Pepe 2.0 Price Prediction: PEPE2.0 pumps 20%, but with time running out, investors rush to surging Meme Coin ICO.

adminJanuary 20, 2024

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Pepe 2.0 price has been trading up 20% in the last 24 hours. $0.00000002386 8:30 AM EST.

Pepe 2.0 Price Prediction: Technical Analysis

Looking at the 1-hour PEPE2.0/USDT chart, we can see that the 50-day simple moving average (SMA) and the 200-day SMA indicate a possible correction, with the shorter 50-day SMA moving below the 200-day SMA. , forming a dead cross.

The relative strength index (RSI) is around 62, slightly above the midpoint of 50 but below the overbought threshold of 70. This suggests moderate bullish momentum. However, meme coins may be approaching overbought conditions, which could lead to a potential decline or consolidation.

The Moving Average Convergence Divergence (MACD) line (blue line) is above the signal line (orange line) and the histogram moves above the baseline. This shows bull action for meme coins. However, the height of the histogram bars is decreasing, adding weight to the possibility of a near-term correction.

Looking at the trend based on other indicators, the Awesome Oscillator (AO) will show green bars, indicating an overall bullish trend for the asset. A noticeable increase in volume is accompanied by a recent price surge, which may indicate strong buying interest. Pepe 2.0’s trading volume has surged more than 200% in the last 24 hours.

The chart also shows previous price consolidation near the 0.000000021167 level, which could act as support, while recent highs could act as resistance levels.

1 hour PEPE 2.0 chart | Source: TradingView

Meanwhile, with the price of Pepe 2.0 surging, Sponge V2 is emerging as another attractive meme coin alternative. Highest pre-orders in 2024.

Pepe 2.0 Pricing: Is Sponge V2 a Better Alternative?

Sponge V2Offering an exciting new gaming application, is the successor to Sponge V1, a meme coin that boasted an incredible 100x return last year. To secure SPONGE V2 coins, you need to stake your previous V1 tokens.

Investors can find a connection to acquire Sponge V2 tokens on the Sponge website.

💸🛌 Passive accumulation #SPONGEV2 You can receive rewards just by staking $sponge!
Enjoy over 40% APY and watch your assets grow.
It’s never been easier! 🧽 🙌🙌 #CryptoStaking #memecoin #how pic.twitter.com/N0z2n4W9is
— $SPONGE (@spongeoneth) January 10, 2024

Justin Sun bought a sponge

Last year, news spread that Tron had discovered that Justin Sun had purchased Sponge, sparking further interest in the project. The holding is now worth about $100,000.

Sun revealed in May last year that he wanted to purchase the attractive meme coin project.

I decided to actively trade meme coins and promising projects through public addresses. Any losses that may arise from these transactions will be personally borne by me, and all profits generated will be donated to charity.
— HE Justin Sun Sun Yuchen (@justinsuntron) May 11, 2023

Jacob Crypto Bury, a prominent figure with 26,000 YouTube subscribers, predicts a potential 30-fold increase at launch. Tokens also belong to one of the following: best meme coins For exponential profits.