🔥The July market is getting interesting! #PEPE is starting to gain momentum, with a 72-hour surge of 11%, steadily making 'small steps quickly'! And what about #Bonk ? It faced resistance at the key point of $0.000023, with a slight price drop of 8%. Many people made quick money, totaling $11.7 million, truly a 'cash-out party'! 💸
The popularity of PEPE is also on the rise: in the past month, nearly 10,000 new users have joined, and the number of holding addresses has hit a record high of 11.42 million! The PEPE/BTC trading pair has also shown a 'bullish reversal', with $0.000010 becoming a key support level. This signal indicates that — PEPE hasn't given up, it's just yet to show its true abilities!
The current market environment is also quite strong:
✅ Bitcoin has entered the 'price discovery phase', with more exciting fluctuations.
✅ Traders prefer high-risk, high-reward meme coins.
✅ Funds are starting to shift from BONK to the more promising PEPE.
If this round of 'high beta rotation' holds, PEPE is likely to become the next star player!
BONK is currently a bit 'dormant', while PEPE is the dark horse catching up!
However, a friendly reminder: meme coins are inherently 'emotional babies', they rise on FOMO and fall quickly as well. If the key points aren’t stable, don’t go all in recklessly!
Summary:
Is PEPE ready for the next wave of memecoin hype?
BONK is temporarily 'topped out', funds are adjusting.
PEPE's on-chain data + technicals + market sentiment are all heating up.
With Bitcoin stabilizing, the second wave of meme coin recovery is on its way!
PEPE is standing on the 'edge of an explosion'. In the next big fund transfer, can it become the winner? Let's wait and see! 👀