Mother Iggy Price Prediction: MOTHER Rises 20% As This PEPE 2.0 Presale Crosses $12.6 Million

The price of Mother Iggy rose over 20% in the last 24 hours and was trading at $0.04262 at 7:25 am EST as investors enter a strong accumulation phase for the celebrity Meme Coin.

Following this strong 24-hour performance, the cryptocurrency was able to bring its weekly performance back into the green. As a result, the MOTHER price has increased by more than 9% in the last 7 days.

Mother Iggy Price tries to break a big resistance

4-hour chart for MOTHER/USD (Source: Gecko Terminal)

Mother Iggy price has broken out of a short-term consolidation channel between $0.03453 and $0.03844 over the past 24 hours. Now, the meme coin is attempting to flip the major resistance level at $0.04235 into support. After that, the cryptocurrency could have the technical foundation to rally to $0.04626 in the next 48 hours.

If MOTHER Failure to establish a position above the $0.04235 mark within the next 8 hours could invalidate the bullish thesis. In this alternative case, the Mother Iggy price could end up retesting the aforementioned $0.03844 level.

Mother Iggy price loses its bullish strength

Technical indicators on the 4-hour chart of the meme coin suggest that the cryptocurrency’s bullish momentum has weakened. More specifically, the Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) indicators show that buyers are starting to exit MOTHER’s charts.

Over the past few hours, the RSI line has started to settle above 70. Traders usually view RSI readings above 60 as a sign that a cryptocurrency is overbought. Therefore, the current RSI reading on the 4-hour chart could be considered a sell signal as the cryptocurrency's downside potential is currently greater than its upside potential.

The MACD line has also failed to break above the MACD signal line in the last few hours. This could be an early warning that the cryptocurrency's positive trend is coming to an end. MOTHER could fall in the next 24 hours.

As MOTHER attempts to overcome the $0.04235 resistance level, the ICO for the Layer-2 meme coin takes place Pepe Unchained (PEPU) shows no signs of slowing down, surpassing $12.6 million in early-stage funding.

Charging PEPE with cutting-edge scaling technology

Pepe Unchained (PEPU) is on a mission to free the popular meme coin PEPE from the congested Ethereum network. Until now, holders of the frog-themed token have had to put up with high transaction fees and slow processing times as many tokens compete for computing power on Ethereum.

Using its own Layer 2 network, Pepe Unchained will shift the workload of PEPE's transaction processing away from Ethereum. This will not only lower network fees for PEPE lovers, but will also give them access to a token that can be sent and received 100 times faster than any altcoin on the Ethereum network.

Pepe Unchained will also serve as a framework that takes meme coins into a new era by opening up its hashrate to current and future projects in the light-hearted sector of the crypto space.

Its Layer 2 capabilities and meme coin appeal have excited experts and analysts. Among those bullish on PEPU is popular YouTuber ClayBro, who told his 130,000 subscribers in a recent video that Pepe Unchained has the potential to lead the meme coin sector.

Investors rush to buy PEPU at pre-sale price

During the ongoing ICO phase, an investor frenzy has erupted around Pepe Unchained as investors are placing big bets on the project's future. In addition to the optimistic predictions from analysts and experts for the meme coin, early-stage buyers are also being offered an attractive annual percentage rate (APY) of 162% for staking PEPU tokens.

We have reached $12.5 million!

Pepe Unchained hits milestones 💪🐸 pic.twitter.com/Vtq7R02w0R

— Pepe Unchained (@pepe_unchained) 9 September 2024

To be eligible for these rewards, investors must purchase and stake PEPU tokens during the meme coin's ICO. PEPUs can be purchased using either ETH, USDT, BNB, or a bank card using the simple purchase widget on the project's website.

The token is currently selling for $0.0096126, but investors who want to buy the token at the best possible price should act quickly as the price of PEPU will increase again in less than 24 hours and in the following presale phases.

Buy PEPU here on the official website.

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Most Wanted Crypto Launch – Pepe Unchained

• Layer 2 Meme Coin Ecosystem
• Featured in Cointelegraph
• SolidProof & Coinsult tested
• Staking Rewards – pepeunchained.com
• Over $10 million raised in ICO – ending soon