Pepe Coin, a popular meme cryptocurrency, has seen a 2% increase in its price over the last 24 hours, reaching $0.000007081. Despite experiencing a 2.5% decline in the past week and a 16% drop in the last 30 days, Pepe Coin has still managed to maintain an impressive 800% growth over the past year. The recent dips in its price have positioned it to potentially test resistance levels, indicating the possibility of a 10% to 25% gain in the coming months.
Over the weekend, Pepe Coin hit a seven-day low of $0.00000644 but has since begun to show signs of recovery. Its technical indicators, such as the relative strength index and moving averages, suggest that there is room for further growth in the near future. If the price surpasses the 200-period moving average, a breakout could occur, potentially pushing the price to $0.000008 or $0.000009 in the next few weeks, representing an increase of around 12% to 25%.
Whales, or large holders of Pepe Coin, have resumed accumulating the cryptocurrency in September after a period of decline in August. This accumulation suggests a bullish outlook for the coin, particularly as September historically has been a challenging month for cryptocurrencies. With expected rate cuts from the Federal Reserve and the potential for bullish momentum as October approaches, Pepe Coin could see more consistent gains by the end of September.
One concern for Pepe Coin investors is the possibility of market-beating gains slowing down due to its previous rapid rise in value. To hedge against this, traders may consider diversifying into smaller coins, including presale tokens that have the potential for significant gains upon listing. One such presale coin is Pepe Unchained (PEPU), a layer-two project that has raised $12.5 million in its sale. PEPU aims to provide a layer-two network for meme tokens, offering near-instant transactions with low fees and double the usual staking rewards, making it an attractive option for users and investors.
Investors can participate in the PEPU sale through the official website, purchasing tokens using ETH, BNB, USDT, or fiat currency. The current price per token is $0.0095743, but it is expected to increase once the token is listed on exchanges. With its strong fundamentals, including scalability, staking rewards, and a growing community of followers on social media, Pepe Unchained presents a promising investment opportunity for those looking to diversify their portfolios and potentially capitalize on the growth of meme tokens in the cryptocurrency market.
