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PEPE Faces Potential 60% Drop as Mono Protocol Enjoys $3.54M Black Friday Surge

PEPE traders prepare for a possible 60% decline, while Mono Protocol”s presale gains momentum with $3.54 million raised.

The cryptocurrency market is witnessing heightened activity as promotional events and market signals influence sentiment across major assets. In this environment, the presale of Mono Protocol is gaining notable traction during the Black Friday week, while PEPE holders are keeping a close eye on increasing volatility and mixed analyst predictions.

Currently, PEPE is trading at approximately $0.000004478, reflecting a significant monthly decline of 37%, according to CoinGecko. Its market capitalization has fallen below $2 billion, placing it fourth among prominent meme tokens. Analysts monitoring the asset”s performance are assessing the possibility of a deeper retracement forming.

On November 3, analyst Ali Martinez noted that PEPE had dropped below a head-and-shoulders pattern, with a projected downside target of around $0.0000015, indicating a potential decline of nearly 60% from its current price. Furthermore, data from CoinGlass shows that inflows into centralized exchanges have surpassed outflows recently, a trend often associated with increased selling pressure.

Despite these bearish signals, some analysts maintain a more optimistic outlook, suggesting that PEPE could recover if the price structure stabilizes. Traders are currently weighing the short-term volatility against broader market conditions, resulting in mixed forecasts.

In stark contrast, Mono Protocol is solidifying its presence in the crypto presale landscape, significantly benefiting from the Black Friday promotional efforts. The project is currently in Stage 18 of its presale, priced at $0.0525, and has successfully raised $3.54 million of its $3.60 million target for this stage. A total raise of $9 million is in progress, with enthusiastic participation from the community across global markets.

Every presale purchase made between November 24 and November 30 is eligible for a 100% bonus, automatically applied as part of the Black Friday promotion, which has spurred consistent engagement during this busy week. This strategic positioning has made Mono Protocol one of the most prominent crypto presales during this seasonal surge.

The project features a unified execution system designed to streamline cross-chain routing, gas payments, and settlement within a single framework. This approach mitigates the fragmentation commonly experienced in multi-chain operations, appealing to users seeking seamless interactions across various networks.

Another highlight of Mono Protocol is its unified balance and rewards system, which has attracted additional interest throughout the presale. This system allows users to synchronize their assets across supported chains, presenting them in a consolidated view and simplifying the management of fragmented balances—a frequent challenge in traditional presale environments.

The Rewards Hub is also active during the Black Friday promotional period, encouraging users to complete referral tasks, social interactions, and presale quests to boost their allocations during the ongoing presale. This structure supports continuous participation, contributing to the project”s positive momentum as it approaches the next stage of its presale.

In conclusion, while PEPE is exhibiting mixed signals as analysts scrutinize its chart patterns and increasing exchange inflows, Mono Protocol is capitalizing on robust activity driven by its Black Friday campaign, unified execution model, and rising presale interest. These dynamics position Mono Protocol as one of the most closely monitored cryptocurrency presales as November draws to a close.

For more information about Mono Protocol, visit their official website or follow them on social media:

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LinkedIn

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