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Cryptocurrency News Articles

Pepe Unchained – Over $40M Raised and New Features Ahead of Exchange Listings

Nov 21, 2024 at 01:40 am

Pepe Unchained is gaining significant attention in the crypto community as a promising layer-2 (L2) project that builds on the success of its predecessor

Pepe Unchained – Over $40M Raised and New Features Ahead of Exchange Listings

Pepe coin experienced a mixed week in the crypto market. After losing support at the $0.0020 level, its price dropped to $0.0018. However, there are encouraging signs that the coin might stage a recovery.

Rising Bitcoin (BTC) dominance and an inverse price relationship with Pepe coin suggest unique market dynamics at play. The coin’s market cap stands at an impressive $8.3 billion, reflecting strong community backing and significant ecosystem developments.

$PEPE Coin Price Prediction

At the time of writing, $PEPE trades at $0.0000192, down about 5% in the past 24 hours. The recent consolidation may feel bearish to some, but the overall sentiment is optimistic.

Moreover, its technical indicators, like the Relative Strength Index (RSI), suggest there could be potential for upward momentum without entering overbought territory. Pepe coin’s fundamentals also remain strong, with consistent accumulation and active community engagement driving optimism.

Analysts predict a potential breakout towards the $0.000029 region, highlighting that strategic buying pressure could reignite bullish momentum. Despite short-term fluctuations, Pepe coin’s ecosystem and robust support levels continue to make it a key player in the meme coin space.

Pepe Unchained: Over $40M Raised, New Features Ahead of Exchange Listings

Pepe Unchained is gaining attention as a promising layer-2 (L2) project that builds on the success of its predecessor, Pepe coin.

With just 22 days remaining before its launch on centralized and decentralized exchanges (DEXs), the project has already achieved several milestones, including raising over $40 million through its record-breaking initial coin offering (ICO).

It is designed as a complete ecosystem, incorporating features like a DEX, a bridge, a block explorer, staking rewards, and developer grants, making it more than just a meme coin.

Moreover, Pepe Unchained has introduced its new ‘Pump Pad’ feature, which allows users to easily create and launch their own meme coins with just a few clicks. But it’s not only about simplicity—Pump Pad offers built-in safety measures, such as locked liquidity pools and a no-tax policy on trades.

Additionally, projects launched through Pump Pad will benefit from Pepe Unchained’s fast transaction speeds and low fees. Currently, Pepe Unchained has a fixed supply of 8 billion tokens, with 40% allocated to the presale phase.

Recently, Pepe Unchained announced the successful completion of its L2 audit, marking a key step in its journey. The L2 audit, conducted by a well-known industry firm, encountered no major issues.

This accomplishment signifies the L2’s security and scalability, setting the stage for broader utilization. Further details will be disclosed during the project's launch.

This structure ensures no inflation, appealing to investors seeking stability. Among its investors, whale investors have shown strong interest, contributing five- and six-figure amounts.

Moreover, the project's rapid growth is evident in its social media presence, with over 53.9k followers and significant community engagement. There are speculations about its listing on top-tier exchanges.

As a low market cap project estimated between $50 million and $100 million, Pepe Unchained presents an opportunity for investors to capitalize on its anticipated growth.

The excitement around its ecosystem, along with its strategic focus on utility and community value, positions it as a strong contender in the meme coin sector. To participate in the $PEPU token presale, visit pepeunchained.com.

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