Bitcoin Slumbers as ETF Hopes Simmer; PEPE Leads Altcoin Gains
Meme coin and low-caps remain favorite plays among traders as bitcoin investors look to a swift ETF judgment.
PEPE
Pepecoin Knockoffs Turn Dollars to Fortunes in Strange New ‘2.0’ Play
Offshoots of several meme coins have popped across the board in a trend that’s likely to die out within weeks.
Research Shows Majority of Pepe Investors Caught in High-Stakes Game of Musical Chairs
The majority of investors did not stand to gain from Pepecoin’s herculean rise, indicating a limited window for potential gains.
Absence of Retail Investors Could Stand in the Way of Pepecoin’s Rise to Top Meme Coin: Santiment
A Santiment report said that pepecoin (PEPE) could face challenges amid a generally bleak trading environment.
Bitcoin Loses 10% on the Week as Memecoins Tumble
Among the memecoins sliding was PEPE, which lost over 60% over the last 7 days.
First Mover Americas: Bitcoin Falls to 2-Month Low
The latest price moves in bitcoin (BTC) and crypto markets in context for May 12, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Developers Deploy Uniswap Contracts on Bitcoin as BRC20-Based SHIB, PEPE Gain Popularity
Tokens issued on Bitcoin ran to a cumulative market capitalization of as much as $1.5 billion earlier this week before sharply correcting.
Coinbase Newsletter Flags Rise of Pepecoin and BRC-20 Tokens, Irks Crypto Twitter
A Coinbase newsletter said meme coins allow investors to make big profits in a short period of time but warned of long-term investing in these tokens.
First Mover Americas: PEPE Peaks After Binance Listing
The latest price moves in bitcoin (BTC) and crypto markets in context for May 4, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Pepecoin’s Bewildering Rise Turned a Pittance Into an Almost 5,000,000% Meme Coin Profit
A pseudonymous crypto trader bought trillions of the meme coin three weeks ago on UniSwap for $263, and still holds about $9 million of PEPE after selling several million dollars worth, according to data from blockchain platform Arkham.