search
Homeweb3.0Dogecoin and Pepe Unchained Surge on Whale Activity and New Development Grant

Few tokens have been able to generate as much excitement as Dogecoin and Pepe Unchained (PEPU). Both are making significant waves in the market

Dogecoin and Pepe Unchained Surge on Whale Activity and New Development Grant

Both Dogecoin and Pepe Unchained (PEPU) have garnered significant attention in the market, driven by bullish whale activity and innovative technological developments.

Over the last 48 hours, Dogecoin experienced a surge of over 1,757%, fueled by large-scale purchases from whales, while Pepe Unchained hit the $14 million milestone in its presale, largely driven by its new development grant announcement.

These two forces in the meme coin universe are capturing the attention of traders and investors, as they set the stage for what could be a transformative Q4 in the cryptocurrency market.

Dogecoin Surges 1,757% Amid Whale Activity

As the original meme coin, Dogecoin experienced an explosive rally over the last day, surging by an incredible 1,757% as major investors poured into the market.

According to on-chain data from IntoTheBlock, large holders of Dogecoin, often referred to as “whales”, have dramatically increased their activity.

In just 24 hours, the netflow of DOGE into whale wallets skyrocketed from 7.4 million to 123.03 million DOGE.

This sharp increase in whale activity has led analysts to believe that Dogecoin could be gearing up for a much larger run, as the market shows signs of bullish sentiment.

Historically, whale accumulations at price lows have often signaled upcoming price surges and the current behaviour of major DOGE holders aligns with this trend.

Along with the bullish on-chain data, Dogecoin is also on the verge of achieving its first golden cross in over four years.

This technical pattern, where the short-term moving average crosses above the long-term moving average, is a widely regarded signal of sustained upward momentum.

The last time Dogecoin achieved a golden cross was in January 2021, during its legendary run where it gained 8,000% in value, reaching an all-time high of $0.76.

Dogecoin’s latest rally is not just about whale activity; it speaks to the broader market’s renewed interest in meme coins. As the market anticipates further gains, traders and investors are keeping a close eye on Dogecoin’s next moves, particularly as we approach the potential for a new bull run in October.

Pepe Unchained Crushes $14M Milestone and Introduces New Development Grant

While Dogecoin continues to rally, Pepe Unchained (PEPU) is rapidly making a name for itself in the meme coin world. Pepe Unchained has now surpassed the $14 million mark, just as the project unveiled a game-changing development grant through its “Pepe Frens With Benefits” feature.

This announcement is part of Pepe Unchained’s broader strategy to expand its ecosystem by encouraging community-driven development on its custom Layer-2 blockchain, Pepe Chain.

The development grant, set to open for applications in Q4 2024, will incentivise developers to build decentralised applications (dApps) on Pepe Chain, which is designed to solve the scalability issues that have plagued Ethereum for years.

The combination of fast transactions, low fees and compatibility with Ethereum has caught the attention of crypto analysts and traders, many of whom believe that Pepe Unchained is poised to become a major player in the meme coin sector.

Its robust Layer-2 infrastructure offers an alternative to Ethereum’s often slow and costly transactions, giving users and developers a more efficient platform for launching new meme coins.

Pepe Unchained’s presale success has been driven by several factors. In addition to the appeal of its Layer-2 blockchain, the project has introduced a double staking protocol that has quickly gained traction among investors.

When first launched, the staking annual percentage yield (APY) was a staggering 16,000%, attracting a flood of interest from traders. Though the APY has since settled at a more sustainable 148%, the staking protocol remains a key feature of the project, with over 145 million PEPU tokens already staked before the official launch.

What makes Pepe Unchained stand out is its focus on creating a full-fledged ecosystem. The team has set aside 30% of the total token supply for staking rewards, ensuring that early investors are incentivised to hold and stake their tokens.

Additionally, 20% of the supply has been allocated to marketing efforts, which is helping to generate ongoing hype around the project. With more than 10,000 followers on Twitter and significant interest from YouTubers like Jacob Bury, who is predicting that PEPU could see 100x gains once it lists on decentralised exchanges, the momentum behind Pepe Unchained shows no signs of slowing.

Pepe Unchained의 야심찬 로드맵과 시장 포지셔닝

Pepe Unchained의 가장 흥미로운 측면 중 하나는 새로운 밈 코인 출시를 위한 플랫폼이 되겠다는 야망입니다. Pepe Chain이 제공하는 확장성 이점으로

The above is the detailed content of Dogecoin and Pepe Unchained Surge on Whale Activity and New Development Grant. For more information, please follow other related articles on the PHP Chinese website!

Statement
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn
Neiro, the Meme Coin Inspired by Atsuko Sato's New Dog, Raises Question MarksNeiro, the Meme Coin Inspired by Atsuko Sato's New Dog, Raises Question MarksJul 30, 2024 am 03:20 AM

As you've been following on Kriptokoin.com, meme coin projects are gaining a lot of traction in the crypto world, despite being risky.

Neiro (NEIRO) Token Skyrockets to $100 Million Market Cap, Aims to Be the Next DogecoinNeiro (NEIRO) Token Skyrockets to $100 Million Market Cap, Aims to Be the Next DogecoinAug 01, 2024 am 03:10 AM

The crypto community might be set to witness the birth of the next Dogecoin following a recent announcement made by the beloved Kabosu's owner.

Dogecoin (DOGE) Price Prediction: CHances of a Breakout and Trend Reversal Are Under Threat as the Bears Dominate the Falling WedgeDogecoin (DOGE) Price Prediction: CHances of a Breakout and Trend Reversal Are Under Threat as the Bears Dominate the Falling WedgeJul 30, 2024 pm 06:51 PM

With a major rejection in Bitcoin from the $70K mark, the broader market sentiment is at risk. Amidst the growing supply, the meme coins are at a crossroads

Elon Musk Still Believes "There Is Merit" in Bitcoin and Some Other Cryptos, but Has No Plans to Promote ThemElon Musk Still Believes "There Is Merit" in Bitcoin and Some Other Cryptos, but Has No Plans to Promote ThemJul 30, 2024 am 09:21 AM

The highly-awaited Bitcoin 2024 Conference came and went by without Tesla/SpaceX CEO Elon Musk making an appearance alongside former President Donald Trump

Dogecoin (DOGE) Large Transaction Volume Spikes 29.27% to $1.1B, Network Activity JumpsDogecoin (DOGE) Large Transaction Volume Spikes 29.27% to $1.1B, Network Activity JumpsJul 29, 2024 am 03:54 AM

According to IntoTheBlock data, dog-themed cryptocurrency Dogecoin (DOGE) is reporting a staggering $1.1 billion in large transaction volume

Memecoins Return to the Spotlight: Dogecoin (DOGE) Eyes $0.5, Shiba Inu (SHIB) Gears Up For a 2x JumpMemecoins Return to the Spotlight: Dogecoin (DOGE) Eyes $0.5, Shiba Inu (SHIB) Gears Up For a 2x JumpAug 01, 2024 am 03:36 AM

Memecoins, a popular, if not the most widely known, crypto narrative, returns to the spotlight. Dogecoin (DOGE) and Shiba Inu (SHIB), the top memecoins and dog-themed cryptocurrencies, gather momentum for their next bull leg.

Dogecoin And Shiba Inu Whale Transactions Rise As Crypto Whales Make Moves In Meme CoinsDogecoin And Shiba Inu Whale Transactions Rise As Crypto Whales Make Moves In Meme CoinsJul 25, 2024 pm 02:40 PM

As the market retraces from its weekend surge, Crypto whales are beginning to make moves in meme coins such as Dogecoin and Shiba Inu once again.

Dogecoin (DOGE) Outlook Is Bullish As A Golden Cross Is Set To Appear On The Meme Coin’s ChartDogecoin (DOGE) Outlook Is Bullish As A Golden Cross Is Set To Appear On The Meme Coin’s ChartJul 26, 2024 pm 03:57 PM

Based on history, such development could mark the beginning of a massive rally for DOGE.

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

AI Hentai Generator

AI Hentai Generator

Generate AI Hentai for free.

Hot Article

Hot Tools

ZendStudio 13.5.1 Mac

ZendStudio 13.5.1 Mac

Powerful PHP integrated development environment

Safe Exam Browser

Safe Exam Browser

Safe Exam Browser is a secure browser environment for taking online exams securely. This software turns any computer into a secure workstation. It controls access to any utility and prevents students from using unauthorized resources.

DVWA

DVWA

Damn Vulnerable Web App (DVWA) is a PHP/MySQL web application that is very vulnerable. Its main goals are to be an aid for security professionals to test their skills and tools in a legal environment, to help web developers better understand the process of securing web applications, and to help teachers/students teach/learn in a classroom environment Web application security. The goal of DVWA is to practice some of the most common web vulnerabilities through a simple and straightforward interface, with varying degrees of difficulty. Please note that this software

SublimeText3 English version

SublimeText3 English version

Recommended: Win version, supports code prompts!

VSCode Windows 64-bit Download

VSCode Windows 64-bit Download

A free and powerful IDE editor launched by Microsoft