Pepecoin team burns 6.9 trillion tokens, PEPE rises by 20%

The Pepecoin project team reported burning 6.9 trillion tokens worth about $6 million. According to a statement at X (form.Twitter), the team explores the possibility of using the remaining 3.79 trillion PEPE for strategic partnerships and new marketing campaigns.

Timeline of Pepe

Pepe Coin Price Prediction: The PEPE price has been in a bearish climate since the beginning of October. Within the last three weeks, the coin price tumbled from a high of $0.00000085 to its current trading price of $0.00000064, registering a loss of 29%.

The recovery witnessed in Pepe price towards the September end encountered a significant obstacle from the dual resistance level of $0.00000083 and the upper trendline of an established channel pattern. With the leading cryptocurrency Bitcoin experiencing a pullback from the $28,500 level, the Pepe coin too saw a decline, plummeting by 14% to a local

Pepe Coin (CRYPTO: PEPE) has stolen the limelight in the world of meme coins, showcasing impressive performance compared to its counterparts, including Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). What Happened: Over the past 24 hours and even in the seven-day charts, PEPE has outperformed gains clocked by other popular meme coins.

The world of cryptocurrencies is nothing short of a rollercoaster ride, with prices surging and dipping at a rapid pace. In this article, we'll delve into the latest developments in the cryptocurrency market, with a specific focus on the PEPE coin price prediction and the groundbreaking Shiba Memu presale.

Pepe ($PEPE) has lost the hype it had months ago, which saw its price increase by a massive 9000%. The meme token attracted investors as its value skyrocketed to $0.00000431. Nonetheless, the tables have turned for the once-lucrative crypto. Pepe has lost around 24% over the last 30 days.

The frog-themed memecoin, Pepe coin, has managed to remain relatively stable despite the market correction in market leaders Bitcoin and Ethereum. Over the past week, it has been trading within a tight range, bounded by $0.00000071 and $0.0000006.

After weeks of trading as an underdog, the frog-themed meme coin Pepe Coin (PEPE) is now arguably on steroids with a 15% surge today taking its price to $0.0000006933, per data from CoinMarketCap. The sudden reversal in its price action has further helped push the price of the token up when the trailing seven-day period is factored in.

With the majority of altcoins in the broader digital currency ecosystem finding new paths to revival, frog-themed meme coin Pepe Coin (PEPE) has been on a mild but steady free fall. At the time of writing, each PEPE token's price is worth $0.0000006621 atop a 3.57% slump in the past 24 hours.

During the second week of September, the crypto market saw a notable sell-off. The Pepe coin wasn't spared, breaking below the psychological support of $0.0000007 with considerable volume.

Pepe Coin has been on a wild ride in early September, characterized by significant price volatility and a troubling dip in its performance. The price action of PEPE early this month followed a bearish pennant pattern, marked by two converging trendlines.