With the market downturn, it’s mind-boggling how Pepe Unchained ($PEPU) has remained strong and even boosted its presale funds to $7.4 million by Tuesday.
Since last week, early investors in this ultimate Pepe token, which operates on its own new Layer 2 chain on Ethereum, have brushed off recession fears and poured in an additional $700,000.
This shows that Pepe Unchained is unstoppable, with nothing – not even market fears – seeming to slow it down. Investors who’ve bought $PEPU recognize its potential, including a whale who acquired a massive amount of tokens last month.
As more people learn about Pepe Unchained, it’s becoming clear that this is the meme token everyone will wish they had invested in if they don’t get involved soon.
$PEPU is currently priced at $0.0089105 per token, but it will soon increase to $0.00894610 as another successful presale stage wraps up in less than 24 hours.
The $8 million target is within striking distance this week and you can be part of this milestone by becoming a $PEPU holder today.
Market downturn persists as Ethereum drops 24% in one week, with Jump Trading being a key trigger
The top two cryptocurrencies, Bitcoin ($BTC) and Ethereum ($ETH), took a hit on Monday as more bearish news came in. Bitcoin caused everyone a scare by dropping to $49,000, but Ethereum took an even bigger hit, plunging 20% in just 24 hours to below $2,100 – its lowest point since January.
One major reason for Ethereum’s drop is a report from QCP Group, which revealed that Jump Trading was aggressively selling off ETH. A wallet linked to the firm moved 17,576 ETH, worth $46 million, to centralized exchanges over the weekend.
On top of that, wallets with large ETH holdings seem to be gearing up for another massive selloff, Lookonchain data shows:
Also, last week’s U.S. unemployment data rose to 4.3%, the highest since October 2021. July’s job numbers came in at 114,000, way below the 175,000 forecasted, stoking recession fears. This added pressure on the stock market, which in turn affected crypto.
But despite the overall stock market slump, the crash in crypto, and meme coins getting massacred, there’s a bright spot: our favorite froggy friend, Pepe Unchained.
While investors are bailing on major cryptos, and even Warren Buffett’s Berkshire Hathaway is reported to have sold off 50% of its Apple shares, Pepe Unchained has managed to pull in more capital.
What are early investors seeing in $PEPU that the broader market hasn’t caught up with yet?
Pepe Unchained is simply the market’s welcome anomaly, and investors have shrugged off the market downturn because they understand Pepe Unchained is ready to take the crown of king of meme coins.
The crypto market will eventually bounce back, and as soon as it does, new tokens will push their respective sectors forward. The old meme coin favorites, like Pepe ($PEPE), are just not cutting it anymore. They’re expensive, slow, and lack real utility.
Pepe Unchained solves this through its own Layer 2 chain, making it cheaper and faster to get your Pepe fix. Plus, being on its own blockchain paves the way for a fresh economy with new DeFi projects, NFTs, GameFi innovations, and even more meme coins – that’s utility that its predecessor can’t match.
That’s why investors are flocking to Pepe Unchained – they see it as $PEPE’s necessary phoenix rebirth ready to lead the next meme coin bull run.
Even popular crypto influencer ClayBro, with 130,000 YouTube subscribers, agrees that Pepe Unchained is the top meme coin on the rise.
If you want to get in on the action with investors who see Pepe Unchained’s potential, visit its website, connect your wallet, and buy $PEPU with ETH, USDT, or BNB. Credit cards are also accepted.
You can also stake your $PEPU tokens immediately upon purchase for a whopping 263% annual percentage yield (APY).
Plus, you can buy with confidence knowing Pepe Unchained’s smart contract has passed a thorough audit by Coinsult and SolidProof, with zero critical issues.
Don’t let recession fears hold you back – position yourself for potential gains by grabbing $PEPU now
BUY $PEPU HERE
The post Pepe Unchained Shakes Off Recession Fears, Raises an Additional $700,000 in 3 Days – Presale Funds Now Total $7.4M appeared first on Cryptonews.
