The start of the new month brought a price drop to the crypto industry, which was not entirely unexpected, given that October — the month when crypto prices historically tend to skyrocket — is over, and a correction was expected to kick off.
Even the largest and best-performing meme coins, including Dogecoin (DOGE), dogwifhat (WIF), Mog Coin (MOG), and First Neiro On Ethereum (NEIRO) are seeing significant price drops at the time of writing. In fact, these are cryptos that have seen some of the largest surges recently, so them seeing the largest corrections as well does make sense.
Still, this is believed by many experts to only be a short-term correction, and chances are that the crypto market will bounce back up within days, if not in the next few hours. Another rather big impact on the industry will come from the results of the upcoming US presidential election, which is when many expect to see the prices surge or drop, depending on the results.
But, at the end of the day, sudden and often sharp price shifts are a regular occurrence in the crypto industry, and whether they are dropping or rising, trends tend to get reversed before too long. Those who have sufficient skill and knowledge can make use of these shifts to make small profits often, while those who lack the skill or patience tend to invest long-term, or buy cryptos that are still in presale, as their launch typically results in a considerable price surge.
In fact, there is a highly promising ICO happening right now, held by a project called Pepe Unchained (PEPU), which may be one of the biggest meme coin presales, not only in 2024 but ever.
JOIN THE PEPU ICO EARLY FOR MAXIMUM GAINS
Meet The New And Improved Pepe
The original Pepe (PEPE) ended up being a highly popular cryptocurrency, to the point where it became the third-largest meme coin by market cap, just after DOGE and SHIB. However, compared to more modern cryptos, its technology is lacking quite significantly. That’s because of the fact that it runs on Ethereum’s network, which is still slow and expensive to use, despite its shift to ETH 2.0.
Pepe Unchained emerged as the first Pepe-inspired meme coin to have its own blockchain, which is what gives it an advantage over the original. In fact, the project views itself as the better version of the original Pepe thanks to its Layer-2 chain that makes it much faster and cheaper to use.
The project will also have its own DEX, bridge, block explorer, and more, as it seeks to build the ultimate Pepe-related ecosystem. This is what attracted thousands to its presale, and about two-dozen million in investments.
As of the time of writing, The PEPU ICO managed to raise $23.98 million, while the PEPU token itself sells for only $0.01199. Many have joined for its technology and potential, and now, some speculate that it could overtake the original after it goes live. Whether you believe that or not, it is clear that there is a massive demand for this meme coin, and that its price might go up after launch as a result.
If you decide to join the PEPU ICO while its price is still low, note that you can buy its tokens with ETH, USDT, BNB, and credit/debit cards.
