The Pepe Unchained ($PEPU) presale is reaching new heights. It’s just crossed the $17 million total raised barrier, reflecting the unwavering investor support behind its ‘meme coin layer 2 blockchain’ use case.
Excitement is soaring as the project cruises toward the $20 million total raised mark – but can it live up to the hype?
If you headed to CoinMarketCap, you’d be met with a sea of red. The crypto market is down 3% today, with Bitcoin back under $62K. Despite that, the Pepe Unchained presale has grown at an unprecedented rate.
In the past day, they’ve raised a staggering $300K, bringing its total to over $17 million. Investors exhibit an insatiable appetite for Pepe Unchained and they don’t care about what other cryptos are doing.
There are two reasons behind this: it’s the first Pepe-themed token with its own blockchain, and investors are scrambling for the most value for money.
The Pepe Unchained presale price is $0.00991, but this will rise throughout the campaign. Per its website, there is just one day until the next price increase happens.
Meanwhile, presale investors can stake their tokens to compound their gains. Indeed, the earlier they start staking, the more they can earn. However, the staking APY is also at its highest, earliest.
Staking rewards are currently valued at a 126% APY but will decrease as the staking pool grows.
Layer 2 blockchains have changed the way users interact with Ethereum.
They no longer need to suffer costly fees and slow transaction times on the main network; they can use cheaper and faster layer 2s.
Pepe Unchained brings this technology to the meme coin sector. It’s creating a Pepe-themed blockchain.
This opens meme coins to a world of new use cases. Developers could build meme coin-themed DeFi tools, meme coin-inspired Play-to-Earn games, or anything else. The Pepe Chain promises to be 100x faster and much cheaper than the Ethereum main network.
It will also include features such as a block explorer, advanced analytics, a dedicated Ethereum bridge, and more. The concept has caused an immense buzz in the market, indicated by the presale’s $17 million raise.
Analysts have also caught wind and are backing it for significant gains.
For instance, ClayBro recently told his 130K subscribers that it can be 100x.
The analyst speculates that crypto is “gearing up for one of the biggest bull markets,” which sets the stage for huge Pepe Unchained growth.
“A lot of people are getting excited about meme coins, and we are going to see a price rally like we’ve never seen before,” said ClayBro.
He continued, “It’s very simple; all we have to do is accumulate as much as possible, so when the rally happens, we’re taking advantage.”
Q4 is expected to be a big quarter for the whole crypto space, but not many projects have as much lined up as Pepe Unchained.
In a recent tweet, the team announced they’re in talks with tier-1 exchanges and awaiting the perfect opportunity to launch the token to “maximize impact.”
Listing on tier-1 exchanges will open $PEPU to a vast and diverse pool of new investors who could pump its price.
And that’s not all. They also recently announced “Pepe Frens With Benefits,” a new developer grant program that pays people to launch applications and tokens on its blockchain.
This is expected to stimulate growth, translating into a more vibrant and long-lasting ecosystem.
Stay updated with the latest Pepe Unchained news by following its X or joining its Telegram. Alternatively, visit its website to buy and stake tokens.
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