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Price Surges of PEPE, FLOKI, and BONK in the Market

May 31, 2024
  • PEPE has demonstrated a noteworthy surge of 5.66% from its support level, reaching $0.00001503 as its market capitalization experiences a growth of 5.60%.
  • FLOKI has shown a rebound with a 1.17% increase despite a significant 21.96% decrease in trading volume.
  • BONK exhibits a rally of 2.14%, maintaining a bullish stance post-testing the $0.0000358 resistance.

In the past 24 hours, the price of Pepe (PEPE) has been on an upward trajectory after establishing support at the intra-day low of $0.00001319. Bulls successfully reversed the bearish trend, propelling the price to an intra-day high of $0.00001503 before meeting resistance. At the present moment, PEPE is trading at $0.0000145, reflecting a substantial 5.66% increase from the support level.

During this bullish phase, PEPE's market capitalization and 24-hour trading volume surged by 5.60% and 1.44% respectively, standing at $6,101,284,450 and $2,150,287,689. In the event that the bulls surpass the intra-day high of $0.00001503, the resistance levels to monitor are $0.000016 and $0.000017. Conversely, if the bears gain control and drive the price below the current support level of $0.0000145, the subsequent levels of interest are $0.000014 and $0.000013.

However, the memecoin market has displayed varied responses, witnessing upswings in PEPE and FLOKI, while observing fluctuations in others. For more information, refer to the detailed price chart of PEPE/USD within the last 24 hours.

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