PeiPei has once again experienced a significant rally and is approaching the long-awaited $100 million market cap.
After a period of uncertainty and instability, the project has bounced back strongly and reignited excitement within the PeiPei community.
With PeiPay’s market capitalization approaching $85 million and showing signs of resurgence, especially considering its impressive fundraising efforts of nearly $16 million, a new Pepe-themed meme coin currently on pre-order is also on the cards. There are growing expectations that this will continue.
PayPay (PEIPEI) price analysis
There were moments when I doubted that PayPay would be successful. Concerns about breaking through key support levels, particularly the $45 million to $50 million range, made many investors nervous. If this level had been broken, it could have triggered a significant crash that would have marked a sharp decline in the token.
However, PeiPei has shown remarkable resilience, with each increase in market capitalization strengthening the project’s strength. Over the past week, PeiPei has soared 31%, including a notable increase in just one day, bringing the monthly increase to an impressive 59.98%.
This growth is significant and has caught the attention of the cryptocurrency community. PayPay’s market capitalization reached an all-time high of $150 million.
Currently about 46% below that peak, this period of mild consolidation suggests a potential breakout is imminent.
Investor confidence is growing as PayPay overcomes key resistance levels, with the chart showing a series of clear uptrends followed by periods of healthy consolidation.
This price action typically indicates strength, especially when there is solid support in the $45 million to $50 million range. Now climbing toward a $100 million goal, speculation is rife as to whether PayPay can surpass its previous highs and reach new levels.
Recent technical analysis has generated quite a bit of discussion, with investors feeling optimistic after an apparent invalidation below $45 million and subsequent rally to $85 million.
One of the most notable indicators of PeiPei’s growing popularity is its status as the most searched token on CoinMarketCap. The buzz surrounding this token is undeniable and more and more people are realizing its potential.
Further increasing PeiPei’s visibility is its recent interaction with Brett, another of X’s trending projects. The collaboration between the PeiPei and Brett communities has been well-received and shows a rare sense of unity in the competitive world of cryptocurrencies.
If you’re looking for investment opportunities with the potential for big returns and value increases during the next bull market, check out our guide to the best crypto presales of 2024 here.
High-growth alternative investments that can increase your portfolio 10x – $PEPU
Pepe Unchained attracted significant investment interest, especially during the accumulation phase when PeiPei’s price was volatile. The project has made significant progress in its social media presence, particularly on Twitter, where it is approaching 20,000 followers.
Additionally, Telegram has an active community of over 8,000 members, generating daily inflows of $200,000 to $250,000. This consistent flow of investments clearly distinguishes Pepe Unchained from other projects in this space.
To date, it has raised nearly $16 million in presale, highlighting its strong technical capabilities, passive income opportunities, and practical use cases. This effort is focused on developing a layer 2 blockchain specifically for memecoins to differentiate them in the market.
It offers attractive features such as low transaction fees, 100x faster speeds than Ethereum, and instant bridging options. Recognizing its potential, investors are pouring large amounts of money into this blockchain.
Receiving data…
process…
Outlook: Bullish! pic.twitter.com/Qh9bxT22cu
— Pepe Unchained (@pepe_unchained) September 28, 2024
From a tokenomics perspective, 40% of the tokens are allocated to presale and 30% to staking, boasting an impressive annual staking reward of 138%.
The project also has a strong marketing strategy, supported by a dedicated budget to increase awareness and engagement.
With prices expected to rise in the run-up to its official launch, there are plenty of opportunities for investors to take advantage of its growth potential.
Many industry players believe that Pepe Unchained will emerge as a pivotal platform for meme-related projects, including meme coins and tokens.
Backed by significant investments from key stakeholders, Pepe Unchained is strategically poised to grow in the upcoming bull market and attracts a community looking for big returns. To participate in the $PEPU token presale, please visit pepeunchained.com.
related
- Is Turbo poised to make a big move this October, or will Pepe Unchained rise first?
- Pepe Unchained Layer 2 ICO Crosses $15 Million Milestone, Pepe Price Soars 18% Today
The post PeiPei Goes Ballistic: Pepe Unchained presales soar to nearly $16 million, eyes on $100 million market cap milestone appeared first on ReadWrite.
