Meme Coin Pepe Unchained Raises Over $2.75 Million in Presale, Defying Market Downturn
Pepe Unchained ($PEPU) continues to leapfrog expectations, having raised over $2.75 million in presale funds.
On Saturday, the new meme coin, which has its own blockchain on top of Ethereum, had already surpassed the $2.5 million mark – and it didn’t stop there, adding another $250,000 in just 24 hours.
Pepe Unchained seems to have missed the broader crypto market memo, as it homes in on the $3 million milestone this week – potentially hitting the target before its one-month anniversary, while elsewhere caution is the watchword.
Currently priced at $0.0083258, the $PEPU price will jump to $0.00835910 in less than two days in the next stage of its presale.
Hurry and jump aboard to secure your stake before the market resumes the bull trend and sends $PEPU investors on a ride to the moon.
The crypto market downturn in the past few weeks is nothing new.
It was largely triggered by the return of stolen Bitcoins from the 2014 Mt.Gox hack and recent BTC transfers by the German government, which caused immense selling pressure on Bitcoin, impacting the entire market.
The meme coin sector has not escaped the carnage. Top tokens like Dogecoin ($DOGE), Shiba Inu ($SHIB), and Pepe Unchained’s outdated version, $PEPE, have seen declines of 26.1%, 30.2%, and 30.4%, respectively, over the past month.
However, Pepe Unchained’s presale funds raised are a welcome anomaly, defying the market’s bearish sentiment.
While the broader crypto market has shifted towards fear – with data showing a drop below the 40 level on the CoinMarketCap Fear & Greed Index – Pepe Unchained’s presale fervor seems to be in “extreme greed”.
In fact, the $250,000 raised in just over 24 hours marks an enviable 10% increase, despite most coins shedding a
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