Pepecoin

PepeCoin

Pepe

<p>The Pepecoin price has plunged 22% in the past week and 4% in the last 24 hours <a href="https://www.coingecko.com/en/coins/pepecoin" rel="noopener noreferrer nofollow">to trade at 2.11</a> as of 3:30 a.m. EST on a 38% drop in trading volume to $2.5 million.</p>
<p>This price drop made PEPECOIN the biggest loser among the top 100 cryptocurrencies by market capitalization, according to CoinMarketCap.</p>
<h2 id="pepecoin-price-rebounds-within-the-descending-channel">PepeCoin Price Rebounds Within The Descending Channel</h2>
<p>PEPECOIN/USD&nbsp; pair is currently trading around the $2.1272 level, within a descending channel marked by a bearish trendline, indicating strong bearish sentiment as the price has been consistently moving lower.</p>
<p>The price is approaching a key support zone near $2.10, which has previously attracted buying interest.</p>
<p><img decoding="async" class="aligncenter wp-image-573820 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/09/DEXTools.io_pepecoin_USD-UNI_2024-09-06_13-40-29.png" alt="Pepecoin price" width="1319" height="571" srcset="https://insidebitcoins.com/wp-content/uploads/2024/09/DEXTools.io_pepecoin_USD-UNI_2024-09-06_13-40-29.png 1319w, https://insidebitcoins.com/wp-content/uploads/2024/09/DEXTools.io_pepecoin_USD-UNI_2024-09-06_13-40-29-300x130.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/09/DEXTools.io_pepecoin_USD-UNI_2024-09-06_13-40-29-1024x443.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/09/DEXTools.io_pepecoin_USD-UNI_2024-09-06_13-40-29-768x332.png 768w" sizes="(max-width: 1319px) 100vw, 1319px"></p>
<p style="text-align: center;">PEPECOIN/USD Analysis Source: Dextools.io</p>
<p>The first major resistance level is around the 50 simple moving average (SMA) at $2.2367, followed by the 200 SMA near $2.4848.&nbsp; If the price manages to break above these resistance levels, it could potentially reach the target price (TP) near $2.50.</p>
<p>The 50 SMA is below the 200 SMA, signaling a bearish trend, with both moving averages acting as resistance.</p>
<p>The MACD is showing a slight bullish crossover, with the MACD line crossing above the signal line, suggesting a potential short-term bullish momentum or reversal. for the Pepecoin price. Further, the histogram bars are slowly diminishing indicating that the bulls are beginning to take over the momentum</p>
<p>The RSI is currently at 40.22, indicating bearish territory but not yet oversold; if it falls below 30, this would suggest an oversold condition and a possible price reversal. however, being near the 50 midline level there are indications that the RSI might fly to the overbought zone in the upcoming weeks.</p>
<h2 id="pepecoin-price-prediction">PepeCoin Price Prediction</h2>
<p>The trend remains bearish unless key resistance levels are broken. The upcoming price action around the support zone will be crucial in determining PEPECOIN’s short-term direction. Traders should look for potential reversals near support levels and seek confirmation from technical indicators before entering positions.</p>
<p>In a bearish scenario, if the price fails to hold the current support level of $2.1272, it may drop further towards $2.00 or lower, continuing its downtrend within the bearish channel.</p>
<p>Conversely, in a bullish scenario, if the price breaks above the 50 SMA resistance at $2.2367, it could target the 200 SMA at $2.4848, with a potential move towards the reward zone near $2.50. A break above $2.50 would indicate a shift towards a more bullish trend.</p>
<h2 id="pepe-unchained-presale-rockets-past-12-million-next-meme-coin-to-explode">Pepe Unchained Presale Rockets Past $12 Million- Next Meme Coin To Explode?</h2>
<p>Meanwhile, as PepeCoin dumps, PEPE lovers are piling into a new layer 2 meme coin called <a href="https://insidebitcoins.com/visit/pepeunchained" rel="noopener noreferrer nofollow">Pepe Unchained (PEPU)</a>, which has rocketed past $12 million in funds raised, making it one of the most successful presales of the year.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Boom! $12M raised!</p>
 <p>Pepe Unchained is crushing milestones and gearing up for the next big leap 🐸💪 <a href="https://t.co/Cr2MI0CESp" rel="noopener noreferrer nofollow">pic.twitter.com/Cr2MI0CESp</a></p>
 <p>— Pepe Unchained (@pepe_unchained) <a href="https://twitter.com/pepe_unchained/status/1831581742962204694?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 5, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>On Tuesday, several whale investors took advantage by making substantial investments in the Pepe Unchained presale.</p>
<p>Among the notable transactions was a purchase of 24.4 ETH, valued at $56,735 at the time, which secured over 6 million $PEPU tokens.</p>
<p>Just an hour later, another investor acquired approximately 2.76 million $PEPU with 10.8 ETH, worth $26,196.65.</p>
<p>These combined investments, totaling nearly $83,000, led to a swift surge in buying, pushing additional funding since Monday to over $500,000.</p>
<p>According to an analyst from 99Bitcoins, a prominent crypto YouTube channel with over 706K subscribers, PEPU has 100x potential and is one of the best cryptos to buy now.</p>
<p><iframe title="Next 3 100X Potential Crypto to Buy Now?! (BIG POTENTIAL!)" width="640" height="360" src="https://www.youtube.com/embed/nY8nlmVJiww?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></p>
<p>PEPU features low transaction fees, making it more accessible to a broader audience, along with enhanced scalability that allows for faster trades and a platform that can handle higher transaction volumes without congestion.</p>
<p>Furthermore, Pepe Unchained’s double staking mechanism boosts rewards for PEPU investors by reducing operational costs and increasing efficiency.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Pepe never sleeps..</p>
 <p>But when he does, the L2 tech takes over. Big things coming! <a href="https://t.co/Kq14BaoVlp" rel="noopener noreferrer nofollow">pic.twitter.com/Kq14BaoVlp</a></p>
 <p>— Pepe Unchained (@pepe_unchained) <a href="https://twitter.com/pepe_unchained/status/1832005134987247634?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 6, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Currently, the project offers rewards of $608.82 per ETH block, with an estimated annual percentage yield (APY) of 167%.</p>
<p>You can buy PEPU tokens currently for $0.0095362. If you are interested, buy before a price hike in less than a&nbsp;day to secure the best deal.</p>
<p><a href="https://insidebitcoins.com/visit/pepeunchained" rel="noopener noreferrer nofollow">Buy PEPU tokens here using ETH, USDT, or a bank card.</a></p>
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PepeCoin Price Prediction: PEPECOIN Tops Weekly Meme Coin Losers With 22% Dump As This PEPE 2.0 ICO Rakes In $300K In 2 Days

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