PEPE Coin Price Soars 10% Daily as BTC Bulls Fight for $30K (Market Watch)

23 June 2023

in ApeCoin

Reading Time: 3 mins read

The cryptocurrency market is seemingly slowing down after days of continuous increases, and most of the coins are charting slight declines.

Nevertheless, the market sentiment remains positive, with some altcoins keeping up their stellar performance.

Bitcoin Bulls Fight for $30K

It seems that $30K is an important level for Bitcoin bulls, not only from a technical standpoint but also from a psychological one. That’s why the battle for it is fierce.

At the time of this writing, BTC is trading right at the level, down 0.3% in the past 24 hours but up 17.4% on the weekly.

Source: TradingView

As seen in the chart above, the price has been consolidating following a major move, and it’s interesting to see where this calmness will take it next.

In the meantime, Bitcoin’s dominance continues increasing, and it’s at 48% compared to 47.7% yesterday. This is the metric that tracks Bitcoin’s share relative to that of the rest of the market, and it’s on its way up, signaling that BTC is performing better than altcoins.

How to Claim ApeCoin Airdrop: Quick Guide and Tips

29 July 2024

Maximize Your Free ApeCoin: How to Claim Airdrops

27 July 2024

PEPE Coin Continues to Impress

The market is mostly covered in the red today, with the majority of altcoins charting slight gains. This is perhaps expected following the major rally from the past few days.

[crypto-donation-box]

Source: Quantify Crypto

It’s worth noting that some altcoins are a clear exception to the choppy PA of today. PEPE is up 10% in the past 24 hours, bringing its total gains to a whopping 70% for the week. This also makes it the best performer for the day and for the week.

KASPA is a close second for the day with a 9% increase, followed by Bitcoin SV (BSV) with 8.9%.

On the other end of the spectrum, there are Stacks (STX), which is down 8.2% and performed the worst for the past 24 hours, followed by FLOW (down 7.3%), and ApeCoin (APE) – down 6.4%.

All in all, it’s interesting to see how the market will turn during the slower incoming weekend volume.

SPECIAL OFFER (Sponsored)
Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).

PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO50 code to receive up to $7,000 on your deposits.

Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.

Source link