Pepe coin price technical analysis: New highs expected? The next Pepe in the bull market has already presold $65 million

Industry Express
2024-12-03 14:28:23
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Pepe Unchained ($PEPU), as an emerging meme coin project, has become the market focus with its $65 million presale performance and upcoming listing on Tier-1 exchanges.

Pepe Coin ($PEPE) performed remarkably in November, doubling in price and attracting widespread attention in the market. As the third-largest meme coin, its strong rebound reflects the enthusiasm of retail investors and the robust support from the community. Technical analysis shows that Pepe Coin has formed several bullish patterns, including the cup and handle (C&H) and a descending wedge, both indicating a potential further rebound.

The formation of the cup and handle pattern signifies a growth in potential after the price breaks out from a stable area. According to technical calculations, the target price for Pepe Coin could reach $0.000028, well above the current price. Additionally, the appearance of the descending wedge pattern and the price consistently staying above the 50-day moving average further support the bullish trend. However, if the price falls below $0.000016, this prediction may become invalid.

Notably, market observers believe that Pepe Coin is in a re-accumulation phase. According to Wyckoff theory, this is a precursor to the start of a bull market, indicating that potential funds are gradually flowing into this coin. Coupled with daily trading volumes exceeding $4 billion, Pepe Coin remains one of the most active projects in the meme coin market, attracting both retail and "whale" investors.

Pepe Unchained Explodes: A New Benchmark in the Meme Coin Ecosystem

Meanwhile, Pepe Unchained ($PEPU), as an emerging meme coin project, has become the market focus with its $65 million presale performance and upcoming launch on Tier-1 exchanges. The project attracted significant funds during the early stages of the presale, raising over $1 million daily, and plans to complete its listing in a few days. Priced at just $0.01295, the low entry point has drawn many early participants.

The core innovation of Pepe Unchained lies in its upcoming Pepe Pump Pad platform. This platform aims to enhance the efficiency of meme coin issuance and provide more effective support for the Ethereum ecosystem, challenging the current market leader, Solana. The platform will include a high-speed blockchain, decentralized exchange (DEX), and cross-chain asset bridges, offering users low-cost trading and enhanced liquidity support.

Moreover, the development of the Pepe Unchained ecosystem is not limited to meme coin issuance; its upcoming blockchain technology will be 100 times faster than Ethereum, with significantly reduced transaction costs. All of this makes $PEPU not just a meme coin, but a comprehensive blockchain ecosystem. Experts predict that as the listing approaches, the price of $PEPU may see significant growth, potentially surpassing the gains of its predecessor, $PEPE.

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Conclusion: Dual Momentum in the Meme Coin Market

Pepe Coin and Pepe Unchained represent the stable forces and emerging powers in the meme coin market, respectively. Pepe Coin, with its technical patterns and trading activity, is poised for a new bull market in December; while Pepe Unchained injects new vitality into the meme coin market through its innovative platform and strong fundraising capabilities. For investors, this is the best time to explore diverse opportunities in the meme coin market. Whether it's stable long-term potential or high-return early projects, there is significant value for market participants.

Additionally, Best Wallet has launched the "Upcoming Tokens" feature, facilitating easy participation in new project presales, enhancing investment opportunities and user experience. Through the "Upcoming Tokens" feature, users can directly participate in presales within the Best Wallet app. If you want to check the tokens you purchased, simply import your purchase wallet into Best Wallet to view the current value of the tokens!

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