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Cryptocurrencies Price Prediction: Dogecoin, Toncoin & Crypto – European Wrap 2 September

Top 3 meme coins Dogecoin, Shiba Inu, Pepe: On-chain metrics show undervalued valuations amid rising activity

Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) prices rise slightly on Monday. The three meme coins’ on-chain activity shows a slowdown in whale activity, while DOGE, SHIB, and PEPE remain undervalued.

Traders looking for an entry into the meme coin could open a position in DOGE, SHIB, and PEPE as the assets remain undervalued. 

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Toncoin price is poised for rally if key support holds at the key level

Toncoin (TON) price is retesting on Monday a crucial support zone, trading broadly stable at around $5.20 in the European early session. Recent moves from large-wallet investors suggest that if Toncoin is able to hold above this key technical level, a rally for the Telegram-related token could be on the horizon.

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Crypto near August bottom

Crypto market capitalisation has fallen to $2 trillion, hitting lows since 8th August and losing almost 10% over the past seven days. The decline has slowed since the second half of last week, but the downtrend persists. The Cryptocurrency Fear and Greed Index fell to 26 (fear).

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