While PeiPei crypto is dropping, smart investors are focusing on Pepe Unchained, which has raised nearly $7 million in its viral $PEPU presale.
The cryptocurrency market is currently experiencing significant downturns, causing widespread concern among investors.
One notable example is the Peipei token, which has seen a substantial decline. Despite these challenges, the Peipei community remains active and engaged.
But even as the market cools off, attention is turning to these two top-quality PEPE alternatives.
Peipei dropped another 8% today and has fallen by 44% over the past week. For example, an investment of $1,000 a week ago would now be worth about $500. In the past month, gains have nearly vanished.
However, the market cap remains at $75 million, showing that the project is still active, even though it faces challenges.
The main cause of this decline is the overall drop in Bitcoin prices. Bitcoin’s performance heavily influences the entire market. When Bitcoin corrects sharply, as it has recently, altcoins, including meme coins, usually suffer more significant losses.
Despite these difficulties, Peipei remains one of the most viewed tokens on CoinMarketCap. There’s also an ongoing incentive program with Bybit x Peipei, offering community members exclusive benefits, like a $200 USDT airdrop with their trades.
From a technical analysis perspective, Peipei is approaching a key support level. If it hits this support level again, a rebound might be possible. Although technical analysis is not always reliable for meme coins, it can still provide some insights.
For those holding Peipei Coin, a long-term perspective is advisable. Dollar-cost averaging—buying additional tokens at lower prices—can help reduce average entry costs. Avoid panic selling, as emotional decisions often lead to poor outcomes.
However, if the team meets key milestones, like partnering with more crypto projects, PEIPEI could see significant gains.
If you’re looking for investment opportunities that could offer big returns and increase in value during the next bull run, check out our guide here for the best crypto presales of 2024.
Pepe Unchained (PEPU) has raised nearly $7 million in just over a month since its presale started. This PEPE regeneration coin has already raised over $6.9 million and is gaining strong momentum. Since last Friday, $PEPU has added over $600,000, quickly approaching its presale goal.
Pepe weekend feels! pic.twitter.com/QndDAByK7F
— Pepe Unchained (@pepe_unchained) August 3, 2024
Big investments have been key to this success. For example, a major investor recently bought $200,000 worth of $PEPU. The increased interest is due to Pepe Unchained’s new updates to Ethereum, including its own Layer-2 solution.
Currently priced at $0.0088396 per token, $PEPU will likely rise once it hits its target, continuing its progress through the presale. With its unique features and strategic benefits, Pepe Unchained could offer substantial future profits.
You can buy the coin with ETH, USDT, BNB, or credit cards, and investors can stake $PEPU to earn a 279% APY reward. Over 572 million $PEPU tokens are already locked, showing long-term trust in Pepe Unchained.
Despite its updates, Pepe Unchained’s smart contract has been thoroughly audited by Coinsult and SolidProof for security and reliability.
Pepe Unchained is a next-generation cryptocurrency built on its own Layer-2 chain. It aims to fix Ethereum’s congestion issues by offering a fast, cost-effective, and independent blockchain experience, promising strong growth and profitability.
To take part in the $PEPU token presale, visit pepeunchained.com.
The post PEIPEI Is Crashing – Can It Recover in the Coming Months, or Should Investors Turn to This Layer 2 Meme Coin? appeared first on ReadWrite.
