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Cryptocurrency News Articles
Pepe Coin (PEPE) Surges 30% in a Week, Unchained (PEPU) ICO Tops $4M
Jul 18, 2024 at 06:10 pm
In recent days, Pepe Coin has shown remarkable upward momentum, boasting a substantial 30% increase over the past week. This increase highlights
Pepe Coin (CRYPTO: $PEPE) has shown remarkable upward momentum in recent days, boasting a substantial 30% increase over the past week. This increase highlights growing investor interest and heightened market activity.
A significant factor contributing to $PEPE’s recent value surge is the accumulation by large whale investors. As a frontrunner in the meme coin sector, Pepe Coin has outpaced other top 10 meme coins in terms of growth.
The broader cryptocurrency market has also seen positive movement, with Bitcoin (CRYPTO: $BTC) climbing over 11% to exceed $64,000, setting a favorable backdrop for meme coins.
As of now, Pepe Coin is priced at $0.0000118, with a 24-hour trading volume of $954 million and a market cap of $5.10 billion. In the past 24 hours, the $PEPE price has increased by 1.10%. Technical indicators point to a bullish trend for Pepe Coin. $PEPE is currently trading above its 200-day simple moving average (SMA) of $0.00000687.
The Relative Strength Index (RSI) is at 61.56, approaching the overbought zone, while the Moving Average Convergence Divergence (MACD) indicates a bullish crossover, showing increasing momentum. These signals suggest that $PEPE’s current upward trend may continue in the near future.
For a detailed analysis of Pepe Coin price predictions, watch the video above and subscribe to his YouTube channel for more crypto-related content. Additionally, join Jacob Crypto Bury’s Discord server for trading tips and updates on upcoming crypto presales.
In other news, Investors Flock to Pepe Unchained as Presale Tops $4 Million
With the overall uptrend in the meme coin sector, Pepe Unchained (PEPU), a new meme ICO, has recently achieved a significant milestone with a $4 million presale. This fresh project utilizes Layer-2 (L2) solutions to deliver increased speed, efficiency, and twice the staking rewards.
Pepe Unchained retains the beloved features of its predecessor while significantly enhancing its functionality and user experience. As its momentum continues to build, investors are optimistic about a substantial surge following its launch later this year.
Pepe Unchained tackles the persistent issues of slow transaction speeds and high fees that affect many Layer 1 blockchains. By processing transactions off the main Ethereum chain, it significantly reduces network congestion and associated costs.
Another set of chains broken! An incredible $4M raised so far for Pepe's Layer 2 blockchain. Pepe Unchained is unstoppable! 🐸💪 pic.twitter.com/wSd49PwMeg
— Pepe Unchained (@pepe_unchained) July 17, 2024
This strategy improves the user experience and makes the token more accessible to a wider range of investors. The project also offers attractive staking rewards for $PEPU holders, with the potential for impressive estimated annual yields of 450%.
The development team plans to distribute these rewards over two years, with 30% of the total supply allocated for staking rewards, highlighting their commitment to investor engagement. Pepe Unchained has successfully passed audits by Coinsult and SolidProof, enhancing its credibility in an industry often troubled by scams.
Early investors are purchasing discounted tokens at $0.0083926 each, with prices set to rise as the presale continues. The presale accepts investments in $ETH, $USDT, $BNB, or by bank card, with a minimum purchase of 1,000 $PEPU tokens.
There is high anticipation for significant growth once it launches and is listed on major exchanges. For the latest updates on the Pepe Unchained presale, follow their X page (formerly Twitter) or join their Telegram channel. To take part in the $PEPU token presale, visit pepeunchained.com.
See More: Best Cryptos to Buy Now
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