Pepe

Coin

Popcat is one of the few meme coins that has claimed a $1 billion market cap, reaching the revered valuation on Wednesday.  
But as Popcat cements itself as a leading meme coin, the new presale token Pepe Unchained is gaining momentum as it raises over $15 million.  
<h2 class="wp-block-heading" id="h-popcat-surges-over-40-to-1b-market-cap-whale-fomo-buys-the-pump">Popcat Surges Over 40% to $1B Market Cap, Whale FOMO Buys the Pump</h2>  
The Solana-based meme coin hit a transformative milestone on Wednesday by claiming a $1 billion valuation.  
This came on the back of a significant pump this month. It remains up 43% and is currently priced at $0.99.  
At press time, Popcat has slipped under the $1 billion mark, currently at $970 million amid a wider market cooldown. However, its weekly and monthly performance remains firmly in the green, indicating that the uptrend is intact.  
It’s clear that investor enthusiasm is rising, which is reflected in a series of big buys from whales.&nbsp;  
One investor who previously lost over $600K on Popcat has <a href="https://solscan.io/account/EN6wXeg7j3qcyrrAggruRKfmu1sk4qAvHbKLsttfMXFC#transfers" target="_blank" rel="noopener noreferrer nofollow">reentered</a> the meme coin with a $1.29 million investment on Wednesday, clearly not wanting to miss a potential forthcoming rally.  
Meanwhile, leading analysts are anticipating more gains ahead for the cat-themed token.  
PoeticXBT notes that Popcat is teetering on its July resistance. At the same time, the analyst illustrates that the token is creating upward-moving trendline resistance.&nbsp;  
Per the chart, the next trendline resistance retest may be around the $1.3 mark. However, the analyst expects a breakout to the upside, with a final target of $2.5 in November.  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
 https://twitter.com/PoeticXBT/status/1838700950631907830
 </div>
</figure>  
Meanwhile, an analyst who goes by Trade4ddict highlighted the same chart formation as PoeticXBT, stating, “We have been consolidating right below the $1 top for a while now, and that's a strong sign for a potential bull continuation.”  
According to the analyst, POPCAT’s next leg may propel it toward $2.  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
 https://twitter.com/Trade4ddict/status/1838552091725283338
 </div>
</figure>  
The meme coin market is recovering rapidly. After months of downward momentum, many projects have started making significant gains.&nbsp;  
This reflects a clear shift in market sentiment, with traders more optimistic and expanding their exposure to higher-risk assets.  
As such, newer meme coins like Pepe Unchained have also thrived. The project is undergoing a presale and has raised $15.3 million so far.  
<h2 class="wp-block-heading" id="h-pepe-unchained-is-the-first-meme-coin-with-its-blockchain-will-it-explode-like-popcat">Pepe Unchained is the First Meme Coin With its Blockchain - Will it Explode Like Popcat?</h2>  
Imagine a fast and low-cost Ethereum layer 2 blockchain dedicated solely to meme coins and meme coin-related dApps. That’s what <a href="https://coinpedia.care/b_pepeunchained-en_98081?referrer=popcat-reaches-$1-billion-market-cap-as-pepe-unchained-presale-raises-$15m" target="_blank" rel="noopener noreferrer nofollow">Pepe Unchained</a> is building.  
The concept has investors hooked. It has raised over $15 million in its presale, and the daily raise keeps getting higher and higher. Over $200K has poured in just in the past 24 hours.  
As meme coin season resumes, traders seek a standout project that could lead the way - many are betting on $PEPU.&nbsp;  
The ‘Pepe Chain’ will be much cheaper and 100x faster than Ethereum. It’ll also launch with a dedicated Ethereum bridge, a block explorer, a staking mechanism, a decentralized exchange, and more.  
In a recent <a href="https://x.com/pepe_unchained/status/1836375195785007225" target="_blank" rel="noopener noreferrer nofollow">announcement</a>, the team revealed it’s talking with tier 1 exchanges to launch the token after the presale. This would open it to a new audience and potentially massive liquidity inflows.  
All of this is causing significant excitement, with over 18,000 traders joining <a href="https://x.com/pepe_unchained" target="_blank" rel="noopener noreferrer nofollow">Pepe Unchained X</a> and 8,000 joining its <a href="https://t.me/pepeunchained" target="_blank" rel="noopener noreferrer nofollow">Telegram</a>.  
Meanwhile, expert analysts are also bullish. Austin Hilton told his 274K YouTube subscribers it is “the biggest meme coin launch of all time.”  
“This thing is huge - I have put money into it because I think it will be massive. I’m looking at at least a 3-4x,” he said.  
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio">
 <div class="wp-block-embed__wrapper">
 https://www.youtube.com/watch?v=J9L48uJYIc4
 </div>
</figure>  
The current Pepe Unchained presale price is $0.00985.  
However, this will rise throughout the campaign, with the next increase occurring in one day.  
<a href="https://coinpedia.care/b_pepeunchained-en_98081?referrer=popcat-reaches-$1-billion-market-cap-as-pepe-unchained-presale-raises-$15m" target="_blank" rel="noopener noreferrer nofollow">Visit Pepe Unchained Presale</a>

Coinpedia Fintech News

Table of Contents

CoinPedia News

Other articles published on Sep 26, 2024

Earn 25% APY with USDh: Bitcoin-Backed Dollar Live

Court Declares Crypto Mining ‘Boxes’ as Securities in SEC’s Case Against Green United

Whale unstaked $30m in SOL; will Solana crash again?

Shiba Inu Exec Hints At SHI Stablecoin Launch on Shibarium

Three altcoins to soar in October: ADA to $1, SOL to $200, and new 10x coin

Reasons Behind Chainlink’s (LINK) Recent Price Breakout, Can it Go Higher?

Join our free newsletter for daily crypto updates!