XYO Skyrockets 128% Amid Tesla Partnership Speculation

The XYO price skyrocketed 128% in the last 24 hours to trade at $0.02921 as of 02:09 a.m. EST on trading volume that soared 1,909% to $176 million.

This comes a day after rumors online pointed to a potential partnership between the Decentralized Physical Infrastructure Networks (DePIN) project and electric vehicle giant Tesla.

Confirmed. Next Thursday December 12th I’ll be visiting a @Tesla hardware installation center for the $XYO cybertruck. #EarlyPhases #BuildXYO 🛠️👷🏻‍♂️🚀

— Scott P. Scheper 🗃️ (@ScottScheper) December 2, 2024

XYO Price On A Sustained Bullish Rally To The Upside

The price has clearly broken out of a consolidation phase around $0.0088 and is trending sharply upward, moving significantly above key moving averages, according to GeckoTerminal This indicates strong bullish momentum. 

The price of XYO is now trading well above both the 50-day and 200-day Simple Moving Averages (SMAs), which indicates that XYO is still under intense buying pressure.

The intense pressure is confirmed by the Relative Strength Index (RSI) moving up, currently at 85. 

Moreover, the Moving Average Convergence Divergence (MACD) is above the signal line, which confirms bullish momentum. The MACD blue line also crosses above the orange signal line, which is an indication of a bullish crossover,

The XYO price is approaching resistance levels near $0.03–$0.035, which may act as psychological barriers. If the price of XYO breaches these levels, the next possible resistance level could be around $0.040.

On the downside, if the bears take charge of the asset, as a response to the overextended RSI, the XYO price could plunge back to the previous breakout zone around $0.017 and $0.015.

Meanwhile, as the XYO price soars, the Pepe Unchained (PEPU) presale is another token on a tear after blasting past $66.6 million in funds raised. 

YouTube channel 99Bitcoins, with over 706K subscribers, says it has the potential to turn $1k into $10k after launch in about 10 days. 

Last Chance To Buy Pepe Unchained Before Major Exchange Listings

Pepe Unchained has taken the crypto world by storm, becoming one of the most successful presales of all time.

$PEPU is built on its own Layer 2 blockchain, and its aim is to free the original PEPE from its clunky Ethereum network. PEPU’s Pepe Chain network comes with lightning-fast speeds, lower transaction costs, and more scalability.

Pepe Unchained — Groundbreaking Layer 2 Blockchain technology.

Welcome to the future of meme coins. 🐸 pic.twitter.com/iC9b6YSynT

— Pepe Unchained (@pepe_unchained) September 6, 2024

This upgrade enhances user experience and transaction efficiency, prompting some analysts to say that Pepe Unchained might eventually dethrone Pepe as the king of frog-themed meme coins. 

The project also offers a huge 55% annual reward for staked PEPU tokens.

Pepe Unchained is preparing for its market debut, sparking excitement among investors after the team announced plans for major exchange listings. This has fueled speculation about whether the most successful presale of the year will be listed on Binance, Coinbase, or both.

We’ve been approached by several Tier 1 exchanges interested in $PEPU.

While this is an exciting opportunity that will boost visibility and liquidity, it also requires careful planning to ensure the best possible launch.

— Pepe Unchained (@pepe_unchained) September 18, 2024

With the launch of Pepe Unchained scheduled for about December 13, investors have just 10 days left to join.

PEPU is priced at $0.01295 and can be bought on the official website here with ETH, USDT, or a credit card.

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