Price: $0.38415 -1.3663%
Market Cap: 56.39B 1.8984%
Volume (24h): 24.67B 0.4%
Dominance: 1.8984%
Price: $0.38415 -1.3663%
Market Cap: 56.39B 1.8984%
Volume (24h): 24.67B 0.4%
Dominance: 1.8984% 1.8984%
  • Price: $0.38415 -1.3663%
  • Market Cap: 56.39B 1.8984%
  • Volume (24h): 24.67B 0.4%
  • Dominance: 1.8984% 1.8984%
  • Price: $0.38415 -1.3663%
Home > Information news > Pepe Coin Price Jumps 59% as Pepe Unchained’s Presale Crosses $27 Million Milestone

Pepe Coin Price Jumps 59% as Pepe Unchained’s Presale Crosses $27 Million Milestone

Release: 2024/11/12 11:48 Reading: 728

Original author:Inside Bitcoins

Original source:https://coinmarketcap.com/community/articles/6732c93f3e1f5d725a6b9ebc

Pepe Coin: A Prominent Contender in the Cryptocurrency Market

Within the crypto market, Pepe coin (PEPE) has garnered considerable attention and is anticipated to have significant potential. As the broader market gains momentum, optimism grows that Bitcoin's dominance may diminish, creating opportunities for altcoins and meme coins like Pepe coin.

PEPE's Market Standing and Outlook

$PEPE holds a strong position within the meme coin space due to its established presence and sustained market interest. The current market sentiment, driven by increased retail participation and a resurgence of optimistic sentiment, fuels the excitement surrounding the coin.

PEPE Cryptocurrency Price Analysis

Currently, $PEPE trades at $0.0000128, with a 24-hour trading volume of $3.02 billion and a market capitalization of $5.42 billion. Over the past 24 hours and seven days, the coin has gained 1.32% and 59%, respectively.

$PEPE's price is trading above its 50-day Simple Moving Average (SMA) of $0.00000964 and its 200-day SMA of $0.00000911. With a 14-day Relative Strength Index (RSI) of 66.87, the coin's momentum remains neutral.

PEPE's Growth Potential

Despite being below its previous all-time high, $PEPE is believed to have substantial upside potential. It is projected to potentially make a 44% move to reach its former peak, with an ultimate target of a 90% increase. This growth could result in a market capitalization of $10 to $15 billion, which is considered realistic.

As Bitcoin continues to exhibit impressive growth, altcoins, including Pepe coin, are expected to capitalize on this momentum. $PEPE's technical indicators suggest there is still room for upward movement, making it a noteworthy coin for observation in the near term.

Pepe Unchained: A Strong Challenger to Pepe Coin

While Pepe coin exhibits bullish indicators, investors are also turning their attention to the Pepe Unchained presale, which has recently surpassed the $27 million milestone. Pepe Unchained aims to position itself as a compelling low-market cap alternative to $PEPE.

With a significant amount raised during its presale, Pepe Unchained has attracted attention due to its growth potential. The $PEPU token is currently priced at $0.01259, and its price is expected to increase throughout the ICO, with the next price hike scheduled for the near future.

The project seeks to establish a robust ecosystem featuring a decentralized exchange (DEX), staking rewards, and a bridge for enhanced liquidity. Prospective investors can find more information on purchasing $PEPU tokens .

Pepe Unchained is developing an innovative Layer-2 (L2) solution known as the 'Pepe Chain,' which addresses the scalability challenges faced by the original Pepe coin. Ethereum, while a significant blockchain platform, has limitations, such as processing only a limited number of transactions per second.

Pepe Chain aims to overcome these barriers, promising faster and more cost-effective transactions than Ethereum. By reducing transaction fees and improving speed, Pepe Unchained could become an attractive option for investors who prioritize efficiency.

Additionally, Pepe Unchained has introduced 'Pepe Frens with Benefits,' a grant program that encourages community members to build applications on its L2 network. Grant applications will open in Q4 2024, providing developers with an opportunity to contribute to the growing $PEPU ecosystem.

With a capped token supply of 8 billion and 40% already sold in the presale, Pepe Unchained has garnered strong investor interest. A key feature is the staking option, which offers an approximate annual percentage yield (APY) of 90%.

Pepe Unchained's community is rapidly expanding, with over 52.8k followers on its X page and 12k members in its Telegram group. The project is well-positioned to achieve even greater visibility and presence.

Given its promising features and growth trajectory, Pepe Unchained has the potential for significant growth, offering potential returns ranging from 10x to 100x. Pepe Unchained's combination of compelling narrative, innovative products, and strong community engagement makes it a notable contender in the meme coin space. To participate in the $PEPU token presale, visit .

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