Pepe Price Prediction: PEPE Plunges 14% In Crypto Crash As Experts Say Buy The Dip With Sheltered ICOs Like This Pepe 2.0

The
Pepe
price
plunged
14%
in
the
last
24
hours


to
trade
at
$0.000008028

as
of
03:35
a.m.
EST
on
trading
volume
that
skyrocketed
42%
to
$1.3
million.

The
token
has
shed
34%
in
the
last
week,
making
it
the
biggest
loser
among
the
top
three
meme
titans.
DOGE
and
SHIB
have
both
plunged
22%
in
the
same
time
amid
a
brutal
crypto
crash
triggered
by
Bitcoin’s
11%
plunge
in
the
last
seven
days.

The
Bitcoin
price
plummeted
to
a
four-month
low
on
Friday
as
signs
of
an
impending
distribution
by
defunct
crypto
exchange
Mt.
Gox
ramped
up
selling
pressure
on
the
token.

3/
Mt.
Gox
Repayments
????

One
possible
impact
is
the
upcoming
distribution
of
Bitcoin
from
Mt.
Gox,
the
defund
exchange
that
lost
a
massive
amount
of
crypto
in
a
2014
hack.
This
long-awaited
distribution
will
see
over
$9.4
billion
worth
of
Bitcoin
returned
to
approximately…

—
Blockchain.com
(@blockchain)

July
4,
2024

Additionally,
the
German
government
has
been
moving
more
than
$75
million
of
crypto
confiscated
from
a
piracy
website
into
exchanges,
triggering
market-wide
concerns
over
the
risk
of
a
mass
selloff.

Pepe
Price
On
A
Bearish
Trend
Within
A
Falling
Channel
Pattern

The
Pepe
price,
after
hitting
an
all-time
high
(ATH)
of
$0.00001717,
has
been
on
a
downtrend,
trading
within
the
falling
channel
pattern,
according
to
data
from


GeckoTerminal. 

PEPE
sustained
the
bearish
trend,
with
the
token
dropping
below
the
$0.0000111
critical
support
(50-day
Simple
Moving
Average
(SMA)).
Moreover,
the
token
still
trades
below
the
200-day
and
50-day
SMAs,
which
confirms
the
bearish
stance.

The
Relative
Strength
Index
(RSI)
is
also
trading
below
the
30-oversold
level,
currently
at
17,
an
indication
that
sellers
have
an
upper
hand
and
the
asset
is
undervalued.

With
the
token
being
undervalued,
investors
may
start
buying
the
asset,
possibly
staging
a
bullish
trend
reversal.
In
this
scenario,
the
price
of
Pepe
could
soar
above
the
channel
as
the
bulls
target
the
immediate
resistance
zones
at
$0.000011
and
$0.0000121
(50-day
and
200-day
SMAs).

However,
if
the
bears
sustain
the
current
trend,
the
PEPE
price
could
retrace
further
to
$0.0000076,
which
acts
as
a
cushion
against
downward
pressure.

As
the
Pepe
price
prepares
for
a
possible
bullish
rally,
some
PEPE
lovers
are
considering
a
new
Pepe
upgrade
called


Pepe
Unchained
(PEPU),
which
has
raised
over
$2.3
million
in
funding
in
less
than
three
weeks.

Presale
projects
like
PEPU
aren’t
subject
to
market
forces
before
they
list
and
so
have
the
advantage
of
providing
shelter
from
the
current
market
storm,
prompting
some
analysts
to
say
they
are
a
good
way
to
buy
the
dip.

99Bitcoins,
a
prominent
crypto
channel
on
YouTube,
says
$PEPU
is
one
of
the
best
cryptos
to
buy
now,
with
100x
potential.

Pepe
Unchained
Raises
Over
$2.3
Million
–
Best
Meme
Coin
To
Buy
Now?

Pepe
Unchained
is
bent
on
emulating
the
success
seen
by
its
predecessor,
PEPE,
which
has
delivered
mind-blowing
returns
to
early
investors.

PEPU
also
aims
to
set
Pepe
free,
and
considers
the
original
PEPE
a
prisoner
chained
to
his
old,
clunky
Layer-1
server
room.
PEPU
will
thus
run
on
its
own
proprietary
Ethereum
Layer
2
blockchain. 

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

Pepe
Unchained
aims
to
tackle
the
scalability,
speed,
and
efficiency
issues
that
often
plague
meme
coins
built
on
the
Ethereum
Layer-1
blockchain.

Token
holders
can
earn
passively
through


the
platform’s
staking
system,
which
offers
an
annual
percentage
yield
(APY)
of
818%.

You
can
buy
$PEPU
tokens
for
$0.0082596
each.
But
with
a
price
hike
coming
in
less
than
twenty
hours,
interested
investors
should
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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