PepeCoin Price Prediction: PEPECOIN Skyrockets 22% As This New PEPE 2.0 Goes Parabolic In Presale
Release: 2024/11/08 23:04 Reading: 721
The PepeCoin price surged 22% in 24 hours, trading at $3.27 as of 4:15 AM EST, on a volume that jumped 51% to $10.23 million.
PepeCoin's price increase began alongside the broader crypto market, fueled by the election of Donald Trump as US president. The project's value spiked on November 7, rising from $2.50 to $3.50.
Despite a slight pullback after hitting resistance at $3.50, PepeCoin continues to climb, gaining 22% in a day and 35% in the past week.
Though it has not reached its March-April 2021 high of $7.4, PepeCoin's current price remains 17,450% above November 2023 levels, making 2024 a banner year for the project.
PepeCoin Price Prediction
Technical indicators suggest PepeCoin may retest the $3.50 resistance but face difficulty breaching it.
Bollinger bands indicate a bullish return, with the price pushing against the upper band.
Relative Strength Index (RSI) remains below 70, indicating room for further growth.
However, traders may be cautious as the RSI approaches 70, which could trigger a price drop.
Alternative to PepeCoin
While PepeCoin may be nearing a temporary peak, Pepe Unchained (PEPU) emerges as a promising alternative, according to YouTuber Jacob Crypto Bury.
PEPU stands out due to its own blockchain, unlike Pepe (PEPE) which relies on Ethereum's network with its limitations.
Pepe Unchained offers near-instant speeds, negligible transaction costs, and a developing ecosystem.
It plans to launch its meme coin launchpad, Pepe's Pump Pad, competing with Solana's Pump.fun and making it easier to create meme coins.
Pepe Unchained has raised over $25.5 million in its presale, with a price of $0.01239. It accepts ETH, USDT, BNB, and credit/debit cards.
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