CDS Crypto News Will PEPE Crypto Rise? The Impact of Meme Coin BONK’s 30% Rise on PEPE
Crypto News

Will PEPE Crypto Rise? The Impact of Meme Coin BONK’s 30% Rise on PEPE

How BONK's 30% rise will affect PEPE crypto?

33
Will PEPE Crypto Rise? The Impact of Meme Coin BONK's 30% Rise on PEPE

Crypto News – Recently, BONK, one of the newest meme currencies available in the market, saw remarkable price activity, rising to a peak within the month. It is unclear if other well-known meme coins, like PEPE, would follow suit in light of this spike.

Will PEPE Crypto Rise? The Impact of Meme Coin BONK’s 30% Rise on PEPE

In the last three days, the value of the Solana-based meme coin BONK has increased by almost 30%, piqueing the interest of cryptocurrency investors. Following BONK’s breakout from a descending triangle on February 9, which saw its market value rise from $0.0000103473 to a noteworthy high of $0.0000141310, there has been strong bullish price movement. This momentum raises the possibility that BONK hasn’t peaked yet. Technical predictions do, in fact, point to a possible climb of another 23.50% to $0.0000174432.

PEPE is Currently Exhibiting a Head-and-Shoulders Pattern

Nevertheless, although being less well-known than its rivals, PEPE crypto should not be ignored. At this moment, the coin appears to be growing the right shoulder of the head and shoulders pattern. This means that investors ought to have a bullish attitude. If PEPE rises to the formation’s neckline, which is $0.00000159878, it might witness a surprising 57% surge. A breach beyond this barrier could potentially trigger a 63% surge, resulting in PEPE reaching its highest point of $0.00000260585.

Will PEPE Crypto Rise? The Impact of Meme Coin BONK's 30% Rise on PEPE
Written by
lectertodd

Lectertodd is 25 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

Leave a comment

Leave a Reply

Related Articles

Flare Crypto Airdrop: Beginner’s Handbook to Claiming Yours, Step-by-Step

Beginners can easily claim the Flare $FLR Airdrop by following a simple...

4.3 Billion Binance Plea Deal Confirmed by a Prosecutor

4.3 billion Binance plea deal was recently approved.

Trump and Crypto: Former President’s Perspective on Crypto Has Changed in 2024

The bad relationship between Trump and crypto seems to be improving.