Pepe (PEPE), the once-niche meme coin, has exploded in popularity, surging a staggering 70% in the past week. This rally reflects a broader trend in the meme coin market, which has seen a collective market cap reach a whopping $60 billion.
Pepe on a Tear: Whales Take Notice
PEPE’s price has skyrocketed to $0.0000112, representing a 25% increase in the month. This impressive gain has attracted significant attention from whales and other investors, propelling trading volumes to $800 million within a 24-hour period.
The meme coin phenomenon isn’t just about retail investors. Whales have been accumulating PEPE, with one notable purchase of 5 million tokens valued at $50,000. This strong institutional interest underscores the growing confidence in PEPE’s potential.
Read more:Pepe Coin’s Support Level on the Brink—Should You Sell?
Pepe Unchained Presale Hits $20 Million Milestone
While PEPE itself is making headlines, its Layer-2 counterpart, Pepe Unchained ($PEPU), is also generating excitement. The $PEPU presale has achieved a major milestone, surpassing the $20 million mark. This significant achievement in just four days reflects the widespread investor interest in the project.
Whale activity further fuels the $PEPU hype. A recent trade saw a whale swap $53,563 worth of Ethereum for 4.6 million $PEPU tokens. This substantial investment further bolsters confidence in the project’s future.
Read more:PEPE Coin Surges 51% in Volume—Is a Price Explosion Coming?
Looking ahead, Pepe Unchained is actively seeking developer grants. This strategic move aims to promote innovation on its Layer-2 blockchain, potentially unlocking new utilities for the $PEPU token.
Nollars Network: A Solution for Speeding Up Pepe Trades
The surging popularity of PEPE has highlighted the limitations of traditional blockchain networks, particularly during periods of high trading volume. To address these challenges, Nollars Network, a Layer-2 solution, has emerged as a potential game-changer.
Nollars Network promises faster transaction speeds and reduced fees. This could be a major boon for PEPE traders, allowing them to capitalize on rapid price movements without network congestion hindering their actions.
Read more:PEPE Coin Up 32%, But Experts Warn of Potential $0.00000839 Crash!
Faster transaction speeds offered by Nollars Network could translate to several benefits for PEPE traders:
- Quicker Trade Execution: Execute trades with greater speed, enabling traders to react promptly to market fluctuations.
- Enhanced Profit Potential: Reduced delays could improve accuracy when locking in profits, potentially maximizing returns on investment.
To fuel its vision for faster meme coin trading, Nollars Network has launched its native token, $NOLA, through a presale. Early investors are incentivized with a starting price of $0.50 per token, with a gradual increase as the presale progresses.
The confluence of a booming meme coin market and the promise of faster transactions via Nollars Network underscores a potentially transformative period for PEPE and meme coin enthusiasts alike. With the potential for quicker automated trades and maximized gains, Nollars Network could become a critical tool for savvy investors seeking to navigate the high-volume world of meme coin trading.
