The cryptocurrency market is starting this September with some notable losses. Bitcoin (BTC) stood out, falling as low as $55,500 on Tuesday. Still, whales are confident and are buying the dip. They are doing the same for Pepe Unchained ($PEPU), pushing the amount raised in the presale to $12 million.
Pepe Unchained ($PEPU): Investor Interest Grows Daily – $12 Million Raised So Far
The bar of $12 million has been reached for the pre-sale of Pepe Unchained ($PEPU). While the threshold of $11.5 million was reached on Monday, ICO participants added 500 000 dollars in 48 hours.
All this indicates one thing: the $PEPU project is convincing more and more investors. If this funding round remains on the same momentum, a record amount could be raised by the end. However, to participate with a more affordable price, it would be wise to make your decision now.
As the hours go by, we are getting closer to the next round of the ICO and therefore a price increase. At the time of writing, $PEPU is available at 0,0094982 $. This price should increase to 0,00953620 $ in less than 2 p.m.
Whales Prepare for Q4 2024 by Accumulating More Bitcoin ($BTC)
After August, September started with notable declines in the cryptocurrency market. As recently as Tuesday, Bitcoin ($BTC) saw its price drop by 2,77 % before rising slightly on Wednesday. While this bearish phase may seem worrying, it should be remembered that September is historically a less favorable month for cryptos.
Aware of these realities, whales take advantage of the opportunity to buy the dip. September 3, Lookonchain notably reported that a major BTC trader made a new purchase of $19 million. An acquisition that brought its purchases to $136 million on the last five days.
This whale holds overall 8,881 BTC currentlyeither $523 million. At the same time, another investor known by the nickname of « Mr 100 » bought 300 BTC the same day. Which corresponds to a transaction valued at approximately $17 million.
Given all this, we can deduce that whales are optimistic about bitcoin, but also about the overall market. In fact, some investors are also setting their sights on nascent projects like Pepe Unchained.
Cumulative $85,000 Purchase for Two Whales in Pepe Unchained ICO
In the $500,000 raised In the last 48 hours, two whales have particularly stood out among the participants. Together, they have acquired 85 000 $ of $PEPU during this period. The first identified investor invested 24.4 ETH worth $56,289.81 to buy $PEPU.
Source : Etherscan
The second participant injected 10,8 ETHeither 25 990,65 $ of $PEPU. However, it should be noted that whales have already made themselves noticed in this pre-sale. During the month of July in particular, a single address had invested nearly $200,000 in $PEPU.
Source : Etherscan
As an investor, it is such acquisitions that could lead you to promising investment choices. Whales have a great influence on the crypto market. They are sometimes entities with more pronounced experience in the sector, unlike beginners or average traders.
Furthermore, it is worth noting that the hype surrounding $PEPU is not surprising. This is for the simple reason that Pepe Unchained is leading a revolution in the memecoin ranks, with its own layer 2.
A layer 2 that is 100 times faster and with much more flexible gas fees than Ethereum
Memecoins that operate on the Ethereum network, such as $PEPE or $PEPECOIN, expose their holders to the network’s main problems. In fact, in addition to its security, Ethereum is a much too slow blockchain that requires quite high gas fees.
It is to avoid such conditions for its holders that Pepe Unchained plans to launch its own layer 2 on Ethereum. Thus, this network will benefit from the robustness of its layer 1, while ensuring 100x faster transactions and advantageous fees.
Furthermore, due to its position, Pepe Unchained can position itself as the future hub of memecoins in this ecosystem. It could thus host other promising memecoin projects. This will provide better visibility to $PEPU, an essential condition for increasing adoption.
$PEPU is a memecoin with 10x potential, according to 99Bitcoins
Pepe Unchained ($PEPU) is causing a real buzz in the cryptocurrency market. Traders are actively participating in its ICO. At the same time, market experts praise the potential of the project. For example, 99Bitcoins experts rank it among the five new memecoins with 10x potential.
If you also align with this prediction, it might be time to participate in the presale. To do so, simply join the Pepe Unchained website and connect your wallet to acquire PEPU. The project is secure as confirmed by Coinsult and SolidProof audits.
You can follow the progress of the pre-sale and the development of the project on its X page and its Telegram channel.
Risk Warning
This article informs you about the latest developments in the crypto industry. None of the material mentioned here should be considered investment advice. Investing in cryptocurrencies is risky and requires personal research.
Source : Etherscan
Read also:
Related News :