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Can Pepe Fork (PORK) Outshine Pepe (PEPE)?

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Pepe Fork (PORK) surged to a two-month high of $0.00000023 during Thursday’s intraday trading session. Although it has since corrected, the meme coin still boasts double-digit gains over the past 24 hours.

PORK’s daily trading volume has also spiked by over 130% during this period. Currently at $7.02 million, PORK’s trading volume has reached its highest level since June 17.

Pepe Fork May Not Be Up to Par

Thursday’s surge in PORK’s value has sparked market speculation about whether it could soon outperform Pepe (PEPE) in the short term.

“$PORK 24-hour volume is just $0.5M less than $PEPE, yet PEPE’s market cap is 64x that of PORK. You really think PORK won’t flip PEPE again? It’s not a question of if. It’s when?” crypto trader Alex Gomez pointed out on X.

Another X user also drew attention to the comparison between PORK and PEPE’s 24-hour trading volumes, urging the market to “study” PORK.

Despite the optimism, the increase in market volatility that accompanied PORK’s recent upswing suggests that the meme coin could face a short-term decline.

Read more: 7 Hot Meme Coins and Altcoins that are Trending in 2024

PORK Bollinger Bands
PORK Bollinger Bands. Source: TradingView

Readings from PORK’s 12-hour chart revealed that during Thursday’s price rally, the gap between the upper and lower bands of PORK’s Bollinger Bands indicator widened significantly. This indicator measures market volatility and helps identify potential overbought or oversold conditions.

The upper band represents the higher range of an asset’s price movements, while the lower band tracks the lower range. A widening gap between these bands indicates increased market volatility.

Additionally, PORK’s Average True Range (ATR), which measures the degree of price volatility, has surged. As of now, PORK’s ATR stands at 0.0000000026, further confirming the heightened volatility surrounding the meme coin.

PORK Average True Range
PORK Average True Range. Source: TradingView

An increasing Average True Range (ATR) indicates that an asset’s price is experiencing massive fluctuations. This suggests that the asset is at risk of further price swings, highlighting the potential for continued volatility in the near term.

PORK Price Prediction: Meme Coin To Witness Further Correction

PORK’s declining momentum indicators suggest that the meme coin will experience a further correction. On Thursday, the token’s Relative Strength Index (RSI) peaked at an overbought level of 88, signaling a potential pullback.

At press time, the RSI has dropped to 64.89, indicating that while buying pressure remains high, selling activity has begun to take hold.

Read more: Top 9 Safest Crypto Exchanges in 2024

pork price prediction
PORK Price Analysis. Source: TradingView

PORK’s value is expected to lose more of its recent gains as buying momentum continues to decline, with the next price target set at $0.00000012. However, if new demand for the altcoin surges, driving up its value, the price could rebound to $0.00000017.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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ETH Exchange Withdrawals Fall to Lowest in Months

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Ethereum’s inability to establish a strong foothold above $2,000 continues to dampen investor sentiment, causing many traders to keep their assets liquid in case of a potential selloff. 

This cautious stance is reflected in ETH withdrawals from exchanges, which have plunged to a seven-month low.

ETH Exchange Activity Signals Growing Bearish Sentiment

An assessment of Ethereum’s exchange transaction dominance shows a significant decline in ETH withdrawals since late January. According to Glassnode, ETH’s exchange withdrawal transactions totaled 59,755 coins on Tuesday, marking its lowest single-day count since August 31. 

Ethereum Exchange Transaction Dominance
Ethereum Exchange Transaction Dominance. Source: Glassnode

When ETH withdrawals from exchanges drop, it means fewer investors are moving their holdings to private wallets or cold storage. This suggests they are not planning to hold the coin long-term. Instead, they are keen on keeping their ETH coins on exchanges; a trend that signals a readiness to sell.

At the same time, ETH deposits have climbed, confirming the increasing selling pressure in the market. According to Glassnode, the number of ETH coins sent to exchanges has surged by 10% since the beginning of March.

Ethereum Exchange Transaction Dominance.
Ethereum Exchange Transaction Dominance. Source: Glassnode

When an asset’s exchange deposits spike like this, more investors are moving their holdings onto exchanges, often in preparation to sell. As bearish sentiment grows weaker, these coins are sold for profit, putting more downward pressure on ETH’s price. 

Will ETH’s Uptrend Hold? Bulls Face Resistance at $2,148

At press time, ETH is trading at $2,073, marking a 3% gain over the past week as part of the broader market recovery. 

On the daily chart, the leading altcoin follows an ascending trendline, signaling sustained price growth. If bullish momentum intensifies and exchange withdrawals increase while deposits slow, ETH could maintain this trend and reclaim the $2,148 level. 

ETH Price Analysis
ETH Price Analysis. Source: TradingView

However, if exchange activity remains unchanged and selling pressure rises, ETH risks breaking below the ascending trendline, potentially falling to $1,759.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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PEPE vzrástol o 20 %. Pozornosť však púta AI Pepe meme coin

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Meme coiny konečne ožívajú. Na čele stojí populárny coin PEPE a hneď za ním celá rada obľúbených coinov. Neistotu, ktorá vládla na trhu už od januára vystriedal optimizmus. Pepe coin vzrástol o viac ako 20 % a predikcie signalizujú pokračovanie tohto trendu.

Držitelia Pepe teraz naviac sústreďujú časť svojich prostriedkov do novej AI verzie Pepe the Mind (MIND). Ak táto kryptomena s vlastným AI agentom bude pokračovať rovnako úspešne, ako počas predpredaja, mohla by dokonca prekonať úspechy samotného PEPE.

Preskúmať projekt Mind of Pepe

Meme coiny idú hore: Trh si polepšil o 9 miliárd dolárov

Prvá polovica marca bola pre trh s meme coinmi doslova bezútešná. Po medveďom trhu, ktorý trval od januára, stratili meme coiny počas prvých dvoch marcových týždňov 33 %. Kým ešte 3 marca bola táto hodnota na 65,36 miliardách dolárov, už o dva týždne trh registroval len 43,31 miliárd $.

Avšak tu sa tento pokles konečne zastavil a ceny meme coinov ožívajú. Dôvodov je niekoľko. Za zmienku stojí zmiernenie colnej politiky USA voči svojim obchodným partnerom a rozhodnutie Federálneho rezervného systému (Fed) nezvyšovať úrokové sadzby. Fed plánuje do konca roka pristúpiť k ich znižovaniu. To je dobrá správa pre investorov, ktorí zvažujú doplniť svoje portfólio o rizikovejšie aktíva s vyššou mierou výnosnosti.

Pri bližšom pohľade na údaje z CoinMarketCap si najlepšie vedie práve coin PEPE. Cena PEPE stúpla za posledných 7 dní o 20,1 %, DOGE o 19,2 % a na treťom mieste je coin SHIB s nárastom o 18,9 %.

meme coiny trhová kapitalizácia Zdroj: coinmarketcap.com

Držitelia PEPE môžu očakávať ďalší rast

PEPE sa aktuálne obchoduje okolo 0,0000089 $ a analýza trhu naznačuje, že by mohol pokračovať v ďalšom raste.

Podľa údajov IntoTheBlock sa priemerný čas držania obchodovaných coinov PEPE za posledné dva týždne zvýšil a dosiahol objem 2,67 bilióna. Ak bude tento trend pokračovať, PEPE si môže udržať svoje zisky z posledných 14 dní.

objem obchodovaní PepeZdroj: cnn.com

Súčasne hodnota Relative Strength Index (RSI) prekonala neutrálnu hranicu, čo signalizuje pokračujúcu býčiu dynamiku. Odborníci odhadujú, že PEPE by sa mohol vyšplhať až na 0,000016. To však za predpokladu, že sa mu podarí prelomiť rezistenciu na úrovni 0,000010 $.

Zdá sa však, že najvýraznejšie zhodnotenia má už PEPE za sebou. Investori teraz siahajú po novej AI verzii Pepe. Poďme sa pozrieť bližšie na AI coin Mind of Pepe (MIND) a dôvody, prečo do neho investori vložili už viac, ako 7,6 milióna dolárov.

Samotná kryptopeňaženka Best Wallet zaradila nový coin MIND medzi top predpredaje pre tento rok.

Nastupuje doba AI coinov: Investori siahajú po Mind of Pepe s autonómnym AI agentom

​Rok 2025 sa nesie v duchu technických inovácií, globálneho ekonomického napätia a hlbokej integrácie umelej inteligencie (AI). Využívanie AI nástrojov je nepopierateľne na vzostupe aj vo svete blockchainových technológií, čo zvyšuje záujem o AI kryptomeny. Kým ešte v roku 2023 predstavoval celkový objem trhovej kapitalizácie len 4,9 miliardy dolárov, dnes majú AI coiny hodnotu 30 miliárd dolárov.

Aj toto je jeden z dôvodov prečo je o nový coin Mind of Pepe (MIND) výrazný záujem. Tento kryptomenový projekt využíva najmodernejší model AI na analýzu trhu a interakciu s komunitou.

Držitelia tokenu MIND budú mať prístup k autonómnemu AI agentovi schopnému analyzovať kryptomenový trh v reálnom čase a poskytovať členom ekosystému tipy k úspešnému obchodovaniu.

Pokročilý AI agent sa bude zapájať do diskusií na relevantných platformách, identifikovať trendy a poskytovať aktuálne informácie o trhovom sentimente.

Mind of Pepe AI meme coinZdroj: mindofpepe.com

O token MIND je záujem nie len zo strany nadšencov tematiky Pepe the Frog, ale vďaka novej funkcionalite tiež aj zo strany investorov, ktorí sa chcú zorientovať v komplexnom svete kryptomien. Interakcia s AI agentom im umožní optimalizovať obchodnú stratégiu a získať výhodu na tomto neustále sa meniacom trhu.

V predpredaji sa vyzbieralo už viac ako 7,6 miliónov dolárov. Obzvlášť silný záujem je tiež o pasívny príjem, ktorý ekosystém Mind of Pepe umožňuje. Po kúpe tokenov MIND ich totiž môžete uzamknúť na dlhšie časové obdobie s ročnými odmenami za staking vo výške až 295 %.

Token MIND si môžete kúpiť za aktuálnu predpredajnú cenu 0,0035946 $ priamo na domovskej stránke projektu, alebo v aplikácii Best Wallet.

Prejsť na projekt Mind of Pepe



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Onyxcoin Traders Bet on Recovery, Despite 70% Market Drop

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Onyxcoin has struggled since reaching a year-to-date high of $0.04 on January 26. It has since shed over 70% of its value to trade at $0.011 at press time.

However, the renewed optimism in the broader crypto market is shifting sentiment toward XCN, setting it up for a recovery.

XCN Traders Bet Big on a Comeback

On-chain data suggests that demand for long positions is increasing, hinting at a resurgence in traders’ confidence. At press time, XCN’s long/short ratio is at 1.35, its highest in over 30 days

XCN Long/Short Ratio
XCN Long/Short Ratio. Source: Coinglass

The long/short ratio measures the proportion of long positions (bets on price increases) to short positions (bets on price declines) in the market. A ratio below one means there are more short positions than long ones. Conversely, a ratio above one suggests that traders are taking more long positions, signaling a bullish outlook on the asset. 

When the ratio is this high, traders expect the price to rise, increasing the buy orders in the market. If this continues, it will drive up XCN’s demand and, as a result, its price. 

Additionally, the token’s weighted sentiment is positive, further reinforcing the notion that investors’ confidence in XCN’s short-term recovery is increasing. At press time, this on-chain metric stands at 0.82. 

XCN Weighted Sentiment.
XCN Weighted Sentiment. Source: Santiment

An asset’s weighted sentiment measures its overall positive or negative bias, considering both the volume of social media mentions and the sentiment expressed in those mentions. 

When it is positive, it is a bullish signal. It indicates a growth in positive bias toward XCN, which could prompt its investors to increase their trading activity, driving up its value. 

XCN Bulls Eye a Break Above Descending Channel

On the daily chart, XCN is poised to break above the upper trend line of the descending channel which has kept its price in a decline since January 26. 

If successful, the bullish breakout could propel the token’s price to $0.022, a high it last reached on February 18.

XCN Price Analysis.
XCN Price Analysis. Source: TradingView

If the downtrend persists, XCN could fall below the lower trend line of its descending channel which forms support at $0.0085. In this scenario, its price could drop lower to $0.0075.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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