Pepe Coin, a popular meme-based cryptocurrency, recently experienced a major drop in value due to a theft of $15 million by rogue developers. This led to the emergence of Pepe Community, which has seen a notable surge in the past week.Investors are closely monitoring the new Pepe-related token’s impressive price rally, hoping for a potential recovery after the setback with Pepe Coin. The new Pepe Community token was listed on Binance in May and made its debut on Uniswap in August.The Pepe Community token operates without centralized ownership and its liquidity pair has been intentionally removed to protect the community from potential harm. This token represents a community-driven initiative focused on memetic warfare against normies while upholding the principles of financial freedom integral to DeFi.Pepe Community has experienced a remarkable ascent since its inception. Launching at a price of $0.0032, the token reached an all-time high of $0.0451 on August 28th, marking an astounding price surge of over 1000%. This impressive price increase occurred amid a correction of nearly 40% in the past month for Pepe Coin.The token faced a minor setback, dropping to $0.019, but demonstrated resilience by rebounding and surpassing the previous resistance at $0.03. On the day following August 29th, the token nearly reached $0.04 but encountered substantial resistance, compelling it to retreat after reaching $0.0369.As the day concluded, $PEPE experienced a final surge, breaking through all previous resistance levels and reaching $0.045, only to lose momentum and witness a sharp price decline to $0.0156. Earlier that day, it had reached this level but swiftly rebounded to nearly $0.03. However, it encountered resistance once more, pushing it down to approximately $0.02. The token underwent another drop before establishing a new support level at $0.025. Pepe Community has seen an impressive price rally, with the token reaching an all-time high of $0.0451 on August 28th. Despite a minor setback, the token has demonstrated resilience and has broken through all previous resistance levels. Investors are closely monitoring the token’s performance, hoping for a potential recovery after the setback with Pepe Coin.
This News Article was automatically generated by Bob the Bot (AI)
This News Article was automatically generated by Bob the Bot (AI)
| Information | Details |
|---|---|
| Geography | Global |
| Countries | |
| Sentiment | positive |
| Relevance Score | 8 |
| People | 0xGuard., Crypto Zeus, Michael Wrubel, Jacob Crypto |
| Companies | 0xGuard, Sonic the Hedgehog, GoPlus, Hapi, Ethera X, Jacob Crypto Bury, Telegram, Bybit, X (Twitter), Sonik Coin, CoinMarketCap, Pepe Community, TokenSniffer, DEXTools, Crypto Zeus, Michael Wrubel |
| Currencies | Ethereum, Pepe, Bitcoin, SHIBONK |
| Securities | None |
