PeiPei crypto is falling. Meanwhile, smart investors are doubling down on Pepe Unchained, whose viral PEPU presale has raised over $6.7 million
Crypto is selling off, looking at the turn of events in the past day. Solana, Ethereum, Bitcoin, and even the top performer, XRP, are all in red.
Top meme coins have also not been spared. Dogecoin, WIF, PEPE, and FLOKI are all bleeding.
The dump has seen the scene lose over $5 billion as the total market cap contracted to just over $45 billion.
(Source)
But even as the market cools off, eyes are on two top-quality PEPE alternatives.
PeiPei Falters: Meme Coin Falls Despite Bybit Partnership
One of them, PeiPei, has been garnering investor attention after exploding since its launch.
Data shows that the token deployed on Ethereum rose by over 2,000X within the first two weeks of launch in June.
Prices even spiked some more after PeiPei was endorsed by one of Bitcoin’s OGs.
Davinci Jeremie even said he is the official brand ambassador of PEIPEI.
According to Etherscan data, Jeremie holds over $433,000 of the token.
PeiPei, often called the “Chinese Pepe,” is also steady. It is soaking up the intense selling pressure primarily because of the team’s partnership with Bybit, a crypto exchange.
Through this deal, community members will receive exclusive benefits, including a $200 USDT airdrop when they trade.
It remains to be seen how PEIPEI prices will react in the coming days and weeks.
The token might be up 330% from June lows, but it has fallen from July’s all-time high.
Though it is within a bear breakout formation, breaching the multi-day support trend line, how prices react at $0.0000001716 will shape the short to medium-term.
If bulls take over, a breach above $0.0000004034 will be crucial.
The broad market recovery will fan demand.
However, if the team achieves some of its key milestones, including partnering with more crypto projects, PEIPEI would roar even higher.
Pepe Unchained: Is This The True PEPE Heir?
As PeiPei contracts, investors are backing another PEPE alternative, Pepe Unchained.
The project is the latest in the burgeoning meme market, but it aims to be tech-driven and unique.
Pepe Unchained plans to develop an Ethereum layer-2 platform dedicated to meme coins.
Through this solution, meme coin traders will enjoy drastically lower fees and high scalability while benefiting from the security of the Ethereum mainnet.
For their objective, Pepe Unchained has raised over $6.7 million in the ongoing viral PEPU presale.
So far, interested investors can buy PEPU for just $0.0088044 using top cryptocurrencies like USDT and ETH. Debit/Credit cards are also allowed.
At the same time, investors can choose to stake, receiving a high staking yield of 289%.
EXPLORE: What is DeFi? A Beginner’s Guide
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
Why you can trust 99Bitcoins
Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.
Weekly Research
100k+Monthly readers
Expert contributors
2000+Crypto Projects Reviewed
