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Reading: Pepe Price Drops 3%: Experts Recommend New Crypto Alternative[embed]https://www.youtube.com/watch?v=dl–AJ_OLYY[/embed]
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Kriptoteka > Market > Meme > Pepe Price Drops 3%: Experts Recommend New Crypto Alternative[embed]https://www.youtube.com/watch?v=dl–AJ_OLYY[/embed]
Meme

Pepe Price Drops 3%: Experts Recommend New Crypto Alternative[embed]https://www.youtube.com/watch?v=dl–AJ_OLYY[/embed]

marcel.mihalic@gmail.com
Last updated: October 25, 2024 10:30 am
By marcel.mihalic@gmail.com 6 Min Read
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<div wp_automatic_readability="101.47504772293">

        <div class="telegrame_cta_content"><div class="wrap" wp_automatic_readability="5.3142857142857"><div class="telegrame_cta_content_inr" wp_automatic_readability="28.342857142857"><p>Join Our <u><a href="https://t.me/insidebitcoins" target="_blank" rel="noopener">Telegram </a></u>channel to receive the latest updates on significant news coverage</p>
</div></div></div><p><span style="font-weight: 400;">The Pepe price has decreased by 3% </span><a href="https://www.geckoterminal.com/eth/pools/0xa43fe16908251ee70ef74718545e4fe6c5ccec9f"><span style="font-weight: 400;">now trading at $0.000009741</span></a><span style="font-weight: 400;"> as of 00:22 a.m. EST, with trading volume falling 19% to $1 billion.</span></p>
<p><span style="font-weight: 400;">This occurs while the meme coin sector saw a 1% increase in the past 24 hours, bringing the market capitalization to $74.9 billion.</span></p>
<h2>Potential Bullish Trend Reversal for Pepe Price</h2>
<p><span style="font-weight: 400;">The Pepe price experienced an upward trend in October, as buyers gained momentum around the $0.000008992 support level, with the price rising through a bullish channel pattern, based on data from </span><a href="https://www.geckoterminal.com/eth/pools/0xa43fe16908251ee70ef74718545e4fe6c5ccec9f"><span style="font-weight: 400;">GeckoTerminal</span></a><span style="font-weight: 400;">.</span></p>
<p><span style="font-weight: 400;">Nevertheless, a recent downward trend has caused the price to drop below the channel’s lower limit, leaving PEPE in a consolidation stage.</span></p>
<p><span style="font-weight: 400;">This minor correction has led to the Pepe price trading below both the 50-day and 200-day Simple Moving Averages (SMAs).</span></p>
<p><span style="font-weight: 400;">Additionally, the Relative Strength Index (RSI) stands at 38.98, nearing the oversold territory (below 30), indicating that the asset is somewhat bearish yet not overly oversold. There is potential for further decline, but this could also be a bounce point if buyers emerge with a further RSI drop.</span></p>
<p><span style="font-weight: 400;">The Moving Average Convergence Divergence (MACD) is hinting at a positive trend as it crosses over the orange signal line, indicating a bullish crossover.</span></p>
<p><span style="font-weight: 400;">A successful bullish trend reversal at this point could see Pepe’s price rebound from its current level, targeting the $0.000012 resistance next.</span></p>
<figure id="attachment_591314" aria-describedby="caption-attachment-591314" style="width: 1167px" class="wp-caption alignnone"><picture decoding="async" class="size-full wp-image-591314">
<source type="image/webp" srcset="https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-10-25_07-22-15.png.webp 1167w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-10-25_07-22-15-300x143.png.webp 300w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-10-25_07-22-15-1024x487.png.webp 1024w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-10-25_07-22-15-768x365.png.webp 768w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-10-25_07-22-15-130x63.png.webp 130w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-10-25_07-22-15-104x50.png.webp 104w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-10-25_07-22-15-83x40.png.webp 83w" sizes="(max-width: 1167px) 100vw, 1167px"/>
<img decoding="async" src="https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-10-25_07-22-15.png" alt="Pepe Price Chart Analysis Source: GeckoTerminal.com" width="1167" height="555" srcset="https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-10-25_07-22-15.png 1167w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-10-25_07-22-15-300x143.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-10-25_07-22-15-1024x487.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-10-25_07-22-15-768x365.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-10-25_07-22-15-130x63.png 130w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-10-25_07-22-15-104x50.png 104w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-10-25_07-22-15-83x40.png 83w" sizes="(max-width: 1167px) 100vw, 1167px"/>
</picture>
<figcaption id="caption-attachment-591314" class="wp-caption-text">PEPEUSD Chart Analysis Source: GeckoTerminal.com</figcaption></figure>
<p><span style="font-weight: 400;">Conversely, if the bears dominate the price at this level, the value of Pepe could drop to the $0.0000090 support level.</span></p>
<p><span style="font-weight: 400;">As the Pepe price sets its sights on a bullish surge, investors are eager to purchase a new promising Pepe alternative named </span><span style="font-weight: 400;">Pepe Unchained (PEPU),</span><span style="font-weight: 400;"> which has become one of the year's most successful presales.</span></p>
<p><span style="font-weight: 400;">The YouTube channel 99Bitcoins, with over 706K subscribers, suggests it could potentially soar 100X post-launch.</span></p>
<noscript></noscript>
<h2>Pepe Unchained Surpasses $22 Million</h2>
<p>The exciting <span style="font-weight: 400;">Pepe Unchained</span><span style="font-weight: 400;"> presale has amassed an impressive $22.3 million as investors believe it signifies a major advancement for </span><span style="font-weight: 400;">the Pepe ecosystem. </span></p>
<p><span style="font-weight: 400;">This groundbreaking project features its own Layer 2 blockchain aimed at liberating, or "unchaining," the original PEPE meme coin from its cumbersome Layer 1 network on Ethereum.</span></p>
<p><span style="font-weight: 400;">The project tackles foundational issues that affect traditional Layer 1 blockchains like Ethereum. With its innovative Layer 2 solution, Pepe Unchained dramatically lowers transaction costs and provides transaction speeds projected to be up to 100 times faster.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true" wp_automatic_readability="8.6428571428571">
<p lang="en" dir="ltr">Who needs some Brain Powder?</p>
<p>Pepe is preparing for the official debut of his very own blockchain! 🚀 <a href="https://t.co/kZC72UmxFy">pic.twitter.com/kZC72UmxFy</a></p>
<p>— Pepe Unchained (@pepe_unchained) <a href="https://twitter.com/pepe_unchained/status/1803856656704618843?ref_src=twsrc%5Etfw">June 20, 2024</a></p></blockquote>

<p><span style="font-weight: 400;">Token holders can also benefit passively through</span> <span style="font-weight: 400;">the platform’s staking mechanism</span><span style="font-weight: 400;">, which offers an annual percentage yield (APY) of 102%.</span></p>
<p><span style="font-weight: 400;">You can currently purchase $PEPU tokens for $0.01177 each. With a price increase expected in approximately 14 hours, secure your purchase soon to get the best rate.</span></p>
<p><span style="font-weight: 400;">To participate in the presale,</span> <span style="font-weight: 400;">acquire $PEPU from the official website here</span><span style="font-weight: 400;"> using ETH, USDT, or a bank card.</span></p>
<h2>Related News</h2>

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                                                                                                    <li>Layer 2 Meme Coin Ecosystem</li>
                                                                                                    <li>Featured in Cointelegraph</li>
                                                                                                    <li>SolidProof &amp; Coinsult Audited</li>
                                                                                                    <li>Staking Rewards - pepeunchained.com</li>
                                                                                                    <li>$10+ Million Raised at ICO - Ends Soon</li>
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