Monero, Pepe & Dogecoin: Where Will the Meme Madness Take Crypto Next?
Privacy coin Monero claws back while meme darlings Pepe and Dogecoin ride the volatility rollercoaster—because nothing says ’sound investment’ like frog memes and a Shiba Inu mascot.
European traders brace for another day of speculative frenzy as these assets defy traditional valuation metrics. Will the ’number go up’ mentality outlast another market cycle? Only your leveraged long positions know for sure.
Monero rally in spotlight amid broader resurgence of interest in privacy-focused cryptocurrencies
Monero’s (XMR) price surges to trade at around $362 on Wednesday, as consolidation takes centre stage in the broader cryptocurrency market. Interest in privacy-oriented coins like XMR has been gaining traction amid growing concerns about surveillance and scrutiny by regulatory authorities.
Pepe Price Forecast: Bullish momentum builds as open interest, funding rate support rally hopes
Pepe (PEPE) price trades higher by over 5% on Wednesday, trading around $0.000013, fueled by a rebound from a key support level. The rise in Open Interest (OI) and a shift to positive funding rates suggest growing trader confidence and potential for further upside. The technical analysis of the daily and weekly time frames indicates a potential double-digit gain for the frog-themed meme coin.
Dogecoin and Shiba Inu Price Forecast: DOGE and SHIB show early signs of a bullish breakout
Dogecoin (DOGE) and shiba inu (SHIB) show early signs of a potential rally as both meme coins stabilize at key support levels. On-chain metrics for dog-themed meme coins show positive funding rates and dormant activity, reinforcing bullish sentiment. The technical outlook also supports the case for double-digit gains, setting the stage for renewed upward momentum in the dog-themed crypto duo.