Pepe Price Prediction: PEPE Plummets 26% In A Week As This PEPE 2.0 Hurtles Past $7.6M
Release: 2024/08/08 18:14 Reading: 601
Pepe Price Plummets, Alternative Emerges
Pepe's price has experienced a significant decline of 26% over the past week, dropping further by 2% in the last 24 hours. As of 3 a.m. EST, Pepe traded at $0.000007832, with a trading volume that decreased by 12% to $1 billion.
Price Prediction
Technical indicators suggest further price declines for Pepe in the coming hours. The Bollinger bands have narrowed, with the price initially oscillating between the upper and lower bands. However, it has recently begun pushing the lower band down.
Additionally, the Relative Strength Index (RSI) has dipped below 50, indicating a potential selloff by traders holding onto the hope of a quick recovery. While traders may consider buying the dip, a wider crypto industry recovery could be necessary for a substantial rebound.
Support and Resistance
Pepe's price is currently approaching the support level at $0.0000075. However, without a market-wide rally, there is no guarantee that this support will hold.
Alternative Investment: Pepe Unchained (PEPU)
While Pepe struggles, investors may consider the presale of Pepe Unchained (PEPU), which has raised over $7.65 million. Unlike other Pepe clones, PEPU operates on its own blockchain, providing advantages over Ethereum-based meme coins.
By leveraging its Layer-2 blockchain, PEPU boasts high speed and low fees, freeing it from the limitations of Ethereum. The project's speed and affordability have made it one of the most successful meme coin ICOs of 2024.
PEPU Purchase Information
PEPU is currently priced at $0.0089461. Investors can buy PEPU on the official website using ETH, USDT, BNB, or credit/debit cards.
Related Articles
- Pepe Unchained ICO Raises Over $7.6 Million
- How to Buy Pepe Unchained - $PEPU Presale Review
- Pepe Price Prediction - Pepe's Market Recovery
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