Cryptocurrencies Price Prediction: PEPE, Dogecoin & Bitcoin – European Wrap 26 July

Can PEPE kill SHIB just as Shiba Inu killed Dogecoin?

Crypto markets are taking a break from rallying as Bitcoin (BTC) price consolidates. But altcoins are rallying massively, and meme coins take a special place right now due to various reasons. In this article, we will pay attention to the new meme coin on the block, PEPE, which has shed 17% in under 72 hours. But this downtrend has inadvertently pushed the frog-themed crypto into an accumulation zone and could now be an opportunity for long-term investors.

Dogecoin dethrones Bitcoin in shorts liquidation as DOGE price moves closer to $0.10

Dogecoin, the largest meme coin in the crypto ecosystem, witnessed large volumes of short position liquidation over the past 24 hours. DOGE emerged as the single asset with the largest shorts liquidated in the timeframe, beating Bitcoin, according to data from Coinglass.

Bitcoin price flirts with $30,000 level as US Federal Reserve expected to resume rate hikes

Bitcoin price is ranging below $30,000, a key psychological barrier for the asset, ahead of the US Federal Reserve’s rate decision on Wednesday. Crypto market participants are closely watching the Fed’s next move to predict whether risk assets will get derailed from their rally in the ongoing alt season in July.