$DOGE VS $PEPE Current market conditions show PEPE's volatility breakout
The current Doge price is about $0.098, while PEPE fluctuates around $0.0000039. Although both are meme coins, their recent trends have diverged significantly. Doge has dropped 31.57% in the past 30 days, with a slight decline of 1.52% in the last 24 hours, continuing its weak fluctuations without a clear direction. In contrast, PEPE's trajectory is more dramatic and has become a market focus.
PEPE is currently nearing its annual low, having plummeted 37.56% in the past 30 days, with a 23.59% drop over the last 14 days and a 2.8% decrease in the last 24 hours. However, it has maintained a high level of activity during this deep correction—24-hour trading volume stands at 2.806 billion, with a turnover rate of 25.26%, far exceeding Doge's turnover rate of 8.91%. On the technical front, PEPE is testing a key support level, with the MACD indicator showing a golden cross signal and short-term momentum strengthening. Although it experienced a significant drop of 17.11% recently due to market pullback, it has not broken through the core support range, demonstrating certain resilience.
It is worth noting that while PEPE is under short-term pressure, analysts point out that if it holds the current support level, it may open up a recovery trend, with a potential upside of up to 600%. In contrast, Doge's performance is lackluster, lacking catalytic factors, and its volatility is far less than that of PEPE. For risk-tolerant investors, PEPE's high volatility and clear support level make it more valuable for trading within the meme coin sector.
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