With crypto prices falling across the market this week, it may not look like the best time to jump into digital currencies. But many crypto whales take the opposite view—the dip is a temporary opportunity to lock up tokens at a discounted price.
A lot of the whale activity in the market today is happening in Bitcoin, with multiple wallets making multi-million dollar purchases. But whales are also homing in on a new meme coin, Pepe Unchained, that offers the potential for 100x returns once it hits exchanges.
The Pepe Unchained presale has sold more than $400,000 worth of $PEPU token in the last 48 hours, with $85,000 of that total coming from just 2 crypto wallets. One transaction purchased 23.4 ETH worth of $PEPU (valued at $56,289.81), while the other bought 10.8 ETH worth of $PEPU (valued at $25,990.65).
The Pepe Unchained presale has now raised more than $11.93 million, making it one of the most successful new tokens of the year. Meme coin traders are excitedly chomping at the bit to see $PEPU land on exchanges and deliver a massive pump as trading gets underway.
Pepe Unchained Builds New Layer-2 for Meme Coin Trading
Pepe Unchained got the attention of crypto whales by identifying a gap in the market and offering a unique solution: an Ethereum Layer-2 blockchain specifically for meme coin trading.
Pepe Unchained has themed its new network around the ultra-popular Pepe meme, which fueled the original $PEPE token to become the 3rd-largest meme coin by market cap.
The new Pepe Unchained blockchain promises to be 100x faster than the Ethereum mainnet, making it easier to move $PEPU around without costly gas fees or waiting periods. Plus, $PEPU can be seamlessly bridged to $ETH.
These attributes make Pepe Unchained very attractive as a hub for meme coin development and trading, and analysts think it could displace Solana as the next center of gravity in the meme coin world.
Whales have clearly taken note of the upcoming shift and are now trying to get in on the ground floor, before it’s too late.
Whales Actively Buy $BTC and Eye $PEPU as High-Potential Altcoin
While this isn’t the first time crypto whales have invested in Pepe Unchained—the project received a $200,000 investment from a single wallet in July—whales have been unusually active during this week’s bearish market.
One crypto wallet with more than 5,000 BTC went on a 5-day buying spree as the price of Bitcoin slid, purchasing more than $136 million worth of BTC. The wallet now holds around 8,881 BTC, worth $523 million at today’s Bitcoin price.
Another wallet purchased 300 BTC this week, adding $17 million worth of Bitcoin to an already massive position.
These aren’t the same whale wallets that bought $PEPU this week, but the overlap in whale activity this week shows that major crypto investors are looking at Pepe Unchained as a potential alternative to Bitcoin and Ethereum.
As the presale continues to heat up, we’re watching for additional whales to pile into $PEPU.
Analysts Predict 100x Gain for $PEPU
The moves this week also indicate that ‘smart money’ in the crypto world is following what analysts have been predicting for months—Pepe Unchained could be huge.
Meme coin analyst Jacob Bury, who predicted the success of Tamadoge and Wall Street Memes early in both projects’ presales, saw Pepe Unchained’s potential early on and has called it the next 100x meme coin.
The project has also gotten accolades from crypto analysts like Oscar Ramos, Matthew Perry, and ClayBro, who all together have nearly 450,000 subscribers on YouTube.
Pepe Unchained could also be launching at the perfect time. While September is historically the worst month of the year in the crypto market, October and November have always been incredibly bullish.
Market conditions around Pepe Unchained’s launch could be even hotter than normal since analysts expect Bitcoin will surge in the fall—a prediction backed by rising open interest in Bitcoin futures contracts with an $80,000 strike price.
The fact that crypto whales, who have accumulated huge wealth by being highly accurate at predicting successful tokens, are focused on $PEPU is an even more bullish sign for the project’s launch.
If you want to follow the ‘smart money,’ the Pepe Unchained presale is offering $PEPU tokens at a discounted price of $0.0094982 right now. Even better, early investors can stake their purchased $PEPU to earn up to 170% APY and fill their bags ahead of the token’s listing.
This opportunity won’t last long—the next Pepe Unchained price increase is just 24 hours away. Don’t miss this chance to follow the whales and ride what could be an explosive launch in $PEPU.
