Markets
- Oh great, PEPE’s price just slipped below a key support level like it tripped on its own shoelaces. Trading volumes? Down. Open interest? Shrinking faster than my motivation on a Monday morning. Long liquidations are having a party while shorts stay chilling in the corner.
- Network activity has gone full ghost town-fewer than 3,000 daily active addresses. That’s not even enough people to fill a decent-sized concert venue! 🎤📉 And guess what? Technical analysis says we might see a 15% drop. Because why not add insult to injury?
- But wait! The top 100 PEPE whales on Ethereum added 0.2% to their stash. Bravo, you sneaky hodlers. Meanwhile, PEPE on exchanges rose by 1.13%. So basically, they’re hoarding and dumping at the same time. Classic crypto chaos. 🐳💸
PEPEPEPE$0.0₅9608◢1.35%Let’s talk about poor little PEPE, the meme coin that dreams big but keeps getting smacked down. It fell below a key support level (RIP), and now everyone’s whispering about a potential 15% nosedive. You know, casual Friday drama for cryptocurrencies. 😅
Trading volumes are slumping harder than I do after three cups of coffee-they’ve dropped to $980 million. Open interest? Down 4% to $535 million. Traders have apparently decided to take an extended vacation because conviction is so last season. 🏖️📉
And oh, the derivatives data! Long liquidations hit $326,000, which sounds impressive until you realize short liquidations barely made it to $9,900. Poor shorts, always playing catch-up. This imbalance could send PEPE spiraling faster than your ex’s Instagram stalking habits. 👀💸
Meanwhile, network activity looks like a deserted island with fewer than 3,000 daily active addresses. Back in late 2024, there were 27,500 addresses buzzing around during a price rally. Now it’s just crickets. 🦗 According to trader Alpha Crypto Signal, PEPE might break down further toward $0.0000085-$0.0000080. Yikes. 😬
Technical Analysis: Let’s Get Nerdy 🤓
PEPE had a rollercoaster moment recently, bouncing between $0.000010028 and $0.000009567. A brief rally tried to push prices up to $0.000010000, fueled by a whopping 2.6 trillion tokens traded. But alas, sellers swooped in like overzealous bouncers at a club. 🚪
Now PEPE’s testing $0.000009610-a 4% pullback from recent highs. Resistance is forming near $0.000009640 despite volume spikes above 89 billion. Translation: people are offloading this thing faster than free samples at Costco. 🛒📉
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2025-09-04 15:55