Pepe Unchained Roars Past $3 Million In Presale: $PEPE Declines

Pepe Unchained （$PEPU） is gaining momentum, surpassing $3 million in its presale. Meanwhile, $PEPE faces declining interest and bearish market trends.

Points

• $PEPU presale raises over $3 million.
• $PEPE experiences declining interest and bearish trends.
• A whale transfers 9 trillion $PEPE tokens to Bybit, signaling potential market moves.
• $PEPU offers a high staking yield of 616%.

In the ever-volatile world of cryptocurrencies, Pepe Unchained （$PEPU） has captured the spotlight, raising over $3 million in its presale. This surge in investor interest comes at a time when $PEPE is witnessing a significant decline in trading activity and market sentiment.

Since late June, there has been a noticeable drop in the interest in $PEPE futures contracts, with most positions now closed. Additionally, persistent negative funding rates since mid-June indicate a bearish outlook for $PEPE. These funding rates mean that short positions are paying for long positions, further underscoring the pessimistic market sentiment.

Adding to the drama, a significant whale recently transferred 9 trillion $PEPE tokens, valued at approximately $82.17 million, to the world’s second-largest centralized exchange, Bybit. This massive transfer, highlighted by Whale Alert, could be a precursor to major market movements for $PEPE.

🚨 🚨 🚨 9,000,000,000,000 #PEPE (82,170,000 USD) transferred from unknown wallet to #Bybit https://t.co/vpbrzjmnX6

https://twitter.com/whale_alert/status/1810888383356403865

Pepe Unchained: A New Era

Pepe Unchained （$PEPU） represents a fresh start for the meme coin ecosystem. Unlike $PEPE, which is tethered to Ethereum’s limitations, $PEPU operates on its own Layer 2 solution. This new chain offers faster transactions and lower fees, making it more attractive to investors and traders.

The high staking yield of 616% for $PEPU has further fueled investor optimism. As of the latest update, 232 million tokens were staked, with an additional 27 million $PEPU added recently. This staking activity reflects strong long-term confidence in the project’s potential.

On Monday, the staking pool reached a milestone with 232 million tokens staked, and another 27 million $PEPU were added, valued at approximately $225,000 at the current presale price. The annual percentage yield （APY） for staking has slightly decreased to 616%, still offering substantial returns of about 51% monthly for new investors.

Prominent YouTube influencer Jacob Crypto Bury, with over 41,000 subscribers, has suggested that Pepe Unchained could be a 100x gem. With only 1.6 billion tokens available in the presale, and 400 million tokens set for the next phase, investors are encouraged to act quickly.

Conclusion

The contrasting fortunes of $PEPE and $PEPU highlight the dynamic nature of the cryptocurrency market. While $PEPE faces bearish trends and declining interest, Pepe Unchained is gaining traction with its innovative approach and attractive staking rewards. The market has spoken: it’s time to consider the new and improved $PEPU.