Slerf Price Prediction: SLERF Slumps 15% As Experts Say Consider This PEPE 2.0 Meme Coin For Exponential Potential

The Slerf price plunged 15% in the past 24 hours, trading at $0.1983 as of 8.45 a.m. EST. Trading volume surged 30% to $43 million.

Like most other cryptocurrencies, SLERF's price has been declining amidst a bearish market trend. Bitcoin has fallen below $60k for the first time since late February, fueling a sentiment that few cryptocurrencies have been able to withstand.

Previously, the SLERF price had been fluctuating between a support level of $0.20 and a resistance level of $0.50 for several months. It often reached midway to the resistance level before losing momentum and falling back to the support level. However, the support level appears to have been breached, leading SLERF to its all-time low and creating uncertainty about its future.

Slerf Price Prediction

Despite SLERF's prolonged decline, technical indicators suggest that the situation may not improve anytime soon.

• Bollinger bands: The project's Bollinger bands widened significantly during the initial price drop, but have since narrowed to their smallest extent this week. Additionally, the price continues to break below the lower band, indicating a strong bearish signal.
• Relative Strength Index (RSI): Pepe Unchained's RSI has repeatedly dipped into the oversold zone in the past two days before briefly recovering to the neutral zone, indicating buying opportunities for some traders. However, these recoveries have been met with profit-taking and renewed selling, as evidenced by the subsequent RSI drops. The RSI score is currently falling back into the oversold zone, suggesting the possibility of further price decline in the coming hours.

Alternative Options to Slerf

While SLERF's current price trend may seem concerning, investors seeking to enter the lucrative meme coin sector still have promising alternatives. One such option is to consider presales that are immune to market volatility until their launch.

Pepe Unchained (PEPU)

Pepe Unchained (PEPU) is a promising presale that has gained investor attention, raising over $2.2 million in just 19 days. It positions itself as the superior Pepe token and is the first to operate on its own blockchain, a Layer 2 chain built on Ethereum.

Benefits of Pepe Unchained's Layer 2 blockchain:

• Enhanced security: Inherits the security features of the Ethereum Layer 1 network.
• Scalability: Higher transaction volume and faster speeds compared to Ethereum-based meme coins.
• Low fees: Lower transaction fees in comparison.
• Instant bridging: Facilitates instant bridging between ETH and Pepe chain.
• Transparency: Provides a dedicated block explorer for increased transparency.

Pepe Unchained has caught the attention of popular crypto influencers like Jacob Crypto Bury, who has recommended PEPU as a potential 10x Pepe alternative. Currently, PEPU tokens are priced at $0.0082596 each. Investors can purchase PEPU tokens on the official website using ETH, BNB, USDT, or credit/debit cards with a price increase expected in less than two days.