The post PEPE Resurgence on the Horizon? Crypto Whales Bet Big on this New Presale, SHIB’s Deflationary Woes  appeared on BitcoinEthereumNews.com.

Meme coins are marking the end of their glory run by recording massive monthly losses, but low-cap altcoins like Rollblock (RBLK) are just getting started. After a massive 140% rally in presale, analysts are now tipping at Rollblock’s 100x growth potential by the end of Q4.  Pepe’s (PEPE) Dip Isn’t Triggering a Sell-Off Pepe has spent the last 30 days trading in the red as the meme coin recorded nearly 34% losses. After another 2.91% intra-day plunge, Pepe’s current trading price is down to $0.000007756. Despite this dip, traders appear to be holding their Pepe tokens for now, as trading volume is down by 14.22%.  The reason behind this strong community sentiment is Pepe’s RSI which is showing resilience between the neutral 40-50 zone. If Pepe can break above its 50-day EMA at $0.000009048 on the PEPE/USD daily chart, the meme coin may experience buying pressure that could trigger a bullish reversal in Q4.  Is Shiba Inu (SHIB) Becoming Obsolete? Shiba Inu is quickly losing ground as it has been kicked out of the Top 10 cryptos list with a market cap of $8.28 billion. Shiba Inu’s current price of $0.00001406 is nearly 84% down from its all-time high, and investors are beginning to lose interest as suggested by the 4.46% drop in Shiba Inu’s 24-hour trading volume.  Shiba Inu’s daily and 4-hour charts signal bearish dominance as Shiba Inu trades below its exponential moving averages. Given the sell signals on Shiba Inu’s Momentum Indicator and Bull Bear Power indicator, Shiba Inu’s price may crash to the $0.00001336 support soon.  Rollblock’s ($RBLK) Explosive Presale Leads Altseason Even if meme coins make an unexpected resurgence, savvy traders are already preparing for the upcoming altseason by adding Rollblock’s low-cap crypto to their portfolios. This new play-to-earn GambleFi cryptocurrency is taking the market…

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Filed under: News - @ September 1, 2024 8:05 pm