Pepe token has crashed nearly 50% is it Still worth buying Pepe token welcome Back to the 99b YouTube channel I am Your host Umar Khan and today we're Taking a deep dive on Pepe token Everyone's fan favorite meme coin that's Has been just not having the greatest of Days as you see just starting off Straight into it guys in 24 hours we're Down 1.6% or 6.5% in the week we're down 14% And the month we're down a whopping 40% now is this a potential buying Opportunity or is this the end of Pepe Token that's what we're talking about in Today's video but before the video I Want to ask if you haven't already do Make sure you smash the Subscribe button Down below so you don't miss out the Latest and greatest crypto news and will Help you reach your 2024 crypto goals Overall crypto Market looking quite Poopy we're down about 1% on terms of The uh market today Fe in greed index at A 41 neutral basically at fear Bitcoin Still sub 60,000 ethereum sub $3,000 What the heck is going on and again guys Until the altcoins don't pump we're not Going to see a pump in the meme coins Which gives a position of entering Pepe Or not again guys um if you want my Quick answer I think obviously this Could be an impressive time to enter Pepe as we go to the onee guys and again We're still up nearly 400% but again if
You're if you're tracing like the Beginning of the bull market right Anyone who got it around this Zone over Here um you we re-entering that zone so Again it's anyone who's trying to chase The pump per say and again people who Held here and sold here which obviously There was a lot of people selling here So we saw dump uh took a profit and and Again if we just see the same thing Happen I could really see this this Chart flip itself and pump to its Previous High the only question is how Low will it go where is it going to see Where are we going to see Pepe bottom at Okay uh Pepe usdt chart analysis Pepe Has made an impressive 27x gain over the Last 10 months but it's entering a Correction phase in a I'm bearish on Pepe and believe it won't reach a new Alltime high in this current Bull Run uh Expecting a 60 70% correction coming Days Superior bullish or super bullish Below the red box resistance uh this is Resistance strong support important to Note never uh trade blindly in this meme Coin if you're fan of Pepe consider Investing in a ve a very small amount But avoid going all in and again guys Not that this guy's do give Financial Advice or not that I'm a financial Adviser either but I definitely wouldn't Go all in into just one project it's Actually quite silly this person is
Extremely bearish on Pepe I personally Don't think this is the end of Pepe guys We see this time and time again with Meme coins is you catch the pumps and The dumps and time and time again we do See history tend to repeat itself I Personally think Pepe is going to reach Another alltime high this bll Market Because uh most importantly once we see Bitcoin actually pump and hit alltime High levels I think we're going to see a Meme coin frenzy as well we haven't Quite seen that this Market just yet so I'm anticipating when that does happen We're going to see a crazy pump uh Pepe Alongside other meme coins as well we go Over to Queen Kamar capap guys and we Just go over to top meme coins right and Currently Pepe is sitting at number Three at a$3 billion market cap if this Trend continues over of its dumping whff Will flip it right A lot of people were Anticipating that this bull run Pepe Would flip shibba Inu and so far that's Not looking like it we're going to go to More news to see whether this is a buy Or sell before that I want to take a Second to mention this highlighted Project of the week and that is Pepe Unchain Pepe now has own blockchain and You're early to the party buy now buy Now and during pre-sale to max out your Rewards before the price skyrockets Current AP they offering is 220% Pepe
Unchain better speeds better gains same Delicious pep B flavor instant bridging Between eth and pep low transaction fee High volume capacity and dedicated block Explorer guys this preil project but to Break is $9 million Milestone and again Imagine investing in Pepe early not only Is it getting in early because it is on Pre-sale right now we can see in the Next 7 hours they having the price hike But you could be locking in some crazy Rewards AT 220% AP which is not going to Be paying this much for too long so make Sure you load up on some pep Bay unchain As I'm pretty bullish on this project I'm sure you guys will be too make sure You take a look Link in the description Low but back to Pepe token guys let's go Ahead and take a look at the technicals As it's looking absolutely bearish ERS Are in sell moving Aver on strong sell Give us a total summary of sell we're Seeing articles on Pepe with all sorts Of headlines but mostly on the bearer Side uh cryptocoin price Falls looming Collapse as Bearer signals intensify we Can see um uh pep pay price action has Been underwhelmingly recently struggling To find uh solid grounds am miss a broad Market turndown despite occasional Spikes the toins value remain suppressed Indicating where um warning investor Confidence now guys in my personal Opinion yes it is dumping but I think
This could be a great time to dollar Cost average especially now it's down 40% we're anticipating eventually we Will see a reversal of Pepe and again a Lot of whales and a lot of people are Holding their money in Pepe so I don't Necessarily think it's over now only Concerning side to this guys is Obviously Pepe being a meme coin it has To be strong on this community and the Community is falling apart they haven't Posted since July 22nd on their official Twitter page and that's pretty conc to Me as a mcoin we anticipate and imagine A very strong community and the only way You're going to build your community is Through socials if you're not engaging With us on telegram they're not engaging With Twitter they're not really giving Us something so again if they could turn That around I think we're going to see a Pump once we see Bitcoin start pumping Again as well and other altcoin start Pumping I think we're going to see a Crazy run for all meme coins not just Pepe alone so honestly I think this 40% Crash this month might be a solid Opportunity to load up a bag but again None of this is financial advice let me Know what you guys think in the comment Section below are you bullish are you Bearish what's your thoughts your opin Comments concerns but remember like Always none of this is financial advice
As I'm not a financial adviser that Wraps the video until next time it is Your friend Umar peace [Music] [Music]