PEPE Price Update After Binance Listing Hype Cools Down: Will PEPE Pump?
PEPE saw a sharp rise after its Binance listing, reaching an all-time high (ATH) of $10.76 billion in market cap. Now, it has retraced and trades around $8 billion. Investors wonder if the price will drop further or bounce back to a new high.
Pepe’s listing on Binance has catapulted the meme coin to an incredible ATH of $10 billion. Obviously, a correction was expected after such a climb. Pepe has bounced from the $0.00001819 level, -25% from the ATH, and is now around $0.0000182.
Traders seem to be optimistic about a possible new bounce higher for Pepe, considering that many whales are accumulating large amounts of the meme coin.
Recently, a whale bought $2 million worth of PEPE, showing strong interest from big investors.
Someone spent 2M $USDC to buy 105.33B $PEPE in a single transaction!
Address:
0xd71c6b3760cfd22e50e5514d163986552a96930b pic.twitter.com/kDKmgptPEc— Lookonchain (@lookonchain) November 21, 2024
PEPE Price Update – Is PEPE Crypto Ready For A New ATH?
(PEPEUSDT)
Currently, PEPE
Price
Trading volume in 24h
Last 7d price movement
is trading near a key support level of $0.00001731, which aligns with a previous resistance level (previous ATH).
If it holds above this support, a potential bounce to retest the $0.00002192 level could occur.
The RSI (Relative Strength Index) is at 65.42, indicating that the price is approaching overbought territory but not at extreme levels yet.
Additionally, the 50-day moving average is at $0.00001186, providing critical support if the current retracement continues.
The key question is whether this is a natural correction before finding support or if a deeper decline is coming.
If the price breaks above its ATH of $0.00002595, it could reach $0.000030. However, if it drops below $0.000017, it might fall further to the 50-day moving average at $0.000012.
So far, the market conditions look ideal, with BTC reaching new highs. Meme coins are showing incredible strength alongside BTC.
EXPLORE: 17 Best Crypto to Buy Now in 2024
Pepe Unchained Presale: The Next Big Chance To Hit 100x
Pepe Unchained ($PEPU) has captured significant attention in the crypto community, recently surpassing the $40 million mark in its presale. One of the reasons for the recent FOMO was the news of a listing on a Tier-1 exchange for PEPU.
As Pepe recovers from its recent dip and hits a new ATH, PEPU could soon rival the OG meme coin. Currently priced at $0.01295 per token, $ PEPU’s current value could be a one-time chance. Projections suggest that $PEPU could achieve 100x returns.
The momentum behind Pepe Unchained is not just hype. The presale’s impressive funding figures and whale accumulation point to the project’s strong fundamentals.
Over the past week, the presale funding has jumped from $26 million to over $40 million, and the excitement shows no signs of slowing down. The $50 million funding goal seems well within reach, especially as the presale only has 21 days left before concluding.
🐸INCREDIBLE!🐸$PEPU just crossed a massive milestone! 40M!!🎉💚
It was only 2 days ago we celebrated 35M and there's no sign of slowing down! 💚🐸
Don't miss out on your chance to get in by grabbing your chunk of the presale here: https://t.co/onpYoXlnyG pic.twitter.com/E2kr5sKxYf
— Pepe Unchained (@pepe_unchained) November 20, 2024
Investors are also drawn to the project because of its potential listing on major exchanges like Coinbase or Binance. If $PEPU manages to secure a listing on either of these platforms, it could access a vast user base, significantly boosting its price.
Binance listing is historically bullish, and the price could pump even 30x right after the listing.
There are only 21 days left in the presale, and the opportunity to get in at the current price won’t last forever. Investors looking for the next big thing should consider getting in now while the price is still at a bargain.
With the possibility of a major exchange listing, the potential for $PEPU to deliver exponential gains is high.
Visit the Pepe Unchained website, connect your wallet, and seize the opportunity to participate in this exciting project before the presale ends.
EXPLORE: SEC Returns $4.6 Million to Investors of Ethereum-Based BitClave ICO
Join The 99Bitcoins News Discord Here For The Latest Market Updates
99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.
Free Bitcoin Crash Course
Learn everything you need to know about Bitcoin in just 7 days. Daily videos sent straight to your inbox.
