Pepe Price Prediction: PEPE Pumps 5%, But Investors Rush To Buy This Layer-2 Meme Coin For Parabolic Gains

The
Pepe
price
surged
5%
in
the
last
24
hours


to
trade
at
$0.000007768

as
of
00:47
a.m.
EST
on
trading
volume
that
skyrocketed
23%
to
$684
million.

This
comes
as
the
meme
coin
space
rebounded
in
the
last
24
hours
with
a
5%
surge
to
hit
a
$38
billion
market
capitalization.

Pepe
Price
Bulls
Aiming
For
A
Breakout

The
Pepe
price
has
been
trading
within
a
range
in
the
last
two
weeks
as
PEPE
went
into
consolidation
between
the
$0.000008665
resistance
and
the
$0.000007212
support,
according
to
data
from


GeckoTerminal.

PEPE
has
now
crossed
above
the
50-day
Simple
Moving
Average
(SMA),
which
could
be
an
indication
that
the
price
of
Pepe
is
moving
towards
an
uptrend.
If
this
move
is
completed,
PEPE
could
overcome
the
200-day
SMA,
which
now
acts
as
the
immediate
resistance
at
$0.000009726.

The
Relative
Strength
Index
(RSI)
is
also
trading
up
above
the
50-midline
level
as
it
hurtles
towards
the
overbought
region,
a
confirmation
that
the
asset
is
under
buying
pressure.

Moreover,
the
Moving
Average
Convergence
Divergence
(MACD)
is
also
bullish,
as
the
MACD
moves
above
the
neutral
line.

If
the
bullish
stance
continues,
the
price
of
Pepe
could
breach
the
upper
boundary
of
the
sideways
pattern,
as
the
bulls
target
$0.000010.

However,
if
the
bears
exert
pressure
at
this
level,
PEPE
could
plunge
back
to
the
$0.0000070
in
the
short
term.

As
the
Pepe
price
soars,
PEPE
investors
are
also
buying
into
a
new
alternative,


Pepe
Unchained
(PEPU),
which
has
raised
over
$9.5
million
in
its
blockbuster
presale.

Pepe
Unchained
Presale
Blasts
Past
$9.5
Million
–
Best
Meme
Coin
To
Buy
Now?

Pepe
Unchained
aims
to
follow
in
the
footsteps
of
PEPE,
which
has
continued
to
be
among
the
top
meme
coins
by
market
capitalization.

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

Pepe
Unchained
(PEPU)
stands
out
from
other
meme
coins
by
introducing
its
native
Layer
2
chain
on
top
of
Ethereum’s
network.

Pepe
is
preparing
to
launch
his
own
Layer
2
blockchain
solution
soon:

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

Get
ready
to
join
the
future
with
Pepe
Unchained!
⛓️????

pic.twitter.com/9gxNnddMyq

—
Pepe
Unchained
(@pepe_unchained)

July
18,
2024

The
move
not
only
liberates
it
from
Ethereum’s
limitations
but
also
brings
unprecedented
speed,
scalability,
and
significantly
lower
fees.

Token
holders
can
earn
passively
through


the
platform’s
staking
system,
which
offers
an
annual
percentage
yield
(APY)
of
208%.

99Bitcoins,
a
prominent
crypto
channel
on
YouTube
with
more
than
706k
subscribers,
has
reviewed
the
token
and
says
$PEPU
is
one
of
the
best
cryptos
to
buy
now.
It
adds
that
it
could
soar
100X
after
its
launch.

You
can
buy
$PEPU
tokens
for
$0.009163
each.
With
a
price
hike
coming
in
less
than
4
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.

Related
News