The post Meme coin prices dip; traders move to $40M Pepe Unchained ICO for massive potential gains appeared on BitcoinEthereumNews.com.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Pepe Unchained presale tops $40M, funding crypto’s first Pepe-themed Ethereum layer 2 as the meme coin sector cools down. After weeks of what felt like “up-only,” the meme coin sector has begun to cool down today. However, viral presale token Pepe Unchained (PEPU) shows no signs of letting up as its total raise surges past $40 million. The presale is raising funds to build crypto’s first Pepe-themed Ethereum layer 2 blockchain, a use case appealing to everyone from meme coin fanatics to utility coin-maxis. But after unparalleled success, the presale will close in 18 days. This means that those seeking the current fixed price must act quickly.  Meme coins flatline after month of gains The meme coin sector has been on fire the past month, led by Dogecoin, which added $40 billion to its market cap. However, as Bitcoin teeters below $100K, profit-taking has begun to occur and prices have plunged today. It’s red across the board for meme coin majors, with Shiba Inu showing the most weakness with a 4.15% dive. Meanwhile, DOGE has fallen 2.38% and Pepe by 2.74%. But it’s not just meme coins. Most large-cap cryptos have been affected by this selling pressure, which has resulted in almost $500 million in futures contract liquidations, per CoinDesk. But despite this, some meme coins have stayed afloat. Watch those that hold strong on market crash Any cryptos that can remain above water – while everything else is crashing – are clearly doing something right. If tokens can keep generating demand while everything else falls, it means investors have whole-hearted belief, which lays the way for significant inflows once the market recovers. Alongside Pepe Unchained, Peanut the Squirrel,…

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Filed under: News - @ November 25, 2024 9:22 pm