Article 6QGSV Pepe Unchained Hits $12M in Presale as The Smart Money Invests In The Ultimate $PEPE

Pepe Unchained Hits $12M in Presale as The Smart Money Invests In The Ultimate $PEPE

by
Alpa Somaiya
from Techreport on (#6QGSV)
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  • Pepe Unchained ($PEPU) has reached another significant milestone, raising over $12M in its presale.
  • On Tuesday, whales invested significantly in $PEPU, totaling nearly $83K. The purchases contributed to a rapid influx of capital to boost the additional funding since Monday to over half a million dollars.
  • $PEPU may be the new top meme coin when the bull run returns.

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Pepe Unchained ($PEPU) has reached another significant milestone, raising over $12M in its presale.

Early Wednesday, the capital stood at $11.85M, but the new meme coin that sports its own Ethereum Layer-2 quickly added $150K in less than 24 hours.

Originally projected to hit the $12M mark by the end of this week, Pepe Unchained achieved this goal ahead of schedule, thanks in part to whales who have scooped up massive amounts of $PEPU during the market-wide dip on Tuesday.

Currently priced at $0.0094982, $PEPU will increase to $0.00953620 as the presale advances to the next stage of fundraising efforts.Whales Buy Into Pepe Unchained

On Tuesday, as Bitcoin ($BTC) lingered near $55,500 with most meme coins in a blood bath, several major investors seized the opportunity to invest heavily in the Pepe Unchained presale.

One notable transaction involved the purchase of 24.4 $ETH, valued at $56,735 at the time, securing over 6M $PEPU. An hour later, another investment of 10.8 $ETH, worth $26,196.65, acquired approximately 2.76M $PEPU.

Totaling nearly $83K, these transactions contributed to a rapid influx of capital to boost the total additional funding since Monday to over $500K.

This activity comes after an earlier substantial investment in Pepe Unchained, where a whale invested nearly $200K in $PEPU in July.

Despite not yet being listed on exchanges, Pepe Unchained ($PEPU) is increasingly attracting investor attention as an improved version of Pepe ($PEPE).

In related movements, approximately 40M $PEPE, valued at around $293K at the time, was recently transferred not to a whale's wallet but to the crypto exchange OKX, according to $PEPE Whale Alerts.

1f6a8.png1f40b.png Whale Alert! 1f40b.png1f6a8.png

39,999,603,536.00 $PEPE 1f438.png ($293,997.09 USD) 1f4b8.png was transferred from 0x7707...b60 to #OKX https://t.co/ivaSMvJuT2

- $PEPE Whale Alerts (@pepewhalealerts) September 5, 2024

At its current price, $PEPE can still make a profit for those who invested earlier in the year. However, for smaller investors, these whales' movements of large amounts to exchanges could be concerning.

Although these movements don't immediately indicate a sell-off, it's worth noting that on August 29, roughly 1.16T $PEPE, worth about $8.64M, was also transferred.

The New Top Meme Coin When the Bull Run Returns - $PEPU

Going on past performance, this time of year isn't favorable for Bitcoin, and as the leading cryptocurrency trends upward, altcoins - including meme coins - often follow suit.

This month is pivotal for positioning portfolios for crypto exposure in the next quarter. Savvy investors should pay attention to significant capital movements.That's because both individual and institutional whales frequently have more profound insights into emerging projects.

What can we learn from the movement between the predecessor $PEPE and the successor $PEPU? It indicates an exodus of capital from the older version to a new and improved version. And that comes with its own Layer-2, making acquiring Pepe faster and cheaper.

Popular YouTuber ClayBro shares the same bullish outlook for Pepe Unchained. In the video he shared with his over 130K subscribers, he notes the meme coin's potential to lead the sector.

If you haven't joined the presale yet, there's still time. Visit the Pepe Unchained official website. Connect your wallet and purchase $PEPU using $ETH, $USDT, or $BNB. You can also pay with your credit card.

Pepe Unchained's smart contract has passed rigorous audits by Coinsult and SolidProof, and no critical issues have been identified.

The next target is $13M.

Visit Pepe Unchained.

The post Pepe Unchained Hits $12M in Presale as The Smart Money Invests In The Ultimate $PEPE appeared first on The Tech Report.

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