There’s some exciting movement in the market with Bitcoin Cash (BCH) experiencing a significant surge. Its price is up by 11.25% month-on-month, fueling optimism about a potential bull run. But while BCH is on the rise, some savvy investors, or “whales,” are quietly shifting their focus to a new and innovative meme coin, Pepe Unchained (PEPU), which might just offer an even more lucrative opportunity.
Bitcoin Cash has been riding a wave of anticipation, with its price climbing to $438. This uptick comes as traders remain bullish, expecting BCH to hit new highs, potentially above $4,000, in the coming months. The current market sentiment is strong, with BCH showing a solid performance despite a minor retracement.
The recent price action saw BCH bounce from support at the 20-day moving average of $386 to just below the resistance level of $470. This movement has cemented a bullish outlook, with the possibility of reaching $529 if the trend continues. Traders are watching closely, with the Relative Strength Index (RSI) suggesting that holding current levels could increase the chances of a significant upward move.
But here’s where it gets interesting. Amidst the buzz around BCH, a new meme coin called Pepe Unchained is catching the eyes of retail investors. This isn’t just any meme coin; it’s a reimagined version of the legendary Pepecoin, designed to overcome the limitations of the original. PEPU operates on a high-speed, low-cost layer-2 network, making it a more attractive option compared to the older, clunkier Ethereum-based Pepecoin.
As BCH holders wait for the next big push, PEPU is generating excitement with its innovative approach and potential for high returns. It’s gaining traction fast, and investors are flocking to its presale, which has already reached over $8 million.
