Analyst backs Pepe price to $0.0005 in 2024, PEPU expected to see similar gains
Release: 2024/09/03 22:59 Reading: 383
Analyst Predicts Surge for Pepe, Boosting Projects Like Pepe Unchained
Analyst forecasts predict an end to Pepe's sideways trend, heralding a surge that could benefit new projects like Pepe Unchained.
Pepe's Trajectory
According to prominent trader Vegeta, Pepe is poised to break out of its current sideways movement and skyrocket in value by November. Despite trading at its same level from six months ago, this bullish trend is expected to prove lucrative for patient investors.
Price Predictions
Vegeta's price chart suggests that Pepe will continue trading within a range of $0.00000631 to $0.00000991 until November. Subsequently, it will rally from support and break through resistance, reaching $0.0005. However, his 20x forecast implies a significantly higher target.
Another analyst, Morja, has also expressed optimism, predicting a similar pattern with a rally earlier in October. Morja's price target of $0.00013 represents a potential 1,602% increase from its current price.
Impact on Other Memecoins
If Pepe experiences substantial gains, it could have positive implications for other memecoins. Pepe Unchained, a Pepe-themed Ethereum Layer 2 blockchain project, could be a significant beneficiary.
Pepe Unchained Presale
Pepe Unchained's presale has surpassed $11.5 million, demonstrating strong investor interest. As the first Pepe-themed token to have an Ethereum Layer 2 blockchain, it has attracted attention from both retail investors and industry experts. The presale is currently ongoing, priced at $0.0094603. Please note that the price is expected to increase throughout the campaign.
Disclaimer:
This article does not constitute investment advice. The content provided is for educational purposes only. Users should conduct their own research before making any financial decisions or taking any actions related to the company discussed.
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