PEPE Dips 6%: Is It Time to Compare with Pepe Unchained?[embed]https://www.youtube.com/watch?v=HxDX2KEdhWg[/embed]

<div>
    <p>Pepe (PEPE) remains a topic of interest among traders despite experiencing a 6% decrease from its weekly peak.</p>
    <p>As the coin's momentum begins to wane, some are questioning whether holding PEPE is still a wise decision.</p>
    <p>In contrast, the emerging meme project Pepe Unchained (PEPU) is generating buzz, with some early supporters considering it a potentially superior investment over the original frog coin.</p>
    <h2>Is PEPE's Price Drop the Conclusion of the Rally or Merely a Fleeting Setback?</h2>
    <p>PEPE is currently trading <a href="https://coinmarketcap.com/currencies/pepe/" data-wpel-link="exclude" target="_blank" rel="nofollow noopener noreferrer">approximately $0.0000103</a>.</p>
    <p>This marks a significant decline from Tuesday’s local high, yet it remains above the $0.000010 support threshold.</p>
    <p><img class="alignnone size-full wp-image-366933" src="data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCA2MjQgNDEzIiB3aWR0aD0iNjI0IiBoZWlnaHQ9IjQxMyIgZGF0YS11PSJodHRwcyUzQSUyRiUyRmNyeXB0b3BvdGF0by5jb20lMkZ3cC1jb250ZW50JTJGdXBsb2FkcyUyRjIwMjQlMkYxMCUyRlBpY3R1cmUxLTIzLnBuZyIgZGF0YS13PSI2MjQiIGRhdGEtaD0iNDEzIiBkYXRhLWJpcD0iIj48L3N2Zz4=" data-spai="1" alt="" width="624" height="413" /></p>
    <p>PEPE has predominantly trended downward in recent days, cooling off following Monday's substantial rally.</p>
    <p>However, not everything is bleak.</p>
    <p>With $890 million in trading volume within the past 24 hours, PEPE remains the second-most traded meme coin.</p>
    <p>It has also retained more gains compared to some of its popular counterparts, such as WIF and POPCAT.</p>
    <p>Interestingly, open interest <a href="https://coinalyze.net/pepe/open-interest/" data-wpel-link="exclude" target="_blank" rel="nofollow noopener noreferrer">has seen a slight uptick</a> over the last two days.</p>
    <p>This could indicate that traders are preparing for another upward movement.</p>
    <p><img class="alignnone size-full wp-image-366934" src="data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCA2MjQgMzA1IiB3aWR0aD0iNjI0IiBoZWlnaHQ9IjMwNSIgZGF0YS11PSJodHRwcyUzQSUyRiUyRmNyeXB0b3BvdGF0by5jb20lMkZ3cC1jb250ZW50JTJGdXBsb2FkcyUyRjIwMjQlMkYxMCUyRlBpY3R1cmUyLTIzLnBuZyIgZGF0YS13PSI2MjQiIGRhdGEtaD0iMzA1IiBkYXRhLWJpcD0iIj48L3N2Zz4=" data-spai="1" alt="" width="624" height="305" /></p>
    <p>While it's tough to predict, given the current market dynamics, this dip could very well be temporary.</p>
    <p>Moreover, with PEPE's reputation for volatility, a sharp rebound wouldn't come as a surprise.</p>
    <p>Such fluctuations are a typical aspect of the PEPE trading experience.</p>
    <h2>Assessing PEPE's Market Standing – Is it Time for Investors to Buy the Dip?</h2>
    <p>So, should you consider investing in PEPE following this recent dip?</p>
    <p>Let’s analyze the situation.</p>
    <p>The meme coin market remains vibrant, with most leading coins experiencing gains in the past 24 hours.</p>
    <p>Overall spot volumes <a href="https://coinmarketcap.com/view/memes/" data-wpel-link="exclude" target="_blank" rel="nofollow noopener noreferrer">have increased by 6%</a>, and Bitcoin is nearing the $68,000 mark once more.</p>
    <p>These are encouraging signals for the broader crypto market.</p>
    <p>When focusing specifically on PEPE, the token is exhibiting some resilience.</p>
    <p>On the 4-hour chart, it dropped below the 50-period EMA but quickly recovered, which is a positive indicator.</p>
    <p><img class="alignnone size-full wp-image-366935" src="data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCA2MjQgMjc2IiB3aWR0aD0iNjI0IiBoZWlnaHQ9IjI3NiIgZGF0YS11PSJodHRwcyUzQSUyRiUyRmNyeXB0b3BvdGF0by5jb20lMkZ3cC1jb250ZW50JTJGdXBsb2FkcyUyRjIwMjQlMkYxMCUyRlBpY3R1cmUzLTIxLnBuZyIgZGF0YS13PSI2MjQiIGRhdGEtaD0iMjc2IiBkYXRhLWJpcD0iIj48L3N2Zz4=" data-spai="1" alt="" width="624" height="276" /></p>
    <p>Additionally, it remains in a clear uptrend on the same timeframe.</p>
    <p>For those interested in technical patterns, PEPE is currently inside an ascending channel.</p>
    <p>Based on this channel, the next upside target could be around $0.0000115.</p>
    <p>This represents an 11% increase from its current price.</p>
    <p>Of course, with PEPE, what appears logical on paper doesn’t always hold true in practice.</p>
    <p>Nevertheless, given the existing circumstances, there may be a buying opportunity for investors who are willing to take risks.</p>
    <h2>Pepe Unchained Surpasses $20M in Presale &amp; Provides Utility-Driven Alternative to PEPE</h2>
    <p>In addition to PEPE, another frog-themed coin gaining traction is <a href="https://cryptopotato.care/b_pepeunchained-en_97830?referrer=pepe-price-outlook-where-is-pepe-headed-as-it-dips-6-and-how-does-it-compare-to-pepe-unchained" data-wpel-link="exclude" target="_blank" rel="nofollow noopener noreferrer">Pepe Unchained</a>.</p>
    <p>However, it’s not just a replica. The distinct difference between the two coins is their focus on utility.</p>
    <p>For all its fame, PEPE remains merely a meme token without a functional use case.</p>
    <p>Conversely, Pepe Unchained aspires for a much more impactful role.</p>
    <p><img class="alignnone size-full wp-image-366937" src="data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCA2MjQgMzEzIiB3aWR0aD0iNjI0IiBoZWlnaHQ9IjMxMyIgZGF0YS11PSJodHRwcyUzQSUyRiUyRmNyeXB0b3BvdGF0by5jb20lMkZ3cC1jb250ZW50JTJGdXBsb2FkcyUyRjIwMjQlMkYxMCUyRlBpY3R1cmU0LTE4LnBuZyIgZGF0YS13PSI2MjQiIGRhdGEtaD0iMzEzIiBkYXRhLWJpcD0iIj48L3N2Zz4=" data-spai="1" alt="" width="624" height="313" /></p>
    <p>Its primary feature is a new Layer-2 blockchain called “Pepe Chain,” specifically designed for meme coin traders.</p>
    <p>It promises quicker and more economical transactions than Ethereum, which is fantastic news for everyday traders.</p>
    <p>The team behind Pepe Unchained is also focusing on the long haul.</p>
    <p>They’ve initiated a <a href="https://pepeunchained.com/en#benefits" data-wpel-link="exclude" target="_blank" rel="nofollow noopener noreferrer">developer grant program</a> to broaden their ecosystem and introduced a “double staking” app for PEPU holders.</p>
    <p>At present, those who participate in this app can enjoy <a href="https://pepeunchained.com/en/dashboard" data-wpel-link="exclude" target="_blank" rel="nofollow noopener noreferrer">APYs of 109%</a>.</p>
    <p>With presale figures exceeding $20.4 million, Pepe Unchained’s success is already substantiated.</p>
    <p>This reflects a high level of confidence from investors – even before the official launch of PEPU.</p>
    <p>Renowned crypto analyst <a href="https://youtu.be/HxDX2KEdhWg?si=ztMsGVyb6MHi2k_O" data-wpel-link="exclude" target="_blank" rel="nofollow noopener noreferrer">Zach Humphries</a>, with over 150,000 subscribers on YouTube, recently released a video discussing this token.</p>
    <p>He holds an optimistic view, suggesting that PEPU could see significant gains once it hits exchanges.</p>
    <p>So, could Pepe Unchained be a more valuable investment than PEPE?</p>
    <p>For those looking solely for “degen” vibes, PEPE may be more appropriate.</p>
    <p>However, for investors interested in a meme coin with real utility and potential for long-term success, Pepe Unchained might be worthy of consideration.</p>
    <p><a href="https://cryptopotato.care/b_pepeunchained-en_97830?referrer=pepe-price-outlook-where-is-pepe-headed-as-it-dips-6-and-how-does-it-compare-to-pepe-unchained" data-wpel-link="exclude" target="_blank" rel="nofollow noopener noreferrer">Check out the Pepe Unchained Presale</a></p>
    <p><strong>Disclaimer</strong><em>: The aforementioned article is sponsored content written by a third party. CryptoPotato does not endorse or take responsibility for the content, ads, products, quality, accuracy, or any other materials on this page. This should not be interpreted as financial advice. Readers are strongly encouraged to verify the information independently and exercise caution before engaging with any mentioned company or project and perform their own research. Investing in cryptocurrencies poses a risk of capital loss, and readers should consult a professional before making any decisions that may be based on the above-mentioned sponsored content.</em></p>
    <p><em>Readers are also encouraged to review CryptoPotato’s full disclaimer.</em></p>
    <div class="code-block code-block-12" style="margin: 8px 0; clear: both;">
        <div>
            <center><span style="font-size:11px; color: gray;">SPECIAL OFFER (Sponsored)</span></center>
            <b>Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive a $600 exclusive welcome offer on Binance</b> (full details).
            <p><b>LIMITED OFFER 2024 at BYDFi Exchange: Up to $2,888 welcome reward, use this link to register and open a 100 USDT-M position for free!</b></p>
        </div>
    </div>
    <!-- AI CONTENT END 1 -->
</div>