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The ChainGPT price jumped 2% in the last 24 hours to trade at $0.1176 as of 00:53 a.m. EST, with trading volume soaring 6% to $4 million.
ChainGPT Price Could Rebound, Aiming For A Sustained Rally
After hitting a monthly high of $0.148, the ChainGPT price has been in a downtrend, trading within a falling channel pattern, according to data from GeckoTerminal.
The trend has caused the price of ChainGPT to plunge below both the 50-day and 200-day Simple Moving Averages (SMAs), affirming the bearish trend.
Moreover, the Relative Strength Index (RSI) seems to be dropping from the 50-midline level, currently at 44, which indicates that sellers have the upper hand.
If the selling continues, the price of ChainGPT could plunge further to the $0.0990 support zone, acting as a cushion against downward pressure.
However, the Moving Average Convergence Divergence (MACD) is trading towards the neutral line, indicating that CGPT is on positive momentum.
If the bulls pick up the momentum at this level, the price of ChainGPT could soar, as the bulls target $0.130.
As the ChainGPT price climbs, investors are piling into the Pepe Unchained (PEPU) presale.
99Bitcoins, a prominent crypto channel on YouTube with more than 706k subscribers, says PEPU is one of the best cryptos to buy now, and has the potential to soar 100x after launch.
Pepe Unchained Presale Closes On $12 Million
Pepe Unchained has raised over $11.5 million in its presale, including more than $500,000 secured in just the past five days.
Investors are eyeing Pepe Unchained as a major upgrade over its predecessor, Pepe ($PEPE). Pepe has long been confined by its Layer-1 technology, which is characterized by network delays and rising gas fees.
Pepe is preparing to launch his own Layer 2 blockchain solution soon:
🧠 Instant bridging between ETH and Pepe Chain
🧠 Lowest transaction fees
🧠 100x faster transaction speeds compared to ETH
🧠 Dedicated Block ExplorerGet ready to join the future with Pepe Unchained! ⛓️🐸 pic.twitter.com/9gxNnddMyq
— Pepe Unchained (@pepe_unchained) July 18, 2024
Pepe Unchained will free PEPE from his clunky old blockchain via its proprietary Layer 2 blockchain.
That will enable the project to tackle the scalability, speed, and efficiency issues that often plague meme coins built on Layer-1 blockchains like Ethereum.
Token holders can also earn passively through the platform’s staking system, which offers an annual yield of 174%.
You can buy $PEPU tokens for $0.0094603 each. With a price hike coming in about one day, buy soon to lock in the best deal.
To join the presale, buy $PEPU from the official website here using ETH, USDT, or a bank card.
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