- PEPU hits a major milestone.
- PEPU is set to witness another price increase.
As a seasoned crypto investor with a knack for sniffing out promising projects, I must admit that the recent developments surrounding Pepe Unchained [PEPU] have piqued my interest. The project’s presale ICO hitting yet another major milestone and the influx of whale investors are strong indicators of its potential growth.
In the past day, there’s been a lot of buzz about Pepe Unchained (PEPU) due to the success of its pre-sale Initial Coin Offering, reaching another significant milestone.
The growing interest and participation in the project have brought significant attention to its native token, PEPU.
Based on the latest reports, the cost of PEPU is expected to rise when the project successfully achieves another milestone during its presale stage.
Pepe Unchained sees whale investors
The data provided by Pepe Unchained showed that the project successfully reached its $12 million target during the pre-sale phase of the Initial Coin Offering (ICO).
Currently, the sale has surpassed 12.5 million dollars and is nearing the 12.6 million dollar mark as a target. The PEPU token, meanwhile, is valued at 0.0095743 dollars and will continue to rise every two hours.
Additionally, there has been heightened interest from whales in recent days.
Based on information from Etherscan, it’s been reported that a large investor (often referred to as a ‘whale’) has just invested $50,000 in purchasing PEPU tokens. This move suggests a strong belief and high confidence in the future prospects of this memecoin.
The increasing demand from individual and institutional investors indicates a robust push forward for Pepe Unchained, as it moves towards its upcoming presale stage.
Already seeing stakes
As per the token distribution outlined by Pepe Unchained, a grand total of 8 billion PEPU tokens have been minted. Out of these, approximately 30% or around 2.4 billion tokens are earmarked for staking incentives.
The leftover resources were allocated among various expenses such as pre-sales, promotion, maintaining liquidity, and running operations.
Approximately 981.9 million PEPU tokens have been securely locked into the Pepe Unchained staking program since its inception, making up a substantial part of the total staking pool.
However, it remains to be seen what percentage of the total supply will ultimately be staked.
How Pepe is reacting to these developments
According to AMBCrypto’s examination, the cryptocurrency Pepe (PEPE) has been experiencing a continuous decrease in value for several weeks. However, a positive development took place on September 8th, as the currency saw a 4.43% price increase during its most recent trading session.
Currently, it’s worth noting that PEPE hasn’t managed to mirror those past successes, with its price remaining fairly stable instead.
Read Pepe’s [PEPE] Price Prediction 2024–2025
Based on important markers such as the Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI), it appears that PEPE is trending bearish, implying ongoing declining trends.
With the launch of Pepe Unchained’s mainnet, there’s a feeling of hope that it could lead to increased engagement and a resurgence of interest in PEPE.
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2024-09-09 18:47