Pepe Price Prediction: PEPE Plunges 5% As This Layer-2 Pepe Alternative Blasts Past $4 Million In Presale

Pepe Price Drops Amidst Meme Coin Market Decline

In the past 24 hours, Pepe's price has dipped by 5% to $0.00001180 as of 00:39 a.m. EST. Trading volume declined by 47% to $1 billion during this period.

The decline aligns with a broader 4% drop in the meme coin market, bringing its total capitalization to $49 billion.

Pepe Price Forecast: Bullish Breakout from Bullish Flag

Pepe has consolidated within the $0.0000090 range since July 5. In the past two days, buyers have gained dominance, pushing Pepe through a consolidation period.

After reaching the $0.00001257 resistance level, Pepe formed a bullish flag pattern. It now trades significantly above the 200-day Simple Moving Average (SMA), indicating a bullish trend that bulls could capitalize on.

The immediate resistance zone stands at $0.00001207, marked by the 50-day SMA. The Relative Strength Index (RSI) is approaching 50, suggesting increasing upward momentum as buyers maintain pressure.

Pepe Price Prediction

Bulls aim to continue the bullish trend beyond the bullish flag, targeting $0.0000140. Conversely, if bears take control at this level, Pepe could retrace to $0.00000990, coinciding with the 200-day SMA.

Pepe Unchained Presale Gains Traction

As Pepe seeks a bullish rally, investors have also turned their attention to Pepe Unchained (PEPU), an alternative token.

99Bitcoins, a YouTube channel with over 705,000 subscribers, has promoted the presale, encouraging investors not to miss out on its "insane rewards."

Pepe Unchained Features

Pepe, initially built on Ethereum, faced challenges due to network delays and rising gas fees. Pepe Unchained addresses these issues by introducing its own Layer 2 blockchain, freeing Pepe from these limitations.

This Layer 2 solution enhances scalability, speed, and efficiency. Pepe Unchained enables investors to seize market opportunities more effectively.

Staking Rewards

Token holders can earn passive income through the platform's staking system, offering an annual return of 464%.

How to Purchase $PEPU

$PEPU tokens can be purchased for $0.0084937 each. To participate in the presale, visit the official website and use ETH, USDT, or a bank card.

Note: This article is not intended as financial advice. Please conduct your own research before making any investment decisions.