Thursday 01 August 2024 – Pepe Unchained ($PEPU) is on an unstoppable streak, effortlessly surpassing the $6.7 million mark in its presale despite the current lull in the meme coin sector.
The new meme coin is now eyeing the $7 million milestone, which will certainly be reached by the end of the week.
Early contributors are betting on Pepe Unchained, with its own Layer 2 chain on Ethereum, to surpass its Layer 1 counterparts, Pepe ($PEPE) and PepeCoin ($PEPECOIN), as the ultimate version of Pepe.
$PEPU’s debut on major exchanges will offer more investors a faster and cheaper way to own a Pepe.
But while the ultimate Pepe version is still hibernating in its Bacta tank, waiting to be unleashed like Darth Vader, those in the know of its presale can grab $PEPU ahead of other investors for $0.008804 per token.
Act fast, though – this price is about to bump up to $0.00883960 in less than 14 hours as it levels up to the next presale stage.
If meme coins are dead, then why are investors buying up Pepe Unchained?
It’s no secret that meme coins have been taking a hit lately. The supercycle seen in the first half of the year has largely dissipated, with one month already in the books in the second half of the year.
Coins that led the charge earlier, such as Floki ($FLOKI), have dropped by 7.71% in the past month. Brett ($BRETT) has declined by 25% in the same timeframe, and Pepe has fallen by 8.66%.
The meme coin index, which tracks the top six meme coins by market cap, dropped by 6.29% over the past month, while all meme coins have seen a collective decline of 5.3% in just the past 24 hours.
The current drop in prices has led experts to suggest that the initial mania has subsided, attributing the shift in market sentiment and reduced hype as the primary causes.
Meme Coin Index | MEMECOINHowever, if meme coins were truly dead, it’s puzzling how Pepe Unchained has emerged as an outlier, garnering significant investment inflows over the past month while most tokens have bled red.On its first day, Pepe Unchained raised over $200,000 and has since seen its funding grow by a whopping 3,266% – which is its way of saying if something is going to kill meme coins, it’s me.
Investors are not just buying Pepe Unchained, they are also staking $PEPU
The massive FOMO Pepe Unchained created since launch is very telling that the market is by no means giving up on meme coins.
In fact, the fact that Pepe Unchained investors have staked most of their newly bought $PEPU adds to the thesis that meme coins are far from dead.
About 555 million $PEPU tokens have been locked into Pepe Unchained’s staking protocol, which amounts to 72% of the presale funds raised in dollar terms.
Of course, the significant amount of $PEPU tokens being staked immediately suggests that investors’ faith in the project isn’t just about making a quick profit after exchange listing. Instead, it reflects a genuine commitment to making it the go-to Pepe token for many digital asset enthusiasts.
As such, it appears like the market’s in a bit of a holding pattern, with the crypto fear and greed index hanging out at neutral after Bitcoin’s attempt to smash its all-time high fell short last week.
Everyone’s just waiting for that one spark to kickstart the next big rally, which Pepe Unchained can provide.
Pepe Unchained has what it takes to spark the next meme coin supercycle
Why is everyone pouring so much cash into Pepe Unchained and sticking with it for the long haul?
It’s no riddle. Pepe Unchained is simply beyond an ordinary meme coin.
Not only does it offer a speedy and wallet-friendly way to get a crypto Pepe fix, but, as mentioned, it comes with a fresh new blockchain on Ethereum – a Layer 2 chain with its own consensus mechanism and blockchain explorer, which essentially is a whole new ecosystem.
It’s like giving Pepe his own VIP lounge where he can invite his friends like Brett and Andy ($ANDY) to come hang – and yes they are unchained as well.
With this alone, $PEPU is a clear leader in the awaited meme coin supercycle in the coming months.
As those in crypto know, the market is known for its surprises; often, all it takes is a single trigger – a significant news event, a viral social media post, or even a standout meme – to reignite the frenzy. This is precisely what Pepe Unchained is made for.
Investors might have moved away from the top meme coins and are now searching for something that can sway the market back to excitement. The old and slow Pepes just don’t cut it anymore.
How to join the Pepe Unchained presale while the party has just begun
Getting in early is always a smart move. Right now, it’s like catching the early whispers of a big news story – once Pepe Unchained hits the mainstream and lands on major exchanges, it might be too late to capitalize.
Just last Sunday, YouTube channel Crypto Gains gave a shoutout to its 135,000 subscribers to buy $ PEPU when funds were sitting at $5.7 million. Fast-forward four short days, and another $1 million was added to the total.
But the good news is that you are still early.
Becoming a supporter now means that there’s a chance to enjoy significant rewards as the project starts to gain momentum. Massive momentum.
So hurry and visit Pepe Unchained’s website, connect your wallet, and buy $PEPU using ETH, USDT, or BNB. Credit cards are also accepted.
Once you’ve purchased $PEPU, you can also grow your holdings immediately through its staking program, currently boasting a 287% APY.
Rest assured, Pepe Unchained’s smart contract has undergone a full audit by Coinsult and SolidProof, revealing zero critical issues in its code.
Buy $PEPU now.
The post Pepe Unchained Breaks $6.7M in Presale Amid Meme Coin ‘Death’ appeared first on Cryptonews.
#IndustryTalk #Memecoin #PepeUnchained #PEPU [Source: CryptoNews]