- Despite the crypto industry dropping 7.9%, the Pepe Unchained ($PEPU) presale shows its resilience by garnering $24.5M.
- $PEPU’s Layer-2 (L2) blockchain network (which promises proficient and cost-friendly meme coin ownership) sets it apart from its Pepe predecessors.
- Underlying Pepe Unchained’s appeal are two whale buyers recently acquiring 6.8M $PEPU combined.
The Pepe Unchained ($PEPU) presale has successfully secured $24.5M, $1.5M of which was impressively garnered over the past five days.
Despite the market declining 7.9%, $PEPU’s steady influx of capital cements its place as a leading presale token in 2024.
Being listed on major exchanges is poised to boost its stance. It’s already on the radar of several top-tier ones – one of which might be Binance (the world’s largest by volume).
Investors have less than two days to secure $PEPU for just $0.01219 before its price goes up.
$BTC Slumps Amid US Election Uncertainty
After nearly hitting its all-time high of $74K, Bitcoin ($BTC) fell below $68K on Monday.
$BTC’s recent price surge has been fueled by the so-called ‘Trump trade,’ owing to the former president’s advocacy for crypto.
A Trump victory among digital asset holders is evident; bettors on Polymarket are placing Trump’s odds as high as 60.5%.
However, with Bitcoin flirting with overbought territory, a correction was unavoidable.
Coinciding with $BTC dropping slightly below $70K, Kamala Harris’ votes on Polymarket recently spiked from 33% to 41.9%.
The crypto market mirrors the uncertainty surrounding tomorrow’s 2024 US presidential election – Trump and Harris are tied in other polls.
On X, Daan Crypto Trades suggests that $BTC could swing 10% in either direction depending on the election’s outcome. Therefore, the chances of its value spiking are 50/50.
As the king of crypto slumps, the broader market has followed suit (as usual). Meme coins have witnessed a sharp decline, falling from their $64B high to $55B low.
But, amidst the market’s booms and busts, one token stands strong: $PEPU. Confirming its credibility, Pepe Unchained’s presale consistently brings in millions regardless of unfavorable market conditions.
Pepe Unchained’s Layer-2 Breakthrough
In June, Pepe Unchained launched its fundraising campaign to support the development of its upcoming Ethereum-based Layer 2 (L2) network.
Last month, it opened the door for skilled developers to receive grants when presenting innovative ideas for the L2’s technology.
Its L2 is what gives $PEPU an edge over its Pepe predecessors because it provides a smoother and inexpensive path to meme coin token ownership.
Recognizing its value will likely surge following exchange listings, investors – particularly whales – are capitalizing on $PEPU by buying the token early on presale.
Last month, a single investor snatched up 4.6M $PEPU tokens, valued at around $53,563 $ETH at the time.
Another whale acquired 2.2M $PEPU for roughly $27K this week.
Such significant purchases suggest that a rising tide of investors (regardless of their size) pay attention to the meme coin sector’s latest treasure.
It’s Early Stages of the Meme Coin Supercycle
Despite the uncertainty surrounding US politics and the crypto market’s decline, the meme coin supercycle is a dominant industry topic.
Investor Murad Mahmudov believes the meme coin supercycle is in its early stages.
In a recent X post, he pointed out that there was only one notable meme coin in 2017, and that was $DOGE. However, in 2024, there was a turn of events — that number had surged to over 1M.
Predicting this growth to continue, he suggests 2025 is the meme coins’ year.
According to him, the crypto community favors meme coins over altcoins.
In light of the supercycle, now might be a good time to go on a meme coin shopping spree.
Pepe Unchained could be the next $DOGE, delivering massive returns and shifting investors’ fortunes. Crypto expert Jacob Crypto Bury agrees.
$PEPU Poised to Hit $25M Milestone
$PEPU’s next milestone is $25M, and the Pepe Unchained presale is projected to hit over the next few days.
Those who are interested in joining the presale can head to the official Pepe Unchained website and connect their wallets to buy $PEPU using $ETH, $USDT, $BNB, or fiat.
Coinsult and SolidProof have fully audited Pepe Unchained’s smart contract. Security-conscious traders can rest assured that no critical issues in its code have been found.
For more information and announcements, check out Pepe Unchained’s X and Telegram.
Add TechReport to Your Google News Feed
Get the latest updates, trends, and insights delivered straight to your fingertips. Subscribe now!
Leah is a seasoned British journalist with nine years of expertise who specializes in Web3 reporting. Her insightful contributions have graced the pages of respected publications, including Coinbound, Cointelegraph, Bitcolumnist, NFT Lately, and NFT Plazas. With a keen eye for detail, she offers distinct perspectives on the ever-evolving blockchain industry.
The Tech Report editorial policy is centered on providing helpful, accurate content that offers real value to our readers. We only work with experienced writers who have specific knowledge in the topics they cover, including latest developments in technology, online privacy, cryptocurrencies, software, and more. Our editorial policy ensures that each topic is researched and curated by our in-house editors. We maintain rigorous journalistic standards, and every article is 100% written by real authors.
