NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Pepe Power! Meme Coin Surges On Back Of GameStop Nostalgia

Christian Encila
Christian Encila
1 year ago
3 mins read
pepe

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The resident amphibian of the internet is back in the news, but this time Pepe the Frog is negotiating his way to the top of the bitcoin charts instead of gracing troll sites. Driven by a strong mix of nostalgia and retail investor fervour, PEPE, the meme coin honouring the internet icon, is seeing a historic rise.

Related Reading

toncoin

On A Tear: Toncoin Outshines Bitcoin With Price Surge And Social Buzz

1 year ago

From Backwater To Bullfrog: PEPE’s Rise

The recent climb of PEPE is simply explosive. With the price at an all-time high and trading volume soaring by an amazing 300%, over 24 hours This explosive increase is accompanied by a comeback in Gamestop (GME) shares, which has many people thinking that the army of retail investors of 2021 is returning for round two armed with meme coins as their preferred weapon.

PEPE market cap. Source: CoinMarketCap

For these digital warriors, the comeback of Keith Gill, better known online as “Roaring Kitty,” has served as a rallying cry. Gill’s unexpected statement on his inactive Reddit account rocked the market and stoked nostalgic embers of the original Gamestop saga once more. Analysts say this nostalgia has permeated the crypto market and spurred a full-scale meme coin frenzy.

Already showing a consistent increase since mid-April, PEPE has become the odd champion of this digital meme menagerie.

PEPE is currently trading at $0.000011. Chart: TradingView

Whales Take A Dip In The Pepe Pond

Not only are the PEPE spike driven by small-time investors. Big money, sometimes known as “whales” in crypto terms, are also plunging right into the frenzy. On-chain data shows a whale lately paying out a cool 1.86 million USDC for an amazing 195 billion PEPE tokens. Another whale grabbed a big 424 million PEPE, which drove the price up even.

This guy spent 1.86M $USDC to buy 195B $PEPE 12 hours ago and has now made an unrealized profit of $236K.https://t.co/TSngBKN2yC pic.twitter.com/Oszxx3nIO2

— Lookonchain (@lookonchain) May 14, 2024

But Is It All Golden Memes And Rainbows?

For early adopters, PEPE’s present course is a dream come true; nevertheless, underneath the frothy surface lies a warning story. Wild volatility of meme coins is well known. Their value is frequently derived on excitement and fads on the internet rather from strong financial foundations. This implies that a rapid change in attitude could set off a significant price collapse, therefore leaving investors with the Pepe bag empty.

Source: Lookonchain

Related Reading

Ethereum

Bullish On Ethereum: Analyst Predicts Crypto’s Imminent Takeoff

1 year ago

Moreover, PEPE is a rather new participant in the crypto scene with unknown future. PEPE lacks a demonstrated track record unlike more well-known cryptocurrencies. Its long-term survival is yet a mystery.

Featured image from @GameStopPepe/X, chart from TradingView

Tweet123Share196ShareSend
Christian Encila
Christian Encila

Christian Encila

They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

Read more

Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley!

So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects.

So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin crash

Brace For Impact: Bitcoin Price Primed For Deep Correction Below $90,000

The Bitcoin price, while still holding above $100,000, has not exactly inspired confidence in the crypto community recently. This comes...

Scott Matherson 3 hours ago
Shiba Inu

Shiba Inu Burn Explodes 3,194%: Can It Change The SHIB Price Trajectory?

Shiba Inu has seen a surge in burn activity, with the burn rate climbing by 3,194% in the last 24...

Scott Matherson 14 hours ago
Bitcoin

Amid Bitcoin Hype, Seasoned Trader Predicts Sudden Drop To This Level

Bitcoin is at a crossroads again. Prices have been bouncing between $61,000 and $104,000 for about seven months. That range...

Christian Encila 15 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Dogecoin price news

$8 Dogecoin? Analyst Says You’ll Regret Sleeping On This Chart

Jake Simmons 1 hour ago

Биткоин отражает траекторию движения золота

lisachaikina 3 hours ago

比特幣在戰爭陰影下依然穩固 3大新幣預售趁勢引爆數千萬資金吸納

Kelvin Lee 3 hours ago

Premium Sponsors

Top Brands

Press Releases

  • ETHRANSACTION Cloud Mining Platform: Opening a new era of...

    52 minutes ago
  • MEXC Unveils “Proof of Trust” Campaign for...

    52 minutes ago
  • Meme coin tiềm năng

    Meme coin tiềm năng 2025: 4 dự án nổi bật nên...

    2 hours ago
  • Solaxy Coming to Ethereum with Hyperlane, Soon to Reach $48M in Presale

    Presale Solaxy bùng nổ: Cá voi gom 495K USD, cơ hội...

    2 hours ago
  • Best altcoins

    Những Alt coin Tiềm Năng Nên Mua Cho Đợt Bull Run...

    2 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.