Pepe Price Rises Again, Reclaims $5 Billion Market Cap - Is Pepe Unchained Next?

Pepe Coin Leads Meme Coin Resurgence

The crypto market is witnessing a resurgence of meme coin mania, with Pepe once again spearheading the rally.

Pepe's price has surged over 26% in the past day, reclaiming the $0.000012 mark and achieving a $5 billion market capitalization. The frog-themed meme coin exhibits bullish momentum, supported by a 156% spike in daily trading volume, currently standing at $2.18 billion.

External Factors Fueling Pepe's Rise

Experts attribute Pepe's surge to its undervalued status, compounded by the broader market correction. However, optimism surrounding the impending launch of spot Ethereum ETFs is also fueling the rally.

Bloomberg analyst Eric Balchunas reports that the SEC has contacted issuers requesting final S-1 applications for an expected launch on Tuesday, July 23rd.

The potential boost to the altcoin market from Ethereum ETFs has traders front-running the event, contributing to Pepe's gains.

Pepe's Upside Potential

Experts remain bullish on Pepe's future, predicting significant upside potential. Trader Jintao anticipates an 8x rally to a market capitalization of $42 billion. Others suggest that the coin could deliver over 20x returns in this bull cycle.

Pepe Unchained: A Promising Alternative

With the crypto market poised for a new bull run, experts have identified Pepe Unchained as a compelling alternative to PEPE. The new meme coin is backed by a native Layer-2 blockchain compatible with Ethereum.

Pepe Unchained offers low trading costs, faster transactions, and high staking rewards. Presale buyers can earn over 500% by staking their tokens.

Disclaimer

Please note that this article is sponsored and provided for informational purposes only. It does not constitute legal, tax, investment, or financial advice.