Turbo’s recent listings on new exchanges have started discussions about possible price increases as the project gains attention and attracts a growing community in the cryptocurrency market.
This article will analyze Turbo’s price using technical analysis and predict its movement in the coming weeks or months.
Additionally, it will explore another crypto project presale, Pepe Unchained, which is currently attracting a lot of attention due to its own Layer 2 blockchain.
Turbo gains traction with new exchange listings
Exciting developments are happening in the Turbo ecosystem. First, Turbo has been listed on a new exchange called Exchange.io. Although this exchange has only about 2,000 followers, it offers unique features like Turbo swaps without KYC and a modern interface with over 700 assets.
Additionally, there’s an ongoing meme coin trading contest with a $110,000 USDT prize pool. Participants can trade meme coins, including DOGE, MEW, TURBO, WIF, BOME, and ORDI, to share a $20,000 USDT prize.
The contest, hosted on CoinUp.io, includes contract challenges with potential winnings of up to $30,000 USDT. Traders are advised to exercise caution with derivatives to avoid significant losses or liquidation.
Turbo has been added to Kraken Pro, a major exchange. Kraken, once a leading exchange, continues to be influential in the crypto space. Turbo’s inclusion on Kraken, alongside other assets like AUCTION, CPOOL, KMNO, PRCL, PRIME, ZEX, and ZK, marks a significant development.
The community’s support has been crucial in achieving this milestone. Kraken’s promotion of Turbo emphasizes the potential for financial freedom through trading Turbo on their platform. The partnership is celebrated with the slogan “Turbo + Kraken = Freedom,” highlighting the potential impact on investors’ financial journeys.
Turbo is described as a movement from a modest $69 start to a significant force in the crypto world. The project is breaking barriers and gaining attention from major figures in the industry. Notably, discussions around Bitcoin ETFs and other crypto developments underscore Turbo’s growing influence.
TURBO price analysis
Turbo, currently the 216th largest cryptocurrency with a market cap of $244.98 million, has shown impressive growth over the past month, surging 20% despite a recent market crash. This performance is particularly notable given its substantial market cap of $200 million just a week ago.
Today, the price experienced a modest 4% dip, which is worth watching given Turbo’s overall upward trajectory. The coin is aiming for a market cap of $300 million, $400 million, and ultimately, $500 million. A sustained $1 billion market cap would solidify Turbo’s position as a major player in the meme coin space.
Technically, Turbo is consolidating between its 100-day and 20-day EMAs. A bullish breakout could propel the price to the 23.60% Fibonacci level at $0.0052. Further upside potential exists with a potential rounding-bottom reversal pattern targeting the 50% Fibonacci level at $0.0076.
Turbo could see substantial gains, potentially increasing by 200% to 369% by 2025. This could translate to a price of up to $0.0195 by the end of next year. Such growth would offer investors significant returns and position Turbo as a leading cryptocurrency.
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.
New crypto presale with layer 2 blockchain: Pepe Unchained
Pepe Unchained has reached a major milestone, raising over $9 million in funding since its launch in mid-June. Investors can currently buy $PEPU tokens for $0.0091265 each, which is likely lower than the eventual listing price. The next price increase will happen when the next stage starts.
We’ve just hit $9M! 🎉
Pepe Unchained is unstoppable, and it’s all thanks to you! pic.twitter.com/jdvgHIXjuj
— Pepe Unchained (@pepe_unchained) August 16, 2024
The team welcomes various payment methods, including ETH, BNB, USDT, and credit/debit cards. There’s ongoing discussion in Pepe Unchained’s Telegram channel about a DEX listing, with Uniswap being the top choice since $PEPU is an ERC-20 token.
Pepe Unchained (PEPU) has become a hot topic in the crypto community, especially because it introduces a new blockchain—a first in the meme coin space. This new chain, structured as a layer-2 network, offers major technological improvements.
The network effectively offloads transaction processing from the main Ethereum blockchain, reducing congestion. Additionally, $PEPU is advertised as being 100x faster than Ethereum, which is likely to attract even more investors.
Pepe Unchained also drastically cuts transaction fees. Ethereum’s high gas fees can make simple transactions expensive, especially in a bear market. This new network is more practical for everyday trading.
It’s also more developer-friendly, making it easier to build and maintain decentralized applications without the limitations of Ethereum. This opens the door for next-gen crypto games, DeFi protocols, and even NFT collections.
Enhanced security is another key feature of this project. Various mechanisms flag and challenge suspicious or incorrect transactions before they are finalized on the Ethereum mainnet. In cases of fraudulent activity, transactions can be reversed to prevent theft.
Additionally, the staking option allows investors to multiply their tokens, with APY rewards of up to 218%. Over 733 million $PEPU tokens are currently staked.
Overall, the future looks promising for this Layer-2 project. With millions raised in the presale, it’s clear that investors are excited about Pepe Unchained’s potential. To take part in the $PEPU token presale, visit pepeunchained.com.
Related
- Top 5 Meme Coins to Buy Now for Potential 50x Gains – $WIF, $PEPE, $POPCAT, $PLAY, and $PEPU
- PeiPei Faces Market Struggles as Investors Seek Stability in New Project Pepe Unchained
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