Pepe Unchained Benefits From Crypto Bull Cycle as Whales Push Presale to $28 Million

The post Pepe Unchained Benefits From Crypto Bull Cycle as Whales Push Presale to $28 Million appeared first on Coinpedia Fintech News

Pepe Unchained ($PEPU) is the hottest presale meme coin on the market right now.

After celebrating raising $27 million on Tuesday, it is now just $150K away from busting the $28 million barrier.

Liquidity is pouring in and everyone from ordinary people to crypto’s rich and wealthy are getting involved.

They say following the money is one of the best strategies for getting rich in crypto. If that’s the case, traders should examine Pepe Unchained closely.

On-chain data reveals deep-pocketed whales are dropping huge investments into the $PEPU presale.

On Tuesday, one trader spent 14.64 ETH (over $47,000) to buy Pepe Unchained. Another invested 16.4 ETH ($53,000) on the same day.

And while most people had their feet up last weekend, one whale made a 19.99 ETH purchase worth $65,000.

This whale activity shows that already successful market players believe in Pepe Unchained. This sets the tone for smaller investors, who are also pouring in en masse.

51K people follow its X account, and over 12K are in its Telegram community.

Pepe Unchained is drawing demand from investors, large and small, which will allow for continued growth after the presale ends.

The positive reaction to Donald Trump winning the US election has been a big driver in the market-wide crypto rally this week. 

Adding to that, Bitcoin touched $90K on Tuesday for the first time in history, and Dogecoin reached its highest price since June 2021. Traders’ confidence is soaring, so they’re taking big bets on new emergents like Pepe Unchained to maximize their gains.

However, Pepe Unchained is unlike anything already on the market. 

Notably, it has Pepe’s viral branding and artwork, which is an attention grabber among Pepe fans. Pepe has been on fire this week, adding $1.6 billion to its market cap. So, its unsurprising $PEPU has raised $27 million.

Yet, its artwork amounts to very little compared to its main draw: an Ethereum layer 2 blockchain for meme coins.

Wow 27M!!!!!

The PEPU community support is incredible! Pepe has entered a complete zen state because of all the love. PEPU #1!!