Dogecoin, XRP prices on edge as pro traders flock to PepeX
- Crypto majors and top meme coins remain under pressure despite the improved market sentiment.
- Savvy investors are flocking to fresh projects seeking to revolutionize the meme crypto space.
- PepeX is focused on developing a meme launchpad that exudes fairness, transparency, and accessibility.
The meme crypto space has evolved significantly in recent months. More projects are moving away from the initial concept of meme coins starting out as a mere joke, to identify and solve certain problems in the sector.
PepeX is one of the new-age meme tokens that’s attracting an overwhelming number of savvy investors. Its mission is to promote fairness, transparency, and accessibility of meme launchpads.
Dogecoin price set for its third weekly gains despite the risk-off mood
The crypto market sentiment has improved from last week’s fear level of 31 to a neutral of 44 on Friday’s session. Even so, a risk-off mood persists as traders remain on edge over Trump’s trade policy and its impact on the economy.
Subsequently, dogecoin price lacks enough bullish momentum to stage a steady recovery. Even so, it is set to record its third consecutive week trading in green.
In the immediate term, the range between the support zone of $0.1645 and the resistance level of $0.1975 will be worth watching. As economic uncertainties persist, a rebound past that range will likely curb the gains along the 50-day EMA at $0.2127. However, this thesis will be invalidated by a pullback past the range’s lower border.
PepeX underway in revolutionizing meme coin space while rewarding its early adopters
As one of the new entrants revolutionizing the meme coin space, PepeX is keen on enhancing transparency, fairness, and accessibility of its AI-driven meme launchpad. This is to solve issues related to insider manipulation and inexperience in creating a meme coin.
As the world’s first AI-powered meme launchpad, PepeX is keen on ensuring that anyone can launch a meme coin while placing control in the hands of the community rather than the creators. This means that should the developers of a meme coin mess up, their token holdings already capped at 5% of the total supply goes back to the community.
In addition to the embedded tools for the democratization of token creation and distribution, PepeX’s attractiveness is also due to the benefits accorded to its early adopters. Ahead of its launch in Q3, its 30-stage presale set to last for 90 days will have investors enjoy 311% in cumulative gains.
What started at a token price of $0.02 is expected to reach $0.0823 on 22nd June; a 5% price increase at each stage. With these benefits and potential, it has already raised over $904,000 in less than a week. Stage 2 is about 48 hours away from completion, hinting that this is an opportune time for meme lovers to jump onto this profitable bandwagon. Find out how to buy PepeX here.
Bollinger bands point to further selling pressure on Ripple price
Bitcoin, the leading cryptocurrency, has held steady above the support zone of $85,555 as the risk sentiment improves. However, some altcoins including Ripple have recorded a pullback as the selling pressure persists. On Friday’s session, XRP dropped to a level last hit on 18th March.
Based on the Bollinger bands, Ripple price will likely remain below the crucial zone of $2.5000 in the short term. More specifically, the bears are eyeing to retest the lower Bollinger band at $2.1000. On the upside, the bulls’ efforts may have it hovering around the middle band while facing resistance at $2.4188.
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