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Cryptocurrency News Articles

PEPE Price Could Continue Soaring After Breaking Out of Descending Triangle Pattern

Nov 11, 2024 at 05:08 pm

The Pepe price surged 12% in the last 24 hours to trade at $0.00001263 as of 11:40 p.m. EST on trading volume that skyrocketed 98% to $6.3 billion.

PEPE Price Could Continue Soaring After Breaking Out of Descending Triangle Pattern

The price of Pepe (PEPE) surged over 12% in the last 24 hours to trade at $0.00001263 as of 11:40 p.m. EST on Monday. The pepe price skyrocketed as trading volume surged 98% to $6.3 billion.

This comes as data from IntoTheBlock says that 86% of Pepe holders are now sitting on profits.

Meanwhile, investors are going all-in on on a new PEPE rival called Pepe Unchained ($PEPU), which has just closed its presale after raising an incredible $26.6 million in funds, one of the most successful of all time.

According to 99Bitcoins, a leading crypto YouTube channel with over 706k followers, Pepe Unchained ($PEPU) could be the next meme coin to deliver 100x returns.

Pepe Unchained Presale Closes On $27 Million

As its name suggests, Pepe Unchained ($PEPU) is designed to free, or ”unchain,” the original PEPE from its clunky, inefficient home on Ethereum.

That’s why it comes with its own Layer 2 (L2) blockchain, which offers superior transaction speeds and significantly reduced fees compared to Pepe ($PEPE), which runs on Ethereum’s slower, more expensive Layer 1 network.

The project is also fostering innovation by launching developer grants. The project’s website now features a portal where developers can apply for grants to build on its L2 chain. The goal is to create new dApps and leverage its technology for even faster and more cost-efficient transactions.

It’s also unveiled Pepe’s Pump Pad, a meme coin launchpad similar to Solana’s Pump.fun that aims to make it the epicenter of the meme coin world.

Investors can also stake PEPU tokens to earn a huge 91% in annual rewards.

Priced at $0.01249 per token, PEPU can be bought with ETH, USDT, or a credit card. Buy before a price hike in about 15 hours to grab the best price.

You can purchase $PEPU tokens on the official website here.

News source:insidebitcoins.com

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