The Pepe price has been dropping over the last seven days, losing around 5% of its value during this period. The price drop is a part of a wider crypto market price drop, as most coins fell under the bearish influence that currently still holds the market strongly.
Pepe price drops as the bears take over the market
The third largest meme coin saw its value go from $0.0000082 to a support at $0.0000077, which, for the time being, still holds the token from sinking deeper.
Pepe itself has not seen any major developments lately, positive or negative, that would affect its price from the fundamental side. In other words, what is going on with the token right now is simply a response of traders and investors who hold it to the overall market sentiment and conditions.
With that said, traders are still optimistic in the long term, expecting a major bull run to start later this year, or in early 2025. As a result, PEPE holders who have been HODLing until now might want to stick to their tokens, but if they wish for something that involves less risk, there is a strong Pepe alternative that is currently in presale.
BUY PEPE UNCHAINED — THE NEW AND IMPROVED PEPE
Consider Switching to Pepe Unchained
Pepe Unchained (PEPU) is a new meme coin that considers itself a better, more advanced version of the original Pepe. While there have been many Pepe-inspired altcoins over the years, PEPU stands out from the rest by being the first meme coin based on the Pepe meme to have its own blockchain.
Its chain is a Layer-2 blockchain built on top of Ethereum’s network, and this is what made all the difference. Thanks to a separate chain, the project managed to “unchain” itself from Ethereum’s limitations which have been troubling the older project for years, including slow speeds, high fees, and the lack of scalability. Being based on Ethereum’s network, the original Pepe inherited these problems, as well.
Pepe Unchained, on the other hand, considers speed, cheap cost of transfers, and scalability to be its biggest strengths, which is why many believe that it might outperform the original. Its ICO has certainly revealed that there is a massive demand for the token and that the support of its community only continues to grow over time.
BUY PEPU BEFORE THE NEXT PRICE INCREASE
The project has raised over $9.77 million to date, and it is rapidly approaching the $10 million mark. Its token, PEPU, sells for only $0.0091996 as of the time of writing, but this will change in about 24 hours when it is scheduled to see a price increase. If you buy before that happens, you stand to get it at a lower price. PEPU is available in exchange for ETH, BNB, and USDT, but you can also pay for it with credit or debit cards.
