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Ray Thesing apU1
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📈 Market Snapshot (as of May 7, 2025) Current Price: Approximately $0.00000817 USD 24-Hour Trading Volume: Over $558 million Market Cap: Ranked #36 on CoinGecko Circulating Supply: 420 trillion PEPE tokens Despite a 70% drop from its December 2024 peak of $0.00002825, PEPE has shown resilience with a recent 6% uptick in daily trading volume, indicating renewed market interest. --- 🐋 Whale Activity & Market Sentiment Recent data reveals that large holders, or "whales," have accumulated over 1.1 trillion PEPE tokens in early May, increasing their holdings from 147.34 trillion to 148.46 trillion. This accumulation suggests a bullish outlook among major investors. Additionally, the MVRV-Z score has dropped to -0.638, a level historically associated with significant price rebounds, indicating that PEPE may be undervalued and poised for a potential rally. --- 📊 Technical Analysis & Price Predictions Bullish Indicators: PEPE has formed a double-bottom pattern, a bullish technical signal. A breakout above the neckline at $0.00000921 could propel the price toward $0.00001465. Bearish Risks: Conversely, if PEPE fails to maintain support levels, analysts warn of a #potential decline to as low as $0.0000009618, marking a 90% drop from current prices. #pepe #BearishAlert
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Bitcoin (BTC) Update – What’s Happening Now? Bitcoin continues to show strength as it trades above key support levels, currently hovering around $[insert current price]. Market sentiment is cautiously optimistic, with traders eyeing potential breakouts following recent consolidation. Key Highlights: BTC ETF inflows remain strong, boosting institutional interest. Network fundamentals solid: Hashrate and active addresses are climbing. Halving aftermath: Market adjusting post-Bitcoin halving with potential supply shock implications. Analysts suggest a breakout could occur if BTC holds above the $[key level] mark, potentially retesting the recent highs. Stay tuned, trade smart, and watch those resistance levels closely! #bitcoin #BTC #CryptoNewss
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#ShareYourTrades $PEPE now
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$SOL While SOL faces resistance around the $145–$153 range, the recent bug fix and strategic acquisitions could bolster investor confidence. However, the potential double-top pattern warrants caution. Traders should monitor these developments closely to assess SOL's next moves.
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