Blockchain

Pepe Price Soars 12% – Could Pepe Be Unchained on Binance?

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As investors re-entered the meme coin’s order book, the price of Pepe has surged more than 12% in the past 24 hours, trading at $0.00002094 as of 11:10 PM ET.

Following recent gains, PEPE prices have boosted their monthly performance by more than 110%.

Pepe Price overcame technological obstacles.

PEPE chart imagePEPE chart image

PEPE/USD 4-hour chart (Source: GeckoTerminal)

that pepe The price has not only overcome the resistance level of $0.00001962 in the last 24 hours, but has also managed to break out of the medium-term negative price channel. GeckoTerminal Show. If Mimcoin maintains its position above this mark over the next 12 hours, it could gain the technical ground needed to advance up to the subsequent resistance at $0.00002427.

In an extremely optimistic scenario, the Pepe price could rise to $0.00002867 in the coming days. however same corner A move below the recent breakout of $0.00001962 in the next 12 hours could dash the bullish hopes of PEPE traders.

In other cases, the price of Pepe may fall again within the previously mentioned falling price channel. This could lead PEPE to test the key support level at $0.00001486.

Technical indicators warn that bears may still have control over Pepe prices.

Technical indicators on the PEPE 4-hour chart suggest that the price of the meme coin may continue to rise during today’s trading session. Both Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) are showing bullish signals, but suggest that the bulls are not yet fully under control.

RSI readings have risen above the benchmark 50 over the past 24 hours, indicating that buyers have an edge over sellers on the 4-hour chart. This technical event will likely push the price of Pepe higher, but the RSI line has leveled off over the past few hours, warning that sellers are fighting back to regain control.

The MACD line has also crossed the MACD signal line in the last 24 hours. These technical events are often interpreted as a sign that a cryptocurrency has entered a positive trend. However, the small gap between the two lines warns that things could still turn bearish in the coming hours.

While bulls and bears are locked in a tight race on PEPE’s 4-hour chart, the layer 2 meme coin challengers are: Baby Unchained (PEPU) Pre-sales are exploding amid speculation about a listing on Coinbase or Binance when it launches in a little over 21 days.

Helping Pepe Get Out of Clumsy Ethereum

Pepe Unchained (PEPU) is on a mission to liberate our beloved Pepe from the slow and clunky legacy layer 1 Ethereum network.

To achieve this, the project will introduce a new Pepe token based on Pepe Unchained’s ultra-fast layer 2 blockchain. This new token will subsequently be 100 times faster and much cheaper to transact than its predecessor.

In addition to providing Pepe’s loyal followers with new tokens worthy of their loyal support, Pepe Unchained’s network will drive the next wave of Web3 innovation. This comes after the team launched a developer grant initiative to provide approved coders with the financial support and opportunities they need to build the next best app on the Pepe Unchained blockchain.

Pepe Unchained is in direct competition with the Solana-based Pump.fun meme coin generator with its own token launchpad platform. This could position and solidify Pepe Unchained as a strong player in the burgeoning meme coin space.

With all the latest developments and the appeal of meme coin enthusiasts, it is easy to see why experts and analysts are bullish on PEPU.

Among those who expect big things to happen in PEPU’s future are analysts with the 99Bitcoins YouTube channel, which boasts over 706,000 subscribers. In a recent video, the analyst said that the meme coin is poised to surge 100x after its official launch in just 21 days.

Investor FOMO Buys PEPU Amid Binance or Coinbase Listing Speculation

Pre-sales for Pepe Unchained have been parabolic, raising over $40 million, indicating strong investor confidence in the future of the project. This buying frenzy reached a peak recently after the team announced that the project was listed on a Tier-1 exchange. This led to speculation that a Binance or Coinbase listing could be included in the PEPU card.

Being added to one of these platforms could cause the price of PEPU to skyrocket, similar to the spike in PEPE price following its listing on Coinbase last week.

Investors can participate in the project before it is listed using the purchase widget included on the website.

Buy PEPU here.

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