Pepe Unchained Raises More Than $5M in a Month, Despite Altcoin Season Not in Full Swing

cryptonews.com:

After bagging $4 million last week, Pepe Unchained ($PEPU) is back on the grind, pushing its total funds raised to over $5 million.

Pepe’s latest and most badass version, complete with its own Layer 2 chain on Ethereum, marked its one-month milestone by swiftly raising $1 million in the last three days.

The crypto market isn’t yet in full altcoin season mode, but that hasn’t stopped investors from pouring new capital into Pepe Unchained week after week, seeing it as not just an improved Pepe but the new face of the cryptofication of meme culture.

Currently priced at $0.008596, its native token, $PEPU, will jump to $0.00863040 in less than 24 hours as it smashes another presale stage with relative ease.

Now’s the perfect time to grab some $PEPU before it hits major exchanges and its Layer 2 chain goes live.

Once that happens, $PEPU’s price direction is set on course to the moon, and anyone who missed out now will have no choice but to kick themselves.

Bitcoin surged to above $67,000, up by 4.62% in the past week, likely sparked by President Biden’s withdrawal from the presidential race, which was seen as a win for “crypto president” Donald Trump.

Meanwhile, Ethereum climbed by 0.64% to $3,482 as the market anticipates the first day of trading of its new ETFs on Tuesday.

The rest of the crypto market took a breather from last week’s hot streak, slowing down by 1.43% over the previous 24 hours. During the same period, the meme coin sector experienced a modest decline of just 3.7%.

Despite this, Pepe Unchained’s predecessor, Pepe ($PEPE), has maintained positive growth with an 8.8% increase over the past seven days. Other leading meme coins also performed strongly during this time, with DogWifHat ($WIF), Bonk ($BONK), and Dogecoin