Pepe Price Prediction: Pepe Pumps 13% As Analysts Say This Meme Coin Rival Might Explode Exponentially

The
Pepe
price
surged
13%
in
the
last
24
hours


to
trade
at
$0.00001170

as
of
02:33
a.m.
EST
on
trading
volume
that
skyrocketed
78%
to
$940
million.

This
comes
as
the
meme
coin
market
rebounded
in
the
last
24
hours
with
a
6%
increase
to
a
$47
billion
market
capitalization,
with
top
meme
coin
titans,
DOGE
and
SHIB
rising
3%
and
2%
respectively
in
the
last
24
hours.

Pepe
Price
Set
For
A
Bullish
Rally
Over
The
Descending
Triangle

After
hitting
its
all-time
high
(ATH)
of
$0.000017,
Pepe
price
has
been
on
a
downtrend,
trading
within
a
descending
triangle
pattern,
according
to
data
from


GeckoTerminal.
The
trend
indicates
that
sellers
have
been
more
aggressive
than
buyers
as
the
price
continued
to
make
lower
highs.

However,
the
trend
has
recently
narrowed,
with
the
current
open
interest
(OI)
for
PEPE
increasing
by
17%,
according
to


Coinalyze
data.
Investors
are
now
anticipating
a
breakout
above
the
horizontal
support
level
of
around
$0.00001070.

With
the
bulls
using
the
support
level,
they
have
eventually
breached
the
50-day
Simple
Moving
Average
(SMA),
an
indication
that
the
PEPE
price
may
be
gearing
up
for
a
major
rally.
If
this
trend
is
sustained,
the
price
of
Pepe
may
overcome
the
200-day
hurdle
around
$0.00001331.

The
Relative
Strength
Index
(RSI)
is
rebounding
from
the
oversold
levels,
as
it
crosses
the
50-midline
level
to
trade
currently
at
56.
With
the
RSI
soaring,
it
seems
the
buyers
have
an
upper
hand,
which
if
sustained,
the
token
could
soar
higher.

Moreover,
the
Moving
Average
Convergence
Divergence
(MACD)
is
also
bullish,
with
the
blue
MACD
line
crossing
over
the
orange
signal
line,
representing
a
bullish
crossover.
With
the
green
bars
on
the
histogram
extending
beyond
the
neutral
line,
the
Pepe
price
is
on
a
positive
momentum.

Pepe
Price
Prediction

According
to
the
price
analysis
on
the
4-hour
chart,
the
Pepe
price
shows
a
bullish
bias,
with
the
bulls
aiming
to
push
the
token
over
the
descending
triangle,
currently
targeting
$0.000020.

However,
in
an
inverse
scenario,
if
the
bears
take
control
of
the
price
at
this
level,
the
price
of
PEPE
could
breach
the
horizontal
line
to
the
next
support
zone
around
$0.00000896.

As
the
PEPE
price
soars,
other
meme
coin
lovers
are
also
buying
its
alternative,
Pepe
Unchained
(PEPU),
which
has
raised
over
$620K
in
just
a
few
days.

Pepe
Unchained
Raises
620K
In
Less
Than
A
Week
–
Best
PEPE
Alternative
To
Buy
Now?

Since
its
inception
last
year,
Pepe
has
continued
to
rule
the
charts,
despite
a
wave
of
upcoming
meme
coins.

However,
Pepe
was
originally
built
on
the
Ethereum
blockchain,
which
is
mostly
handicapped
by
network
delays
and
rising
gas
fees.

The
new
player,


Pepe
Unchained,
is
based
on
PEPE
planning
on
a
breakout
from
his
chains
and
embracing
the
future
with
Pepe
Unchained.
PEPU
will
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

As
a
result,
the
project
will
finally
tackle
the
scalability,
speed,
and
efficiency
issues
that
often
plague
meme
coins
that
are
built
on
the
Ethereum
Layer-1
blockchain.

$PEPU
holders
can
also
earn
passively
through


the
platform’s
staking
system,
which
offers
an
annual
percentage
yield
(APY)
of
3,700%.

According
to
99Bitcoins,
a
prominent
crypto
channel
on
YouTube,
$PEPU
is
one
of
the
best
cryptos
to
buy
now.
It
adds
that
the
token
could
potentially
soar
100X
after
its
launch.

You
can
buy
$PEPU
tokens
for
$0.008032
each.
With
a
price
hike
coming
in
less
than
17
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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