Meme coins on the Solana network led the gains across the crypto sector, rising by 30% in the last twenty-four hours.$SOL
Solana’s SOL token gained 30% in value from the beginning of the week until last evening, but then fell by around 3%.
POPCAT is up 17%, WIF is up 12%. Smaller tokens MUMU and CATDOG are also up close to 30%, but have seen small declines since then.
Trading volume on the Solana network more than doubled to $3.3 billion from $1.5 billion on Monday, according to data provided by DefiLlama, suggesting that investors are increasingly inclined to take risks.
The prospect of the launch of the SOL exchange-traded fund (ETF) has created an air of optimism in the ecosystem, with the potential to become the third spot token available to professional investors in the U.S. after Bitcoin (BTC) and Ethereum (ETH).
Analysts are keeping a close eye on Pepe Unchained token purchases after SOL-based meme coins surged amid volatility.
Pepe Unchained Raises Funds Rapidly in Volatile Market
Considering the current state of the market, Pepe Unchained (PEPU) continues to show remarkable strength. Funds raised through the pre-sale have now reached $7.6 million. It is possible to purchase Pepe Unchained tokens for $0.0089461, but buyers should keep an eye on the price increase over the next day.
Pepe Unchained has been going strong, unaffected by market conditions, and is seeing a lot of interest from investors, including a whale who bought a significant amount of tokens last month. The project’s $8 million target is approaching this week, and those who purchase Pepe Unchained tokens today can be a part of this significant milestone.
Ethereum and Bitcoin Continue to Fall
Ethereum has lost 24% of its value in the past week, and the market has experienced an ongoing crash due to Jump Trading. As a result of the negative news on Monday, Bitcoin (BTC) and Ethereum (ETH) lost value. Ethereum lost 20% in just twenty-four hours, hitting its lowest level since January. While Bitcoin’s drop to $49,000 is causing concern, Ethereum has taken a bigger hit.
One of the reasons for Ethereum’s decline is attributed to Jump Trading’s aggressive selling of ETH. Over the weekend, a wallet associated with the company transferred 17,576 ETH worth a total of $46 million to centralized exchanges.
As investors flee major cryptocurrencies and Warren Buffett’s Berkshire Hathaway reportedly sells 50% of its Apple shares, Pepe Unchained is managing to attract more capital.
Next Meme Coin That Will Make 100x: Pepe Unchained
While the cryptocurrency market is expected to recover, new tokens will move the industry forward. Pepe (PEPE) and other old meme coins have lost their former influence. Pepe Unchained solves these problems with its Layer 2 chain, providing a faster and more cost-effective solution. In addition, being on its own blockchain opens the way for a new economic ecosystem with new DeFi projects, NFTs, and other meme coins.
Investors see Pepe Unchained as a leading candidate among meme coins that will make 100x. Those interested in the project can visit the website to purchase PEPU tokens with ETH, USDT or BNB. Credit cards are also accepted.
The project also draws attention with its staking mechanism. Up to 255% annual return (APY) is offered to those who stake Pepe Unchained tokens. There are more than 627 million tokens in the staking pool, so it may be necessary to hurry to take advantage of this opportunity, as the APY rate will decrease as the pool expands.
Pepe Unchained’s smart contract passed comprehensive audits by Coinsult and SolidProof with zero critical issues.
Even as fears of a global recession grip financial markets, Pepe Unchained continues to raise funds and appears to have a bright future.
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