Pepe Price Trades Sideways, But Is Likely To Break Out Soon

The third-largest meme coin has been trading sideways for over four days now, mostly ignoring the changes that the crypto market has seen over the weekend

The price of third-largest meme coin Pepe has largely stalled over the past week, showing little to no reaction to the changes in the crypto market, including Bitcoin’s second failure to stay above $90k, which impacted the majority of other cryptocurrencies.

Pepe Price Stalled, but Is Still up 68% Weekly, Hitting a New ATH Last Week

After a strong price surge on November 13, which pushed its value from $0.00001246 to a resistance at $0.000025, the token corrected slightly, mostly fluctuating between $0.000021 and $0.000022.

Pepe’s price has seen a massive surge of 100% on a monthly basis, with the majority of its growth taking place in the past seven days. It is up 68% weekly as of the time of writing, and it is worth noting that it hit a new all-time high when its price reached $0.00025 on November 14.

Interestingly, however, PEPE is currently seeing the rise of what could end up being its greatest challenger, and the first Pepe-based meme coin that might surpass it.

The project in question is called Pepe Unchained (PEPU), and its ICO is one of the largest and most successful presales that the crypto industry has seen in recent years, showing massive investor interest.

Join the PEPE Unchained Community on Discord Now

Pepe Unchained (PEPU) – The First Pepe L2 Meme Coin

Pepe Unchained is the newest challenger to Pepe, being the latest Pepe-inspired meme coin to emerge. The project has been in ICO for several months now, and the presale is just about to hit $36 million raised.

PEPU blew up thanks to the fact that it is the first Pepe-based meme coin to have its own blockchain — a L2 chain that allows it to be much faster, with lower fees, and the ability to scale, unlike the original. Despite the fact that it is the third-largest meme coin by market cap, the original Pepe is still based on Ethereum’s network, which means that it is bound by its technical capabilities.

Since the ETH network is rather limited in that regard, Pepe too suffers from high fees and slow speeds. PEPU, on the other hand, now offers the ability to use a Pepe-based meme coin in everyday transactions, and the community doubled down on its ICO, especially since its developers announced its upcoming conclusion.

Right now, there are less than 25 days left before the presale ends, and so investors, including crypto whales, started buying massive amounts, pushing the ICO to $35.99 million raised at the time of writing. The coin’s price sits at only $0.012982 — already higher than the Pepe price — but once it goes live, many believe that the demand will send its value to the moon.

BUY PEPU AT THE LOWEST PRICE NOW