Pepe Price Prediction: PEPE Rises 8%, but This New Meme Coin Star Is Taking on BONK, WIF, and MYRO on Solana

adminFebruary 24, 2024

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Pepe prices are up 8% in the last 24 hours. Traded for $0.0000009623 As of 8:40 a.m. EST, trading volume had increased 168% to $241 million.

Pepe Price Preparing for Bull Rally Above Falling Wedge Pattern

pepe price

PEPEUSDT Analysis by Tradingview

PEPE price has broken out of a descending wedge pattern, indicating a bullish trend reversal. The support level for Pepe at $0.00000060 laid the foundation for positive momentum, allowing bulls to push the price higher and reach the $0.00000180 resistance.

Bearish trends halted momentum, drove prices down, and eroded the gains made by bulls. but tThe support area at $0.00000089 gave the bulls new strength to drive the price beyond the upper boundary of the wedge, confirming the expected bull rally.

Technical indicators are all bullish as the bulls have pushed the price above the 50-day and 200-day simple moving averages (SMAs), which act as immediate resistance for the Pepe price.

The Relative Strength Index (RSI) is trading upwards from 63 and has rebounded from the midline of 50 and is approaching overbought territory, indicating strong buying pressure. If the bullish momentum strengthens further, the RSI may surge towards the 70 overbought level.

Pepe Price Bulls Target $0.00000206 Above the Wedge

Pepe price is generally bullish as investors look at the falling wedge pattern that formed as they anticipated a bullish rally. Support from RSI and SMA technical indicators could push the price higher, with bulls targeting $0.00000206 and above the previous high of $0.00000192.

However, the bears may intervene and put pressure on the price, forcing the bulls to retreat to the support area of $0.00000863.

As Pepe traders prepare to increase their positions, investors are looking for investment opportunities as Smog challenges the supremacy of meme coin giants BONK, WIF and MYRO on Solana. Smog is already in the top 20 of all meme coins, with the market soaring to $51 million.

New 100x Solana Memecoin Announces Largest Airdrop Ever

smoga new meme coin on the Solana blockchain, is rapidly gaining traction and reaching unprecedented heights, with analysts hailing it as the next generation of Solana meme tokens.

The goal to become the best meme token is clear in the slogan. “The one meme coin to rule them all.”

one #memecoin To rule them all! 🚀
Get ready for the best moment #airdrop Distributed in History #Solana. 💰
join #smog From Jilly! 🔥
Profile link 🔗 pic.twitter.com/vsn4p5cSF4
— Smog (@SMOGToken) February 8, 2024

To achieve this plan, SMOG promises an imminent airdrop that it calls ‘the largest in history’. The SMOG team is allocating 35% of the total supply of 1.4 billion Smog tokens for this landmark event. If you missed Jupiter’s $700 million airdrop on Solana, don’t airdrop with SMOG again.

Get 10% off your SMOG purchase and receive historic airdrops

To qualify for this airdrop, you must purchase and hold Smog tokens in your wallet. It’s best to buy directly from the Smog website where you can get a 10% discount.

You can also complete tasks on Zealy and collect XP points for airdrops. current tThe Zealy campaign boasts a community of over 10,000 airdrop participants actively participating in various quests, with over 400,000 completed.

Bonk, Dogwifhat, Myro, and Samoyedcoin memecoin holders are already receiving distributions of SMOG tokens via daily $1,500 airdrops. You can also stake your Smog tokens to e.Annual Percentage Yield (APY) is 42%.

$smog 🐉 one #memecoin To rule over everyone🔥
Buy or Stake ERC-20 $smog Buy tokens at 42.0% APY through our website.💰
Staked tokens are locked for 90 days, and rewards are fully withdrawn. 🔒💸
All tokens purchased through the site are automatically staked.
Link in bio! pic.twitter.com/Y98lZcjuk6
— Smog (@SMOGToken) February 10, 2024

YouTube cryptocurrency analyst Jacob Bury listed SMOG as one of the top seven altcoins with a 10x potential after launch and before the Bitcoin halving in April.