Wrapped Dog token has been steadily pumping over the past week, with a 16% surge today and its market cap rising to $15 million.
This showcases the meme coin’s potential to deliver substantial returns for investors. As a result, many are speculating whether Pepe Unchained could follow suit and experience a similar price pump upon its launch.
Wrapped Dog (WDOG) price analysis
Launched on August 5th, 2024, through pump.fun, Wrapped Dog (WDOG) stands out for its commitment to decentralization and unique community engagement strategy.
Unlike many projects that rely on traditional social media, Wrapped Dog fosters interaction through the pump.fun comment section, emphasizing its dedication to decentralized principles.
This direct, unfiltered forum allows buyers to connect and share insights, aligning with the token’s focus on transparency and community-driven innovation.
Wrapped Dog currently boasts a market capitalization of approximately $15 million and is trading at $0.01525.
The token has seen notable gains in the past 24 hours, rising by 16%, while maintaining a positive trend over the past week with a 7.26% increase, and an impressive 60% surge over the past month.
This strong performance coincides with a broader market upswing, with Bitcoin currently trading around $60,000.
The token’s weekly chart and daily technical analysis reveal periods of significant price movement, including a previous surge to a market cap of around $30 million, suggesting substantial potential for future growth.
Current technical indicators show support around the $7 million market cap level, where the token has previously rebounded after dips.
Given the recent price action, including a strong recovery, Wrapped Dog presents a promising opportunity for investors. With its current momentum, the token has the potential to double its market capitalization in the near future.
Wrapped Dog eyes major exchange listings after OX.FUN debut
Wrapped Dog has recently made strides in expanding its presence in the cryptocurrency market. It has been listed on OX.FUN and several other exchanges, although none of these are major platforms yet.
The project is expected to gain further listings on prominent exchanges such as MEXC and LBank, which could enhance its visibility and trading volume. With almost 9k holders, Wrapped Dog demonstrates a growing community of supporters.
The project’s recent performance suggests that it is gaining traction, despite its relatively brief existence. The involvement of whales and significant market players in the token’s growth hints at a well-orchestrated effort to build value over time.
As Wrapped Dog continues to evolve, it is crucial for investors to stay informed about new opportunities. One such opportunity is the presale of the Pepe blockchain, which is nearing its end.
The Pepe Unchained presale offers a chance to invest in what is expected to be a major player in the cryptocurrency space, with promising features and a robust technology foundation.
The presale has already raised over $13 million, indicating strong interest from institutional and retail investors alike.
If you’re looking for investment opportunities that could offer big returns and increase in value during the next bull run, check out our guide here for the best crypto presales of 2024.
Pepe Unchained: Top crypto presales to consider for your investment portfolio
Pepe Unchained (PEPU) is a new ICO set to transform the ETH meme coin landscape with its Layer 2 network, designed to deliver faster transaction speeds and reduced gas fees compared to Ethereum.
Pepe's blockchain is charging up!
Get ready as we prepare to unleash something big ⚡️🐸 pic.twitter.com/RKQIgbRmxV
— Pepe Unchained (@pepe_unchained) September 16, 2024
Having raised $13.5 million, $PEPU continues to attract substantial investor interest despite the current downturn in the meme coin market, driven by its cutting-edge blockchain technology and impressive 152% staking APY.
With its presale nearing completion, $PEPU follows a dynamic pricing structure, requires no minimum investment, and is gaining momentum thanks to endorsements from prominent influencers and extensive coverage across crypto news outlets.
Its emphasis on marketing, security, and long-term growth—reinforced by audits from SolidProof and Coinsult—has cultivated a strong and active community.
Many experts anticipate that Pepe Unchained will become one of the leading meme coins after its DEX debut and the rollout of its Layer 2 solution. To participate in the $PEPU token presale, go to pepeunchained.com.
