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Reading: PepeCoin Plummets 8%, But PEPE 2.0 Soars with $16.4M Raised[embed]https://www.youtube.com/watch?v=vJZL1ohymeU[/embed]
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Kriptoteka > Market > Ethereum > PepeCoin Plummets 8%, But PEPE 2.0 Soars with $16.4M Raised[embed]https://www.youtube.com/watch?v=vJZL1ohymeU[/embed]
Ethereum

PepeCoin Plummets 8%, But PEPE 2.0 Soars with $16.4M Raised[embed]https://www.youtube.com/watch?v=vJZL1ohymeU[/embed]

marcel.mihalic@gmail.com
Last updated: October 1, 2024 4:38 pm
By marcel.mihalic@gmail.com 6 Min Read
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<div wp_automatic_readability="90.856793145655">

        <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>Subscribe to our <u><a href="https://t.me/insidebitcoins" target="_blank" rel="noopener">Telegram</a></u> channel for the latest breaking news updates</p>
</div></div></div><p><span style="font-weight: 400;">The price of PepeCoin has fallen by 8% over the past 24 hours</span> <a href="https://www.geckoterminal.com/eth/pools/0xddd23787a6b80a794d952f5fb036d0b31a8e6aff"><span style="font-weight: 400;">trading at $3.175</span></a><span style="font-weight: 400;"> as of 03:19 a.m. EST, with trading volume decreasing nearly 2% to $4 million.</span></p>
<p><span style="font-weight: 400;">This decline has positioned PEPECOIN as the biggest loser among major meme coins by market cap, followed by Turbo, which experienced a 6% drop, according to </span><a href="https://coinmarketcap.com/gainers-losers/"><span style="font-weight: 400;">CoinMarketCap.</span></a></p>
<p><picture decoding="async" class="alignnone size-full wp-image-581782">
<source type="image/webp" srcset="https://insidebitcoins.com/wp-content/uploads/2024/09/MemeCoinLosers.jpg.webp 774w, https://insidebitcoins.com/wp-content/uploads/2024/09/MemeCoinLosers-232x300.jpg.webp 232w, https://insidebitcoins.com/wp-content/uploads/2024/09/MemeCoinLosers-768x993.jpg.webp 768w" sizes="(max-width: 774px) 100vw, 774px"/>
<img decoding="async" src="https://insidebitcoins.com/wp-content/uploads/2024/09/MemeCoinLosers.jpg" alt="MemeCoinLosers" width="774" height="1001" srcset="https://insidebitcoins.com/wp-content/uploads/2024/09/MemeCoinLosers.jpg 774w, https://insidebitcoins.com/wp-content/uploads/2024/09/MemeCoinLosers-232x300.jpg 232w, https://insidebitcoins.com/wp-content/uploads/2024/09/MemeCoinLosers-768x993.jpg 768w" sizes="(max-width: 774px) 100vw, 774px"/>
</picture>
</p>
<h2>PepeCoin Price in a Downward Trend</h2>
<p><span style="font-weight: 400;">PepeCoin's price gained traction in mid-September, rising from the $2.3 support level up to the $3.5 resistance, as noted by </span><a href="https://www.geckoterminal.com/eth/pools/0xddd23787a6b80a794d952f5fb036d0b31a8e6aff"><span style="font-weight: 400;">GeckoTerminal</span></a><span style="font-weight: 400;">. PEPECOIN subsequently established a double-top pattern at this resistance, indicating a potential downward reversal.</span></p>
<p><span style="font-weight: 400;">Currently, the PepeCoin price has fallen below the previous support level at $3.4 (50-day Simple Moving Average), although it maintains trading above the 200-day SMA, which could serve as the next support area.</span></p>
<p><span style="font-weight: 400;">Additionally, the Relative Strength Index (RSI) is dropping towards the 30-oversold threshold, currently hovering at 33, indicating significant selling pressure on the token.</span></p>
<p><span style="font-weight: 400;">The existence of the Fair Value Gap (FVG) also suggests that PepeCoin's price may continue to decline.</span></p>
<p><span style="font-weight: 400;">If bearish sentiment persists across key indicators, the FVG places the next support level around the $2.6 region.</span></p>
<figure id="attachment_581789" aria-describedby="caption-attachment-581789" style="width: 1273px" class="wp-caption alignnone"><picture decoding="async" class="size-full wp-image-581789">
<source type="image/webp" srcset="https://insidebitcoins.com/wp-content/uploads/2024/09/Uniswap-V2-_GeckoTerminal.com_pepecoin_2024-09-30_10-19-42.png.webp 1273w, https://insidebitcoins.com/wp-content/uploads/2024/09/Uniswap-V2-_GeckoTerminal.com_pepecoin_2024-09-30_10-19-42-300x125.png.webp 300w, https://insidebitcoins.com/wp-content/uploads/2024/09/Uniswap-V2-_GeckoTerminal.com_pepecoin_2024-09-30_10-19-42-1024x428.png.webp 1024w, https://insidebitcoins.com/wp-content/uploads/2024/09/Uniswap-V2-_GeckoTerminal.com_pepecoin_2024-09-30_10-19-42-768x321.png.webp 768w" sizes="(max-width: 1273px) 100vw, 1273px"/>
<img decoding="async" src="https://insidebitcoins.com/wp-content/uploads/2024/09/Uniswap-V2-_GeckoTerminal.com_pepecoin_2024-09-30_10-19-42.png" alt="PEPECOIN priceChart Analysis Source: GeckoTerminal.com" width="1273" height="532" srcset="https://insidebitcoins.com/wp-content/uploads/2024/09/Uniswap-V2-_GeckoTerminal.com_pepecoin_2024-09-30_10-19-42.png 1273w, https://insidebitcoins.com/wp-content/uploads/2024/09/Uniswap-V2-_GeckoTerminal.com_pepecoin_2024-09-30_10-19-42-300x125.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/09/Uniswap-V2-_GeckoTerminal.com_pepecoin_2024-09-30_10-19-42-1024x428.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/09/Uniswap-V2-_GeckoTerminal.com_pepecoin_2024-09-30_10-19-42-768x321.png 768w" sizes="(max-width: 1273px) 100vw, 1273px"/>
</picture>
<figcaption id="caption-attachment-581789" class="wp-caption-text">PEPECOINUSD Chart Analysis Source: GeckoTerminal.com</figcaption></figure>
<p><span style="font-weight: 400;">Meanwhile, the continued drop in RSI may suggest that PepeCoin is on the verge of becoming undervalued, potentially serving as a buying opportunity for investors. Under such conditions, PepeCoin may rise above the $3.2 resistance aiming for $3.67.</span></p>
<p><span style="font-weight: 400;">At the same time, many are eager to invest in the new promising crypto alternative, </span><span style="font-weight: 400;">Pepe Unchained (PEPU)</span><span style="font-weight: 400;">. According to the YouTube channel 99Bitcoins, with over 706K subscribers, it could achieve a 10X return post-launch.</span></p>
<noscript></noscript>
<h2>Pepe Unchained Secures Over $16.5 Million—The Best Meme Coin Investment Now?</h2>
<p><span style="font-weight: 400;">As indicated by its name, Pepe Unchained is designed to liberate Pepe from its outdated, cumbersome Layer-1 server infrastructure. This is accomplished </span><span style="font-weight: 400;">through its custom Ethereum Layer 2 blockchain.</span></p>
<p><span style="font-weight: 400;">Pepe has been limited by its Layer 1's restrictions, often leading to slow and costly transactions. </span><span style="font-weight: 400;">Pepe Unchained addresses these challenges, offering speeds up to 100 times faster and significantly lower costs.</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 launch 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 from passive income through</span> <span style="font-weight: 400;">the platform’s staking program</span><span style="font-weight: 400;">, which offers an annual percentage yield (APY) of 130%.</span></p>
<p><span style="font-weight: 400;">You can currently purchase $PEPU tokens for $0.00989 each. With a price increase expected shortly, now is the time to secure the best rates.</span></p>
<p><span style="font-weight: 400;">To take part in the presale,</span> <span style="font-weight: 400;">buy $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>SolidProof &amp; Coinsult Audited</li>
                                                                                                    <li>Staking Rewards - pepeunchained.com</li>
                                                                                                    <li>$10+ Million Raised at ICO - Ends Soon</li>
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