Tron price soars as Pepe Unchained pre-sale closes at $70 million

The price of TRON has surged 66% in the past 24 hours, trading at $0.3942 as of 2:25 AM EST, with trading volume surging 475% to $16 billion.

According to CoinMarketCap, the TRX price pump was the top gainer among the 100 largest cryptocurrencies by market capitalization.

Tron price due to continuous price rise

The chart shows a strong bullish trend, especially over the past few days, with the price jumping significantly within the $0.20 range following a relatively flat consolidation phase around mid-November. gecko terminal.

big spikes of price of tron This is accompanied by a sharp increase in trading volume, indicating significant buying interest. However, recent candles indicate some degree of profit-taking, as there has been a pullback from recent highs.

TRX is currently trading above the 50-day and 200-day simple moving averages (SMAs), indicating a continued upward trend.

Meanwhile, the Relative Strength Index (RSI) is currently at 79, indicating that the asset is currently under extreme buying pressure.

This high RSI is often accompanied by euphoric buying, but it also serves as a cautionary signal for a potential cooldown.

The MACD line (blue, 0.0424) is well above the signal line (orange, 0.0215) and is in positive territory. This confirms that the bullish momentum is still in effect. However, the rapid expansion of the MACD histogram indicates that momentum may have peaked and soon begin to slow down.

Tron price prediction

According to 4-hourly TRON price analysis, TRX is currently in a continuous upward trend. If buying pressure continues, the price could rise above $0.50.

A downtrend is likely due to profit taking and overbought situations. Support levels to watch are $0.30 (psychological level and previous resistance), followed by the 50-day SMA at $0.22.

Meanwhile, as the price of XYO soared, Baby Unchained (PEPU) The pre-sale is another token on a tear after the funds raised surpassed $69.7 million.

YouTube channel 99Bitcoins, which has over 706,000 subscribers, says it has the potential to turn $1,000 into $10,000 in about 10 days after launch.

Pepe Unchained Pre-sale – Less than 9 days left and they might sell out first

Pepe Unchained isn’t just another meme coin vying for attention. It’s about rewriting the rules of the game. At the heart of this ambitious project is our own Layer 2 blockchain, a technological leap designed to strengthen the PEPE brand.

This blockchain promises to deliver transaction speeds 100 times faster than any other project currently on the market, while reducing network fees to a fraction of the current cost of Ethereum. PEPU tokens will power this innovative ecosystem, providing users with extremely fast and cost-effective transactions.

To demonstrate the potential of blockchain, Pepe Unchained launched its own token launchpad, directly challenging platforms like Solana’s Pump.fun.

Excitement for PEPU is reaching new heights, especially with whispers of its imminent listing on Tier-1 exchanges.

We were approached by several interested Tier 1 exchanges. $PEPU.

This is an exciting opportunity to increase visibility and liquidity, but it also requires careful planning to ensure the best possible launch.

— Pepe Unchained (@pepe_unchained) September 18, 2024

Investors are speculating that a listing on a major platform like Binance or Coinbase could trigger a massive price surge following launch, similar to what happened after PEPE recently debuted on Coinbase and Robinhood.

Token holders can also earn passively through the platform’s staking system, which offers a 54% Annual Percentage Yield (APY).

you can Buy $PEPU tokens for $0.01295 on the official website here. Use ETH, USDT or bank card. There are just under 9 days left, but get yours quick in case tokens sell out first.

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