Pepe meme coin has experienced a significant price drop as investors turn their attention to Pepe Unchained, a new Layer-2 meme coin project. On August 12, PEPE's price fell below $0.00008, marking a 15% decline over three days. This downturn has raised concerns among investors, particularly those who bought during the previous dip.
The shift in investor focus suggests growing interest in more advanced, next-generation meme coins like Pepe Unchained. The Layer-2 aspect of Pepe Unchained may offer enhanced features and scalability that appeal to investors seeking better opportunities in the volatile meme coin market.
The ongoing presale of Pepe Unchained has further accelerated the shift, drawing in buyers who are hopeful about its potential. This dynamic highlights the rapid changes and shifting interests within the cryptocurrency and meme coin space.
