Monday 11 November 2024 – Pepe Unchained ($PEPU) has raised $26.6 million in its presale as Bitcoin ($BTC) soars close to an all-time high of $82,000, setting off what’s being called a ‘Moonvember’ rally in the crypto world.
The crypto market is in full swing, with the Greed and Fear Index soaring into ‘extreme greed’ territory. This has pushed the total market cap of all cryptocurrencies up by $150 billion, crossing the $2.75 trillion mark on Monday.
Among the winners, meme coins have seen the most action, with a massive 18.5% increase in the last 24 hours, climbing from $73.69 billion to $87.33 billion. Pepe Unchained, the standout token in this rally, has added $1.6 million in just four days.
Thanks to a major whale purchase, Pepe Unchained’s presale now totals nearly $27 million. With demand growing ahead of its exchange listing, investors still have a chance to join the presale at $0.01259, but the price will rise in less than 14 hours when the next funding round begins.
With Bitcoin Nearing $100K, What’s Next for Pepe Unchained and Other Meme Coins?
When Bitcoin first surpassed $20,000 in 2020, the idea of it reaching $100,000 seemed like a pipe dream. Skeptics dubbed it a bubble, comparing it to ‘tulip mania.’
But after surviving crypto winters and major industry scandals, Bitcoin has shut down the doubters. With its recent surge, the $100,000 target feels more possible than ever.
This potential rise is fueled by low interest rates globally, giving Bitcoin the boost it needs. Plus, as The Crypto Dev points out on X, post-election periods have historically been when Bitcoin hits 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
Some may think Bitcoin is too expensive to buy now, but WealthSquad’s Chris noted on X that future generations will likely look back in disbelief, wishing they could’ve bought Bitcoin for under $100,000 – just like today’s generation complains about boomers snatching up property at much lower prices.
The same way young people complain about how boomers bought houses for under $100k, the next few generations will complain about us buying Bitcoin under $100k
— WealthSquad Chris 🌴 (@CJ_Johnson17th) November 10, 2024
As Bitcoin pushes higher, the ripple effect is being felt in altcoins, with investors flocking to them in search of faster returns. Among altcoins, meme coins are grabbing the most attention.
Meme coins are outpacing Bitcoin’s growth, with Dogecoin ($DOGE) up 23% in the last 24 hours, and Shiba Inu ($SHIB) climbing 13.9%. DogWifHat ($WIF) has also surged by 23.12%, thanks to Solana’s rise into the $100 billion club.
It’s often the newer tokens that see the greatest gains, though. Right now, one of the best alt coins you can buy is Pepe Unchained. In just four months, the token has raised over $26 million in presale, rapidly approaching the $100 million mark.
Whales Eye Pepe Unchained as the Next Big Meme Coin Breakout
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 are often a strong indicator of smart money at work, with large investors and funds backing projects they see as high-potential.
With whales already supporting Pepe Unchained in its early presale, the token shows promise as a potential breakout for investors seeking opportunities beyond Bitcoin and the mainstay meme coins.
Why Pepe Unchained Has Caught the Attention of Crypto Whales
There’s a reason why Pepe Unchained is one of the best meme coins in the eyes of whales. It recently rolled out some important updates, including the development of an Ethereum L2 chain aimed at resolving the current challenges surrounding Pepe token ownership.
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:
Want In on the Pepe Unchained Presale? Here’s How to Join
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 Pepe Unchained’s site, 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.
