Pepe

PEPE

The Pepe price surged 13% in the last 24 hours <a href="https://www.geckoterminal.com/eth/pools/0xa43fe16908251ee70ef74718545e4fe6c5ccec9f" rel="noopener noreferrer nofollow">to trade at $0.00001056</a> as of 00:37 a.m. EST on trading volume that skyrocketed 78% to $2.2 billion.
This comes as the meme coin space surged 8% in the last 24 hours to reach a market capitalization of $55 billion. Top meme coins DOGE and SHIB climbed 4% and 6%, respectively.
<h2 id="pepe-price-could-continue-soaring">Pepe Price Could Continue Soaring</h2>
The Pepe price recently invalidated the rounding top pattern, soaring from the $0.00000841 support level, according to data from <a href="https://www.geckoterminal.com/eth/pools/0xa43fe16908251ee70ef74718545e4fe6c5ccec9f" rel="noopener noreferrer nofollow">GeckoTerminal</a>.
The current upsurge resulted in the price of Pepe now trading above both the 50-day and 200-day Simple Moving Averages (SMAs), affirming the sustained uptrend.
The Relative Strength Index (RSI) is at 67.59, nearing the overbought zone (above 70). This shows that buying pressure is increasing, but the price could soon approach an overbought condition, which could lead to some profit-taking or consolidation. However, there’s still room for more upward movement before reaching extreme levels.
Moreover, the Moving Average Convergence Divergence (MACD) line (blue) is crossing above the signal line (orange), which is another bullish signal. This suggests a potential continuation of the current upward momentum. The histogram bars are turning positive (green), further indicating that bullish momentum is strengthening.
<figure id="attachment_584423" aria-describedby="caption-attachment-584423" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="size-full wp-image-584423" src="https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-10-07_07-37-49.png" alt="Pepe Price Chart Analysis Source: GeckoTerminal.com" width="1273" height="548" srcset="https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-10-07_07-37-49.png 1273w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-10-07_07-37-49-300x129.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-10-07_07-37-49-1024x441.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-10-07_07-37-49-768x331.png 768w" sizes="(max-width: 1273px) 100vw, 1273px">
 <figcaption id="caption-attachment-584423" class="wp-caption-text">
 PEPEUSD Chart Analysis Source: GeckoTerminal.com
 </figcaption>
</figure>
<h2 id="pepe-price-prediction">Pepe Price Prediction</h2>
The PEPE price is at 0.00001056, approaching resistance at the 0.00001100 level, as shown by the red resistance line. If the price breaks through this level with substantial volume, it could test the next level around 0.00001300 (marked at the top).
Conversely, if the price of Pepe fails to break this resistance, it might retrace back towards support at the 50 MA (around 0.00000999) or even down towards the 200 MA at 0.00000841.
As the Pepe price continues its upward trajectory, investors are also piling into the latest Pepe-themed presale alternative called <a href="https://insidebitcoins.com/visit/pepeunchained" rel="noopener noreferrer nofollow">Pepe Unchained (PEPU)</a>.
According to 99Bitcoins, a YouTube channel with over 706K subscribers, this new meme coin could potentially surge by 100X following its launch.
<iframe title="This New Meme Coin Will 100X!!! Pepe Coin Holders Alert!!! Pepe Unchained will 100X!!!" width="640" height="360" src="https://www.youtube.com/embed/dl--AJ_OLYY?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
<h2 id="pepe-unchained-hurtles-towards-18-million-in-presale">Pepe Unchained Hurtles Towards $18 Million In Presale</h2>
<a href="https://insidebitcoins.com/visit/pepeunchained" rel="noopener noreferrer nofollow">Pepe Unchained</a> continues to smash milestone after milestone in its presale, with its latest fundraising round surpassing the $17.8 million mark.
The project is dedicated to “unchaining” Pepe from its outdated Layer-1 blockchain, and that’s why it comes armed with its own Ethereum Layer 2 blockchain, providing users with improved transaction efficiency, greater scalability, and much lower costs.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Pepe is gathering his power from the beautiful glowing green computer screens.
 All of the world's knowledge, culminating in the launch of his L2. <a href="https://t.co/f6pVnY6cLv" rel="noopener noreferrer nofollow">pic.twitter.com/f6pVnY6cLv</a>
 — Pepe Unchained (@pepe_unchained) <a href="https://twitter.com/pepe_unchained/status/1842277268422610950?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">October 4, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Adding to its appeal, token holders can <a href="https://insidebitcoins.com/visit/pepeunchained" rel="noopener noreferrer nofollow">take advantage of a staking system</a> that offers an impressive 122% annual percentage yield (APY), allowing investors to earn passive income.&nbsp;
The buzz around the token is sucking in whale investors, with one buying 5.2 million $PEPU tokens worth about $51,000 on Sept. 27.
Currently, $PEPU tokens are priced at $0.00993 each. With a price hike coming in less than 1 day, buy soon to secure the best deal.
Those looking to join the presale <a href="https://insidebitcoins.com/visit/pepeunchained" rel="noopener noreferrer nofollow">can buy $PEPU through the official website</a> using ETH, USDT, or a bank card.&nbsp;
<h2 id="related-news">Related News</h2>
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Pepe Price Prediction: PEPE Surges 13%, But Experts Say This Layer-2 Alternative Might Be The Best Crypto To Buy Now

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