Pepe Price Prediction: PEPE Plunges 9% As Investors Rush To Buy This $70M Frog-Themed Rival Before It’s Too Late

The Pepe price dropped 9% in the last 24 hours to trade at $0.000009327 as of 2.20 a.m. EST on trading volume that surged 28% to $855.3 million.

Following the 24-hour plunge, the PEPE price in now down 28% in the past seven days as well, going from $0.00001299 to its current price, which is also the lowest it has seen since early November 2024.

The project’s weekly chart looks rather similar to Bitcoin’s as well, suggesting that the third-largest meme coin is closely following BTC’s lead.

Pepe Price Prediction

Pepe’s price saw its sharpest drop around 15 hours prior to the time of writing. Before that, the meme coin saw its Bollinger Bands relatively stable, and the price moved from fluctuating between the upper band and the middle line between the two bands, to the lower band and the middle line, then back up.

However, as the price started dropping, it also brgan pushing the lower band further down, causing the bands to widen along the way. Upon finding a bottom, the token started seeing short and sharp fluctuations. The bands narrowed again, and the price was moving from the upper band to the lower one multiple times in a six-hour period.

Now, the fluctuations are once again increasing, and the bands are widening again, suggesting that Pepe could see some strong price movement.

The project’s Relative Strength Index (RSI) value, however, shows that the bulls and bears were in conflict, fighting for control over the market. In the last two days, the RSI dropped to the oversold zone, surged to the edge of the overbought zone, dropped back deeply into the oversold zone, and then returned to the neutral area, reaching its peak around six hours prior to the time of writing.

Since then, it dropped to 30 again, and returned to 50. Throughout this period, the RSI was constantly seeing smaller fluctuations. Meanwhile, PEPE has found a new bottom at $0.0000090. While its price managed to recover from this low, the RSI, which is currently once again seemingly about to drop from the neutral value of 50, could also lead the price back down to this support.

Promising Alternative To Pepe

While Pepe is currently struggling, there are other options for fans of frog-themed cryptos, with the top option right now being Wall Street Pepe (WEPE).

$70M raised. Wired. Primed. Ready to rip. 🐸⚔️ pic.twitter.com/1jNgZucgUF

— Wall Street Pepe (@WEPEToken) February 6, 2025

This is a meme coin that is still in presale and is likely entering the final hours of its ICO. If you visit its website, you will see the countdown to the end of the presale saying that there is 9 days left. However, the project has so far raised $71 million, and its hard cap is at $72 million, meaning that it only has $1 million worth of WEPE left to sell at this early stage.

Once all of the tokens have been sold, the ICO will end with no more available tokens, and WEPE will likely hit exchanges soon after that. The amount raised, as well as the fact that its ICO will be sold out before reaching its scheduled conclusion, makes WEPE one of the biggest and most successful meme coin ICOs in the sector’s history.

It also suggests that there is a massive demand for the token, which could translate to a major price surge once it goes live. ClayBro, a crypto YouTuber with over 136k subscribers, seems to think so too. He recently predicted that WEPE could see at least 10x gains post-launch.

The project’s goal is to empower retail traders and investors by giving them an insider group, similar to the ones that crypto whales have. Within, they would get expert advice, trading signals, investment suggestions, big-brained trade calls, and more. All you need to do to join this group is buy some WEPE tokens.

With the ICO nearing its end, the investor frenzy around the meme coin has gone into overdrive. As such, the project’s ICO will likely end at some point today, or at the latest tomorrow, making this your last chance to buy WEPE at its ICO price of $0.0003665.

Buy WEPE tokens before the meme coin’s presale ends.

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