Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only.
Crypto Market Rebound: Bitcoin up 4% in 24 hours, 10% in a week. Pepe sees 5% surge. Pepe Unchained gains momentum in $3.5M presale amid market rally.
The cryptocurrency market is on the rebound, with Bitcoin up 4% in 24 hours and 10% in a week. Other coins are also benefiting, including memecoins, with Baby enjoying a 5% rise in value.
Meanwhile, a new Pepe-inspired memecoin called Pepe Unchained (PEPU) is also gaining momentum throughout its presale, which just surpassed $3.5 million.
With the cryptocurrency market on the rise again, now might be the perfect time to invest in this unique currency.
Pepe Unchained has its own blockchain.
Memecoins have been dominating 2024. From Pepe to Mog Coin, these funny tokens have been captivating audiences and generating huge returns for investors. But now, a new currency is taking shape: utility memecoins.
Shiba Inu started this trend in 2021 with utilities like DEX and Play-to-Earn. New companies like Bonk and Floki have also integrated utilities. Each of these tokens has performed strongly against other memecoins recently.
For example, Bonk undercut its Solana counterpart Dogwifhat, and Shiba Inu outperformed Dogecoin by more than two times last year. But so far, there are no coins that focus on interest and embrace the popular Pepe the Frog meme.
That was before Pepe Unchained entered the scene.
This will be the first Pepe-branded cryptocurrency to have its own blockchain. It is building on Ethereum Layer 2, which is cheaper and faster than the mainnet while maintaining decentralization and security.
But the developers of Pepe Unchained don’t stop there. It also includes a block explorer, an Ethereum bridge, and storage. And with the project in presale, traders don’t have to wait to store coins.
The feature is now live and offers potentially huge rewards, thanks to the project’s low operating costs. Currently, investors can earn an annual return of 522% — a no-brainer compared to the 7% for Ethereum investors.
Investors Invest $3.5 Million in PEPU Pre-Sale Funding
Market participants have flooded the Pepe Unchained pre-sale. It recently crossed the $3.5 million mark, indicating that a lot of people are paying attention. But it’s not just investors.
The project is also backed by major crypto influencers and opinion leaders. For example, Jacob Perry hyped the project when it raised $3 million and said it could be the next meme coin that will see 10x returns.
“I’ve never seen a memecoin with its own block explorer… I think we could see this become the next 2-10x,” he said.
Notable players like YouTube channel 99Bitcoins (700k subscribers) and Austin Hilton (271k subscribers) also covered the event.
Despite the already bullish outlook, Pepe Unchained is at a turning point. Amidst the steady support from top industry analysts, the cryptocurrency market is regaining momentum.
This could lead to a quick pre-sale and price explosion as $PEPU hits the exchanges.
Pepe Unchained Sees Gains as Memecoins Price Soars
Memecoins has found significant support and is now on an upward trajectory. The token sector has decisively outperformed the broader market today.
While the overall crypto market is up 3.6%, the memecoin sector is up 7.3% – more than double the average. Crypto prices have been in the green for some time now.
The industry’s market cap has risen for seven of the past eight days. This comes after months of bearish momentum, but analysts believe the bottom has been reached.
However, it seems that the crypto bull market is back. With memecoins consistently outperforming the market, there has never been a better time to invest.
Pepe Unchained’s status as a new coin with unique utility makes it worth following. And massive gains should not be ruled out. Investors can buy Pepe Unchained at $0.0084261. However, this price is expected to rise as the presale progresses, with the next increase coming in 16 hours.
For more information, visit the Pepe Unchained pre-sale site or follow the project on X and Telegram for the latest updates.
Disclosure: This content is provided by a third party. Crypto.news does not endorse any product mentioned on this page. Users should do their own research before taking any actions related to the company.