Release: 2024/07/04 23:19 Reading: 801
SLERF Price Slumps to All-Time Low
Over the past 24 hours, the SLERF price has plummeted 15%, trading at $0.1983 as of 8.45 a.m. EST. Trading volume has surged 30% to $43 million.
Causes of the Downturn
Like other cryptocurrencies, SLERF's price decline mirrors the overall bearish sentiment in the crypto market. Bitcoin has fallen below $60,000 for the first time since February, triggering widespread pessimism.
SLERF's Past Fluctuations
For months, SLERF's price has oscillated between a support level of $0.20 and a resistance level of $0.50. However, it has consistently failed to reach the resistance level before retracting to the support.
Current Support Break
The recent price drop has breached the $0.20 support, marking a new all-time low for SLERF. This break signals uncertainty about its future.
SLERF Price Prediction
Technical indicators suggest that SLERF's price decline is likely to continue. The project's Bollinger bands have narrowed significantly, indicating increasing downward momentum. The price remains below the lower band, further supporting a bearish outlook.
Pepe Unchained as an Alternative
Despite SLERF's current challenges, investors seeking exposure to the meme coin sector may consider promising presales like Pepe Unchained (PEPU). PEPU is a Pepe-themed coin and the first to operate on its own blockchain.
Advantages of Pepe Unchained
Pepe Unchained's Performance
PEPU has attracted significant investor interest, raising over $2.2 million in 19 days. It has also caught the attention of crypto influencers like Jacob Crypto Bury.
Current Pricing and Purchase Options
PEPU tokens currently sell for $0.0082596 each. Interested investors can purchase PEPU on the official website using ETH, BNB, USDT, or credit/debit cards.
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