Pepe Price Prediction: PEPE Dives 21% In A Month As Investors Flock To This Layer-2 Meme Coin And Its 1,050% APY

The
Pepe
price
slumped
21%
in
the
past
month
and
nearly
5%
in
the
last
24
hours
to
trade
for
$0.00001151
as
of
00:15
a.m.
EST
on
trading
volume
that
plunged
10%.

It
comes
as
the
meme
coin
sector
flashes
red,
including
Dogecoin
(DOGE)
and
Shiba
Inu
(SHIB),
sending
the
sector’s
market
capitalization
down
by
almost
2%
to
$48.76
billion.

Meme
coins
are
still
making
waves!
PEPE
Coin
recently
saw
a
13%
drop,
but
there’s
excitement
around
Kai
Cat
Coin
as
it
gains
momentum.
Is
this
the
next
big
contender
in
the
world
of
crypto?
Keep
an
eye
on
it!
????????

#Crypto

#MemeCoins

#PEPECoin

#KaiCatCoin

pic.twitter.com/kAiFq16ewR

—
Meme
Lord
(@meme_llordd)

July
2,
2024

Pepe
Price
Prediction

The
Pepe
price
is
testing
the
lower
boundary
of
an
ascending
parallel
channel.
While
the
big
picture
remains
bullish,
this
outlook
is
threatened
as
the
meme
coin
records
lower
highs.
If
the
support
confluence
between
the
50%
Fibonacci
placeholder
of
$0.00001071
and
the
lower
boundary
of
the
channel
break,
the
Pepe
price
could
roll
over.

Such
a
directional
bias
could
see
the
altcoin
sweep
the
sell-side
liquidity
residing
underneath
before
a
possible
recovery.
Traders
may
consider
placing
their
stop
losses
around
the
$0.00001000
psychological
level
in
the
regard.

However,
in
the
dire
case
where
selling
pressure
overpowers
buyer
momentum,
the
Pepe
price
could
extend
the
fall.
Such
a
move
would
see
the
frog-themed
token
provide
another
buying
opportunity
around
the
$0.00000776
support
level.

Notice
the
lower
highs
on
the
Relative
Strength
Index
(RSI),
signifying
falling
momentum.
Its
position
below
the
mean
threshold
of
50
coupled
with
the
position
of
the
Moving
Average
Convergence
Divergence
(MACD)
in
negative
territory
tilts
the
odds
further
in
favor
of
the
bears.

GeckoTerminal:
PEPE/USD
1-day
chart

On
the
other
hand,
if
the
50%
Fibonacci
placeholder
holds
as
a
support
floor,
the
Pepe
price
could
find
a
turnaround
here.
While
a
flip
of
the
$0.00001335
resistance
level
into
a
support
would
be
ideal,
the
bearish
thesis
will
only
be
invalidated
once
the
price
clears
the
$0.00001800
threshold.

As
the
Pepe
price
fights
to
hold
above
the
critical
support,
investors
are
piling
into
the
new
meme
coin
presale
Pepe
Unchained
(PEPU),
which
has
rocketed
to
$1.88
million
in
funds
raised
after
bagging
more
than
$660k
in
the
past
48
hours

According
to
99Bitcoins,
a
crypto
channel
on
YouTube,
PEPU
is
one
of
the
best
cryptos
to
buy
now,
with
the
potential
to
soar
100X
after
its
launch.

Promising
Alternative
To
PEPE

Pepe
Unchained
aims
to
emulate
the
success
of
predecessor
PEPE,
which
has
delivered
mind-blowing
returns
to
investors.

As
its
name
suggests,
Pepe
Unchained
aims
to
set
Pepe
free
from
his
old,
clunky
Layer-1
world.
PEPU
will
achieve
this
by
running
on
its
own
proprietary
Ethereum
Layer
2
blockchain.

It’s
thus
tackling
issues
that
often
plague
meme
coins
running
on
the
Ethereum
Layer-1
blockchain,
including
scalability,
speed,
and
efficiency.

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

Token
holders
can
earn
passively
through the
platform’s
staking
system,
which
offers
an
annual
percentage
yield
(APY)
of
1,050%.
More
than
152
million
PEPU
tokens
are
already
staked.
The
distribution
of
rewards
will
occur
at
a
rate
of
608.82
PEPU
tokens
per
ETH
block,
to
be
disbursed
over
2
years.

You
can
buy
$PEPU
tokens
for
$0.0081939
each.
With
a
price
hike
coming
in
less
than
21
hours,
buy
soon
to
lock
in
the
best
deal.

Visit
and
buy
Pepe
Unchained
here.

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