Is It Too Late To Buy PEPE? Pepe Price Soars 25% In A Week And This Might Be The Next Crypto To Explode

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Pepe price
Pepe price

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The Pepe price soared 25% in a week and 5% in the last 24 hours to trade at $0.00001283 as of 3:00 a.m. EST on trading volume that surged 10% to $1.65 billion.

The Pepe price chart closely resembles Bitcoin’s, although the third-largest meme coin definitely outperformed BTC, both on the weekly and daily chart. Even so, it was Bitcoin’s price surge that allowed Pepe to soar in mid-July. Moving forward, if Bitcoin returns to its ATH and continues to climb further up, it would likely also open the path for PEPE to continue its ascent.

The meme coin is still far from its own all-time high, currently being only around halfway to it. However, this might change if the bullish wave continues.

Pepe Price Prediction

Pepe’s largest surge this summer started last week on July 8, around the same time when Bitcoin started climbing. The meme coin went from $0.000010 to $0.0000132 at its highest point. However, the meme coin has a major resistance standing in its way at $0.0000130. Although the price briefly managed to climb above it, this level was not truly broken, and it quickly rejected the price, causing it to drop to $0.0000120.

This has been Pepe’s strongest support level over the past seven days, allowing it to bounce back up to $0.0000130. Even now, its price is trying to breach the resistance, so far with little success. But, with BTC recovering, this might allow Pepe to finally do it and climb higher up.

Pepe Price Prediction

PEPE/USDT (Source: TradingView)

The coin’s Bollinger Bands remain wide, which is a bullish signal that will likely encourage buyers. Especially when coupled with the fact that its Relative Strength Index (RSI) value is also on the rise.

The RSI spent the day yesterday fluctuating between roughly 40 and the overbought zone’s value of 70. In the last few hours, the RSI dipped to 40 again and is now climbing back up, as a new wave of purchases started. Currently, Pepe’s price is close to a resistance at $0.0000130. However, the RSI closing on 70 suggests that it is unlikely the resistance will be broken at this time.

Promising Alternative To Pepe

With Pepe unlikely to soar much higher, investors are buying TOKEN6900 (T6900) — a new rival to popular meme coin SPX6900.

TOKEN6900 is an ERC-20 token powered by “nothing but vibes, delusion, and the collective hallucination of terminally online traders.” Its litepaper says that SPX6900 proved that a random number plus a ticker can reach a billion-dollar cap, so now TOKEN6900 aims to do the same and add one more token to its supply, thus declaring itself 1x better.

The project is a pure meme coin play with a clear lack of utility, and does not claim to have the next big tech innovation or cutting-edge AI. It also does not track GDP, corporate earnings or oil prices. Instead, TOKEN6900 aims to become the tradable ticker for the collective brain rot in the market.

Currently in presale, the token has introduced a hard cap of $5 million. The ICO has started with a starting price of $0.006400, and the token’s value will increase gradually as the presale moves through different phases, eventually ending with a price of $0.007125.

Its value now stands at $0.0066, leaving room for growth and giving investors time to purchase the token before its end price is reached.

Given the success of its spiritual predecessor, SPX6900, many experts have come to have high expectations of TOKEN6900. For example, crypto YouTuber ClayBro, who has over 136k subscribers, said recently that TOKEN6900 could see 30x gains.

So far, its ICO has raised over $585k, and if you wish to join others who bought early, purchase the token now before the next presale price hike in less than 2 days.

Visit the TOKEN6900 website.

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