Wall Street Pepe (WEPE) – A Promising Alternative To Pepe (PEPE)

The Pepe price has slumped 24% in the past week, even after climbing 2% in the last 24 hours, to trade at $0.00001793 as of 3.45 a.m. EST

The Pepe price has dropped 24% over the past week, despite rising 2% in the last 24 hours, to trade at $0.00001793 as of 3.45 a.m. EST on trading volume that fell 11% to $2.4 billion.

Pepe Price Prediction

As the Pepe price seems to be fluctuating wildly at the moment, many meme coin traders and investors will be wondering where it might go next.

The project’s Bollinger bands have begun narrowing over the past few hours, suggesting that trader uncertainty is growing, though this could easily change if the Bitcoin price begins leading the recovery. In the meantime, the token’s price continues moving up and down from one band to the other, occasionally pausing in the middle area between the two lines, but usually not for very long.

Pepe’s Relative Strength Index (RSI) value is exhibiting a similar performance, mostly fluctuating throughout the neutral area, approaching both overbought and oversold zone, but never fully reaching them.

For the most part, its fluctuations went from 40 to 65 and back, never dropping down to 30 or surging to 70. This suggests that traders are not keen on pushing the price in either direction, and are simply reacting to its sharp changes, buying after a minor drop, and selling as soon as it starts recovering.

After the major decline that took place last week, this uncertainty doesn’t come as a surprise, but the lack of will to take risks has caused the price to be volatile and move constantly, often changing directions.

What’s more, this has been going on for almost two full days now, and many in the industry believe that the price will have to break out soon. With that said, PEPE did seemingly find a bottom at $0.000015 last Friday, so if its price does make a sudden move, many believe that it will be as part of a recovery.

Promising Alternative To Pepe

While Pepe is currently struggling amid a broad market downturn, its newest PEPE-themed rival, Wall Street Pepe (WEPE), is going from strength to strength.

The project has already managed to raise more than $34.84 million in less than three weeks and is the fastest-growing presale of the year and already among its most successful.

The project became popular immediately due to a number of factors, such as the fact that its price is fixed apart from scheduled increases that occur whenever its ICO enters a new stage. Then, there was the success of the previous Pepe ICO, Pepe Unchained, which became one of the largest crypto ICOs in history, raising $74 million and reaching its hard cap.

And finally, there is also the fact that WEPE is an extremely community-oriented project, seeking to create an insider group for its token holders and help them see greater profits from crypto by sharing trading strategies, price indicators, meme coin suggestions, and more.

The project claims that it always hated how whales stick to similar insider groups that benefit them, but they never share useful assets and knowledge with the retail trader collective. Now, it offers something similar to “the little guy,” and the only thing you need to do to become a part of it is buy its token, which currently sells for only $0.0003654.

Crypto YouTuber ClayBro, who has over 134k subscribers, recently predicted that WEPE could have at least 15x potential, also noticing that its ICO is making money despite Shiba Inu and other meme coins seeing major price drops.

Visit WEPE here.

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