PEPE Update – November 26, 2024: Pioneering Growth in the Memecoin Market
, a prominent player in the memecoin sector, has gained significant traction following its recent BitMart listing, driving a surge in price and increasing investor interest. Speculation about potential listings on major exchanges such as Binance and Coinbase is further fueling market excitement.
Presale Performance
The PEPE Unchained presale has achieved remarkable success, raising $11.8 million within just seven days.
At the current pace, the presale is projected to reach $80 million by its launch on December 13.
With an average daily investment of $1.69 million, the total funds raised have already exceeded $40.3 million, reflecting strong investor confidence.
Price Analysis and Market Trends
Over the past week, $PEPE has risen by 57.85%, surpassing critical resistance levels at $0.000017 and $0.00002.
Currently trading at $0.00002028, the token is experiencing a brief market correction.
Technical analysis suggests the potential for renewed upward momentum as market conditions stabilize.
Layer-2 Technology and Ecosystem Development
PEPE Unchained is leveraging layer-2 technology to address Ethereum congestion, targeting 100x faster transaction speeds and significantly lower fees.
The project’s goal is to establish its own blockchain network, enabling decentralized applications and expanding use cases.
Developer Support and Launchpad Initiatives
A developer grant program has been introduced to foster blockchain innovation within the PEPE ecosystem.