PEPE Rises, but Warning Signs Emerge as Trading Volume Plummets

Pepe (PEPE) has seen a 1.3% increase over the past month and is currently trading around $0.0000117, as per CoinMarketCap Data.

PEPE (PEPE) price is up 1.3% over the last 30 days and is currently trading at around $0.0000117 according to CoinMarketCap data. Pepe token experiences high price fluctuations, with its price ranging from $0.00000828 to $0.0000132, which presents lucrative opportunities for investors with the ability to effectively navigate the ups and downs of the market.

However, PEPE's trading volume has dropped sharply and CoinMarketCap has recorded a decline of more than 33% in the last 24 hours, indicating that the number of people investing in or using PEPE is decreasing. From a technical perspective, an immediate support lies at $0.000010 and if it breaks below this level, PEPE could test the $0.0000065 level.

Trump's crypto stance fuels XRP rally amid looming decision

Ripple (XRP), which is up nearly 26% in the last 30 days, is currently trading just below the $0.60 price mark, which is largely due to Donald Trump's pro-crypto speech at the Bitcoin conference and XRP's U.S. Securities and Exchange Commission brings up his legal battle with. Due to Trump's support of cryptocurrencies, it is believed that his victory in the upcoming US presidential election could positively affect the outcome of the Ripple case.

Notably, it is said that Ripple's lawsuit with the SEC may end well before the outcome of the US presidential election, but this is not certain. According to lawyer Fred Rispoli's prediction, a decision in the Ripple-SEC case is expected by the end of July 2024, with Judge Analisa Torres' final decision.

Investors are betting big on Raboo's big return potential

Experts in the crypto space are intrigued by the potential to generate gains of up to 233% for early adopters since the start of its pre-sale.

Raboo, which is in Phase 4 of the presale phase and sells its tokens for only $ 0.0048, stood out from other tokens and gained fame as one of the best DeFi coins of this year. One of its distinguishing features that investors look for is the capacity to use AI to advance online meme culture.

Raboo pre-sale is a great opportunity for investors to be a part of something groundbreaking as the platform plans to use AI-Social-Fi-Blockchain combining technology to completely transform the meme industry.

Also, Raboo's tokenomics encourages community interaction and will reward early participants, making it one of the best altcoins to watch this year. As the platform expands, token holders will enjoy special benefits and incentives that will increase their cryptocurrency holdings.

Result

The decline in PEPE's trading volume shows how investor sentiment has changed and how they are looking for other opportunities, such as memecoin Raboo, which is among the top altcoins recognized in the $62 billion meme market. Meanwhile, there is speculation that the resolution of the ongoing SEC-Ripple lawsuit over the status of XRP will not be delayed any further than planned.

Interested users can join the Raboo pre-sale here and check Raboo's Telegram and Twitter.

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