Pepe Price Prediction: PEPE Falls 5% as Investors Flock into This New Meme Coin for Parabolic Profits

adminApril 1, 2024

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Pepe prices fell 5% to $0.00000813 as of 02:09 EST, following a slight increase in trading volume.

This comes as the market wraps up the Easter holiday, extending the weekend’s typically low trading volume.

Happy Easter Friends $pepe pic.twitter.com/9Pht818RXT
— 🐸KC (@kc_sanj) April 1, 2024

The outlook is uniform across sectors, with all meme coins falling except Book of Meme (BOME), which is up 11% in the last 24 hours.

$TREES I’m planning to cook it this week and this dip has been a blessing. pic.twitter.com/zMwGGPZrjf
— Mo (@NotoriousCoins) April 1, 2024

The decline took Pepe price below the $0.00000812 support provided by the 50-day simple moving average (SMA). These losses are very significant, but all hope is not lost as Pepe price continues to consolidate above the rising trend line with the prospect of further gains.

Evidence of this potential is that the Relative Strength Index (RSI) continues to remain above its average level of 50. The Awesome Oscillator (AO) is also in positive territory, with its histogram blinking green as volume increases. This shows that an increasingly bullish sentiment is forming.

As long as the bulls keep PEPE above the rising trend line, Pepe price can still push north and tag $0.00001000. An extension northward could push Pepe price back to the $0.00001084 range highs.

In a very optimistic case, profits could reach $0.00001200, about 46% above current levels.

pepe price

TradingView: PEPE/USDT 12-hour chart

converse case

Conversely, if bears are able to push Pepe price below the uptrend line, the decline could extend to $0.00000656. Below this level, the frog-themed coin could move lower and find support at its 100-day SMA at $0.00000538. Otherwise, we may revisit the low range of $0.00000493. This represents a 40% decline from current levels.

Meanwhile, investors are flocking to DOGE20. New meme coin that analysts say has the potential for parabolic gains and is likely to hit 100X.

A promising alternative to PEPE

Dogecoin 2.0, powered by the DOGE20 token, is one of the latest ICOs offering investors affordable entry into the popular meme coin space. The project detailed a six-step roadmap with a white paper proposing the introduction of new features to improve the token’s usefulness in the future.

Dogecoin 2.0 is the latest and greatest addition to the Doge meme coin family. Its $DOGE20 is trying its best to become the next Dogecoin (DOGE) or Shiba Inu (SHIB). This project encapsulates the vibrant essence of meme coins that have captured the imagination of the cryptocurrency community. Its roots are intertwined with its iconic godfather Dogecoin, which has transcended internet culture.

ultimate preparation #viceroy upgrade! 🛠️
we are pushing @ElonMusklover #memecoin Towards a bluer horizon. ❤️
Learn about staking possibilities #DOGE20 You can be rewarded for being environmentally friendly. 💸🌍 pic.twitter.com/zMino37jCV
— Dogecoin20 (@DOGE_COIN20) March 22, 2024

In doing so, Dogecoin20 pays homage to this legacy while exploring uncharted territory. By combining the appeal of memes with the power of on-chain staking, Dogecoin20 paves a unique path that will appeal to both enthusiasts and investors looking for new avenues for growth.

🚀 #DOGE20 It’s not just another offshoot inspired by the Shiba Inu.
In keeping with Dogecoin’s ethos of doing only good things every day, it offers passive rewards through on-chain staking. 🌱🌟
Our most widely loved products embrace a greener, more sustainable future. #memecoin oh my god! 🐾 pic.twitter.com/zqlONodRPB
— Dogecoin20 (@DOGE_COIN20) March 14, 2024

There are less than 3 weeks left to purchase DOGE20 for $0.00022.

Dogecoin20 is advertised as the ultimate Doge upgrade that will usher Elon Musk’s favorite meme coin, Dogecoin (DOGE), into a new, more innovative future. The project has already raised over $10 million and pre-sale tokens are currently depleted. With the $10 million hard cap reached, the countdown to DOGE20 billing and launch is now 19 days away.

doji 20 doji 20

The token also offers stakers a whopping 70% Annual Percentage Yield (APY), with more information available on the project’s staking dashboard. Staking is becoming increasingly popular, providing investors with a way to earn passive income, especially in the face of market volatility. Dogecoin20 seeks to revolutionize the cryptocurrency landscape by introducing Stake-to-Earn functionality powered by ERC-20 tokens via Ethereum smart contracts.

The process is simple. Stake your tokens, withdraw them, earn rewards and monitor your APY.

DOGE20 will be available for purchase on the website for $0.00022 for 19 days after launch. Interested buyers must act quickly before it is too late. Tokens can be purchased using ETH, BNB or USDT.

Visit DOGE20 here to purchase.