Is It Too Late To Buy DIA? DIA Price Skyrockets 35% As This Pepe Upgrade Soars Towards $17 Million

The DIA price soared 35% in the last 24 hours to trade at $0.7263 as of 5.15 a.m. EST on trading volume that skyrocketed 179% to $107.3 million.

The price surge comes after several major developments seen last month. One was the launch of DIA Lumina, the first-ever rollup-enabled Oracle stack. This was followed by several partnerships, including those between DIA and Defolio, Termina, and Bitcoin Virtual Machine (BVM).

🏗️ Monthly Recap: September 2024

→ Launched DIA Lumina: the first-ever rollup-enabled oracle stack
→ Partnered with @defolio42, @Terminaxyz, and @BVMnetwork
→ Integrated our oracle stack with @Stacks
→ Attended @token2049 in Singapore

Here are the September highlights. 🧵 pic.twitter.com/Tu6nAk4Vog

— DIA | Cross-Chain Oracles for Web3 (@DIAdata_org) October 1, 2024

Apart from that, DIA also integrated its Oracle stack with stacks.btc. Finally, the project’s representatives attended TOKEN2049, the world’s largest crypto event that brought together the leading voices in the industry.

DIA Price Prediction

Despite its rejection from the resistance at $0.80, the DIA price managed to find a foothold relatively close to this barrier, fluctuating between $0.70 and $0.75, as mentioned earlier. However, the wider crypto market continues to see uncertainty, with many of the leading coins and tokens walking the line between bullish and bearish sentiment.

This temporary stability is likely to break soon, but it is also reflected in DIA. The project’s Bollinger bands have seen a slight narrowing over the last few hours, but its price is currently halfway between the bands, which suggests that DIA is also trying to stay neutral for the time being.

However, since it was previously trying to push the upper band, its movement to the middle ground between the two reflects a slightly bearish sentiment. At the very least, it shows that bulls have withdrawn for the time being.

Similar signals are coming from the project’s Relative Strength Index (RSI) value, which dropped from the overbought zone to the neutral area several hours ago and has since been fluctuating between the values of 50 and 60. While this puts it in the more positive part of the neutral zone, this neutrality never lasts for long with cryptocurrencies, and it is only a matter of time before the trading activity picks up again.

In other words, what happens next will largely depend on what the traders do. A positive catalyst would encourage buyers to make a move first, which would help pump the price, while a negative catalyst would lead to a price drop.

With the largest and most dominant coins like BTC currently at the crossroads themselves, it is difficult to predict what a small-cap altcoin like DIA might do next, meaning that traders should keep an eye on the project but remain cautious and prepared for the negative development.

Promising Alternative To DIA

Traders seeking new opportunities might want to take a look at Pepe Unchained (PEPU), the newest alternative to the original Pepe (PEPE) meme coin that has gone parabolic in its presale.

While there are plenty of Pepe-inspired cryptos, this one stands apart from the others by being the first and currently only one to have its own blockchain.

Even the original Pepe is an Ethereum-based meme coin, although it is worth noting that this does not work in its favor. Being an ERC-20 token means that it is limited by the same boundaries that hold ETH back.

Issues like expensive transaction fees, slow transfers, and the lack of scalability are keeping PEPE from being more efficient as a cryptocurrency.

Pepe Unchained recognized this, and it developed its own Layer-2 blockchain that allowed it to become faster, cheaper, and more scalable, which is why many view it as a superior version of Pepe.

Pepe Unchained L2 Sneak Peek!

What we're building is not just a new chain, but an entire ecosystem.

🐸Pepe Unchained L2
🐸Block Explorer
🐸DEX
🐸Bridge
🐸Advanced Analytics
🐸Builder Grants

Pepe Unchained is coming. And it's going to shake up the crypto space. pic.twitter.com/ZVnvgO6MGF

— Pepe Unchained (@pepe_unchained) September 26, 2024

Many have speculated whether the project could overtake the original token once it goes live. YouTuber ClayBro, who has over 130k subscribers, says PEPU could explode after launch.

PEPU has already raised more than $16.7 million, making it easily one of the most successful meme coin presales of the year.

Its token costs less than a cent right now and is currently selling for $0.0099 and can be bought with ETH, USDT, BNB, or credit/debit cards.

Its next price increase is in less than 2 days so buy before then for the best deal.

Visit the PEPU website here.

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