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Pepe Coin (PEPE) has seen a meteoric rise of over 88% in the past seven days, following the burning of 6.9 trillion tokens. The recent Pepe Coin rally has occurred at the same time as Bitcoin’s price has risen above $35,000.
$PEPE’s strategic decision to burn tokens at the beginning of the week played a major role in its price increase. Pepe Coin’s Twitter account has announced that a new team of advisors has been brought on to guide the project forward.
These advisors are now developing a plan for the remaining 3.79 trillion tokens, which will be used for marketing and strategic initiatives.
PEPE Price Prediction
Pepe Coin is currently trading at $0.0000012, with a 24-hour trading volume of $320.97 million and a market capitalization of $507.89 million. Over the last 24 hours, the $PEPE price has increased by 0.36%. Data from Pepe’s website shows that the coin now has over 143,000 unique wallet holders.
Pepe Coin finally broke through the 50-day EMA on the daily chart on Monday, after struggling to do so for some time. This sparked a rally that sent $PEPE’s price to $0.0000013 earlier today, its highest level since mid-August. Buy $PEPE on OKX here.
The Relative Strength Index (RSI) currently stands at 75.94, indicating elevated buying pressure. However, it’s worth noting that there is a potential risk of Pepe Coin entering an overbought condition.
Nevertheless, if market conditions continue to be favorable, there is a growing belief that $PEPE could target the next significant resistance level around $0.0000016.
For a comprehensive Pepe Coin price prediction, view the video above and subscribe to his YouTube channel for additional crypto-related content. Jacob Crypto Bury also manages a Discord channel with 17,000 members, providing trading insights and information on upcoming crypto presales.
Experts Predict New Meme Coin ‘Meme Kombat’ Could Follow Pepe Coin
The meme coin market remains strong this week, and Pepe Coin is also experiencing a significant price surge. The enthusiasm of traders in search of the next promising investment opportunity has fostered a favorable environment for emerging meme coins like Meme Kombat (MK).
Meme Kombat is currently garnering substantial interest during its presale, having already raised over $760K in funding within just one month. Meme Kombat is a fresh token that merges a meme coin’s remarkable growth potential with a stake-to-earn feature.
It also integrates AI and blockchain technology to establish a battle arena where users can engage in wagers. Within this arena, users can not only earn token rewards but also look forward to other prizes in player vs. player (PvP) and player vs. game (PvG) modes, where meme tokens battle against each other.
This Battle Arena operates with the reliability and fairness of blockchain technology and AI, ensuring immutable, secure, and transparent results. Players can participate in betting on outcomes and side bets during battles.
Just passed $750k…🏎
3/4 of the way there! pic.twitter.com/Z5zZwTzpQv
— Meme Kombat (@Meme_Kombat) October 26, 2023
The Meme Kombat roadmap reveals plans for a seasonal approach to the gaming aspect, introducing new battle types, rewards, game modes, and other expansions for the Battle Arena.
The ongoing presale offers participants the opportunity to earn an APY of 112% on their $MK tokens purchased during this phase, with tokens priced at $0.1667 throughout the presale. With 60 million tokens available, which constitutes 50% of the total supply of 12 million, the hard cap is set at $10 million.
Another 30% of the supply is designated for staking and battle rewards, while 10% is allocated for DEX liquidity. The remaining 10% is reserved for community rewards, which may encompass incentives for engagement, such as content creation, referrals, long-term loyalty, or collaborative growth.
Meme Kombat, developed by a transparent and visible team, is rapidly gaining recognition as one of the most talked-about crypto presales today.
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