Pepe Price Crashes 10% as Experts Say This 2.0 PEPE Could Be The Best Meme Coin to Buy Right Now

The Pepe price has fallen 10% over the past 24 hours to $0.000007841 as of 3:00 AM ET, while volume has surged 40% to $673.4 million.

Despite the daily decline, PEPE is still up 17% on the weekly chart.

Pepe has not seen any major developments in the recent fundamental analysis of meme coins that would be a major factor. Instead, he has simply followed the lead of other major coins in the meme coin and the wider crypto world. Many in the crypto community currently expect the next big Bitcoin-led rally to come, with crypto prices continuing their rally for another year.

There is no telling when, or even if, a rally will occur. Historical data suggests that a rally is months away, but the crypto industry is more unpredictable than ever, and the timeline could shift in either direction.

Pepe Price Prediction

After more than 12 hours of sideways trading, the PEPE price has started to see increased activity and is already seeing a significant surge. The project is up more than 2% in the last hour, but seems to have hit resistance at $0.0000080.

Still, there is no denying that the start of the new week has brought strong bullish momentum. The Bollinger Bands for PEPE have suddenly widened, and the price has pushed the upper band quite high, which is a very bullish signal.

However, as for the token’s Relative Strength Index (RSI) value, as you can see in the chart above, it has surged from overbought to oversold within a matter of minutes. This suggests high volatility, meaning that a correction is likely to come just as sharply as the price surge.

However, since the rally seems to be influencing the broader market as well, PEPE may not react as expected given these signals, as PEPE seems to be following the rest of the market. Therefore, the $0.000008 resistance may be broken, and if the bulls succeed in maintaining control, the token price may continue to rise.

A promising alternative to Pepe

While the new week seems to be starting strong, the crypto sector is still very volatile, which can be an opportunity for professional traders but poses a huge risk for beginners. Fortunately, there are several great alternatives to Pepe right now, such as Pepe Unchained (PEPU).

This is the latest Pepe clone, and it is a cryptocurrency that is believed to have enormous potential. It may even be even greater than the original. The reason is that Pepe Unchained has emerged as the first Pepe meme coin with its own blockchain. The chain in question is a layer 2 blockchain developed on top of Ethereum, which gives PEPU an advantage over other Pepe clones.

Are you ready to connect to the first meme coin layer 2? Coming soon! 🐸🧠 pic.twitter.com/4Dgs0pSkot

— Pepe Unchained (@pepe_unchained) August 11, 2024

With its own chain, the project managed to “unchain” PEPE from Ethereum and its limitations (e.g. slow transaction speeds, high fees, lack of scalability). This led to the huge interest in the pre-sale of Pepe Unchained, which raised over $8.2 million as of August 12. Best of all, the ICO is still ongoing, selling PEPU at $0.0090178 each.

However, the PEPU price is not completely fixed. The price will increase with each new stage of the presale. In fact, the next scheduled increase is tomorrow, so it is beneficial for interested investors to buy before this price adjustment occurs. You can buy PEPU with ETH, BNB, USDT, or credit/debit cards.

Given that the PEPU ICO raised over $8 million and is regularly discussed on major cryptocurrency YouTube channels like Cryptonews, the project is expected to do very well and is expected to see a significant surge in the run-up to its launch. This presents a great opportunity for investors looking for a low-risk, high-potential investment.

Purchase PEPU from the official website.

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