Cryptocurrency

Pepe Unchained ICO Reaches $17 Million - Explosive Gains Incoming!

IndustryTrends

Since the launch of Dogecoin, meme coins have mostly been dominated by dog and occasional cat-themed projects.

But this trend shifted last year by one project – Pepe Coin ($PEPE). This coin started the frog-themed craze among the developers, but none of the copycats have come close to the original PEPE’s success.

However, that could all change soon with Pepe Unchained ($PEPU). 

These might be bold claims, but Pepe Unchained justified them with its layer-2 technology and over $17 million raised in its ongoing presale.

Let’s check what it's all about.

Pepe Unchained ($PEPU) Reaches Yet Another Milestone As The Presale Fundraising Passes $17 Million

Pepe Unchained ($PEPU) is safe to say one of the most promising ICOs that came out recently. The ongoing presale is making headlines after headlines, and it’s no different this time around.

The presale has managed to gain over $17 million in record time, and many investors consider the current price of $0.0991 a bargain. However, you’ll need to be fast if you want to grab it at that price point, as the next increase is just 12 hours away.

Although it’s always had great momentum, this fundraising success is due to the massive whale activity that this coin has attracted. 

Just to mention a few, blockchain data revealed a single transaction of 33 ETH or around $78,000. That’s a lot of trust for a relatively unknown project.

Additionally, there is also a rumor that the Ethereum’s creator, Vitaly Buterik, is also a large holder of $PEPU, which if proven to be true, could translate to more than 1000X investments for early investors. The rumor was started due to Vitalik’s recent talks about his support of L2 projects. 

You can easily purchase this token via the website widget. All you need is to connect your wallet loaded with ETH, USDT or BNB and choose how many $PEPU you want.

Pepe Unchained Leverages The Use Of Layer-2 Structure To Fix All Problems That OG PEPE Had With Ethereum 

One of the biggest reasons behind $PEPU’s success is its groundbreaking “Pepe Chain”

As a Layer-2 solution, it tackles key issues like scalability and high costs, which solves many of the problems users experience on Ethereum.

One of the most impressive features is how it slashes transaction fees. Ethereum’s gas fees, especially during busy times, have been a major pain point for users. Pepe Chain takes care of transactions off-chain, only finalizing them on Ethereum, which leads to significantly lower fees.

Another big benefit is the layer-2 speeds. Pepe Chain is expected to have up to 100 times faster processing compared to Ethereum.

This is possible thanks to Pepe Chain’s advanced bridging system between the two networks, which offer almost instant transaction completion.

$PEPU also has a dedicated block explorer, which makes it easy for investors to track their tokens, transactions, block information, wallet activity, as well as overall network health.

This tool makes it possible for anyone to audit and verify transactions on a blockchain without any special access.

Developers Can Now Make Their Own Applications and Projects on the Pepe Chain Thanks to This New Feature

Pepe Unchained has launched an exciting new program called "Pepe Frens With Benefits," designed to attract top developers to build on its cutting-edge blockchain.

The program invites developers to pitch their project ideas to the Pepe Council, which acts as the project's decision-making body. The council will carefully review all grant applications and choose the most promising ones for financial backing.

Those who get selected will receive funding to create dApps, tokens, or other blockchain-based projects, driving long-term growth and innovation within the Pepe ecosystem.

Grant submissions are scheduled to open in Q4 2024, giving developers plenty of time to polish their ideas. 

Once approved, they’ll be able to leverage Pepe Chain’s advanced infrastructure to bring their projects to life.

This new feature has led to a spike in followers across all social media platforms for this project. Currently, there are over 25k followers on X (formerly known as Twitter) and 8k subscribers on Telegram.

Conclusion

The current positive market sentiment gave back confidence to investors to look for the next big meme coin that will recoup all losses they might have suffered during the previous bear market.

And even though more traditional options like Bitcoin and Solana might be a good pick for long-term profits, they won’t be able to match $PEPU’s potential after it goes live.

In fact, due to its high demand, massive technological advancements, and a growing community, it seems like it could easily do a 100x after the first DEX launches.

Make sure to get your bag before that happens!

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