Price: $0.37516 -4.6518%
Market Cap: 55.07B 1.8811%
Volume (24h): 15.95B 0.4%
Dominance: 1.8811%
Price: $0.37516 -4.6518%
Market Cap: 55.07B 1.8811%
Volume (24h): 15.95B 0.4%
Dominance: 1.8811% 1.8811%
  • Price: $0.37516 -4.6518%
  • Market Cap: 55.07B 1.8811%
  • Volume (24h): 15.95B 0.4%
  • Dominance: 1.8811% 1.8811%
  • Price: $0.37516 -4.6518%
Home > Information news > Pepe Unchained Presale Soars Past $5 Million Raised In A Month And Altcoin Season Has Barely Started

Pepe Unchained Presale Soars Past $5 Million Raised In A Month And Altcoin Season Has Barely Started

Release: 2024/07/24 00:07 Reading: 474

Original author:InsideBitcoin News

Original source:https://coinmarketcap.com/community/en/articles/669fb74b6072b700e261989a

After securing $4 million last week, Pepe Unchained ($PEPU) continues its impressive fundraising, pushing its total funds raised to over $5 million.

Pepe's latest and most advanced version, featuring its own Layer 2 chain on Ethereum, recently celebrated its one-month milestone by swiftly raising $1 million in three days.

Despite the crypto market not fully entering altcoin season, investors continue to pour capital into Pepe Unchained, recognizing it as the next step in meme culture's integration with cryptocurrency.

Currently priced at $0.008596, PEPU is poised to rise to $0.00863040 in less than 24 hours, effortlessly surpassing another presale stage.

This presents an ideal opportunity to acquire PEPU before it lists on major exchanges and its Layer 2 chain goes live. Once these milestones are reached, PEPU's price trajectory is expected to surge, potentially leaving those who hesitate with regret.

Ethereum and Other Altcoins Experience Mixed Performance

In contrast to Pepe Unchained's gains, Bitcoin has surged to above $67,000, up by 4.62% in the past week, boosted by President Biden's withdrawal from the presidential race.

Ethereum has risen by 0.64% to $3,482, fueled by anticipation for the first day of trading for its new ETFs on Tuesday.

The rest of the crypto market has taken a pause from last week's rally, slowing down by 1.43% in the previous 24 hours. The meme coin sector has faced a modest decline of just 3.7% during the same period.

Despite this, Pepe Unchained's predecessor, Pepe ($PEPE), has maintained positive growth with an 8.8% increase over the past seven days. Other notable meme coins have also performed strongly, including DogWifHat ($WIF) at 23.5%, Bonk ($BONK) at 11.6%, and Dogecoin ($DOGE) at 9%.

While the top meme coins are outperforming Bitcoin, the Altcoin Index remains low at just 24, indicating that investors still prioritize Bitcoin.

Altcoin Season Still a Distant Possibility

A true altcoin season typically requires at least 75% of the top cryptocurrencies to outperform Bitcoin over 90 days. This scenario was last observed in January and March of this year, preceding the meme coin boom.

Therefore, there is still ample room for meme coins to experience a second surge, as investors are yet to fully embrace this sector. The gains seen currently could potentially signal the start of something significant.

Pepe Unchained's Ascendance as a Top Layer 2 on Ethereum

Pepe is an iconic meme that has ingrained itself into internet culture. Its crypto counterparts, $PEPE and $PEPECOIN, have become synonymous with the convergence of internet culture and financial sovereignty within the cryptocurrency community.

However, these predecessors have limitations, including slow transaction speeds and high acquisition costs.

Pepe Unchained addresses these challenges by introducing its own Layer 2 chain on Ethereum, significantly reducing the cost of acquiring PEPU. This technological advancement enhances scalability, lowers transaction fees, and increases throughput.

While previous versions of Pepe connected internet culture to financial sovereignty, Pepe Unchained seamlessly integrates these concepts while eliminating friction.

This distinction has earned Pepe Unchained recognition as the top Layer 2 chain on Ethereum by CryptoNews and 99 Bitcoins on YouTube, with predictions of a potential 10x return.

Additionally, as an independent chain with a unique protocol, consensus mechanism, and security features, Pepe Unchained establishes a new ecosystem alongside Ethereum, potentially serving as a launchpad for innovative projects.

Staking PEPU for Daily Token Growth

Pepe Unchained's independence could potentially propel it to the forefront of the meme coin market. Early investors are aware of this potential and are not only acquiring PEPU but also taking advantage of its staking feature that offers a 4% APY, providing a 1% daily return.

Currently, over 404 million PEPU tokens, valued at $3.4 million or 68% of the total $5 million invested, have been staked, demonstrating strong belief in Pepe Unchained's future.

If you recognize the potential of Pepe Unchained, visit the website, connect your wallet, and purchase PEPU using ETH, USDT, or BNB. Credit card payments are also accepted.

For peace of mind, Pepe Unchained's smart contract has undergone thorough audits by Coinsult and SolidProof, revealing no critical issues in its code.

Regardless of whether altcoin season is upon us, savvy investors are following where the smart money is flowing – and that's towards PEPU. Join the movement and acquire PEPU today.

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