Pepe Price Prediction: PEPE Plunges 3% As Experts Say This Layer-2 Alternative Might Be The Best Crypto To Buy Now

The
Pepe
price
slumped
3%


to
trade
at
$0.000009741

as
of
00:22
a.m.
EST
on
trading
volume
that
plunged
19%
to
$1
billion.

This
comes
as
the
meme
coin
space
gained
1%
in
the
last
24
hours
to
reach
a
market
cap
of
$74.9
billion.

Pepe
Price
Could
Be
Moving
Towards
A
Bullish
Trend
Reversal

The
Pepe
price
has
been
on
an
uptrend
in
October,
as
the
bulls
took
charge
within
the
$0.000008992
support,
and
the
price
soared
through
a
rising
channel
pattern,
according
to
data
from


GeckoTerminal.

However,
a
recent
bearish
trend
allowed
the
price
to
plunge
below
the
channel’s
lower
boundary,
and
now
PEPE
is
trading
within
a
consolidation
phase.

The
slight
correction
has
now
pushed
the
Pepe
price
to
trade
below
both
the
50-day
and
200-day
Simple
Moving
Averages
(SMAs).

Moreover,
the
Relative
Strength
Index
(RSI)
is
at
38.98,
which
is
close
to
the
oversold
region
(below
30).
This
indicates
that
the
asset
is
slightly
bearish
but
not
yet
heavily
oversold.
There
may
be
room
for
further
downward
movement,
but
it’s
also
a
potential
area
for
a
bounce
as
buyers
might
step
in
if
the
RSI
dips
further.

The
Moving
Average
Convergence
Divergence
(MACD)
is
showing
signs
of
a
positive
trend,
as
it
crosses
above
the
orange
signal
line,
forming
a
bullish
crossover.

A
successful
bullish
trend
reversal
at
this
level
could
see
the
price
of
Pepe
rebound
from
the
current
price,
with
the
$0.000012
resistance
acting
as
the
next
possible
target.

However,
if
the
bears
take
charge
of
the
price
at
this
level,
the
price
of
Pepe
could
plunge
to
the
$0.0000090
support
level.

As
the
Pepe
price
aims
for
a
bullish
rally,
investors
are
rushing
to
buy
a
new
badass
Pepe
alternative
called


Pepe
Unchained
(PEPU),

which
is
one
of
the
most
successful
presales
of
the
year.

YouTube
channel
99Bitcoins,
with
over
706K
subscribers,
says
it
has
the
potential
to
soar
100X
after
launch.

Pepe
Unchained
Soars
Past
$22
Million

The
blockbuster


Pepe
Unchained

presale
has
raised
a
massive
$22.3
million
as
investors
buy
into
the
idea
that
it
represents
a
quantum
leap
for

the
Pepe
ecosystem.

This
innovative
project
comes
with
its
own
Layer
2
blockchain
that
is
designed
to
free,
or
”unchain,”
the
OG
PEPE
meme
coin
from
its
clunky
Layer
1
network
on
Ethereum.

The
project
addresses
fundamental
challenges
that
plague
traditional
Layer
1
blockchains
like
Ethereum.
Through
its
advanced
Layer
2
solution,
Pepe
Unchained
significantly
reduces
transaction
costs
and
brings
transaction
speeds
estimated
at
up
to
100
times
faster.

Who
needs
some
Brain
Powder?

Pepe
is
gearing
up
for
the
official
launch
of
his
very
own
blockchain!
????

pic.twitter.com/kZC72UmxFy

—
Pepe
Unchained
(@pepe_unchained)

June
20,
2024

Token
holders
can
also
earn
passively
through

the
platform’s
staking
system,
which
offers
an
annual
percentage
yield
(APY)
of
102%.

You
can
buy
$PEPU
tokens
for
$0.01177
each
currently.
With
a
price
hike
coming
in
about
14
hours,
buy
soon
to
lock
in
the
best
deal.

To
join
the
presale,


buy
$PEPU
from
the
official
website
here

using
ETH,
USDT,
or
a
bank
card.

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