Friday, August 30, 2024: Pepe Unchained has raised over 11 million in pre-sale funds and is rapidly advancing towards its goal of becoming the prominent Pepe token in the meme coin space.
The fund raised is expected to exceed 12 million next week and this increase is supported by a strong momentum. On Wednesday, it is observed that the interest of existing Pepe owners who sold 1 tr has decreased.
Pepe Unchained stands out as an innovative alternative to PEPE, offering lower transaction costs and faster transaction times. The new private blockchain will provide the same cost efficiency and serve as a launchpad for future meme coins and other tokens.
It is wondered whether Pepe whales are ready to upgrade to the superior Pepe Unchained. For existing owners, the discounted pre-sale price of PEPU still offers an opportunity to invest early. However, this price will increase to 0.00942260 in 48 hours. The project has successfully completed another round of funding.
On Wednesday and Thursday, exchanges reported a significant amount. According to Coinglass data, whales traded $8.64 million worth of liquids, a nearly equivalent amount. This volume may seem small for a coin with a market cap of $3.2 billion, but it can have a significant impact on the price.
Over the past three months, PEPE has lost 45.91% of its value, which is considered a major decline for a token that was a leader in the meme coin market at the beginning of the year.
But the biggest threat to PEPE isn’t just the big whale withdrawals. The main reason behind these withdrawals is that the crypto market is turning to better alternatives. While Pepe will find his place in the meme world, there can only be one Pepe that can meet the demands of the crypto market, and for now it looks like Pepe Unchained.
With the whales pulling out of PEPE, Pepe Unchained has surpassed its $11 million funding target. Last month, a whale invested $20 million in PEPU. While it has yet to be listed on a major exchange, Pepe Unchained has the potential to overtake PEPE as the third meme coin.
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I EXPLAIN IN DETAILED.
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WHEN WILL THE REWARD COME?
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