A new competitor to Pepe Coin (PEPE) is attracting attention from crypto whales. The token, Pepe Unchained (PEPU), is gaining traction in web3 trading circles. But make no mistake, it's not just another meme coin. PEPU is a new Ethereum layer-2 blockchain. So it's a meme coin on a solid base, to say the least. PEPU is currently in presale. Several prominent crypto analysts have invested. Clinix Crypto, with over 60,000 YouTube subscribers, has bought in. Crypto Gains advised his 130,000 subscribers to consider an early investment. Jacob Crypto Bury sees potential for a 10x return. The presale has raised over $1.77 million to date. At the current token price of $0.0081939, PEPU's market cap stands at $64 million. This valuation could increase if the project succeeds as both a meme coin and an Ethereum layer-2 solution. Investors should note that the token price will rise once the presale reaches $1.96 million. To participate, users can connect their MetaMask wallet on the official website. The presale accepts ETH, BNB, and USDT. Pepe Unchained aims to appeal to both the Pepe meme coin community and DeFi enthusiasts. Thirty percent of the token supply is allocated for staking rewards. Presale investors can start earning these rewards immediately. The project's website currently displays a staking yield of around 1,100%. At this rate, early investors could potentially double their initial investment in about one month. However, this yield is expected to decrease as more PEPU is staked. This high yield offers early investors a chance to increase their holdings. This potential growth is independent of any price appreciation post-launch. The token price increase and high staking yields present significant opportunities. However, investors should conduct thorough research before participating. Crypto investments carry inherent risks. As the crypto market evolves, projects like PEPU demonstrate the ongoing innovation in the space. The combination of meme coin appeal and layer-2 functionality could set a new trend in the industry. Now might be the best time to jump on that wagon, of course if you on of those people, who are up to risky projects in their early stages.

On-chain data reveals divergent strategies among memecoin whales. The largest dogwifhat (WIF) holder is expanding their position. Other major players are liquidating holdings in Pepe (PEPE) and Shiba Inu (SHIB). Blockchain analytics firm Lookonchain reports significant movements. The top WIF holder now possesses over 23 million tokens. They recently acquired an additional 2.3 million WIF. "The largest holder of WIF spent 4.65 million USDC to buy 2.3 million WIF at $2.03 [June 25th]," Lookonchain stated. This investor now holds 23.39 million WIF, valued at $49.6 million. Their total profit on WIF stands at approximately $83 million. WIF is currently trading at $2, down 3% in 24 hours. Another WIF whale, previously facing losses, has re-entered the market. Lookonchain noted, "This whale, who lost $4.63 million on WIF, spent 3.77 million USDT to buy 2.06 million WIF back after the WIF price rose." Their average purchase price is $1.83. In contrast, a major PEPE holder has reduced their position. Lookonchain reported, "PEPE whale capitulated and deposited 700 billion PEPE ($7.8 million) into Binance [June 24th]." The investor retains 800 billion PEPE, worth $9.23 million. Their total loss amounts to approximately $3.5 million. PEPE is trading at $0.00001254, down 2% in 24 hours. A SHIB whale has realized substantial profits. Lookonchain observed, "A whale deposited all 1.08 trillion SHIB ($18.4 million) to Binance [June 24th], making a profit of ~$8.3 million!" Funny thing is, this investor had withdrawn the same amount of SHIB in late 2023, at a cost of around $10.07 million. Now he has got a much bigger game, though. The whale's unrealized profit now peaked at $29 million during SHIB's recent high.

Dogwifhat (WIF) has fallen out of the top 50 cryptocurrencies by market capitalisation. The Solana-based memecoin saw a 38% price decline over the past week. No other crypto has fallen this drastically as long as we can recall. At list among top 100 cryptos out there. On June 23, Dogwifhat's market cap decreased 9% to $1.60 billion in just 12 hours. Dogwifhat now trades at $1.62. "Many people are talking about how WIF is in their accumulation zone, but I just checked the chart, and it doesn't seem like anyone is accumulating," noted crypto trader Blockgraze on X. Despite the drop, Dogwifhat remains the fourth largest memecoin by market cap, just below Pepe. The price decline has impacted futures trading. Open Interest has fallen 25% to $209.64 million over the same period, according to CoinGlass data. A 13% rebound to $1.81 would liquidate $13.53 million in short positions. This price point was seen just two days ago. The current sentiment contrasts sharply with recent optimism. On March 14, when Dogwifhat hit $3, Arthur Hayes predicted a rally to $10. "The hat stays on while I count to $10," Hayes posted on X. Hayes is the former CEO of BitMEX and current chief investment officer at Maelstrom. The dramatic shift in Dogwifhat's fortunes highlights the volatile nature of memecoins. It serves as a reminder of the risks inherent in cryptocurrency investments, especially in newer, less established tokens. Market observers will be watching closely to see if Dogwifhat can regain its position. The coming weeks may prove crucial for the memecoin's long-term prospects.

A famous trader Bluntz thinks that dogwifhat (WIF) will surge in the near future. Yet, he is short term bearish about WIF. You might want to take his words seriously. Bluntz was right many times before. According to Bluntz, WIF, a Solana-based coin, will keep falling for a while, but in general this meme coin is poised for a big bounce. Interestingly, Bluntz doesn't think WIF is going to stay high forever. The analysts thinks WIF is destined to settle around $1. But before that we might see it rallying up to $3-4 per coin. Bluntz is one of those analysts, practicing the Elliott Wave theory. That's a technical analysis approach to predict future prices by following crowd psychology. Fans of the theory claim that crowd psychology is seen as a number of consecutive waves. According to the Elliot Wave theory, a bearish asset signals about its future with a five-wave move down followed by a three-wave ABC correction upward. At the moment, Bluntz claims that WIF has completed a five-wave move down. We are about to observe an ABC bounce. There's going to be three waves with price swinging up and down. The peak will be around $3-4. Then Bluntz sees WIF falling to around $1. According to the official website of the dogwifhat project, "WIF isn't literally just a dog wif a hat ; it's a symbol of progress, for futuristic transactions, a beacon for those who think ahead".

Notcoin's time in the sun might be over. Recent lacklustre performance has some investors wondering if it's peaked. Analysts point to a different meme coin that is gaining momentum. It is called Raboo. While Notcoin has just had a nose dive, Raboo is surging violently. Latest spike in 60% speaks for itself. Some analysts think, Raboo is gearing up to recapture the Notcoin's momentum. For instance, Crypto Daily analysts point to the absence of radical changes or vital news aroind Notcoin. That may make some investors think that Notcoin has reached its full potential. Raboo, the other hand, might be a glass of water in hell. The new meme coin provides features such as artificial intelligence for meme creation and post-to-earning options. According to some metrics, Raboo's impressive rise can be explained by the attention of Ethereum investors. And that could mean massive investment in the near future. If a considerable amount of Ethereum capital flows to Raboo, it can be expected to push Raboo to new heights. That might also mean throwing Notcoin and other recent crypto newly born kings under the bus. Like many meme coins, Raboo started as a social media joke. But it quickly gained traction thanks to its enthusiastic online community. The coin's mascot speaks for itself. it's a quirky rabbit named Raboo. Quite a eloquent symbol of the unpredictable nature of meme coins. Raboo aims to capitalize on the viral nature of internet culture, leveraging memes and social media trends to drive its popularity and adoption.