Price: $0.38369 -0.1138%
Market Cap: 56.36B 1.7265%
Volume (24h): 8.07B 0.4%
Dominance: 1.7265%
Price: $0.38369 -0.1138%
Market Cap: 56.36B 1.7265%
Volume (24h): 8.07B 0.4%
Dominance: 1.7265% 1.7265%
  • Price: $0.38369 -0.1138%
  • Market Cap: 56.36B 1.7265%
  • Volume (24h): 8.07B 0.4%
  • Dominance: 1.7265% 1.7265%
  • Price: $0.38369 -0.1138%
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.

Selected Topics

  • Dogecoin whale activity
    Dogecoin whale activity
    Get the latest insights into Dogecoin whale activities with our comprehensive analysis. Discover trends, patterns, and the impact of these whales on the Dogecoin market. Stay informed with our expert analysis and stay ahead in your cryptocurrency journey.
  • Dogecoin Mining
    Dogecoin Mining
    Dogecoin mining is the process of adding new blocks of transactions to the Dogecoin blockchain. Miners are rewarded with new Dogecoin for their work. This topic provides articles related to Dogecoin mining, including how to mine Dogecoin, the best mining hardware and software, and the profitability of Dogecoin mining.
  • Spacex Starship Launch
    Spacex Starship Launch
    This topic provides articles related to SpaceX Starship launches, including launch dates, mission details, and launch status. Stay up to date on the latest SpaceX Starship launches with this informative and comprehensive resource.
  • King of Memes: Dogecoin
    King of Memes: Dogecoin
    This topic provides articles related to the most popular memes, including "The King of Memes: Dogecoin." Memecoin has become a dominant player in the crypto space. These digital assets are popular for a variety of reasons. They drive the most innovative aspects of blockchain.