Here’s the best crypto to buy now as Cardano (ADA) price stays flat This new meme coin, boasting a Layer-2 solution, raised over $5 million. Pepe Unchained addresses the volatility concerns of meme coins with its faster, cheaper transactions, attracting significant investor interest. The presale is nearing a sell-out
Cardano (ADA) continues to frustrate investors with torpid price action.#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;}
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After months of waiting, investors are actively moving to new crypto projects with fertile landscapes for growth.
That partly explains the rapid progress of the Pepe Unchained presale, which just smashed through the $5 million milestone.
Pepe Unchained comes in a meme coin packaging. But it is a layer-2 blockchain designed for meme coins. Strategic and speculative investors are stocking up on the utility meme coin at presale prices.
ADA price stays flat
The Cardano (ADA) price has climbed 33% in a year.Bitcoin soared 86.20% during the same period. Ethereum stands tall with a 63.92% surge.
Solana recorded the most astonishing jump, however.
SOL jumped 517.52%, tapping into Solang, Saga Mobile Phone, Visa integration, stablecoin lead, and more.
Cardano significantly pales in comparison. The fact that Cardano is still over 80% down from its all-time high of $3.10 adds to the injury. The ADA price is around $0.4 at press time.
Established crypto coins like Ethereum and Solana are further ahead on the road to recovery.
That explains why Cardano has slipped to the 10th position on the global crypto chart, below Solana, Toncoin, and even Dogecoin.
Spotlight WireADA 1-year price action, source: CoinMarketCapThe fierce competition from emerging blockchains with more fertile environments poses a threat to Cardano. For example, Solana has established itself as a hotspot for trending crypto products like meme coins and stablecoins this year. Solana meme coins like Bonk and Dogwifhat are valued at billion-dollar market caps. The Solana label is a crowd-puller for meme coins, at this point.
While Solana has a $73 billion market cap, Cardano is down to just $15 billion. Investors find it dispiriting that Dogecoin fares better in comparison at $15 billion.
A sarcastic coin with no utility or real-world purpose has beaten Cardano, a project that took root in the crypto market with great ambitions.
Is Cardano going to zero?
No, but Cardano has to step up the game to justify its market relevance.A look at the historical activity of Cardano shows that the blockchain is on a decline. Despite occasional spikes, Cardano has been putting forward a lukewarm performance.
It has failed to kindle strong investor and user interest.
Spotlight WireCardano all-time activity, source: DappradarCardano dApps have also been recording lacklustre numbers. For example, Minsawp, the decentralised exchange on Cardano, has recorded a 33.02% plunge in volume in thirty days.If Cardano drops below $0.3, a recovery will be challenging. It could trigger whales to liquidate their holdings and move on to greener pastures. Cardano’s weak price movements have failed to inspire traders as well.
But the broader market bull movement, predicted to peak in August, could take ADA high up the charts. Although a wild rally is unlikely, ADA has the potential to establish strong support at $0.5 by the end of this period.
A promising start: $5 million raised in Pepe Unchained meme coin presale
Pepe Unchained ($PEPU) is an upcoming Layer 2 chain that claims faster, cheaper, and more efficient transactions than Ethereum.Spotlight WireAlthough Pepe Unchained is themed around Pepe, it is not another copycat. The utility project comes with a purpose, comparable to those of Ethereum, Solana, and Cardano.Layer 2 matters for meme coins
Meme coins are volatile assets. They are highly susceptible to external triggers. A meme coin can jump 20% to 200% overnight, depending on the volatility.At the same time, they can crash to a point of no return.
While meme coins are known for generating multimillion-dollar profits for some investors, they are also notorious for wiping wallets in an instant. Most meme coins enjoy a short period of limelight before they fade into oblivion.
To maintain a profitable meme coin portfolio, it is important to make on-time decisions.
This is where the reliability of the network enters the picture.
Bulky blockchain networks like Ethereum have long put investors and traders in misery. Especially during bull runs, the gas fees on these networks skyrocket. The network clogs add to the trouble.
By the end of meme coin pumps, many investors are left behind with huge losses.
That underscores the relevance of Pepe Unchained.
Spotlight WireIt addresses a much-needed problem for the frustrated meme coin community. Pepe Unchained helps them capitalise on market opportunities with ease.The new layer 2 comes with instant bridging, low transaction fees, higher volume capacity (100x faster than ETH), and a dedicated block explorer.
Best crypto to invest in now?
Most meme coins are fleeting sensations.Due to its utility core, Pepe Unchained is designed to be an exception.
The Layer 2 technology will drive organic demand for $PEPU tokens even after the initial momentum dies down. The risk of pump-and-dump is low, as a result.
As a potential hub for next-gen meme coins, Pepe Unchained has a bright road ahead.
Top influencers and analysts agree. For instance, 99Bitcoins analyses that Pepe Unchained ‘could see Pepe level returns’. 99Bitcoins is a credible crypto educational platform with over 700,000 followers.
Although it's rare for meme coin derivatives to rise to the levels of their originals, Pepe Unchained stands out. Due to its promising layer 2 solution, Pepe Unchained could match Pepe's past performance.
The Pepe community has expanded to 6000+ users on Twitter over the last few days. All of these potentially make PEPU one of the hottest cryptos to buy right now.
The presale window closes soon
The rapid progress of the $PEPU presale hints at a wild pump on its debut launch.The project has attracted over $5 million from strategic and speculative investors so far. An attractive staking system (above 500% as of this writing) adds to the craze. Over 319 million $PEPU tokens have been staked so far.
Spotlight WireWith the presale looking at a sell-out much ahead of schedule, investors should act early to grab the token for presale prices.The presale price undergoes a slight increase with each new stage.
Buy Pepe Unchained ($PEPU) in the presale
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