{"id":494362,"date":"2024-03-25T16:42:14","date_gmt":"2024-03-25T16:42:14","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=494362"},"modified":"2024-03-25T16:42:14","modified_gmt":"2024-03-25T16:42:14","slug":"pepe-price-prediction-pepe-pumps-520-in-a-month-but-traders-shift-to-this-2-0-meme-coin-rival-with-a-100x-track-record","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/pepe-price-prediction-pepe-pumps-520-in-a-month-but-traders-shift-to-this-2-0-meme-coin-rival-with-a-100x-track-record","title":{"rendered":"Pepe Price Prediction: PEPE Pumps 520% In A Month, But Traders Shift To This 2.0 Meme Coin Rival With A 100X Track Record"},"content":{"rendered":"

The Pepe price has surged 8.4% in the past 24 hours and 520% in the past month <\/span>to trade at $0.000007462<\/span><\/a> as of 7:20 p.m. EST on a 56% surge in trading volume to $805 million.<\/span><\/p>\n

Pepe Price Consolidates Into A Bullish Pennant<\/span><\/h2>\n

\"Pepe<\/p>\n

PEPEUSDT Analysis by Tradingview<\/span><\/p>\n

The Pepe price is still trading below its all-time high within the bullish pennant pattern, following a sharp surge above the prolonged consolidation channel. The pennant indicates a bullish trend continuation for the Pepe price.<\/span><\/p>\n

However, the Pepe price is currently on an uptrend within the pennant as the price indicates a rebound on the lower trendline of the pennant. <\/span><\/p>\n

The price has also slightly breached the 50 and 200 simple moving averages (SMAs) as the bulls try to initiate a bull rally.<\/span><\/p>\n

The relative strength index (RSI) signals a reversal on the 50 midline level to 59. Increased momentum should see the RSI return to the overbought level, indicating intense buying pressure. <\/span><\/p>\n

Pepe Price Bullish Pennant Signals A Rebound<\/span><\/h2>\n

The presence of the bullish pennant indicates that the upward trend is likely to continue, potentially leading to another surge in the price. The price bouncing back from the lower trendline of the pennant could help the bulls break through the resistance level at the all-time high of $0.00001086, aiming for a new record high at $0.00001525.<\/span><\/p>\n

If the bears take control, the price could dip below the 50 SMA, pushing it back towards the lower boundary of the pennant at $0.00000661. Falling below this point might cause the bulls to pull back towards the $0.00000389 support zone.<\/span><\/p>\n

A Promising Alternative For 100X Returns<\/span><\/h2>\n

As Pepe’s price bulls rev up for another rally, traders are rush to <\/span>the Sponge V2<\/span> meme coin, eyeing the potential for massive returns. This token aims to surpass its predecessor, SpongeV1, which skyrocketed by 100X after launch last year during a bear market.<\/span><\/p>\n

SpongeV2 <\/span><\/a>is set to continue the legacy of SPONGE, building upon its past success with new and improved features.<\/span><\/p>\n

The excitement among investors is palpable as SpongeV2 prepares to unveil its highly anticipated play-to-earn racing game, available in both paid and free versions. <\/span><\/p>\n

This game promises even more fun and engagement, with players vying for top spots on global leaderboards and earning rewards in SpongeV2 tokens.<\/span><\/p>\n

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Don't forget, #SPONGERS<\/a>! 🧽💦#SpongeV2<\/a> is bringing exciting utility through our upcoming #P2E<\/a> game! 🔥 <\/p>\n

Get ready to earn $SPONGE<\/a> tokens by playing the game and ranking on the leaderboard.<\/p>\n

Stay tuned for more info! 🚀#MemeCoin<\/a> #Crypto<\/a> #Alts<\/a> #100x<\/a> pic.twitter.com\/5aaLxGz8N1<\/a><\/p>\n

— $SPONGE (@spongeoneth) March 22, 2024<\/a><\/p><\/blockquote>\n