Vitalik Buterin, Ethereum's co-founder, has acquired 508.6 million $PEPE tokens, valued at $10.5K, according to blockchain data. This unexpected move has sparked speculation about its impact on the meme coin's price, with some investors viewing it as a potential endorsement. However, for PEPE to reach $1, significant market demand is required due to its large circulating supply.
Currently trading at $0.00001625, PEPE has declined 5% in 24 hours, facing resistance at $0.00002000 and testing the $0.00001500 support zone. Technical indicators show consolidation, with RSI at 39 signaling bearish momentum. While the MACD suggests caution, a rebound from $0.00001500 could push the price to $0.00002000 or higher. A breakdown below this level, however, might see PEPE dropping toward $0.00001000. #TopContentChallenge
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GateUser-0ea15c24
· 01-21 13:17
Can Pepe come back to life?
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GateUser-a6c535d3
· 01-21 07:48
10500 dollars? What can this do?
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ZejinWealth
· 01-21 06:55
Buckle up and hold on tight, we're going To The Moon 🛫
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慢就快别犹豫
· 01-21 06:46
Brother~
First up 0.00002, then down 0.00001? Instead of first down 0.00001 and then up 0.00002?
Vitalik Buterin, Ethereum's co-founder, has acquired 508.6 million $PEPE tokens, valued at $10.5K, according to blockchain data. This unexpected move has sparked speculation about its impact on the meme coin's price, with some investors viewing it as a potential endorsement. However, for PEPE to reach $1, significant market demand is required due to its large circulating supply.
Currently trading at $0.00001625, PEPE has declined 5% in 24 hours, facing resistance at $0.00002000 and testing the $0.00001500 support zone. Technical indicators show consolidation, with RSI at 39 signaling bearish momentum. While the MACD suggests caution, a rebound from $0.00001500 could push the price to $0.00002000 or higher. A breakdown below this level, however, might see PEPE dropping toward $0.00001000.
#TopContentChallenge