Coinbase’s Pepe Perpetual Futures Propel PEPE Token by 4% Amidst Dogeverse ICO’s $3M Surge

PEPE Price Surge

The Pepe price rose 4% in the last 24 hours to trade at $0.00000722 as of 04:30 a.m. EST on trading volume that surged 47% to $762 million. This comes as Coinbase announced plans to list PEPE perpetual futures on both Coinbase International and Coinbase Advanced.

Trading Announcement by Coinbase

Trading is set to commence on or after Apr. 18 at 9:30 a.m. UTC. PEPE soared almost 10% immediately after the announcement.

“@CoinbaseIntExch will add support for Pepe perpetual futures on Coinbase International Exchange and Coinbase Advanced. The opening of our 1000PEPE-PERP market will begin on or after 9:30am UTC on 18 APR 2024.”

PEPE Price Outlook

The PEPE price has been in a consolidation phase since November, trading within the $0.0000020 range. March saw a significant surge to a new all-time high of $0.00001064. Currently, Pepe appears to be forming a bullish pennant, with support at $0.000005.

  • PEPE is trading above the 50-day Simple Moving Average (SMA), indicating potential for further upward movement.
  • The Relative Strength Index (RSI) is at equilibrium at level 50, suggesting a possible breakout. A trend above the upper boundary of the pennant could push the RSI above the 70-overbought region.

Pepe Price Prediction

Analysis on the 4-hour chart suggests that PEPE is on a bullish trend, possibly reaching a new all-time high at $0.000013. However, a retracement to the support zone around $0.00000583 is possible if bears take control.

Dogeverse ICO

As PEPE surges, investors are also showing interest in $DOGEVERSE, a new multi-chain token launching ahead of International Doge Day on April 20. Dogeverse has already surpassed $3 million in its presale.

  • Dogeverse is built on a multichain network spanning six chains: Ethereum, BNB Smart Chain, Polygon, Avalanche, Solana, and Base.
  • The project’s mascot, Cosmo the Doge, allows for hyperjumping between crypto universe stars, enhancing multichain utility.
  • The platform offers staking options with a 358% annual percentage yield.

Participate in the Dogeverse Presale

YouTube channel Cilinix Crypto notes significant momentum behind Dogeverse’s presale and encourages participation. Interested individuals can buy $DOGEVERSE tokens for $0.000293 each via the official website using ETH, USDT, or a bank card.

Act quickly, as another price hike is expected in less than two days.

To participate, visit the official Dogeverse website and purchase $DOGEVERSE tokens.