{"id":582695,"date":"2024-10-02T14:03:01","date_gmt":"2024-10-02T14:03:01","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=582695"},"modified":"2024-10-02T14:03:01","modified_gmt":"2024-10-02T14:03:01","slug":"pepe-price-plunges-9-but-funding-for-this-new-pepe-challenger-goes-parabolic","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/pepe-price-plunges-9-but-funding-for-this-new-pepe-challenger-goes-parabolic","title":{"rendered":"Pepe Price Plunges 9%, But Funding For This New PEPE Challenger Goes Parabolic"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The Pepe price plunged 9% in the last 24 hours <\/span><a href=\"https:\/\/www.geckoterminal.com\/eth\/pools\/0xa43fe16908251ee70ef74718545e4fe6c5ccec9f\"><span style=\"font-weight: 400;\">to trade at $0.000009833<\/span><\/a><span style=\"font-weight: 400;\"> as of 06:47 a.m. EST on trading volume that soared 78% to $3.4 billion.<\/span><\/p>\n<h2>Pepe Price Bulls Aim For A Bullish Rally<\/h2>\n<p><span style=\"font-weight: 400;\">The Pepe price seems to be rebounding from the sustained downtrend, as the bulls capitalized on the $0.000006550 support to push the price of Pepe, 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;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, the price of Pepe still trades above both the 50-day and 200-day Simple Moving Averages (SMAs), supporting the likelihood that the price of Pepe could still be on a bullish stance.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If the bulls capitalize on the rounding bottom pattern and trading above the SMAs, the price of Pepe could continue soaring, as they target $0.000013.<\/span><\/p>\n<figure id=\"attachment_582698\" aria-describedby=\"caption-attachment-582698\" style=\"width: 1274px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-582698\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-10-02_13-47-41.png\" alt=\"Pepe Price Chart Analysis Source: GeckoTerminal.com\" width=\"1274\" height=\"548\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-10-02_13-47-41.png 1274w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-10-02_13-47-41-300x129.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-10-02_13-47-41-1024x440.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/Uniswap-V2-_GeckoTerminal.com_PEPE_2024-10-02_13-47-41-768x330.png 768w\" sizes=\"(max-width: 1274px) 100vw, 1274px\"><figcaption id=\"caption-attachment-582698\" class=\"wp-caption-text\">PEPEUSD Chart Analysis Source: GeckoTerminal.com<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Meanwhile, the Relative Strength Index seems to be retracing from the 70-overbought region as it heads down, showing that buyers are currently taking control of the price. The 50-day SMA also crosses below the 200-day SMA, forming a death cross at $0.000009085.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If the bears capitalize on these indicators, the Fair Value Gap (FVG) could offer the next support zone around $0.0000050.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As the Pepe bulls aim for a bullish trend reversal, the <\/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;\"> presale remains maximum bullish.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to 99Bitcoins, a popular crypto YouTube channel with over 706k subscribers, PEPU could be the next 10x meme coin.&nbsp;<\/span><\/p>\n<p><iframe title=\"Is PEPE UNCHAINED The Next 10X Meme Coin? $PEPU Raises $4,000,000\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/vJZL1ohymeU?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>Pepe Unchained Closes On $17 Million<\/h2>\n<p><span style=\"font-weight: 400;\">Pepe Unchained has crossed yet another milestone, raising over $16.9 million in its ongoing presale, one of the most successful of the year.<\/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;\">The funds being socked into the project shows that investors are buying into the idea that PEPE 2.0&rsquo;s proprietary layer-2 blockchain is a winner that will make Pepe ownership faster and cheaper.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As its name suggests, Pepe Unchained frees PEPE from his old, clunky Layer-1 server room by giving it its own blockchain.&nbsp;&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Pepe Unchained also allows investors to earn passively through its staking option, which offers an annual percentage yield of 127%.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You can buy $PEPU tokens for $0.0099 each. Buy before a price hike in less than 19 hours 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 style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/make-money-with-cryptocurrency\/\"><span style=\"font-weight: 400;\">How to Make Money with Cryptocurrency &ndash; 8 Best Ways<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/best-bitcoin-mining-sites\/\"><span style=\"font-weight: 400;\">Best Bitcoin Mining Sites &ndash; Top 9 List<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/bitcoin-price-tumbles-3-6-as-israel-vows-revenge-for-iran-missile-attack-while-traders-turn-to-this-meme-coin-ico-amid-the-crypto-crash\"><span style=\"font-weight: 400;\">Bitcoin Price Tumbles 3.6% As Israel Vows Revenge For Iran Missile Attack, While Traders Turn To This Meme Coin ICO Amid The Crypto Crash<\/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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