Pepe Price Prediction As Whale Bets Big On PEPE And This Pepe Derivative ICO Goes Ballistic

Pepe Price Edging Up

The Pepe price has seen a slight uptick of 1% over the past 24 hours, trading at $0.000007555 as of 7:38 a.m. EST. This rise follows a substantial withdrawal of the meme coin from Binance.

Lookonchain, an on-chain tracking platform, highlighted a large transaction on September 2, indicating that a crypto whale moved 292.97 billion PEPE ($2.17 million) to a new wallet, suggesting long-term holding.

Pepe Price Technical Analysis

Pepe is currently encountering resistance at $0.000007727. A break above this level could provide the momentum for continued gains, potentially reaching $0.000008635.

However, a rejection at $0.000007727 could lead to a test of the support level at $0.000007094. A breach of this line could result in a drop to $0.000006488.

Technical indicators, including the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD), suggest a cooling in bullish momentum. If sellers capitalize on this, the Pepe price could fall below $0.000007094.

Pepe Unchained Upgrade

PEPE's growth has been limited by the high fees and slow transaction times of the Ethereum network. Pepe Unchained (PEPU), a layer-2 blockchain, aims to address these issues and become a platform for future meme coin projects.

Investors are bullish on PEPU due to its potential for enhanced functionality and the ability to seamlessly bridge assets between Ethereum and Pepe Unchained.

PEPU Presale Success

Pepe Unchained has raised over $11.6 million through its presale. Investors can currently acquire PEPU through the project's website and earn a 173% annual yield by staking the token. The token price is expected to increase within the next 21 hours.

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