After the tariff-driven crypto crash that has lasted for over two months, most cryptocurrencies appear set for recovery. Indeed, while the crypto fear & greed index remains on the fear end of the spectrum, there has been some improvement from last week’s levels.
Besides, investors appear keen on fresh crypto projects set to revolutionize the broader market. It is this trend that has PepeX gaining popularity even before the launch of its presale on 24th March.
Memecoin lovers are particularly excited about the ability to launch meme coins through its AI-driven launchpad. Furthermore, the project is focused on placing the power on the community rather than the creators as a way of enhancing transparency.
Dogecoin price recovery journey has commenced
The recent crypto crash has impacted majors and meme coins alike. Over the past two months, Dogecoin, one of the top meme coins, has had its price plunge by more than 60% as buyers remain on the sidelines.
Despite the persistent concerns over Trump’s trade policy and interest rates, the bulls are optimistic that a recovery is on the horizon. In the early Saturday session, it traded in the green while holding steady above the support zone of $0.1610.
As the recovery mode kicks in, bulls are striving to break the resistance at $0.1800. If successful, the next target will be along the 25-day EMA at $0.1905. On the lower side, the recent four-month low of $0.1439 will likely remain a steady support zone for Dogecoin price.
PepeX: Here’s why retail investors are hooked even before its presale launch
The attractiveness of meme coins has surged in recent years; bolstering its value to $52.8 billion as seen on CoinGecko. However, gatekeeping and the lack of technical knowhow has made it almost impossible for retail investors to develop their own meme tokens.
Notably, PepeX is entering the market with the main mission of solving these identified problems. To begin with, its AI-powered token launch system will replace developer involvement; allowing individuals to create, brand, and market their tokens with ease.
Besides, unlike Pump.fun that had the creators benefit at the expense of the project’s community, PepeX is keen on enhancing transparency and placing control in the hands of the token holders. With each token created on the PepeX platform, the creator will only hold 5% while the rest will be open to the public. Besides, the inclusion of anti-sniping protection and liquidity locks will ensure the fair launching of tokens.
With this level of transparency, reliability, and ease of launching a meme token, it is no wonder PepeX is gaining popularity even before it hits the market on 24th March. 45% of the PEPX token supply will be sold through a presale consisting of 30 stages and set to last for 90 days.
After each stage, slated to last for three days, the PEPX token price will increase by 5%. As such, early adopters and long-term holders have an opportunity to amass gains of 311% before it hits the public shelves. Hurry up and buy PepeX here.
Shiba Inu appears set for recovery mode despite economic uncertainties
Similar to other top meme coins and crypto majors, shiba inu has been on a months-long downtrend. In two months, it has dropped by about 50%; hitting a one-year low a week ago.
While tariff jitters and concerns over Fed’s interest rate cuts persist, a crypto recovery mode appears to be setting in. Compared to last week’s fear level of 27, Friday’s session saw an improvement to a neutral of 49. Besides, in Saturday’s session, Shiba Inu price was trading in the green; holding steady above the support zone of $0.00001200.
In the immediate term, the range between $0.00001200 and the 25-day EMA at $0.00001332 will be worth watching. If successful at breaking that resistance, the bulls’ next target will be at $0.00001456.
