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Crypto market revives: Bitcoin up 4% in 24hrs, 10% in a week. Pepe sees a 5% rise. Pepe Unchained gains momentum in $3.5M presale amid market surge.
The crypto market is seeing a revival with Bitcoin up 4% in 24 hours and 10% in a week. Other coins are seeing the benefit, including memecoins, with Pepe one beneficiary of a 5% rise in value.
Meanwhile, a new Pepe-inspired memecoin called Pepe Unchained (PEPU) is also gaining momentum throughout its presale, which has just surged past $3.5M.
And with the crypto market back on the rise, now could be the best time to invest in this unique memecoin.
Pepe Unchained has its own blockchain
Memecoins have dominated in 2024. From Pepe to Mog Coin, these joke tokens have kept captivating the masses and pulling massive returns for investors. But now, a new meta is taking shape: memecoins with utility.
Shiba Inu kickstarted this trend in 2021 with utilities like a DEX and Play-to-Earn game. Newcomers like Bonk and Floki also have integrated utilities. Each of these tokens has enjoyed strong performances against other memecoins recently.
For instance, Bonk flipped its no-utility Solana peer Dogwifhat, and Shiba Inu has outperformed Dogecoin by over 2x in the past year. But until now, there are no utility-centered memecoins that embrace the iconic Pepe the Frog meme.
That was before Pepe Unchained entered the arena.
This token will be the first Pepe-themed cryptocurrency with its own blockchain. It is building an Ethereum layer 2 that is cheaper and faster than the main network while retaining its decentralization and security.
But Pepe Unchained devs are not stopping there. It also has a block explorer, Ethereum bridge, and staking. With the project in its presale, traders don’t have to wait for staking.
The feature is live and offers potential massive rewards, thanks to the project’s lower operational costs. Currently, stakers can garner a 522% APY – that’s a no-brainer compared to Ethereum’s 7% staking.
Investors sink $3.5M in funding into PEPU presale
Market participants have flooded the Pepe Unchained presale. It recently cleared the $3.5 million total raised milestone, indicating that many people are paying attention. But it’s not just investors.
Top crypto influencers and key opinion leaders (KOLs) are also in support. For instance, Jacob Bury cheered on the project when it raised $3 million and said it could be the next 10x memecoin.
“I’ve never seen a memecoin with its own block explorer… I do believe we could see this become the next 2-10x,” he said.
Prominent players like the 99Bitcoins YouTube channel (700K subscribers) and Austin Hilton (271K subscribers) have also covered it.
Despite an already bullish outlook, Pepe Unchained is at an inflection point. Amid unwavering support from top industry analysts, the crypto bull market is regaining momentum.
This could trigger a swift presale sellout and price explosion as $PEPU hits exchanges.
You might also like: Pepe price falls over 20% while Pepe Unchained presale raises $2.5m
Pepe Unchained sees gains as memecoins rally
Memecoins have found concrete support and are now embarking on an upward trajectory. The joke token sector has decisively outpaced the broader market today.
While the total crypto market is up 3.6%, the memecoin sector has risen 7.3% – more than two times the average. Crypto prices have been green for a while now.
The industry’s market cap has increased for seven out of the last eight days. This follows months of bearish momentum, but analysts think the bottom is in.
#Bitcoin white line is key, resistance which will turn to support very soon. Since 54k I tell you bottom is inI am confident we will close above it, if not today, then in the coming days. No new lows are expected. We will close above and continue towards 66-67k next pic.twitter.com/7KFYb8XtPt
— Doctor Profit 🇨🇭 (@DrProfitCrypto) July 14, 2024
With that, it seems the crypto bull market is back. And with memecoins continually outperforming the market, there’s no better time to be an investor.
Pepe Unchained’s position as a new launch with unique utility makes it one to watch. Huge gains must not be ruled out. Investors can buy Pepe Unchained at $0.0084261. However, this price is expected to rise as the presale progresses, with the next increase in 16 hours.
For more information, visit the Pepe Unchained presale website or follow the project on X and Telegram for the latest updates.
Read more: Pepe rises as Layer 2 token Pepe Unchained emerges as new contender
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