Pepe

2024

<p> Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. </p> 
<p class="is-style-lead">Pepe’s momentum fades with a bearish analyst forecast, while new meme crypto Pepe Unchained raises nearly $10 million in presale.</p> 
<p>After massive success through early 2024, Pepe’s momentum is dwindling. But to make things worse, a top analyst has just made a bearish prediction.</p> 
<p>However, a new meme-themed crypto is arising and showing massive strength. Pepe Unchained is undergoing a presale and has raised almost $10 million so far.</p> 
<h2 class="wp-block-heading" id="strong-prominent-trader-eyes-further-price-breakdown-for-pepe-strong"><strong>Prominent trader eyes further price breakdown for Pepe</strong></h2> 
<p>Pepe has recently been hit with non-stop selling pressure, but it might not be over yet. It’s currently trading at $0.000007879.</p> 
<p>This represents an 8% increase today, but the price remains down 2% this week and 35% this month.</p> 
<p>And zooming out a little more, Pepe bulls have suffered even worse.</p> 
<p>Those who bought Pepe at its May all-time high (ATH) of $0.00001718 are now at a 54% loss.</p> 
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<p>Yet, according to leading analyst Nebraskagooner, its bearish momentum is far from over. The analyst compared Pepe’s current chart structure to that of Cardano.</p> 
<p>It shows that Pepe is trading at a similar support that caused <a href="https://crypto.news/market-cap/">Cardano </a>to plummet into deep waters once it broke below. Nebraskagooner’s price chart targets lows of around $0.000002 for Pepe.</p> 
<p>Should this play out, it would result in a devastating 74% selloff from its current price. And for those who bought the top, it would mark an 88% selloff.</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="">$PEPE</a><br><br>Here's a possible scenario that would trigger if we see a monthly close below $0.000006669<br><br>Potential upthrust if that level is lost.<br><br>I've added the <a href="https://twitter.com/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="">$ADA</a> monthly chart in for comparison of similar structure during a previous run. <a href="https://t.co/fdJLcivWQb" target="_blank" rel="">pic.twitter.com/fdJLcivWQb</a></p>— Nebraskangooner (@Nebraskangooner) <a href="https://twitter.com/Nebraskangooner/status/1825547040761553085?ref_src=twsrc%5Etfw" target="_blank" rel="">August 19, 2024</a>
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<p>And Nebraskagooner is not the only analyst eyeing $0.000002.</p> 
<p>Polaris_xbt also sees $0.000002 as a potential destination for Pepe before its next leg up can commence.</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="">$PEPE</a><br><br>Old zones still work nicely.<br>Two potential long setups. <a href="https://t.co/C2mg0XZEq0" target="_blank" rel="">pic.twitter.com/C2mg0XZEq0</a></p>— polaris_xbt (@polaris_xbt) <a href="https://twitter.com/polaris_xbt/status/1824778954936377728?ref_src=twsrc%5Etfw" target="_blank" rel="">August 17, 2024</a>
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<p>Indeed, these are losses that investors will be desperate to avoid. With that in mind, some traders are turning to alternative memecoins, which have their potential ahead of them.</p> 
<p>For instance, Pepe Unchained is a new Pepe-themed memecoin currently undergoing a presale. It’s raised over $9.5 million so far, signaling massive interest from market participants.</p> 
<p>Because it’s in its presale, PEPU is available at a fixed price. However, its price will be determined by supply and demand once it launches on exchanges. And according to analysts, this could lead to huge gains.</p> 
<p> You might also like: <a href="https://crypto.news/pepe-unchained-raises-8-5m-in-presale-as-experts-make-bullish-calls-on-project/"> Pepe Unchained raises $8.5M in presale as experts make bullish calls on project </a> </p> 
<h2 class="wp-block-heading" id="strong-pepe-unchained-is-the-first-memecoin-with-an-l2-blockchain-strong"><strong>Pepe Unchained is the first memecoin with an L2 blockchain</strong></h2> 
<p>Don’t mistake <a href="https://crypto-news.care/b_pepeunchained-en_97815?referrer=analyst-gives-bearish-outlook-on-pepe-could-pepu-offer-more-potential" target="_blank" rel="">Pepe Unchained</a> for an everyday Pepe imitation – it’s ushering in unique technology.</p> 
<p>The Pepe Unchained presale will be the first Pepe-themed token with its own blockchain.&nbsp; It’s building an Ethereum layer 2 that’s fast and low-cost.</p> 
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<p>Devs will finally have a playground designed specifically for memecoins. They could build memecoin-themed dApps, a Pepe-centric P2E game, or anything else.</p> 
<p>And because it’s an Ethereum layer 2, moving liquidity to and from the Pepe chain will be effortless. Imagine the virality of Pepe with the utility of a layer 2 blockchain. That makes for huge potential.</p> 
<p>Investors can also stake PEPU tokens for passive rewards. In a recent video, ClayBro said that all of this could make it a “top meme coin.” He also noted investors are rushing into the presale, which is a good sign.</p> 
<p>“Pepe Unchained is positioning itself as the largest and the greatest presale going on right now, far surpassing any of the other memecoin,” he said.</p> 
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<p>The current Pepe Unchained presale price is $0.009163, but this will rise throughout the campaign. Per its website, the next increase will occur later today.</p> 
<p>For more information, <a href="https://crypto-news.care/b_pepeunchained-en_97815?referrer=analyst-gives-bearish-outlook-on-pepe-could-pepu-offer-more-potential" target="_blank" rel="">visit the Pepe Unchained presale website.</a></p> 
<p> Read more: <a href="https://crypto.news/pepe-unchained-presale-continues-to-grow-as-total-raise-clears-9m/"> Pepe Unchained presale continues to grow as total raise clears $9M </a> </p> 
<p> Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company. </p>

Analyst gives bearish outlook on Pepe; Pepe Unchained may offer more potential

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