Meme Coin Market Crashes as Traders Flock to Pepe Unchained ICO[embed]https://www.youtube.com/watch?v=mCSPbbRU-qQ[/embed]

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    <p>The meme coin sector is experiencing a significant downturn, with prominent coins like PEPE and DOGE plummeting by double digits in just the last 24 hours.</p>
    <p>Yet amidst the struggle, a particular project is gaining attention.</p>
    <p>Pepe Unchained (PEPU) is outperforming the market, with its ICO nearing the $17 million milestone.</p>
    <h2>Meme Coins Suffer as $7 Billion Erased from Market Capitalization</h2>
    <p>Investors in meme coins are facing the brunt of the market crash.</p>
    <p>What was anticipated to be a robust October has devolved into a calamity.</p>
    <p><img class="alignnone size-full wp-image-364006" src="data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCA2MjQgNDAxIiB3aWR0aD0iNjI0IiBoZWlnaHQ9IjQwMSIgZGF0YS11PSJodHRwcyUzQSUyRiUyRmNyeXB0b3BvdGF0by5jb20lMkZ3cC1jb250ZW50JTJGdXBsb2FkcyUyRjIwMjQlMkYxMCUyRlBpY3R1cmUxLTIucG5nIiBkYXRhLXc9IjYyNCIgZGF0YS1oPSI0MDEiIGRhdGEtYmlwPSIiPjwvc3ZnPg==" data-spai="1" alt="" width="624" height="401"/></p>
    <p>In just a few days, <a href="https://coinmarketcap.com/view/memes/" data-wpel-link="exclude" target="_blank" rel="nofollow noopener noreferrer"> over $7 billion</a> has been wiped from the total market cap of meme coins.</p>
    <p>It resembles a slow-motion disaster.</p>
    <p>All major players are taking substantial losses.</p>
    <p>DOGE is down by 10%, PEPE and FLOKI have dropped 15%, while SUNDOG is facing a 22% decline.</p>
    <p>Interestingly, spot trading volume for meme coins surged to $9 billion in the past day – likely fueled by panic selling.</p>
    <p>The <a href="https://alternative.me/crypto/fear-and-greed-index/" data-wpel-link="exclude" target="_blank" rel="nofollow noopener noreferrer"> Crypto Fear &amp; Greed Index</a> has fallen to 42.</p>
    <p><img class="alignnone size-full wp-image-364007" src="data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCA2MjQgMjkxIiB3aWR0aD0iNjI0IiBoZWlnaHQ9IjI5MSIgZGF0YS11PSJodHRwcyUzQSUyRiUyRmNyeXB0b3BvdGF0by5jb20lMkZ3cC1jb250ZW50JTJGdXBsb2FkcyUyRjIwMjQlMkYxMCUyRlBpY3R1cmUyLTIucG5nIiBkYXRhLXc9IjYyNCIgZGF0YS1oPSIyOTEiIGRhdGEtYmlwPSIiPjwvc3ZnPg==" data-spai="1" alt="" width="624" height="291"/></p>
    <p>This signals a return to “Fear” territory.</p>
    <p>Now, the question on everyone’s lips is: Is this a temporary setback, or are we witnessing the onset of a prolonged “crypto winter”?</p>
    <p>No one has the answer yet, but the outlook for meme coins appears quite bleak.</p>
    <h2>Spot Crypto ETFs Also Experience Downturn</h2>
    <p>Meme coins aren't the sole assets facing pressure at the moment.</p>
    <p>Spot ETFs, which are considered a significant step towards mainstream crypto adoption, are also underperforming.</p>
    <p>Fidelity’s ETH ETF recently had<a href="https://x.com/FarsideUK/status/1841323173255561589" data-wpel-link="exclude" target="_blank" rel="nofollow noopener noreferrer"> its worst day ever</a>, dropping $25 million in a single trading session.</p>
    <p>That's a large number of investors exiting the market.</p>
    <p>And it’s not limited to Ethereum.</p>
    <p>Spot Bitcoin ETFs are seeing a similar trend, with a staggering $242 million pulled from them just yesterday.</p>
    <p>The Fidelity ETF alone lost $144 million.</p>
    <p><img class="alignnone size-full wp-image-364008" src="data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCA1MjggNTUyIiB3aWR0aD0iNTI4IiBoZWlnaHQ9IjU1MiIgZGF0YS11PSJodHRwcyUzQSUyRiUyRmNyeXB0b3BvdGF0by5jb20lMkZ3cC1jb250ZW50JTJGdXBsb2FkcyUyRjIwMjQlMkYxMCUyRlBpY3R1cmUzLTIucG5nIiBkYXRhLXc9IjUyOCIgZGF0YS1oPSI1NTIiIGRhdGEtYmlwPSIiPjwvc3ZnPg==" data-spai="1" alt="" width="528" height="552"/></p>
    <p>Traders are understandably anxious about these metrics.</p>
    <p>Given the uncertainty, discussions are emerging about the possibility of Bitcoin’s price dropping below $60,000.</p>
    <p>This starkly contrasts the bullish forecasts many were making just a week prior.</p>
    <p>However, some investors are pausing to consider that the current bearish trend may be linked to escalating geopolitical tensions.</p>
    <p>They are weighing whether this market dip is a mere reaction or indicative of more profound issues.</p>
    <p>As it stands, only time will tell when (or if) a rebound will occur.</p>
    <h2>Pepe Unchained Stands Resilient Amid Market Turmoil with Active ICO &amp; Innovative Layer-2 Solution</h2>
    <p>As meme coins falter and ETFs tumble, one project is displaying remarkable resilience: <a href="https://cryptopotato.care/b_pepeunchained-en_97830?referrer=meme-coin-prices-tank-as-some-traders-move-funds-into-pepe-unchained-ico" data-wpel-link="exclude" target="_blank" rel="nofollow noopener noreferrer"> Pepe Unchained</a>.</p>
    <p>Despite the surrounding chaos, investors are channeling funds into this initiative.</p>
    <p>Pepe Unchained is introducing substantial technology with its Layer-2 scaling solution.</p>
    <p>Imagine lightning-fast transactions with minimal fees.</p>
    <p><img class="alignnone size-full wp-image-364009" src="data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCA2MjQgMzM1IiB3aWR0aD0iNjI0IiBoZWlnaHQ9IjMzNSIgZGF0YS11PSJodHRwcyUzQSUyRiUyRmNyeXB0b3BvdGF0by5jb20lMkZ3cC1jb250ZW50JTJGdXBsb2FkcyUyRjIwMjQlMkYxMCUyRlBpY3R1cmU0LTEucG5nIiBkYXRhLXc9IjYyNCIgZGF0YS1oPSIzMzUiIGRhdGEtYmlwPSIiPjwvc3ZnPg==" data-spai="1" alt="" width="624" height="335"/></p>
    <p>The network of Pepe Unchained aims to outperform Ethereum, where meme coin transactions often face delays and high costs.</p>
    <p>The team has recognized the challenges that these coins face and is taking steps to resolve them.</p>
    <p>And their strategy is showing results.</p>
    <p>Pepe Unchained’s ICO has already accumulated $16.9 million, which is quite notable given the current market hesitance.</p>
    <p>During the ICO, investors can acquire the native PEPU token for just $0.0099.</p>
    <p></p>
    <p>According to the project's <a href="https://pepeunchained.com/assets/documents/whitepaper.pdf" data-wpel-link="exclude" target="_blank" rel="nofollow noopener noreferrer"> whitepaper</a>, post-ICO, the team aims to list PEPU on a premier decentralized exchange (DEX), with plans for a centralized exchange (CEX) listing thereafter if successful.</p>
    <p>YouTuber <a href="https://youtu.be/mCSPbbRU-qQ?si=Ln-Em0oWua3H_74U" data-wpel-link="exclude" target="_blank" rel="nofollow noopener noreferrer"> Austin Hilton</a> expressed enthusiasm for the token’s outlook.</p>
    <p>He published a video last weekend suggesting that PEPU might be “the most significant meme coin presale launch ever.”</p>
    <p>While that claim might sound extravagant, it highlights the excitement surrounding Pepe Unchained amid the market challenges.</p>
    <p>If this enthusiasm can endure, it's a project worth monitoring.</p>
    <p><a href="https://cryptopotato.care/b_pepeunchained-en_97830?referrer=meme-coin-prices-tank-as-some-traders-move-funds-into-pepe-unchained-ico" data-wpel-link="exclude" target="_blank" rel="nofollow noopener noreferrer">Explore Pepe Unchained ICO</a></p>
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