The Pepe price surged over 5% in the last 24 hours, reaching $0.000006736 as of 12:45 a.m. EST as investors initiate an accumulation drive of the meme coin.

The PEPE price soared following an announcement by U.S.-based crypto exchange Coinbase that it will integrate support for Pepe perpetual futures on its platform. Initially scheduled for Apr. 18, the launch of Coinbase's 1000PEPE-PERP market was postponed due to technical issues. Trading is now set to commence on Apr. 23.

@CoinbaseIntExch will introduce support for Pepe perpetual futures on Coinbase International Exchange and Coinbase Advanced. The inauguration of our 1000PEPE-PERP market will occur on or after 9:30am UTC on 23 APR 2024.
— Coinbase International Exchange 🛡️ (@CoinbaseIntExch) April 22, 2024

The Pepe Price Breaks Major Resistance

4-hour chart for PEPE/USDT (Source: TradingView)
A bullish ascending triangle has emerged on PEPE's 4-hour chart as the altcoin established higher lows over the past 24 hours. During this period, the meme coin successfully overcame the resistance level at $0.00000631.

Should this chart pattern materialize, the frog-themed crypto may transform the subsequent barrier at $0.00000705 into support. A 4-hour candle close above this point could provide the impetus for the Pepe price to potentially escalate to as high as $0.00000829 in the near term.

A decline below the ascending triangle within the next 12 hours could invalidate this bullish thesis. In this alternative scenario, the meme coin could face the risk of correcting to the recently breached $0.00000631 mark.

Dropping beneath this safety net could trigger a wave of panic selling, potentially causing the Pepe price to plunge to $0.00000573.
The Pepe Price Might Correct Soon
Technical indicators on PEPE's 4-hour chart indicate that bearish pressure is mounting as the meme coin approaches the $0.00000705 resistance. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) indicators signal a potential reversal of the bullish trend that propelled the Pepe price throughout the previous trading day.

PEPE is currently in a positive cycle, as evidenced by the MACD line's position above the MACD Signal line. However, this trend appears to be waning as the MACD line descends towards the MACD Signal line.

A significant bearish technical flag is also on the verge of being triggered by the RSI on the 4-hour chart. Over the last 24 hours, the RSI reached a peak of 75 before declining. Now, the RSI is poised to cross below its Simple Moving Average (SMA) line. The intersection of these two lines within the next 24 hours could suggest a shift in momentum in favor of sellers.

While PEPE attempts to breach another resistance, multi-chain meme coin Dogeverse is attracting funds at an unprecedented rate through its ongoing presale.

Investors Are Flocking To This Meme Coin Presale For Potential Parabolic Gains
Dogerverse's presale commenced on Apr. 8 and has already raised over $9.76 million.

This investor enthusiasm surrounding the new crypto has made it one of the most popular meme coin presales in April and the entirety of 2024 so far.

Dogeverse is the first multi-chain meme coin, residing on prominent networks such as Ethereum, BNB Chain, Solana, Polygon, Avalanche, and even the Layer 2 chain Base.

This enables investors and token holders to seamlessly transfer value across chains and leverage the diverse fees and decentralized finance (DeFi) protocols available on each blockchain.

Beyond being the world's first multi-chain meme coin, Dogeverse (DOGEVERSE) also offers investors who purchase and stake their tokens at this early stage a highly attractive APY.

Offering Early Investors And Token Holders High Rewards
Individuals who purchase and stake their DOGEVERSE tokens during this ICO phase will be eligible for annual staking rewards of up to 112%. This, combined with the high utility associated with DOGEVERSE, could be contributing to the influx of investors eager to acquire the meme coin during its ICO.

To date, over 14 billion DOGEVERSE tokens have been secured within the project's ecosystem by optimistic investors.

DOGEVERSE on the #Avalanche Chain!🚀

Advantages:💫 Avalanche's swift confirmations enhance the token's usability🔁 Manages substantial transaction volumes, mitigating congestion
Disadvantages:
🔎 Excessive reliance may compromise decentralization🛡️ Interoperability introduces novel potential risks pic.twitter.com/X5haF9tKnV
— DogeVerse (@The_DogeVerse) April 22, 2024

To participate in this high APY, investors can visit the project's official website and connect their Web3 wallet to the platform. Priced at $0.0003, DOGEVERSE can be acquired using ETH, USDT, BNB, MATIC, AVAX, BASE, or a bank card.

DOGEVERSE can be purchased and staked for a 112% APY here.
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Source: https://thebittimes.com/pepe-price-prediction-pepe-pumps-5-as-futures-go-live-on-coinbase-and-the-first-multi-chain-meme-coin-dogeverse-nears-10m-in-15-days-of-presale-tbt86186.html