
{"id":16445,"date":"2024-10-29T19:07:14","date_gmt":"2024-10-29T19:07:14","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=16445"},"modified":"2024-10-29T19:07:14","modified_gmt":"2024-10-29T19:07:14","slug":"meme-coin-prices-explode-as-pepe-unchained-ico-passes-23m-milestone","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=16445","title":{"rendered":"Meme Coin Prices Explode as Pepe Unchained ICO Passes $23M Milestone"},"content":{"rendered":"<p>Retail investors are piling back into meme coins \u2013 sending prices soaring.<\/p>\n<p>From DOGE to BRETT, the sector is seeing an explosive rally to end October on a high.<\/p>\n<p>Meanwhile, the new meme coin Pepe Unchained (PEPU) is making its own headlines, passing $23 million in ICO funding as traders rush to get involved early.<\/p>\n<h2>Meme Coins Surge as Market Cap Hits $62.4B<\/h2>\n<p>Meme coins are back, with the market turning green as their combined market cap jumped 9% to $62.4 billion.<\/p>\n<p>Trading activity only adds to the story, as spot volumes<a href=\"https:\/\/coinmarketcap.com\/view\/memes\/\" target=\"_blank\" rel=\"noopener\"> are up 67%<\/a> to $9.6 billion in the past day.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/10\/Picture1-33.png\"><\/a><\/p>\n<p>Clearly, retail traders are flocking to gain exposure.<\/p>\n<p>DOGE is leading the way with a 13% rally, while POPCAT isn\u2019t far behind, up 12%.<\/p>\n<p>Nearly every major meme coin is in the green, with only GOAT and BABYDOGE seeing slight dips in an otherwise upbeat market.<\/p>\n<p>This surge isn\u2019t out of the blue.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/10\/Picture2-33.png\"><\/a><\/p>\n<p>Earlier this month, CryptoQuant CEO Ki Young Ju<a href=\"https:\/\/x.com\/ki_young_ju\/status\/1845070220454744215\" target=\"_blank\" rel=\"noopener\"> forecasted a spike<\/a> in Google searches for meme coins in October \u2013 and he was right.<\/p>\n<p>With retail interest building and prices rising, the meme coin season that traders have been waiting for might finally be underway.<\/p>\n<h2>Bitcoins Rally Sparks Meme Coin Uptrend as Traders Seek Big Gains<\/h2>\n<p>The meme coin sector seems to be benefiting from Bitcoin\u2019s bullishness.<\/p>\n<p>With Bitcoin now above $71,000 and analysts tossing around six-figure price predictions, the appetite for risk in crypto is heating up.<\/p>\n<p>This follows a familiar pattern: when Bitcoin rallies, retail investors often get more adventurous with their portfolios.<\/p>\n<p>Fresh money flows into the market, with investors hunting for the next breakout star.<\/p>\n<p>Meme coins, with their potential for huge gains, naturally catch the eye of these investors.<\/p>\n<p>A swing target can also be determined by projecting the Nov 2022 low to Mar 2024 high upwards from Aug 2024 low as shown also on log scale<br \/>\nFor now I think this is a stretch<br \/>\nMy rule is one target at a time<br \/>\n2\/3<br \/>\n <a href=\"https:\/\/t.co\/MrMbYzU91t\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/MrMbYzU91t<\/a><\/p>\n<p>\u2014 Peter Brandt (@PeterLBrandt) <a href=\"https:\/\/twitter.com\/PeterLBrandt\/status\/1851100688115290162?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">October 29, 2024<\/a><\/p>\n<p>With veteran traders like Peter Brandt setting BTC targets<a href=\"https:\/\/x.com\/PeterLBrandt\/status\/1851100688115290162\" target=\"_blank\" rel=\"noopener\"> as high as $235,000<\/a> and others aiming for $150,000 by late 2025, the buzz around the crypto market might just be getting started.<\/p>\n<p>This could lead to what traders call a \u201cmeme coin supercycle.\u201d<\/p>\n<p>A supercycle is an extended period during which prices consistently trend upwards, often fueled by FOMO, new capital, and bullish market sentiment.<\/p>\n<p>Such an environment usually sees certain coins explode in a short period.<\/p>\n<p>So, with DOGE and POPCAT already rallying, the sector could soon attract even more interest.<\/p>\n<h2>Pepe Unchained Raises $23M &amp; Promises High-Speed Blockchain Just for Meme Coins<\/h2>\n<p>The bullish conditions have given<a href=\"https:\/\/cryptopotato.care\/b_pepeunchained-en_97830?referrer=meme-coin-prices-explode-as-pepe-unchained-ico-passes-23m-milestone\" target=\"_blank\" rel=\"noopener\"> Pepe Unchained\u2019s ICO<\/a> a major lift.<\/p>\n<p>It has now raised over $23 million in early funding as traders rush to snag PEPU tokens at a fixed price.<\/p>\n<p>Much of the hype around Pepe Unchained is due to its unique setup: it offers a Layer-2 network just for meme coins.<\/p>\n<p>If you\u2019ve ever swapped tokens on Ethereum, you\u2019ll know that gas fees can often eat into trading profits.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/10\/Picture3-31.png\"><\/a><\/p>\n<p>Pepe Unchained\u2019s team aims to fix that by creating a \u201cfast lane\u201d for meme coins.<\/p>\n<p>They promise a network that can process transactions 100 times faster than Ethereum\u2019s mainnet while slashing fees to a fraction of their usual cost.<\/p>\n<p>But speed isn\u2019t Pepe Unchained\u2019s only draw.<\/p>\n<p>The team is building an entire ecosystem, including a \u201cdouble staking\u201d app and a developer grants program to attract new projects.<\/p>\n\n<div class=\"embed\"><\/div>\n<p>Pepe Unchained\u2019s<a href=\"https:\/\/pepeunchained.com\/en\/dashboard\" target=\"_blank\" rel=\"noopener\"> staking app<\/a> is particularly appealing since it offers 100% APYs.<\/p>\n<p>This mix of meme appeal and utility is helping the project go viral.<\/p>\n<p>YouTuber<a href=\"https:\/\/youtu.be\/NmL_IFfuAkI?si=UKC3O0U9dpNrvAJ8\" target=\"_blank\" rel=\"noopener\"> ClayBro<\/a>, who has over 130,000 subscribers, released a video over the weekend where he claimed PEPU could \u201clead the $1 trillion meme coin supercycle.\u201d<\/p>\n<p>Of course, that\u2019s just one person\u2019s opinion.<\/p>\n<p>But given that Pepe Unchained\u2019s<a href=\"https:\/\/x.com\/pepe_unchained\" target=\"_blank\" rel=\"noopener\"> Twitter page<\/a> now has over 41,000 followers, this project might have just the right mix of hype and substance to explode once launched.<\/p>\n<p><a href=\"https:\/\/cryptopotato.care\/b_pepeunchained-en_97830?referrer=meme-coin-prices-explode-as-pepe-unchained-ico-passes-23m-milestone\" target=\"_blank\" rel=\"noopener\">Visit Pepe Unchained Presale<\/a><\/p>\n<p><strong>Disclaimer<\/strong><em>: The above article is sponsored content; it\u2019s written by a third party. CryptoPotato doesn\u2019t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.<\/em><\/p>\n<p><em>Readers are also advised to read CryptoPotato\u2019s\u00a0<a href=\"https:\/\/cryptopotato.com\/disclaimer\">full disclaimer<\/a>.<\/em><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/meme-coin-prices-explode-as-pepe-unchained-ico-passes-23m-milestone\/\">Meme Coin Prices Explode as Pepe Unchained ICO Passes $23M Milestone<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Retail investors are piling back into meme coins \u2013 sending prices soaring. From DOGE to BRETT, the sector is seeing an explosive rally to end October on a high. Meanwhile, the new meme coin Pepe Unchained (PEPU) is making its own headlines, passing $23 million in ICO funding as traders rush to get involved early. [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":16446,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-16445","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/16445"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16445"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/16445\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/16446"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}