There is a remarkable movement in the cryptocurrency market. According to analyst Ali Martinez, whales, who are large Bitcoin investors, have either sold or moved approximately 30 thousand BTC to other wallets in the last few days. The total value of these transactions has reached $ 1.83 billion.
These large sales by whales have caused anxiety in the markets. The fact that Bitcoin has remained below the $60,000 level has caused these movements to attract more attention. While the expectation of a decrease in the price of Bitcoin in the short term is increasing, experts agree that these sales could negatively affect the market.
These movements of whales are arousing curiosity among small investors. The large purchases made in some projects in recent days are drawing attention. Therefore, below we will examine three projects that whales are turning to.
Pepe Unchained: Targets $19 Million with Fast Transactions and Layer 2 Solutions$PEPE
Those who purchased the Pepe Unchained token may have participated in the largest presale of 2024. The project has raised more than $18.5 million to date, and this interest shows that this is no ordinary meme coin. Inspired by the Pepe the Frog meme, this Layer 2 blockchain project offers fast transactions, low fees, and a variety of DeFi features.
Another noteworthy feature is the “double staking” feature. That is, you can stake your PEPU tokens even before the presale is complete; more than 1.34 billion tokens have been staked at the moment.
Pepe Unchained’s goals are also generating excitement among investors. Its own private Layer 2 blockchain, Pepe Chain, aims to be 100 times faster than Ethereum. They also plan to offer useful tools like a decentralized exchange (DEX) and a bridge to Ethereum for easy token swaps. These innovations are expected to make trading meme coins simpler and propel the project into a billion-dollar market.
Purchasing PEPU is quite easy; the project accepts various payment methods such as ETH, USDT, BNB, and even credit or debit cards. This makes it easy for different investors to participate. In addition, the fact that it has been approved by two major security firms, Coinsult and SolidProof, increases the trust in the project.