Pepe

Shiba Inu

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<p class="is-style-lead">Pepe is down 22% in a week, while new memecoin Pepe Unchained raises $2.5m in presale amid bullish analyst forecasts.</p> 
<p>The memecoin market has taken a beating this week, and Pepe is worse for wear, down 22% in a week.</p> 
<p>However, a new Pepe alternative has emerged. The new presale memecoin Pepe Unchained has shown continued strength, with it now having raised over $2.5m amid bullish forecasts from analysts.</p> 
<h2 class="wp-block-heading" id="strong-pepe-price-falls-amid-broader-market-slump-strong"><strong>Pepe price falls amid broader market slump</strong></h2> 
<p>For crypto bulls, it’s been a lackluster couple of months. The market follows Bitcoin, and BTC is down 24% from its 14 March all-time high (ATH).</p> 
<p>Consequently, crypto prices have been hit across the board, and Pepe is one of the biggest losers this week. Falling from $0.000009249 on Sunday, Pepe is currently trading at $0.000008417.</p> 
<p>That represents a 10% loss in the last day. However, its bearish momentum is even more pronounced on higher time scales.</p> 
<p>Pepe is down a whopping 28% this week, 35% this month, and 50% from its 27 May ATH.</p> 
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  <img loading="lazy" decoding="async" width="624" height="300" src="https://crypto.news/app/uploads/2024/07/Picture1-pepe.png" alt="Pepe price falls over 20% while Pepe Unchained presale raises $2.5m - 17"> 
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<p>That said, the token has seen a strong 16% uptick in 24-hour trading volume today, reaching $786 million. This makes Pepe the most-traded memecoin today, eclipsing Shiba Inu and Dogecoin despite a significantly lower market cap.</p> 
<p>Put differently, traders are paying close attention to the frog-themed memecoin. That’s also apparent on social media, with memecoin traders voicing their opinions on Pepe’s next move.</p> 
<p>“PEPE just closed under the 10-day moving average on the weekly chart, meaning there is a low chance of recovery (short term) unless we get an outlier, such as a Coinbase listing or trading begins for the Ethereum ETF,” <a href="https://x.com/pepemaxiiiii/status/1810159463686426800" target="_blank" rel="">said</a> Pepe Maxi.</p> 
<p>However, others are more optimistic and regard Pepe’s current price as a rare opportunity.</p> 
<p>Prominent community member Plazma dubbed it a “generational buying opportunity,” highlighting that Pepe is in a key structural zone that could precede its next explosive upswing.</p> 
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   <p lang="en" dir="ltr">Generational buying opportunity for <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="">$PEPE</a>. <a href="https://t.co/aDp7ADzGdw" target="_blank" rel="">pic.twitter.com/aDp7ADzGdw</a></p>— Plazma (@Plazma0x) <a href="https://twitter.com/Plazma0x/status/1809348197850206682?ref_src=twsrc%5Etfw" target="_blank" rel="">July 5, 2024</a>
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<p>Evidently, sentiment is mixed on Pepe’s near-term trajectory, but most traders agree that its long-term trajectory is bullish.</p> 
<p>So, with traders fixated on Pepe and a potential price reversal imminent, the timing couldn’t be better for new presale Pepe Unchained to launch.</p> 
<h2 class="wp-block-heading" id="strong-pepe-unchained-raises-2-5m-in-presale-funding-strong"><strong>Pepe Unchained raises $2.5m in presale funding&nbsp;&nbsp;</strong></h2> 
<p>Brett and Book of Meme are just some of the sensations that derive from Pepe coin. The relationship with Pepe taps into crypto’s most active memecoin community, providing a huge boost from the get-go.</p> 
<p>But now, <a href="https://pepeunchained.com/en?clickId=fx_b97815_376a3d3400c38ea71f4c259527ead631_1" target="_blank" rel="">Pepe Unchained</a> is ushering in an unprecedented use case – it’s the first Pepe-themed cryptocurrency to have its own layer 2 blockchain.</p> 
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  <source type="image/webp" srcset="https://crypto.news/app/uploads/2024/07/Picture2-pepe.png.webp"> 
  <img loading="lazy" decoding="async" width="624" height="351" src="https://crypto.news/app/uploads/2024/07/Picture2-pepe.png" alt="Pepe price falls over 20% while Pepe Unchained presale raises $2.5m - 18"> 
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<p>Pepe Unchained is merging the burgeoning virality of memecoins with the prowess of layer 2 technology.&nbsp;It’s a recipe that appeals to memecoin enthusiasts and conservative investors alike.</p> 
<p>Pepe Unchained will process transactions off the Ethereum main network, promising speeds 100x faster and fees magnitudes cheaper. Moreover, it retains the decentralization and security of Ethereum.</p> 
<p>And with its memetic roots, there’s every chance Pepe Unchained becomes a hotbed for memecoin inventiveness. Its an ambitious use case, but investors have given a nod of approval by providing $2.5 million in funding.</p> 
<p>Big returns are expected on these investments, with 99Bitcoins forecastsing the PEPU price could 100x.</p> 
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 <div class="wp-block-embed__wrapper"> <iframe title="PEPE IS CRASHING (100X GEM) BUT THIS MEME COIN WILL SAVE THE DAY - Buy Pepe Unchained" width="1020" height="574" src="https://www.youtube.com/embed/KH6TEryad_0?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> 
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<p>The Pepe Unchained presale is ongoing, so investors can buy in at a discounted, pre-market price. However, the price will incrementally rise throughout the presale, so prospective buyers should act quickly.</p> 
<p>To learn more, <a href="https://pepeunchained.com/en?clickId=fx_b97815_376a3d3400c38ea71f4c259527ead631_1" target="_blank" rel="">visit Pepe Unchained presale</a>.</p> 
<p> Read more: <a href="https://crypto.news/book-of-meme-sees-gains-as-pepe-unchained-ico-raises-1-million/"> Book of Meme sees gains as Pepe Unchained ICO raises $1 million </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>

Pepe price falls over 20% while Pepe Unchained presale raises $2.5m

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