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Author: Admin | 2025-04-28
Short-term holders are capitulating. This is an area where price has previously formed bottoms, leading to a reversal. Furthermore, long-term holders tend to accumulate DOGE from capitulating long-term holders, adding credence to the bottom formation.PEPE Supply on exchangesPopcat (POPCAT)Popcat (POPCAT) price has crashed 70% since the November 17 peak of $2.08. As POPCAT bounces off the $0.64 key support level, the chances of a recovery rally are high. This cat-based meme coin surged 2,600% between March 2024. After getting listing on major exchanges, the uptrend for Popcat has stalled. However, if the previously seen momentum makes a comeback, this meme coin could trigger a massive rally.POPCAT/USDT 1-day chartFartcoin (FARTCOIN)Fartcoin price is another meme coin that has recently taken off. The token surged 5,700% from November 3 to December 21. Since the meme token is relatively new, it has massive momentum and could take off, triggering another leg up that could help investors turn $1K to $1M before December 31.FARTCOINEthereum tokens are showing strength in the past few days and have potential to capture more upside in the coming days. This trend signals opportunities for investors looking to grow their portfolio. As a result, these ETH-based coins could help investors turn $1K to $1M before December 31, 2024. Frequently Asked Questions (FAQs) The top five Ethereum tokens mentioned are SHIB, PEPE, DOGE, POPCAT, and FARTCOIN. The NPL indicator saw a massive negative spike, indicating capitulation and a potential reversal point for SHIB. The 30-day MVRV ratio dipping down to -22% indicates that short-term holders are capitulating, potentially leading to a bottom formation and reversal. --> Why Is Litecoin Price Up 7% Today Despite Crypto Market Correction? Bitcoin Price Down 20%: Can BTC Slip To $70K Soon? Bitcoin Plunges Below $83,000 As Fear Index Hits Lowest After FTX Collapse Crypto Prices Today
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