Pepe Price Prediction: PEPE Pumps 8% As This Layer-2 Meme Coin Charges Towards $8 Million

The
Pepe
price


soared

over
8%
in
the
last
24
hours
to
trade
at
$0.000008523
as
of
7:30
a.m.
EST
as
investors
begin
to
accumulate
the
meme
coin
heading
into
the
weekend.

Despite
this
recent
gain,
the
PEPE
price
was
unable
to
recover
from
the
loss
it
suffered
throughout
the
last
7
days.
The


meme
coin

is
in
the
red
by
more
than
17%
on
the
weekly
timeframe
as
a
result.

The
Pepe
Price
Testing
A
Key
Support
Level

4-hour
chart
for
PEPE/USD
(Source:


GeckoTerminal)

The


Pepe

price
is
resting
on
the
key
support
level
at
$0.000008480.
Should
it
fall
below
this
technical
safety
net
within
the
next
12
hours,
the
meme
coin
could
be
at
risk
of
plunging
to
the
subsequent
mark
at
$0.000005719
in
the
following
24
hours.

On
the
other
hand,
traders
identifying
PEPE’s
current
levels
as
a
buy
opportunity
might
push
the
crypto’s
price
higher
in
the
short
term.
In
this
alternative
scenario,
the
Pepe
price
could
look
to
flip
the
immediate
resistance
level
at
$0.000010942
into
support.

Technicals
Warn
The
Pepe
Price
Could
Pull
Back
Soon

Technical
indicators
on
the
meme
coin’s
4-hour
chart
warn
that
the
Pepe
price
could
continue
to
fall
in
the
next
24
hours.
In
addition
to
the
Moving
Average
Convergence
Divergence
(MACD)
showing
negative
signs,
the
Relative
Strength
Index
(RSI)
indicator
indicates
diminishing
buyer
strength.

Throughout
the
last
couple
of
hours,
the
gap
between
the
MACD
and
MACD
Signal
lines
has
narrowed.
Although
the
current
orientation
of
the
two
technical
indicators
is
bullish,
the
MACD
line
collapsing
towards
the
MACD
Signal
line
suggests
PEPE’s
positive
trend
might
be
coming
to
an
end.
An
intersection
between
the
two
lines
could
indicate
a
bearish
shift
in
momentum.

Meanwhile,
RSI
readings
have
fallen
from
just
above
60
to
the
mid
50s.
Traders
usually
see
falling
RSI
values
as
a
sign
of
buyers
weakening
against
sellers.
With
the
RSI
still
above
the
critical
50
benchmark,
it
seems
bulls
still
have
an
upper
hand
against
bears.
However,
the
negative
slope
of
the
RSI
line
warns
that
this
might
not
be
the
case
for
much
longer.

While
technicals
flash
bearish
for
PEPE,
investors
continue
to
pour
capital
into
layer-2
meme
coin


Pepe
Unchained
(PEPU)

for
potential
100X
gains.

Unlocking
PEPE’s
Full
Potential

PEPE
has
managed
to
climb
the
crypto
ranks
to
become
one
of
the
largest
meme
coins
by
market
cap.
However,
the
crypto’s
potential
has
hit
a
ceiling.
This
is
mainly
due
to
the
high
fees
and
slow
processing
times
of
the
congested
Ethereum
network,
which
is
the
blockchain
PEPE
currently
calls
its
home.

Pepe
Unchained
(PEPU),
with
its
own
layer-2
network,
aims
to
empower
PEPE
and
give
the
meme
coin
the
processing
power
needed
for
it
to
reach
its
full
potential.
Not
only
will
investors
enjoy
transaction
speeds
100
times
faster
than
that
of
Ethereum,
they
will
be
able
to
transact
at
a
fraction
of
the
cost
as
well.
Pepe
Unchained
also
has
the
potential
to
play
host
to
future
meme
coins
whose
developers
seek
a
fast
and
affordable
network
for
their
tokens.

YouTuber
Zach
Humphries
told
his
149,000
subscribers
in
one
of
his
latest
videos
that
he
has
high
expectations
for
the
project.

Investors
Bet
Big
On
PEPU’s
Future

Pepe
Unchained
has
managed
to
raise
over
$7.8
million
through
its
ongoing
presale,
signaling
strong
investor
confidence
in
the
project’s
future.
In
addition
to
the
layer-2
network
and
the
project’s
mission
to
supercharge
PEPE,
the
248%
APY
on
offer
to
anyone
who
buys
and
stakes
PEPU
at
this
early
stage
could
be
a
possible
reason
for
this
investor
frenzy.

Pepe
is
gearing
up
to
surf
his
own
Layer
2
blockchain
–
the
first
of
its
kind!
????????

pic.twitter.com/T41V8wNDBh

—
Pepe
Unchained
(@pepe_unchained)

August
8,
2024

Presale
buyers
can
put
their
crypto
to
work
from
the
moment
they
purchase
and
stake
Pepe
Unchained
tokens.
To
get
started,
the
token
will
need
to
be
acquired
through
the
simple
buy
widget
embedded
on
Pepe
Unchained’s
website.
Selling
for
$0.0089461,
PEPU
can
be
bought
using
either
ETH,
BNB,
USDT
or
bank
card.
Once
purchased,
the
tokens
can
be
locked
up
via
the
staking
page
on
the
website
for
investors
to
gain
access
to
the
248%
APY.

Anyone
looking
to
get
in
on
these
rewards
might
want
to
act
fast,
because
PEPU’s
price
is
scheduled
to
increase
during
the
upcoming
stages
of
its
presale. 

Purchase
and
stake
PEPU
here
for
up
to
248%
in
annual
rewards
before
its
price
increases.

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