The cryptocurrency market is always full of surprises, with coins experiencing dramatic rises and falls. One such coin that has recently caught the attention of investors is Pepe Coin (PEPE). After weeks of remaining in a downtrend, PEPE is now on the rise again, showcasing a surge of 112% from its June lows. This sudden upward movement has reignited the interest of traders and enthusiasts alike.
However, PEPE is not the only coin making waves in crypto. Alex The Doge (ALEX), a brand new crypto that aims to give Dogecoin a run for its money in the memecoin stakes, is also gaining traction. Despite being in its presale phase, Alex The Doge (ALEX) has already attracted a significant amount of attention, with over 14.3 million ALEX tokens sold to date. The project’s unique approach to Play-to-Earn (P2E) gaming and its focus on creating a vibrant community have caught the eye of large investors.
The Recent Price Action of Pepe Coin (PEPE)
Pepe Coin (PEPE) has experienced a rollercoaster ride in terms of price action. After a prolonged period of decline, the coin has finally found its footing and is now on an upward trajectory. In the past couple of weeks, there has been a significant increase in the trading volume of PEPE, indicating a bullish reversal. This surge in interest has led to PEPE becoming the third most talked-about cryptocurrency in the world, following closely behind Bitcoin and Ethereum in terms of social dominance.
Despite the recent rally, some analysts remain skeptical about the long-term prospects of PEPE. The coin is still down 60% from it’s all-time high, and its price remains within a bearish market structure. To break this structure and establish a bullish trend, PEPE needs to surpass a key resistance level. Only a daily candle close above $0.00000215 would signal a bullish outlook for the coming months. Until then, caution is advised when considering investing in PEPE.
Alex The Doge (ALEX): A Bullish Approach to GameFi
While Pepe Coin (PEPE) has been grabbing headlines with its recent price action, another memecoin, Alex The Doge (ALEX), is making waves in the crypto community. Alex The Doge (ALEX) is not your typical memecoin; it is backed by a comprehensive whitepaper, a roadmap, and an execution strategy. This level of professionalism sets ALEX apart from its peers and instills confidence in its potential for success.
One of the key factors driving the interest in Alex The Doge (ALEX) is its focus on Play-to-Earn (P2E) gaming. The token will launch on the Polygon network, which is well-suited for hosting GameFi and P2E applications. Alex The Doge (ALEX) will power the Miracleverse, a digital gaming world where the Alex The Doge (ALEX) community can interact, learn, trade, and play. The token will be used as a rewards mechanism within P2E games, as well as for social trading and decentralized finance (DeFi) activities.
In addition to its gaming features, Alex The Doge (ALEX) has gamified every aspect of its project, including the development of a collection of Alex The Doge NFTs, a series of comic books, and even a casino within the Miracle Verse. These initiatives aim to create a vibrant and engaging ecosystem for ALEX holders and enthusiasts.
For more information about Alex The Doge (ALEX) presale use the links down below: