This week’s meme coin rally continues to impress investors.

Pepe (PEPE) just saw another 10% increase, showing it can still produce double-digit gains.

At the same time, Pepe Unchained (PEPU) has just passed $14 million in presale.

Clearly, frog-themed meme coins are a hot topic right now.

PEPE’s been on a hot streak, pushing to levels we haven’t seen since August 27th.

The coin is now trading at $0.0000084 – which has made long-term holders happy.

That’s a 10% jump from yesterday and a 20% surge from Wednesday’s low.

If this momentum continues, PEPE will likely see its fourth green day in a row.

But investors aren’t getting too excited, since PEPE still has a long way to go before returning to May’s all-time high of $0.0000171.

Adding to the excitement around PEPE is its trading action.

Spot volumes have exploded, up another 35% to reach $954 million in the past 24 hours.

That’s enough to make PEPE the 9th most traded cryptocurrency in the world.

Open interest is also climbing, hitting $54 million.

This shows more investors are jumping into the market and buying PEPE for speculative purposes.

It’s not just PEPE seeing green – the whole meme coin scene is heating up.

The total meme coin market cap just broke $45 billion, packing on a solid 7% since yesterday.

And traders are going wild, with spot volumes hitting $7.7 billion.

All of the big players are posting gains.

Dogecoin is up 2%, while Shiba Inu has climbed 3%.

But DogWifHat has been the star of the show, with a 10% gain in the past 24 hours.

Neiro is the only coin missing out – dropping 2%.

So, what’s behind all this bullishness?

The Fed cut interest rates by 50 basis points on Wednesday, and that’s got investors buzzing.

When rates get cut, cryptocurrencies look more attractive.

Meme coins often benefit from this trend.

With further rate cuts expected in future FOMC meetings, the meme coin bull run could just be getting started.

Alongside established meme coins, there’s a new coin causing a stir – and it hasn’t even launched yet.

Pepe Unchained is performing well, having just blown past the $14 million mark in its presale.

Crypto Twitter can’t stop talking about it.

So, what’s this project all about?

The team is building a Layer-2 network just for meme coins.

Think of it as a dedicated network for all those hilarious tokens to thrive.

This network, called the “Pepe Chain,” will reportedly be 100 times faster than Ethereum and have a dedicated block explorer.

According to the project’s whitepaper, PEPU will be its native token.

Right now, investors can snag PEPU tokens in the ongoing presale for just $0.00981 each.

The team accepts payments using ETH, USDT, BNB, and credit/debit cards.

And once the presale wraps up, they intend to list PEPU on a DEX, marking the first time its price will be dictated by supply and demand factors.

There’s already a huge buzz on Twitter and Telegram about this planned listing.

This buzz strengthened even more after Pepe Unchained’s team got the PEPU token audited by Coinsult and SolidProof.

These audits found no vulnerabilities in the token’s code.

With meme coins like PEPE having such a hot week, it’s no surprise that Pepe Unchained is benefiting from the excitement.

It’s a project many are watching as we prepare to enter Q4 2024.

Visit Pepe Unchained Presale

 

 

 

 

 

 

 

 

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