Flare Price Prediction: FLR Dives 17% In Latest Crypto Selloff As Investors Flock To This Layer-2 PEPE Derivative For Parabolic Gains

The
Flare
price
slumped
17%
in
the
last
24
hours
to
trade
for
$0.01966
as
of
01:04
a.m.
EST.

FLR
token’s
dump
comes
amid
a
crypto
crash
that’s
seen
a
bloodbath
for
altcoins
as
bearish
sentiment
prevails
in
the
Bitcoin
market
that
dominates
the
trading
of
digital
assets.

#Flare

$FLR
looks
almost
identical
to
Bitcoin’s
bear
market
after
the
2018
bull
run

We
are
at
max
fear
right
now

I’m
a
buyer

pic.twitter.com/7wWUiuGSDS

—
Flare
Vault
(@FV887606)

July
5,
2024

That
bearish
sentiment
has
caused
traders
to
disregard
bullish
developments
in
the
Flare
network.
Among
them,
Flare,
a
Layer
1
blockchain,
integrated
with
LayerZero
V2
to
connect
with
75
different
blockchain
networks.

This
will
see
the
Flare
ecosystem
enhance
the
potential
for
decentralized
applications
(DApps)
by
enabling
data
sharing
across
networks.

????

@LayerZero_Labs
announces
integration
with

@FlareNetworks

#LayerZero
integrates
with

#Flare,
a

#Layer1
blockchain
that
operates
on
the
EVM
framework.
Through
this
integration,
Flare
will
connect
with
75
other
chains
and
get
access
to
more
than
50,000
decentralized…

pic.twitter.com/Rl86VDwnuP

—
PHOENIX
–
Crypto
News
&
Analytics
(@pnxgrp)

July
4,
2024

Flare
Price
Prediction

The
Flare
price
is
trading
with
a
bearish
bias,
recording
lower
highs
as
it
consolidates
within
a
falling
parallel
channel.
Looking
at
the
Relative
Strength
Index
(RSI)
position
below
30,
however,
there
may
be
no
more
downside
as
FLR
is
already
oversold.
This
means
a
recovery
may
be
imminent
but
is
pending
confirmation.

Traders
looking
to
capitalize
on
the
prospective
pullback
should
wait
for
the
RSI
to
break
and
close
above
the
30
threshold
in
the
one-day
timeframe.
Meanwhile,
the
chart
shows
that
the
Flare
price
could
continue
south.
The
Awesome
Oscillator
(AO)
is
in
negative
territory
accentuating
the
prevailing
bearish
sentiment
in
the
FLR
market.

If
the
centerline
of
the
channel
fails
to
hold
as
a
support,
the
Flare
price
could
extend
the
fall
to
the
depths
of
$0.01500.

TradingView
on
CoinGecko:
FLR/USD
1-day
chart

On
the
flip
side,
if
a
pullback
does
happen,
the
Flare
price
could
recover
with
the
bulls
seizing
the
opportunity
to
buy
the
dip.
The
ensuing
demand
pressure
could
see
the
Flare
price
recover.
Nevertheless,
only
a
candlestick
close
above
$0.04156
would
invalidate
the
bearish
thesis.

As
the
Flare
price
continues
to
dump,
some
experts
say
investors
should
consider
Pepe
Unchained
(PEPU),
a
layer-2
meme
coin
ICO
that’s
blasted
past
$2.3
million
in
funds
raised
in
less
than
three
weeks.

YouTube
channel
99Bitcoins,
boasting
over
705K
subscribers,
says
PEPU
is
one
of
the
best
cryptos
to
buy
now
with
the
potential
to
soar
100X
after
its
launch.

Promising
Alternative
To
Flare

Pepe
Unchained
is
a
meme
coin
project
following
in
the
footsteps
of
meme
coin
titan
Pepe
(PEPE).
But
PEPU
is
a
big
upgrade
on
PEPE
because
it
brings
its
own
proprietary
Ethereum
Layer
2
blockchain.

With
this,
Pepe
Unchained
looks
to
address
the
scalability,
speed,
and
efficiency
issues
that
often
plague
meme
coins
built
on
the
Ethereum
Layer-1
blockchain.

Pepe
has
broken
his
chains
with
his
own
layer
2
blockchain
solution:

????
Instant
bridging
between
ETH
and
Pepe
Chain
????
Lowest
transaction
fees
????
100x
faster
transaction
speeds
compared
to
ETH
????
Dedicated
Block
Explorer

Join
the
future
with
Pepe
Unchained!
⛓️????

pic.twitter.com/hluCsuV1Xz

—
Pepe
Unchained
(@pepe_unchained)

July
1,
2024

As
a
Layer-2
(L2)
blockchain
meme
coin,
Pepe
Unchained
will
allow
investors
to
seize
market
opportunities
with
greater
efficiency.
Instead
of
HODLing
and
waiting,
investors
can
consider
staking
their
tokens
for
an
825%
annual
percentage
yield
(APY).

Congratulations
to
the
early
joiners
who
secured
Pepe
Unchained
at
the
perfect
time
????

Join
now
before
the
next
stage
begins!

pic.twitter.com/ykaW2rAwho

—
Pepe
Unchained
(@pepe_unchained)

July
3,
2024

You
can
buy
$PEPU
tokens
for
$0.0082596
each.
With
a
price
hike
coming
in
a
little
more
than
20
hours,
buy
soon
to
lock
in
the
best
deal.

Visit
and
buy
Pepe
Unchained
here.

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