Economic uncertainties continue to keep buyers on the sidelines, causing most cryptos to record double-digit losses in recent months. While fear remains the key emotion within the crypto space, most tokens recorded a corrective rebound on Tuesday’s session as they strive to find their footing.
Even so, projects transforming the meme crypto space have maintained an upward momentum. Bitcoin Pepe, one such project has particularly captured the attention of enthusiasts looking to get the best from Bitcoin’s network and the meme culture. By building “Solana on Bitcoin” and developing the meme layer-2 solution on the unrivaled network, Bitcoin Pepe is “bringing the meme culture home”.
Shiba Inu price records intraday rebounding as it finds its footing
Amid the heightened tariff jitters, Shiba Inu extended its losses to trade at a 13-month low on Monday’s session. However, it held steady above the crucial support zone of $0.00001.
A look at its daily price chart shows the top meme coin trading below the 20 and 50-day EMAs; an indication that it is not out of the woods yet. In fact, it has been on a downtrend since December 2024 when the two MAs formed a bearish death cross pattern.
In the near term, $0.00001 will likely remain a steady support level as Shiba Inu price finds its footing along Monday’s intraday low of $0.00001025. On the upside, the resistance level along the 20-day EMA at $0.00001241 will be worth watching.
Bitcoin Pepe has enthusiasts sold on bringing meme crypto “home”
Bitcoin Pepe has been causing ripples across the meme crypto space and has over $6.2 million to show for it. In 8 weeks, it has already sold out 7 stages as meme lovers overwhelmingly embrace this revolutionary project. Its success is founded on its infrastructure and growth potential.
As the only Bitcoin meme ICO, Bitcoin Pepe is merging two ultra-popular worlds; the meme culture and the reliable Bitcoin network. Indeed, some enthusiasts have indicated that the project is “bringing meme crypto home”.
With the meme layer-2 solution on the Bitcoin network, its holders get to enjoy BTC’s unrivaled security, Solana-style transaction speed, lower fees, and the overall meme culture. Besides, the new PEP-20 standard allows for one to launch a meme coin on the unrivaled Bitcoin network.
It is this one-of-a-kind infrastructure that has meme enthusiasts flocking to purchase BPEP tokens before they hit the public shelves in Q2. With its value set to surge by up to 100X once it launches, the current price of $0.0295 is irresistible.
So far, early adopters have locked in cumulative gains of 33.8% as the token price increases by about 5% with every stage. By the end of the 30 stages, holders will have their capital investment surge by up to 311.4%. Hurry up and buy Bitcoin Pepe here.
Ethereum price set for corrective rebound amid the heightened selling pressure
Ethereum price has plunged by over 50% since the beginning of the year with internal challenges and macroeconomic chaos being key bearish drivers. As fear remains the key emotion driving the crypto market, the altcoin continues to experience immense selling pressure.
As seen on its daily price chart, ETH is in the oversold territory with an RSI of 29. However, the indicator is facing upwards; signaling a corrective rebound after it hit two year low on Monday at $1,415. In the near term, the bulls will be keen on defending that support level. On the upside, $1,750 will be a resistance zone worth watching.
The post Shiba Inu, Ethereum prices waver as traders flock to this viral token appeared first on CoinJournal.
