Pepe Price Soars as Pepe Unchained Meme Coin Surges to Over $3.5 Million in Presale

Pepe price is up 7.65% in the past 24 hours, after hitting a low of $0.000007650 on July 5, the coin is up again by almost 30% to reach nearly $0.00001 today.

However, skeptics question Pepe’s growth potential, pointing to the overall bullish crypto market as the main contributor to its rise.

While the question of Pepe’s growth remains open, investors are looking at a new coin still in its ICO phase called Pepe Unchained, which has raised over $3.5 million in less than a month.

Baby Leads the Charge Among Top Rising Meme Coins

Of the top 10 meme coins last week, Pepe saw the most growth. The entire meme coin space is growing, with DOGE up 3.8% and SHIB and WIF both up around 2.8%. However, Pepe remains the clear winner in part due to how much it fell in the last market downturn.

Pepe has an incredibly powerful presence. As one of the most important figures in meme culture since its inception, it’s easy to include Pepe in most current events.

A photo of Pepe has caused a stir on Twitter, depicting him in the same pose as former President Donald Trump during his recent shooting.

$PEPE pic.twitter.com/n1LZ2vruko

— Jimmy 🐸 (@JimmyTheMemer) July 14, 2024

A strong presence in meme culture like Pepe is essential for the growth of meme coins, however, that doesn’t mean that’s all there is to it. Plazma, an influencer with over 18,000 followers on Twitter, also predicted Pepe’s pump today.

$PEPE stock has been showing a lot of strength lately. It’s poised to take off. pic.twitter.com/79whVg0h3a

— Plazma (@Plazma0x) July 14, 2024

After its surge today, Plazma was bullish on Pepe, predicting that it will eventually overtake Dogecoin. However, Pepe’s growth remains uncertain, due to multiple factors at play in its rise.

Will Pepe continue to rise?

One of the major factors that contributed to Pepe’s growth was the general rise in the cryptocurrency market. Bitcoin has grown by more than 5% to exceed $63,000 today, and major players in the cryptocurrency market have followed suit.

This rapid growth has been driven in part by the shooting of former President Donald Trump, which many speculate could lead to the pro-crypto candidate winning the election.

Another factor that makes Pepe’s growth even more questionable is that its performance over the past month has been lackluster at best, falling by 21.81% overall. Many of its competitors have fallen by less, such as Dogecoin, which is down 14.66%.

According to IntoTheBlock data, Pepe whales who own between $100k and $10m worth of PEPE have been selling slowly, with their holdings down by more than 10%. However, this has rebounded slightly today, and whales may be back with today’s pump.

Since its launch, PEPE has been a risky token that should not be underestimated. Over the past year, it has grown by almost 460%, and has had more trading volume than Solana at its peak.

As the largest meme coin on the ETH network, Pepe could still break its all-time high of $0.00001717 on May 27.

With Pepe’s future looking uncertain, some investors are looking to a unique ICO called Pepe Unchained that has the same meme appeal but offers an innovative benefit.

Pepe Unchained Rides Pepe Wave to Hit 3.6 Million in ICO

Pepe Unchained is an innovative coin inspired by Pepe and comes with its own layer 2 protocol. PEPU aims to provide an instant bridge between its Pepe Chain and ETH, as well as significantly reduced transaction fees and speeds up to 100x faster than ETH.

Designed from the ground up to develop a meme coin, Pepe Unchained has already raised over $3.6 million in its pre-sale. It’s selling for $0.0084261 per coin, which experts believe could be the lowest price we’ll ever see.

Analysts are very bullish on PEPU, expecting its utility to generate PEPE-level returns after its launch on its decentralized exchange. For example, popular YouTuber Jacob Berry predicted 10x returns after PEPU reached $3 million during the presale.

PEPU also shows great potential thanks to its token economy. With 20% of the 8 billion token supply allocated to the presale and another 30% allocated to staking with an expected price ratio of 520%, PEPU promises to reward early investors greatly.

With only 12 hours left until the next price surge, investors better act fast to get their share of the pie.

Visit Pepe Unchained Presale

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