PEPE's price fell in line with Bitcoin's price ahead of this week's major events: the US election and the Fed's interest rate decision. Vantard has raised more than $300 in a seed round as investors focus on the meme supercycle.
Pepe (PEPE) price has fallen significantly, but given the potential market pump, could this be a buying opportunity? The most talked about token in the meme coin space today, What about Vantard (VTARD)?
Here are price predictions for PEPE and VTARD and why the latter could outperform the frog-themed meme coin.
Vantard Meme Index Fund
Vantard (VTARD) is a meme coin token that provides access to index funds. For investors who have heard of Vanguard, it is a project that seeks to replicate the success of top funds in the crypto market.
The token of choice for this index fund is Memecoin, a blue-chip coin currently dominating the altcoin ecosystem. As a token, VTARD is your ticket into a portfolio that collates all the big moves in top memes like dogwifhat, Popcat, and hot new trends like GOAT and MOODENG.
All this does is allow investors to buy tokens that represent all the top moves.
The fund rebalances regularly to add the hottest meme coins. Investors were bullish on VTARD, which soared to $500,000 in the pre-seed sale and surpassed $300,000 as the seed sale accelerated.
Pepe price prediction
Pepe's price has fallen 8% in the last week and more than 21% in the past two weeks, with bulls struggling to maintain key support levels.
As such, PEPE currently has a bearish outlook as prices remain at levels last seen in mid-September. PEPE has plummeted below the important $0.0000087 area and the downtrend has sellers eyeing the $0.0000065 level.
Both the Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) indicators on the daily chart suggest that the bears have the upper hand. However, despite the bearish outlook, the overall market setup could help reverse momentum for the bulls.
If a Donald Trump victory seems very likely to put the memecoin back on an upward trajectory, PEPE could aim for a strong recovery to $0.000010. A year-to-date high above $0.000017 will be an important target.
Otherwise, the near-term price outlook could fall below $0.0000065, likely due to a Kamala Harris win. The demand reload level in this case would be in the area around $0.0000048, the support level seen in April. Notably, bulls rallied in the region before rallying to year-to-date highs in May.
Vantard price prediction
VTARD is currently $0.00012, but could skyrocket if the top meme coins in your portfolio start exploding.
As mentioned above, the meme coin market is bullish as the US approaches Election Day on Tuesday, November 5, 2024. The cryptocurrency industry is excited about Trump's victory, and there are predictions that a Harris victory could cause prices to fall in the short term.
Amidst all this, cryptocurrency analysts point out that the story of meme coins is a noteworthy one.
Vantard's unique proposition means that a seed round is a potentially good entry level. As the project claims, this will be the first 1000x meme index fund and has the potential to ride the next meme supercycle and outperform.
For more information about Vantard, please visit the official website.
