Whales in the cryptocurrency market have been taking advantage of the recent dip in Bitcoin prices, accumulating more BTC as it slid to $55,500 on Tuesday. Simultaneously, major investors have shown interest in the latest meme coin, Pepe Unchained ($PEPU). Within just two days, the presale for Pepe Unchained raised an additional $400,000, bringing the total funding to over $11.9 million. Notably, $85,000 came from just two wallet addresses, indicating that whales are aggressively acquiring $PEPU during the presale phase. This surge in investor interest suggests a growing awareness of Pepe Unchained in the crypto market, with its Layer 2 chain offering faster and cheaper transactions than its predecessor, Pepe ($PEPE).
Investors are eagerly participating in Pepe Unchained’s presale to secure the token at a discounted rate. The current price of $PEPU is $0.0094982, but it is expected to rise to $0.00953620 as the presale concludes another funding round in less than 35 hours. Despite September traditionally being a challenging month for cryptocurrencies, the increased capital flow into both BTC and $PEPU indicates that investors are positioning themselves for a potentially more exciting Q4, which historically has been a stronger period for the crypto market.
While Bitcoin experienced a 2.77% decrease on Tuesday, whales have been actively buying the dip. One whale wallet added $19 million to its five-day buying spree, bringing its total BTC purchases to $136 million. Another whale, known as “Mr. 100,” bought 300 BTC worth approximately $17 million on the same day. These actions suggest that large investors are increasing their exposure in anticipation of better months ahead. Alongside the interest in Bitcoin, Pepe Unchained has been gaining popularity, witnessing significant purchases that indicate growing adoption for a project that has only been in existence for three months.
Pepe Unchained’s potential is tied to its proprietary blockchain, which addresses the limitations of Ethereum-based Pepe ownership. The project’s presale funding has seen record-breaking levels, with whales showcasing interest in a Pepe without the constraints of high gas fees and slow transactions associated with Ethereum. The upcoming launch of Pepe Unchained’s Layer 2 is expected to further enhance its appeal, positioning it as a meme coin launchpad for tokens with similar memetic appeal while leveraging Ethereum’s security protocols. As Pepe Unchained’s development progresses, the project’s bullish prospects point to a potentially stronger Q4 for the crypto industry, especially if it secures listings on major exchanges.
Monitoring whales’ movements in the crypto market can provide valuable insights into potential opportunities, especially when they show interest in new projects like Pepe Unchained. By tracking where the smart money is flowing, investors can stay informed about market trends and potential price movements. Interested individuals can participate in the Pepe Unchained project by visiting its website, connecting their wallet, and purchasing $PEPU using various cryptocurrencies or credit card payments. The project has undergone comprehensive audits to ensure the security of its smart contract and is actively engaging with the community through platforms like X and Telegram to provide updates on developments. Cryptocurrency investments carry high risk, and individuals should conduct thorough research before making any investment decisions.
