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Cryptocurrencies Price Prediction: PEPE, Dogwifhat & XRP — American Wrap 26 June

PEPE holders realize over $18 million in gains in ten days, wipe out nearly 4% in value

Pepe (PEPE) is trading at 0.00001248, down nearly 4% on Wednesday. The frog-themed meme coin noted consistent profit-taking by traders in the past ten days. 

Consistent profit-taking typically increases selling pressure on an asset and is likely to push the price lower. On-chain data trackers observed a spike in PEPE deposits to centralized exchanges, contributing to the rising selling pressure. 

Dogwifhat price breakout signals potential rally above $2.1 resistance

Dogwifhat (WIF) price broke out of a descending trendline on Tuesday and is trading above $2 as of Wednesday. On-chain data reveals that the largest whale has accumulated 2.3 million tokens valued at $4.67 million, indicating potential for an upside rally in the coming days.
Ripple (XRP) executive Brad Garlinghouse is making headlines for his statement on Securities and Exchange Commission (SEC) Gary Gensler’s remarks on crypto. Gensler said crypto is a field where either the executives are in jail or awaiting extradition. 
 

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