Crypto Blog
Tokens like Pepe , dogwifhat , and Dogeverse are pumping hard, showing that the demand in this quirky corner of crypto remains very much alive.PEPE is leading today’s meme coin charge, with the token’s price surging 11% in the past 24 hours.
This bearish technical formation suggests that sellers may simply view any pumps as an opportunity to load up on short positions until a more decisive breakout occurs.dogwifhat is another meme coin benefiting from the bullishness today.Today’s pump from WIF has erased all of Thursday’s losses, putting it on track for back-to-back green daily candles.From a charting perspective, WIF has formed a double-bottom support around $2.30 before using it as a launchpad higher.
Interestingly, there doesn’t seem to be a single obvious catalyst behind dogwifhat’s pump in the past 24 hours. As such, investors appear to be piling into top joke tokens like PEPE and WIF ahead of the big event.This multi-chain meme project has already raised $7.3 million from investors.
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