Pepe

PEPE

The Pepe price plunged 7% in the last 24 hours <a href="https://coinmarketcap.com/currencies/node-ai/" rel="noopener noreferrer nofollow">to trade at $0.000007114</a> as of 00:31 a.m. EST on trading volume that plummeted 19% to $739 million.
This comes as the <a href="https://www.coingecko.com/en/categories/meme-token" rel="noopener noreferrer nofollow">meme coin space</a> fell 4% to a $38 billion market capitalization, with DOGE and SHIB following suit with a 4% decrease each.&nbsp;
<h2 id="pepe-price-bearish-can-pepe-recover-from-its-recent-decline">Pepe Price Bearish — Can Pepe Recover From Its Recent Decline?</h2>
Pepe price has been on a downward trend, with bears taking control around the $0.000007704 resistance zone, leading to the formation of a rounding top, according to data from <a href="https://www.geckoterminal.com/" rel="noopener noreferrer nofollow">GeckoTermina</a>l.&nbsp;
Additionally, a double-top pattern has emerged, further reinforcing the bearish momentum.
Currently, Pepe is trading below both the 50-day and 200-day Simple Moving Averages (SMAs), confirming the continuation of this bearish trend.&nbsp;
The Relative Strength Index (RSI) has dropped to 36.04, well below the 50-midline, signaling increased selling pressure.
Although the Moving Average Convergence Divergence (MACD) indicator shows a move towards the neutral zone, hinting at possible positive momentum, the MACD line crossing below the signal line has resulted in a bearish crossover, suggesting that downward pressure may persist.
<figure id="attachment_572650" aria-describedby="caption-attachment-572650" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="size-full wp-image-572650" src="https://insidebitcoins.com/wp-content/uploads/2024/09/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-09-04_07-45-52.png" alt="Pepe Price Chart Analysis Source: GeckoTerminal.com" width="1244" height="501" srcset="https://insidebitcoins.com/wp-content/uploads/2024/09/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-09-04_07-45-52.png 1244w, https://insidebitcoins.com/wp-content/uploads/2024/09/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-09-04_07-45-52-300x121.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/09/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-09-04_07-45-52-1024x412.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/09/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-09-04_07-45-52-768x309.png 768w" sizes="(max-width: 1244px) 100vw, 1244px">
 <figcaption id="caption-attachment-572650" class="wp-caption-text">
 PEPEUSD Chart Analysis Source: GeckoTerminal.com
 </figcaption>
</figure>
If the bears prevail, the price of Pepe might continue with its downward trajectory, with $0.000007034 acting as the immediate support level.
Conversely, if the bulls take control of the price at this level, the price of Pepe might rebound to reach the $0.00001000 target.
Meanwhile, other meme coin lovers are rapidly shifting their money to a new upgraded PEPE alternative called <a href="https://insidebitcoins.com/visit/pepeunchained" rel="noopener noreferrer nofollow">Pepe Unchained (PEPU)</a>.
According to 99Bitcoins, a popular crypto YouTube channel with over 706k subscribers, PEPU could be the next 10x meme coin.
<iframe title="Is PEPE UNCHAINED The Next 10X Meme Coin? $PEPU Raises $4,000,000" width="640" height="360" src="https://www.youtube.com/embed/vJZL1ohymeU?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>
<h2 id="pepe-unchained-raises-over-230k-in-24-hours-best-meme-coin-to-buy-now">Pepe Unchained Raises Over $230K in 24 Hours – Best Meme Coin to Buy Now</h2>
After raising over $234K in just 24 hours, Pepe Unchained has now surpassed $11.8 million in its presale.&nbsp;
Positioned as a superior alternative to $PEPE, Pepe Unchained aims to break PEPE free from its limitations, offering lower transaction costs and faster speeds for Pepe ownership.
Its new proprietary blockchain will also act as a launchpad for future meme coins and other tokens, benefiting from the same cost-efficient transactions as $PEPU.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Who needs some Brain Powder?
 Pepe is gearing up for the official launch of his very own blockchain! 🚀 <a href="https://t.co/kZC72UmxFy" rel="noopener noreferrer nofollow">pic.twitter.com/kZC72UmxFy</a>
 — Pepe Unchained (@pepe_unchained) <a href="https://twitter.com/pepe_unchained/status/1803856656704618843?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 20, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Token holders can also earn passively through <a href="https://insidebitcoins.com/visit/pepeunchained" rel="noopener noreferrer nofollow">the platform’s staking system</a>, which offers an annual percentage yield (APY) of 171%.
You can buy $PEPU tokens for $0.0094982 each. With a price hike coming in about 35 hours, buy soon to lock in the best deal.
To join the presale, <a href="https://insidebitcoins.com/visit/pepeunchained" rel="noopener noreferrer nofollow">buy $PEPU from the official website here</a> using ETH, USDT, or a bank card.
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Pepe Price Prediction: PEPE Plunges 7%, But This PEPE 2.0 Presale Raises Over $230K In 24 Hours

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