Pepe (PEPE), the frog-themed meme coin, has returned to the spotlight, reclaiming its position as the third largest meme coin in terms of market capitalization.
With a 10% rise in market capitalization over the past 24 hours, PEPE’s resurgence has attracted the attention of crypto whales, who appear to be betting big on its return.
On-Chain Analytics Platform Spot on the channel found that significant whale activity is fueling PEPE’s momentum. More than 480 billion PEPE tokens were acquired in a matter of hours, and a newly emerged whale, identified as “0x8f5,” withdrew a staggering 280 billion tokens (worth approximately $5 million) from Binance. Such moves signal a potential rebound for PEPE, sparking renewed interest in the coin’s trajectory.
Pepe (PEPE) Price Analysis and Prediction
Over the past week, Pepe (PEPE) experienced a slight increase in its price, gaining 3.20%. This comes after a rough month in which the coin fell 21.57%. Despite the recent decline, PEPE shows a remarkable increase of 44.81% over the past six months, highlighting its long-term growth potential.
Currently, PEPE is trading between $0.00001579 and $0.00002056. The nearest resistance level lies at $0.00002336. A breakout could lead to an increase of around 13%. On the other hand, the closest support level lies at $0.00001382. A move below could result in a decrease of around 12%. The second resistance and support levels lie at $0.00002812 and $0.000009056, respectively, indicating key price points to watch.
The simple moving averages show the 10-day SMA at $0.00001849 and the 100-day SMA at $0.000017516. This suggests a consistent trend in the short to medium term. The relative strength index (RSI) is at 51.68, indicating neutral market momentum. The stochastic value of 42.98 confirms this, indicating neither overbought nor oversold conditions. With a positive MACD level of 0.0000001687, bullish momentum could develop. Based on these indicators, PEPE could be ready to gradually increase in the near future.
As PEPE continues to climb, the XYZVerse presale, another emerging competitor in the crypto space, has reached its 10th milestone.
XYZVerse Presale Sees Increased Demand With 9 Out Of 15 Stages Already Completed
XYZVerse emerged as a one-of-a-kind project, combining the thrill of sport with the playful nature of the same corners. Designed for fans of football, basketball, MMA and esports, XYZVerse introduces a new concept in the crypto space, bringing together sports fans and crypto enthusiasts in search of the next hidden gem.
THE unique concept developed by XYZVerse has already generated a lot of interest from the crypto community because 9 out of 15 scenes have already been soldshowing strong momentum as it approaches its Token Generation Event (TGE).
The presale structure involves gradual price increases of the $XYZ token. In step 1, the price was $0.0001, and now in step 10, XYZ costs $0.002. At the final 15th stage, the price will be increased to $0.1.
Those who buy $XYZ at an early stage have the opportunity to get this asset at a deeper discount.
Don’t Miss a Bigger Discount – Secure Your $XYZ Now
Ambitious roadmap with clear milestones
XYZVerse’s roadmap is designed for steady growth, aiming to make the project a leader in the coin space. Key steps include:
- Token Generation Event (TGE): Once the presale ends, XYZVerse will launch its $XYZ tokens, accompanied by a massive marketing campaign to increase awareness.
- Stock Exchange Listings: The project plans to be listed on major centralized (CEX) and decentralized (DEX) exchanges shortly after the TGE, increasing accessibility for investors around the world.
- Community Engagement Initiatives: From exclusive sports-themed NFT releases to fan-curated events and awards, XYZVerse aims to foster a close-knit and active community.
- Deflationary Burn Mechanism: Over time, 17.13% of the token supply will be burned, reducing overall circulation and potentially increasing demand.
- Sports Partnerships: The project is actively exploring collaborations with sports organizations and influencers to expand its reach and strengthen its brand.
Smart Tokenomics designed for sustainability
XYZVerse has designed its tokenomics with long-term growth and community value in mind. A supply capped at 100 billion tokens ensures scarcity as the project gains traction, while a 15% liquidity reserve improves the stability of business and market operations.
The planned token burn will gradually decrease the circulating supply, adding a deflationary aspect to $XYZ. This scarcity mechanism is designed to support the value of the token over time, particularly as demand increases with new use cases and adoption.
Why XYZVerse is getting attention
Investors are flocking to XYZVerse not only for its discounted pre-sale prices, but also for its vision and execution. By combining a solid roadmap, sustainable tokenomics, and a strong community, XYZVerse is positioning itself as a standout player in the sports and coin-themed cryptocurrency niches.
With five presale stages remaining, first-time buyers have the opportunity to secure $XYZ at competitive prices before they hit major exchanges.
Join the $XYZ Presale Now Before the Next Price Increase
This article is sponsored content. All information is provided by the sponsor and Brave New Coin (BNC) does not endorse or take responsibility for the content presented, which is not part of BNC editorial. Investing in crypto assets involves significant risks, including potential loss of capital, and readers are strongly encouraged to conduct due diligence before committing to any business or product mentioned. Brave New Coin assumes no liability for any damage or loss resulting from reliance on the content provided in this article.