Bitcoin Hits $70K as New Meme Coin Pepe Unchained Raises $23M in Presale

Last updated:

Acting editor-in-chief

Gary McFarlane

Acting editor-in-chief

Gary McFarlane

About Author

Gary McFarlane is the acting editor-in-chief at Cryptonews.com

Last updated:

Why Trust Cryptonews

With over a decade of crypto coverage, Cryptonews delivers authoritative insights you can rely on. Our veteran team of journalists and analysts combines in-depth market knowledge with hands-on testing of blockchain technologies. We maintain strict editorial standards, ensuring factual accuracy and impartial reporting on both established cryptocurrencies and emerging projects. Our longstanding presence in the industry and commitment to quality journalism make Cryptonews a trusted source in the dynamic world of digital assets. Read more about Cryptonews

Pepe Unchained ($PEPU) is closing out “Uptober” with a bang, stuffing its presale bag with an eye-popping $23 million.

With its new Ethereum Layer 2 chain in development and ongoing developer grant applications, the biggest token presale of 2024 is gaining unstoppable momentum, raising the stakes in the race for ultimate Pepe domination.

As Bitcoin ($BTC) broke the $70,000 ceiling on Tuesday, November is once again poised to self-fulfill as the best month for crypto gains.

If the market’s appetite for risk continues, Pepe Unchained could attract another $1 million in funding before the month ends, as profits from October’s strong performance are invested in promising new projects.

Investors can seize the opportunity to purchase $PEPU at $0.01189 before it jumps to $0.0119 in less than 41 hours to mark a new round of funding.

Trump lead in WSJ poll might be good for BTC and Pepe Unchained

On Monday, a Wall Street Journal poll indicated that former U.S. President Trump has taken the lead over Vice President Kamala Harris.

With Election Day just a week away, Trump’s rise in the polls may reflect a shifting sentiment toward the Republican nominee, possibly linked to Harris’s declining job approval ratings and voters’ favorable memories of Trump’s presidency.

The issue of immigration – a key motivator for many of Trump’s supporters – drew a strong reaction at his New York homecoming rally, where he pledged mass deportations on his first day back in office.

The crypto community eagerly anticipates a Trump victory, as evidenced by bets on the prediction platform Polymarket favoring Trump over Harris and in newer projects like FreeDum Fighters, which emerged during the U.S. electoral season.

If the crypto space’s hopes of seeing the “crypto president” win the election come to pass, it could provide the momentum Bitcoin needs to surpass its all-time high of $73,750.

Bitcoin price today, BTC to USD live price, market cap and chart | CoinMarketCap

Should Bitcoin break this threshold and approach $80,000 or more this year, altcoins are likely to follow suit as investors seek to maximize their returns with new projects like Pepe Unchained.

Pepe Unchained is the middle finger to the “Sleepy Joe” Pepe tokens

Pepe Unchained is igniting fervor in the crypto world. It is building a vibrant community tapestry on X and Telegram while amassing millions in funding at lightning speed.

But it’s not just the retail crowd that’s enchanted; the whales have also made a splash, showcasing their confidence in the project with massive purchases.

On October 21, one whale made waves by swallowing up $53,563 worth of ETH for an impressive 4.6 million $PEPU tokens, following a prior purchase of 5 million $PEPU tokens for about $50,000 earlier in the month.

Ethereum Transaction Hash (Txhash) Details | Etherscan

In September, the waters were similarly rich, with several whale transactions exceeding $50,000 – capitalizing on the token’s enticing lower price.

These substantial capital inflows to the Pepe Unchained presale are the crypto community’s way of flipping the bird to the “Sleepy Joe” coins of the Pepe scene, such as Pepe ($PEPE) and PepeCoin ($PEPECOIN).

With such strong support, Pepe Unchained will likely attract even more investment ahead of its exchange debut. Many, including crypto influencer Jacob Crypto Bury, believe that $PEPU could deliver a remarkable 10x return, further igniting excitement among potential investors.

How to join the Pepe Unchained presale and reach $24 million before November

Pepe Unchained can reach $24 million in funding before the month ends.

So far in October, it has attracted an average of $2 million in investments, but reaching this milestone will require the support of its community.

If you’re new to Pepe Unchained or still need to acquire a good amount of $PEPU tokens, joining the presale is easy.

Visit the project’s official website, connect your wallet, and purchase $PEPU using ETH, USDT, or BNB. Credit card payments are also accepted.

You can invest confidently, as Coinsult and SolidProof have thoroughly audited Pepe Unchained’s smart contract and found no critical issues.

For developers interested in bringing their innovative ideas to life on the Pepe Unchained L2 chain, grant applications are now open on the project’s website.

To apply, fill out a brief form and receive a confirmation email. The Pepe Council will review submissions continuously and award grants to selected projects.

Stay informed about the latest developments and announcements by joining the Pepe Unchained community on X and Telegram.

Visit Pepe Unchained

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.