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Pepe price jumps 40% amid memecoin rally driven by Bitcoin surge

  • Price broke resistance at $0.000009 amid 150% volume spike.
  • Whale accumulation triggered breakout to $0.000011 zone.
  • Target levels include $0.00001712, $0.00002118 and potentially $0.00006.

The memecoin market is back in focus after Pepe recorded a dramatic 40% surge in the past 24 hours, outperforming Dogecoin, Shiba Inu, and other top tokens.

The broader altcoin rally followed Bitcoin’s break past the $100,000 level and Ethereum crossing $2,200.

As a result, memecoins are now leading gains across decentralised finance, with some tokens recording double-digit increases in a matter of hours as renewed investor confidence returns.

Pepe, one of the more volatile assets in the segment, has just broken through a critical resistance at $0.000009 amid rising whale accumulation and a 150% jump in trading volumes.

Technical indicators suggest this breakout could lead to a major price discovery phase and potentially a new all-time high for the token.

Whale demand and volume boost fuel breakout

Trading volume for Pepe skyrocketed as larger investors, often called ‘whales’, began accumulating substantial amounts of the token.

The breakout above $0.000009 was seen as a major technical milestone, having acted as a stubborn resistance in the past.

The price move was accompanied by a 150% increase in volume, pointing to strong market interest.

Whale wallets reportedly bought millions of dollars’ worth of Pepe, which helped drive momentum past key price levels.

At the time of writing, Pepe is trading at $0.00001334, having surpassed the $0.000011 range that previously marked the token’s April high.

Source: CoinMarketCap

Technicals point to next leg of bull run

Pepe’s price chart shows a double-bottom reversal formation, with the neckline recently breached. Weekly technical indicators support a bullish continuation.

The Relative Strength Index (RSI) is showing a breakout into overbought territory, while the MACD has flipped bullish with a crossover above the signal line.

The token is currently testing its 200-day moving average on the weekly timeframe.

If it maintains support above this level, analysts suggest a move towards $0.00001712 is possible, followed by a run to $0.00002118.

Beyond that, the chart suggests Pepe could test the resistance channel top at around $0.00006, which would mark a new all-time high and potentially attract fresh speculative capital.

Memecoin sector gains accelerate

The broader memecoin market has seen significant gains in the past day.

BOOK OF MEME jumped 30%, while Fartcoin, Mog Coin, FLOKI, and ApeCoin posted increases between 18% and 20%.

Several others, including popular tokens in the top 100 by market cap, registered 15% gains or more.

The rally is widely viewed as being fuelled by Bitcoin’s strength, which has historically served as a catalyst for speculative altcoins.

Ethereum’s move above $2,200 has also restored confidence in riskier crypto assets, especially tokens with strong community backing like Pepe and others that have experienced prior bull cycles.

Unlike some of the smaller tokens, Pepe has managed to break key resistance with strong on-chain activity.

The bullish divergence across technical indicators hints at sustained buying interest, particularly as the meme sector enters what some traders call a “parabolic” phase with high volatility.

The post Pepe price jumps 40% amid memecoin rally driven by Bitcoin surge appeared first on CoinJournal.

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XRP rallies as Bitcoin breaks out and Fed pauses; Bitcoin Pepe targets 300% surge

  • XRP price is rising following Bitcoin’s breakout past $100K, with the SEC settlement boosting the outlook.
  • Bitcoin Pepe combines Bitcoin’s security with Solana’s speed for meme trading.
  • Bitcoin Pepe’s presale offers up to 300% gains for early participants.

The cryptocurrency market is buzzing with excitement due to Bitcoin’s recent breakout above $100,000 and the Federal Reserve’s decision to pause interest rate hikes, which has paved the way for altcoins like XRP to see significant price jumps.

At the same time, a new project, Bitcoin Pepe, is capturing attention with its potential for up to 300% gains as it nears its launch.

XRP price soars as Bitcoin breaks out above 100,000

XRP, the native token of the Ripple network, has seen its price soar by over 6% in just the past 24 hours.

This rally is fueled by Bitcoin’s climb past the $100,000 mark, lifting the broader altcoin market as the Federal Reserve’s pause on interest rate hikes also boosts investor confidence in risk assets like cryptocurrencies.

Another major catalyst for XRP is the news of a potential settlement in the SEC’s lawsuit against Ripple Labs.

The SEC’s proposed $50 million settlement is a fraction of the original $2 billion demand, signalling a positive turn for XRP.

These developments have played a vital role in pushing XRP’s price past a critical resistance level at $2.26.

The trading volume has also spiked, reflecting strong buying interest and market support for the current upward trend.

With the SEC case nearing resolution and a bullish crypto market, XRP’s outlook is increasingly optimistic.

Crypto analyst Ali Martinez predicts that a close above this level could send XRP toward $2.6.

Bitcoin pepe eyes 300% gains as Presale gains momentum

As XRP positions itself for what could be a major Bull Run, Bitcoin Pepe, a new layer 2 solution on the Bitcoin network, is generating hype with its bold vision.

Bitcoin Pepe aims to merge Solana’s speed and low fees with Bitcoin’s unmatched security and permanence.

This fusion could transform meme coin trading and draw huge interest to the Bitcoin ecosystem.

Bitcoin Pepe introduces a new token standard referred to as the PEP-20 token standard, which aims to allow anyone to create assets natively on Bitcoin, sparking potential for a meme coin boom.

Bitcoin Pepe is currently in its presale phase, and it has already raised over $7.7 million, showing strong investor enthusiasm.

Structured in 30 stages, each presale stage increases the token price by 5%, rewarding early buyers.

Those who bought in at $0.021 in the first stage could see over 300% gains by the time of launch, which is anticipated to happen in Q2 2025.

While the price has climbed by 47.61% to the current price of $0.031, investors can still capitalise on the rising presale prices in the remaining presale stages.

Post-presale, Bitcoin Pepe is poised to become the go-to platform for Bitcoin-based meme trading, which could propel the price of the BPEP token even higher.

Also, once the Bitcoin Pepe platform officially launches, it will feature a staking program with staking pools offering token holders passive income of up to 10,000% APY.

With Bitcoin’s breakout and the Fed’s stance fueling altcoin interest, Bitcoin Pepe is poised for big potential gains post-listing, offering a fresh, high-growth opportunity in the evolving crypto landscape.

The post XRP rallies as Bitcoin breaks out and Fed pauses; Bitcoin Pepe targets 300% surge appeared first on CoinJournal.