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PEPE Falls 2.6% After Failing to Breach Resistance Levels
Yahoo Finance· 2025-09-30 14:37
Core Insights - PEPE cryptocurrency has declined by 2.6% in the last 24 hours, trading near $0.0000915, underperforming the broader crypto market which is down 1.4% [1][2] - The token's trading range was between $0.0000913 and $0.0000951, with a failed rally near resistance leading to a gradual decline [1][2] Market Performance - The session opened at $0.0000939, peaked at $0.000095, and faced consistent selling pressure, resulting in a steady decline [2] - Despite the drop, PEPE outperformed the memecoin sector, which fell by 3% in the same period as measured by the CoinDesk Memecoin Index [2] Trading Activity - Open interest in PEPE futures reached $560 million, while total trading volume increased to $1.2 billion [3] - Market focus is on whether PEPE can maintain support above $0.000091 or risk slipping lower, with a break above $0.000095 potentially shifting sentiment [3] Technical Analysis - PEPE's 24-hour trading range showed a spread of $0.0000034, approximately 4% between session highs and lows, with resistance at $0.000095 [4] - Support near $0.000092 held initially but weakened towards the end of the session, indicating potential bullish accumulation earlier [4] Volume and Sentiment - Declining volume towards the close indicates hesitation in the market, with temporary surges in trading activity failing to sustain momentum [5] - Without a strong return of buyers, recent consolidation attempts may lead to a broader retracement [5]
Dogecoin Cash Inc. (OTCQB:DOGP) Announces Special Distribution of DogeCoin Cash (MEMECOIN:DOG) to Shareholders
Globenewswire· 2025-09-30 08:20
Company Overview - Dogecoin Cash Inc. (OTCQB:DOGP) has announced a special distribution of DogeCoin Cash (MEMECOIN:DOG) to shareholders of record as of December 15, 2025, with payment scheduled for December 22, 2025 [1][2] - Each shareholder will receive one DogeCoin Cash for every share of Dogecoin Cash Inc. common stock held, totaling approximately 150 million DogeCoin Cash to be distributed [2] Distribution Details - The distribution will be executed through certificates with assigned CUSIPs or equivalent book-entry positions, which shareholders can redeem through the company's subsidiary, DogeSPAC LLC [3] - Shareholders will receive further instructions on how to redeem their certificates prior to the payment date, and no immediate action is required from them [4] Industry Insights - The meme coin market has evolved significantly, with its total market capitalization recently surpassing approximately USD 77 billion, indicating its growing importance in the digital asset market [5] - Projections suggest that the meme coin market could grow from about USD 68.5 billion in 2024 to as much as USD 925.2 billion by 2035, reflecting a compounded annual growth rate (CAGR) of roughly 26.7% [6] - The global meme-coin development market is also expected to expand from about USD 40 million in 2024 to nearly USD 296 million by 2031, with a CAGR of approximately 27.8% [6] Company Activities - Dogecoin Cash Inc. operates PrestoDoctor, a leader in medical cannabis telemedicine, and focuses on blockchain innovation and digital asset initiatives [8] - The company’s subsidiary, MEME Coins Inc., holds DOG tokens as its sole digital asset and is focused on meme-based cryptocurrency innovation and social crypto applications [8]
Dogecoin Cash Inc. (OTCQB:DOGP) Announces Special Distribution of DogeCoin Cash (MEMECOIN:DOG) to Shareholders - Dogecoin Cash Inc Com (OTC:CBDS), Dogecoin Cash (OTC:DOGP)
Benzinga· 2025-09-30 08:20
Core Points - Dogecoin Cash Inc. has announced a special distribution of DogeCoin Cash to shareholders, with a record date of December 15, 2025, and payment scheduled for December 22, 2025 [1][2] - Each shareholder will receive one DogeCoin Cash for every share of Dogecoin Cash Inc. common stock held, totaling approximately 150 million DogeCoin Cash to be distributed [2] - The distribution will be executed through certificates or book-entry positions, redeemable through the company's subsidiary, DogeSPAC LLC [3] Company Overview - Dogecoin Cash Inc. operates in the medical cannabis telemedicine sector through its subsidiary PrestoDoctor and is also focused on blockchain innovation and digital asset initiatives [8] - The company holds DOG tokens as its sole digital asset and is developing a platform for meme-based cryptocurrency innovation and social crypto applications [8] Industry Insights - The meme coin market capitalization has recently surpassed approximately USD 77 billion, indicating its growing significance within the broader crypto sector [5] - Projections suggest the meme coin market could grow from about USD 68.5 billion in 2024 to USD 925.2 billion by 2035, reflecting a CAGR of roughly 26.7% [6] - The global meme-coin development market is expected to expand from about USD 40 million in 2024 to nearly USD 296 million by 2031, with a CAGR of approximately 27.8% [6]
Meme Coin Wars: Can Pump.Fun Hold On?
Yahoo Finance· 2025-09-11 14:45
Core Insights - The crypto community witnessed a shift in meme coin dominance from Pump.Fun to LetsBonk.Fun in July, with LetsBonk reaching a peak trading volume of over $197 million compared to Pump.Fun's $50 million, marking a nearly 75% decline for Pump.Fun [2] - However, by August, Pump.Fun regained its position as the leading meme coin platform, recording a trading volume of $191 million, while LetsBonk's volume plummeted to around $6 million [3] Group 1 - The initial rise of LetsBonk.Fun was attributed to increased trading volumes on meme coin launchpads, indicating a temporary shift in community sentiment [2] - The decline in interest for LetsBonk.Fun may be due to the fading hype typical in crypto markets, alongside Pump.Fun's strategic adjustments [4] - Pump.Fun introduced payback mechanics and dynamic fees, enhancing its appeal to both traders and meme coin creators, which contributed to its resurgence [5] Group 2 - The introduction of weekly paybacks in PUMP tokens incentivized token holders, boosting demand and user engagement within the Pump.Fun ecosystem [5] - Despite a brief loss of momentum in July, Pump.Fun's trading volume surged back in August, aided by platform changes that attracted new meme coin creators [6] - The native PUMP token experienced an increase of nearly 80% over two weeks, although it still trades about 15% below its all-time high [6]