Bitcoin rise in price, giving a green candle to memecoin (Pepe)

[Fivestar4everMVP]

             -     I honestly notice that when there is a retracement in the price value of Bitcoin, the same thing happens with the top altcoins/cryptos in the market.
And if the price of a meme coin turns green despite the fact that the value of Bitcoin is in the red, it is clear that it is only a temporary pump that is happening to those meme coins for sure.

So when the price of Bitcoin happens to rally, it is for sure that the price of those meme coins will also fall, except for the meme coins that are on the top list in the market, like Pepe, which is also like a shadow of bitcoin when it rises in the market.

I agree with what is you said. Cryptocurrency market is connected and Bitcoin price affects other coins. When Bitcoin price goes down other coins usually go down too. When Bitcoin is price goes up it pull other coins up with it. But if meme coin goes up when Bitcoin goes down it is probably just temporary boost, not real increase.

Only exception is strong meme coins like Pepe which follow Bitcoin movements and are more stable. This shows how important it is to understand how market works and be careful of price changes that might not last.

The truth of the matter is that cryptocurrencies are not supposed to be connected in terms price, every crypto asset is supposed to increase and decrease in their prices based on their development and other factors that drives price movements.
But then, the bitcoin still seems to control the entire crypto market due to its market dominance level, this shows that the crypto market is still pretty young, what we all should be looking forward to is a market that is so mature that Bitcoin's dominance is equally distributed amongst other crypto assets to make their individual prices more independent on Bitcoin's price movement.

[legend45]

             -     I honestly notice that when there is a retracement in the price value of Bitcoin, the same thing happens with the top altcoins/cryptos in the market.
And if the price of a meme coin turns green despite the fact that the value of Bitcoin is in the red, it is clear that it is only a temporary pump that is happening to those meme coins for sure.

So when the price of Bitcoin happens to rally, it is for sure that the price of those meme coins will also fall, except for the meme coins that are on the top list in the market, like Pepe, which is also like a shadow of bitcoin when it rises in the market.

I agree with what is you said. Cryptocurrency market is connected and Bitcoin price affects other coins. When Bitcoin price goes down other coins usually go down too. When Bitcoin is price goes up it pull other coins up with it. But if meme coin goes up when Bitcoin goes down it is probably just temporary boost, not real increase.

Only exception is strong meme coins like Pepe which follow Bitcoin movements and are more stable. This shows how important it is to understand how market works and be careful of price changes that might not last.

The truth of the matter is that cryptocurrencies are not supposed to be connected in terms price, every crypto asset is supposed to increase and decrease in their prices based on their development and other factors that drives price movements.
But then, the bitcoin still seems to control the entire crypto market due to its market dominance level, this shows that the crypto market is still pretty young, what we all should be looking forward to is a market that is so mature that Bitcoin's dominance is equally distributed amongst other crypto assets to make their individual prices more independent on Bitcoin's price movement.

Bitcoin is a pioneer from Crypto Currency and is still a center of Crypto, so it can be said that the movement of Bitcoin will always be followed by Altcoin and that has been happening. This will always happen until there is a Bitcoin replacement coin but until now Bitcoin is still the strongest and Altcoin can not decisively in the price. In even trading I also saw Bitcoin first analyzed his assessment and then decided to buy which altcoin had the potential to be traded, so Bitcoin remained a reference in analyzing Altcoin.

[bitterguy28]

Bitcoin is a pioneer from Crypto Currency and is still a center of Crypto, so it can be said that the movement of Bitcoin will always be followed by Altcoin and that has been happening.

it’s not a secret that bitcoin does set the tone for the rest of the markets generally if it’s not performing so well, so does the rest of altcoins but the altcoins we choose will not all perform well the moment bitcoin does

it still depends on the altcoin if it will actually be successful and to how much extent it can give you profit

[Wiseman]

I'm a little doubtful about this, especially meme coins that usually only rely on hype. I'm afraid, hype coins will only be valuable when they're hype. When the hype period is over, they will be replaced by other newer hype coins. Yes, this will continue to happen.
So it will be quite risky to hold meme coins even just to prepare for the bullish era. Because it might be quite tricky to see and choose which meme coins have the potential. So, this is to make the holders understand the risks. If you want a risk that is quite challenging, then hype meme coins are the choice.

You greatly underestimate this meme token market, these are not just coins for pumps but you also need to understand that these coins are created in order to get a lot of profit on them and it is not necessary that it will be only 1-2 times, you can get profit from them hundreds of times, because meme coins are very easy to promote and they are very much loved by newcomers who do not think about the fundamentals and usefulness of the project but think only about profit or super profit and they easily part with their money inflating the price of such tokens allowing others to earn very well and inflate and think up the price can be very many times getting profit on such tokens.)

I also agree with you. We know that, when bitcoin price is high level than other coin price gradually increase. But if we follow in cryptocurrency market, we can see that when bitcoin price will increase than gradually altcoin and other coin price will be increase gradually. Because we believe that crypto market crypto currency market will most depend on bitcoin. So i believe that when bitcoin price will be high than PePe coin price will increase.

Coins like Pepe have been on the cryptocurrency market for a very long time and such coins follow Bitcoin, other coins, new or with their own blockchain, can move on their own, but basically I agree with you, Bitcoin is the main driver for all other cryptocurrencies.

[rizqillah]

Bitcoin is a pioneer from Crypto Currency and is still a center of Crypto, so it can be said that the movement of Bitcoin will always be followed by Altcoin and that has been happening.

it’s not a secret that bitcoin does set the tone for the rest of the markets generally if it’s not performing so well, so does the rest of altcoins but the altcoins we choose will not all perform well the moment bitcoin does

it still depends on the altcoin if it will actually be successful and to how much extent it can give you profit

That's right, it all depends on the ability of the altcoin itself even though bitcoin is the center of the movement of almost all altcoins, but if the altcoin does not have good potential, it is likely to have difficulty reaching the targeted price. but during the bullish season almost all altcoins will experience an increase in price including meme coins.

[Rubel007]

-snip-
Currently, pepecoin is at a low price of 0.00000782, causing many investors who invested at a high price to have lost investment in Pepecoin. However, there's a tendency that Pepecoin will be among the coins to recover in price the moment Bitcoin begins to show green candlelight

I don't think it's just pepecoins, all altcoins will experience a price recovery when the price of Bitcoin rises or reaches a new ATH, or the best time when Bitcoin sideways above the new ATH.

Those who enter pepecoin at a high price cannot predict when a decline will occur, they do not provide capital reserves to make a repurchase when the price crashes when bitcoin falls.

It was a fatal mistake, initially it was quite profitable in pepecoin during the hype, but now it is a loss because it does not sell it when the profit is obtained.

All coins always follow the movement of bitcoin prices, not just pepe coin. Because bitcoin is the king of crypto currency which is always followed by altcoins. I don't have pepe coin, because I only invest in top coins. I'm not a mem coin lover, so I have no intention of buying mem coin even though it's hype.

When the Bitcoin candle stick is green, the price of almost all coins increases significantly. Again when the bearish trend comes red signal in all crypto markets ‍arrived. But those coins which have not strong base may not show any change even in a good moment. Most of the time as Bitcoin's influence in the market increases, so does pepe coin's influence as meme coin. These coins changed drastically during Bitcoin's bull run. Within moments, the value of some meme coins increases significantly. Pepe coin has a large community and after increase the price of bitcoin Pepe will also skyrocket in the crypto market. In the case of investment, the investor is responsible for his own profit and loss. So it is better to be careful before investing.

[SmartGold01]

-snip-
Currently, pepecoin is at a low price of 0.00000782, causing many investors who invested at a high price to have lost investment in Pepecoin. However, there's a tendency that Pepecoin will be among the coins to recover in price the moment Bitcoin begins to show green candlelight

I don't think it's just pepecoins, all altcoins will experience a price recovery when the price of Bitcoin rises or reaches a new ATH, or the best time when Bitcoin sideways above the new ATH.

Those who enter pepecoin at a high price cannot predict when a decline will occur, they do not provide capital reserves to make a repurchase when the price crashes when bitcoin falls.

It was a fatal mistake, initially it was quite profitable in pepecoin during the hype, but now it is a loss because it does not sell it when the profit is obtained.

All coins always follow the movement of bitcoin prices, not just pepe coin. Because bitcoin is the king of crypto currency which is always followed by altcoins. I don't have pepe coin, because I only invest in top coins. I'm not a mem coin lover, so I have no intention of buying mem coin even though it's hype.

When the Bitcoin candle stick is green, the price of almost all coins increases significantly. Again when the bearish trend comes red signal in all crypto markets ‍arrived. But those coins which have not strong base may not show any change even in a good moment. Most of the time as Bitcoin's influence in the market increases, so does pepe coin's influence as meme coin. These coins changed drastically during Bitcoin's bull run. Within moments, the value of some meme coins increases significantly. Pepe coin has a large community and after increase the price of bitcoin Pepe will also skyrocket in the crypto market. In the case of investment, the investor is responsible for his own profit and loss. So it is better to be careful before investing.

Bitcoin is the sole mover of the market and whatever happens to bitcoin it surely affect other coin be it negative or positive other coins follows immediately. For memecoin it is usual for them to moon without even waiting for the market increase, especially they are mostly being hyped over night or when a famous media influencer happen to buy and hold it you would see how he will promote them. I still remember in the time of John Mcafee

[dekafee79]

Bitcoin is the sole mover of the market and whatever happens to bitcoin it surely affect other coin be it negative or positive other coins follows immediately. For memecoin it is usual for them to moon without even waiting for the market increase, especially they are mostly being hyped over night or when a famous media influencer happen to buy and hold it you would see how he will promote them. I still remember in the time of John Mcafee

meme coin is a coin that waits for hype and is popularized first before its price goes up, meme coin will not wait for bitcoin to move up, it will hype its price up then experience a price drop. because meme coin is suitable for short term, this coin is not suitable for long term, this is according to my analysis.

[SmartGold01]

Bitcoin is the sole mover of the market and whatever happens to bitcoin it surely affect other coin be it negative or positive other coins follows immediately. For memecoin it is usual for them to moon without even waiting for the market increase, especially they are mostly being hyped over night or when a famous media influencer happen to buy and hold it you would see how he will promote them. I still remember in the time of John Mcafee

meme coin is a coin that waits for hype and is popularized first before its price goes up, meme coin will not wait for bitcoin to move up, it will hype its price up then experience a price drop. because meme coin is suitable for short term, this coin is not suitable for long term, this is according to my analysis.

I won't even encourage someone to venture into investment with memecoin like sincerely because it's hype is much and if such person aren't careful he would end up losing. Of course you are right it doesn't follow the bitcoin price rather being popularized on social media and various places before the price got soared for a only few weeks or months there after then price dump, while the smart people cash out good sum of money.

[malah]

Bitcoin is the sole mover of the market and whatever happens to bitcoin it surely affect other coin be it negative or positive other coins follows immediately. For memecoin it is usual for them to moon without even waiting for the market increase, especially they are mostly being hyped over night or when a famous media influencer happen to buy and hold it you would see how he will promote them. I still remember in the time of John Mcafee

meme coin is a coin that waits for hype and is popularized first before its price goes up, meme coin will not wait for bitcoin to move up, it will hype its price up then experience a price drop. because meme coin is suitable for short term, this coin is not suitable for long term, this is according to my analysis.

I won't even encourage someone to venture into investment with memecoin like sincerely because it's hype is much and if such person aren't careful he would end up losing. Of course you are right it doesn't follow the bitcoin price rather being popularized on social media and various places before the price got soared for a only few weeks or months there after then price dump, while the smart people cash out good sum of money.

In a majority of cases, memecoins are affected by new trends, especially on social media; the price rates may sharply rise. Otherwise, investing in them becomes very risky because of the high levels of volatility, and we may end up losing all our cash.

These investments rise and fall extremely in a short span of time thus more advantageous to investors who venture big. In this respect, it concerns us as investors, to keep our investments safe since some of these opportunities are based on quite shaky ground, as we should limit ourselves to assets that present less risk.

[SmartGold01]

Bitcoin is the sole mover of the market and whatever happens to bitcoin it surely affect other coin be it negative or positive other coins follows immediately. For memecoin it is usual for them to moon without even waiting for the market increase, especially they are mostly being hyped over night or when a famous media influencer happen to buy and hold it you would see how he will promote them. I still remember in the time of John Mcafee

meme coin is a coin that waits for hype and is popularized first before its price goes up, meme coin will not wait for bitcoin to move up, it will hype its price up then experience a price drop. because meme coin is suitable for short term, this coin is not suitable for long term, this is according to my analysis.

I won't even encourage someone to venture into investment with memecoin like sincerely because it's hype is much and if such person aren't careful he would end up losing. Of course you are right it doesn't follow the bitcoin price rather being popularized on social media and various places before the price got soared for a only few weeks or months there after then price dump, while the smart people cash out good sum of money.

In a majority of cases, memecoins are affected by new trends, especially on social media; the price rates may sharply rise. Otherwise, investing in them becomes very risky because of the high levels of volatility, and we may end up losing all our cash.

These investments rise and fall extremely in a short span of time thus more advantageous to investors who venture big. In this respect, it concerns us as investors, to keep our investments safe since some of these opportunities are based on quite shaky ground, as we should limit ourselves to assets that present less risk.

Yes that is why bitcoin is always the right options for investment than altcoin due to its high level of volatility can hamper price and make one entirely lose their investment, but with bitcoin there is a limitation to lose and even though you lose there is every possibility that if the person hold back BTC for long the price would definitely bounce back to meet up with the previous price level. But if same happens to altcoin it would never rise again and that would be their finals.

[Hisbullah]

Yes that is why bitcoin is always the right options for investment than altcoin due to its high level of volatility can hamper price and make one entirely lose their investment, but with bitcoin there is a limitation to lose and even though you lose there is every possibility that if the person hold back BTC for long the price would definitely bounce back to meet up with the previous price level. But if same happens to altcoin it would never rise again and that would be their finals.

Bitcoin Sellau is a favorite coin and is suitable for long -term hold. Because bitcoin will be more popular and more expensive in the future ... so if we have bitcoin and suddenly the price falls should be held and tungi until the market will improve again.
There are several potential altcoins that can also be held and safe such as Ethereum and BNB, these are two of my favorite altcoin.

[Blaze]

Bitcoin is the sole mover of the market and whatever happens to bitcoin it surely affect other coin be it negative or positive other coins follows immediately. For memecoin it is usual for them to moon without even waiting for the market increase, especially they are mostly being hyped over night or when a famous media influencer happen to buy and hold it you would see how he will promote them. I still remember in the time of John Mcafee

meme coin is a coin that waits for hype and is popularized first before its price goes up, meme coin will not wait for bitcoin to move up, it will hype its price up then experience a price drop. because meme coin is suitable for short term, this coin is not suitable for long term, this is according to my analysis.

Indeed, meme coins totally act based on enthusiasm and sooner or later their prices start fluctuating. Since they move more based on emotive indicators than evidenced ones, we should be cautious of the sharp changes that fade frequently. When it comes to investing for long term this stability is crucial, however, it may not exactly apply to meme coins. However, for those who intend to use options in the short term, these coins can be rather an interesting concept while keeping all the risks in mind.