Pepe Price Soars Amid Christmas Hype
Pepe price has surged 21% in the last 24 hours to reach $0.00000149, defying expectations of low activity due to the weekend and the holiday season.
It has outperformed meme coin peers, Dogecoin (DOGE) and Shiba Inu (SHIB), despite their single-digit gains.
Pepe Price Predictions
Pepe price is currently trading within a supply barrier of $0.00000146 and $0.00000172. The price must close above $0.00000159 to confirm an uptrend.
With the Relative Strength Index (RSI) above 50 and positive indicators from the Awesome Oscillator (AO) and the Moving Average Convergence Divergence (MACD), the Pepe market favors a bullish outlook.
If buying pressure increases, Pepe price could break the supply barrier and reach $0.00000191. Conversely, if the barrier holds, the price might fall below the $0.00000144 support.
Promising Alternative To PEPE
SPONGE V2 has emerged as a promising alternative, named among the top upcoming cryptocurrencies to invest in 2024. It is an upgrade to Sponge V1, which had a significant all-time high market capitalization of nearly $100 million.
To acquire SPONGE V2, investors need to buy and stake Sponge V1 through the Sponge.vip website. Staking more V1 tokens for longer can earn you more V2 tokens.
Hot Take
When considering meme coins like Pepe, keep an eye on alternative options like SPONGE V2, which aims to offer investment opportunities outside the mainstream meme coin frenzy, offering growth potential as an alternative investment.
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