PeiPei (PEIPEI) has been under the spotlight recently, and the latest market trends have prompted a deeper examination of its performance.
While the coin has shown potential in the past, current indicators suggest a more measured approach might be prudent.
Today, we’ll delve into a technical analysis update for PeiPei (PEIPEI). Additionally, we’ll explore an intriguing new Pepe-themed project that’s generating significant buzz called Pepe Unchained.
PeiPei price analysis
PeiPei (PEIPEI) currently trades at $0.061299, down 7.10% in the past 24 hours. The coin has been on a downward path, with a 2.18% drop over the past week and a 50.31% decrease over the past month. Its 24-hour trading volume stands at $3.07 million, also down 17.47%.
With a CoinMarketCap ranking of #499 and a market cap just under $60 million, PeiPei’s potential for significant gains appears limited.
Historically, PeiPei’s all-time high market cap reached around $150 million to $160 million, suggesting a maximum 3x return if it fully recovers. However, achieving and surpassing that level may prove challenging in the current market.
Activity on PeiPei’s Twitter account has been lackluster, reflecting the broader struggles within the project. Despite some positive developments, such as being listed among the top gainers on ByBit and its recent listing on MEXC Futures, overall sentiment remains uncertain.
For those looking to buy PeiPei (ETH) at the current rate, top cryptocurrency exchanges for trading include KCEX, LBank, Hotcoin, Deepcoin, and Bitrue.
If you’re looking for investment opportunities that could offer big returns and increase in value during the next bull run, check out our guide here for the best crypto presales of 2024.
A new investment opportunity: Pepe Unchained (PEPU)
Pepe Unchained (PEPU) is hitting its presale targets thanks to its fresh approach to the meme market, attracting both risk-takers and utility-focused investors. Even though the market hasn’t been great recently, $PEPU has raised nearly $11 million so far.
The price of $PEPU will increase during the presale. The token’s value rises each time it hits a funding milestone or as time passes. Right now, $PEPU costs $0.0093477 per token, but this price will go up during the campaign, so investors should act quickly.
Buying $PEPU is simple. Investors can acquire with ETH, BNB, USDT, or a credit/debit card. There’s no minimum investment, so both casual investors and large players can participate.
After the presale ends, the Pepe Unchained Layer 2 protocol will launch, and investors will receive their $PEPU tokens. The token will also be listed on decentralized exchanges (DEX).
Baby Pepe is all grown up and ready to assemble his own blockchain! 🐸✨ pic.twitter.com/msfb7bGMo1
— Pepe Unchained (@pepe_unchained) August 27, 2024
Pepe Unchained aims to fix issues for meme coin developers and investors using ETH. Its blockchain will process transactions 100x faster than Ethereum, which currently handles only 15 transactions per second.
Aside from being faster and having lower gas fees to help traders keep more of their profits, Pepe Unchained Layer 2 will also include a blockchain explorer to support developers and users. These features make $PEPU appear more like a practical tool rather than just a meme coin.
The project also offers an attractive staking option with rewards over 184% APY. Currently, over 871 million $PEPU tokens are staked, but this number will decrease, so potential investors should not delay.
Pepe Unchained’s team has gained credibility through audits from Coinsult and SolidProof, which found no issues with $PEPU’s smart contracts.
As Pepe Unchained prepares for its launch later this year, it’s generating significant buzz. Its alignment with blockchain trends and commitment to investor safety are drawing attention as we approach the end of 2024.
To take part in the $PEPU token presale, visit pepeunchained.com.
Related
PeiPei Price Analysis and a New Layer 2 Meme Coin ICO Now Raises $10.6 Million
PeiPei’s 16% Jump Could Lead to a Record-Breaking Rally as Pepe Unchained Presale Surges to $10 Million
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