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</div></div></div><p>The price of Pepe has surged by 36% over the past week and increased by 0.9% in the last 24 hours <a href="https://www.coingecko.com/en/coins/pepe">now trading at $0.00001126</a> as of 12:40 a.m. EST, with trading volume dropping by 8% to $2.2 billion.</p>
<h2>Pepe Price Momentum May Persist</h2>
<p>The PEPE/USD price dynamics highlight several crucial technical signals and trends suggesting a possible bullish breakout. A notable formation is the falling wedge, a bullish reversal formation that often indicates impending upward price action following a consolidation phase.</p>
<p>The wedge seems to narrow, and the price is nearing an anticipated breakout level that could trigger a substantial price increase. A support area has been formed, with the price consistently testing this point and bouncing back, illustrating robust buying interest that halts further downturns.</p>
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<img fetchpriority="high" decoding="async" src="https://insidebitcoins.com/wp-content/uploads/2024/09/DEXTools.io_PEPE_USD-UNI_2024-09-30_08-28-29.png" alt="Pepe Price" width="1319" height="571" srcset="https://insidebitcoins.com/wp-content/uploads/2024/09/DEXTools.io_PEPE_USD-UNI_2024-09-30_08-28-29.png 1319w, https://insidebitcoins.com/wp-content/uploads/2024/09/DEXTools.io_PEPE_USD-UNI_2024-09-30_08-28-29-300x130.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/09/DEXTools.io_PEPE_USD-UNI_2024-09-30_08-28-29-1024x443.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/09/DEXTools.io_PEPE_USD-UNI_2024-09-30_08-28-29-768x332.png 768w" sizes="(max-width: 1319px) 100vw, 1319px"/>
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<p>PEPEUSD Analysis Source: Dextools.io</p>
<p>The 50-day simple moving average (SMA), depicted by the blue line, is currently below the 200-day SMA (green line), indicating a past bearish trend. Nevertheless, a potential crossover between the moving averages appears to be approaching, implying that a bullish crossover could be on the horizon if the 50-day SMA climbs above the 200-day SMA.</p>
<h2>Price Indicators Suggest Possible Bearish Reversal</h2>
<p>Analyzing the indicators, the MACD has entered positive territory above the neutral level, signifying an increase in upward momentum. Additionally, the histogram displays green bars, further supporting the bullish sentiment.</p>
<p>Furthermore, the relative strength index (RSI) is currently at 76.42, exceeding the overbought threshold of 70. This indicates strong buying pressure for Pepe, but it also suggests that a short-term pullback or correction may occur if the overbought conditions persist.</p>
<p>With a potential bullish breakout formation in place, if the price breaks above the wedge, it might aim for a new resistance level. Should this breakout materialize, the price could escalate toward a target of approximately $0.00001500, as indicated on the chart. However, caution is warranted due to the overbought RSI, as a short-term retracement could take place before any further uptrend.</p>
<h2>Dynamic Layer 2 Meme Coin Surges Past $16.4 Million: The Optimal Meme Coin to Invest In?</h2>
<p><span style="margin: 0px; padding: 0px;">As the Pepe price soars, Pepe Unchained (PEPU), a robust Layer 2 meme coin, has surpassed $16.4 million in its presale, emerging as one of the fastest-growing presales this year.</span></p>
<p>The recent upsurge of Pepe Unchained (PEPU) has drawn attention from popular YouTuber ClayBro, who has over 130K subscribers. He believes PEPU tokens could generate a new wave of millionaires upon launch.</p>
<noscript></noscript>
<p><span style="margin: 0px; padding: 0px;">It has also attracted the attention of whale investors, including one who invested $53k in the project on Friday.</span></p>
<p>Pepe Unchained is making notable advancements in the crowded meme coin arena, addressing some of the technical difficulties that have plagued blockchains like Solana and TON.</p>
<p>To overcome these challenges, PEPU is launching its own layer-2 blockchain. By processing transactions on a separate chain, it alleviates the demands on traditional layer-1 networks, resulting in a more efficient and seamless experience.</p>
<p>As indicated by its name, Pepe Unchained strives to liberate PEPE from its outdated, cumbersome Layer-1 infrastructure, accomplishing transaction speeds that are up to 100 times faster while significantly reducing transaction costs on the Pepe Unchained network.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true" wp_automatic_readability="13.114285714286">
<p lang="en" dir="ltr">Pepe Unchained L2 Sneak Peek!</p>
<p>What we are building is more than just a new chain; it’s a complete ecosystem.</p>
<p>🐸Pepe Unchained L2<br/>🐸Block Explorer<br/>🐸DEX<br/>🐸Bridge<br/>🐸Advanced Analytics<br/>🐸Developer Grants</p>
<p>Pepe Unchained is on its way, and it’s set to revolutionize the crypto landscape. <a href="https://t.co/ZVnvgO6MGF">pic.twitter.com/ZVnvgO6MGF</a></p>
<p>— Pepe Unchained (@pepe_unchained) <a href="https://twitter.com/pepe_unchained/status/1839304995465998825?ref_src=twsrc%5Etfw">September 26, 2024</a></p></blockquote>
<h2>High Returns and Developer Incentives</h2>
<p>Moreover, PEPU's layer-2 solution enables easy value transfers between the secure Ethereum network and the high-speed Pepe Unchained blockchain, positioning it as a formidable competitor in the meme coin sector.</p>
<p>Additionally, developers have the opportunity to create decentralized applications (dApps) on the Pepe Unchained network, expanding its use cases well beyond meme coins. This initiative is supported by the introduction of the “Frens With Benefits” developer grant program, aimed at promoting innovation on the platform.</p>
<p>PEPU also attracts investors with a 130% annual yield for token stakers.</p>
<p>If you’re interested in acquiring PEPU, it is currently priced at $0.00989, with purchase options available in ETH, USDT, BNB, or through bank card. With a price increase anticipated in less than 2 days, acting soon will secure the best price.</p>
<p>Purchase PEPU on the official website here.</p>
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Pepe Price Soars 36%: Is PEPU the Meme Coin to Buy Now?[embed]https://www.youtube.com/watch?v=VGtKh4225xo[/embed]

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