Pepe Fork (PORK) Hits Multi-Month High, Market Bets on PEPE Overtake

BE[IN]CRYPTO08-31

Pepe Fork (PORK) surged to $0.00000023, logging double-digit gains before witnessing a correction. PORK's daily trading volume has surged 130% over the past 24 hours, hitting $7.02 million, the ...

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPepe Fork (PORK) Hits Multi-Month High, Market Bets on PEPE Overtake\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-31 01:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://beincrypto.com/pork-skyrockets-to-multi-month-highs/><strong>BE[IN]CRYPTO</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Pepe Fork (PORK) surged to $0.00000023, logging double-digit gains before witnessing a correction. \nPORK's daily trading volume has surged 130% over the past 24 hours, hitting $7.02 million, the ...</p>\n\n<a href=\"https://beincrypto.com/pork-skyrockets-to-multi-month-highs/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4150","symbol_name":"赌场与赌博","start_time":0,"source_url":"https://beincrypto.com/pork-skyrockets-to-multi-month-highs/","article_id":"2463581762","we_media_id":null,"thumbnails":["https://beincrypto.com/wp-content/uploads/2024/01/bic_Altcoin_Season-covers_positive-850x478.jpg.optimal.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2463581762","pubTimestamp":1725037200,"sourceInfo":{"source_id":"beincrypto_highlight","name":"BE[IN]CRYPTO"},"weMediaInfo":null,"summary":"Pepe Fork  surged to $0.00000023, logging double-digit gains before witnessing a correction.PORK's daily trading volume has surged 130% over the past 24 hours, hitting $7.02 million, the highest since June 17.Despite declining momentum, the market speculates PORK could outperform Pepe  in the short term.PORK’s daily trading volume has also spiked by over 130% during this period. Currently at $7.02 million, PORK’s trading volume has reached its highest level since June 17.“$PORK 24-hour volume is just $0.5M less than $PEPE, yet PEPE’s market cap is 64x that of PORK. You really think PORK won’t flip PEPE again? It’s not a question of if. It’s when?”Another X user also drew attention to the comparison between PORK and PEPE’s 24-hour trading volumes, urging the market to “study” PORK.Read more: 7 Hot Meme Coins and Altcoins that are Trending in 2024. At press time, the RSI has dropped to 64.89, indicating that while buying pressure remains high, selling activity has begun to take hold.","collect":0,"end_time":0,"defaultTopTitle":"beincrypto.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4150":"赌场与赌博","ATR":"Aptar","BK4126":"金属与玻璃容器","RSI":"Rush Street Interactive, Inc."},"translate_title":"佩佩叉（猪肉）创数月新高，市场押注佩佩反超","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ATR":1,"RSI":1},"content_text":"Pepe Fork (PORK) surged to $0.00000023, logging double-digit gains before witnessing a correction. \nPORK's daily trading volume has surged 130% over the past 24 hours, hitting $7.02 million, the highest since June 17. \nDespite declining momentum, the market speculates PORK could outperform Pepe (PEPE) in the short term.\n\nPepe Fork (PORK) surged to a two-month high of $0.00000023 during Thursday’s intraday trading session. Although it has since corrected, the meme coin still boasts double-digit gains over the past 24 hours.\nPORK’s daily trading volume has also spiked by over 130% during this period. Currently at $7.02 million, PORK’s trading volume has reached its highest level since June 17.\nPepe Fork May Not Be Up to Par\nThursday’s surge in PORK’s value has sparked market speculation about whether it could soon outperform Pepe (PEPE) in the short term. \n\n“$PORK 24-hour volume is just $0.5M less than $PEPE, yet PEPE’s market cap is 64x that of PORK. You really think PORK won’t flip PEPE again? It’s not a question of if. It’s when?” crypto trader Alex Gomez pointed out on X.\n\nAnother X user also drew attention to the comparison between PORK and PEPE’s 24-hour trading volumes, urging the market to “study” PORK.\nDespite the optimism, the increase in market volatility that accompanied PORK’s recent upswing suggests that the meme coin could face a short-term decline.\nRead more: 7 Hot Meme Coins and Altcoins that are Trending in 2024\nPORK Bollinger Bands. Source: TradingView\nReadings from PORK’s 12-hour chart revealed that during Thursday’s price rally, the gap between the upper and lower bands of PORK’s Bollinger Bands indicator widened significantly. This indicator measures market volatility and helps identify potential overbought or oversold conditions.\nThe upper band represents the higher range of an asset’s price movements, while the lower band tracks the lower range. A widening gap between these bands indicates increased market volatility.\nAdditionally, PORK’s Average True Range (ATR), which measures the degree of price volatility, has surged. As of now, PORK’s ATR stands at 0.0000000026, further confirming the heightened volatility surrounding the meme coin.\nPORK Average True Range. Source: TradingView\nAn increasing Average True Range (ATR) indicates that an asset’s price is experiencing massive fluctuations. This suggests that the asset is at risk of further price swings, highlighting the potential for continued volatility in the near term.\nPORK Price Prediction: Meme Coin To Witness Further Correction\nPORK’s declining momentum indicators suggest that the meme coin will experience a further correction. On Thursday, the token’s Relative Strength Index (RSI) peaked at an overbought level of 88, signaling a potential pullback.\nAt press time, the RSI has dropped to 64.89, indicating that while buying pressure remains high, selling activity has begun to take hold.\nRead more: Top 9 Safest Crypto Exchanges in 2024\nPORK Price Analysis. Source: TradingView\nPORK’s value is expected to lose more of its recent gains as buying momentum continues to decline, with the next price target set at $0.00000012. However, if new demand for the altcoin surges, driving up its value, the price could rebound to $0.00000017.\n\n\n\n\nTop crypto projects in the US | September 2024\n\n\n\nHarambe AI\nExplore\n\n\n\n\n\n\nCoinrule\nExplore\n\n\n\n\n\n\nUphold\nExplore\n\n\n\n\n\n\nCoinbase\nExplore\n\n\n\n\n\n\nChain GPT\nExplore\n\n\n\n\n\n\n\n\n\nTop crypto projects in the US | September 2024\n\n\nHarambe AI\n\n\n\n\n\n\n\n\nCoinrule\n\n\n\n\n\n\n\n\nUphold\n\n\n\n\n\n\n\n\nCoinbase\n\n\n\n\n\n\n\n\nChain GPT","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.26.4","shortVersion":"4.26.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2463581762"}