Pepe Unchained Raises $11.5M In ICO, Positioned To Lead Renewed Meme Coin Supercycle
Release: 2024/09/03 00:16 Reading: 490
Pepe Unchained: A Promising Upgrade in the Meme Coin Realm
Pepe Unchained ($PEPU) has garnered over $11.5 million in its presale, including a hefty $500,000 secured in the past four days. Investors recognize Pepe Unchained as a significant upgrade over its predecessor, Pepe ($PEPE). As the meme coin supercycle anticipates a resurgence in the fourth quarter, Pepe Unchained is poised to lead the charge.
The bullish sentiment has sparked a competitive drive among investors to acquire $PEPU. This momentum is projected to propel the funding capital to surpass $12 million in the coming days. The price of $PEPU has recently reached $0.0094603, and it is set to increase to $0.00949820 within 48 hours in the upcoming price stage.
The Potential Resurgence of the Meme Coin Supercycle
Bitcoin ($BTC) remains the bellwether cryptocurrency, dictating market sentiments. Its recent 8.46% value decline has been replicated in most alternative cryptocurrencies. This has resulted in only 18 of the top 50 cryptocurrencies outperforming Bitcoin in the past 90 days.
Historical data suggests that Bitcoin's performance may improve in the coming months. October is typically its third-best performing month with an average gain of 26.9%. November has also been historically profitable, delivering an average increase of 36.01% since 2011. These months could trigger an altcoin season and reignite the meme coin supercycle.
In the first half of 2024, Pepe ($PEPE) dominated the meme coin sector with impressive gains, maintaining a year-to-date increase of 473%. However, the market has expressed a desire for an upgrade, devoid of Ethereum limitations.
Pepe Unchained: A Promising Replacement
The substantial funding raised by Pepe Unchained, amidst the current market downturn, underscores the demand for a $PEPE upgrade. Notably, whales have exhibited declining interest in $PEPE, with around $8.96 million worth being moved from large holders' wallets to exchanges.
If Bitcoin's historical trends hold true, the market may embrace a new leading meme coin. Based on current momentum, Pepe Unchained appears to be the favored candidate.
Pepe Unchained addresses the limitations of $PEPE by employing its own blockchain, offering lower transaction costs and faster processing times. This advancement enhances existing features and paves the way for future meme coins.
Pepe Unchained has the potential to replicate the remarkable success of $PEPE earlier this year, where an investor turned $3,000 into $46 million, according to Lookonchain. Such returns have the capacity to transform lives within the crypto space.
Upcoming Developments
Pepe Unchained's Layer 2 solution is reportedly nearing its launch on X. The project's roadmap includes a potential listing on a major exchange, which could significantly boost its price.
Pepe Unchained has passed comprehensive audits by Coinsult and SolidProof, ensuring the security and integrity of its smart contract. The project maintains an active presence in the crypto community on X and Telegram.
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