PEPE Coin Spikes 15%, Leaving Dogecoin, Shiba Inu Trailing In the Dust — 1M Frog-Themed Tokens Worth Less Than $2 Today
Portfolio Pulse from Mehab Qureshi
Pepe Coin (PEPE) has surged 15% in the last 24 hours, surpassing Dogecoin (DOGE) and Shiba Inu (SHIB) in terms of market capitalization. This rise is attributed to a shift in the overall market, triggered by financial institutions like BlackRock, WisdomTree, and Fidelity filing for spot Bitcoin (BTC) ETFs. PEPE is currently trading at $0.0000017.
June 30, 2023 | 5:19 am
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POSITIVE IMPACT
Bitcoin's price may be positively impacted by the filing of spot Bitcoin ETFs by major financial institutions.
The filing of spot Bitcoin ETFs by major financial institutions like BlackRock, WisdomTree, and Fidelity indicates increased institutional interest in Bitcoin, which could drive its price up.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 70
POSITIVE IMPACT
Dogecoin's price has experienced a notable spike of 4% amid the overall market shift.
The overall market shift, triggered by the filing of spot Bitcoin ETFs, has had a positive impact on meme coins like Dogecoin, leading to a price spike.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 60
POSITIVE IMPACT
Pepe Coin's price has surged 15% in the last 24 hours, surpassing other popular meme coins in terms of market capitalization.
Pepe Coin's price surge is attributed to a shift in the overall market, triggered by financial institutions filing for spot Bitcoin ETFs.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Shiba Inu's price has experienced a notable spike of 4.36% amid the overall market shift.
The overall market shift, triggered by the filing of spot Bitcoin ETFs, has had a positive impact on meme coins like Shiba Inu, leading to a price spike.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 60
NEUTRAL IMPACT
Ethereum's price may be indirectly impacted by the surge in Pepe Coin, which debuted on the Ethereum blockchain.
The surge in Pepe Coin, which debuted on the Ethereum blockchain, could indirectly impact Ethereum's price due to increased transaction volumes.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50