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FRIC Price Up 30% As Wall Street Pepe ICO Smashes $63 Million Target

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By on January 31, 2025 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post FRIC Price Up 30% As Wall Street Pepe ICO Smashes $63 Million Target appeared first on Coinpedia Fintech News

Frog-themed cryptocurrencies continue to dominate the market, and FRIC ($FRIC) is the latest to experience a massive surge.

The token has jumped more than 36% in the past 24 hours, bringing its price to $0.02822, according to data from CoinGecko.

The rally comes after strong trading volume and growing market demand, solidifying $FRIC as one of the most watched assets in the meme coin space.

However, while $FRIC rides the wave of meme-driven speculation, Wall Street Pepe ($WEPE) is taking a more strategic approach, blending meme culture with real financial tools, attracting over $63 million in presale funding.

FRIC Surges With Strong Trading Volume and Market Support

According to CoinGecko data, $FRIC’s market cap now stands at a solid $27.2 million. Additionally, the 24-hour trading volume has surged to $5.97 million, highlighting increased activity and liquidity in the market.

The token’s price movement has remained within a range of $0.01858 to $0.02843 as buyers continue to accumulate. 

This upward momentum is further confirmed by technical indicators, particularly on the 1-hour chart, where $FRIC has consistently traded above key moving averages.

The 9-period EMA (Exponential Moving Average) at $0.02531 and the SMA (Simple Moving Average) at $0.02517 have acted as support levels, reinforcing a bullish outlook.

These indicators suggest that the uptrend remains intact as long as the price holds above these moving averages.

Bollinger Bands indicate high volatility, with the upper band at $0.02848 suggesting a potential resistance level.

If $FRIC sustains trading above $0.026, continued buying pressure could push the price to a new monthly high above $0.032.

However, traders should be cautious of potential pullbacks, as profit-taking near the $0.028-$0.030 resistance may trigger short-term dips.

The next crucial support level is at $0.022, a historically strong accumulation zone, where buyers have previously stepped in to prevent deeper declines.

A sustained move above $0.030 could confirm a new bullish breakout, bringing $0.035–$0.038 into focus as the next price targets, signaling potential upside in the near term.

Wall Street Pepe ($WEPE) Emerges as a Rival to $FRIC’s Growth

While $FRIC’s rapid price increase has captured trader attention, Wall Street Pepe ($WEPE) is carving out its own space in the frog-themed crypto market.

$WEPE has already raised over $63 million in its first month of presale, proving strong investor confidence.

Unlike traditional meme coins, $WEPE blends humor with financial tools, empowering traders with market insights and exclusive signals.

$WEPE holders gain access to real-time trading signals, meme coin trend analysis, and a thriving community focused on shared growth.

At a presale price of $0.0003665, $WEPE offers an accessible entry point for investors looking for early-stage meme coin exposure.

Additionally, staking rewards reaching up to 19% APY add another layer of passive income potential, making it an attractive choice for both short-term and long-term holders.

As $FRIC continues its price ascent, traders looking for the next big meme coin may find $WEPE’s growing market presence and structured utility a more sustainable investment.

Visit WEPE Here

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