Pepe (PEPE) has dropped 8% in the last 24 hours to $0.00008583, despite a 27% increase in trading volume to $907 million. The daily chart shows a Falling Wedge pattern, typically a bullish signal during a downtrend, suggesting a potential price rise. The current price is near strong support and the 50-day Simple Moving Average (SMA), which could act as a key resistance level. The Relative Strength Index (RSI) is at 46.07, indicating room for potential upside if buying pressure increases.

A breakout from the Falling Wedge could push Pepe towards $0.00001734, representing a 30-50% potential increase from its current level. However, confirmation of the breakout is essential to avoid further consolidation or downside.

Meanwhile, Pepe Unchained ($PEPU), a new layer-2 meme coin, is approaching $11 million in early funding. Promoted as having 100x potential by 99Bitcoins, $PEPU combines meme appeal with technological advancements, including low transaction costs and compatibility with Ethereum. With a current price of $0.0093477 and an estimated APY of 185%, $PEPU offers substantial rewards for investors.