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In the past 24 hours, Pepe’s price has increased by 4% to trade at $0.00000722, and its trading volume has surged by 47% to $762 million.
That’s because Coinbase said it will list PEPE perpetual futures on Coinbase International, the exchange’s institutional-facing offshore arm, and Coinbase Advanced, according to a post from the company.
Trading will begin on or after 9:30 am UTC on April 18, 2024.
PEPE rose 10% almost immediately after the announcement.
@CoinbaseIntExch will add support for Pepe perpetual futures on Coinbase International Exchange and Coinbase Advanced. Our 1000PEPE-PERP market will open on or after April 18, 2024 at 9:30am UTC.
PEPE prices will continue to maintain a bullish trend
PEPEUSD chart analysis source: Tradingview.com
Since November, PEPE price has been in a consolidation phase, trading in the range of $0.0000020, which is a price swing during the bear market. March marked a significant increase in price, reaching a new all-time high of $0.00001064.
Since then, Pepe has been in a downtrend, forming a bullish triangle-like formation where the bulls found support at $0.000005.
PEPE is also trading above the 50-day simple moving average (SMA), indicating that the price could rise further. If the bulls push the price above the upper boundary of the bullish triangle, PEPE could break the resistance of the 200-day simple moving average.
Moreover, the relative strength index (RSI) is balanced at the 50 level. This suggests that the price is ready to break out. If the price trend surpasses the upper boundary of the bullish triangle, it may push the RSI above the 70 overbought zone, which is a signal of strong buying.
Pepe Price Prediction
Pepe price analysis on the 4-hour chart shows that PEPE is in a bull trend, with the price trading within the confines of a bullish triangle pattern. As the bulls initiate a rally, the price could rise to new all-time highs of $0.000013.
However, if the bears take control of the price, PEPE might retrace to the support area around $0.00000583.
Meanwhile, as PEPE prices rise, investors are also buying DOGEVERSE, a new multi-chain token that will be strategically launched ahead of International Dogecoin Day on April 20.
DOGEVERSE pre-sale exceeds 3 million USD
Other major memecoins, including SHIB, FLOKI, BONK, and WIF, are primarily limited to their own chains.
But DOGEVERSE is different.
It is built on a multi-chain network consisting of six chains:
Ethereum, BNB Smart Chain, Polygon, Avalanche, Solana, and Base.
The project’s mascot is Cosmo the Doge, a dog born from a collapsing supernova. This allows the dog to super-hop between the stars of the crypto universe, driving its multi-chain utility.
Advocate for inclusive accessibility!
$DOGEVERSE opens its doors to a wide audience, from
# Ethereum
Enthusiasts who prefer fast, cost-effective
#Solana
or
#Polygon
people and foster a diverse and inclusive community.
pic.twitter.com/sXPOvaoz67
— DogeVerse (@The_DogeVerse)
April 12, 2024
The platform also offers a staking option where $DOGEVERSE token can be staked to earn an annualized yield of 358%.
YouTube channel Cilinix Crypto said there was “a lot of momentum behind this presale,” with the host also saying he would personally buy “quite a bit of DogeVerse.”
If you are interested, you can participate in the presale by purchasing $DOGEVERSE token on the official website via Ethereum, USDT or bank card.
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