With a staggering 70% drop since its all-time high, Pepe Coin’s downward trajectory raises questions about the volatility and unpredictability of the cryptocurrency market. The recent significant decline of Pepe Coin, a prominent cryptocurrency, has caught the attention of investors and enthusiasts alike. Market outperformers include ACA, PEPE, and FLM, up by 60%, 38%, and 24%, respectively.Top stories of the day:Ripple Obtains In-Principle Approval for Major Payments Institution License in Singapore Valkyrie Joins Rush With BTC Spot ETF Application to Go With Its Futures, Miners ETFs Fed Sees Stablecoin As Form of Money, Wants ‘robust’ Role in Its Oversight, Powell Says Bitcoin Surges Above $29,000 Conflux, Bitcoin Cash Among Top Gainers US Lawmakers Propose Bills to Hold Bank Execs Accountable for Failures and Address Risks Wall Street-Backed Cryptocurrency Exchange EDX Goes Live Major Investment Firm Invesco Reapplies for Bitcoin Spot ETF GBTC Trading Volume Surges to $10.24M Post BlackRock Entry Indonesia Fuels Crypto Market: Legalizes Ripple’s XRP and 500 More Cryptocurrencies Bitcoin Up 36% YoY After China Warned BTC Was ‘heading to Zero’ Market movers:ETH: $1909.8 (+5.38%)BNB: $253.6 (+2.09%)XRP: $0.5098 (+2.87%)ADA: $0.3045 (+9.30%)DOGE: $0.06838 (+6.38%)SOL: $17.37 (+3.15%)TRX: $0.07341 (+3.42%)MATIC: $0.6935 (+7.05%)LTC: $87.12 (+3.22%)DOT: $4.926 (+4.79%)Top gainers on Binance:ACA/BUSD (+60%)PEPE/BUSD (+38%)FLM/BUSD (+24%) As of 09:30 AM (UTC) today, BTC is trading at $30,165, up by 4.32%.Most major cryptocurrencies by market cap are trading higher. The global cryptocurrency market cap now stands at $1.18T, up by 4.12% over the last day, according to CoinMarketCap data.Bitcoin (BTC) has been trading between $28,801 and $30,800 over the past 24 hours. The ultimate goal is to reach over 100,000 holders and achieve a complete meme takeover. This encompasses launching Pepe merchandise, establishing Pepe Academy, developing Pepe Tools, and obtaining listings on Tier-1 exchanges. Phase 3 - Meme Takeover: The final phase is all about achieving mass adoption and expanding the PEPE ecosystem. Additionally, the aim is to secure listings on centralized exchanges (CEX) and reach over 10,000 holders. This includes forming community partnerships, launching the Pepe Times digital newsletter, and creating a token-gated Discord group called Pepe Palace for holders. Phase 2 - Vibe and HODL: In this phase, the focus shifts to building a strong community and expanding the coin's reach. The goals include getting the coin listed on CoinGecko and CoinMarketCap, reaching over 1,000 holders, and using the power of memes to get $PEPE trending on Twitter. Phase 1 - Meme: This phase is centered on launching the PEPE coin and establishing its presence in the market. Based on the information provided on the PEPE.VIP website, the development of the PEPE coin can be divided into three distinct phases:
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