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Pepe Unchained ($PEPU) has soared past $26.7 million in its presale as Bitcoin ($BTC) hits a new all-time high above $83k in what is being dubbed a “Moonvember” price explosion for crypto.
The crypto market has now entered full risk-on mode, with the Greed and Fear Index approaching “extreme greed” territory. As a result, the total market value of all cryptocurrencies soared by $150 billion to over $2.75 trillion on Monday.
Sector-wise, the meme coins saw the biggest buying frenzy, pumping 18.5% in the past 24 hours, from $73.69 billion to $87.33 billion. On a per-token level, the sector’s rising star, Pepe Unchained, continues to steal the show, adding $1.6 million in just four days since its last milestone.
Pepe Unchained’s latest explosive fundraising round is driven in part by another major whale buy, pushing its total funding close to $27 million.
With solid demand for $PEPU, investors are clearly positioning themselves ahead of the token’s major exchange listing. Those who haven’t yet participated can still join the presale and secure $PEPU at $0.01249.
However, in less than 14 hours, the price of $PEPU will increase as a new funding round begins.
Bitcoin At $100K On The Radar: What’s It Mean For Pepe Unchained, The Meme Coin Market?
When Bitcoin first breached $20,000 back in 2020, the idea of it reaching $100,000 seemed like wishful thinking. As crypto critics would argue, “It’s nothing but a bubble – just another tulip mania.”
After enduring several crypto winters and facing scandals that shook the entire industry, Bitcoin has, indeed, defied the naysayers. With its recent price action, the $100,000 milestone now feels more like an imminent reality than a far-off dream.
The six-figure digit target come against the global backdrop of low interest rates, providing rocket fuel for a possible Bitcoin moon ride, while historically, post-election periods – as The Crypto Dev notes on X – have often served as the phase of a cycle for the top crypto to reach new all-time highs.
#Bitcoin history is exactly repeating. $BTC to 100K and beyond is confirmed. pic.twitter.com/W5yjJUTD4f
— The Crypto Dev (@TheCryptoDev_) November 8, 2024
In fact, meme coins are currently all in the green, outpacing Bitcoin’s gains. Dogecoin ($DOGE) is up 23% in just the past 24 hours, while Shiba Inu ($SHIB) has jumped 13.9% in the same time frame. Benefiting from Solana’s ascent to the $100 billion club is DogWifHat ($WIF), which has risen 23.12%.
But for the most massive gains, it’s often the newer tokens that take the lead. And there’s nothing newer – or more impactful – right now than Pepe Unchained. In just four months since its presale stage began, the token has already raised more than a quarter of $100 million.
Whales Double Down On Pepe Unchained, Betting It Will Outperform The Meme Coin Sector
Pepe Unchained whales are making their presence felt with increasing frequency, as large buys are becoming the norm for the project.
In the first 11 days of Moonvember, Pepe Unchained has already seen substantial whale participation, far outpacing last month’s activity.
Just last week, a whale purchased $6 million worth of $PEPU – approximately $77,000 – while the week prior, another whale acquired 2.2 million $PEPU for $27,000. Over the weekend, the latest whale purchase was a 4.6 million $PEPU acquisition, valued at around $63,000.
Ethereum Transaction Hash (Txhash) Details | Etherscan
Whale buys carry significant meaning, particularly in signaling smart money flow. These purchases indicate that investors with greater financial resources – often including investment funds with deeper market insights – are placing sizable bets on a project they believe holds substantial potential.
The fact that whales are backing Pepe Unchained at this early presale stage suggests strong future prospects, positioning it as the potential moon ride that crypto investors are looking for beyond Bitcoin and the mainstream ones in its sector.
Why Whales Are Betting Big On Pepe Unchained
Whales don’t enter a presale merely due to FOMO. In recent weeks, Pepe Unchained has announced new key updates highlighting its upcoming Ethereum L2 chain, which is designed to address Pepe token ownership’s current limitations.
In October, the project launched its developer grants program and showcased a preview of this L2 chain in action. More recently, on November 7, Pepe Unchained unveiled its meme coin launchpad, set to rival Solana’s Pump.fun, and positions Ethereum as the new go-to chain for meme coin launches.
Solana has become the preferred platform for meme coin projects due to its faster, cheaper transactions compared to Ethereum. However, with Pepe Unchained’s meme coin launchpad, Pepe’s Pump Pad, Solana’s dominance could witness its twilight.
Pepe Unchained promises to offer up to 100x more transaction capacity than Ethereum, with perhaps the lowest fees possible in the market. This makes it ideal for the high-frequency and low-cost trading requirements of meme coins.
What further sets Pepe Unchained’s launchpad apart is that it effortlessly taps into its memetic power, thanks to its distinct Pepe flavor.
These are just a few reasons analysts and crypto influencers are increasingly bullish on Pepe Unchained’s potential. In the video below, Austin Hilton shares his thoughts on how $PEPU could perform once listed:
Ready To Join The Pepe Unchained Presale? Here’s What You Need To Know
To purchase $PEPU, visit the project’s official website. Connect your wallet and exchange $PEPU for ETH, USDT, or BNB. Credit card payments are also accepted.
With comprehensive audits from two leading firms, Coinsult and SolidProof, you can rest assured that the project’s code is free of critical issues.
Developers eager to build on the Pepe Unchained L2 chain can now apply for grants. Simply fill out a quick form on the website, and you’ll receive a confirmation email. The Pepe Council will review applications regularly and award grants to the most promising projects.
For the latest news about Pepe Unchained as it makes its way to the $27 million milestone, join its community via X and Telegram.
Most Searched Crypto Launch - Pepe Unchained
- Layer 2 Meme Coin Ecosystem
- Featured in Cointelegraph
- SolidProof & Coinsult Audited
- Staking Rewards - pepeunchained.com
- $10+ Million Raised at ICO - Ends Soon
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