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Whale investors are pouring millions into Goatseus Maximus (GOAT), with a staggering investment pushing the token up by 63%. Now, Pepe Unchained ($PEPU) is positioned as the next potential target for high-stakes traders.
Crypto whale investors have recently zeroed in on Goatseus Maximus (GOAT), propelling its value with millions of dollars in trades. The latest surge of interest saw a prominent investor allocate $2.41 million in Solana (SOL) for GOAT tokens, creating a spike that pushed the token’s price up by 63%.
According to Lookonchain, a leading blockchain analytics platform, this investor deployed an initial 10,313 SOL, equivalent to around $1.72 million, to acquire 4.5 million GOAT tokens at an average purchase price of $0.383. With an additional 4,096 SOL ($682,000) still available, there may be further acquisitions to boost the GOAT market.
The impact of this substantial whale investment was swift, with GOAT trading volume increasing by 11% within a day, signalling a growing interest in this meme coin. As more whales join in, GOAT’s reputation among high-stakes investors continues to solidify.
BitMEX co-founder Arthur Hayes added fuel to the momentum, posting on social media on Oct. 23 to encourage followers to “Pump the GOAT”. Hayes has previously suggested that the token has the potential for a tenfold increase in value, capturing attention across the crypto community.
Market indicators further highlight GOAT’s bullish trend, with Coinglass data showing a long/short ratio of 1.32, indicating that traders predominantly favour long positions. As whales continue to bet on meme coins, other tokens are gaining their attention, including Pepe Unchained ($PEPU), a token that’s quickly rising through the ranks.
Pepe Unchained ($PEPU) Attracts Early Whale Investors and High-Risk Traders
As GOAT experiences rapid growth, Pepe Unchained ($PEPU) is now emerging as a favourite among whale investors, catching the attention of high-risk traders and influencers alike.
Pepe Unchained has raised an impressive $22.3 million in its presale phase, fueled by a $1 million funding surge in just 24 hours. The presale’s current price of $0.01177 has prompted investors to get in early, with analysts suggesting that early whale investments may have sparked a domino effect, attracting hundreds of new buyers in anticipation of substantial returns.
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Crypto analyst ClayBro, who shared Pepe Unchained’s presale on his YouTube channel, advised his 130,000 followers to take note, hinting that the token could experience a significant price increase upon its public launch.
With a foundation on Ethereum, a widely trusted platform for meme coins, Pepe Unchained is positioned for potential growth. According to ClayBro, the funds raised in the presale have positioned the team well to build a unique Layer-2 blockchain on Ethereum, promising innovative applications beyond typical meme coin usage.
In addition to widespread excitement from everyday investors, a notable whale recently purchased 19 ETH worth approximately $51,000 in Pepe Unchained, according to data from Etherscan. The project has drawn praise from industry analysts, with some noting that its rapid fundraising, coupled with its ambitious Ethereum-based Layer-2 network, could position Pepe Unchained for a meteoric rise once listed on decentralized exchanges (DEXs).
Layer-2 Innovations and Ecosystem Expansion
Pepe Unchained’s ongoing development goes beyond presales, aiming to establish a comprehensive ecosystem around its Layer-2 Pepe Chain. Last week, the project announced its “Pepe Frens with Benefits” developer grant program, which encourages developers to build on Pepe Chain.
This grant initiative is intended to attract new talent to the platform, with a focus on expanding its capabilities and fostering a community of developers dedicated to meme coin innovation.
In addition to the grants, Pepe Unchained’s updated website now serves as a centralised hub for its ecosystem, providing information about its expanding lineup of blockchain projects. The community-driven approach of Pepe Unchained is bolstered by its roadmap, which promises to introduce more features and opportunities for engagement within the crypto space.
The $PEPU token itself has gained popularity, securing second place on CoinSniper.net, a platform ranking upcoming token launches, which further cements its status among meme coin investors. The token has also gained substantial traction on social media, with over 12,000 Twitter followers and a growing base of community support eager for its DEX debut.
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The allure of Pepe Unchained is amplified by its decentralisation strategy, with funds from the presale funnelled into building out its ecosystem and expanding functionalities for meme coin holders. Influential crypto figures have voiced their support for Pepe Unchained, contributing to the ongoing increase in community size and market interest.
Whales Drive Growth in the Meme Coin Sector
With substantial funds raised and a clear roadmap focused on decentralisation and Layer-2 development, Pepe Unchained is positioned to capture investor attention in the coming months. Whether it will replicate GOAT’s 63% spike remains to be seen, but with whale activity on the rise, Pepe Unchained’s $PEPU could be the next meme coin to reach new heights.
Source: https://coinedition.com/crypto-whales-boost-goat-token-pepe-unchained-next-in-line/