PeiPei (PEIPEI) has seen a slight recovery today, becoming a hot topic among crypto enthusiasts and investors who are wondering if this marks the start of a rebound.
Like other meme coins, PeiPei’s value has been unpredictable, with both rises and falls. Let’s take a closer look at PeiPei’s current price trends and what might happen next.
We’ll also highlight another exciting frog-themed meme coin that’s getting noticed in the market called Pepe Unchained (PEPU).
PeiPei price prediction
PeiPei’s chart shows a volatile trend. The coin saw a modest 8% rise today, offering some hope, but this comes after a weekend of consolidation and a sharp drop over the past month. Over the last month, PeiPei’s value has dropped by 64%, with a 7.18% decrease in the past week alone.
Many expected this downturn, and the market cap has fallen from $150 million to $60 million, highlighting the seriousness of the situation. Although PeiPei had a positive overall performance last year, the recent crash has wiped out much of those gains.
The coin is struggling to recover as its market cap continues to shrink. Interestingly, despite the downturn, PeiPei’s holder base has grown to nearly 40,000, showing community resilience. This growth is particularly notable with the possibility that China might lift its cryptocurrency ban by Q4 2024.
If this happens, it could significantly boost PeiPei’s value and attract new investors. A Chinese-themed version of PeiPei, featuring a red color and traditional straw hat, is in development, positioning the coin for success in the Chinese market.
If China loosens its crypto regulations, an influx of Chinese investors, especially large holders, could increase trading volume and revive PeiPei’s price. Despite the recent rise and overall negative sentiment, the PeiPei community remains hopeful.
Some are even comparing the coin’s potential to more established cryptocurrencies like XRP, suggesting PeiPei could outperform its rival in the next 30 days. This optimism reflects a belief that PeiPei’s price could rebound strongly, offering significant gains for investors ready to endure the current challenges.
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.
Alternative frog meme coin: Pepe Unchained (PEPU)
Pepe Unchained has reached $9.6 million in presales, standing out in a flat crypto market and positioning itself as one of the top meme coins for 2024. Unlike typical meme coins, $PEPU is creating a unique platform for joke tokens. This might sound ambitious, but here’s the concept.
Investors can buy $PEPU today at $0.0091996, but those who haven’t yet should move quickly. The price is set to rise as the presale progresses, with another increase expected in less than 2 days. The token can be bought with different payment methods, such as ETH, USDT, BNB, or credit and debit cards.
We’ve just hit $9.5M!
So close to the next big milestone! Pepe Unchained is unstoppable and we’re only getting started. Huge thanks to everyone on this journey with us! 🐸🚀 pic.twitter.com/l5SOUSpkJF
— Pepe Unchained (@pepe_unchained) August 20, 2024
While most meme coins focus on cute mascots and large communities, Pepe Unchained is exploring new ground. It’s developing “Pepe chain,” an Ethereum layer 2 network designed for speed and low fees.
Ethereum layer 2 networks are separate blockchains that connect to Ethereum, handling some transactions to avoid the main network’s congestion. However, until now, no Ethereum layer 2 has been dedicated solely to meme coins. That’s where Pepe Unchained comes in.
The Pepe chain will serve as a hub for joke token developers and traders. Developers can create anything from meme coin-related DeFi protocols to meme-inspired P2E games or metaverses filled with meme characters. The opportunities are vast.
$PEPU will support this ecosystem, offering significant utility that sets it apart from other meme coins. Additionally, holders can stake their Pepe Unchained tokens to enhance their investments.
Although the Pepe Unchained blockchain has not yet launched, staking is already active and offers a 207% APY. Currently, over 774 million $PEPU tokens are staked.
Experts predict substantial gains for Pepe Unchained, with forecasts suggesting a potential 10x-100x price increase. The project has also built a strong social media presence, with 11,200 followers on X (formerly Twitter) and 5,700 subscribers on Telegram.
To take part in the $PEPU token presale, visit pepeunchained.com.
Related
- PeiPei Rebounds During Broader Market Recovery – Is Layer 2 Meme Coin PEPU Next to Explode?
- PEIPEI Is Crashing – Can It Recover in the Coming Months, or Should Investors Turn to This Layer 2 Meme Coin?
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