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PEPE Stuck in a Narrow Price Range While SHIB and BONE Surge

Published 31/07/2023, 16:04
© Reuters PEPE Stuck in a Narrow Price Range While SHIB and BONE Surge
DOGE/USD
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SHIB/USD
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  • PEPE has been left in the dust after the latest Shibarium announcement.
  • Over the past seven days alone, PEPE’s price dropped by more than 11% while the prices of SHIB and BONE surged.
  • PEPE’s price was resting on the lower level of a consolidation zone at $0.0000012900 at press time.

Pepe coin (PEPE) has found itself trapped within a narrow price range, fluctuating between $0.00000138 and $0.00000129. Additionally, momentum indicators suggest a prolonged downward trend for PEPE.

Among the popular meme-inspired cryptocurrencies like Dogecoin (DOGE), Shiba Inu (SHIB), and Bone ShibaSwap (BONE), PEPE was the poorest performer. This is a concern, especially when considering the remarkable surge it experienced after its launch, as it now appears to be losing its momentum.

SHIB and BONE started trumping PEPE after a member of the Shiba Inu team announced on Twitter that the Shibarium Beta Bridge had gone live for public testing on July 26, 2023. This announcement had a significant positive effect on the price of both SHIB and BONE, leaving PEPE in the dust of their success.

The post PEPE Stuck in a Narrow Price Range While SHIB and BONE Surge appeared first on Coin Edition.

The post PEPE Stuck in a Narrow Price Range While SHIB and BONE Surge appeared first on Coin Edition.

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