Memecoins

Meme Coin Prices Are Falling, But Pepe Unchained Is Bucking the Trend: $3 Million Raised and Counting

Published

2 months ago

19 July, 2024

The meme coin market has been sluggish in the past few days. However, the decline has not affected Pepe Unleashed ($PEPU). The meme coin raised $3 million when it launched presaleIn a pioneering approach, Pepe Unchained introduces a layer 2 dedicated to meme coins. It is expected to become a hotspot for meme coins in 2024.

Pepe Unchained strategically exploits the viral potential of the Pepe label and the long-term utility of Layer 2.

https://x.com/pepe_unchained/status/1810971162928882059

Why Pepe Unchained

Pepe Unleashed has achieved impressive pre-sale success in a short period of time.

Invest and Earn on ET Money – Get up to 9.5% Yield per Year

Growing traffic to the pre-sale suggests that Layer 2 technology is about to take over the meme coin market.

Cryptocurrencies like Pepe have long suffered from the inadequacies of Layer 1 blockchains. Despite Pepe’s market cap soaring to $7 billion, it has failed to inspire strong price movements in recent weeks.

Pepe’s reliance on Ethereum is a hindrance to its growth. Ethereum has moved to a proof-of-stake model, but this still poses problems, especially during bull markets.

High gas costs and network delays are a real problem.

Pepe Unchained’s New Layer-2 blockchain The environment is specifically designed for meme coins. This sets the native token, $PEPU, apart in the crowded meme coin space.

The unique Layer 2 infrastructure increases the token’s potential utility and market relevance.

Meme coins often lose momentum after an initial surge. However, their high utility could support demand for $PEPU in the long term.

Investors are eagerly buying $PEPU during the presale to avoid paying a large sum for the token later. The token will be available on major trading platforms. crypto exchanges once the pre-sale is over.

But before that, early investors can get them at fixed and reduced prices.

Next Coin to Watch

Pepe Unchained is not the first Layer 2 in history. There have been many before, like Polygon and Arbitrum.

They have significantly addressed Ethereum’s shortcomings. But Pepe Unchained is the first to be dedicated to meme coins.

Pepe Unchained improves the scalability, speed, and efficiency of meme coin transactions. It allows investors and traders to handle higher transaction volume at lower costs.

“PEPE Unchained means better speed, better rewards, and the same delicious Pepe flavor you love,” notes the white paper .

Built to be a hundred times faster than Ethereum, Pepe Unchained is a blockchain ecosystem to watch this year and beyond.

In a market where timely decision making can result in massive gains and losses, Pepe Unchained has great relevance.

Higher staking rewards are another interesting outcome of Layer 2.

By offloading Layer 1 transactions, Pepe Unchained reduces operational costs and increases efficiency. This leads to higher rewards for stakers.

Meme coins that opt into Pepe Unchained Layer 2 will also benefit from cheaper gas fees.

The Next Big Hot Spot for Meme Coin Creators and Traders

The growth of the Base and Blast Layer 2 channels has been nothing short of phenomenal.

If their explosive growth and adoption are any indication, the sector has enormous potential.

This provides context to the growing traffic to the $PEPU presale. Strategic and speculative investors are accumulating the token at presale prices.

The project successfully exploits this trendy niche, while creating a unique meme identity.

If the project maintains its momentum, it could become the next big magnet for meme coin creators and traders. It provides fertile ground for DApps, games, and NFTs, all focused on meme coins and memes.

Pepe Unchained has completed not one, but two audits by SolidProof and Coinsult. They are published for everyone to see and verify on the website.

Pepe Saturation Helps Pepe Unchained

Pepe is one of the most iconic meme coins in history.

Although new projects like Dogwifhat and Bonk stole third place for a while, Pepe regained his dominant position.

Pepe’s meteoric rise also highlights the immense growth potential of the meme coin market.

That said, Pepe has largely saturated.

For a better perspective, let’s look at its price-performance ratio this year.

Pepe Price Evolution Over 1 Year, CoinMarketCap

Pepe has jumped 518% in one year.

This says little about his journey. Pepe reached his peak in May. He reached an all-time high of $0.00001718 on May 27, 2024.

Since then, Pepe has lost 45% of its value. While Pepe had a market capitalization of $7 billion at its peak, it has now fallen to $3.85 billion.

Pepe is likely to hold on to the third position in the meme coin ranking for a longer period of time. But new investors don’t have much to gain from it. It’s hard for Pepe to achieve a multiple ascent in the near future.

This explains why Pepe investors are increasingly diversifying into new meme currencies like Pepe Unchained. The Pepe Unchained community now has 6,500 followers on Twitter and over 2,500 users on its Twitter account. Official Telegram channel

Crypto analysts and publications have featured the project at the top of their lists in recent days.

Pepe Unchained strategically unlocks Pepe’s craze with utility.

He made up for Pepe’s lackluster performance in recent weeks with a hot pre-sale.

As a new meme coin, $PEPU will have a lower market cap than established meme coins like PEPE, DOGE, SHIB, and BONK.

Staking rewards further contribute to the buying frenzy before the sale.

$PEPU Short Presale Window Now Open: Attractive Discounts and Staking APY for Early Birds

Investors are hoarding $PEPU at a low price before it launches on the first exchange.

Early birds are eligible for attractive discounts and higher wagering rewards.

To join the $PEPU presale, visit Pepe Unchained official website The pre-sale process is simple. It supports payments in ETH, USDT, BNB, and fiat cards.

Disclaimer: The above content is not editorial and TIL (Times Internet Limited) hereby disclaims all warranties, express or implied, relating to the same. TIL does not provide any investment advisory services in any manner whatsoever and the publication of this content does not imply endorsement by TIL or Economic Times. TIL strongly advises users to take all necessary steps to ensure that the information and content provided is correct, up-to-date and verified and/or speak to a qualified investment professional before making any investment decision.

Fuente

Related Topics:blockchain crypto exchanges Layer 2 Pepe Unleashed presale price of same coins

Up Next

Milk Inspired Meme Coins: MILK Meme Coin

Don't Miss

Here’s Why Pepe Memecoin Is Bounced Back By Investing.com

TokenTalk Staff

We are the editorial team of TokenTalk, where seriousness meets clarity in cryptocurrency analysis. With a robust team of finance and blockchain technology experts, we are dedicated to meticulously exploring complex crypto markets with detailed assessments and an unbiased approach. Our mission is to democratize access to knowledge of emerging financial technologies, ensuring they are understandable and accessible to all. In every article on TokenTalk, we strive to provide content that not only educates, but also empowers our readers, facilitating their integration into the financial digital age.

Click to comment

Memecoins

Memecoins dominate major derivatives in terms of open interest | Flash News Detail

Published

2 months ago

1 August, 2024

TokenTalk Staff

Bitcoin Dominance May Have Peaked, Ethereum ETF Could Trigger Altcoin Momentum

Disclaimer

Disclaimer: Blockchain.news provides content for informational purposes only. Under no circumstances shall blockchain.news be liable for any direct, indirect, incidental or consequential damages arising out of the use of, or inability to use, the information provided. This includes, but is not limited to, any loss or damage resulting from decisions made based on the content. Readers should conduct their own research and consult professionals before making any financial decisions.

Fuente

Memecoins

Have a profitable August with Shiba Inu and Mpeppe (MPEPE) Don’t miss the winnings

Published

2 months ago

1 August, 2024

TokenTalk Staff

Have a profitable August with Shiba Inu and Mpeppe (MPEPE) Don't miss the winnings

August offers investors a unique opportunity to capitalize on the potential gains offered by Shiba Inu (SHIB) and Mpeppe (MPEPE)These two memecoins take advantage of the viral nature of internet memes and popular culture, attracting a diverse and enthusiastic audience. In this article, we’ll look at why Shiba Inu (SHIB) and Mpeppe (MPEPE) are poised for gains this month and why you shouldn’t miss out on the potential profits.

The viral power of memecoins

Memecoins have the inherent ability to leverage the viral nature of internet memes and popular culture references. This can lead to rapid spread of the cryptocurrency’s brand and message across various online platforms, potentially appealing to a broader and more diverse audience. Shiba Inu (SHIB) and Mpeppe (MPEPE) are great examples of how this viral potential can translate into substantial community growth and market presence.

Shiba Inu: riding the wave of popularity

Shiba Inu (SHIB) has established itself as a major player in the memecoin space. With its cute canine mascot and strong community support, Shiba Inu (SHIB) has gained a significant following. The coin’s ecosystem continues to grow, with projects like ShibaSwap adding to its utility and appeal. Investors are optimistic about Shiba Inu’s future, expecting it to ride the wave of popularity that has kept it in the spotlight.

Ecosystem expansion

THE Shiba Inu (SHIB) The Shiba Inu (SHIB) ecosystem is constantly expanding, offering new features and utilities that enhance its value proposition. Projects like ShibaSwap provide users with opportunities to stake and earn rewards, making Shiba Inu (SHIB) more than just a meme currency. This expansion helps solidify its market position and attract a wider audience.

Balancing humor and professionalism

Mpeppe (MPEPE) offers a unique and light-hearted approach to the serious world of digital assets, balancing humor and professionalism. Inspired by internet memes and the dynamic energy of football fans, Mpeppe (MPEPE) is quickly gaining traction in the crypto community.

Mpeppe (MPEPE) offers an opportunity to reach a younger demographic and tap into the viral nature of internet culture. By balancing humor and professionalism, Mpeppe (MPEPE) appeals to a wide audience, from casual meme enthusiasts to serious investors. This strategy is similar to the one that made Shiba Inu (SHIB) so successful, but with a modern twist.

Expanding Reach and Adoption

Mpeppe’s (MPEPE) ability to leverage internet culture means it has the potential to rapidly expand its reach and adoption. The memecoin’s branding and community-driven approach make it accessible and appealing, much like Shiba Inu (SHIB) in its early days.

Why August is the month to invest

As the cryptocurrency market experiences a surge in interest, August presents a great opportunity to invest in promising assets like Shiba Inu (SHIB) and Mpeppe (MPEPE) Both coins are well positioned to capitalize on the growing interest in memecoins, driven by their unique appeal and active communities.

Conclusion: Don’t miss the benefits

Shiba Inu (SHIB) and Mpeppe (MPEPE) are poised for a profitable August, leveraging their viral potential and strong community support to attract a diverse audience. With the cryptocurrency market in full swing, now is the perfect time to consider investing in these promising memecoins. Just as Shiba Inu (SHIB) captivated the crypto world with its unique appeal, Mpeppe (MPEPE) is poised to make its mark. Don’t miss out on the potential gains these innovative digital assets have to offer.

For more information on the Mpeppe presale (MPEPE):

Visit Mpeppe (MPEPE)

Join us and become a member of the community:

https://t.me/mpeppecoin

https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ

Fuente

Memecoins

Solana down 8% as its coins Dogwifhat, Billy and Neiro fall further

Published

2 months ago

1 August, 2024

TokenTalk Staff

Solana climbs 4% on the back of rising Meme Coins and Alts

Solana, the fifth-largest crypto asset by market cap, has fallen 8% in the past 24 hours, according to CoinGeckolike his Meme Coin Market Prices of some coins, which can be notoriously volatile, have fallen by as much as 43% in the past day.

As the cryptocurrency market bleeds with Bitcoin (Bitcoin) down 2.7% and Ethereum (ETH) 4.2%, Solana (GROUND) was the hardest hit among the top 10 cryptocurrencies, falling 8.2% to $168 on the day, according to data from CoinGecko. Along with this, meme coin Solana suffered huge losses.

The biggest loser in the last 24 hours is the bigger of the two Black (NEIRO) on Solana which fell nearly 44% to $0.01821. These tokens were launched after the owner of Kabosuthe Shiba Inu that inspired the Doge meme, announced that she had adopted a new dog named Neiro. Interestingly, her rival on the network launched an hour beforealso called Black (NEIRO), is up 75.2%. It appears that the Solana Neiro Civil War is far from being decided.

Other big losers include: Pump.fun’s Favorites Billy (BOWL), down 26.4%, and Michi (MICHI), which fell 24.5%. Over the past 24 hours, both tokens have flipped their market caps multiple times, but dog token Billy is currently in the lead with $94 million, about $3 million ahead of Michi.

Dog with hat (Wireless), the largest meme coin on Solana, was also hit, dropping 12.4%. Bonk (BONK), the second-largest Solana meme coin, fell 9.1%. In fact, among the top 50 Solana meme coins by market cap, only four tokens are in the green, with Zoomer (ZOOM IN) leading the pack with 41.1%.

Meme coins are notoriously high-risk assets and tend to post disproportionate losses when the broader market experiences a downturn.

Brain (BRAIN), Michi (MICHI), Mini (MINI), Shark cat (SC), and many others, for example, have suffered greater losses in the last 24 hours than any of the top 100 cryptocurrencies by market capitalization.

In the world of meme coins, when it rains, it rains.

Edited by Stacy Elliott.

Fuente

Memecoins

Trader Says Bitcoin’s Path to $100,000 Is ‘Currently Programmed’, Updates Outlook on Memecoin That’s Up Over 18,000% YTD

Published

2 months ago

1 August, 2024

TokenTalk Staff

Trader Says Bitcoin's Path to $100,000 Is 'Currently Programmed', Updates Outlook on Memecoin That's Up Over 18,000% YTD

A widely followed analyst and trader expresses bullish sentiment on Bitcoin (Bitcoin) while offering his take on the memecoin built on Solana (GROUND) blockchain ecosystem.

Starting with Bitcoin, the analyst known by the pseudonym Altcoin Sherpa tell His 219,000 followers on social media platform X say Bitcoin is on the verge of hitting a six-figure price.

“There will be bumps along the way, but Bitcoin’s path to $100,000 is on schedule. Don’t get rattled or lost along the way.”

Source: Altcoin Sherpa/X

At the time of writing, Bitcoin is trading at $66,236.

According to For the widely followed trader, Bitcoin enjoys strong support between $63,800 and $65,000, where the 25, 55, 89 and 200 exponential moving averages (EMAs) on the daily chart have clustered.

Source: Altcoin Sherpa/X

Next up is the Solana-based memecoin Popcat (POPCAT). The pseudonymous trader and analyst said that among the cat memecoin family, POPCAT is one of the “best” in the long run.

Altcoin Sherpa, however, says POPCAT looks bearish on the short-term four-hour time frame and needs to climb above a range low between $0.694 and $0.724 to avoid falling further.

Source: Altcoin Sherpa/X

POPCAT was trading at $0.00379 on January 5th and is now at $0.704, a gain of approximately 18,475%.

Altcoin Sherpa also offers his take on dogwifhat (Wireless), Solana-based Memecoin. According to For the pseudonymous analyst, WIF “still looks pretty good for now” on the four-hour chart with the “best” support area sitting around $2.10.

“The average would probably be $2.30 to $2.10 if I were you and I was swing trading this one.”

Source: Altcoin Sherpa/X

WIF is trading at $2.27 at the time of writing.

Don’t miss a thing – Subscribe to receive email alerts directly to your inbox

Check Price action

follow us on X, Facebook And Telegram

Surf The Daily Hodl Mix

&nbsp