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Cryptocurrency News Articles

PEPE Coin Price Challenging The $0.00002387 Resistance After Coinbase Listing, But Will FOMO Buying Its L2 Challenger PEPU Steal Its Limelight?

Nov 14, 2024 at 06:07 pm

The Pepe coin price went ballistic, surging over 73% in the last 24 hours to trade at $0.00002261 as of 4:38 a.m. EST as a buyer frenzy erupts around the meme coin.

PEPE Coin Price Challenging The $0.00002387 Resistance After Coinbase Listing, But Will FOMO Buying Its L2 Challenger PEPU Steal Its Limelight?

The price of the Pepe coin has skyrocketed over 73% in the last 24 hours to trade at $0.00002261 as a buying frenzy erupts around the meme coin. The surge follows Pepe’s listing on the leading US crypto exchange, Coinbase.

However, technical indicators suggest that the Pepe coin price may be due for a correction after its rapid ascent. Momentum indicators such as the MACD and RSI are showing signs of weakness, indicating that traders may be preparing to sell their PEPE holdings.

Investors are also showing interest in Pepe’s layer 2 competitor, Pepe Unchained (PEPU), ahead of its listing on multiple tier 1 exchange platforms. The project’s ICO has now raised over $29.2 million from investors.

Whales are also continuing to buy up large amounts of PEPU before its exchange listings. The latest purchase saw a whale buy 19.99 ETH worth of PEPU. Prior to this most recent purchase, another whale bought $48,500 worth of PEPU using ETH.

If you’re interested in purchasing PEPU before its market debut, the token is currently selling for $0.0128 and can be purchased through the buy widget on its website using either ETH, USDT, BNB or bank card.

Purchase PEPU here before its exchange listings.

News source:insidebitcoins.com

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Other articles published on Nov 15, 2024