🐸 PEPE surges 33% in 5 days: Are new highs coming? Pepe saw another all-time high.Its Open Interest was also nearing its all-time high. Pepe [PEPE] can’t be stopped, can it? It has reached several all-time highs in price over the past few days and has just climbed to another one. These changing ATHs have also boosted the interest and trading volume for the memecoin. 🔸 Pepe hits another ATH The chart illustrated a remarkable pattern, where each new all-time high (ATH) was swiftly followed by the formation of another ATH in almost the subsequent trading session. Using the price range tool, it was evident that PEPE had surged by over 33% between the 21st of May and press time. At the time of writing, it was trading with an increase of over 1% at approximately $0.000015, marking yet another ATH. Additionally, the Relative Strength Index (RSI) indicated a strong bull trend, with a reading of over 75, signaling both bullish momentum and overbought conditions. There was also a recent surge in demand for it. 🔸 Pepe holders and volume increase Between the 15th of May to press time, the number of Pepe holders has surged by over 12,000. However, at the time of writing, this figure had risen to over 230,000, indicating a significant increase in demand for the memecoin as more traders entered the market. Moreover, its trading volume indicated heightened activity in recent days. The volume has consistently surpassed $2 billion, with a peak of over $4 billion observed on the 22nd of May. As of press time, the volume stood at over $1.5 billion. With such a high trading volume, Pepe may soon reach another all-time high (ATH). 🔸 Interest building up in Pepe Pepe’s Open Interest revealed a recent upward trend. According to Coinglass, it had surged to almost $160 million at the time of writing. The recent peak surpassed $163.5 million, marking the highest level in its history. This surge in Open Interest indicated a significant influx of cash into the memecoin at the moment. #PEPE_EXPERT
😱🚀🚀Donald Trump fuels the crypto fire: She could start the Bull! Former #US President #donaldtrump said in a post on Truth Social, a social media platform owned by Trump Media and Technology Group (TMTG), on May 25, “Our country should be the leader in this field, there is no second place.” ”I am positive and open-minded towards cryptocurrency companies, everything related to the new and emerging sector," Trump said, taking aim at current president Joe Biden, whom he will face in the presidential race in 2024, when the US elections will be held on November 4. Donald Trump is leading the race! Trump made his comments ahead of his speech at the Libertarian Party National Convention, which will be held in Washington on the same day. Trump's positive approach towards crypto recently has, of course, raised expectations for the crypto industry. According to Polymarket, a New York-based crypto forecasting platform, Trump has a 56 percent chance of winning the election, while current President Joe Biden has a 38 percent chance. This development comes just after Trump's presidential campaign announced that it would accept cryptocurrency donations. On May 21, the Trump 2024 campaign announced a fundraising page for eligible people to donate with cryptocurrency using the Coinbase Commerce product. In addition to making positive public statements about Decryption, Trump is also known to meet with crypto enthusiasts. Cointelegraph recently shared that people who bought Trump's “Mugshot” NFTs had the opportunity to dine with Trump at his Mar-a-Lago residence on May 8. The dinner was part of a deal to buy digital artworks featuring his passport photo, which was taken at the time he turned himself in at the Fulton County Jail in Georgia. #BTC☀ #BinanceSquareFamily #TradingMadeEasy