- Growth of Investments in Pepe Unchained
- Growing Popularity of Pepe Meme Coins
- Developer Support Initiatives
Pepe Unchained has announced raising $14.1 million in its presale, marking a significant event amid the growing interest in meme coins. In the last 24 hours, the project has attracted $300,000 due to the general uptrend in the crypto industry.
Growth of Investments in Pepe Unchained
Since reaching $13.8 million on Thursday, Pepe has experienced positive growth and added another $300,000 within 24 hours. The new influx of capital was driven by the Federal Reserve's unexpected 50 basis points rate cut, leading to a rise in digital asset prices starting Wednesday. Currently, the Pepe Unchained token, $PEPU, is priced at $0.00981 and will update to $0.00982 at the next presale stage, starting in less than 19 hours.
Growing Popularity of Pepe Meme Coins
Meme coins are back in vogue, with their market cap recently exceeding $40 billion, reaching $42.63 billion. The increased interest is reflected in the 5.11% rise in trading volumes, reaching $5.57 billion in the last 24 hours. One of the most popular tokens is PeiPei ($PEIPEI), which has surged 37.49% overnight and 58% over the last seven days. Additionally, PepeCoin ($PEPECOIN) has risen by 10.11% in one day and climbed 43% in a week. Among these coins, $PEPU stands out by raising significant funds in its presale and offering unique solutions compared to other tokens in this category.
Developer Support Initiatives
Pepe Unchained has announced the launch of 'Pepe Frens With Benefits,' an initiative to provide grants to developers creating projects on their new Layer 2 network. Developers can apply for grants, which will be reviewed and approved by the Pepe Council. Applications will open in Q4 2024.
Pepe Unchained continues to attract investments, nearing its $15 million goal. The launch of the developer support initiative is attracting new project participants, creating favorable conditions for the ecosystem's further growth and development.
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