100x Rally For Pepe Coin After 1.14 Trillion PEPE Trading Volume in 24 Hours – New Pepe Coin Price Prediction and Pepe Coin News Today

Pepe Coin is turning heads yet again after a jaw-dropping 1.14 trillion PEPE trading volume in just 24 hours.

This activity brought discussions of a potential 100x rally, with analysts and forecast platforms speculating whether Pepe could surpass its meme status to become a more serious contender.

But is this surge a signal of sustainable growth—or just another hype-driven cycle?

We’ll also take a look at PlutoChain ($PLUTO), the new hybrid L2 project that could add smart contracts to BTC’s network and bring new functionalities to it. The PlutoChain presale is making a strong impression, with over 2 million tokens sold.

Let’s check out the deets.

Pepe Coin’s Market Performance and 2025 Outlook From A Technical Perspective

As of December 29, 2024, Pepe Coin (PEPE) is trading at approximately $0.00002112, reflecting a slight decrease of 0.03% over the past 24 hours.

The Relative Strength Index (RSI) for PEPE is currently around 55.55 on the 4-hour chart, which shows a neutral market stance. There’s currently a balanced momentum with no immediate signs of a trend reversal.

Moving averages provide further insight into PEPE’s price dynamics. The 50-day Simple Moving Average (SMA) is currently at $0.01205, and PEPE’s price has recently crossed above this level, so we can expect growing bullish momentum.

Last week, Santiment reported that more than 1.14 trillion PEPE tokens have been traded overnight, which led to a quick surge in the market.

There are several possible catalysts for this.

Elon Musk, the billionaire entrepreneur known for his affinity for memes, recently stirred excitement around Pepe. In a post on X, he shared a meme referencing how some users on the platform interact with information and news, featuring PEPE.

PEP HOLDER, a meme coin analyst on Twitter, also announced how big things are coming for PEPE because the platform will establish a partnership with Tangem, a hardware wallet.

Is PlutoChain ($PLUTO) The Missing Puzzle Piece to Helping Bitcoin Activate Its Full Potential and Expand Its Role in DeFi? 

PlutoChain ($PLUTO) presents a Layer-2 solution that could expand Bitcoin’s capabilities beyond its traditional role as a store of value.

Bitcoin faces ongoing challenges with network congestion, transaction delays, and high fees during peak usage periods.

PlutoChain might tackle these issues through its Layer-2 network, built on top of Bitcoin’s base layer, offering a scalable solution without compromising the fundamental security that Bitcoin is known for.

While Bitcoin’s 10-minute transaction time has allowed networks like Ethereum, Solana, and Cardano to gain market share, PlutoChain may reduce this to 2 seconds on its own chain while potentially maintaining Bitcoin’s security through blockchain anchoring.

Its EVM compatibility means Ethereum developers could seamlessly transition their projects, potentially enabling straightforward integration of DeFi applications, NFTs, and AI projects into the Bitcoin ecosystem.

This compatibility could be particularly significant as it may open up Bitcoin to the vast ecosystem of existing Ethereum-based applications and developers, potentially bridging the gap between these two major blockchain communities.

The platform has proven its capabilities in testing, and processing 43,200 daily transactions without performance issues. This throughput demonstrates PlutoChain‘s potential to handle substantial network activity while maintaining consistent performance levels.

Security-wise, PlutoChain has undergone thorough audits from respected firms including SolidProof, QuillAudits, and Assure DeFi, establishing a strong foundation of trust and reliability in its infrastructure.

The platform also emphasizes community involvement, implementing a governance system where users can participate in key decisions about updates, partnerships, and feature development. The governance structure allows users to have a direct say in the platform’s future.

Final Thoughts

Pepe Coin could see some interesting growth in early 2025 with the latest developments on its Tangem partnership.

At the same time, there’s a new L2 project called PlutoChain that could grab attention.

PlutoChain’s approach to potentially scaling Bitcoin could represent a significant step forward in blockchain interoperability.

By potentially combining Bitcoin’s security with Ethereum’s programmability, it might create a unique value proposition in the ecosystem.

The platform’s ability to maintain high transaction speeds while leveraging Bitcoin’s security model could help it gain traction in the upcoming weeks.

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Please remember that this article is purely informational and not financial advice. Any and all cryptocurrencies are volatile, with prices prone to rapid changes. Always do your own research and consult an expert before joining any crypto venture. We are not liable for any outcomes based on the information in this article. Statements about the future entail risks and may not reflect updates.