In a market dip that saw Bitcoin ($BTC) slide to $55,500, whales have seized the opportunity to accumulate more of the cryptocurrency. Simultaneously, these discerning investors have shifted their focus to the innovative Pepe Unchained token ($PEPU).
Over the past two days, Pepe Unchained's presale has garnered an additional $400,000, pushing the total funding over $11.9 million. The project is poised to reach the $12 million milestone within the next few hours. Notably, $85,000 of this influx originated from just two wallet addresses, demonstrating that whales are aggressively acquiring $PEPU during the presale window.
The surge in investor interest underscores the growing recognition of Pepe Unchained within the cryptocurrency market. Its Layer 2 chain, designed to facilitate faster and more cost-effective Pepe ownership, poses a strong challenge to its predecessor, Pepe ($PEPE), as the leading froggy meme coin in the industry.
Investors are flocking to Pepe Unchained's presale to secure the token at its discounted rate. One $PEPU is currently valued at $0.0094982 and will soon rise to $0.00953620 as the presale transitions to another funding round in less than 35 hours.
Despite September's historical underperformance for cryptocurrencies, the influx of capital into $BTC and $PEPU suggests that investors are positioning themselves for a more promising Q4, which is typically the industry's strongest period.
Amid Bitcoin's 2.77% drop on Tuesday, one whale wallet added $19 million to its recent purchases, valuing its total Bitcoin holdings at $136 million. This whale now holds 8,881 BTC, valued at $523 million.
In a similar move, another whale, dubbed "Mr. 100" by crypto influencer Lark Davis, acquired 300 BTC worth around $17 million. These significant investments highlight that whales are positioning themselves for an anticipated upswing in the coming months.
Pepe Unchained has also seen an influx of sizeable purchases in recent weeks, benefiting from its increasing popularity. One transaction saw the acquisition of 24.4 ETH, valued at $56,289.81, while another involved 10.8 ETH, worth $25,990.65.
Whales have previously shown interest in Pepe Unchained, with a single wallet address investing nearly $200,000 in $PEPU in July. This investor recognition stems from the project's response to market demand for a Pepe without the constraints of Ethereum ownership, such as high gas fees and slow transactions.
Pepe Unchained's ambitious goal of achieving a 100x return on investment is supported by its proprietary blockchain, which the project has hinted is nearing launch. According to its website, the Layer 2 launch will follow the presale's conclusion, suggesting that development may be nearing completion.
Pepe Unchained's Layer 2 chain aims to address the limitations of Ethereum-based Pepe ownership and establish itself as a launchpad for memetic-inspired tokens, all while leveraging Ethereum's underlying security.
Despite the challenges presented by September, Pepe Unchained's bullish prospects align with an anticipated stronger Q4 for the cryptocurrency industry. This sentiment is reinforced by the likelihood of $PEPU securing listings on major exchanges, a possibility that is gaining traction given the attention the project has garnered.
As a trusted crypto education platform, 99Bitcoins supports Pepe Unchained's potential and provides further insights in the video below:
[Video: Follow The Smart Money: Why Buying Pepe Unchained Now Could Be A Savvy Move]
Tracking the movements of whales is crucial for identifying potential opportunities in the cryptocurrency market. Their substantial influence over market liquidity and access to deeper insights make their investment decisions a valuable indicator of market trends.
If you have observed the flow of smart money into Pepe Unchained, this is your chance to join the movement. Visit the project's website, connect your wallet, and purchase $PEPU using ETH, USDT, or BNB. Credit card payments are also accepted.
Pepe Unchained's smart contract has undergone rigorous audits by Coinsult and SolidProof, ensuring its security and trustworthiness.
Join the Pepe Unchained community on Discord and Telegram to stay informed about the latest news and developments surrounding the project.
Crypto Intelligence
DogeHome
CaptainAltcoin
DogeHome
TheNewsCrypto
DogeHome
CaptainAltcoin
Cointribune EN
DogeHome
