Pepe Price Prediction: PEPE Plunges 7% As This New Pepe Upgrade Zooms Towards $4 Million In Presale

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The
Pepe
price
plunged
7%
in
the
last
24
hours
to
trade
at

$0.000008625

as
of
4
a.m.
EST
on
trading
volume
that
surged
36%
to
$735.6
million.

PEPE
was
recently
under
the
spotlight
after
Crypto.com
announced
that
it
is
holding
a
million-dollar
giveaway
featuring
Pepe
tokens,
with
the
possibility
to
win
up
to
$25,000.

There
will
be
100,000
winners
in
total,
and
the
giveaway
ends
on
July
31.

However,
while
this
likely
helped
boost
the
token’s
price
earlier
this
week,
the
new
price
drop
comes
amid
a
market-wide
correction.
Most
of
the
top
10
largest
meme
coins
by
market
cap
are
in
the
red
today,
with
losses
of
anywhere
between
3%
and
11%.

Pepe
Price
Prediction

While
Pepe
price
did
see
a
considerable
drop
in
the
last
24
hours,
there
are
signs
that
the
situation
might
turn
for
the
popular
meme
coin
in
the
near
future.

Some
technical
indicators
are
giving
away
bullish
signals,
so
it
is
not
impossible
for
the
current
bearish
wave
to
be
suddenly
interrupted.
For
example,
Pepe’s
Bollinger
bands
remain
quite
wide,
which
is
a
good
sign.

More
than
that,
the
price
is
no
longer
pushing
the
lower
band
further
down,
but
has
instead
returned
to
the
middle
are
between
the
two
bands.

However,
the
real
hint
at
the
potential
price
recovery
comes
from
the
project’s
Relative
Strength
Index
(RSI),
which
recently
crashed
from
the
overbought
zone
to
the
oversold
area,
only
to
start
recovering
back
to
ward
the
neutral
zone.

This
suggests
that
traders
are
starting
to
buy
PEPE,
likely
due
to
its
low
price.
Buying
the
dip
is
a
common
strategy,
which
leads
to
selling
the
token
once
its
price
improves
somewhat.
But,
if
those
who
use
this
indicator
to
make
their
move
see
the
RSI
growth,
this
might
trigger
a
recovery.

For
now,
it
is
difficult
to
say
anything
for
certain,
and
each
trader
should
make
their
own
price
analysis
and
come
up
with
their
own
conclusions.
One
thing
that
can
be
said
is
that
this
is
a
highly
volatile
period,
so
getting
involved
with
the
crypto
industry
right
now
carries
a
higher
amount
of
risk
that
traders
should
be
ready
for.

Promising
Alternatives
to
Pepe

Regardless
of
what
happens
to
Pepe
in
the
hours
and
days
to
come,
there
is
no
denying
that
this
is
a
particularly
volatile
time
for
the
crypto
industry.

For
those
not
willing
to
take
on
the
risk
of
high
volatility,
there
is
an
alternative

a
new
Pepe-inspired
meme
coin
known
as

Pepe
Unchained
(PEPU)
.
Because
it’s
in
presale,
it’s
shielded
from
the
volatility
of
markets
until
it
lists.

Pepe
Unchained
is
the
newest
Pepe-based
meme
coin,
and
it
stands
out
as
the
first
Pepe
to
have
its
own
blockchain.
The
chain
in
question
is
a
Layer-2,
developed
on
Ethereum’s
network.

Thanks
to
this,

Pepe
Unchained

enjoys
the
same
Ethereum
security
as
other
Ethereum-based
tokens,
but
because
of
its
L2
chain,
it
is
free
of
the
bindings
that
hold
the
rest
of
them
back.

In
practice,
this
means
that
it
is
far
more
scalable,
with
faster
transfers,
short
wait
times,
and
much
lower
transaction
fees.

The
project
also
has
its
own
dedicated
block
explorer
for
transparency
purposes.
All
of
this
reflects
positively
on
its
ongoing
ICO,
which
has
raced
past
$3.2
million
in
funds
raised
in
about
three
weeks.

The
YouTube
channel
99Bitcoins,
which
has
over
705k
subscribers,
believes
that
the
token
has
massive
potential
and
that
it
might
even
become
the
new
dominant
version
of
Pepe.

PEPU
currently
sells
for
only
$0.0083926.
With
its
price
scheduled
to
see
its
next
increase
in
about
a
day
and
a
half,
those
interested
to
buy
should
not
wait
too
long
before
they
make
their
move.


Visit
the
official
website
here
to
buy
PEPU
tokens.

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