Despite a 4% drop in the last 24 hours, Pepe Coin is showing promising signs with recent price action being encouraging amid current market conditions.
Pepe Coin (CRYPTO: PEPE) price showed promising signs on Monday amid the recent price action, as the coin appeared to be stabilizing from a 4% drop over the past 24 hours.
The meme coin price action displayed a promising consolidation, especially considering the market sell-off, which saw the coin price plummet 52% from its peak. However, the promising price levels could present a favorable opportunity for investors.
This article explores the $PEPE crypto price prediction and highlights Pepe Unchained, a new Layer-2 meme coin currently in presale, which could pose a strong competition to Pepe coin upon its launch.
$PEPE Crypto Price Prediction Today: What to Expect Next?
As of today, August 11th, Pepe coin price is trading at $0.000008072, with a 24-hour trading volume of $572.68 Million and a market cap of $3.40 Billion.
From the technical indicators, $PEPE might experience a bullish trend with a possible 25% move from the current levels. While further market fluctuations are still possible, the current consolidation phase could be setting up for an up move.
Those looking for an entry point could wait for a break above $0.0000090, which could add further confirmation to the bullish momentum, potentially taking the price towards $0.0000105.
Overall, the setup looks promising for those looking at Pepe Coin, although caution is advised for those who may not be able to react quickly to the market changes.
For an in-depth analysis of Pepe coin price predictions, watch the video above and follow his YouTube channel. Additionally, join the Jacob Crypto Bury Discord community for trading tips and updates on upcoming crypto presales.
Why Pepe Unchained Is Emerging As A Strong Contender To Pepe Coin
While Pepe coin still holds potential for a promising rebound and possible 2x to 3x returns, those looking for meme coins with 10x to 100x potential may want to consider the upcoming Layer-2 network, which could see substantial gains once it enters the broader market.
Pepe Unchained is generating a lot of buzz as a presale, combining the appeal of meme coins with the benefits of a Layer-2 network. The presale has already raised $8.1 million, indicating strong market interest and enthusiasm for the project.
The project is building a unique Layer-2 blockchain specifically tailored for meme coins, addressing issues such as high gas fees and slow transaction speeds on Ethereum.
By introducing its own blockchain with a unique consensus mechanism, the project promises faster transaction speeds and lower costs, capable of handling 100x the transactions compared to Ethereum. As the presale progresses into the next phase, $PEPU tokens are priced at $0.0090178, which is set to increase soon.
We’ve raised $8M! ?
Thank you to everyone on the Pepe Unchained journey. This milestone brings us closer to launching our Layer 2 solution for faster, smarter blockchain experiences! pic.twitter.com/cYWYqVd3l3
— Pepe Unchained (@pepe_unchained) August 10, 2024
Investors can participate in the presale by visiting the official website, connecting their wallets, and purchasing $PEPU using $ETH, $USDT, or B$NB, with credit card payments also accepted. Interested investors can check out our guide on how to buy $PEPU token here.
Tokens can be immediately staked to earn a massive 237% APY, and over 674 million $PEPU tokens have already been staked. The project’s smart contract has been fully audited with no critical issues found.
After the presale, $PEPU is expected to be listed on exchanges, potentially boosting its price further. The allocation of the $PEPU supply includes 10% for liquidity, 20% for early adopters, 30% for staking rewards, 20% for marketing, 10% for project development, and 10% for infrastructure.
Unlike many hype-driven meme coins with little substance, Pepe Unchained provides real utility with its Layer-2 solution. Its advanced technology may help sustain demand for $PEPU in the long run.
For the latest updates on the Pepe Unchained presale, visit their X page (formerly Twitter) or join their Telegram channel. To participate in the $PEPU token presale, head over to pepeunchained.com.
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