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The Sunpepe price skyrocketed 51% in the last 24 hours to trade at $0.004286 as of 3.00 a.m. EST on trading volume that soared 148% to $20.6 million.
Sunpepe is one of the newest Pepe alternatives to hit the market, being around for less than a full week. Since entering the market, it has skyrocketed over 2,385%.
The project saw a strong start, hitting over 2,000 holders in only 3 days. It also managed to secure listings on several major CEXes very early on, including BitMart and Poloniex. Sunpepe has announced that it would soon see listings on HTX, MEXC, KuCoin, and more as well.
coming! HTX & MEXC & KUCOIN & MORE……. https://t.co/twiV0FsPDl
— SunPepe (@SUNPEPE_TRX) August 20, 2024
With Sunpepe running on the Tron blockchain, it is only to be expected that the token will blow up if the rest of the ecosystem starts doing well.
Meanwhile, Tron recently came out with a meme coin strategy that will essentially see it double down on the sector, especially after witnessing how successful it has been throughout 2024 on chains like Ethereum, Solana, and Base.
Sunpepe Price Prediction
After seeing an initial surge, the SUNPEPE price hit major resistance at $0.0060, which caused a sharp correction. The token then made another recovery, but it never returned all the way up to its previous levels. Instead, it encountered resistances lower and lower, eventually bringing it to the $0.0040 threshold.
Even so, the token’s price may rise according to technical indicators. Bollinger Bands, for example, remain quite far apart, which is a bullish signal and suggests that the price could go higher up.
The Relative Strength Index (RSI) value shows how much a token is being purchased or sold, and for Sunpepe, the metric shows that there is a certain balance between the two. But, such balance rarely lasts, and so it is likely that the price will see a surge or a drop in the near future.
With the widened Bollinger Bands, there is a greater chance of a price recovery, but its actual performance has yet to be seen.
Promising Alternatives To Sunpepe
While Sunpepe saw an excellent performance in its first week, the token started struggling in the last 24 hours, and with each new resistance that it hits, it struggles more and more. It is likely that it will soon find its limit and after that, traders will likely take profit, causing a stronger correction to occur.
This is why opportunity seekers should consider a different cryptocurrency, and for those who are fans of Pepe-inspired cryptos, there is an upcoming coin that should be right up their alley. Known as Pepe Unchained (PEPU), this is a new version of Pepe that managed to free itself from Ethereum’s limitations.
Despite its upgrades over the years, Ethereum is still sluggish and expensive compared to modern blockchains, and that holds back Pepe as much as it does ETH. Pepe Unchained, however, is the first Pepe meme coin to have its own blockchain — a layer-2 chain developed on Ethereum’s network. As such, it is free from the binds that hold back the original PEPE and other Pepe-based tokens.
Pepe is preparing to launch his own Layer 2 blockchain solution soon:
🧠 Instant bridging between ETH and Pepe Chain
🧠 Lowest transaction fees
🧠 100x faster transaction speeds compared to ETH
🧠 Dedicated Block ExplorerGet ready to join the future with Pepe Unchained! ⛓️🐸 pic.twitter.com/9gxNnddMyq
— Pepe Unchained (@pepe_unchained) July 18, 2024
Best of all, PEPU is still in presale, meaning that it is fast, cheap, scalable, and available at an extremely low price if you act quickly. Its ICO attracted a lot of attention, allowing it to raise over $10.6 million and become one of the biggest presales of the year. Meanwhile, its PEPU token sells for only $0.0093105. However, the tokens is scheduled to see its next price increase tomorrow, so buying it before that happens can ensure that you get it at a more favorable price.
PEPU is available in exchange for ETH, BNB, USDT, or fiat currencies by way of credit and debit cards. It has also attracted numerous whales, and even major crypto experts, such as YouTuber ClayBro, who has over 130k subscribers, and called it a “must-have meme coin.”
Visit PEPU’s official website.
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