Pepe Unchained Surges Past $21M In Presale After $50K Whale Buy As Meme Coin Market Cap Hits $62B
Release: 2024/10/21 22:04 Reading: 741
Pepe Unchained ($PEPU) raised a remarkable $21 million in its presale, as meme coins collectively surpassed a market valuation of $62 billion on Monday.
Building on its recent $20 million milestone, the burgeoning meme coin has amassed over $1.2 million in fresh contributions within the past four days alone.
Aiming for $22 million this week, Pepe Unchained is capitalizing on heightened interest fueled by its grant applications for Layer 2 blockchain projects.
After a sluggish start to the month, the cryptocurrency market has rallied, allowing Pepe Unchained to attract additional investors.
Interested parties can acquire $PEPU for $0.0112 before the next funding stage raises the price to $0.0115 within the next 24 hours.
Since its presale launch, $PEPU has surged by 40%, with the upcoming round anticipating a further increase of 3.75%.
Crypto Market Cap Surges, Tether and ApeCoin Lead Gains
The total cryptocurrency market capitalization has skyrocketed to $2.36 trillion, with Tether ($USDT) playing a pivotal role in achieving a $120 billion valuation on Sunday.
Tether's rise signals a reversal in its seven-month downtrend, indicating increased investor confidence in stablecoins for crypto investments.
Excitement is building for Bitcoin ($BTC) to reach new highs during the anticipated "Uptober" period. CoinMarketCap data suggests a shift in market sentiment toward greed.
ApeCoin ($APE) has witnessed an impressive 107% increase in the past week, soaring by 200% from its yearly low, reaching a market cap of $1.5 billion.
This surge is attributed to the launch of ApeChain, a blockchain network for minting NFTs, trading, and decentralized applications.
Pepe Unchained Emerges in the Meme Coin Landscape
Pepe Unchained is a rising star in the meme coin sector, featuring its own blockchain network. In just four months of fundraising, it has achieved notable milestones.
Its latest success coincides with the sector's $62 billion market cap, bolstered by a growing community and whale participation.
Whale Purchases Drive Presale Momentum
Whale purchases have been frequent for Pepe Unchained. One whale acquired $50,000 worth of $PEPU earlier this month, and others have made substantial purchases exceeding $50,000 in recent weeks.
These investments indicate institutional or investor confidence in $PEPU's potential.
Pepe Unchained Community Flourishes
The Pepe Unchained community is rapidly growing, with over 51,100 followers on X, approaching the popularity of PepeCoin ($PEPECOIN).
This strong community support, coupled with significant investor capital, suggests the potential for $PEPU to grow exponentially upon listing on exchanges.
Developer Grants Program Announced
Pepe Unchained has introduced a dedicated section on its website for receiving grant applications for its upcoming Layer 2 blockchain.
Innovative ideas utilizing Pepe Unchained's blockchain technology will be eligible for funding.
Influencer Engagement and Smart Contract Audits
Crypto influencer ClayBro has highlighted the project's recent announcements, attracting further attention.
Pepe Unchained's smart contract has undergone audits by Coinsult and SolidProof, confirming its security and stability.
Join the Pepe Unchained Community
Interested participants can acquire $PEPU through the project's website using ETH, USDT, BNB, or credit cards.
Stay informed about Pepe Unchained's developments by joining its community on X and Telegram.
Visit Pepe Unchained for more information.
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