Pepe Price Prediction: PEPE Down 7%, But This PEPE 2.0 Presale Raises Over $230K in 24 Hours

Baby price has decreased by 7% in the last 24 hours. Trading at $0.000007114 As of 00:31 AM ET, trading volume was down 19% to $739 million.

This comes as Meme Space Coin DOGE and SHIB shares fell 4% to $38 billion in market cap, followed by DOGE and SHIB, down 4% each.

Pepe’s Stock Price Is Heading Down – Can Pepe Recover From Its Recent Drop?

Pepe price has been in a downtrend, with bears controlling the $0.000007704 resistance area, forming a rounded top, according to data from Jicoterminato.

In addition, a double top pattern emerged, which further strengthened the bearish momentum.

Currently, Pepe stock is trading below the 50-day and 200-day simple moving averages (SMA), confirming the continuation of this downtrend.

The Relative Strength Index (RSI) has fallen to 36.04, well below the 50 midline, indicating increased selling pressure.

Although the Moving Average Convergence Divergence (MACD) indicator is showing a move towards the neutral zone, indicating a potential positive momentum, the MACD line crossing below the signal line resulted in a bearish crossover, indicating that the downward pressure may continue.

If the bears prevail, Pepe price may continue its downward path, with the 0.000007034 level acting as an immediate support level.

Conversely, if bulls control the price at this level, Pepe price may rise to reach the target of $0.00001000.

Meanwhile, other coin enthusiasts are quickly shifting their funds to the new updated PEPE alternative called Baby Unrestricted (PEPU).

According to 99Bitcoins, a popular cryptocurrency YouTube channel with over 706k subscribers, PEPU could be the next 10x meme coin.

Pepe Unchained Raises Over $230K in 24 Hours – Best Meme Coin to Buy Now

After raising over $234,000 in just 24 hours, Pepe Unchained has now surpassed $11.8 million in pre-sale sales.

Pepe Unchained is positioned as a superior alternative to $PEPE, and aims to free PEPE from its limitations, by offering lower transaction costs and faster speeds to Pepe holders.

Its new blockchain will also serve as a launchpad for future meme coins and other tokens, taking advantage of the same cost-effective transactions as $PEPU.

Who needs some brain powder?

Baby is getting ready to officially launch his own blockchain! 🚀 pic.twitter.com/kZC72UmxFy

— Pepe Unchained (@pepe_unchained) June 20, 2024

Token holders can also earn passively by: Betting system on the platformwhich offers an annualized yield (APY) of 171%.

You can buy $PEPU tokens for $0.0094982 each. Since the price spike will occur in about 35 hours, buy soon to get the best deal.

To join the pre-sale, Buy $PEPU from the official website here Using ETH, USDT or bank card.

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