Pepe on Sol Kurs PEPE

In my dreams it will reach 1$.. $PEPECOIN. I know it can't happen but it cost nothing to dream😂

TL;DR Shiba Inu’s price faces further downside risks due to a sharp drop in Shibarium activity, a collapse in the burn rate, and other factors. However, a predominantly negative exchange netflow suggests investors might be moving SHIB off exchanges into self-custody, potentially easing selling pressure and hinting at a short-term price rebound. What Signals a Severe Pullback? The second-biggest meme coin has not been in good shape lately. Its price has fallen over 25% in the past month, currently trading at roughly $0.00001543. SHIB Price, Source: CoinGecko Some key elements indicate the meme coin might be headed for a deeper correction. One of those is the decreased Shibarium activity. Daily transactions processed on the layer-2 scaling solution have dropped from over 4.5 million last week to under 100,000 on February 17. Shibarium is specifically designed to foster the development of the Shiba Inu ecosystem, and its further advancement could positively impact the price of the underlying token. Conversely, its stalled progress may have the opposite effect. Next on the list is Shiba Inu’s burning program. The burn rate has collapsed 95% over the last 24 hours, resulting in just 1.7 million tokens sent to a null address. The mechanism’s ultimate goal is to reduce the circulating supply of SHIB, potentially making it more valuable in time. Lastly, we will touch upon the overall bearish environment of the entire meme coin niche. The sector’s total market capitalization has slipped by 5% in the past day, currently set at less than $75 billion. The vast majority of the memes, including Dogecoin (DOGE), Pepe (PEPE), Official Trump (TRUMP), Bonk Inu (BONK), Floki Inu (FLOKI), and many more have recorded substantial losses. Meme coins are often driven by hype, community sentiment, and speculative trading. A downtrend of the entire sector can dampen enthusiasm, leading to reduced trading volume and selling pressure on numerous tokens, including SHIB. Something for the Bulls Despite the aforementioned bearish factors, it is not all doom and gloom, with one on-chain metric suggesting a possible price reversal in the short term. This is Shiba Inu’s exchange netflow which, according to CryptoQuant, has been predominantly negative in the last month. The development signals about a potential shift from centralized platforms toward self-custody methods, which in turn, reduces the immediate selling pressure. The post Another Shiba Inu (SHIB) Price Crash Ahead? 3 Factors Driving Bearish Sentiment appeared first on CryptoPotato.

🐸 $PEPE Faces Major Deleveraging Amid 42% Drop According to on-chain analytics platform Glassnode, frog-themed cryptocurrency PEPE has seen a major deleveraging as Futures Open Interest across the meme coin sector has dropped significantly since their peaks. Recently, a trend has emerged among meme coins, with open interest cooling off following speculative peaks. The trend is clear: open interest has sharply corrected across meme coins. This can point to leverage flushing out but also signal a shift in sentiment across the meme coin sector. 💬 PEPE, BONK, and WIF also saw major deleveraging: 📉 PEPE: -71.93% ($1.25B → $351M) 📉 BONK: -75.10% ($715M → $178M) 📉 WIF: -69.83% ($653M → $197M) These memecoins followed similar patterns, with OI cooling off after speculative peaks.— glassnode February 19, 2025 Frog-themed meme coin PEPE has seen its price drop by 42% monthly and experienced a major deleveraging, with its futures open interest plunging by 71.93% — falling from $1.25 billion to $351 million. The meme coin sector, in general, is undergoing a significant shift, with futures open interest (OI) sharply contracting after reaching speculative peaks. This trend is reflected in other meme coins such as SHIB, DOGE, WIF and BONK. At the height of the speculative frenzy, meme coins saw skyrocketing trade volumes and massive leveraged holdings. However, recent data shows that this exuberance is cooling off. The substantial drop in futures open interest across the sector indicates that traders are stepping back, reducing their exposure and flushing out excessive leverage from the market. PEPE down 42% monthly After a stellar surge in late 2024, PEPE is now facing a harsh reality. The token has experienced a steep 42% drop over the past month, mirroring a broader correction in the often volatile meme coin sector. At press time, PEPE was down 2.29% in the last 24 hours to $0.0000092 and down 0.09% weekly. PEPE has steadily declined since reaching an all-time high of $0.000028 on Dec. 9, 2024, and is now down 66.5% from this peak. PEPE declined all through January, dropping for four consecutive weeks at a stretch. Bears took a breather in the past week, with PEPE ending the week in the green, but the drop has now resumed, with PEPE down this week. Eyes will be on recovery for the PEPE price beyond the daily SMA 50 at $0.00001453 to ascertain a price comeback. #PEPE #Pepecoin 

2013 - Missed $BTC 2014 - Missed $DOGE 2015 - Missed $XRP 2016 - Missed $ETH 2017 - Missed $ADA 2018 - Missed $BNB 2021 - Missed $SHIB 2023 - Missed $PEPE 2024 - Missed $SPX 2025 - Don't miss $_____

Pepe [PEPE] has been consolidating within a defined range, and traders are closely monitoring its next move. Recently, the token faced resistance and a slight 0.99% drop, trading at $0.0000009351 at press time. With key support and resistance levels in play, PEPE is poised for a potential breakout. If PEPE can breach these critical levels, a surge in price could follow, signaling the start of a new upward trend. PEPE’s press time price was nearing the key resistance level at $0.00001000, which will be crucial for determining the next move. The token has formed a broadening wedge, a pattern that often leads to a breakout. If it successfully breaches the $0.00001000 resistance, PEPE can surge around 80%, with price targets ranging from $0.00001050 to $0.00001800. Therefore, PEPE could potentially reverse its recent downtrend and trigger bullish momentum. However, if PEPE fails to break through, it could test the $0.00000900 support level. In addition, the RSI was 35.64 at press time, signaling that the market was neutral. This suggested that there was potential for both upward and downward movement. The next price action will likely depend on whether PEPE manages to break key resistance levels, with an upward breakout seeming the more probable scenario. At press time, 70.33% of PEPE holders were “Out of the Money,” which meant that the majority of investors were holding positions below their purchase price. This created a significant barrier, as many investors may sell to minimize losses if PEPE rises substantially. However, 24.66% of addresses were “In the Money,” which provided some stability. These investors are likely to hold their positions and contribute to supporting the price. Therefore, if it moves past resistance, these holders could help fuel further upward momentum. As of the 19th of February, PEPE’s total liquidations amounted to $514.68K, with $254.45K in short positions and $260.23K in long positions. This showed more long positions being liquidated, indicating that traders were betting on a price rise. A price breakout could force more traders to exit their positions, potentially adding buying pressure. The liquidations suggested volatility, but also increased bullish sentiment if resistance levels are broken. The active addresses have reached 3,903, indicating moderate interest in the market. However, the transaction count has been rising steadily, moving from 3168 to 3,937. This upward trend in transaction activity suggested increasing market interest. Therefore, if PEPE sustains its breakout, more participants could fuel its price movement. PEPE seems to be at a pivotal point, with key resistance levels being tested. If it manages to break the $0.00001000 resistance, the token could experience an 80% surge. However, the large percentage of “Out of the Money” positions could hold back any significant price movement. Therefore, PEPE needs to break through resistance levels and attract more market participants to sustain the breakout. However, the breakout seems probable, but a solid push is still required.$PEPE