{"id":160273,"date":"2025-06-17T17:54:18","date_gmt":"2025-06-17T14:54:18","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=160273"},"modified":"2025-06-17T17:54:18","modified_gmt":"2025-06-17T14:54:18","slug":"time-to-sell-pepe-as-price-dips-18-new-meme-coin-presale-raises-1-million","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/time-to-sell-pepe-as-price-dips-18-new-meme-coin-presale-raises-1-million\/","title":{"rendered":"Time to Sell Pepe as Price Dips 18%? New Meme Coin Presale Raises $1 Million"},"content":{"rendered":"

Pepe\u2019s (PEPE) price has decreased roughly 18% over the past week amid a broader pullback in the meme coin space, with market sentiment souring as on-chain data signals rising sell pressure and profit-taking by crypto whales.<\/p>\n

Meanwhile, Bitcoin (BTC) is still hovering close to the $105,000 level \u2013 but traders remain relatively bullish on the leading cryptocurrency due to steady institutional inflows.<\/p>\n

As PEPE and other blue-chip meme coins take a temporary breather, most top investors are rotating their capital into utility-focused projects like Snorter Token (SNORT)<\/a>, a newcomer that has already raised over $1 million in its presale.<\/p>\n

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Pepe Faces Bearish Breakdown as Whales Rotate Into New Meme Plays<\/strong><\/h2>\n

After a meteoric rise in May, PEPE\u2019s price has come under high bearish pressure this month. The frog token is down over 35% since last month\u2019s high (including an 8% slide in the past 24 hours), as bulls battle to keep it above its critical support level of $0.000010.<\/p>\n

PEPE recently fell below its 20-day exponential moving average (EMA), which indicates rising selling pressure in the near term.<\/p>\n

\"Pepe\/USDT<\/p>\n

A decisive daily close under the $0.000010 support level could trigger another drop, potentially targeting the next support at $0.0000091 (about 11% lower than the current price). Pepe\u2019s momentum indicators are also flashing bearish warnings, with its RSI sinking toward oversold territory.<\/p>\n

Looking ahead, the prominent trader Crypto Tony stated that he will keep his long exposure to PEPE while the token holds above the $0.000008 support. Should PEPE fall decisively beneath that level, its chart could show a bearish head-and-shoulders formation.<\/p>\n

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$PEPE<\/a> \/ $USD<\/a> \u2013 Update <\/p>\n

Only if we begin to lose 8000 would i close my long position. At that point it would look like a head and shoulders pattern and i would look for shorts pic.twitter.com\/dTufg2tSCU<\/a><\/p>\n

\u2014 Crypto Tony (@CryptoTony__) June 17, 2025<\/a><\/p><\/blockquote>\n