PepeCoin has seen significant growth, rising 22% in the last 24 hours amid increased trading volume.
PepeCoin's Price Growth and Current Dynamics
PepeCoin's price started rising alongside news that Donald Trump would be the next US president. Yesterday, it reached a resistance level at $3.50.
Technical Analysis and Forecasts
Technical indicators suggest that PepeCoin might reach the resistance level at $3.50 again, although it is uncertain if it will break through. The Relative Strength Index (RSI) indicates limited space for growth.
Prospects in the Meme Cryptocurrency Market
While PepeCoin could be nearing its peak, other projects like Pepe Unchained offer intriguing alternatives with faster blockchain technology and lower transaction fees.
The overall trend in the cryptocurrency market suggests that investors must strategize to gain the most from market volatility. Nonetheless, PepeCoin remains an attractive option.