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The Pepe price pumped 6% in the last 24 hours to trade at $0.00001116 as of 3:20 a.m. EST on trading volume that soared 66% to $750.38 million.
The PEPE price soared over the last two days, being among the first to recognize the start of a new rally that has started. At the time of writing, most cryptos are trading in the green, trying to recover the losses from the past eight or nine days.
Pepe Price Prediction
Pepe’s price started soaring on Aug. 6, roughly two days ago, after it dropped to $0.0000100. Over the next two days, the token reached several major resistances, including $0.0000105 and $0.0000110. While both stood in its way and kept it from growing for a time, PEPE managed to push its way through these barriers and right now, it is going even higher.
Its increase is not extremely sharp, reducing the risk of a strong decline, but PEPE is still increasing considerably, and is currently at its highest point in a week.
PEPE/USDT chart analysis (Source: TradingView)
The token’s Relative Strength Index (RSI), however, suggests a potential correction coming in the near future. Over the last two days, Pepe’s RSI has almost exclusively fluctuated between the neutral value of 50 and the overbought zone.
Right now, it is deep in the overbought territory, at the value of 76.55, which could mean that traders are ready to take profits. As a result, the token’s price could see a correction, at least until the RSI drops to 50 once again. But, if the rally remains strong, the correction could end sooner, and the price could go back up.
Promising Alternative To Pepe
While Pepe is showing promising performance, investors are also buying TOKEN6900 (T6900).
It’s a new meme coin, currently still in the middle of its presale. It praises and glorifies the number 69, which has been a popular number with meme coin investors. The project is also inspired by SPX6900, which is now both an inspiration and a rival to the new project.
TOKEN6900 launched its ICO with a hard cap of $5 million. Meanwhile, its token started out with a price of $0.006400, back when the presale was still in the first stage. Right now, its value sits at $0.006875, and the ICO is set to end when the token hits the price of $0.007125. In other words, the ICO is about halfway through right now, so there is still some time to invest early.
But, since its price will continue to rise, interested investors would benefit from joining sooner, rather than later. They should also know that TOKEN6900 proudly claims that it has no utilities nor plans for the future. Instead, it is a meme coin in the full sense of the word, simply here for fun.
It does not track GDP, oil reserves or corporate earnings. TOKEN6900 also makes no claims of having the next AI or tech breakthrough. Instead, the project rides what it calls “vibe liquidity,” while also aiming to become a tradable ticker for the collective brain rot in the market.
Still, that did not discourage investors who poured over $1.7 million into the presale. ClayBro, a crypto YouTuber with over 136k subscribers, also said that the project could possibly be the next 10x coin.
If you wish to join others who invested in TOKEN6900 early, now is the best time to do it, before the next presale price hike in about 16 hours.
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