{"id":583357,"date":"2024-10-03T14:57:10","date_gmt":"2024-10-03T14:57:10","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=583357"},"modified":"2024-10-03T14:57:10","modified_gmt":"2024-10-03T14:57:10","slug":"pepe-unchained-presale-rockets-past-17-1m-as-whale-fomo-intensifies","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/pepe-unchained-presale-rockets-past-17-1m-as-whale-fomo-intensifies","title":{"rendered":"Pepe Unchained Presale Rockets Past $17.1M As Whale FOMO Intensifies"},"content":{"rendered":"

Pepe Unchained ($PEPU)<\/a> continues to smash milestone after milestone in its presale, with its latest fundraising round surpassing the $17 million mark.<\/p>\r\n\r\n\r\n\r\n

The most bad-ass version of Pepe is proving that it has the biggest brain in the game, as its existence of just over three months is already posing a serious threat to its predecessors.<\/p>\r\n\r\n\r\n\r\n

With a recent teaser of its upcoming Ethereum Layer 2 launch and a developer grant application underway this quarter, investors couldn’t FOMO enough, pouring in substantial funds, including another whale splash in the $PEPU ICO on Thursday.<\/p>\r\n\r\n\r\n\r\n

Investors who have yet to join can purchase $PEPU for $0.00991 before the price adjusts to $0.00992 in less than 31 hours.<\/p>\r\n\r\n\r\n\r\n

Bitcoin’s Plunge To $60,000 Rattles Markets, But Pepe Unchained Is Unscathed<\/h2>\r\n\r\n\r\n\r\n

Rising geopolitical tensions in the Middle East, sparked by Iran’s attack on Israel, have spooked the market, causing Bitcoin to fluctuate dangerously below $60,000.<\/p>\r\n\r\n\r\n\r\n

After peaking at $66,508 following a strong final week of September, Bitcoin’s October start has not fared well. Investors even abandoned the Bitcoin safe-haven narrative by offloading $3 billion in BTC on exchanges at a loss.<\/p>\r\n\r\n\r\n\r\n

Bitcoin Price: BTC Live Price Chart, Market Cap & News Today | CoinGecko<\/a><\/p>\r\n\r\n\r\n\r\n

As a result of the top crypto’s slump, altcoins – mainly meme coins – have experienced an accelerated downturn, with most major tokens remaining in the red on Thursday and suffering double-digit losses over the past 24 hours.<\/p>\r\n\r\n\r\n\r\n

DogWifHat ($WIF) dropped 16%, Bonk ($BONK) fell 17.7%, and Pepe Unchained’s predecessor, Pepe ($PEPE), lost 12.82%.<\/p>\r\n\r\n\r\n\r\n

Despite these recent losses among meme coins, Pepe Unchained’s ICO<\/a> is bucking the trend, successfully raising $1 million in just four days.<\/p>\r\n\r\n\r\n\r\n

This suggests that the swift shift from risk-on to risk-off at the start of October has not deterred investors from buying $PEPU during the presale, demonstrating their commitment to a shared vision for a new era of Pepe ownership.<\/p>\r\n\r\n\r\n\r\n

Whale Snaps Up 5 Million $PEPU Tokens<\/h2>\r\n\r\n\r\n\r\n

On Sept. 27, a significant whale purchase of 5.2 million $PEPU, or about $51,000, helped push Pepe Unchained<\/a>‘s presale past the $16 million milestone. <\/p>\r\n\r\n\r\n\r\n

This marked the second whale transaction that month, following a prior Sept. 9 purchase that was worth around $56,000 at the time.<\/p>\r\n\r\n\r\n\r\n

On Thursday, a whale acquired 5 million $PEPU for 21.75284 ETH, valued at about $50,838 – again, this occurred while the entire market was in a deep sea of red.<\/p>\r\n\r\n\r\n\r\n

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Ethereum Transaction Hash (Txhash) Details | Etherscan<\/a><\/p>\r\n\r\n\r\n\r\n

Whale purchases are noteworthy because they indicate strong demand for a particular token. They often represent the smart money movement, as whales typically include not just individual investors but also institutions with better insights than the average investor.<\/p>\r\n\r\n\r\n\r\n

Whales accumulating $PEPU at this early stage strongly indicates that Pepe Unchained has the potential to rank among the top meme coins. With its L2 launch approaching, a major exchange listing could be all that’s needed to significantly boost the price of the asset.<\/p>\r\n\r\n\r\n\r\n

With Developer Grants And A Possible L2 launch, $PEPU Heads For $18 Million<\/h2>\r\n\r\n\r\n\r\n

With the developer grants application launching this quarter, contributors can expect to see which dApps and other tokens emerge within Pepe Unchained’s L2.<\/p>\r\n\r\n\r\n\r\n

Furthermore, the project’s recent sneak peek of the L2 offers a promising glimpse of the future Pepe Unchained ecosystem, with the aforementioned new era of Pepe ownership pertaining to a faster, more frictionless, and less costly way to buy a Pepe token.<\/p>\r\n\r\n\r\n\r\n

These factors contribute to the impressive momentum of the Pepe Unchained presale<\/a>, which is now targeting its next milestone of $18 million. Given the recent developments, reaching this goal in record time is entirely feasible.<\/p>\r\n\r\n\r\n\r\n

In fact, with its current funding levels already at record-breaking heights, popular crypto influencer Austin Hilton has dubbed it the best presale ever in a video shared with his 272,000 subscribers.<\/p>\r\n