Pepe

PEPE

The Pepe price surged 15% in the last 24 hours <a href="https://www.geckoterminal.com/eth/pools/0xa43fe16908251ee70ef74718545e4fe6c5ccec9f">to trade at $0.000009520</a> as of 00:29 a.m. EST on trading volume that skyrocketed 86% to $2.2 billion. 
This comes as the meme coin space jumped 24% to reach a $74.4 billion market capitalization after Bitcoin hit a new all-time high on expectations that Donald Trump will win the US election. 
 Other leading meme coins also recorded massive gains, with DOGE leaping 24.5%, SHIB soaring 10.7%, and WIF surging 6.6%. 
<h2 id="pepe-price-poised-for-a-breakout">Pepe Price Poised For A Breakout</h2> 
The Pepe price has declined since May after it hit its all-time high of $0.00001717. However, the $0.0000080 acted as a major support level, which allowed the price of Pepe to trade within a descending triangle pattern, according to data from <a href="https://www.geckoterminal.com/eth/pools/0xa43fe16908251ee70ef74718545e4fe6c5ccec9f">GeckoTerminal</a>. The PEPE price now aims for a breakout, as it trades within the triangle’s upper boundary. 
PEPE now trades slightly above the 50-day Simple Moving Average (SMA), which shows that the Pepe price is currently building momentum. A positive trajectory could push the price of Pepe above the 200-day SMA, currently at $0.000009855. 
Meanwhile, the Relative Strength Index (RSI) seems to be recovering above the 50-midline level, which shows that the asset is building up positive momentum. 
If the bulls succeed in pushing the price above the triangle, PEPE could surge, as they target $0.0000140 in the long term. 
<figure id="attachment_595190" aria-describedby="caption-attachment-595190" style="width: 100%" class="wp-caption alignnone">
 <img decoding="async" class="size-full wp-image-595190" src="https://insidebitcoins.com/wp-content/uploads/2024/11/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-11-06_07-29-14.png" alt="Pepe Price Chart Analysis Source: GeckoTerminal" width="1167" height="555" srcset="https://insidebitcoins.com/wp-content/uploads/2024/11/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-11-06_07-29-14.png 1167w, https://insidebitcoins.com/wp-content/uploads/2024/11/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-11-06_07-29-14-300x143.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/11/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-11-06_07-29-14-1024x487.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/11/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-11-06_07-29-14-768x365.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/11/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-11-06_07-29-14-130x63.png 130w, https://insidebitcoins.com/wp-content/uploads/2024/11/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-11-06_07-29-14-104x50.png 104w, https://insidebitcoins.com/wp-content/uploads/2024/11/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-11-06_07-29-14-83x40.png 83w" sizes="(max-width: 1167px) 100vw, 1167px">
 <figcaption id="caption-attachment-595190" class="wp-caption-text">
 PEPEUSD Chart Analysis Source: GeckoTerminal
 </figcaption>
</figure> 
However, if the bears take control of the price at this level, PEPE could plunge back to the $0.0000080 support zone. 
Meanwhile, investors are going all-in on a new PEPE alternative called <a href="https://insidebitcoins.com/visit/pepeunchained" rel="nofollow">Pepe Unchained ($PEPU)</a>, which leading YouTube channel 99Bitcoins, with more than 706k subscribers, says could be the next meme coin to deliver 100x returns. 
<iframe title="This Crypto is the Next Pepe Coin?! (100X GEM?!) Pepe Unchained" width="640" height="360" src="https://www.youtube.com/embed/Eq-EtOLgzy8?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-roars-toward-25-million">Pepe Unchained Roars Toward $25 Million</h2> 
<a href="https://insidebitcoins.com/visit/pepeunchained" rel="nofollow">Pepe Unchained ($PEPU)</a> is kicking off the first week of November with a bang as presale funds soar past $24.9 million. 
As its name suggests, Pepe Unchained is designed to free, or ”unchain,” the OG PEPE from its clunky, inefficient home on Ethereum. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Who needs some Brain Powder? 
 Pepe is gearing up for the official launch of his very own blockchain! 🚀 <a href="https://t.co/kZC72UmxFy">pic.twitter.com/kZC72UmxFy</a> 
 — Pepe Unchained (@pepe_unchained) <a href="https://twitter.com/pepe_unchained/status/1803856656704618843?ref_src=twsrc%5Etfw">June 20, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
That’s why it is designed to run on a proprietary Layer 2 blockchain, which offers superior transaction speeds and significantly reduced fees compared to the original Pepe ($PEPE), which runs on Ethereum’s slower, more expensive Layer 1 network. 
But Pepe Unchained is more than just a meme coin. The project’s website now features a portal where developers can apply for grants to build on its L2 chain. The goal is to create new dApps and leverage its technology for even faster and more cost-efficient transactions. 
And the project also plans to open its ecosystem to other meme coins. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 WE JUST HIT $20M RAISED! 
 And with this milestone, we have another major project update to share with our incredible community! <a href="https://t.co/z9xlqZ2dAV">pic.twitter.com/z9xlqZ2dAV</a> 
 — Pepe Unchained (@pepe_unchained) <a href="https://twitter.com/pepe_unchained/status/1846622835449778285?ref_src=twsrc%5Etfw">October 16, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
In the meantime, PEPU holders can stake their tokens for a huge 95% annual return. 
PEPU tokens are currently priced at $0.01229 each. Investors eager to join one of the most successful presales of the year should do so before a price hike in less than 2 days. 
<a href="https://insidebitcoins.com/visit/pepeunchained" rel="nofollow">Buy PEPU tokens on the official website here</a> with ETH, USDT, or a credit card. 
<h2 id="related-news">Related News</h2> 
<ul> 
 <li style="font-weight: 400;"><a href="https://insidebitcoins.com/news/best-crypto-to-buy-right-now-november-5-bonk-multiversx-ondo">Best Crypto to Buy Right Now November 5 – Bonk, MultiversX, Ondo</a></li> 
 <li style="font-weight: 400;"><a href="https://insidebitcoins.com/news/best-meme-coins-to-buy-november-5-tg-casino-corgiai-beam-flockerz">Best Meme Coins To Buy November 5 – TG.Casino, CorgiAI, Beam, Flockerz</a></li> 
 <li style="font-weight: 400;"><a href="https://insidebitcoins.com/buy-cryptocurrency/most-trending-cryptocurrency/">10+ Most Trending Cryptocurrency Projects to Buy In 2024</a></li> 
</ul> 
 &nbsp;

Pepe Price Prediction: PEPE Pumps 15% As This Layer-2 Alternative Closes On $25 Million

Table of Contents

Inside Bitcoins

Other articles published on Nov 6, 2024

Binance Co-Founder Yi He Denies Claims of High Listing Fees on the Exchange

Uniswap Launches a Massive Surge—Can the Bulls Hold the Rally Above the Gains?

Top Small-Cap Cryptos to Watch This November: Cardano, VeChain, and Kaspa

Crypto market rallies on US election results

Senator Lummis Advocates for Bitcoin Reserve

Donald Trump Crypto Policy Reset: Gensler Out, Ulbricht Free, BTC Mining In

Join our free newsletter for daily crypto updates!