{"id":543440,"date":"2024-07-05T10:05:27","date_gmt":"2024-07-05T10:05:27","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=543440"},"modified":"2024-07-05T10:05:27","modified_gmt":"2024-07-05T10:05:27","slug":"pepe-price-prediction-pepe-plunges-14-as-this-new-pepe-2-0-ico-goes-parabolic-in-presale-as-intrepid-traders-buy-the-dip","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/pepe-price-prediction-pepe-plunges-14-as-this-new-pepe-2-0-ico-goes-parabolic-in-presale-as-intrepid-traders-buy-the-dip","title":{"rendered":"Pepe Price Prediction: PEPE Plunges 14% In Crypto Crash As Experts Say Buy The Dip With Sheltered ICOs Like This Pepe 2.0"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The Pepe price plunged 14% in the last 24 hours <\/span><a href=\"https:\/\/www.geckoterminal.com\/eth\/pools\/0xa43fe16908251ee70ef74718545e4fe6c5ccec9f\"><span style=\"font-weight: 400;\">to trade at $0.000008028<\/span><\/a><span style=\"font-weight: 400;\"> as of 03:35 a.m. EST on trading volume that skyrocketed 42% to $1.3 million.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The token has shed 34% in the last week, making it the biggest loser among the top three meme titans. DOGE and SHIB have both plunged 22% in the same time amid a brutal crypto crash triggered by Bitcoin&rsquo;s 11% plunge in the last seven days.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Bitcoin price plummeted to a four-month low on Friday as signs of an impending distribution by defunct crypto exchange Mt. Gox ramped up selling pressure on the token.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">3\/ Mt. Gox Repayments &#128176;<\/p>\n<p>One possible impact is the upcoming distribution of Bitcoin from Mt. Gox, the defund exchange that lost a massive amount of crypto in a 2014 hack. This long-awaited distribution will see over $9.4 billion worth of Bitcoin returned to approximately&hellip;<\/p>\n<p>&mdash; Blockchain.com (@blockchain) <a href=\"https:\/\/twitter.com\/blockchain\/status\/1808901737253654555?ref_src=twsrc%5Etfw\">July 4, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">Additionally, the German government has been moving more than $75 million of crypto confiscated from a piracy website into exchanges, triggering market-wide concerns over the risk of a mass selloff.<\/span><\/p>\n<h2><strong>Pepe Price On A Bearish Trend Within A Falling Channel Pattern<\/strong><\/h2>\n<figure id=\"attachment_543473\" aria-describedby=\"caption-attachment-543473\" style=\"width: 1113px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-543473\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/07\/PEPE_2024-07-05_10-35-14.png\" alt=\"PEPEUSD Chart Analysis Source: GeckoTerminal.com\" width=\"1113\" height=\"488\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/07\/PEPE_2024-07-05_10-35-14.png 1113w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/07\/PEPE_2024-07-05_10-35-14-300x132.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/07\/PEPE_2024-07-05_10-35-14-1024x449.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/07\/PEPE_2024-07-05_10-35-14-768x337.png 768w\" sizes=\"(max-width: 1113px) 100vw, 1113px\"><figcaption id=\"caption-attachment-543473\" class=\"wp-caption-text\">PEPEUSD Chart Analysis Source: GeckoTerminal.com<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">The Pepe price, after hitting an all-time high (ATH) of $0.00001717, has been on a downtrend, trading within the falling channel pattern, according to data from <\/span><a href=\"https:\/\/www.geckoterminal.com\/eth\/pools\/0xa43fe16908251ee70ef74718545e4fe6c5ccec9f\"><span style=\"font-weight: 400;\">GeckoTerminal<\/span><\/a><span style=\"font-weight: 400;\">.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">PEPE sustained the bearish trend, with the token dropping below the $0.0000111 critical support (50-day Simple Moving Average (SMA)). Moreover, the token still trades below the 200-day and 50-day SMAs, which confirms the bearish stance.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Relative Strength Index (RSI) is also trading below the 30-oversold level, currently at 17, an indication that sellers have an upper hand and the asset is undervalued.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With the token being undervalued, investors may start buying the asset, possibly staging a bullish trend reversal. In this scenario, the price of Pepe could soar above the channel as the bulls target the immediate resistance zones at $0.000011 and $0.0000121 (50-day and 200-day SMAs).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, if the bears sustain the current trend, the PEPE price could retrace further to $0.0000076, which acts as a cushion against downward pressure.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As the Pepe price prepares for a possible bullish rally, some PEPE lovers are considering a new Pepe upgrade called <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/pepeunchained\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Pepe Unchained (PEPU)<\/span><\/a><span style=\"font-weight: 400;\">, which has raised over $2.3 million in funding in less than three weeks.<\/span><\/p>\n<p>Presale projects like PEPU aren&rsquo;t subject to market forces before they list and so have the advantage of providing shelter from the current market storm, prompting some analysts to say they are a good way to buy the dip.<\/p>\n<p><span style=\"font-weight: 400;\">99Bitcoins, a prominent crypto channel on YouTube, says $PEPU is one of the best cryptos to buy now, with 100x potential.<\/span><\/p>\n<p><iframe title=\"Next 3 100X Potential Crypto to Buy Now?! (BIG POTENTIAL!)\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/nY8nlmVJiww?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h2><strong>Pepe Unchained Raises Over $2.3 Million &ndash; Best Meme Coin To Buy Now?<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Pepe Unchained is bent on emulating the success seen by its predecessor, PEPE, which has delivered mind-blowing returns to early investors.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">PEPU also aims to set Pepe free, and considers the original PEPE a prisoner chained to his old, clunky Layer-1 server room. PEPU will thus run on its own proprietary Ethereum Layer 2 blockchain.&nbsp;<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Who needs some Brain Powder?<\/p>\n<p>Pepe is gearing up for the official launch of his very own blockchain! &#128640; <a href=\"https:\/\/t.co\/kZC72UmxFy\">pic.twitter.com\/kZC72UmxFy<\/a><\/p>\n<p>&mdash; Pepe Unchained (@pepe_unchained) <a href=\"https:\/\/twitter.com\/pepe_unchained\/status\/1803856656704618843?ref_src=twsrc%5Etfw\">June 20, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">Pepe Unchained aims to tackle the scalability, speed, and efficiency issues that often plague meme coins built on the Ethereum Layer-1 blockchain.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Token holders can earn passively through<\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/pepeunchained\" rel=\"nofollow\"> <span style=\"font-weight: 400;\">the platform&rsquo;s staking system<\/span><\/a><span style=\"font-weight: 400;\">, which offers an annual percentage yield (APY) of 818%.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You can buy $PEPU tokens for $0.0082596 each. But with a price hike coming in less than twenty hours, interested investors should buy soon to lock in the best deal.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To join the presale,<\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/pepeunchained\" rel=\"nofollow\"> <span style=\"font-weight: 400;\">buy $PEPU from the official website here<\/span><\/a><span style=\"font-weight: 400;\"> using ETH, USDT, or a bank card.<\/span><\/p>\n<h2>Related News<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.linkedin.com\/pulse\/crypto-presales-worth-pros-cons-you-need-know-calsona-5aeye\"><span style=\"font-weight: 400;\">&#128640;&#128176; Are Crypto Presales Worth It? The Pros and Cons You Need to Know! &#128184;&#129300;<\/span><\/a><\/li>\n<li><span style=\"font-weight: 400;\">&nbsp;<\/span><a href=\"https:\/\/www.linkedin.com\/pulse\/bitcoin-price-prediction-experts-forecast-bullish-trends-calsona-o1vue\"><span style=\"font-weight: 400;\">&#128640; Bitcoin Price Prediction: Experts Forecast Bullish Trends for 2024 &#128200;&#128176;<\/span><\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/best-cheap-crypto\/\"><span style=\"font-weight: 400;\">Best Cheap Crypto to Buy Now In 2024 &ndash; Low Cost Coins<\/span><\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Most Searched Crypto Launch - Pepe Unchained<\/p>\n                                    <\/div>\n                                    <div class=\"col-12 col-md-4\">\n                                        <div class=\"inContentProviderSingle--rating\">\n                                            <div class=\"rating--holder\">\n                                                <p class=\"rating--text\">Rating<\/p>\n                                                <div class=\"rating--star-container\">\n                                                    <div class=\"rating--star\" style=\"width: 100%;\"><\/div>\n                                                <\/div>\n                                            <\/div>\n                                        <\/div>\n                                    <\/div><!--\/.col-md-4-->\n                                <\/div><!--\/.row-->\n                                <div class=\"row\">\n                                    <!-- *******  Desktop Provider Logo ********** -->\n                                    <div class=\"col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none\">\n                                        <img decoding=\"async\" class=\"inContentProviderSingle--img mb-3\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/08\/pepu.svg\" alt=\"Pepe Unchained\" width=\"125\" height=\"60\">\n                                    <\/div>\n\n                                    <div class=\"col-12 col-md-8\">\n                                                                                    <ul class=\"inContentProviderSingle--list\">\n                                                                                                    <li>Layer 2 Meme Coin Ecosystem<\/li>\n                                                                                                    <li>Featured in Cointelegraph<\/li>\n                                                                                                    <li>SolidProof &amp; 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