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The AMC Price Plunged 19% As Investors Flock To Pepe Unchained And Its 3,700% APY

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.

AMC price
AMC price

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The AMC price has dipped by 19% in the past 24 hours to trade for $0.00000007277 as of 01:55 a.m. EST.

Historically, market watchers have often associated the AMC price with the Gamestop price.

Darren, an options and equities trader, observes that the AMC price has displayed a giant Descending Broadening Wedge on the macro timeframe.

With this, he anticipates a big move once this pattern breaks. To some, the turnout is not a surprise, with the likes of The Weekly, a trader on X, alluding that he saw this coming. “…In short, if 86% of trading is happening off-exchange while someone is stuck in massive short positions, it’s a flashing siren. The stock is primed for a dramatic short squeeze, with hidden forces ready to unleash a torrent of volatility. Buckle up, the ride is about to get wild,” he wrote in a June 21 post.

AMC Price Prediction

The AMC price is trading with a bearish bias on the four-hour timeframe, suppressed below a descending trendline. With the $0.00000007295 level barely holding as a support floor, the AMC price could break below it to continue the downtrend.

Looking at the 4-hour Relative Strength Index (RSI), there is a lack of conviction among AMC bulls. The momentum indicator is southbound, suggesting dwindling buying pressure. In a similar tone, its position below the mean level of 50 also points to a bear-dominated market.

If the RSI continues to fall, signifying increased bearish sentiment, the AMC price could slip below the critical support at $0.00000007295. In a dire case, the downtrend could extend to test the $0.00000005000 psychological level.

AMC price

GeckoTerminal: AMC/USD 4-hour chart

On the other hand, the position of the Moving Average Convergence Divergence (MACD) above the signal line (orange band) suggests that the short-term moving average is above the long-term moving average, indicating a potential upward trend.

If the AMC bulls show resolve, they could recover the market, with the ensuing buying pressure setting the stage for an uptrend. Notably, only a stable close above $0.00000030275 would make AMC attractive to buy.

Meanwhile, as the AMC price works out its next directional bias, other investors are buying into the new meme coin presale Pepe Unchained (PEPU). YouTube channel 99Bitcoins says PEPU is one of the best cryptos to buy now and has the potential to soar 100X after its launch.

Promising Alternative To AMC

Pepe Unchained raised more than $150,000 within minutes of its launch and has since rocketed past $612K.

Pepe Unchained aims to follow in the footsteps of its predecessor, the original Pepe (PEPE). The frog-themed meme coin now stands as the third-biggest meme coin in the crypto market, boasting a market capitalization approaching $5 billion.

But it’s the first Pepe token to run on its own proprietary Ethereum Layer 2 blockchain. With this, the project is aimed at tackling the scalability, speed, and efficiency issues that often plague meme coins built on the Ethereum Layer-1 blockchain.

Being a Layer-2 (L2) blockchain meme coin, Pepe Unchained will allow investors to seize market opportunities with greater efficiency.

Specifically, you do not need to HODL(hold on for dear life) in anticipation of blistering returns. This is because there is a 3,614% annual percentage yield (APY) for staking PEPU tokens.

You can buy $PEPU tokens for $0.008032 each. With a price hike coming in just under 18 hours, buy soon to lock in the best deal.

PEPU

Visit and buy Pepe Unchained here.

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