Pepe

PEPE

The Pepe price has soared 12% in the past month and almost 4% over the last 24 hours to trade for $0.00001217 as of 00:54 a.m. EST. 
Trading volume is up 66%, suggesting increasing interest among PEPE holders, likely attributed to the recently launched spot Ethereum ETFs (exchange-traded funds). 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 History was made today. 
 Spot <a href="https://twitter.com/hashtag/ETH?src=hash&amp;ref_src=twsrc%5Etfw">#ETH</a> ETFs are now live! 
 — Crypto Banter (@crypto_banter) <a href="https://twitter.com/crypto_banter/status/1815743577944711441?ref_src=twsrc%5Etfw">July 23, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
As institutional players join retail in seeking exposure to Ether, Ethereum-based tokens enjoy capital and attention overflows. Standing among the most popular projects on the Ethereum blockchain, Pepe is positioned to gain as investors diversify portfolios with low market cap projects. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 PEPE Prices to Surge with Ethereum ETFs—What’s Next?<a href="https://t.co/x4nle44oMf">https://t.co/x4nle44oMf</a><a href="https://twitter.com/hashtag/PEPE?src=hash&amp;ref_src=twsrc%5Etfw">#PEPE</a> <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://twitter.com/hashtag/EthereumETFs?src=hash&amp;ref_src=twsrc%5Etfw">#EthereumETFs</a> <a href="https://twitter.com/hashtag/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw">#Altcoins</a> <a href="https://twitter.com/hashtag/CryptoNews?src=hash&amp;ref_src=twsrc%5Etfw">#CryptoNews</a> <a href="https://twitter.com/hashtag/CryptoMarket?src=hash&amp;ref_src=twsrc%5Etfw">#CryptoMarket</a> <a href="https://twitter.com/hashtag/Blockchain?src=hash&amp;ref_src=twsrc%5Etfw">#Blockchain</a> <a href="https://twitter.com/hashtag/Cryptocurrency?src=hash&amp;ref_src=twsrc%5Etfw">#Cryptocurrency</a> <a href="https://twitter.com/hashtag/NFTs?src=hash&amp;ref_src=twsrc%5Etfw">#NFTs</a> <a href="https://t.co/SrZOXX9Gdx">pic.twitter.com/SrZOXX9Gdx</a> 
 — CryptosHeadlines.com (@CryptosHeadline) <a href="https://twitter.com/CryptosHeadline/status/1815990912797008296?ref_src=twsrc%5Etfw">July 24, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
The interest in PEPE mirrors what is reflected among meme coins amid prevailing bullish sentiment in the market. According to a <a href="https://www.coingecko.com/research/publications/2024-q2-crypto-report" target="_blank" rel="noopener">CoinGecko report</a>, meme coins were the most popular narrative in the second quarter (Q2) of 2024. 
The sector accounted for 14.3% of the market share, followed by RWA and AI narratives with 11.30% and 10.09%, respectively. 
<h2 id="pepe-price-prediction">Pepe Price Prediction</h2> 
The Pepe price is trading with a bullish bias, recording higher highs on the one-day timeframe. Nevertheless, the upside potential appears limited, considering the range-bound Relative Strength Index (RSI). 
As seen on the daily chart below, this momentum indicator is chopping horizontally, limiting the Pepe price’s capability to overcome resistance at $0.00001249. 
Nevertheless, the RSI position above the mean level of 50 inspires promise, suggesting the bulls have the advantage. Moreover, the Moving Average Convergence Divergence (MACD) is above the signal line, showing buyers show more strength than sellers do. 
In the same way, the MACD is in positive territory, with its histograms still flashing green. This indicates abounding bullish sentiment in the PEPE market. Nevertheless, traders looking to take new long positions on the frog-themed token should consider waiting for a candlestick close above the $0.00001249 resistance level. 
However, for the skeptics, a move above $0.00001362 would be a good entry point, marking an escape from the Fibonacci Golden Zone, which is characterized by massive volatility. 
<a href="https://insidebitcoins.com/wp-content/uploads/2024/07/PEPw.png"><img decoding="async" class="aligncenter wp-image-556453 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/07/PEPw.png" alt="PEPE price" width="1366" height="767" srcset="https://insidebitcoins.com/wp-content/uploads/2024/07/PEPw.png 1366w, https://insidebitcoins.com/wp-content/uploads/2024/07/PEPw-300x168.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/07/PEPw-1024x575.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/07/PEPw-768x431.png 768w" sizes="(max-width: 1366px) 100vw, 1366px"></a> 
<a href="https://www.geckoterminal.com/eth/pools/0x11950d141ecb863f01007add7d1a342041227b58" target="_blank" rel="noopener">GeckoTerminal: PEPE/USD 1-day chart</a> 
On the other hand, if sellers have their way, the Pepe price could drop. A slip below $0.00001136 would trigger panic selling, potentially sending the Ethereum-based token to $0.00000975. For the big-picture bullish outlook to be invalidated, however, the Pepe price must drop below $0.00000771 in the one-day timeframe. 
Elsewhere, the popular YouTube channel 99Bitcoins, with upwards of 705k subscribers, is bullish on Pepe Unchained (PEPU), a presale that it says has the potential to soar 100x after launch. 
<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> 
<h2 id="strong-promising-alternative-to-pepe-strong">Promising Alternative To PEPE</h2> 
<a href="https://insidebitcoins.com/visit/pepeunchained" target="_blank" rel="noopener nofollow">Pepe Unchained</a> aims to emulate the success of predecessor PEPE, which has delivered mind-blowing returns to early investors. The frog-themed meme coin continues to defend its position on the leaderboard and PEPU commits to surpass it. 
As its name suggests, Pepe Unchained aims to set Pepe free from his old, clunky Layer-1 blockchain world. With this commitment, PEPU will run on its own proprietary Ethereum Layer 2 blockchain. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Pepe is preparing to launch his own Layer 2 blockchain solution soon: 
 🧠 Instant bridging between ETH and Pepe Chain 🧠 Lowest transaction fees 🧠 100x faster transaction speeds compared to ETH 🧠 Dedicated Block Explorer 
 Get ready to join the future with Pepe Unchained! ⛓️🐸 <a href="https://t.co/9gxNnddMyq">pic.twitter.com/9gxNnddMyq</a> 
 — Pepe Unchained (@pepe_unchained) <a href="https://twitter.com/pepe_unchained/status/1813935567916409300?ref_src=twsrc%5Etfw">July 18, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
With this, the project aims to distinguish itself in the highly speculative meme coin market. To this end, it tackles the issues that often plague meme coins running on the Ethereum Layer-1 blockchain. These include scalability, speed, and efficiency. 
Token holders can earn passively through&nbsp;the platform’s staking system, which offers an annual percentage yield (APY) of 371%. More than 431 million PEPU tokens are already staked. The distribution of rewards will occur at a rate of 608.82 PEPU tokens per ETH block, to be disbursed over 2 years. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Pepe Unchained raises $5M in in just weeks! 
 Thanks to your amazing support, Pepe's blockchain journey is just beginning 🐸🧠 <a href="https://t.co/fnPbr0s1Pw">pic.twitter.com/fnPbr0s1Pw</a> 
 — Pepe Unchained (@pepe_unchained) <a href="https://twitter.com/pepe_unchained/status/1815828996279636030?ref_src=twsrc%5Etfw">July 23, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
You can buy $PEPU tokens for $0.0086304 each. With a price hike coming in less than 2 days, buy soon to lock in the best deal. 
<a href="https://insidebitcoins.com/visit/pepeunchained" target="_blank" rel="noopener nofollow">Visit and buy Pepe Unchained here</a>. 
<h3 id="strong-also-read-strong">Also Read:</h3> 
<ul> 
 <li><a href="https://insidebitcoins.com/news/meme-coin-whales-gobble-up-pepe-unchained-pepu-as-ico-rockets-past-500000">Meme Coin Whales Gobble Up Pepe Unchained ($PEPU) As ICO Rockets Past $500,000</a></li> 
 <li><a href="https://insidebitcoins.com/news/pepe-unchained-ico-explodes-with-150k-raised-in-minutes-new-layer-2-meme-coin-to-watch">Pepe Unchained ICO Explodes With $150K Raised In Minutes, New Layer 2 Meme Coin To Watch</a></li> 
 <li><a href="https://insidebitcoins.com/news/should-investors-buy-bitcoin-btc-this-week-or-pepe-unchained-pepu">Should Investors Buy Bitcoin (BTC) This Week Or Pepe Unchained (PEPU)</a></li> 
 <li><a href="https://insidebitcoins.com/buy-cryptocurrency/how-to-buy-pepe-unchained">How to Buy Pepe Unchained – $PEPU Presale Review&nbsp;</a></li> 
 <li><a href="https://www.linkedin.com/pulse/what-crypto-presale-quick-guide-getting-ground-floor-new-calsona-mwpve">What is a Crypto Presale? A Quick Guide to Getting in on the Ground Floor of New Cryptocurrencies!</a></li> 
</ul>

Pepe Price Prediction: PEPE Soars 12% In A Month, But Experts Say This Layer-2 Derivative Might Be The Best Crypto To Buy Now

Spis treści

Inside Bitcoins

Inne artykuły opublikowane 24 lip 2024

Catizen Gains Momentum with Binance Labs Investment

Mt. Gox Bitcoin Saga Continues: Sends $2.47B to Unidentified Wallet

6 Reasons Why The XRP Price ‘Will Pump’: Crypto Pundit

Bullish Bitcoin traders better positioned for Friday’s $5.5B options expiry

BitGo Integrates Stacks Blockchain, Paving the Way for Bitcoin-Native DeFi Expansion

THORChain Price Prediction: Can RUNE Price Dominate The Altcoin Market?

Zapisz się na bezpłatny newsletter i otrzymuj codzień aktualności ze świata kryptowalut!