Is It Too Late To Buy PEPE? Pepe Price Surges 10% As The Crypto Fear And Greed Index Signals Greed And Traders Flock To This ICO Before Time Runs Out

The Pepe value soared 10% within the final 24 hours to commerce at $0.00001092 as of 11:50 p.m. EST on buying and selling quantity that rose 84% to $3.79 billion.

This comes because the Crypto Concern & Greed Index shifts to a studying of ”Greed,” presently at 64, indicating that traders are much less threat averse and keen to purchase extra amid a worry of lacking out.

Pepe Value Set To Register A New ATH Over The Bullish Pennant

The Pepe value has been on a tear within the final month, rising 113% to a brand new all-time excessive (ATH) of $0.0000118 on Might 14, knowledge from GeckoTerminal exhibits.

The worth has been fluctuating inside this degree, with the $0.00000886 mark serving as a assist for the bulls to maintain pushing the value above.

PEPE presently trades above each the 50-day and 200-day Easy Transferring Averages (SMAs), a affirmation of the bullish potential to the upside.

Furthermore, the Relative Power Index (RSI) is rebounding from the 50-midline degree, presently above the 70-overbought area at 71, a sign of intense shopping for stress and continued optimism from traders.

The Transferring Common Convergence Divergence (MACD) can be bullish, with the MACD line crossing above the orange sign line, which kinds a bullish crossover. PEPE bulls may capitalize on this to additional push the value increased.

The inexperienced bars on the histogram additionally kind above the zero line, a sign to purchase as PEPE is on a constructive momentum. That is additional supported by the Common Directional Index (ADX) buying and selling at 40, which exhibits that PEPE is presently on a really robust bullish pattern.

PEPE Value Prediction

The Pepe value evaluation signifies that PEPE has very robust bullish momentum because the bulls intention to maintain the momentum above the bullish pennant.

Main indicators, together with the RSI, MACD, and ADX, present that the value is on a constructive trajectory, which may see PEPE soar to a brand new ATH, with the present goal set at $0.000014.

The 50-day trades above the 200-day SMA, forming a golden cross at $0.00000684, which additional encourages the bulls to propel the value to a brand new ATH.

Nevertheless, with the current value surge, the bears may begin reserving earnings, which may push the value right down to the assist zone round $0.00000886, coinciding with the 50-day SMA.

Because the PEPE bulls intention to push the value to a brand new ATH, different traders are exploring Sponge V2, a token that goals to repeat the feat of its predecessor, Sponge V1, which recorded 100X returns final 12 months in a bear market. At its peak, SPONGE reached a market capitalization of $100 million.

This is the reason crypto analysts like Crypto Boy say that Sponge V2 has the potential to soar 100X after its imminent launch on top-tier exchanges.

Sponge V2: Potential For 100X Returns

When you missed the Sponge V1 surge in 2023, there’s a second probability with Sponge V2 (SPONGE V2), which goals to repeat that very same feat and extra because it presents a final probability to purchase earlier than its launch on main exchanges.

Who’s prepared for the $SPONGE? 💦💛#SpongeV2 #CryptoCurrency #Alts pic.twitter.com/JtWn1QFF8a

— $SPONGE (@spongeoneth) May 13, 2024

The token’s itemizing goals at enhancing $SPONGE V2’s accessibility and visibility inside the crypto group.

The sequel comes as an upgraded model of Sponge V1, promising extra important rewards and a greater ecosystem.

You possibly can’t cease $SPONGE 🧽 🔥 #SpongeV2 #PEPE #FLOKI #WIF pic.twitter.com/j08GbqOwVj

— $SPONGE (@spongeoneth) May 2, 2024

One of many key options that Sponge V2 brings is a staking system, providing an annual proportion yield of 163% on Ethereum and 335% on the Polygon community.

The platform can be set to launch a play-to-earn racer sport, out there in each paid and free variations, the place customers get to have interaction in racing competitions and earn token rewards.

It’s virtually time, #SPONGERS! 🧽 🤩

The $SPONGE #Presale will conclude later this month, with the declare anticipated to go reside on the finish of Might! 🔥

Extra info coming tomorrow. Keep tuned!#SpongeV2 #Crypto #MemeCoin pic.twitter.com/ZGbpJDhKW9

— $SPONGE (@spongeoneth) May 14, 2024

With the presale closing on the finish of this month, now’s the best time to purchase.

To take part within the presale, you should buy Sponge V2 tokens on the official web site right here. Hyperlink your digital pockets to swap your ETH or USDT for V2 tokens. You may also purchase instantly utilizing your financial institution card.

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