As October approaches, meme coins like Popcat, Neiro and Pepe Unchained are gaining attention.
As October approaches, traders are anticipating what could be a major bull run in the cryptocurrency market.
Historically, October has been one of the most bullish months for cryptocurrencies like Bitcoin (BTC) and current economic conditions are setting the stage for a potential surge in risk assets, including meme coins.
The Federal Reserve’s decision to cut interest rates by 50 basis points, combined with strong economic growth in the US, creates a favourable environment for riskier assets like cryptocurrencies.
With this backdrop, meme coins could be primed for a new rally and investors are scrambling to identify the next big opportunities.
Among the meme coins gaining attention are Neiro (NEIRO), Popcat (POPCAT) and Pepe Unchained (PEPU).
Popcat (POPCAT): A Meme Coin on Solana Leading the Pack
Popcat (POPCAT), a Solana-based meme coin, has been leading the market higher in recent days, thanks to the Fed’s rate cut and favourable market conditions.
According to CoinMarketCap, Popcat has surged by 30% in the past 24 hours, trading above $0.90 and is eyeing a test of its July record highs.
If Popcat breaks above these key levels, it could trigger a new rally, potentially positioning it as a billion-dollar meme coin. Many analysts believe that Popcat has the potential for significant gains, with some predicting a 5-10x increase in the coming months.
Given the strong momentum behind the project and its popularity within the meme coin community, Popcat ranks high on the list of meme coins to watch during the October bull run.
Neiro (NEIRO): A Promising New Entrant with a Community-Driven Focus
Neiro (NEIRO) is another meme coin generating excitement in the crypto community as we head into October. Launched in 2024, Neiro features a total supply of 1 billion tokens, with a unique selling point of having zero buy/sell taxes and no team tokens.
This community-driven approach is resonating with investors who prioritise transparency and decentralisation in the projects they support.
Neiro is being compared to early-stage Dogecoin due to its focus on community involvement and potential for rapid growth. As altcoin interest rises in the run-up to the anticipated October bull run, Neiro could be a valuable addition to portfolios seeking diversification.
Its zero-tax model, combined with a community-first approach, positions Neiro as a promising project that could benefit from the broader market rally.
Pepe Unchained (PEPU): Combining Meme Coins with Layer-2 Scaling
While Popcat and Neiro have captured the attention of investors, Pepe Unchained (PEPU) is making waves as a new meme coin that combines two of the hottest trends in the cryptocurrency market: meme coins and layer-2 scaling solutions.
Pepe Unchained aims to stand out by not just riding the meme coin hype but also offering tangible technology that could transform how meme coins are traded and transacted.
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Pepe Unchained’s presale, which began in July, has already raised over $15.6 million, making it one of the most successful meme coin presales of the year. Investors have been able to purchase PEPU tokens at a fixed price of $0.000986 before the token’s official market launch.
This presale success is building significant excitement within the crypto community, with both Twitter and Telegram channels buzzing about PEPU’s potential.
One of the factors driving this interest is the upcoming decentralised exchange (DEX) listing for Pepe Unchained, followed by plans for centralised exchange (CEX) listings.
The team behind the project has set aside 7.5% of the total token supply for liquidity purposes, ensuring a smooth transition into the open market.
Pepe Chain: A Layer-2 Solution for Meme Coins
What truly sets Pepe Unchained apart from other meme coins is the development of Pepe Chain, a layer-2 network designed specifically for meme coins. Layer-2 blockchains are becoming increasingly popular in 2024, offering faster transaction speeds and lower fees by handling transactions off the main blockchain.
Pepe Chain promises to be 100 times faster than Ethereum and will offer instant bridging back to the Ethereum network.
In addition to reduced fees and increased speed, Pepe Chain will feature a custom-built DEX where users can trade meme coins efficiently.
The team has also announced a developer grant program, “Pepe Frens with Benefits”, designed to encourage developers to build on the Pepe Chain. Applications for this program will open in Q4 2024, creating further anticipation around the project.
The innovative approach of combining meme coins with layer-2 scaling solutions has not gone unnoticed by the broader crypto community. In fact, CoinSniper ranked Pepe Unchained as the second presale to watch in 2024, further fueling investor interest.
YouTuber Endorsements and Audits
Pepe Unchained’s growing popularity is also supported by YouTuber endorsements. Austin Hilton, a crypto YouTuber with over 270,000 subscribers, recently released a video discussing Pepe Unchained and its potential for significant gains.
According to Hilton, Pepe Unchained could become one of the biggest meme coin launches of the year, thanks to its innovative technology and strong community backing.
The project has also taken security seriously, with its tokenomics and smart contracts being audited by blockchain security firms Coinsult and SolidProof. Both audits found no critical issues, which has helped build investor confidence. These audits are publicly available on the project’s website, providing transparency and reassurance to potential buyers.
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Pepe Unchained’s tokenomics structure has been carefully designed to support long-term growth. Of the total 8 billion supply, 40% has been allocated to presale buyers, 30% for staking rewards, 10% for marketing and the remainder split between liquidity, development and chain inventory.
Another reason for the heightened interest in Pepe Unchained is the increasing demand for layer-2 solutions. In 2024, the layer-2 sector has seen substantial growth, with over $37 billion locked in these scaling solutions, representing a 226% increase from last year. Projects like Arbitrum and Base have led the way and Pepe Unchained hopes to carve out its niche by focusing on meme coins.
Given this environment, many investors are keeping a close eye on Pepe Unchained’s presale and upcoming market launch. The project’s combination of meme coin appeal and cutting-edge blockchain technology positions it as one of the top crypto gems to watch in October.
