Altcoins Soaring: Hedera, XRP Pump Over 25% as Pepe Unchained Raises $60M | BinanX News

Hedera (HBAR) and XRP (XRP) are making big moves right now, jumping over 25%, while most other altcoins are in the red.

And speaking of windfalls, the new meme coin project Pepe Unchained (PEPU) just hit $60 million during its pre-sale.

With its stock market launch quickly approaching, investors are speculating that this early demand could translate into a subsequent surge in PEPU’s listing.

Hedera Surpasses $0.24 as Huge Support Sparks Rally

HBAR is on the rise right now, jumping 27% to reach $0.24, a price not seen since April 2022.

The token’s momentum is real, with HBAR now ranked number three on CoinMarketCap. list of top winners and accumulating $3.4 billion in spot volume.

This puts it just below Cardano in the volume rankings.

But what is driving all this positive price action?

There have been a combination of bullish catalysts in recent weeks that have driven demand for HBAR.

First, Dell’s vice president backed Hedera, talking about the project’s business-friendly flat rates.

Additionally, Canary Capital filed for a spot HBAR ETF, which has caused Wall Street to take notice of the token.

There are even rumors that Brian Brooks, who sits on Hedera’s board of directors, could be running for SEC chairman when Trump takes office.

These three factors are likely driving HBAR’s price action.

XRP Hits 6-Year High on Gensler Departure and Whale Accumulation

XRP It is also crushing it, soaring 25% in the last day to reach $2.30.

That means XRP has risen a whopping 80% in just the last seven days, reaching levels not seen since January 2018.

Behind the scenes, buzz is building around Gary Gensler’s resignation as SEC chairman in January.

XRP holders are excited about this and hope someone more crypto-friendly will step in.

But that’s not all.

Reports have emerged that whale investors are quietly loading up on XRP.

The large wallets now collectively hold more than $1.6 billion in tokens, the most since mid-2018.

Ripple also scored a big win on the institutional front, partnering with Archax (a UK regulated exchange) to launch a tokenized money market fund on XRPL.

Unsurprisingly, these positive developments have led to an increase in demand for XRP.

And that demand shows no signs of slowing down anytime soon.

Pepe Unchained’s $60M+ Pre-Sale Stuns Crypto Market as Launch Countdown Begins

While Hedera and XRP are making headlines with their price movements, something even more exciting is happening in the meme coin space.

Pepe Unchained It has now raised $64 million in pre-sale, and that number continues to rise.

What has everyone so excited?

The team is launching the first Layer-2 network built just for meme coins and based on Google Trends DataInvestors are excited about this.

Shh! We took an insider photo of Pepe coding his L2! pic.twitter.com/BxoCFauXH0

— Pepe Unchained (@pepe_unchained) November 26, 2024

However, the clock is ticking as there are only 11 days left until the pre-sale of Pepe Unchained ends.

That means investors only have a narrow window to get their hands on PEPU tokens for just $0.01295 each.

The Pepe Unchained team accepts purchases using both cryptocurrencies and credit cards.

Both retail and whale investors are buying, excited by the Pepe Unchained ecosystem and “Double bet” application.

Right now, this app offers 56% annual returns for PEPU holders, and investors have already locked up over 2.8 billion tokens.

The combination of pre-sale success and unique features has caught the interest of some big names online.

For example, the team 99Bitcoins He recently posted a video about PEPU.

Reaching over 711,000 subscribers, this video looks at how Pepe Unchained is now breaking records and dominating social media.

Clearly, the hype around this new meme currency is off the charts.

And with a stock market listing on the horizon, things could get even crazier for early investors.

Presale Visit of Pepe Unchained

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