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Pepe Coin: The New Meme Coin Sensation of 2024Pepe coin, a meme coin that’s quickly becoming a legend in its own right, has astonishingly reached the 3B market cap mark, positioning itself as the 3rd meme coin ever to achieve such a feat. This remarkable achievement comes after a staggering 400% gain in just the last week. 🔥
Currently, it stands proudly at the 40th rank by market cap and an impressive 9th rank by volume in the last 24 hours . Let’s take a closer look at Pepe coin and see why everyone’s talking about it. 👇
✅ Pepe’s Market Performance: A Quick Overview
The buzz around Pepe coin is palpable, and it’s already being hailed as one of the top meme coins of this cycle. And guess what? The real euphoria hasn’t even kicked in yet. 🔥
Pepe is coming out of the long-term accumulation range, and with the crypto market starting a new bull cycle, the momentum is going to accelerate soon. The current candles’ range and the volumes are a testament to the underlying strength.
✅ Comparative Analysis: Pepe vs. Doge
⚡️ Structural Similarities between PEPE and DOGE
If we place Pepe and Doge alongside, it’s like looking at two sides of the same coin . The market structures and fractals of Doge from 2020 to 2021 bear a striking resemblance to Pepe’s current trajectory. And what do the market gods say about history? It is often similar and repeats itself! 👀
At the moment, it looks like Pepe is right at the same stage as Doge was in 2021 , when it started it’s monster rally. The momentum building up around Pepe suggests we’re just at the beginning of what could be an exhilarating euphoric phase.
⚡️ Relative Performance of PEPE and DOGE
Since there’s no symbol for PEPEDOGE, we can make a ratio chart by dividing PEPE by DOGE to make a custom symbol. Looking at the chart, Pepe has significantly outperformed Doge by over 300%. I’ve used the latest swing as a reference because it’s the most relevant point in the current scenario, as meme coins have been rallying from that point onwards.
✅ Broader Market Context
⚡️ Relative Performance of DOGE and BITCOIN
We’re examining this chart to grasp how the market context is evolving. Doge has consistently been lagging behind BTC for a couple of years . Both its price and momentum are at historic lows.
However, there are early indicators suggesting a reversal and a change in trend. This implies that once the alt season kicks in, Doge will gain momentum and surpass Bitcoin. This context is crucial because it sets the stage for Pepe’s performance, suggesting that its lead over Doge could extend throughout this market cycle.
⚡️ Relative Performance of PEPE and BITCOIN
Despite Bitcoin’s dominance, Pepe has been making waves, outperforming the crypto giant and hinting at the immense potential it holds for the upcoming alt season. This strengthens the fact that once the market-wide alt rally begins, Pepe can outperform others by a huge margin.
Conclusion
Pepe coin’s journey is a fascinating tale of unexpected triumphs and the unpredictable nature of meme coins. Its rapid ascent to a SEED_TVCODER77_ETHBTCDATA:3B market cap and its standout performance in the market are clear indicators of its potential to climb even higher, possibly reaching the $50B mark or beyond.
While the crypto market is known for its volatility and surprises, Pepe coin’s current trajectory suggests that it’s on its way to becoming one of the top 10 coins in this cycle. The excitement around Pepe is undeniable, and for those of us watching, participating, or just cheering from the sidelines, it’s a reminder of the thrilling unpredictability that draws us to cryptocurrencies.
Thanks for reading. Hope you found it useful.
Let me know your thoughts in the comments. Cheers!
Disclaimer: This post should NOT be construed as investment advice and is meant for learning purposes only. Please consult your financial advisor before making any investments.
The TradingView Digest - February 13thHello, readers! We're delighted to announce the relaunch of our Weekly Digest, now optimized for an improved reading experience.
Join us for a knowledge-enriched learning journey. Without delay, let's dive in! 🙂
In today’s edition, we’re highlighting the top posts from our community. This includes an informative post about Stan Weinstein's stage analysis, a video tutorial on market liquidity, a hot script on volume footprint, and all the latest headlines, earnings, and economic events. 🔥
⦿ Stan Weinstein’s method of Stage Analysis
Stage analysis is a powerful technique in trading that segments market trends into distinct phases, each offering unique opportunities and challenges. Developed by Stan Weinstein, this method helps traders understand and anticipate market movements.
By FXOpen
⦿ Understanding Liquidity
Liquidity is essentially composed of orders in the marketplace. Since trading operates as a zero-sum game, without liquidity, trading becomes impossible. To put it simply, if you want to buy, you need someone to sell to you, and vice versa.
By TradinG_Grace
⦿ Top Stories
SoftBank Swings to Surprise $6.4B Profit After Four Down Quarters, Arm Stake Nets $16B
Intel Chip Sales Halted by German Court
Bitcoin Halving Preparations Prompt Surge in Miner Outflows: Bitfinex Insights
Pharmacy Chains Are in a World of Hurt. Blame Shrinking Drug Reimbursements
Cloudflare's stock catapults 24% higher as earnings bring 'a lot to like'
⦿ Earnings
Earnings highlights from the previous week:
Alibaba's Q3 Earnings Fall, Approves $25B Buyback
Ford's Q4 Revenue Up 4%
Costco's Net Sales Rise in 2024
Adobe's Earnings to Rise 15.3%
⦿ How to Create a Solid Portfolio
Building a strong portfolio can be challenging for most investors. Knowing easy ways to start that journey can greatly improve your performance as an investor. In this post, we'll show you how to better pick stocks, using the NAS100 as an example.
By thesharkke
⦿ Bullion Ballet: Trading the Gold Platinum Ratio
Gold is a preferred precious metal driven by consumer jewelry demand, investment, and monetary policies. Platinum, also precious, is used for jewelry and somewhat as an investment. Unlike gold (6% industrial demand), platinum relies heavily on industry (73%).
By mintdotfinance
⦿ Script of the Week
Volume Footprint Voids
This script aims to plot single candle profiles and their own footprints. It uses lower timeframe calculations to plot different styles of single candle POC and can be used for scalping, finding precise entries and exits, and spotting potential trapped traders, etc.
By StratifyTrade
⦿ Our Weekly Thought
Always look first. Never rush into a trade or investment blindly.
We hope you found this helpful. Please share your feedback, comments, or suggestions with us in the comments below.
- TradingView Team ❤️
$SOLUSDT: Quarterly trend signalSolana has a long term trend that is active, pointing to a rally towards prices over $800 by June 2025.💹
I pointed out the monthly signals in the USDT and BTC ratio charts recently, which triggered during October and indicate the bear market ended.😎✌️
Hopefully you joined then, but still good to enter long term positions now and during the remaining time of the 4th quarter of 2023.👍
Best of luck!
Cheers,
Ivan Labrie.
Central Bank Balance Sheet vs NasdaqUntil the job market forces the Fed's hand, their balance sheet can keep on shrinking (letting Nasdaq to keep out performing it).
Using ratio charts (instead of overlaid data series) works as a Rosetta stone. Helps see the underlying macro economics is play.
#fed #fomc #nasdaq
Looks Like Multiyear ReversalAfter multiyear downtrend finally price out from down trend channel and after base formation price ready to outperform . Price break the range in ratio chart also . High risk becoz of fundamentals ..
#Gold versus #Inflation #Gold versus #Inflation is telling me the time to enter has not yet arrived.
Why? Higher probability for ROCKET SHIP moves of #Gold, #Silver, and #Miners is when that ratio chart takes off.
More work STILL needs to be done.
Patience, the lion's share of GAINS still out there.
When is the best time to buy Ethereum?The Ethereum to Bitcoin price ratio chart indicates that Ethereum's price remains influenced by the fluctuations in Bitcoin's price.
The pattern displayed on this chart suggests that Ethereum is likely to endure buying pressure from Bitcoin in the market.
However, the ideal range to anticipate a more substantial movement for Ethereum against Bitcoin would be around the parity level of 0.0490-0.0456.
Furthermore, the market is expected to facilitate more substantial bullish movements for Ethereum by providing additional support for Ethereum.
H&S on gold silver ratioSilver is starting its move up along with gold...I expect silver however to outperform gold by a significant amount based on the gold/silver ratio chart which is showing a H&S pattern. Approximately levels are shown on the chart below...but these will need refinement as we see this really start to move.
Lift offRight shoulder of the IH&S (white) is another IH&S (Orange)...I think we will see the break of the neckline this week..perhaps a pb followed by a major move...Remember that gold will go up...but silver will go up much more...look at gold/silver ratio chart which is currently showing a H&S shoulder pattern...will post that soon.
IWM/SHY Sell SignalClear perfect H&S top in the IWM/SHY ratio chart. Predicts that short term bonds will now outperform the Russell 2k and the target of the pattern is a new low in the ratio. This implies that the Russell is likely to break to new lows while short term bonds should remain strong. If short term bonds were to decline at the same time as the Russell, the decline in the Russell will be more severe.






















