Pepe Price Prediction: Plummets as Traders Pivot to BTC20 Token

Updated: 09 August 2023

Disclosure

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

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Pepe Coin’s trading volume surged by a whopping 125%, creating a buzz of excitement and activity in the market. People are also excited about BTC20. People closely monitor the project because they want it to grow ten times bigger.

Right now, you can get Pepe Coin for about $0.000001263. On the last day, lots of trading happened—more than 125%—and the total trading value was around $191 million. Also, the price of the coin went up by 13%.

PEPE Statistics:

PEPE Price – $0.000001263
PEPE Market cap – $495.020 Million
PEPE Circulating Supply – $ 391.790 Trillion PEPE
PEPE Total Supply – $ 420.690 Trillion PEPE
PEPE CoinMarketCap Ranking – 75

Pepe Price Prediction: Plummets as traders Pivot to BTC20 Token — Source: CoinMarketCap

Pepe Coin’s 4-Hour Chart: Potential Gains and Obstacles

Pepe’s 4-hour chart is like a story with twists! It’s climbing, but it could face a challenge at $0.000001590. If lots of people want it, the price might go up more. It’s essential to watch the support level at $0.000001250; if it goes lower, there could be significant losses. But if the support stays strong, there’s a chance it could go up.

Keep an eye on how Pepe’s price moves – it’s pretty interesting! Pay attention to certain levels like $0.000001400 and $0.000001590, where the price might stop going up, and also $0.000001250 and $0.000001180, where it might get support and stop going down.

In the future, there’s a chance the price might go up beyond this range, maybe even $0.000001470 or more. But this depends on what buyers do and if the price stays above the 20-day and 50-day moving averages.

Pepe’s relative strength index is around 50, which could mean the price will go up soon. But remember to be careful. Any gains could disappear fast if the price goes below those moving averages. You might want to use stop-loss orders to keep your profits safe and limit any possible losses.

BTC20: The New Bitcoin Staking Token Making Waves on Ethereum

A new kind of Bitcoin called BTC20 has recently appeared on Ethereum’s network. This version of Bitcoin, known as an ERC-20 token, is designed to let people “stake” their Bitcoin and earn rewards.

The project had a presale and was so popular that all the available tokens were quickly sold out. The exciting part is that the staking process is set to begin on August 9 at 3 pm UTC.

📅 Staking & Claiming Dates Confirmed💰

🚀 We're thrilled to announce the highly anticipated dates for #Staking and #Claiming your $BTC20 #Tokens!

🗓️ Staking will kick off on 9th August at 3pm UTC🕒

🗓️ Claiming goes live on 10th August at 3pm UTC 🕒

Mark your calendars and… pic.twitter.com/lM8tsdtmvF

— BTC20 (@BTC20Token) August 3, 2023

Here’s how it works: If you join this project, you can join a staking pool in the community. By doing this, you can earn more BTC20 tokens every 10 minutes – that’s about the time it takes to solve a puzzle in the world of Bitcoin.

What’s even more interesting is that whenever a new Bitcoin block is confirmed, they will give out 50 BTC20 tokens. This is a bit like how things used to happen with Bitcoin before.

Currently, around 14.9 million BTC20 tokens are locked up for staking rewards. Another 6.05 million tokens were sold to people during the presale, so there’s much interest.

The total supply of BTC20 tokens will be 21 million, just like the original Bitcoin. But here’s the twist: these tokens will only be available after 120 years of staking. It’s a unique way to create scarcity and long-term value.

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