A red envelope is waiting for you in the pinned post. Limited quantity.
Bitcoin (BTC) continues to rise for the third week in a row as it attempts to break above $66,000 and approach $68,000, a level not seen since last July. Amberdata data indicates that this scenario is likely to happen thanks to the bullish momentum generated by the placement of call options at the $75,000 level.
These positive trades came after huge investments entered Bitcoin spot ETFs, which exceeded $1 billion last week.
Thanks to the increased demand for Bitcoin, the crypto market in general has made impressive gains, especially in the meme coin sector, which reached a total market cap of $53.4 billion last Sunday. Despite a slight decline on Monday, several major meme coins performed impressively over the past week, with Shiba Inu (SHIB), DogWifHat (WIF), and Pepe (PEPE) rising by 25.83%, 37.57%, and 32.40%, respectively.
The meme coin buying spree seems to have spread to the new PEPU IPO, with a whale making a massive purchase that helped the project reach a new high. Last Friday, he bought 5.2 million PEPU for 19.69 ETH, worth around $51,000. This is the second massive purchase the IPO has seen in September, following a $56,000 purchase on September 9.
This positive activity - from Bitcoin to promising coins like PEPU - shapes the crypto market's performance in the coming months, as it is expected to achieve huge gains during October and November.
Pepe Unchained team shares teaser video of its blockchain
Pepe Unchained (PEPU) fundraising efforts are gaining strong momentum, surpassing $1.5 million per week, and if it reaches $17 million by next Wednesday, it will have raised over $2 million in just two weeks, with this pace expected to continue as the project grows.
On the other hand, the hype surrounding the project has been growing as investors eagerly await the launch of its layer-2 blockchain, especially after a teaser video was shared on social media. In a recent post on X, the Pepe Unchained team showcased the project’s promising prospects by revealing its blockchain features, which include a testnet, a decentralized exchange (DEX), and advanced analytical tools.
This comes on the heels of the team’s announcement on September 19 of a developer grant to encourage developers to explore the project’s blockchain and compete for the Pepe Council grant. Naturally, these developments have boosted expectations that PEPU will become the next Pepe the Frog-themed coin.
In short, once its Layer 2 blockchain is launched, the Pepe Unchained project aims to make the problems of owning Pepe coins, such as high gas fees and slow transaction processing on the Ethereum blockchain, obsolete, as the new blockchain has low fees and fast transaction processing, which will push meme coins and other Pepe the Frog coins to the forefront.
You still have a chance to join the PEPU IPO before it achieves 200x returns similar to NEIRO
With Pepe Unchained's IPO approaching $17 million, now is the golden opportunity to join the bandwagon and acquire PEPU at its discounted price.
The surge in interest in PEPU reveals growing interest in the project’s potential, and its listing on a major exchange could push its price to new highs, similar to the 200x return of First Neiro on Ethereum (NEIRO).