Pepe (PEPE), the third-largest meme coin by market cap and the original meme coin based on the Pepe meme, saw its price drop 5% in the last 24 hours during the new wave of corrections.
PEPE price drops as crypto volatility continues to shake the market
The Ethereum-based meme coin went from $0.000008378 to $0.00000777 before seeing a slight correction to $0.000007986, which is where it sits at the time of writing. However, the resistance at $0.0000080 seems to be holding the token from progressing further up now.
The resistance may still end up being broken in the near future, as the current market volatility sees the coin surge up as much as they tend to drop the next day, so the reverse is not only possible but quite likely, too.
In the past week alone, Pepe was almost as high as $0.000009, but it also sank to $0.0000076. The shifting prices opened up plenty of opportunities for day traders, although these opportunities also come with major risks, so those not skilled in trading are still in danger of suffering major losses.
On the plus side, there is a great alternative to Pepe right now and is one of the most successful ones around, Pepe Unchained, which is currently still in presale, and as such, is immune to market volatility.
BUY PEPU AS THE BEST ALTERNATIVE TO PEPE
What do you need to know about Pepe Unchained?
Pepe Unchained (PEPU) is another Pepe-based cryptocurrency, but unlike the original Pepe and its other alternatives, it has its own blockchain. This may seem like a small difference, but it comes with major consequences.
Being Ethereum-based, the original Pepe is bound by Ethereum’s limitations. That means that issues like high transaction fees, slow transactions, and the lack of scalability affect it just as much as they do ETH.
However, PEPU has its own Layer-2 blockchain which allows it to shed these problems, and become “unchained.” As such, the project has positioned itself as a superior and unchained version of Pepe, and according to many, it might even have the potential to replace the original.
JOIN THE PEPU PRESALE WHILE ITS PRICE IS LOW
Its presale has been a massive success so far, raising $8.88 million to date, and it is rapidly approaching the $9 million milestone. Its token, PEPU, sells for only $0.0090901, which should be an indication of how many tokens the project sold to raise $8.88 million.
In other words, PEPU is seeing major demand, and it is very likely that its token will skyrocket as a result by the time it goes live.
To make use of the situation and maximize your profits, consider researching and buying PEPU right now in order to benefit when it happens. You can get it in exchange for BNB, ETH, or USDT, or purchase it with a credit or debit card.
