Pepe Price Prediction: PEPE Soars 16%, But Experts Say This Chain-Traveling Dogecoin Derivative May Be The Best Meme Coin To Buy Now

Pepe Price Prediction: Pepe Soars 16%, but Experts Say This Chain-Traveling Dogecoin Derivative May Be the Best Meme Coin to Buy Now

The Pepe price has surged 16% in the past 24 hours to trade for $0.00000783 as of 02:07 a.m. EST on trading volume that climbed 6%.

PEPE is not alone as sector peers like Dogecoin (DOGE), Shiba Inu (SHIB), Dogwifhat (WIF), Bonk Inu (BONK), and Floki Inu (FLOKI) all rallied. Some say meme coins are the sector that will start the next bull run.

#Memecoins Will Start The Bull Run.
— JAKE (@JakeGagain) May 2, 2024

Another investor on X, @BullrunMicro, has echoed the sentiment, saying meme coins are the sector to watch when you want to know when the uptrend will start again.

Keep an eye on the Memecoins world to know when the uptrend will start again 🙃 Memecoins will lead the way…
– #GROK– #DUKO– #ROOST
That's gonna be the winning Trio😉 pic.twitter.com/g3cFb9uUd9
— MicroCapsBullrun (@BullrunMicro) May 2, 2024

Pepe Price Prediction

The Pepe price is trading with a bullish bias, consolidating along an ascending trendline with the potential to record more gains. The odds point to a continuation of the uptrend. This is given the climbing Relative Strength Index (RSI), suggesting that buyer momentum is rising.

The Awesome Oscillators (AO) indicator reinforces this position, with its histograms flashing green to show a growing bullish sentiment in the meme coin market. The upward trajectory of the 100- and 200-day Simple Moving Averages (SMAs) at $0.00000503 and $0.00000312 respectively show it is the path with the least resistance.

Enhanced buying pressure above current levels could see the Pepe price flip the $0.00000812 resistance into a support floor. Further north, a resolve by the bulls could push PEPE above the $0.00000900 psychological level, or higher, clearing the $0.00001042 before a chance to reclaim the $0.00001084 range high.

Such a move would constitute a climb of nearly 40% above current levels.

TradingView: PEPE/USDT 1-day chart
Converse Case

On the other hand, if PEPE holders begin to cash in on the gains made over the past three days, the Pepe price could retract. This could see the frog-themed meme coin lose the support offered by the 50-day SMA at $0.00000707.

In a dire case, the Pepe price could drop below the $0.00000600, effectively losing the support offered by the ascending trendline. This would invalidate the bullish thesis. Enhanced seller momentum could send the Pepe price below the support offered by the 100-day SMA at $0.00000503.

As meme coins hint at a possible recovery in the market, the DOGEVERSE presale has shattered fundraising expectations by pulling in over $13.2 million.

Crypto analyst and YouTuber Mathew Perry says this chain-traveling Dogecoin derivative may be the new Dogecoin and might be the best meme coin to buy now.

Promising Alternative To PEPE

Dogeverse is a new meme coin that is capturing the attention of cryptocurrency enthusiasts with its engaging dog-themed branding, and its advanced technological framework.

Never underestimate the power of flexibility and choice! 💪 🏋️‍♀️
$DOGEVERSE offers something uniquely different to others…offering yourself a preferred #Blockchain. 🌍
Whether it’s #ETH, #SOL, #BNB Chain, #BASE, #MATIC or #AVAX, align with YOUR needs for speed and cost!
— DogeVerse (@The_DogeVerse) May 2, 2024

Dogeverse is not just another meme coin. It sets itself apart with revolutionary multi-chain bridging technology. This innovative technology enables seamless transactions across various blockchain networks. They include Ethereum, Base, Binance Smart Chain, Polygon, Avalanche, and Solana.

The SOL-specific version of the Dogeverse website makes it possible to buy DOGEVERSE tokens using Circle’s USDC, the choice stablecoin on the Solana network.

#Cosmo ventures to a new world in the vast #Blockchain Universe! 🚀
This time landing on planet #Solana and expanding the horizons of the #DOGEVERSE even more! 🪐
Empowering users with benefits like:
⚡️ Lightning-Fast Transactions💸 Low Transaction Costs🌐 Scalability and… pic.twitter.com/BH4l5RjhIS
— DogeVerse (@The_DogeVerse) April 30, 2024

The significance of the multichain feature lies in its ability to enhance the versatility and accessibility of Dogeverse. By facilitating transactions across multiple chains, it ensures greater convenience for users.

This could lead to broader adoption and increased demand for the token. This uniqueness continues to draw significant attention to the project. YouTuber Cilinix Crypto says it could pave the way for substantial gains post-launch.

Bridging services themselves are not new to the blockchain ecosystem. This is why the integration of such functionality within a meme coin like Dogeverse represents a novel approach. This strategy cleverly combines the familiarity and popularity of dog-themed coins with practical utility.

🚨 Have you bought and claimed $DOGEVERSE on the #Solana chain yet?! 🤔🔥
You can now buy $DOGEVERSE on any of these 6 chains including #Ethereum, #BNB Chain, #Polygon, #Avalanche, #Base, and #Solana.
Find out more: https://t.co/A1puHpzM32#AltSeason #Cryptocurrencies $DOGE pic.twitter.com/0UDMPqDnBR
— DogeVerse (@The_DogeVerse) May 1, 2024

It goes beyond mere speculation. This blend of endearing themes and technological innovation positions Dogeverse to make a substantial impact on the evolving world of cryptocurrencies.

💫 Advantages of $DOGEVERSE! 🚀🌍
The $DOGEVERSE token is minted on #Ethereum and is unique in that it can also be claimed, stored and traded on #Solana, #BNB Chain, #Base, #Polygon, or #Avalanche using #Wormhole and Portal Bridge tech. 💪 pic.twitter.com/H1ixNWVjj7
— DogeVerse (@The_DogeVerse) April 29, 2024

The project is also taking proactive steps to boost liquidity and fuel growth. This is by offering additional tokens and strategically buying back some coins in circulation. You won’t find this in many projects in the market today. It underscores Dogeverse’s ambition to move beyond the typical meme coin hype.

🚀 We Did It! $13 Million. 🤯
$DOGEVERSE the first #Doge #Presale spanning #Ethereum, #BNB Chain, #Polygon, #Solana, #Avalanche, and #Base…and it's showing!
Cosmo is wagging his tail in appreciation, and so are we! 🌍🐕
The #Presale is still ongoing 💥 #MemeCoinSeason pic.twitter.com/GIUWSBCYcH
— DogeVerse (@The_DogeVerse) May 2, 2024

Buy DOGEVERSE In The Presale

The DOGEVERSE token is currently selling for $0.000305. With a price increase coming in less than two hours, buy now for the best deal if you are interested.

Visit and buy Dogeverse tokens here.

Also Read:

• How to Buy Dogeverse – $DOGEVERSE Presale Review
• Best Metaverse Crypto Projects: Top Picks for NFT and Virtual World Enthusiasts
• Top 5 Meme Coins to Diversify Your Portfolio for Potential Gains – $DOGEVERSE, $DOGE20, $SHIB, $PEPE, and $FLOKI
• Zach Humphries Honest Insights on Dogeverse – The Newest Multi-Chain Dog Meme Coin
• Top 5 Meme Coins to Buy After Bitcoin Halving – $PEPE, $DOGEVERSE, $CUMMIES, $DOGE, $SLOTH

Source: https://thebittimes.com/pepe-price-prediction-pepe-soars-16-but-experts-say-this-chain-traveling-dogecoin-derivative-may-be-the-best-meme-coin-to-buy-now-tbt87310.html