Degen Price Prediction: DEGEN Rises 64%, PEPE Eyes Parabolic Growth[embed]https://www.youtube.com/watch?v=vJZL1ohymeU[/embed]

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</div></div></div><p><span style="font-weight: 400;">The Degen price surged by 64% over the past week and increased by 8% in the last 24 hours </span><a href="https://www.geckoterminal.com/base/pools/0xc9034c3e7f58003e6ae0c8438e7c8f4598d5acaa"><span style="font-weight: 400;">to trade at $0.008468</span></a><span style="font-weight: 400;"> as of 00:25 a.m. EST, with trading volume rising by 49% to $46.8 million.</span></p>
<h2>Degen Price Focused on a Sustained Bullish Trend Reversal</h2>
<p><span style="font-weight: 400;">The Degen price has seen prolonged consolidation throughout September, fluctuating within the $0.0050 area, based on data from </span><a href="https://www.geckoterminal.com/base/pools/0xc9034c3e7f58003e6ae0c8438e7c8f4598d5acaa"><span style="font-weight: 400;">GeckoTerminal</span></a><span style="font-weight: 400;">. However, the resistance at $0.012 has allowed sellers to gain control, pressuring the price into a correction.</span></p>
<p><span style="font-weight: 400;">Following a notable price rally and subsequent decline, the price is beginning to form a rounded bottom pattern, typically recognized as a bullish reversal signal.</span></p>
<p><span style="font-weight: 400;">The price has started to rise after this rounded bottom formation, potentially signaling a return to the previous bullish trajectory.</span></p>
<p><span style="font-weight: 400;">Currently, DEGEN is trading above the 50-day and 200-day Simple Moving Averages (SMAs), reinforcing the belief that Degen's price is still on a bullish path.</span></p>
<p><span style="font-weight: 400;">Moreover, the Relative Strength Index (RSI) indicates that buyers are currently in the lead, as the RSI approaches the 70-overbought zone, currently sitting at 63.</span></p>
<p><span style="font-weight: 400;">The MACD line (blue) is positioned above the signal line (orange), displaying a slight positive divergence. This suggests a buildup of bullish momentum, with a recent crossover potentially explaining the recovery from the price dip.</span></p>
<p><span style="font-weight: 400;">The histogram is revealing increasingly larger green bars, further validating that momentum is gathering in a bullish direction.</span></p>
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<img decoding="async" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201274%20548'%3E%3C/svg%3E" alt="Degen Price Chart Analysis Source: GeckoTerminal.com" width="1274" height="548" data-lazy-srcset="https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-Base_GeckoTerminal.com_DEGEN_2024-10-04_07-25-23.png 1274w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-Base_GeckoTerminal.com_DEGEN_2024-10-04_07-25-23-300x129.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-Base_GeckoTerminal.com_DEGEN_2024-10-04_07-25-23-1024x440.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-Base_GeckoTerminal.com_DEGEN_2024-10-04_07-25-23-768x330.png 768w" data-lazy-sizes="(max-width: 1274px) 100vw, 1274px" data-lazy-src="https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-Base_GeckoTerminal.com_DEGEN_2024-10-04_07-25-23.png"/>
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<noscript><picture decoding="async" class="size-full wp-image-583516">
<source type="image/webp" srcset="https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-Base_GeckoTerminal.com_DEGEN_2024-10-04_07-25-23.png.webp 1274w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-Base_GeckoTerminal.com_DEGEN_2024-10-04_07-25-23-300x129.png.webp 300w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-Base_GeckoTerminal.com_DEGEN_2024-10-04_07-25-23-1024x440.png.webp 1024w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-Base_GeckoTerminal.com_DEGEN_2024-10-04_07-25-23-768x330.png.webp 768w" sizes="(max-width: 1274px) 100vw, 1274px"/>
<img decoding="async" src="https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-Base_GeckoTerminal.com_DEGEN_2024-10-04_07-25-23.png" alt="Degen Price Chart Analysis Source: GeckoTerminal.com" width="1274" height="548" srcset="https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-Base_GeckoTerminal.com_DEGEN_2024-10-04_07-25-23.png 1274w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-Base_GeckoTerminal.com_DEGEN_2024-10-04_07-25-23-300x129.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-Base_GeckoTerminal.com_DEGEN_2024-10-04_07-25-23-1024x440.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-Base_GeckoTerminal.com_DEGEN_2024-10-04_07-25-23-768x330.png 768w" sizes="(max-width: 1274px) 100vw, 1274px"/>
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</noscript><figcaption id="caption-attachment-583516" class="wp-caption-text">DEGENUSD Chart Analysis Source: GeckoTerminal.com</figcaption></figure>
<h2>Degen Price Outlook</h2>
<p><span style="font-weight: 400;">Analyzing the DEGEN/USD chart on the 1-hour timeframe, the Degen price appears to be undergoing a bullish trend reversal, which bulls are attempting to sustain to drive the price further upward.</span></p>
<p><span style="font-weight: 400;">If bulls capitalize on the rounded bottom pattern and the significant indicators, Degen's price could rise even higher as they set sights on the $0.012 resistance level.</span></p>
<p><span style="font-weight: 400;">However, should the RSI indicate it is nearing overbought territory, the Degen price might soon reach unsustainable levels. If sellers gain control, the price could drop, with $0.005792 identified as the next support area (200-day SMA).</span></p>
<p><span style="font-weight: 400;">While the Degen price bulls strive for a sustained upward trend, the </span><span style="font-weight: 400;">Pepe Unchained (PEPU)</span><span style="font-weight: 400;"> presale appears to be in full bullish swing.</span></p>
<p><span style="font-weight: 400;">As noted by 99Bitcoins, a well-known crypto YouTube channel boasting over 706k subscribers, PEPU could potentially become the next 10x meme coin.</span></p>
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<h2>Pepe Unchained Presale Surpasses $17.3 Million</h2>
<p><span style="font-weight: 400;">Pepe’s latest iteration, complete with its own Layer 2 chain operating on Ethereum, has quickly amassed over $17.3 million in one of the year's most successful presales. </span></p>
<p><span style="font-weight: 400;">Whales continue to invest in PEPU, with the latest being a $58k acquisition.</span></p>
<p><span style="font-weight: 400;">The original Pepe (PEPE) has shown consistent growth since its launch, remaining among the top three meme coins by market capitalization.</span></p>
<p><span style="font-weight: 400;">Nonetheless, Pepe has its limitations. The token was initially created on the Ethereum blockchain and has been constrained by its Layer-1 infrastructure, which suffers from network congestion and climbing gas fees.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true" wp_automatic_readability="5.6231884057971">
<p lang="en" dir="ltr">Pepe is gearing up to break free soon! ⛓️🐸 <a href="https://t.co/hs5YNHZRKc">pic.twitter.com/hs5YNHZRKc</a></p>
<p>— Pepe Unchained (@pepe_unchained) <a href="https://twitter.com/pepe_unchained/status/1841939241678602581?ref_src=twsrc%5Etfw">October 3, 2024</a></p></blockquote>

<p><span style="font-weight: 400;">The concept behind Pepe Unchained is to liberate PEPE from its outdated blockchain and step into the future. </span></p>
<p><span style="font-weight: 400;">The project intends to address the scalability, speed, and efficiency challenges that frequently affect meme coins based on Layer-1 blockchains like Ethereum, allowing investors to seize market opportunities more effectively.</span></p>
<p><span style="font-weight: 400;">Token holders can also benefit passively from</span> <span style="font-weight: 400;">the platform’s staking mechanism</span><span style="font-weight: 400;">, which offers 125% annual rewards.</span></p>
<p><span style="font-weight: 400;">$PEPU tokens are currently available for $0.00991 each. With an anticipated price increase in under 14 hours, act fast to secure the best price.</span></p>
<p><span style="font-weight: 400;">To participate in the presale,</span> <span style="font-weight: 400;">purchase $PEPU from the official website here</span><span style="font-weight: 400;"> using ETH, USDT, or a bank card.</span></p>
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