The failed rally above $2,000 on May 6 has proven that ETH bulls are nowhere near comfortable adding leveraged longs.
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The failed rally above $2,000 on May 6 has proven that ETH bulls are nowhere near comfortable adding leveraged longs.
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A memecoin whale who purchased roughly $3 million worth of the Pepe token just days ago is now sitting on an unrealized loss of around $600,000.
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Memecoins are back in the headlines as PEPE booms, taking the market capitalization of speculative tokens over $20 billion.
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The price of the new frog-themed memecoin has surged more than 4,000% since its inception on April 14.
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The price of the meme token has surged by over 2,000% in the past two weeks.
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