Meme Coins Slide as Neo Pepe Presale Raises $1.3M in 72 Hours
Dogecoin (DOGE), Shiba Inu (SHIB) and Pepe (PEPE) have entered a downturn amid intensified profit-taking and shifting investor sentiment. DOGE nears critical support at $0.1710, SHIB has breached $0.00001220, and PEPE trades below its 200-day EMA. Meanwhile, Neo Pepe Coin (NEOP) in presale stage 4 has swiftly raised over $1.3 million within 72 hours. Backed by a DAO governance model and community-controlled treasury, NEOP allocates 25% to marketing, 10% each to liquidity and development, and 5% to ecosystem support. Planned listings on both decentralized and centralized exchanges aim to boost liquidity and visibility, positioning NEOP as a notable new entrant in the meme coin landscape.
Neutral
The sharp decline in established meme coins (DOGE, SHIB, PEPE) signals a bearish phase for speculative tokens under profit-taking pressure. However, Neo Pepe Coin’s successful $1.3 million presale introduces a bullish narrative for a new entrant. The mixed signals—downward momentum in legacy memes versus strong presale demand—balance out to a neutral overall market impact. Short-term, traders may shift funds from older meme coins into NEOP presale, increasing volatility. Long-term, if NEOP secures exchange listings and maintains community governance, it could attract sustained investment and reshape meme coin dynamics.