Pepe Unchained ($PEPU) has reached yet another significant milestone, raising over $12 million in its presale.
Early Wednesday, the capital stood at $11.85 million, but the new meme coin that sports its own Ethereum Layer 2 quickly added $150,000 in less than 24 hours, pushing the total to its current amount.
Originally projected to hit the $12 million mark by the end of this week, Pepe Unchained achieved this goal ahead of schedule, thanks in part to whales who have scooped up massive amounts of $PEPU during the market-wide dip on Tuesday.
Currently priced at $0.0094982, $PEPU will increase to $0.00953620 as the presale advances to the next stage of fundraising efforts.
On Tuesday, as Bitcoin ($BTC) lingered near $55,500 and most meme coins in a blood bath, several major investors seized the opportunity to invest heavily in the Pepe Unchained presale.
One notable transaction involved the purchase of 24.4 ETH, valued at $56,735 at the time, securing over 6 million $PEPU.
An hour later, another investment of 10.8 ETH, worth $26,196.65, acquired approximately 2.76 million $PEPU.
These transactions, totaling nearly $83,000, contributed to a rapid influx of capital to boost the total additional funding since Monday to over half a million dollars.
This recent activity follows an earlier substantial investment in Pepe Unchained, where a whale invested nearly $200,000 in $PEPU back in July.
Despite not yet being listed on exchanges, Pepe Unchained ($PEPU) is increasingly attracting investor attention as an improved version of Pepe ($PEPE).
In related movements, approximately 40 million $PEPE, valued at around $293,000 at the time, was recently transferred not to a whale’s wallet but to the crypto exchange OKX, according to $PEPE
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