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PEPE’s market is in a tug of war, but what’s driving the memecoin’s volatility?

AMBCrypto LogoAMBCrypto2w ago

PEPE’s market is in a tug of war, but what’s driving the memecoin’s volatility? - AMBCrypto

Quick Summary:

PEPE's funding rate has seen sharp swings, with a recent spike to 0.0800% sparking market speculation.

PEPE’s market is in a tug of war, but what’s driving the memecoin’s volatility?

In fact, analysts are closely watching its funding rates, Open Interest (OI), and broader market sentiment to anticipate its next moves.

More Pictures

PEPE’s market is in a tug of war, but what’s driving the memecoin’s volatility? - AMBCrypto (Picture 1)PEPE’s market is in a tug of war, but what’s driving the memecoin’s volatility? - AMBCrypto (Picture 2)

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Article Details

Author / Journalist: Adewale Olarinde

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-08 @ 05:00:18 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Readers: 60 people read this story

Article Length: 659 words

Reading Time: 4 minutes read

Sentences: 35 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 24212828

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About AMBCrypto

AMBCrypto Logo

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 17 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

Publisher Details

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How long will it take to read this news story?

The story "PEPE’s market is in a tug of war, but what’s driving the memecoin’s volatility?" has 659 words across 35 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Which news outlet covered this story?

The story "PEPE’s market is in a tug of war, but what’s driving the memecoin’s volatility?" was covered 2 weeks ago by AMBCrypto, a news publisher based in United States.

How trustworthy is 'AMBCrypto' news outlet?

AMBCrypto is a fully independent (privately-owned) news outlet established in 2018 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 17 news stories per day.

It's most recent story was published 9 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

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  • News ID: #24212828
  • URL: https://beamstart.com/news/pepes-market-is-in-a-17336345041042

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