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PEPE’s Golden Cross Signals Potential Extended Rally Amid Memecoin Frenzy

PEPE’s Golden Cross Signals Potential Extended Rally Amid Memecoin Frenzy

Author:
PEPE News
Published:
2025-07-04 12:35:19
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[TRADE_PLUGIN]PEPEUSDT,PEPEUSDT[/TRADE_PLUGIN]

The frog-themed memecoin PEPE has surged by 10%, reaching $0.00001049, driven by a bullish technical formation known as a golden cross. This pattern, often indicative of sustained uptrends, has sparked optimism among traders. The rally was further supported by a significant spike in trading volume, with hourly volume hitting 13.7 trillion tokens during the ascent. Memecoins, in general, have outperformed the broader cryptocurrency market, as evidenced by CoinDesk's sector index gaining 11.4% compared to the CD20's 5.92% rise. PEPE's ability to establish support at key levels suggests potential for further gains, making it a standout performer in the current memecoin frenzy. As of July 4, 2025, the market's bullish sentiment towards PEPE and other memecoins highlights the growing interest in high-risk, high-reward digital assets.

PEPE Surges 10% as Golden Cross Hints at Extended Rally in Memecoin Frenzy

The frog-themed memecoin Pepe jumped 10% to $0.00001049, buoyed by a bullish technical formation and surging trading volume. A golden cross emerged on its charts, a pattern often preceding sustained uptrends, as hourly volume spiked to 13.7 trillion tokens during the ascent.

Memecoins broadly outperformed the crypto market, with CoinDesk's sector index gaining 11.4% versus CD20's 5.92% rise. PEPE established support near $0.0000101, with Fibonacci extensions suggesting a potential run toward $0.0000110 if momentum holds.

PEPE Faces Volatility as Whales Accumulate Amid Market Uncertainty

PEPE, the frog-themed memecoin, dropped nearly 6% in 24 hours as geopolitical tensions surrounding Trump's tariff deadline rattled cryptocurrency markets. The token's price swung wildly across a 16.5% range, highlighting its sensitivity to macroeconomic signals during periods of thin liquidity.

Despite the selloff, blockchain data reveals whales are accumulating. Large addresses increased their PEPE holdings by over 5% in the past month, now controlling $3 billion worth—more than 70% of circulating supply. Exchange reserves fell to a two-year low of 247.2 trillion tokens, down 3% since July.

Technicals show PEPE struggling to hold above $0.0000106 resistance, with support emerging NEAR $0.00000965. The descending channel pattern and distribution during price spikes suggest continued volatility, though whale accumulation could signal underlying strength.

Neo Pepe Coin ($NEOP) Presale Gains Momentum as Investors Flock to Meme Coin Opportunity

The $NEOP presale has surged through its stages at a breakneck pace, with Stage 3 selling out rapidly and Stage 4 now underway at $0.08 per token. Market participants are scrambling to secure positions, driven by influencer endorsements and the coin's auto-liquidity mechanism.

Crypto analyst Ivan on Tech highlighted $NEOP's potential during a recent livestream, calling it a standout investment for Q3. The project's transparent governance and meme coin volatility profile have further fueled demand, mirroring historical patterns where early entrants capture outsized gains.

Exchange listing speculation is building as the presale's velocity suggests strong market appetite. The Pepe-themed asset joins a wave of meme coins demonstrating that retail interest remains a potent force in crypto markets, even amid broader institutional adoption trends.

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