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The Pepe price is up 77% in the past seven days to trade for $0.00001683 as of 02:53 a.m. EST.
In the past 24 hours, the Pepe price is up 13% on trading volume that surged 47%. It comes amid growing hype as the frog-themed token made three successive peaks, each clearing the previous one.
$PEPE made a new ATH 3 times while I was sleeping and it looks like it's just getting started. pic.twitter.com/RbB4o5Z1S3
— Plazma (@Plazma0x) May 27, 2024
Amid the surge, some say PEPE is on course to flip Shiba Inu (SHIB) as the second largest meme coin on market capitalization metrics.
There is absolutely nothing that can stop $PEPE from flipping $shib and $doge.
It’s inevitable.
Live with it. pic.twitter.com/8W9qeH6lhN
— Z𝐀Z𝐀 (@Zaza0x) May 27, 2024
For now, however, the immediate target is Polygon (MATIC). If PEPE dethrones MATIC to become the 18th cryptocurrency by market cap, it would become the second token on the Ethereum blockchain. It would also become the second meme coin on ETH chain after Shiba Inu.
$PEPE is about to flip Polgon $Matic and become the #2 token on $ETH.
This will make the top 2 tokens on $ETH meme tokens, utility bros in disbelief. pic.twitter.com/WybrxfBRkY— Plazma (@Plazma0x) May 27, 2024
The surge in the Pepe price is majorly attributed to the landmark approval of the Ethereum spot ETFs (exchange-traded funds) on May 23. The approval signifies increased mainstream acceptance and legitimacy of Ethereum as a blockchain platform. This can result in greater adoption of Ethereum-based projects and subsequently boost the value of associated altcoins.
The approval also generated positive sentiment across the cryptocurrency market. It has led to increased investor confidence and higher demand for altcoins running on the Ethereum blockchain.
Pepe Price Prediction
The Pepe price is trading with a bullish bias, consolidating within an ascending parallel channel. The frog-themed token looks primed for a breakout as it confronts resistance due to the upper boundary of the channel.
Based on the outlook of the Relative Strength Index (RSI), momentum is rising as the indicator records higher lows. This streak of higher lows has sustained since mid-April. If the RSI records a higher high above current levels, the Pepe price could record new all-time highs.
The Moving Average Convergence Divergence (MACD) is also above the orange band of its signal line. This bullish signal indicates strength in the current uptrend and potentially favorable conditions for further price appreciation.
Enhanced buyer momentum above current levels could see the Pepe price flip the $0.00001707 threshold into a support floor. A strong move above this level could send the Pepe price to the $0.00002018 target or in a highly bullish case, extend to $0.00002210, based on the Fibonacci indicator.
TradingView: PEPE/USDT 1-day chart
On the other hand, if profit-taking sets in and the Pepe price corrects, it could retrace to the 78.6% Fibonacci level of $0.00001426. An extended fall could send the Ethereum-based meme coin to the most critical Fibonacci retracement level of 61.8% at $0.00001205.
In a dire case, where the Pepe price slips below the 50% Fibonacci placeholder of $0.00001050, the bullish thesis would be invalidated.
Elsewhere, investors are already pivoting to WAI, a new canine-themed meme coin competitor for parabolic gains as experts such as Crypto Boy anticipate 100X potential.
Promising Alternative To PEPE
WAI is the token that powers the WienerAI ecosystem, a lovable, hilarious, and undeniably unique creation. It has captured the imagination of meme enthusiasts worldwide.
Don't be left out in the cold.
GET IT WHILE IT'S HOT
🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥 pic.twitter.com/I69IUJanLC
— WienerAI (@WienerDogAI) May 8, 2024
The project is committed to becoming the best and most powerful AI companion ever. Nothing will be able to put it on a leash.
Don't keep your dog on a leash.
LET IT FLY 🚀 pic.twitter.com/ofLP1CxPxT
— WienerAI (@WienerDogAI) April 28, 2024
WienerAI has amassed a dedicated followership, particularly among meme lovers, AI enthusiasts, and crypto investors alike. Social media platforms are abuzz with excitement as users share memes, engage in lively debates, and speculate on the project’s potential.
WienerAI operates as an ERC-20 token on the Ethereum blockchain, offering users seamless compatibility with a wide range of decentralized applications and exchanges.
The project is not limited to the buying and selling of WAI tokens. Rather, it goes beyond, promoting a movement that celebrates creativity, innovation, and the boundless possibilities of technology.
Investors seem to have completely embraced the ethos of the project, as it steadily continues to bring together a collective of people who believe in the innovation and value addition that is AI. The technology could be used for good, bringing hope for a future where humans can coexist peacefully with AI, unlike several recent depictions of it as evil, such as in the Worldcoin saga.
REASONS 1-10:
AI TRADING BOT. WIENER DOGS.
That is all.
🌭🤖🌭🤖🌭🤖🌭🤖🌭🤖🌭🤖🌭🤖🌭🤖🌭🤖 pic.twitter.com/DcnEkAZFbQ
— WienerAI (@WienerDogAI) May 21, 2024
Buy WienerAI In The Presale
WienerAI is in the presale stage, which has been met with overwhelming success. Presale sales have gone past $3.097 million, which is not a mean feat. It points to the project’s widespread appeal and the confidence investors have in its potential.
3 Million raised!
As holder count grows, so does the anticipation for launch and the AI trading bot release!!
🤖🌭🤖🌭🤖🌭🤖🌭🤖🌭🤖🌭🤖🌭🤖🌭🤖🌭🤖🌭 pic.twitter.com/Y19TEbKwjc
— WienerAI (@WienerDogAI) May 26, 2024
The token is currently selling for only $0.000711, but this will last only for just under 48 hours before another price hike. WAI token holders can also stake their holdings for lucrative rewards, with Annual Percentage Yields (APY) as high as 328%, with over 3.1 billion WAI tokens already staked.
How staking your $WAI feels.https://t.co/g0LrikQz90 pic.twitter.com/3VneRo9wTq
— WienerAI (@WienerDogAI) May 9, 2024
If you are looking to park funds into a project that not only offers a future but is also on the right trajectory for some serious gains, consider diversifying your portfolio with WAI.
Act now and buy $WAI tokens on the official website for a discount to participate in the presale before the incoming price hike.
Also Read:
- How to Buy WienerAI – $WAI Presale Review
- WienerAI Price Prediction – $WAI Price Potential in 2024 and Beyond
- Best AI Crypto Coin Projects: Top Picks for 2023
- New AI Meme Coin Presale WienerAI Unveils Trading Bot AI Companion, Laps Up $700K
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