Pepe crypto holders are turning their attention to a new rival, Pepe Unchained, a layer-2 project within the PepeChain ecosystem, following its successful fundraising of $21.8 million. This shift occurs as the PEPE token witnesses significant price growth, spurring optimism and renewed interest in the meme coin sector.
Blue-chip meme coins like Pepe are capturing investor interest with impressive gains, including a 27% increase, fueling a broader resurgence in the meme coin market. This renewed enthusiasm for meme tokens indicates a potential shift in investor focus back to these high-profile, humorous cryptocurrencies.