PEPE is among the top 50 crypto assets whose trading volumes surged by an impressive 35%. Other coins, such as MAGA, MOG, PONKE, PEPE2.0, SPX, and ANALOS, are also poised for significant volatility opportunities that investors might watch. Fueled by the GameStop stock surge, speculative assets like meme coins had a notable opening to the week, with breakouts and decouplings occurring widely in the last 24 hours.
Memecoins had an eyebrow-raising start to the week, with breakouts and decouplings all over the place the past 24 hours. Among the top 50 assets in this sector, trading volumes exceeded a +34% rise. Among the top 50 assets in this sector, trading volumes exceeded a +34% rise. PEPE, MAGA, MOG, BITCOIN, PONKE, PEPE2.0, SPX, and ANALOS are all coins to have on your radar with major volatility opportunities.
GameStop stock [GME] rallied by a whopping 110% after “Roaring Kitty,” who famously sparked the meme stock frenzy during the pandemic, emerged online after three years. Keith Gill, a.k.a “Roaring Kitty,” gained immense popularity on the WallStreetBets subreddit and YouTube for his bullish stance on GameStop. After his tweet, GME surged past $30 per share on Monday, ending the day with a 75% increase. The stock had been steadily climbing, with a rise of approximately 60% in the previous two weeks.
PEPE Eyes Potential Gain Of 66%
Meanwhile, PEPE’s price is primed for further upside potential following a recent confirmation of hidden bullish divergence. According to market analysts, the meme coin could be eyeing a significant move towards the $0.0000162 mark, indicating a potential gain of around 66%. This surge comes amidst a broader market rally, driven by positive sentiment and increased investor interest in digital assets.
Traders and analysts are closely monitoring PEPE’s price action as it continues to outperform expectations. The recent bullish divergence confirmation has added to the optimism surrounding PEPE, with many traders positioning themselves for a potential rally towards the target price. However, given the volatile nature of cryptocurrencies, investors are advised to exercise caution and conduct thorough research before making any investment decisions.