Whale buys memecoin as cryptocurrencies retreat
This Thursday (03), only six of the 100 largest cryptocurrencies on the market rose. Among memecoins, however, they all depreciated, reflecting investors' greater caution. However, the Pepe Unchained (PEPU) memecoin continues to prosper, especially after its presale broke the US$17 million mark.
Even though memecoins lost US$7 billion from their market value, PEPU continued in the opposite direction. Proof of this was that a whale acquired around 5 million tokens in pre-sale, paying around US$50,000 in this transaction.
The value may seem low, but the PEPU memecoin price in the current pre-sale round is still less than $0.01. Therefore, this investment presents a strong return potential and shows that traders continue to see Pepe Unchained as a differentiated project in this market.
bloodbath
Spot trading volumes for memecoins actually jumped to $9 billion in the last 24 hours – but this is likely due to panic selling volume. Furthermore, the Crypto Fear & Greed Index also dropped to 42, meaning the market is back in “Fear” mode.
Now, everyone is wondering: is this just a one-off or is it the beginning of a longer “crypto winter”? There's no immediate answer to this question, but the memecoin situation is looking pretty bleak.
On the other hand, investors have shifted their focus to tokens that are in pre-sale, with the aim of seeking new sources of profit. One of the reasons is that the price of these tokens is not yet on the market, which means that they are immune to the strong volatility of recent days.
Furthermore, given their cheap price and pre-launch status, these tokens have huge upside potential. The HIPPO token, for example, was recently launched and has already appreciated in such a way that some traders have made profits of more than US$2 million in just a few days.
Of course, these projects generally have no attraction and even pose excessive risks, but others do have some value for their users. And Pepe Unchained is one of them.
memecoin launch
Pepe Unchained capitalizes on the popularity of memecoins using the famous Pepe the Frog meme. However, unlike purely speculative projects, it offers a series of real incentives and utilities.
Its biggest attraction, in financial terms, is the staking service, which has attracted investors with the promise of consistent returns. The annual percentage yield (APY) of more than 125% offers great profit opportunities, which justifies the growing interest.
But the great utility of Pepe Unchained lies in its technology, as this network works as a Layer 2 of Ethereum focused on launching memcoins. That's why it has affordable gas fees and the ability to process transactions 100 times faster than Ethereum, serving as an excellent alternative for creating smaller financial projects.
Therefore, if you want to take advantage of the opportunities that the PEPU token offers, hurry up, as the current round ends soon. Visit the official pre-sale website and secure your tokens.