Pepe Unchained Price Skyrockets as New Rival Raises $2.2 Million in One Day

Pepe Unchained price soared 105% in the past 24 hours to trade at $0.4683 as of 2:50 a.m. EST on trading volume that soared 40% to $33.69 million.

Pepe Unchained is a new Pepe-based coin that was only launched on December 10 and its latest pump made it the #1 trending crypto on CoinMarketCap today.

The project had one of the most successful ICOs in crypto history, reaching $74 million raised, which was also its all-time high.

Since its launch, investors and traders have increased their efforts on the project, which is expected to have the potential to replace PEPE, the third largest coin by market capitalization.

PEPE UNCHAINED L2 IS LIVE!

Yesterday’s launch went off without a hitch.

Our L2 network handled this massive volume effortlessly and is now ready to welcome the masses!

Check out our official block explorer, Pepuscan, and witness this greatness.… pic.twitter.com/0EJ7itirOz

– Pepe Unchained (@pepe_unchained) December 11, 2024

The project comes with its own layer 2 chain, making it the first ever Pepe-based coin to have its own blockchain. It announced the launch on X, introducing several promised features including its block explorer, the fact that new meme coins will be launched in its ecosystem, and the list of activities available on-chain.

Pepuscan allows you to track and trace all on-chain activities within the Pepe Unchained L2 ecosystem, including:

• Operations
• Wallets
• Blocks
• Tokens

…and much more.

2 of 6

– Pepe Unchained (@pepe_unchained) December 11, 2024

Pepe Unchained Price Prediction

The price of PEPU was quick to skyrocket after the launch and surged 385% in the last two days. The project even reached a new ATH around 14 hours before this article was written, when it hit $0.05292. Since then, it has corrected by 12%, struggling to break through resistance at $0.05.

Its Bollinger Bands are, however, showing signs that the post-launch hype may be coming to an end, as they have seen a significant tightening over the past few hours. The price itself has mostly pushed the upper band consistently since launch, sometimes dropping to the midpoint between the two bands, only to quickly return to the upper band.

However, over the past nine hours, it fell below the mid-level and then moved back up to the upper band. The narrowing of the band signals increasing uncertainty, but at the moment the price is still trying to break through the resistance at $0.50, approaching it and rebounding after each rejection.

The project’s Relative Strength Index (RSI) fluctuated sharply between the neutral zone at 50 and the beginning of the overbought zone at 70, occasionally surpassing this value and venturing higher, even going as high as 80. Currently it sits at 60, suggesting there is still room for growth.

However, its steady increase suggests traders are buying more slowly than before. In other words, PEPU maintains the bullish sentiment, but it weakens noticeably.

But, with Bitcoin finally back above $100,000 per coin, the altcoin market could see further growth, which could provide positive conditions for PEPU, possibly allowing it to break its large resistance.

Promising alternative to Pepe Unchained

With the massive success of PEPU, both during ICO and post-launch, it’s likely that new Pepe alternatives will emerge in the coming weeks and months, and the first one is already here.

Known as Wall Street Pepe (WEPE), the project launched its ICO even before PEPU sold its own, and is now the fastest growing new presale on the market.

The WEPE presale is growing even faster than PEPU, already raising over $6.36 million as investors have doubled down on their investment, encouraged by the success of frog-based meme coins. The project raised a whopping $2.2 million in the last 24 hours alone.

It also helps that Wall Street Pepe intends to make crypto trading and investing easier for small crypto users by helping them earn more.

The project says it has always hated the way crypto-whales jealously guard their secrets and only share them with each other in private insider groups.

So, WEPE decided to create a similar group for its community, and investors started purchasing massive sums to join it and gain access to premium trading signals, market indices, strategies and much more .

It also helps that WEPE offers a 109% staking reward to those who purchase and stake its token early, which has contributed to the overall enthusiasm.

Another contributing factor could be bullish predictions from crypto experts such as YouTuber ClayBro, who has over 133,000 subscribers. ClayBro said WEPE has at least 20x potential in a recent video.

Currently, Wall Street Pepe tokens are selling for just $0.000211 each, but the price will see its next scheduled increase in less than four days.

Visit WEPE here.

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