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Reading: Pepe Unchained Raises Over $5M in One Month, Despite Altcoin Season Not at its Peak
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Gulf Press > Uncategorized > Pepe Unchained Raises Over $5M in One Month, Despite Altcoin Season Not at its Peak
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Pepe Unchained Raises Over $5M in One Month, Despite Altcoin Season Not at its Peak

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Last updated: 2024/07/24 at 2:09 AM
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Pepe Unchained ($PEPU) has recently raised over $5 million in funding, with its latest version featuring its own Layer 2 chain on Ethereum. Investors continue to pour capital into Pepe Unchained, viewing it as the new face of the cryptofication of meme culture. With the native token priced at $0.008596 and set to jump even higher, now is a prime time to invest before it hits major exchanges. Meanwhile, Bitcoin has surged above $67,000, while Ethereum climbed to $3,482 as the market anticipates new ETFs. Despite a slight slowdown in the crypto market, meme coins like Pepe ($PEPE) and DogWifHat ($WIF) have continued to see positive growth.

The market may not yet be in full altcoin season despite the strong performance of meme coins. The Altcoin Season Index currently stands at just 24, indicating that investors are still focused on Bitcoin. However, with meme coins outperforming Bitcoin and the potential for a second wave of gains, there is room for significant growth in this sector. Pepe Unchained has been attracting attention for its innovative approach and unique features, such as its own Layer 2 chain on Ethereum, which reduces the cost of acquiring $PEPU tokens.

Pepe Unchained has been recognized as a top 10 Layer 2 chain on Ethereum, offering scalability, lower transaction fees, and increased throughput. The project aims to seamlessly merge internet culture with financial sovereignty, creating a new ecosystem that runs alongside Ethereum. With a 1% daily return through staking and a solid amount of $PEPU tokens already locked up, investors are showing confidence in Pepe Unchained’s potential. The project’s smart contract has undergone thorough audits, further adding to investor trust in the platform.

Investors looking to capitalize on Pepe Unchained’s potential can do so by purchasing $PEPU tokens on the project’s website using various payment methods. While the crypto market may not be in a full altcoin season, the strong performance of meme coins like Pepe Unchained indicates significant growth potential. Smart investors should consider following where the smart money is heading and consider investing in $PEPU tokens. However, it’s important to remember that crypto investments are high-risk assets and it’s essential to conduct thorough research and due diligence before investing.

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News Room July 24, 2024
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