Feeling pepish about something coming soon… 🐸 pic.twitter.com/PEwsTOVT22
— Gemini (@Gemini) June 22, 2023
Crypto sentiment turns bullish

$107,338.00
0.69%$2,437.15
1.84%$2.19
5.03%$646.58
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1.76%$490.04
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2.05%$0.999648
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2.88%$0.00001148
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4.30%$2,437.69
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1.42%$2,557.06
1.40%$0.01492422
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2.84%$1.34
2.94%$0.179437
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0.02%$37.34
4.11%$1.00
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0.42%$0.060651
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3.47%$45.69
0.56%$2.29
2.51%$0.163834
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7.85%$1.091
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4.44%$0.113206
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4.30%$2,437.84
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3.93%$1.49
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2.91%$2.19
3.00%$0.498884
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1.88%$1.091
5.31%$1.17
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0.34%$107,037.00
1.59%$164.39
7.41%$0.04586345
4.38%$0.326559
3.38%$2,667.03
1.88%$0.999784
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5.56%$0.01648982
0.48%$0.999275
0.02%$0.999014
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1.82%$0.00358282
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2.19%$10.26
1.11%$0.00000146
2.58%$0.732359
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4.60%$2,437.93
1.63%$0.300562
14.97%$0.640649
8.62%$107,244.00
0.24%$108.93
1.75%$17.97
4.53%$0.436741
1.64%$0.02884676
2.57%$0.00542645
1.13%$0.682208
1.02%$0.00336154
1.95%$1.001
0.02%$2,155.33
0.72%$1.21
0.27%$1.019
0.03%$0.583904
1.76%$99,972.00
-2.49%$0.177212
2.41%$0.00366781
8.72%$1.54
-2.51%$14.79
2.38%$0.178992
3.18%$5.89
-3.05%$2,947.10
2.07%$103,753.00
0.09%Reading
Pepecoin (PEPE) is up over 79% on the week, leading a meme coin rally that’s seen Dogecoin (DOGE), Shiba Inu (SHIB) and Floki Inu (FLOKI) rise by double digits in the same timespan.
Over the week, Dogecoin has risen by 11.2%, Shiba Inu by 25.6% and Floki Inu by 30.9%, per data from CoinGecko.
The momentum has built over the week, with the total market cap of meme coins posting gains of 11% in the past day, over 2.5 times that of the 4.2% gains seen by the total market cap of all cryptocurrencies.
PEPE’s price chart shows that a considerable portion of the surge came late on June 21, likely following Bitcoin’s strong bullish action above $30,000. At time of going to press, PEPE is up over 43% in the last 24 hours, at $0.00000151.
Besides an uptrend in Bitcoin pulling PEPE along in its wake, U.S.-based Gemini exchange also hinted at a PEPE listing.
Feeling pepish about something coming soon… 🐸 pic.twitter.com/PEwsTOVT22
— Gemini (@Gemini) June 22, 2023
Shiba Inu developers, meanwhile, announced the launch of Shibacals, a protocol to tag real-world assets as NFTs, likely boosting positive sentiment around the dog-themed meme coin.
Shibacals will employ Near Field Communication (NFC) chips to digitally authenticate physical items on the Shibarium blockchain. An NFC chip enables wireless connection over short distances.
Shibarium is a Ethereum layer-2 blockchain that uses SHIB, Bone (BONE) and Leash (LEASE) tokens for ecosystem development.
The Crypto Fear & Greed index by alternative recorded a steep rise in the last two days, touching two-month levels of 65, indicating a rise in bullish sentiment.
The index quantifies the crypto market’s sentiment by using signals such as Google trends, surveys, price action, and volume momentum. The metric fluctuates between 0 to 100 with higher values representing overbought conditions and vice-versa.
The total cryptocurrency market cap reached $1.22 trillion on Thursday, erasing the losses incurred in June after the U.S. Securities and Exchange Commision brought lawsuits against Binance and Coinbase.
A wave of proposed exchange-traded funds tracking the performance of different altcoins seem likely to receive a regulatory green light, with Bloomberg analysts predicting a more than 90% probability that a few of the funds will be able to start trading this year, including Solana, Dogecoin and XRP products. But if such funds and others garner approval, who will buy these investment products, and if so, to what degree? Analysts disagree on their potential popularity. "Everyone knows Bitcoin by...
Public Keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. This week: Why Bitcoin treasury champion Strategy is drawing so many identical lawsuits, Coinbase hits a new peak closing price as U.S. perps near, and other keys from the week in crypto. Strategy’s déjà vu You may have heard that Bitcoin giant Strategy is the subject of a class action lawsuit. It accuses the company of misrepresenting the risks associated with its BTC buying plans. Then maybe you...
Bitcoin is once again making waves in the financial world. As of Friday, the price of Bitcoin (BTC) remains right around the $107,000 mark, reinforcing investor confidence and raising hopes for another surge toward its monthly and all-time highs. The Crypto Fear and Greed index is currently at 65, which means sentiment in the BTC market is currently in “greed” mode and traders are eagerly buying. Myriad, a prediction market developed by Decrypt’s parent company Dastan that allows for the trading...