Pepe Price Prediction: PEPE Soars 26%, But Experts Say This Layer-2 Meme Coin Might Be The Best Crypto To Buy Now

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The
Pepe
price



soared


over
26%
in
the
past
24
hours
to
trade
at
$0.00001231
as
of
12:00
a.m.
EST
as
investors
go
long
on
the
frog-themed
meme
coin.


With
this
recent
gain,
the
PEPE
price
is
in
the
green
by
more
than
29%
on
the
weekly
timeframe
as
well. 


The
Pepe
Price
Clears
A
Major
Resistance

PEPE Chart Image


4-hour
chart
for
PEPE/USD
(Source:



GeckoTerminal
)


The



Pepe


price
rose
above
the
major
resistance
level
at
$0.00001093
over
the
past
24
hours,
and
is
attempting
to
overcome
the
subsequent
barrier
at
$0.00001421.
Should
PEPE
close
a
4-hour
candle
above
this
mark
within
the
next
24
hours,
the
meme
coin
could
have
the
technical
support
needed
to
keep
climbing
in
the
short
term.


However,
the
Pepe
price
falling
below
the
recently-breached
$0.00001093
level
might
invalidate
the
bullish
thesis.
In
this
alternative
scenario,
the
crypto
could
be
at
risk
of
dropping
to
$0.00000783.
An
extremely
bearish
situation
might
lead
to
PEPE
plunging
to
as
low
as
$0.00000567,


The
Pepe
Price
Is
Showing
A
Lot
Of
Technical
Strength


Technical
indicators
on
PEPE’s
4-hour
chart
suggest
the



meme
coin


could
keep
climbing
in
the
next
24
hours.
Both
the
Moving
Average
Convergence
Divergence
(MACD)
and
the
Relative
Strength
Index
(RSI)
are
showing
positive
signs.


Prior
to
the
Pepe
price
breaking
$0.00001093,
the
MACD
line
crossed
above
the
MACD
Signal
line.
Traders
usually
see
this
technical
event
as
a
sign
that
a
crypto
has
entered
a
short-term
bullish
trend.
This
positive
technical
flag
seems
to
have
been
validated
given
the
strong
price
movement
by
PEPE
shortly
after
the
two
lines
intersected.


What’s
more,
the
MACD
line
is
breaking
away
above
the
MACD
Signal
line.
This
could
be
a
sign
of
PEPE’s
bullish
momentum
growing
stronger,
which
might
subsequently
lead
to
the
Pepe
price
continuing
its
climb.


RSI
readings
have
also
risen
substantially
throughout
the
past
trading
day.
Currently
above
80,
this
indicator
suggests
PEPE
has
a
lot
of
bullish
strength. 


Traders
will,
however,
want
to
keep
an
eye
on
the
RSI
because
it
also
warns
that
the
meme
coin
is
overbought.
This
might
be
seen
as
a
sell
signal
because
PEPE’s
downside
potential
is
currently
greater
than
its
upside
potential.


With
the
Pepe
price
showing
substantial
technical
strength,
the
layer-2
meme
coin



Pepe
Unchained
(PEPU)


is
nicely
placed
to
benefit.


A
PEPE
That
Is
Not
Held
Back
By
Ethereum’s
Limitations


Ethereum
has
become
a
popular
choice
among
developers
to
deploy
their
new
tokens
given
the
blockchain’s
reputation
in
the
Web3
space.
Many
meme
coins,
including
PEPE,
call
Ethereum
home.
However,
the
network’s
popularity
has
made
it
congested.
This
has
led
to
scalability
problems,
resulting
in
slow
transaction
speeds
and
high
network
fees.


Pepe
Unchained
(PEPU)
aims
to
introduce
a
new
version
of
the
beloved
PEPE
meme
coin
to
the
market
that
is
not
restricted
by
the
Ethereum
network’s
shortcomings.
To
achieve
this,
the
project
will
launch
its
own
layer-2
network. 


Not
only
will
this
upgraded
PEPE
come
with
transaction
speeds
that
are
100
times
faster
than
that
of
Ethereum,
it
will
also
include
much
lowernetwork
fees.
Token
holders
will,
however,
still
be
able
to
seamlessly
bridge
their
assets
between
the
Ethereum
and
Pepe
Unchained
networks.


This
gives
investors
the
best
of
both
worlds,
enabling
them
to
enjoy
Pepe
Unchained’s
lightning-quick
speeds
and
Ethereum’s
proven
security.


In
a
recent
video,
renowned
YouTuber
Jacob
Crypto
Bury
said
PEPU
has
the
potential
to
explode
by
100x
after
launch.


Early
Investors
Gain
Access
To
High
Rewards


In
addition
to
PEPU’s
speculative
potential,
there
is
also
a
503%
APY
being
offered
to
anyone
who
purchases
the
meme
coin
during
its
ongoing
ICO
phase.
This
could
be
one
of
the
reasons
the
project
has
managed
to
raise
over
$3.7
million
through
its
presale
so
far.


To
get
access
to
these
rewards,
investors
can
utilize
the
simple
buy
widget
embedded
on
Pepe
Unchained’s
website
to
acquire
the
token.
Selling
for
$0.0084598,
the
token
can
be
bought
using
either
ETH,
USDT,
BNB
or
bank
card.
Once
purchased,
the
PEPU
tokens
need
to
be
locked
up
via
the
website’s
staking
page.


Investors
will
want
to
hurry
because
the
meme
coin’s
price
is
scheduled
to
increase
in
less
than
two
days.



Purchase
and
stake
PEPU
here
before
its
price
increases.


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