Pepe Price Prediction: PEPE Slumps 3% As This Upgraded Layer-2 Alternative Races Towards $7 Million

The
Pepe
price
slumped
3.3%
in
the
past
24
hours
to
trade
for
$0.00001180
as
of
01.12
a.m.
EST
on
trading
volume
that
plunged
45%..

The
PEPE
price
slide
comes
as
the
crypto
market
dumps,
its
market
capitalization
down
2.8%
to
$2.4
trillion.
The
meme
coin
sector
is
up
about
1%.

Pepe
Price
Prediction

The
Pepe
price
is
steadily
cutting
back
on
the
ground
covered
in
the
last
month.
However,
the
frog-themed
token
remains
bullish
as
it
holds
above
the
50%
Fibonacci
placeholder
of
$0.00001069.

The
Relative
Strength
Index
(RSI)
momentum
indicator
is
also
above
the
mean
level
of
50,
increasing
the
odds
for
a
pullback.
Similarly,
the
Moving
Average
Convergence
Divergence
(MACD)
is
also
above
the
signal
line
(orange
band).

If
the
bulls
have
their
way,
a
stable
candlestick
close
above
$0.00001224
would
encourage
more
buy
orders.
Further
north,
the
gains
could
extend
to
the
78.6%
Fibonacci
retracement
level
of
$0.00001445.
In
a
highly
bullish
case,
the
gains
could
extrapolate
to
the
peak
of
the
market
range
at
$0.00001726.

GeckoTerminal:
PEPE/USD
1-day
chart

Conversely,
considering
the
lower
highs
on
the
RSI,
coupled
with
the
fading
and
shrinking
MACD
histograms,
the
Pepe
price
could
extend
the
fall.
The
MACD
is
also
teasing
with
a
sell
signal,
which
could
be
executed
once
it
crosses
below
the
signal
line.
Traders
heeding
this
call
would
invigorate
the
downside
for
the
Pepe
price.

As
the
Pepe
price
works
out
its
next
directional
bias,
the
new
Pepe
Unchained
(PEPU)
meme
coin
is
blasting
north
with
more
than
$6.3
million
raised
in
its
ICO.

This
layer-2
meme
coin
is
taking
the
sector
by
storm,
prompting
the
99Bitcoins
YouTube
channel,
with
over
706k
subscribers,
to
predict
that
it
has
the
potential
to
soar
100X
after
its
launch.

Promising
Alternative
To
PEPE

Pepe
Unchained
is
a
meme
coin
project
following
in
the
footsteps
of
its
predecessor,
the
meme
coin
titan
Pepe
(PEPE).
But
PEPU
stands
out
as
the
first
Pepe
derivative
to
run
on
its
own
proprietary
Ethereum
Layer
2
blockchain.

The
incubation
is
in
progress
????

pic.twitter.com/vXHSV9h368

—
Pepe
Unchained
(@pepe_unchained)

July
21,
2024

The
Pepe
Unchained
project
is
committed
to
addressing
the
scalability,
speed,
and
efficiency
characteristics
associated
with
meme
coins
built
on
the
Ethereum
Layer-1
blockchain.
With
this
objective,
the
Layer-2
blockchain
meme
coin
enables
investors
to
seize
market
opportunities
more
efficiently
with
speeds
up
to
100x
faster.

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

The
project’s
appeal
was
underscored
by
a
$200k
purchase
of
PEPU
tokens
by
a
whale
investor
at
the
weekend.

Pepe
Unchained
Presale
Surges
to
$6.2M
as
Whale
Scoops
Up
Nearly
$200K
in

$PEPU

https://t.co/YFRC1xAvpS

#IndustryTalk

#PepeUnchained

#PEPU

#Presale

—
DeFiBloke
(@DeFiBloke)

July
29,
2024

Investors
can
stake
their
holdings
for
an
annual
return
of
304%.
The
distribution
of
$PEPU
token
rewards
will
occur
at
a
rate
of
608.82
$PEPU
tokens
per
ETH
block.
These
rewards
will
be
disbursed
over
2
years
and
will
be
claimable
once
claim
goes
live.

You
can
buy
PEPU
tokens
now
for
$0.0087693
each.
With
a
price
hike
coming
in
just
over
24
hours,
buy
soon
to
lock
in
the
best
deal.

Visit
and
buy
Pepe
Unchained
here.

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