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The Pepe Price Jumps 3%, But Analysts Say Pepe Unchained Has Massive Growth Potential

Release: 2024/08/14 21:04 Reading: 532

Original author:InsideBitcoin News

Original source:https://coinmarketcap.com/community/en/articles/66bca6c23af4c640df908b34

The Pepe Price Jumps 3%, But Analysts Say Pepe Unchained Has Massive Growth Potential

Pepe Price Surges 3%, Buoyed by Investor Interest

In the past 24 hours, the Pepe price has surged 3% to $0.000008293 as of 8:10 a.m. EST, driven by investor accumulation of the meme coin.

Pepe Price Consolidates Within Sideways Channel

The Pepe price has been trading within a consolidation zone between $0.000007135 and $0.000008911 for several days. This period of sideways movement could potentially precede a significant price move.

Positive Technical Indicators Signal Continued Rise

Technical indicators on the 4-hour chart for PEPE suggest the potential for continued price appreciation. The Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) both display positive signals.

  • The MACD line has crossed above the MACD Signal line, indicating a potential short-term bullish trend. The growing gap between the two indicators further suggests increasing bullish momentum.
  • The RSI currently exceeds the 50 benchmark, indicating that buyers hold the upper hand. If this advantage is capitalized upon, the Pepe price may experience upward pressure in the next 24 hours.

Pepe Unchained Introduces Lightning-Fast Version of PEPE

Pepe Unchained (PEPU) aims to launch an upgraded version of the popular PEPE meme coin, addressing limitations posed by the Ethereum blockchain.

  • Pepe Unchained will operate on its own layer-2 network, enhancing scalability and empowering PEPE by offloading transaction processing from the Ethereum mainnet.
  • This upgrade will enable transaction speeds 100 times faster than other Ethereum-based meme coins, while reducing transaction costs.
  • Pepe Unchained's dual-network structure combines Ethereum's security with native high speeds, allowing seamless asset transfer between Ethereum and Pepe Unchained networks.

Investors Stake Funds in PEPU Presale

With over $8.7 million raised in the ongoing PEPU presale, investors have expressed positive sentiment towards the project's future. Key drivers include:

  • A 225% APY for early investors who purchase and stake PEPU.
  • The opportunity to acquire PEPU at a pre-launch price of $0.0090539.
  • Purchase and staking of PEPU can be facilitated through a simple buy widget on the project's website.

Related Articles:

  • Upcoming Crypto Presales: Unlock Early Investment Opportunities!
  • Whale Bets $3.13M On $PEPE As Pepe Unchained Raises $8.7M In ICO
  • THORChain Price Prediction: RUNE The Top Gainer After A 13% Surge, But Experts Say This Base Meme Coin Might Be The Best Crypto To Buy Now

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