Pepe is up 12% today as meme coin prices start to pump, with the likes of Dogwifhat and Popcat also surging. Meanwhile, a new token Pepe Unchained is also showing bullish growth, having raised almost $18m through its ongoing presale.
The crypto market has shown resilience after last week’s geopolitical-driven selloff.
Military escalations in the Middle East caused prices to crash, but Bitcoin is guiding the market toward local highs.
Pepe is showing serious momentum, pumping 12% in the past 24 hours.
The growing appetite for Pepe comes as Bitcoin reclaims the $63.5K level, providing a sense of optimism that the market is back on its bullish course, which began on the U.S. interest rate cuts in September.
However, Pepe’s performance puts it in an above-average position.
Analysts are noting that its price chart is showing a lot of strength.
Obi pointed out that its weekly close landed above a previous resistance level and says he is “incredibly bullish.”
Meanwhile, Crypto Zeus says the chart looks “extremely explosive,” pointing to its notable strength after last week’s crash.
And it’s the same story with its fundamentals.
Davie Satoshi dubs Pepe “the ultimate anti-establishment movement.”
He highlights Pepe’s cultural symbolism and its worldwide prevalence.
The analyst also hails “the innate and untapped power of the Pepe brand.”
Pepe has been a top performer this cycle, significantly outpacing the two largest meme coins, Dogecoin and Shiba Inu.
This is why the “Dogecoin Millionaire,” Glauber Contessoto, recently tweeted that “anything Pepe-related” will be a “clear winner” in the 2025 meme coin season.
Pepe Unchained is one of these Pepe-related tokens with massive potential. It’s currently undergoing a presale and has raised a staggering $17.7 million so far.
Analysts are backing Pepe Unchained for 100x gains after its presale.
The project is a Pepe-themed Ethereum layer 2.
It’ll have 100x faster and much cheaper transactions than the Ethereum main network, and everything will be centred around meme coins.
Think meme coin-related dApps and a roster of meme coins bigger than anything you’ve seen before.
The team is expediting ecosystem growth with developer grants, which will pay people to launch their projects on the Pepe chain.
Moreover, the project comes equipped with a slew of pre-built features. These include staking, a block explorer, a dedicated Ethereum bridge, and a decentralized exchange.
It has everything you’d expect from a top blockchain.
And its position as the first meme coin Ethereum layer 2 is generating a lot of interest from analysts.
For instance, Jacob Bury told 99Bitcoins viewers that Pepe Unchained could be the next 10-100x crypto.
He underscored that Pepe-themed tokens tend to perform well, yet Pepe Unchained’s use case separates it from its peers.
Right now, investors can buy Pepe Unchained at presale for $0.00993, but this price will rise throughout the campaign.
The next increase will occur in one day.
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