Pepe Unchained ($PEPU) has just smashed the $57 million total raised mark in its ongoing presale, cementing itself as one of the standout emerging cryptocurrencies.
The project is building an Ethereum layer 2 blockchain to house meme coins. As meme coins continue to dominate the market, this crossover use case is drawing unprecedented interest.
Pepe Unchained’s presale will end in two weeks ahead of its December exchange listings.
Riding the viral wave of Pepe to reshape Ethereum
Attention is currency – especially for meme coins – and Pepe Unchained uses that to its advantage.
It leverages the omnipresent hype around Pepe coin it to enhance the Ethereum ecosystem.
With Pepe-esque artwork and a quirky “gigabrain” twist, Pepe Unchained has a strong memetic allure that grabs the attention of retail traders.
However, the project does not just rely on this to pump its price. It’s turning that attention into cash via its token presale, which it’s then using to build an Ethereum layer 2 blockchain.
Through the virality of meme coins, Pepe Unchained is fixing the scalability issue on the Ethereum network, which has a total value locked (TVL) of almost $70 billion.
Pepe Unchained sets a world record and could 10x
Analyst Jacob Bury is one of many hailing Pepe Unchained’s unprecedented presale momentum. He noted that it has just set a world record for meme coin presales by raising $57 million.
At this stage, Pepe Unchained is raising over $1 million daily. This shows an incredible amount of demand, which is part of why Bury thinks $PEPU could 10x after it is listed on exchanges.
The Pepe Unchained presale will end in 14 days, so those seeking to buy at a fixed and discounted rate should act quickly.
Ecosystem benefits overhaul Pepe Unchained’s memetic front
While Pepe Unchained extends the “Pepe bloodline,” its layer 2 blockchain gives it much more substance than your average Pepe coin remake.
Most notably, the Pepe Chain benefits from being a utility token inside the ecosystem. While exact details have yet to be confirmed, $PEPU will likely be used to pay transaction fees, attain discounts, and be a common currency to transfer value.
There’s also staking, where users can lock up their tokens to generate passive rewards over time.
Pepe Unchained’s $PEPU token benefits as both a utility and meme coin in one. Therefore, activity and development on the Pepe Chain will undoubtedly have a positive impact its price.
Presale ends In 2 Weeks – Pepe Chain launch to follow
The countdown to Pepe Unchained’s presale end is well underway. It’ll close its doors in 14 days, and then $PEPU will list on exchanges. Per its website, the team already has tier-1 exchanges lined up.
They’re keeping their cards close to their chests on which platforms this involves, but it’s worth noting that Binance, Coinbase, and Robinhood have all shown interest in meme coins recently.
The team revealed on X that the Pepe Chain is ready and will launch once the presale ends. They also recently unveiled Pepe Pump Pad, a meme coin generator that lets users launch joke tokens without coding.
This fast-tracks Pepe Unchained’s ecosystem growth, ensuring tons of excitement soon after the chain goes live.
Pepe Unchained will also include features like a decentralized exchange, block explorer, and dedicated Ethereum bridge.
How to buy $PEPU at presale
It’s the final chance to buy $PEPU at a fixed price.
To buy, simply visit the project’s website, connect your wallet, choose the crypto you want to pay with and the amount of $PEPU you want to buy.
Investors can also purchase the presale using Best Wallet via its Upcoming Tokens feature.
Catch the project’s latest news and developments by following its X or joining its Telegram. Alternatively, visit its website to buy and stake tokens.