Pepe-Themed Meme Coins Pumping as Pepe Unchained Raises $14.1M in Presale
Pepe Unchained ($PEPU) has raised $14.1 million in its presale as Pepe-themed coins surged on Friday.
From $13.8 million on Thursday, Pepe, with its own blockchain, attracted an additional $300,000 in 24 hours, bringing its total funding to the current amount.
Much of the new influx of capital came from renewed bullish interest in the crypto industry following the Fed’s surprising 50 basis point rate cut, which lifted digital asset prices since Wednesday.
In addition, Pepe Unchained has announced developer grants for builders looking to expand its L2 ecosystem, drawing more investors to its platform and causing its predecessor, Pepe ($PEPE), to look worryingly over its shoulder.
Pepe Unchained’s native token, $PEPU, is currently priced at $0.00981 until the next funding round starts in less than 19 hours, at which point the presale token price will be set at $0.00982.
Meme coins are back in vogue, cruising past the $40 billion market cap and currently shining at $42.63 billion.
Trading volumes have surged by 5.11% in the past 24 hours, reaching an impressive $5.57 billion.
Among the hottest tokens grabbing investor attention are the popular Pepe-themed coins. PeiPei ($PEIPEI) leads the pack, which has jumped 37.49% overnight and a remarkable 58% over the last seven days.
PeiPei (ETH) price today, PEIPEI to USD live price, marketcap and chart | CoinMarketCap
Following closely is PepeCoin ($PEPECOIN), which soared 10.11% in just one day and climbed 43% in one week. The third-most valuable meme coin, $PEPE, has seen a solid 5.62% bump since Thursday.
While these Pepe-themed meme coins have fared well lately, the ultimate version of Pepe, $PEPU, has outdone all of them by breaking yet another presale milestone, earning it the
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