The crypto industry is still suffering a bearish wave which is pushing the prices down and negating the gains seen at the beginning of the week. Even meme coins, which performed extremely well in the first half of the year, are now struggling to maintain balance or achieve gains.
Pepe (PEPE), the third-largest meme coin by market cap, was among the top performers as far as the majors go, but even Pepe is seeing a 7% price drop in the last 24 hours, while being down 12% in the last week.
The token’s price sits at $0.00001057 as of August 1, which is not the best start of the month, but the situation might still turn in days to come, as the next weekend is approaching. If the pattern seen over the last few weeks holds, Pepe and the other meme coins could see a recovery on Saturday or Sunday.
But, while the original Pepe is struggling, its alternative, Pepe Unchained (PEPU), which is currently still in presale, appears to be thriving.
JOIN THE PEPU PRESALE AND BUY A TOKEN THAT COULD OUTPERFORM PEPE
Pepe Unchained ICO is approaching its next milestone
Pepe Unchained is the newest Pepe meme-inspired cryptocurrency, and it immediately stands out from the rest thanks to the fact that it has its own blockchain. The developers created a Layer-2 chain for their project, which they built on top of Ethereum’s network.
A chain of its own allowed this version of Pepe to become “unchained” from Etheruem’s limitations, unlike the original, and its other derivatives.
While Ethereum has seen a lot of work done through upgrades that have improved its network, its core issues, such as the lack of scalability, high translation fees, and slow payments, still remain. PEPU’s L2 has liberated the project from the same problems, and allowed it to become an extremely fast, low-cost, high-scalability token.
This is why the project’s ICO has been thriving over the past several weeks it has been live, turning it into a highly anticipated crypto. As of August 1, the project has raised $6.72 million, and it is rapidly approaching the $7 million mark.
BUY PEPU BEFORE ITS PRICE GOES UP
Right now, its price sits at $0.0088044 per PEPU, but in less than 24 hours, this will change, and the meme coin will see another scheduled price increase. As a result, investors have a short window of opportunity to buy before that happens, but if you want to take your time researching the project, the presale will keep going for a while longer.
If, on the other hand, you decide to buy before the price goes up, you can do so with ETH, USDT, BNB, or credit/debit cards.
