Pepe price fell by 14% and was trading at $0.00000898 at 04:34 EST. Bitcoin (BTC) price fell by nearly 8% as the market continued to dump. Pokecoins suffered double-digit losses on the daily chart, including industry giants like Dogecoin (DOGE) and Shiba Inucoin (SHIB), which fell by 12%. Floki, which was once the best performing coin in the industry, is now the biggest loser, falling by 17%.
This happened after the abrupt end of the spoof coin season as whales moved their holdings to exchanges, which was interpreted as an intention to sell.
PeckShield also reported that TRON’s founder, Justin Sun, also moved 7 billion FLOKI tokens worth $1.92 million to the Poloniex exchange.
This crash is typical of penny coins and is reminiscent of what analyst @Coinmamba said on X. The user likened investing in penny coins to a modern-day Ponzi scheme, noting that “it only works if there are no bigger fools willing to buy into it.”
Pepe Price Outlook
As the market range measures from $0.00000082 to $0.00001084, Pepe price is sitting on support, which is the Fibonacci retracement level of 78.6%. Buyer momentum remains strong, with the Relative Strength Index (RSI) resisting further declines. Notably, it has fallen below the 70 threshold, showing that PEPE is ready to sell.
The histogram of the Awesome Oscillator (AO) indicator has also started flashing red after a continuous green sequence. Moreover, the volume indicator is shrinking with red shades dominating. This suggests that the dominant bullish trend is losing strength.
If the 78.6% Fibonacci level does not hold steady with support at $0.00000869, Pepe prices could fall further towards the most critical 61.8% Fibonacci level at $0.00000701. In extreme cases, a load adjustment could cause the frog-themed parody coin to fall below the 50% Fibonacci placeholder at 0.00000583.
On the other hand, if the bulls recover the market, Pepe price could rise and recapture the peak of $0.00001084. In an extremely bullish scenario, such a rise could take Pepe price to the psychological level of 0.00001200, which is 35% upside from the current level.
However, even if Pepe price falls in line with the wider joke coin dump, Sponge V2 is a joke coin with a 100x return record that is expected to explode even more when it is listed on higher-tier exchanges in the near future. YouTuber Jacob Bury ranked it as one of the top five joke coins currently.
Sponge V2 is a parody coin with the potential for exponential growth. The project announced the termination of its predecessor Sponge V1 last month. After suffering a malicious attack, the project migrated to the Polygon network.
The project is making a strong comeback thanks to the exciting launch of its sequel, which brought a new and special staking model, a play-to-earn (P2E) game, and a large marketing budget.
Sponge V2 is already scheduled to be listed on multiple exchanges, and token holders can enjoy an annualized rate of return of up to 193%, with more than 8.356 billion tokens already staked. This is the key reason why analysts rank it as one of the top five cryptocurrencies currently.
Sponge coins with good staking programs are in high demand. Buy and stake Sponge V2 to generate amazing returns for your crypto portfolio.
To increase community engagement, Sponge V2 has also launched a new P2E racing game where players can compete against each other for a chance to win $SPONGEV2 token as a reward.
To participate in the pre-sale of $SPONGEV2, please visit its official website.
Also read:
How to Buy Sponge V2 in Presale - Alexander De Crypto Video Review
100x spoof coin Sponge is preparing to launch the second round of upgraded version V2- $SPONGEV2 is the best cryptocurrency now?
Can Sponge V2 experience a 100x surge like Sponge V1 did when it launched in 2024? Conor Kenny Pre-sale Review
$SPONGE cryptocurrency price surge sparks speculation of 100x potential for SPONGE V2 parody coin
New Cryptocurrency Mining Platform - Bitcoin Minetrix
Rating
Coinsult Audit
Decentralized, secure cloud mining
Earn free Bitcoin every day
Native token presale in progress - BTCMTX
Staking Rewards - Annualized rate of return exceeding 50%
learn more
Join our Telegram channel to stay up to date with the latest news coverage.

Pepe Price Prediction: Experts say that considering this 2.0 meme coin, Pepe plummets 14%, or can get 100 times the profit.
-