| Cryptocurrency | Price (USDT) |
|---|---|
| BTC | $107358.3700000000 |
| ETH | $2438.9290000000 |
| BNB | $649.9543600000 |
| XRP | $2.1862380000 |
| ADA | $0.5613123000 |
| SOL | $149.9700000000 |
| DOGE | $N/A |
| DOT | $3.4057100000 |
| LTC | $86.7900000000 |
| LINK | $13.4217200000 |
Category: CRYPTO NEWS
The post DADDY Targets $0.068 After 70% Surge; Recovery Prospects Depend on Sustained Support appeared on BitcoinEthereumNews.com. Meme coins have shown significant volatility recently, with notable surges and potential recoveries highlighted by strong price movements across multiple tokens. DADDY and PNUT have led the recent recovery with impressive gains, signaling potential market shifts amongst the meme coin sector. “The recent activity in the meme coin market suggests a possible resurgence, especially if key support levels are maintained,” notes a COINOTAG analyst. This article explores the latest price movements of key meme coins, with DADDY and PNUT leading a market recovery amidst significant volatility. Meme Coin Market Recovery: Key Insights and Price Movements The meme coin market has seen a surprising turnaround, as several tokens attempt to recover from a rough February. Notably, two of the leading tokens, DADDY and PNUT, have surged by 70% and 56%, respectively. This shift indicates that investor sentiment may be turning more favorable following a period characterized by significant drawdowns and even new all-time lows. The Resurgence of DADDY (DADDY) and Its Market Potential DADDY’s recent rally reflects a change in trader attitudes, as the cryptocurrency currently trades at $0.054 after a remarkable 70% surge. This increase has allowed DADDY to recover from earlier losses and appears to have generated renewed interest among investors. The target for further gains now stands at $0.068, although this resistance level has previously proven challenging to surpass. However, the necessity of maintaining the support level at $0.054 cannot be overstated. Should DADDY fail to hold this threshold, the threat of a decline back to $0.045 looms, which could potentially jeopardize the prevailing bullish outlook. A Closer Look at PEPE’s Downtrend and Potential for Recovery For PEPE, currently trading at $0.00000718, the scenario looks less optimistic. The token has struggled since November 2024, with pressure from ongoing market conditions. However, the strong correlation with Bitcoin (0.89) presents…
2025-03-01T14:44:33+00:00
https://bitcoinethereumnews.com/tech/daddy-targets-0-068-after-70-surge-recovery-prospects-depend-on-sustained-support/?utm_source=rss&utm_medium=rss&utm_campaign=daddy-targets-0-068-after-70-surge-recovery-prospects-depend-on-sustained-support