The post Pepe Rises 10% in a Week While Layer 2 Version Pepe Unchained Hits $10M in Presale appeared on BitcoinEthereumNews.com.

DISCLAIMER: This article is a SPONSORED Press Release and does not constitute Finbold’s editorial content. Crypto assets/products involve significant risks. Do not invest unless you are prepared to lose your entire investment. For a full disclaimer, please . The meme coin market has been soaring higher this week, and Pepe has been one of the biggest winners. The token is up more than 14% in the past 7 days of trading and looks set for even more gains heading into the end of the month. Pepe’s momentum has also carried over to a new Pepe-themed Ethereum Layer-2, Pepe Unchained. The project just raised $10 million in its ongoing presale and looks like it could be the next Pepe token to explode after launch. Let’s take a closer look at all that’s happening in the Pepe universe right now. Pepe Meme Coins Soar as Bull Market Restarts It’s been one of the best weeks of the year for Pepe-themed meme coins, including not only the original $PEPE but also lookalikes like $PEPECOIN. $PEPE is up 14.5% on more than $500 million in daily trading volume over the past week, while $PEPECOIN is up 41% on nearly $5 million in daily trading volume. Technical analysis of $PEPE suggests an exciting next few days for the token. It’s currently challenging resistance around the $0.00000830 price level, and the most recent trading data indicates the token is breaking through. With the token’s high trading volume and momentum, a breakout seems likely. If $PEPE is able to sustain this move, it could jump all the way to its next resistance area around $0.00000980—a potential upside of 18%. One analyst identified a symmetrical triangle pattern with a likely bullish tilt as $PEPE exits the pattern. His analysis also suggests an 18% potential gain. $PEPE Price Analysis:…

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Filed under: News - @ August 24, 2024 6:08 am