Moo Deng Soars 37% as Whale FOMO Fuels Pepe Unchained Growth[embed]https://www.youtube.com/watch?v=dl–AJ_OLYY[/embed]

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</div></div></div><p>The price of Moo Deng has surged by 37% in the past 24 hours, <a href="https://www.coingecko.com/en/coins/moo-deng-2">currently trading at </a><span data-converter-target="price" data-coin-id="50348" data-price-target="price" data-price-btc="1.4163728559976619e-09" data-prev-price="0.00009486182981030319"><a href="https://www.coingecko.com/en/coins/moo-deng-2">$0.00009486</a> as of 7:10 a.m. EST, supported by an 88% increase in trading volume, totaling $10.7 million.</span></p>
<p>Moo Deng is a meme coin built on Solana, inspired by a pygmy hippo from a Thai zoo that captured the Internet's imagination.</p>
<h2 class="tw-font-bold tw-text-gray-900 dark:tw-text-moon-50 tw-text-lg md:tw-text-xl tw-leading-7" data-view-component="true">Moo Deng Price Recovers From Strong Support</h2>
<p>The chart analysis for the MOODENG/USDT pair over a 4-hour timeframe indicates a current price of approximately $0.00009466, with a distinct support level established around $0.00006041, where the price has bounced back on multiple occasions. The resistance at $0.00009466 is undergoing evaluation, suggesting a potential upward trajectory if this level is surpassed.</p>
<p>The 50-period moving average (MA50) is positioned at $0.00008707, serving as short-term support, while the 200-period moving average (MA200) at $0.00006041 provides long-term support. The price has surpassed the MA50, which indicates a possible continuation of the uptrend. Maintaining levels above these moving averages could indicate stronger bullish momentum.</p>
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<img fetchpriority="high" decoding="async" src="https://insidebitcoins.com/wp-content/uploads/2024/10/DEXTools.io_MOODENG_USD-UNI_2024-10-22_16-05-58.png" alt="Moo Deng price" width="1319" height="571" srcset="https://insidebitcoins.com/wp-content/uploads/2024/10/DEXTools.io_MOODENG_USD-UNI_2024-10-22_16-05-58.png 1319w, https://insidebitcoins.com/wp-content/uploads/2024/10/DEXTools.io_MOODENG_USD-UNI_2024-10-22_16-05-58-300x130.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/10/DEXTools.io_MOODENG_USD-UNI_2024-10-22_16-05-58-1024x443.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/10/DEXTools.io_MOODENG_USD-UNI_2024-10-22_16-05-58-768x332.png 768w" sizes="(max-width: 1319px) 100vw, 1319px"/>
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<p style="text-align: center;">MOODENG Analysis Source: Dextools.io</p>
<p>The MACD indicator displays a bullish crossover, with the MACD line above the signal line and a positive histogram, suggesting a rise in buying momentum. Furthermore, the RSI is at 58.29, placing it in a neutral territory, allowing more room for gains without entering overbought conditions.</p>
<p>Regarding potential scenarios, a successful break above the $0.00009466 resistance could propel prices to $0.0001500 or greater. Conversely, a failure to breach this resistance and a drop below $0.00008707 (MA50) may lead to testing the significant support level at $0.00006041 (MA200).</p>
<p>A decline beneath this threshold would indicate a bearish reversal. Nonetheless, indicators point to possible further upside potential, although the crucial resistance and support levels will play a critical role in determining the next major movement.</p>
<h2>Pepe Unchained Presale Approaches $30 Million: The Top Meme Coin to Invest In?</h2>
<p><span style="margin: 0px; padding: 0px;">With the Moo Deng price skyrocketing, significant investments continue flowing into the new PEPE-related project, Pepe Unchained (PEPU), which has now exceeded $21.6 million in its ICO.</span></p>
<p>This recent surge has been driven largely by crypto whales, who have made substantial purchases of PEPU throughout this month. The latest major transaction occurred on Oct. 21, when a whale exchanged $53,563 worth of ETH for 4.6 million $PEPU tokens.</p>
<p>An analyst from the 99Bitcoins YouTube channel, boasting over 706k subscribers, suggests that PEPU could potentially experience a 100X increase upon its official launch.</p>
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<p>PEPU will operate on its own Layer 2 blockchain, designed to enhance the performance of PEPE by moving it from its slow, outdated blockchain on Ethereum.</p>
<p>This innovative approach allows transactions to occur up to 100 times faster than on Ethereum, with drastically lower gas fees.</p>
<p>Compatible with Ethereum's dApps, PEPU will provide users with increased transaction speeds while maintaining access to the Ethereum ecosystem.</p>
<p>Additionally, PEPU is set to extend its blockchain accessibility to the broader meme coin community, fostering a more scalable environment that can usher in a novel era for the fun and playful aspect of cryptocurrency.</p>
<p>The developer grant program “Frens with Benefits” has launched to attract skilled developers to contribute to the growth of the Pepe Chain ecosystem.</p>
<p>Holders of PEPU can stake their tokens for an impressive annual return of 104%.</p>
<p>Presently, PEPU is priced at $0.01176, available for acquisition using ETH, USDT, BNB, or bank cards. With a price increase anticipated in less than two days, now is the time to buy for the best rate.</p>
<p>Purchase PEPU tokens through the official website here.</p>
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