Pepe Unchained ($PEPU) has achieved a significant milestone, surpassing $12 million in its presale.
Early Wednesday, the capital stood at $11.85 million. However, the new meme coin with its Ethereum Layer 2 secured an additional $150,000 within 24 hours, reaching its current total.
Initially expected to reach $12 million by the week's end, Pepe Unchained exceeded this goal ahead of schedule. This is partly due to whales acquiring substantial amounts of $PEPU during Tuesday's market dip.
Currently priced at $0.0094982, $PEPU will escalate to $0.00953620 as the presale progresses.
Whales Acquire Pepe Unchained
On Tuesday, as Bitcoin ($BTC) hovered around $55,500 and most meme coins faced setbacks, major investors seized the opportunity to invest heavily in the Pepe Unchained presale.
One significant transaction involved the acquisition of 24.4 ETH, valued at $56,735, securing over 6 million $PEPU. An hour later, another investment of 10.8 ETH, worth approximately $26,196.65, obtained around 2.76 million $PEPU.
These transactions, totaling nearly $83,000, contributed to a rapid capital influx, bringing the total additional funding since Monday to over half a million dollars.
This recent activity follows an earlier major investment in Pepe Unchained, where a whale invested approximately $200,000 in $PEPU in July.
Despite not yet being available on exchanges, Pepe Unchained ($PEPU) continues to attract investor interest as an enhanced version of Pepe ($PEPE). In related developments, approximately 40 million $PEPE, valued at around $293,000, was transferred to the crypto exchange OKX, according to $PEPE Whale Alerts.
At its current price, $PEPE remains profitable for early investors. However, whales' movements of large amounts to exchanges warrant attention for smaller investors.
$PEPU: A Potential Leader in the Meme Coin Sector
Historically, the upcoming months have been positive for Bitcoin. Consequently, altcoins, including meme coins, tend to follow a similar upward trajectory.
Positioning portfolios for crypto exposure in the coming quarter is crucial this month. Savvy investors should observe significant capital movements, as whales often possess valuable insights into emerging projects.
The shift from the predecessor, Pepe ($PEPE), to its successor, Pepe Unchained ($PEPU), suggests a migration of capital to a more advanced version. Pepe Unchained's Layer 2 solution provides faster and more cost-effective transactions.
Renowned YouTuber ClayBro shares an optimistic outlook for Pepe Unchained, highlighting its potential to lead the meme coin sector.
To participate in the presale, visit the Pepe Unchained website. Connect your wallet and purchase $PEPU using ETH, USDT, BNB, or credit card.
Pepe Unchained's smart contract has undergone rigorous audits by Coinsult and SolidProof, confirming its security.
The next fundraising target is $13 million.