The post Pepe Surges 40% as Nollars Network Aims to Speed Up Trades appeared first on Coinpedia Fintech News
Pepe (PEPE) has seen a strong price increase recently, reaching $0.0000112 per token by October 21, 2024. This represents a 25% rise in the month, part of a broader trend in the meme coin market, which has surged to a collective market cap of $60 billion.
Pepe has also caught the attention of whales and other investors, driving trading volumes up to $800 million in just 24 hours. Over the past week, Pepe has recorded a remarkable 70% gain, cementing its place as one of the top meme coins in the market.
Pepe Unchained Presale Achieves $20M Milestone
While Pepe itself continues to rise, its Layer-2 counterpart, Pepe Unchained ($PEPU), has been making waves in the presale market. The $PEPU presale recently hit a major milestone, raising over $20 million. In just four days, $PEPU managed to raise $1.2 million, attracting a wide array of investors.
Whale activity has also boosted confidence in $PEPU, with one whale purchasing 5 million $PEPU tokens (valued at $50,000). Another notable trade saw a whale swap $53,563 worth of Ethereum for 4.6 million $PEPU. This strong interest signals continued optimism as Pepe Unchained pushes through its presale stages. The project has also begun accepting developer grants to encourage innovation on its Layer-2 blockchain, which could add more utility to the $PEPU token.
Nollars Network Could Accelerate Pepe Trading
As Pepe’s popularity grows, traders are looking for ways to make transactions more efficient, especially during periods of high trading volume. Nollars Network, a Layer-2 blockchain solution, aims to address these issues by providing faster transaction speeds and reduced fees. This could be a game changer for meme coin traders who want to capitalize on fast-moving price swings without being slowed down by network congestion.
For Pepe traders, Nollars Network may offer a way to execute trades faster, allowing them to react more quickly to market fluctuations. By reducing delays, the network could help traders lock in their profits with greater accuracy, potentially improving their return on investment.
$NOLA Token Presale Underway
To support its vision of faster and more efficient meme coin trading, Nollars Network has launched the presale of the coming Layer-2 Blockchain’s native token. The official token symbol is “$NOLA.” The initial coin offering is active via the official domain, Nollars.com. Investors are being offered tokens at $0.50 each in the early stages. As the presale progresses, the price will increase incrementally, offering early investors a chance to get in at the lowest rates.
With the meme coin market on the cusp of a bullish 4th quarter, it would be widely appreciated that a layer-2 blockchain could improve trading speed and efficiency. Automated trades could be even quicker, which is the practice of most ‘key’ investors.
The swifter transaction speeds would position Nollars Network to become a ‘key’ tool for traders looking to maximize their gains in high-volume markets like Pepe.
