DOGE price surges 19% as investors flock to rival PEPU

Department of Government Efficiency prices have surged 19% over the past 24 hours to trade at $0.2746 as of 2:48 AM EST, while volume has plummeted 26% to $24 million.

Government Efficiency and Price Department preparing for a reversal of the bullish trend.

Department of Government Efficiency prices experienced a strong bull rally from early November to mid-November. This can be seen in the significant upward price movement (highlighted by the green arrow). However, it then enters a retracement phase where the highs and lows become lower, forming a descending wedge pattern. gecko terminal.

Department of Government Efficiency price appears to be trying to break out of the downward channel, which could indicate the start of another upward move.

DOGE broke below the 50 simple moving average (SMA) on the 4-hour chart, coinciding with a downtrend. However, the Ministry of Government Efficiency price is still trading well above the 200 SMA, supporting a long-term bullish sentiment.

The Relative Strength Index (RSI) is currently at 51.15, having recovered from oversold conditions during the recent retracement and is now at a neutral level in the mid-range. This means that momentum is neither overbought nor oversold, and there is room for further upside if buying pressure continues.

The MACD line (blue) is crossing above the signal line (orange) following a bullish crossover. This is a potential sign of a bullish reversal. The histogram is also starting to turn positive, indicating that the bearish momentum is waning.

A breakout could cause the price of the Department of Government Efficiency to surge towards the next resistance level of $0.50.

However, if the downtrend continues, the 200 SMA ($0.13) could act as the next support level.

While Floki bulls aim for a continued surge, other investors are buying the new meme coin, Baby Unchained (PEPU)99Bitcoins, a cryptocurrency channel on YouTube with over 706,000 subscribers, says it could skyrocket 100x once launched in just 22 days.

Pepe Unchained Reaches Over $40 Million in Pre-sales – Pre-sale Ends in 22 Days

Pepe was originally built on the Ethereum blockchain and has long been limited to layer 1 technology, characterized by network delays and rising gas fees.

Pepe Unchained — Groundbreaking layer 2 blockchain technology.

Welcome to the future of meme coins. 🐸 pic.twitter.com/iC9b6YSynT

— Pepe Unchained (@pepe_unchained) September 6, 2024

Pepe Unchained A token based on PEPE that devises a plan to break free from one’s chains and embrace the future with Pepe Unchained. The project is also set to address the scalability, speed and efficiency issues that often plague meme coins built on layer 1 blockchains like Ethereum.

Pepe Unchained L2 Preview!

What we are building is not just a new chain, but an entire ecosystem.

🐸Pepe Unchained L2
🐸Block Explorer
🐸DEX
🐸Legs
🐸Advanced Analytics
🐸Builder Subsidy

Pepe Unchained is coming. And it will shake up the cryptocurrency space. pic.twitter.com/ZVnvgO6MGF

— Pepe Unchained (@pepe_unchained) September 26, 2024

Investors continue to purchase more PEPU, and currently have over $40 million in seed funding through pre-sales. The pre-sale is particularly attractive as it allows investors to stake their tokens immediately and receive expected annual returns of approximately 71%.

The pre-sale now also includes a countdown timer, with only 22 days left until the project is listed on Tier-1 exchanges. Could PEPU be the next meme coin to explode after it is likely to be listed on major exchanges like Coinbase or Binance?

You can purchase PEPU tokens for $0.01295 each before the pre-sale ends. To participate in the pre-sale: Buy PEPU on the official website Use ETH, USDT or bank card.

Buy PEPU here.

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