The meme coin sector remains hot, with two tokens grabbing attention today.
Goatseus Maximus (GOAT) just keeps climbing, jumping another 20% in the past 24 hours, having already risen 20,000% since its launch.
At the same time, Pepe Unchained (PEPU) is making headlines – with its presale smashing through the $20 million mark yesterday.
GOAT Coin Soars Again – But Is The Rally Losing Steam?
GOAT has been the hottest Solana meme coin over the past week.
The goat-themed token has rocketed to $0.286, a 20,000% increase from its launch price last Thursday.
Even after cooling off a bit from a 55% overnight surge, GOAT is still going strong, holding onto a 20% gain in the past 24 hours.
The token also saw $143 million in spot volume since yesterday.
Plus, it’s now ranked sixth on CoinMarketCap’s trending cryptos list.
Clearly, traders are still all over this rising meme coin.
But some are starting to wonder if GOAT’s vertical rally might finally be hitting its peak.
The dip in the past few hours suggests early investors might be taking profits – a common occurrence with viral meme coins.
Roaring Kitty on Twitter believes the coin still has plenty of upside, though.
He tweeted yesterday that he’s “struggling to find a better meme coin narrative” than GOAT.
Meme Coin Market Cools Off After Prior Bullishness
GOAT’s rally stands out against the broader meme coin market, which has taken a breather.
While GOAT is climbing, others like PEPE and SHIB have slipped around 3%.
FLOKI is down 4%, while BOME has been the biggest loser, dropping 7% since yesterday.
Aside from small gains made by BONK and POPCAT, the entire sector has turned bearish.
Spot volumes are also down 25% from yesterday.
And the meme coin sector’s total value has dipped to $53.7 billion.
However, most traders believe this is just a natural cooldown after the bullishness from earlier in the week.
Profit-taking is likely a factor, and Bitcoin’s dip back to $67,000 hasn’t helped either.
Still, most believe this sell-off is just temporary.
The bullish market structure remains intact, and with Q4 being a historically green quarter, many expect meme coins to rebound quickly.
Traders are also closely monitoring the Crypto Fear & Greed Index.
It’s sitting at 71 – still in “Greed” territory – suggesting that sentiment remains upbeat despite the pullback.
Is This the Next Meme Coin to Explode? Viral Pepe Unchained Presale Hits $20M
While the meme coin market might be cooling off, there’s one new project still crushing it – Pepe Unchained.
Its presale is on fire, having now raised over $20 million despite the broader market slowing down.
So, why all the excitement around Pepe Unchained?
The main reason is the project’s new Layer-2 solution, Pepe Chain.
This scaling solution, built for Ethereum, is tailor-made for active meme coin traders.
Think fast transactions, super-low fees, and a custom DEX focused entirely on the market’s funniest tokens.
Pepe Unchained’s team has also launched developer grants to bring crypto’s brightest minds on board.
Unsurprisingly, all of this has led to huge online attention.
The project’s Twitter following has exploded past 51,000 people, while the official Telegram channel has 10,000+ subscribers.
Pepe Unchained has even been ranked second on CoinSniper.net.
Many early backers believe it’ll be the next big thing in the Layer-2 space.
Some top analysts are also praising PEPU, including Crypto Gains, who described it as having “huge attraction.”
Could all of this translate to post-listing gains?
It’s tough to say right now, but like the GOAT coin, Pepe Unchained has a lot of momentum behind it.
If the presale excitement carries over, there’s every chance we see PEPU explode once it hits DEXs.
