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

The Pepe value surged 5% within the final 24 hours to commerce at $0.000007768 as of 00:47 a.m. EST on buying and selling quantity that skyrocketed 23% to $684 million.

This comes because the meme coin house rebounded within the final 24 hours with a 5% surge to hit a $38 billion market capitalization.

Pepe Worth Bulls Aiming For A Breakout

The Pepe value has been buying and selling inside a spread within the final two weeks as PEPE went into consolidation between the $0.000008665 resistance and the $0.000007212 assist, based on knowledge from GeckoTerminal.

PEPE has now crossed above the 50-day Easy Shifting Common (SMA), which might be a sign that the worth of Pepe is shifting in direction of an uptrend. If this transfer is accomplished, PEPE might overcome the 200-day SMA, which now acts because the quick resistance at $0.000009726.

The Relative Power Index (RSI) can also be buying and selling up above the 50-midline stage because it hurtles in direction of the overbought area, a affirmation that the asset is below shopping for stress.

Furthermore, the Shifting Common Convergence Divergence (MACD) can also be bullish, because the MACD strikes above the impartial line.

If the bullish stance continues, the worth of Pepe might breach the higher boundary of the sideways sample, because the bulls goal $0.000010.

Nevertheless, if the bears exert stress at this stage, PEPE might plunge again to the $0.0000070 within the quick time period.

Because the Pepe value soars, PEPE traders are additionally shopping for into a brand new different, Pepe Unchained (PEPU), which has raised over $9.5 million in its blockbuster presale.

Pepe Unchained Presale Blasts Previous $9.5 Million – Greatest Meme Coin To Purchase Now?

Pepe Unchained goals to comply with within the footsteps of PEPE, which has continued to be among the many prime meme cash by market capitalization.

Nevertheless, PEPE is constructed on the Ethereum blockchain, which is generally handicapped by community delays and rising gasoline charges.

Pepe Unchained (PEPU) stands out from different meme cash by introducing its native Layer 2 chain on prime of Ethereum’s community.

Pepe is getting ready to launch his personal Layer 2 blockchain answer quickly:

🧠 Instantaneous bridging between ETH and Pepe Chain
🧠 Lowest transaction charges
🧠 100x sooner transaction speeds in comparison with ETH
🧠 Devoted Block Explorer

Prepare to hitch the longer term with Pepe Unchained! ⛓️🐸 pic.twitter.com/9gxNnddMyq

— Pepe Unchained (@pepe_unchained) July 18, 2024

The transfer not solely liberates it from Ethereum’s limitations but additionally brings unprecedented pace, scalability, and considerably decrease charges.

Token holders can earn passively by way of the platform’s staking system, which affords an annual share yield (APY) of 208%.

99Bitcoins, a distinguished crypto channel on YouTube with greater than 706k subscribers, has reviewed the token and says $PEPU is among the greatest cryptos to purchase now. It provides that it might soar 100X after its launch.

You should purchase $PEPU tokens for $0.009163 every. With a value hike coming in lower than 4 hours, purchase quickly to lock in the most effective deal.

To hitch the presale, purchase $PEPU from the official web site right here utilizing ETH, USDT, or a financial institution card.

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