memes World price has surged by 402% in the last 24 hours to trade at $0.00008313 as of 5:30 a.m. EST on a 505% surge in trading volume
The price of Pepe In A Memes World (CRYPTO: PEW) has surged by 402% in the last 24 hours to trade at $0.00008313 as of 5:30 a.m. EST on a 505% surge in trading volume to $84 million.
The price has found strong support at the $0.00002069 level, which has helped the bulls propel the price up within a rising channel.
Despite a small dip caused by the bears, the bulls have shown resilience, bouncing back within the rising channel and pushing the price up from $0.00005766 near the channel’s lower trendline. This suggests the bullish trend is continuing.
The technical indicators are also bullish. The price currently trades above the 50-day Simple Moving Average (SMA), which supports the upward trend and reinforces the positive market sentiment. A further push could see it surpass the 200-day SMA.
Additionally, the MACD has crossed into bullish territory, with the blue line crossing above the orange line, indicating positive momentum. The histogram bars are also positive, further contributing to the bullish sentiment.
Moreover, the Relative Strength Index (RSI) has bounced back from the midline level of 50, indicating strong buying pressure for Pepe In A Memes World.
If the upward trend continues, Pepe In A Memes World price could see further gains, potentially reaching new highs in the coming weeks. This ongoing increase suggests it might soon hit a new high of $0.0001542.
On the other hand, if the bears take control, they could push the price down into a corrective phase. In this case, the $0.00003567 support level would be a safe landing pad for the bulls to regroup.
Meanwhile, as some traders are left with a decisions to make on their PEW investments, others are preparing for the multi-chain Dogecoin (CRYPTO: DOGE) derivative ICO Dogeverse to conclude.
Set for a grand launch, the token is generating buzz among traders who are eager to avoid missing out on the opportunity.
Designed as the first meme coin to operate across multiple blockchains, Dogeverse spans seven different chains to create a unified space for market participants and investors.
Inspired by Cosmo the Doge, the token bridges Ethereum, Solana, Polygon, Avalanche, BNB Chain, and Base, allowing holders to seamlessly navigate between different crypto chains.
Moreover, Dogeverse also offers the unique ability to stake tokens for an annual yield of 42%. However, it's important to note that only ETH purchases are eligible for staking.
According to Crypto YouTuber Jacob Bury, Dogeverse has the potential to surge 10X when it launches.
The presale has already raised over $15 million, with each DOGEVERSE token priced at $0.00031.
Investors have just 2 days left to purchase DOGEVERSE tokens using ETH, MATIC, BNB, BASE, AVAX, SOL, USDT, or a bank card.
Buy DOGEVERSE tokens on the official website here.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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