Two meme coins, Moo Deng and Pepe Unchained, are gaining traction with Moo Deng reaching a $70 million market cap and Pepe Unchained raising $15 million in its presale.
The Solana meme coin Moo Deng (MOODENG) and the new ICO Pepe Unchained (PEPU) tokens both reached considerable milestones.
Moo Deng, a two-month-old pygmy hippopotamus from the Khao Kheow Open Zoo in Thailand, has recently gone viral, attracting more than 25 million views – it was only a matter of time before a meme coin also appeared.
Enter the Moo Deng token (MOODENG). Within a few days after its launch two weeks ago, it reached a market cap of $70 million.
The mischievous comedy of the coin has garnered attention from the biggest Moo Deng fan page on Twitter (which now has almost 39,000 followers, compared with the 10,000 people who hold the coin).
The rapid growth of this momentum on social media has also resulted in MOODENG becoming the fourth-biggest meme coin on the site Pump.fun, climbing above significantly better-resourced tokens such as Billy (BILLY), Smoking Chicken Fish (SCF) and even Daddy Tate (DADDY), the meme coin endorsed by the controversial Andrew Tate.
But while Moo Deng’s virality continues to transcend, another project is hot on the social media crypto scene for a very different reason: bringing the latest in cutting-edge technology to the meme coin niche.
Pepe Unchained: $15 Million Raised and Counting
While Moo Deng exploits cuteness to boost its infant hippo coin to its present market cap, PEPU exploits both faddish meme coin culture and technological innovation.
The initiative has just cleared its largest obstacle – its presale raised $15 million – and it is far from a stopping point.
BUY $PEPU NOW AT ITS LOWEST PRICE POINT
Pepe Unchained seeks to solve the scalability issue relating to meme coins. PEPU is a layer-2 solution that specialises in meme coins. As a blockchain structure built for meme coins, PEPU can be seamlessly utilised on protocols like Ethereum to further scale them due to their excessive network congestion when it comes to high volumes of trading.
In fact, Pepe Unchained is offering something other than just another meme coin. It’s a technical solution that claims will make trade particularly suited for ‘fly-off-the-handle’ meme coins which are faster, cheaper and more intuitive for trading.
The presale has attracted interest from Dogecoin (DOGE) and Shiba Inu (SHIB) investors who missed the beginning of the meme coin boom. Pepe Unchained still gives them a chance to invest early on a cranked-up version of the original meme, this time fused with practical blockchain applications.
Early investors can buy PEPU tokens currently at a price of $0.00985, with the price set to rise in a matter of days. The project has currently amassed over 15,000 followers on Twitter and 7,500 members on Telegram.
Alongside its technical features, Pepe Unchained has also started a ‘Pepe Frens With Benefits Collective’ that gives blockchain developers financial rewards for working on applications built on the PEPU layer-2.
INVEST IN $PEPU EARLY BEFORE IT BECOMES NEXT 100X CRYPTO
Pepe Unchained is garnering attention from mainstream crypto analysts such as ClayBro, a YouTuber who recently described PEPU as a balance of ‘meme culture and developing tech’ and predicted that this combination would cause the price to rise.
PEPU will offer competitive early investor staking rewards and early investors could benefit from an annual yield of 150%. The project has already seen a staggering 1 billion tokens staked by retail and institutional investors.
With Moo Deng hitting a market cap of $70 million and Pepe Unchained selling $15 million of tokens in weeks, these meme coins are showing no signs of slowing down. Pepe Unchained presale is moving extremely fast – look out for PEPU tokens before the price hike.
The post Meme Coin Surges Alert: Solana Meme Coin Moo Deng Hits $70M Market Cap and Pepe Unchained Raises $15M in Just Weeks! appeared first on Coinfomania.