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PEPE price has pumped 70% in two days and the meme coin is up 28% over the last 24 hours to reach $0.0000012270, eating a zero in the process as it reached levels last seen in mid-August.
The crypto has rallied approximately 89% over the last seven days, and its live market capitalization currently stands at $481.75M.
Popular YouTuber Mathew Perry shared his insights on PEPE’s potential in a recent video with his over 200,000 subscribers. Perry said PEPE’s massive token burn and increased marketing efforts were catalysts for future growth
“They burned 6.9 trillion coins. They have a massive burn that happened recently,” said Perry on the recent burn of almost $6 million worth of tokens.
PEPE Price Reaches the Target of a Bullish Technical Pattern
At the time of writing, PEPE was trading at $0.000001227 and was seeking to tag the $0.0000013 psychological level. If this happens, bulls will be bolstered to push the price first toward $0.0000014 and later to revisit the $0.0000014572 range high. Such a move would represent a 20% increase from the current price.
PEPE/USD Four-hour Chart
This positive outlook was supported by the upward movement of the Relative Strength Index (RSI) and the price strength at 81 suggested that the uptrend was strong.
In addition, the price sat on strong support, particularly the moving averages lying between $0.0000007336 and $0.00000080. This demand zone was robust enough to absorb any selling pressure threatening to pull the PEPE price lower.
PEPE Alternatives
TG.Casino ($TGC) is set to grab the leadership of the GambleFi sector thanks to its unique crypto casino business model that includes buyback and staking mechanisms to share revenue and profits with its token holders.
The $TGC token began its presale priced at $0.125 and has advanced one rung on its price ladder so far, to $0.1375. More than $1.48 million has already been raised in the presale.
The next presale milestone goal is $2.5 million, and 57% of that target has been achieved. Because of the intermittent nature of the price ladder, it encourages prospective buyers to expedite their decision-making, explaining why the run rate has accelerated of late.
Not only does the project have its casino live, but it also provides a way for presale buyers to earn a yield. So, while waiting for the token to launch, holders can earn a staking yield that is currently earning 362% annual percentage yield.
Crypto influencer cheatcoiner.eth told his nearly 30,000 followers that he’s invested and played: “Saw some big names talking about @TGCasino – and I had to try it,”
Saw some big names talking about @TGCasino_ and I had to try it
Sorry babe, gonna be busy playing some slots tonight pic.twitter.com/oepmF2cfJZ
— cheatcoiner.eth (@cheatcoiner) October 17, 2023
Visit TG Casino here to buy your TGC tokens before the price increases.
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