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Pepecoin

Peng: The Next Memecoin to 100X? Here's WhyPeng ($PENG) is a rising meme coin on the Solana blockchain that's capturing attention in the crypto world. It features an adorable penguin character inspired by Pepe the Frog, aiming to bring a fresh and creative vibe to Solana's "degen" (degenerate) scene. Based on my observation of market sentiment and speculation on meme coins, Peng experienced a significant surge earlier this year in 2024, along with other memecoins like $ponke, which are partnered with the Gobit hedge fund. Most projects partnered with this fund have shown a track record of performing well. The significant pullback we observed with Peng could be a sign of weak hands being shaken off or early adopters exiting for liquidity. I believe that as more retail and degenerate traders enter the market, the price of Peng will perform well due to its branding, consistent social media presence, highly active community, and its presence on the Solana network, which makes speculation fees much cheaper. It's important to remember that investing in memecoins is highly speculative, and you should only invest money that you are willing to lose.
Long
by ShinForex1
4
Why The Original PepeCoin (Memecoin) will go to $45 ?The Origins of Pepe The story of Pepe begins in 2005 when cartoonist Matt Furie created a comic series called Boy's Club, featuring four characters: Brett, Andy L. Wolf, and of course our main character “Pepe” . Pepe was one of the laid-back, animal characters in the comic, known for his chill attitude and catchphrase,"feels good man." Little did Furie know that his creation would take on a life of its own. Over the next few years, Pepe gains popularity on forums like 4chan and Myspace. becoming a versatile meme used to express a wide range of emotions. So whether you're sad, smug, happy, sexy, lazy. This obviously helped make Pepe extremely meme-able. Pepe Coin is Born Fast forward to 2016, Pepe Coin enters the scene.Unlike many meme coins, Pepe Coin was launched as a proof-of-work blockchain, meaning it was mineable just like Bitcoin or Dogecoin. This means no fancy pre-sale, no venture capital backing – just a group of dedicated individuals mining Pepe Coin. I love this aspect because it speaks to the potential of decentralization. This gave it a sense of legitimacy and drew in early adopters, in particular those who liked Pepe meme. Controversy and Rebranding Unfortunately, Pepe Coin's journey wasn't without its challenges. In the heated 2016 US Presidential elections, Pepe becomes a pawn in political warfare. Unfortunately, extremist groups started using Pepe imagery, and the media painted the frog as a hate symbol. The Anti- Defamation League even labeled Pepe as a hate symbol. Hong Kong Protests It's important to note that this wasn't the first time Pepe became a symbol in a significant struggle. Things took a serious turn in 2019 with the Hong Kong Protests. These protests were a massive movement against a proposed law that would have threatened Hong Kong's freedoms. Pepe the Frog, as a symbol of internet culture and expression, became a rallying point for many protesters.This further solidified Pepe's connection to the fight for freedom of speech and resistance – values that resonate deeply with the crypto community. It also further complicated Pepe's public image. To keep the project alive, the OG Pepe Coin is forced to distance itself, rebranding from “PEPE” to "MEME" to appease centralized exchanges. The Birth of KEKDAQ and the Fight for Free Speech Even launched a separate NFT marketplace called Kekd way before giants like OpenSea existed, to promote meme culture and freedom of speech. Users could store, create, and protect their memes and digital assets. This led to some confusion and a temporary setback, but it didn't stop the coin's dedicated supporters. Original Pepe vs Fake Pepe Original Pepe Then, in 2018, Pepe Coin transitioned from proof-of-work to proof-of- stake using UTXO lockups and named the Ethereum-based pepecoin “ CRYPTOCAP:PEPE ” becoming more energy-efficient and scalable. Now, this is where things get interesting. Around 2023, a newer Pepe- inspired coins (often with 'Pepe' in their names) have surfaced, often with significant market capitalizations. This has created confusion, with many mistaking these meme coins for the true OG Pepe Coin. This caused a major split in the community, and it's crucial to distinguish between the original Pepe Coin and this newer project. The original OG Pepe Coin team never forgot its roots and continued to innovate, even after having their concept hijacked. This brings us to the present day, where the OG Pepe Coin is poised for a comeback. The Real Utility of OG Pepe Coin So, what sets the OG Pepe Coin apart? Unlike many meme coins that rely solely on hype, the original team is building real utility. Responding with a powerful message: "They can't steal our ability to innovate..." They've developed projects like Kekbot, a cutting-edge telegram trading bot with dashboard features, Base AI, a decentralized AI network powered by GPU mining.You can contribute your computing power to train AI models,and they have their own AI chatbot in the works. The potential here is mind-blowing! By holding Pepe Coin, you can even stake it to earn rewards in Base AI tokens. Slick Website: Packed with games, messaging(to chat with other degens in a decentralized manner), and a ton of info on their projects. This dedication to development is what makes OG Pepe Coin a true underdog in the meme coin space. The Charts Tell a Story Currently, Pepe Coin is trading at a fraction of the price compared to other major meme coins. However, with a large portion of the supply staked and the potential burn mechanism through Base Ai, Pepe Coin could be primed for a significant price increase. In the event that the Original Pepe is valued the same as Fake Pepe, the price target will be 45 dollars Original Pepecoin Fake pepe Thank you Follow me for more breakdown
Long
by ShinForex1
4
PepeCoin (OG) ready for a big movePepeCoin (PEPECOIN) is showing strong bullish signals with the formation of an inverse head and shoulders pattern on the daily chart, suggesting that PepeCoin might be gearing up for a significant move upwards. Current Price and Market Context: As of the latest data, PepeCoin is trading at approximately $5.75 USD. This marks a substantial recovery from its recent low of around $4.56 USD a week ago. Over the past couple of days, PepeCoin has surged by over 13%, with a trading volume of $3.24 million USD, highlighting strong buying interest and momentum. Support and Resistance Levels: Key support is established around $4.95 USD, with immediate resistance at $5.82 USD. A successful break above this resistance could see prices testing higher levels, potentially retesting its all-time high of $7.57 USD. With the inverse head and shoulders pattern and strong recent performance, PepeCoin looks poised for a potential breakout. Traders and investors should watch for a confirmed breakout above the $5.82 USD resistance level. Keep an eye on trading volume and broader market trends for additional confirmation of this bullish move. Other Considerations: BasedAI, developed by Based Labs, is an innovative project integrating AI and blockchain technologies to enhance data privacy and computational efficiency. It introduces "Brains," which are distributed containers for executing large language model (LLM) tasks, leveraging PepeCoin for their acquisition. Users can acquire these Brain NFTs by burning or staking PepeCoin, which in turn enhances the coin's utility and value. According to the BasedAI whitepaper, 80% of the entire PepeCoin supply will be burnt when all of the brains are minted.
Long
by ckarling
2
PEPE long term Target 🎯Pls #dyor and support follow idea 💡 to get updates 🙂 Red lines accumulation zone 📌 Green 💚 lines 📍 target's 🎯 I am expecting only 20-25x move not 100x to 200x Yes 🙌 i provided in chart 📈 based on if COINBASE:SHIBUSD market cap enter 60B then possibility i am saying but based time interval if any fast response of pump 📌 we are going 100x above But make ur mind 🧠 with minimum target 🙂 In my opinion 10x>>15x>>20x>>25x Later I work on chart 📉 i will update Once check ✅ my old analysis that's my target 😅 it's new idea 💡 for old idea replacement Check in tagged idea 💡 🧵👉
CRYPTO:PEPEUSDLong
by raj5_7_5
4
$PEPE short term trading planFollowing my previous long term trading plan and after we hit all the target, I am publishing a short-term plan. It is clear that trading CRYPTOCAP:PEPE from here will not be a straight line to the moon, so let's prepare to buy and sell when necessary. Bear in mind that: - CRYPTOCAP:PEPE is a new coin, making it difficult to chart due to its limited history. - CRYPTOCAP:BTC can significantly impact this strategy. CRYPTOCAP:PEPE , like other altcoins, is very sensitive to CRYPTOCAP:BTC 's movements. - I am overall very bullish on CRYPTOCAP:PEPE in the long term; it is a solid coin to hold. Here are my concerns: - After a huge pump, there is usually a correction. CRYPTOCAP:BTC is not going to $100k without some hesitation, so many factors could slow down CRYPTOCAP:PEPE 's momentum. - There is a solid resistance area between 1076 and 1176. We can and will likely be rejected from here. - The Stochastic RSI on the daily chart is showing signs of a crossover, which could negatively impact CRYPTOCAP:PEPE for a week. Here are the positives: - The MACD on the weekly and daily charts is open and growing, which will push CRYPTOCAP:PEPE up compared to other coins for the next month or two. - CRYPTOCAP:PEPE might be listed on Coinbase Spot, which would be a major catalyst for a price pump. - CRYPTOCAP:PEPE is gaining widespread attention, and its fans are extremely active. - CRYPTOCAP:PEPE 's trading volume is higher than Ethereum's, attracting a large number of whale traders. I see 2 scenarios. They are labelled 1) and 2) on the chart! This is an opinion, not a financial advice, I might be wrong, so DYOR. Do not use leverage.
Long
by CryptoNikkoid
2
PEPE/USDT potential shift from support? 👀 🚀 PEPE analysis💎 Paradisers, turn your focus to #PEPEUSDT. It's currently displaying promising activity within a support zone, suggesting a potential bullish shift. 💎 Recently, we observed #PEPEUSDT breaking out from a descending channel, signaling the start of a bullish trajectory. It is now retesting what was once the channel's resistance, which has since evolved into a supportive base. Notably, it's positioned above the EMA 200, adding to our optimism that, following a brief interaction with the EMA, it might begin its ascent. 💎 Furthermore, the VRVP indicates significant volume at this level, enhancing the likelihood of continued upward movement. However, caution is advised: if the price fails to maintain its momentum and falls below both the EMA and the support zone, it could be pulled towards a critical demand level. 💎 As always, it's vital to implement wise trading strategies and set appropriate stop-loss measures. Stay vigilant and keep an eye out for further insights and market movements. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
8
PEPE breakout eyeing up to 50% gains!Last week CRYPTOCAP:PEPE broke out of an inverted head and shoulders formation and it seems to be correlated with mania surrounding $GME. We have since retraced much of the move to retest the pattern's neckline and so far it has held. Looking for price to move now to 0.000012-0.000014 in the short term, which would be up to 50% gain! On the shorter timeframe its possible that price is within a descending channel of sorts. Price will start moving up quicker once we have broken that formation.
Long
by HaydenOtto
3
"New ceiling" or "end of wave 5"?Hello everyone, I hope you're doing well. Here are several reasons why this upward wave could be wave 5, as I'll explain for clarity: The most important reason is the completion of the 5th bullish Elliott wave and negative divergence on waves 5 and 3. -------- Considering the deep correction within a chart pattern, the structure of wave 4 indicates it was indeed wave 4, and now PEPE is at the end of wave 5. -------- Another factor contributing to this deep correction is excessive trend chasing. Newcomers often flock to meme coins, expecting wave after wave of upward movement and rapid ATH (All-Time High) achievements with massive profits. Hence, the market corrects these individuals. Another reason is the dominance of PEPE domains, which have reached their primary trend ceiling, and we may likely witness significant correction in Pepe from this point onwards. -------- Please note that if the analysis is correct, the structure of wave A will be very clever in a way that you should expect a temporary correction. Your likes, follows, and comments give me energy 🔥
Short
by Sadegh_Sh
16
🐸PEPE🐸 is Ready to Correct 🚨➖40%🚨✅As I expected in the previous post , PEPE was corrected by more than ➖50% . 🌊According to the theory of Elliott waves , PEPE is completing the main wave 5 , and most likely, wave 5 is a truncation type . 📚 A truncation is the fifth wave in an impulsive pattern that fails to exceed the price extreme of the third wave. It suggests underlying strength or weakness and an impending market reversal.(A truncation often occurs following a particularly strong third wave) 🔔I expect PEPE to drop to at least the Support line after breaking the Uptrend line (➖40%). ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. PEPE Analyze (PEPEUSDT), Daily time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
31