Ondo Price Prediction: ONDO Crypto Drops 3% As This 2.0 PEPE Charges Towards $11 Million

The
Ondo
price
dropped
3%
in
the
last
24
hours


to
trade
at
$0.6995

as
of
00:44
a.m.
EST
on
trading
volume
that
dropped
19%
to
$83.5
million.

This
comes
as
the
meme
coin
space

dropped
by
about
1.8%

to
a
$44.7
billion
market
capitalization.
Throughout
the
past
24
hours,
meme
coin
leaders
DOGE,
SHIB,
and
PEPE
dropped
3%,
1.7%,
and
5%,
according
to

CoinGecko
data.

Ondo
Price
Bearish,
Aims
For
A
Rebound

The
Ondo
price
went
on
a
correction
from
Aug.
12,
dropping
from
the
$0.78
resistance
and
finding
support
at
$0.66,
according
to
data
from


GeckoTerminal.

ONDO
bulls
used
the
support
zone
to
push
the
price
on
a
markup
phase
back
to
the
resistance
zone,
forming
a
bullish
rounding
bottom
pattern.
However,
Ondo’s
price
invalidated
the
pattern’s
bullish
prospects
as
it
went
through
a
falling
channel.

The
downtrend
has
pushed

Ondo
to
trade
below
the
50
and
200
Simple
Moving
Averages
(SMAs)
on
the
4-hour
chart,
suggesting
the
asset
is
currently
in
a
short-term
bearish
trend.

Moreover,
the
Relative
Strength
Index
(RSI)
is
dropping
as
it
hurtles
towards
the
oversold
region,
currently
at
38,
indicating
that
ONDO
is
under
intense
selling
pressure.

If
the
selling
continues,
the
price
of
Ondo
could
plunge
further
below
as
the
bulls
retreat
to
the
$0.66
support.

However,
the
bulls
may
take
this
as
a
buying
signal,
with
the
token
now
being
oversold
and
undervalued.
If
the
buying
begins
at
this
level,
ONDO
could
rebound
and
breach
both
the
$0.7161
and
$0.78
resistance
levels
to
target
$0.82.

As
the
Ondo
bulls
aim
for
a
rebound,
investors
are
also
buying
the
new
PEPE
alternative


Pepe
Unchained
(PEPE).

99Bitcoins,
a
crypto
YouTube
channel
with
over
706,000
subscribers,
says
PEPU
has
the
potential
to
surge
100X
after
its
launch.

Pepe
Unchained
Presale
Surges
Close
To
$11
Million
Mark
–
Best
Meme
Coin
To
Buy
Now?

Pepe’s
latest
and
most
cutting-edge
version,
complete
with
its
own
layer-2
chain
on
Ethereum,
has
now
amassed
over
$10.7
million
in
its
presale.

From
its
launch,
Pepe
has
maintained
positive
growth,
as
it
continues
to
be
among
the
top
three
biggest
meme
coins
in
terms
of
market
capitalization.

However,
Pepe
is
not
without
shortcomings.
The
token
was
originally
built
on
the
Ethereum
blockchain
and
has
long
been
confined
by
its
layer-1
technology,
which
is
highly
characterized
by
network
delays
and
rising
gas
fees.

Pepe
Unchained
is
a
token
that
is
based
on
PEPE
devising
a
plan
to
break
free
from
his
Ethereum
chains
and
embrace
the
future
with
Pepe
Unchained.
Pepe
Unchained
leverages
layer-2
blockchain
technology
to
offer
double-stock
rewards
through
its
ongoing
ICO.

The
Way
of
Pepe:
Breaking
chains,
making
gains!

pic.twitter.com/j8w3C2HfE6

—
Pepe
Unchained
(@pepe_unchained)

August
21,
2024

The
project
is
also
set
to
tackle
the
scalability,
speed,
and
efficiency
issues
that
often
plague
meme
coins
built
on
layer-1
blockchains
like
Ethereum.
As
a
result,
Pepe
Unchained
enables
investors
to
seize
market
opportunities
with
greater
efficiency.

Token
holders
can
also
earn
passively
through

the
platform’s
staking
system,
which
offers
186%
annual
rewards.

You
can
buy
PEPU
tokens
for
$0.0093105
each.
A
price
hike
is
happening
in
about
five
hours,
but
you
can
lock
in
the
best
deal
now.

Purchase

PEPU
from
the
official
website
here

using
ETH,
USDT,
or
a
bank
card.

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