Price Prediction for PEPE Coin: $0.0000011 Rally Due to Rising Demand

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PEPE price is expected to increase for a bull cycle if the reversal from $0.00000078 bearish occurs.
The Pepe coin price gave a decisive breakdown on September 1st from the August 25th low of $0.00000078, signaling the continuation of the downtrend. Due to their lack of conviction, the sellers could not provide a suitable follow-up. This demonstrates that the prior fall could have been a bear trap that boosted market buying after memecoin soared above the support mentioned above.

It is possible to set the PEPE price at 35% if it breaks above $0.00000083. As memecoin trades ebb and flow, supply pressure may favor memecoin trades at the resistance point of the channel pattern.

In the last 24 hours, the Pepe coin has generated $51 Million in trading volume, which indicates a gain of 35%.

With the formation of the Morning Star candle on September 1st, the daily chart reflected an immediate bullish reversal following the fake breakdown of $0.00000078 on September 1st. Bitcoin, the most prominent cryptocurrency, experienced demand pressure at $25000, potentially causing this minor recovery.

PEPE’s price has increased by 5% in the last three days and is currently trading at $0.00000082. A short-term relief rally to $0.00000011 is possible following this reversal, representing an increase of 34%.

The coin price, however, faces dual resistance from the September 1st high of $0.00000083 and a downward trending resistance line. An upward breakout of these barriers will better confirm a bullish upward trend.

This is what PEPE Coin needs before it can sustain a rally

The bullish upswing for Pepe coin appears valid, and it might make a recovery back to the $0.0000011 mark, but the daily chart shows resistance from the channel pattern. The chart setup has carried a recovery rally for the past two months, offering constant resistance during bullish moves. Therefore, coinholders must watch this barrier closely for potential reversal signs.

When the daily stochastic lines, K% and D%, wave around the oversold region, more buyers should be attracted to purchase at a discounted price.

Coin price trading below the 20-day EMA slope indicates the persistence of an aggressive downtrend.

PEPE Alternative – Wall Street Memes

The tier-1 listing of Wall Street Memes is just 19 days away, so purchasing the token for $0.0337 is still possible.

As a result of strong fundamentals and positive news surrounding the project, analysts predicted the price would increase rapidly following its official debut on major exchanges.

WSM’s high-demand presale is about to end

Wall Street Memes has been exceptionally successful in its fundraising efforts, clearly demonstrating support from the crypto community. The presale has raised around $28 million, and the project will have approximately 1.4 to 1.5 billion tokens in circulation.

It is anticipated that Wall Street Memes tokens will be listed on at least one tier-1 exchange before the launch, so investors are eagerly awaiting their listing.

With this anticipation, new investors will flood into the market in the near future, increasing demand for WSM tokens. As a result of these developments, we’ve identified some of the best crypto ICOs worth investing in.

Just a casual loan of $1 billion, no biggie pic.twitter.com/UJ1KqlJsZr

— Wall Street Memes (@wallstmemes) September 6, 2023

Staking opportunities are available on Wall Street Memes for those interested. 288 million tokens are currently staked, with a 69% annual percentage yield (APY). As a result of this stake option, the project has gained significant interest, and many people believe it will be successful in the future.

A mechanism like this is strategically designed to incentivize and promote long-term engagement with the project, effectively reducing the risk of sudden and disruptive price crashes during launch.

Exchanges at tier-1 and beyond

Participants in the Wall Street Memes presale have no difficulty participating. The Wall Street Memes token can be purchased using Ethereum, USDT, credit cards, or BNB. Crypto wallets like Metamask are widely used and should be used by all users.

Using the Metamask wallet requires downloading it from the App Store or Google Play, transferring your chosen cryptocurrency, and registering for the presale. We have provided a comprehensive guide here that will provide additional details related to acquiring $WSM.

In the lead-up to launch, the project strategically allocates its resources. Marketing efforts are allocated 50% to capture the deserved attention.

Further, 30% of the funds are allocated to community rewards to enhance user engagement, and the remaining 20% supports liquidity on centralized and decentralized exchanges and funds media streaming initiatives.

Influential YouTubers are actively promoting Wall Street Memes and the opportunities it offers. Several prominent crypto community members have endorsed the initiative, intensifying enthusiasm and anticipation.

Before listing on a tier-1 exchange, the project aims to reach a $1 billion market capitalization. As the project gains more visibility, its price may increase. With a clear roadmap to reach these goals, investors are attracted to the project.

Wall Street Memes are offering a $10,000 airdrop to sweeten the deal. You can participate by following Wall Street Memes on social media and visiting its website. Participants are more likely to win if they accumulate more entries.

Follow Wall Street Memes on social media and visit the project’s website to participate. A person’s chances of winning increase as more entries are accumulated. Refer to our guide here for valuable insights into the top memecoins to consider.

Newest Meme Coin ICO - Wall Street Pepe

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