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Missed the Pepe Coin Wave? Price Surges 13% off the Bottom – Discover How a New AI Crypto Signal Platform Aids in Identifying the Next Big Move
In April, the Pepe (PEPE) meme token was launched on the Ethereum network and quickly rallied, turning early adopters into instant crypto millionaires.
Since then, the price of Pepe has been on a downtrend, creating doubt and fear among investors and traders.
However, in the past few days, PEPE has managed a 13% surge and is quickly approaching the 50-day moving average, which also acts as a resistance level.
The recent lawsuit filed by the Securities and Exchange Commission (SEC) against Coinbase, Binance, and its CEO, Mr. Changpeng Zhao (CZ), significantly impacted the entire crypto market.
*sighs* $PEPE https://t.co/l0eeAZeP8k pic.twitter.com/zAexdYyml3
— Pepe (@pepecoineth) June 6, 2023
Following the legal action against these crypto exchanges, the prices of PEPE and several other memecoins experienced a sharp increase. Interestingly, amidst the market downturn, the price of PEPE has risen by 13% since.
Pepe (PEPE) Recent Surge in Value and Market Activity
At the time of writing, Pepe (PEPE) is trading at $0.000000916764 with a 24-hour trading volume of $85,738,175. The price has increased by 4.79% in the past 24 hours. The market cap of Pepe, with a circulating supply of 420 trillion PEPE, is $385,732,972, while the trading volume of Pepe in the last 24 hours is $85,738,175. This represents a 14.70% decrease compared to the previous day, indicating a recent decline in market activity.
Pepe experienced its peak price of $0.00000431 in May 2023, marking its highest value in the past month. However, the current price reflects a significant decrease of 78.63% from its all-time high.
In contrast, approximately two months ago, Pepe hit its lowest price of $0.000000055142 on April 18, 2023. Since then, the price has substantially increased by 1,569.17%, presenting a significant recovery from the all-time low.
PEPE Price Technical Analysis – A Positive Trend Move
The price of PEPE has declined after hitting a resistance level near the 50-day moving average that saw it fall to $0000008623. However, the bulls have taken charge by pushing the price up slightly. This means a lot for traders and investors, as the price might be moving to new levels should it break above the 50-day moving average.
On the flip side, should the resistance remain adamant, we should expect the price to fall to support levels of $0.0000008350. This should allow traders and investors to buy the dip.
Moreover, the relative strength index trades below the 50-level mark at 43, indicating that the price is still in a bear market. The fact that the price trades below the 200-day moving average confirms a bearish market.
Investors and traders now have the opportunity to participate in and invest in a new AI crypto signal platform (Ypredict). The platform will help identify the next big move for meme tokens like Pepe and create passive income from it.
Join the yPredict (YPRED) Train an Alternative for PEPE with Huge Potential
yPredict boasts a user-friendly interface and a system equipped with extensive research capabilities. One of yPredict’s key features is its predictive system, which leverages financial mathematics to provide market trend estimates and specific crypto data. The platform also leverages artificial intelligence tools for predictive trading, offering insights to anticipate market fluctuations.
This empowers users to make informed investment decisions and gain a competitive advantage. Thanks to its successful presale and advanced cryptocurrency analytics, the cryptocurrency has generated significant buzz in the market.
🚀 Embark on an extraordinary AI-powered journey with #YPredict! It’s not just a utility token, but a gateway to a world of groundbreaking products and possibilities. 🌐🔬
💡 Experience unparalleled marketing excellence with our industry-leading content editor, designed to… pic.twitter.com/heQoBiRmPS
— yPredict.ai (@yPredict_ai) June 12, 2023
yPredict (YPRED) has already raised over $2.3 million and is generating significant interest. With its market cap at listing estimated at $6.5 million and a substantial waiting list, YPRED is now positioned as the next cryptocurrency ready to explode. Additionally, as the presale progresses to its final stage, YPRED’s price, which is at $0.09 at the time of writing, will rise by 33.3% to $0.12 during its listing.
🔮 Unlock the power of predictive trading with https://t.co/O3DpDatBLj! 📈💰 Experience a new level of insight as AI-based tools empower traders to anticipate cryptocurrency fluctuations from minutes to weeks. Seamlessly construct custom models, test them in a simulated market,… pic.twitter.com/fhrn1Goe5E
— yPredict.ai (@yPredict_ai) June 7, 2023
The project’s whitepaper highlights the potential for passive income through staking YPRED, the native token of the network, offering up to 10% distribution for new subscribers.
With a focus on credibility and transparency, yPredict implements KYC verification and has undergone a thorough smart contract audit. You can buy YPRED now before its price increases from $0.09 to $0.1 in the next five days.
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