Pepe Unchained Secures $11.5M in Presale, Positioned to Lead Renewed Meme Coin Supercycle
Pepe Unchained ($PEPU) has raised over $11.5 million in its presale, including more than $500,000 secured in just the past four days.
Investors are eyeing Pepe Unchained as a major upgrade over its predecessor, Pepe ($PEPE). And as the meme coin supercycle gears up for a comeback in the fourth quarter, Pepe Unchained looks set to take the lead this time instead of its clunky old counterpart.
This narrative has led to a competitive push among investors to acquire more and more of $PEPU, with enough momentum to push funding capital to $12 million in the coming days.
The price of $PEPU has already risen to $0.0094603 recently as the previous round sold out rapidly, and within 48 hours in the next price stage it is increasing to $0.00949820.
As the bellwether cryptocurrency, Bitcoin ($BTC) sets the tone for the broader market – wherever it moves, the rest of the market follows.
For example, Bitcoin has lost 8.46% of its value over the past six months, and this decline has been mirrored across most alternative cryptocurrencies.
Consequently, only 18 of the top 50 cryptocurrencies have outperformed Bitcoin in the last 90 days, reflecting a troubled Bitcoin season.
The good news is that historical data indicates Bitcoin’s price action may improve in the months ahead.
October is historically its third-best month, with an average gain of 26.9%, while November has delivered an average increase of 36.01% since 2011.
If past performance is any guide, these months could trigger a renewed altcoin season and possibly reignite the meme coin supercycle seen earlier this year.
In the first half of 2024, Pepe ($PEPE) led the meme coin sector with impressive gains, maintaining a year-to-date increase of 473%.
However, it has become evident that the
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