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Cryptocurrency News Articles
PEPE Price Struggles as These 3 Cryptos Surge Ahead
Feb 01, 2025 at 04:20 pm
While PEPE price has managed a short-term recovery with a 7.10% daily gain, it remains in a downward trend over the past month.
The cryptocurrency market has kicked off February with a dynamic surge, as observed in the 7.10% rise of PEPE price over the last 24 hours. This recent increase follows a challenging last month for the coin, with a 31.14% decrease. However, as PEPE's value demonstrates signs of bouncing back, three other digital currencies are surpassing it in both momentum and potential for growth - Neo (NEO), Minotaurus (MTAUR), and Lido DAO (LDO).
PEPE Price Performance
In the last 24 hours, PEPE’s price has soared by 7.10%, raising its market cap to $5.82 billion, while trading volume reached $1.42 billion. Although this recent increase has occurred, the coin’s performance in the past week and month has been more negative, reflecting decreases of 7.93% and 31.14% respectively. This implies that although there has been a short-term increase in its value, PEPE finds it difficult to maintain a steady upward trajectory over extended durations.
3 Coins Are Outshining It as February Kicks Off
NEO, LDO and MTAUR are outperforming PEPE as February jets in.
1. Neo (NEO): A Surge in Trading Volume
Neo (NEO) has outshined PEPE price with an 11.79% increase in the past 24 hours, bringing its market cap to $1.07 billion. Over the past week, NEO has risen by 10.09%, with a 4.95% gain in the last month, demonstrating steady momentum.
A significant factor contributing to NEO’s recent rally is the sharp increase in trading volume. Reports indicate a 463.75% surge in trading activity across major exchanges like Bitget, Upbit, OKX, Bithumb, Kucoin, and Binance. Such volume spikes typically signal heightened investor interest and bullish sentiment.
Moreover, the integration of Neo X with Ledger support has further strengthened the ecosystem. Neo has also partnered with SUPRA Labs, integrating powerful oracle and randomness services that enhance the blockchain’s infrastructure for developers building decentralized applications (dApps). These developments have positioned NEO as a strong contender in the evolving blockchain space.
2. Minotaurus (MTAUR): A Gaming Revolution
The Minotaurus (MTAUR) presale has drawn the interest of gamers and crypto fans, raising over 1,400,000 USDT to date. With a presale price of 0.00006001 USDT, MTAUR presents an attractive opportunity relative to its anticipated listing price of 0.00020 USDT. Those with a preference for early-stage cryptocurrencies who entered at 0.000040 USDT have already seen their deposits double, showcasing the token’s significant potential.
As one of the new cryptocurrencies to buy, Minotaurus is distinguished by its focus on gaming as a priority. The ecosystem enables players to have personalized avatars, game enhancements, and unique entry to premium content. As the casual gaming industry keeps growing, Minotaurus is ideally situated to take advantage of this development.
The project is fundamentally based on security and community confidence. Thorough audits conducted by SolidProof and Coinsult confirm the platform’s reliability, and a 100,000 USDT giveaway, referral initiatives, and vesting arrangements promote involvement and enhance its expanding community. These efforts demonstrate the team’s dedication to providing value to its supporters.
The presale procedure is straightforward and reachable through the official Minotaurus site. Regardless of whether you’re a newcomer to crypto or an experienced enthusiast, obtaining MTAUR tokens is easy. With the cost poised to increase shortly, this is an excellent opportunity to get involved and solidify your position in the Minotaurus ecosystem.
3. Lido DAO (LDO): Technical Breakout Fuels Growth
Lido DAO (LDO) has demonstrated notable performance with a current price settling at $2.31. Surging by 9.13% in the past 24 hours and gaining 15.50% over the past week, LDO’s one-month performance stands at a solid 25.78% increase, significantly outperforming PEPE price.
LDO’s recent breakout from a descending triangle pattern on the daily chart is a key bullish indicator. Technical analysts suggest that this could push LDO toward price targets of $3.00 to $3.60 in the coming days.
Furthermore, Lido Finance has made a strategic move by making its Community Staking Module (CSM) permissionless. This allows anyone to become a validator with reduced bond requirements, making Ethereum staking more accessible. With the total value locked (TVL) on Lido increasing, the token’s utility and demand are also rising.
Final Thoughts:
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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