Price: $0.38837 0.954%
Market Cap: 57.01B 1.915%
Volume (24h): 24.97B 0.4%
Dominance: 1.915%
Price: $0.38837 0.954%
Market Cap: 57.01B 1.915%
Volume (24h): 24.97B 0.4%
Dominance: 1.915% 1.915%
  • Price: $0.38837 0.954%
  • Market Cap: 57.01B 1.915%
  • Volume (24h): 24.97B 0.4%
  • Dominance: 1.915% 1.915%
  • Price: $0.38837 0.954%
Home > Information news > Analyst gives bearish outlook on Pepe; Pepe Unchained may offer more potential

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

Release: 2024/08/21 01:07 Reading: 741

Original author:crypto.news

Original source:https://coinmarketcap.com/community/en/articles/66c4c6d016e6123289275ba6

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

Pepe's Momentum Dwindles Amid Bearish Analyst Forecast

Pepe's surge in popularity earlier this year has tapered off, and a leading analyst has issued a bearish forecast.

Analyst Predicts Further Price Decline

According to Nebraskagooner, Pepe's current price chart resembles that of Cardano before a significant drop. Target price projections suggest a potential 74% selloff from current levels, potentially marking an 88% loss for those who purchased at the all-time high.

Another analyst, Polaris_xbt, also anticipates a decline to $0.000002 before a potential recovery.

New Meme Coin Emerges with Strong Presale

Amidst Pepe's downturn, a new Pepe-themed crypto, Pepe Unchained, is gaining traction. Its presale has raised over $9.5 million, indicating significant market interest.

Pepe Unchained's Unique Features

Unlike imitators, Pepe Unchained boasts unique technology:

  • First memecoin with its own Ethereum Layer 2 blockchain
  • Fast and low-cost transaction processing
  • Dedicated sandbox for memecoin developers

Potential Passive Rewards

PEPU token holders can stake their tokens for passive rewards. ClayBro, a popular analyst, predicts that Pepe Unchained has the potential to become a leading meme coin due to its presale momentum and technological advancements.

Presale Details

The current presale price of Pepe Unchained is $0.009163, with future price increases scheduled. For more information, visit the Pepe Unchained presale website.

Disclaimer: This article is for educational purposes only and does not constitute investment advice. Conduct thorough research before making any financial decisions.

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