PeiPei Rebounds During Broader Market Recovery – Is Layer 2 Meme Coin PEPU Next to Explode?
The cryptocurrency market recently rebounded, and PeiPei followed suit with a slight increase in value.
Though the coin hasn’t fully recovered to its previous highs, significant developments have occurred within the PeiPei ecosystem.
As the overall crypto market gains strength, investors are watching to see if PeiPei can keep rising and possibly join other popular meme coins.
Alternatively, investors might consider other frog-themed meme coins, like Pepe Unchained, which are predicted to surge upon launch.
PeiPei price analysis
The cryptocurrency market recently experienced a notable bounce, with PeiPei participating in the recovery. Although PeiPei’s value has increased slightly, it hasn’t fully rebounded and may take some time to reach previous levels. Despite this, significant developments have occurred.
Yesterday and the day before, the market outlook appeared grim, but recent improvements have changed the scenario. PeiPei rose 2% in the past day, showing positive signs of recovery. However, a broader perspective reveals that PeiPei has decreased by 29.84% over the past week and 20% over the past month.
Early investors might face substantial losses, with PeiPei’s market cap currently at $73.1 million. The goal remains to reach the $100 million mark again. The entire crypto market has been sluggish, with Bitcoin also experiencing a downturn but recovering by 7% today.
Experts predict that a full market recovery could take weeks rather than days. Recent significant events include a notable purchase of 177 ETH worth of PeiPei, nearly $400,000, showing strong faith in its potential. At one point, PeiPei surged 60% in 24 hours, indicating a significant rally.
🟢 𝙉𝙚𝙬 𝙁𝙪𝙩𝙪𝙧𝙚𝙨 𝙇𝙞𝙨𝙩𝙞𝙣𝙜$PEIPEI Futures trading is now LIVE on @Ourbit_Official 🐸 🟥
▀▄ Up to 20X leverage
▀▄ Cross and isolated margin available→ Trade now: https://t.co/aEmwpo2f5x
→ Details: https://t.co/HeEzP54maT𝗣𝗘𝗜𝗣𝗘𝗜 𝗧𝗛𝗘 𝗙𝗥𝗢𝗚 𝗙𝗢𝗥… pic.twitter.com/zwt52iyLhq
— Ourbit Official (CEX GCR) (@Ourbit_Official) July 30, 2024
Additionally, PeiPei Futures trading is now live on Ourbit, offering up to 20x leverage. Traders should exercise caution when trading with leverage. PeiPei is trading at $0.061798, with a market capitalization of $73 million. It’s currently 54% below its previous all-time high but might retest that level in the coming weeks.
Is Pepe Unchained the next big meme coin to pump as presale surpasses $7.5 million?
With PEIPEI leading the way, investors are scouring social media to find the next meme coin to pump. A few candidates are drawing interest, with Pepe Unchained (PEPU) attracting the most attention. Pepe Unchained has become one of the hottest meme coins on the market.
While other coins are still trying to recover their losses, Pepe Unchained has surpassed $7.5 million in its presale, showing investors’ confidence despite the shaky conditions. Investors can buy at a discounted price right now.
The presale is available today at $0.0089105, but this price will go up in less than 3 hours. They need to act fast to avoid missing out. Pepe Unchained stands out because of its Layer-2 network, which promises super-low costs and lightning-fast speeds. This network could create a new meme coin economy.
Most new Ethereum meme tokens attract only a small amount of retail investment because of the high trading costs on the blockchain. In contrast, $PEPU’s low transaction costs and claims of being 100x faster than Ethereum tackle this issue head-on, catching investors’ attention.
If the team delivers on this promise, it could shake up how meme coins operate. Adding to its appeal, Pepe Unchained also has a staking protocol for its native $PEPU token, currently offering APYs of 257%. Notably, investors have staked nearly 622 million $PEPU tokens, which is about 80% of the presale funds.
Security is crucial for the team, so they’ve had $PEPU’s smart contracts audited by Coinsult and SolidProof. With all these elements, it’s no surprise Pepe Unchained is trending on social media, with its Twitter page now boasting over 9,700 followers.
Smart investors are also excited about $PEPU’s potential for growth after launch. Some analysts suggest it could offer up to 100x returns after its IEO. Even though the overall market is down, Pepe Unchained is set to offer strong gains after the presale.
To take part in the $PEPU token presale, visit pepeunchained.com.
Related
- Could Mog Coin Survive the Market Dip as the FaZe Collaboration Ignites Hype, or Should Investors Shift to $PEPU for a Better Investment Option?
- Pepe-Themed Meme Coin $PEPU Raises $7.3 Million in Presale, Sets Stage for Potential 100x Rally
The post PeiPei Rebounds During Broader Market Recovery – Is Layer 2 Meme Coin PEPU Next to Explode? appeared first on ReadWrite.