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The Pepe price surged 10% in the last 24 hours to trade at $0.00001276 as of 4 a.m. EST on trading volume that went up 18% to $1.1 billion.
The PEPE price skyrocketed as the meme coin market started trading in the green again in the last 24 hours. But, while other high-ranking meme coins like Dogecoin, Shiba Inu, and FLOKI each rose by 3%, the PEPE price surged.
Apart from being a fairly popular meme coin, PEPE may have also seen an increase in activity and interest due to its new program involving Binance. The two have teamed up to provide rewards to users who send any amount of crypto to friends and family using Binance Pay.
Even sending $0.01 can qualify the users for the program, and they stand to win 100M PEPE for engaging with the service.
Send crypto to earn crypto with #Binance Pay 🫡
Stand to win 100M $PEPE by sending $0.01 in crypto to friends and family!
Find out more 👉🏻 https://t.co/q4TMSXWofV pic.twitter.com/ibTHmNXoCP
— Binance (@binance) June 15, 2024
However, only those who have never transferred crypto via Binance Pay before can qualify for the campaign, as this is Binance’s attempt to boost its active user count. Still, it represents a great opportunity, and being the world’s largest crypto exchange, Binance offers a rich ecosystem with plenty of opportunities.
Pepe Price Prediction
The Pepe price has skyrocketed in the past few days and even more so over the last 24 hours. While it has seen a slight correction after encountering a resistance at $0.0000130, there are signs that the token is likely to surge again and potentially breach this obstacle in hours or maybe days to come.
The token’s Bollinger bands have recently seen a noticeable widening, which is a bullish signal. While the price is currently halfway between the upper and lower band, it stepping away from the lower one over the last few hours is also a positive development.
Meanwhile, the project’s Relative Strength Index (RSI) value has also started going up after dropping from the overbought zone to the oversold area earlier today.
After nearly hitting the value of 30, signaling that traders were massively selling the token following its surge to $0.0000130, the RSI went back up, currently at the neutral area of 50.91.
Moving forward, the token could either find stability or continue to increase, if the traders remain bullish for a while longer. However, with the resistance at $0.0000130 close by, many might decide to sell again once the price approaches this barrier.
In the end, it all depends on the strength of the market overall and the sentiment in hours and days to come.
But, with the meme coin just switching back to the bullish mode, it is not a stretch to assume that the price could retest the resistance, and potentially breach it, especially since the RSI shows that there is plenty of room for growth.
Promising Alternatives to Pepe
While all the signs seem to be pointing to Pepe seeing an even greater increase in the short term, those who do not wish to take a risk can consider the most promising Pepe alternative right now: Pepe Unchained (PEPU).
Pepe Unchained is a brand-new Pepe-based meme coin that stands out by being the first Pepe token to run on its own blockchain. The project has developed a Layer 2 chain on top of Ethereum’s network, enjoying much greater scalability and speed at much lower prices.
In doing so, it was unchained from the limitations that Pepe and other similar cryptos are experiencing.
SmasheD another set of chains! Pepe's blockchain is on fire ⛓️🔥
🎉 $700K raised – incredible! 🎉 pic.twitter.com/SFBxBG2eXK
— Pepe Unchained (@pepe_unchained) June 25, 2024
The project started its presale only days ago, but it already saw massive interest, raising over $820k during this time.
Pepe Unchained has already attracted the attention of crypto experts, with leading crypto YouTuber Jacob Crypto Bury, with over 41k subscribers, speculating that it could be the next 10x meme coin.
PEPU tokens sell for only $0.0080641. Interested investors should not wait too long to join the ICO because the project is scheduled to see a price increase in less than two days.
Buy PEPU tokens on the official website here.
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