Bitcoin and Cardano prices waver as this viral altcoin surges
The post Bitcoin and Cardano prices waver as this viral altcoin surges appeared on BitcoinEthereumNews.com.
A risk-off mood has seen the crypto market’s market cap drop by 3.8% over the past 24 hours. While most majors and altcoins strive to find their footing, the selling pressure has yielded double-digit losses in recent months. Even so, investors are on the lookout for fresh projects that bring the true essence of cryptocurrencies while solving existing challenges. It is this thirst that has PepeX capturing the attention of investors; raising over $1.3 million in just two months. Its mission is to use AI to make fair launches fair again, and meme enthusiasts understand the robust potential that lies in it. Cardano’s symmetrical triangle pattern points to range-bound trading in the short-term Cardano price Cardano price has held steady above the four-month low hit earlier in the week as the bulls defend the crucial support zone of $0.5136. However, the formation of a symmetrical triangle shows indecisiveness in the market. On the one hand, buyers are reluctant to place huge bets amid the economic uncertainties. However, some savvy investors are keen on buying the dip and raking in big once crypto gets back on the forecasted bull run. With the expected corrective rebound, the 20-day EMA at $0.6542 will be a resistance level worth watching. PepeX focuses on fundamentals to solve challenges in the crypto space PepeX has weathered the current macroeconomic storm; earning its position as one of the top meme ICOs of 2025. While most crypto majors and altcoins have dropped to multi-month lows, the project has already raised over $1.3 million over the past two months of its presale. Notably, investors are going back to the fundamentals, looking for cryptos that disrupt the conventional finance system. Besides, there is a huge demand for projects that offer solutions to the existing challenges in the crypto space. PepeX…
Filed under: News - @ April 9, 2025 1:24 pm