
{"id":14857,"date":"2024-10-18T15:08:46","date_gmt":"2024-10-18T15:08:46","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=14857"},"modified":"2024-10-18T15:08:46","modified_gmt":"2024-10-18T15:08:46","slug":"pepe-price-outlook-where-is-pepe-headed-as-it-dips-6-and-how-does-it-compare-to-pepe-unchained","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=14857","title":{"rendered":"Pepe Price Outlook: Where is PEPE Headed as It Dips 6% and How Does it Compare to Pepe Unchained?"},"content":{"rendered":"<p>Pepe (PEPE) is still on traders\u2019 radars despite the 6% dip from its weekly high.<\/p>\n<p>As the coin\u2019s momentum slows, some are wondering if PEPE is even worth holding anymore.<\/p>\n<p>Meanwhile, the new meme project Pepe Unchained (PEPU) has got people talking \u2013 and some early backers believe it could be a better investment than the OG frog coin.<\/p>\n<h2>Is PEPE\u2019s Price Dip the End of the Rally or Just a Temporary Setback?<\/h2>\n<p>PEPE is now trading<a href=\"https:\/\/coinmarketcap.com\/currencies\/pepe\/\" target=\"_blank\" rel=\"noopener\"> around $0.0000103<\/a>.<\/p>\n<p>That\u2019s a sizable drop from Tuesday\u2019s local high, but crucially, it\u2019s still above the $0.000010 support level.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/10\/Picture1-23.png\"><\/a><\/p>\n<p>PEPE has mostly trended down in the past few days, cooling off after Monday\u2019s big rally.<\/p>\n<p>But it\u2019s not all bad news.<\/p>\n<p>With $890 million in trading volume over the past day, PEPE is still the second most traded meme coin.<\/p>\n<p>It\u2019s also held onto more gains than some of its popular peers, like WIF and POPCAT.<\/p>\n<p>Interestingly, open interest<a href=\"https:\/\/coinalyze.net\/pepe\/open-interest\/\" target=\"_blank\" rel=\"noopener\"> has also increased<\/a> slightly in the past two days.<\/p>\n<p>This could mean traders are positioning for another move up.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/10\/Picture2-23.png\"><\/a><\/p>\n<p>It\u2019s hard to say, but given the market structure, this dip might be temporary.<\/p>\n<p>Plus, since PEPE is known for its volatility, a sudden rebound wouldn\u2019t be surprising.<\/p>\n<p>It\u2019s a typical part of the PEPE trading experience.<\/p>\n<h2>Analyzing PEPE\u2019s Market Position \u2013 Should Investors Buy the Dip?<\/h2>\n<p>So, is it time to invest in PEPE after this latest dip?<\/p>\n<p>Let\u2019s break it down.<\/p>\n<p>The meme coin sector is still hot, with most top coins posting gains in the past day.<\/p>\n<p>Overall spot volumes<a href=\"https:\/\/coinmarketcap.com\/view\/memes\/\" target=\"_blank\" rel=\"noopener\"> are up 6%<\/a>, and Bitcoin is approaching $68,000 again.<\/p>\n<p>These are bullish signs for the crypto market in general.<\/p>\n<p>Looking at PEPE specifically, the token is showing some resilience.<\/p>\n<p>On the 4-hour chart, it dipped below the 50-period EMA but bounced back fast, which is a positive sign.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/10\/Picture3-21.png\"><\/a><\/p>\n<p>Plus, it\u2019s still in a clear uptrend on the same timeframe.<\/p>\n<p>For those interested in chart patterns, PEPE is in the middle of an ascending channel right now.<\/p>\n<p>Based on this channel, the next upside target could be around $0.0000115.<\/p>\n<p>That\u2019s an 11% jump from where PEPE is right now.<\/p>\n<p>Of course, when it comes to PEPE, what makes sense on paper doesn\u2019t always translate into reality.<\/p>\n<p>But given the current conditions, there might be a buying opportunity for risk-tolerant investors.<\/p>\n<h2>Pepe Unchained Passes $20M in Presale &amp; Presents Utility-Driven Alternative to PEPE<\/h2>\n<p>Alongside PEPE, there\u2019s another frog coin getting attention \u2013<a href=\"https:\/\/cryptopotato.care\/b_pepeunchained-en_97830?referrer=pepe-price-outlook-where-is-pepe-headed-as-it-dips-6-and-how-does-it-compare-to-pepe-unchained\" target=\"_blank\" rel=\"noopener\"> Pepe Unchained<\/a>.<\/p>\n<p>However, it\u2019s not just a copycat. The big difference between the two coins is utility.<\/p>\n<p>For all its popularity, PEPE is still just a meme token with no use case.<\/p>\n<p>Pepe Unchained, on the other hand, is aiming much higher.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/10\/Picture4-18.png\"><\/a><\/p>\n<p>Its core feature is a new Layer-2 blockchain called \u201cPepe Chain,\u201d designed just for meme coin traders.<\/p>\n<p>It promises faster and cheaper transactions than Ethereum, which is excellent news for regular buyers and sellers.<\/p>\n<p>Pepe Unchained\u2019s team is also thinking about the long term.<\/p>\n<p>They\u2019ve launched a<a href=\"https:\/\/pepeunchained.com\/en#benefits\" target=\"_blank\" rel=\"noopener\"> developer grant program<\/a> to expand their ecosystem and debuted a \u201cdouble staking\u201d app for PEPU holders.<\/p>\n<p>Right now, those who stake in this app can obtain<a href=\"https:\/\/pepeunchained.com\/en\/dashboard\" target=\"_blank\" rel=\"noopener\"> APYs of 109%<\/a>.<\/p>\n<p>Pepe Unchained\u2019s presale numbers are backing up the hype, having raised over $20.4 million in funding.<\/p>\n\n<div class=\"embed\"><\/div>\n<p>That shows the level of faith from investors \u2013 before PEPU has even launched.<\/p>\n<p>Top crypto analyst<a href=\"https:\/\/youtu.be\/HxDX2KEdhWg?si=ztMsGVyb6MHi2k_O\" target=\"_blank\" rel=\"noopener\"> Zach Humphries<\/a>, who has over 150,000 YouTube subscribers, released a video discussing the token.<\/p>\n<p>He\u2019s highly bullish, thinking PEPU could rally after it hits exchanges.<\/p>\n<p>So, is Pepe Unchained a better investment than PEPE?<\/p>\n<p>For those just seeking \u201cdegen\u201d vibes, PEPE might be a better fit.<\/p>\n<p>But for investors looking for a meme coin with genuine utility and a shot at long-term success, Pepe Unchained could be worth checking out.<\/p>\n<p><a href=\"https:\/\/cryptopotato.care\/b_pepeunchained-en_97830?referrer=pepe-price-outlook-where-is-pepe-headed-as-it-dips-6-and-how-does-it-compare-to-pepe-unchained\" target=\"_blank\" rel=\"noopener\">Visit Pepe Unchained Presale<\/a><\/p>\n<p><strong>Disclaimer<\/strong><em>: The above article is sponsored content; it\u2019s written by a third party. CryptoPotato doesn\u2019t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.<\/em><\/p>\n<p><em>Readers are also advised to read CryptoPotato\u2019s\u00a0<a href=\"https:\/\/cryptopotato.com\/disclaimer\">full disclaimer<\/a>.<\/em><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/pepe-price-outlook-where-is-pepe-headed-as-it-dips-6-and-how-does-it-compare-to-pepe-unchained\/\">Pepe Price Outlook: Where is PEPE Headed as It Dips 6% and How Does it Compare to Pepe Unchained?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Pepe (PEPE) is still on traders\u2019 radars despite the 6% dip from its weekly high. As the coin\u2019s momentum slows, some are wondering if PEPE is even worth holding anymore. Meanwhile, the new meme project Pepe Unchained (PEPU) has got people talking \u2013 and some early backers believe it could be a better investment than [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":14858,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-14857","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/14857"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14857"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/14857\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/14858"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}