Pepe Unchained ($PEPU) Presale Raises Over $17M, Targeting Meme Coin Traders on Ethereum

Over $2 million of capital has poured into the Pepe Unchained ($PEPU) presale this week, with the total raised now above $17 million.

Over $2 million of capital has poured into the Pepe Unchained ($PEPU) presale this week, with the total raised now above $17 million.

The presale is scorching hot – investors are betting big on its goal of becoming Ethereum’s home of meme coins.

While most meme coins are merely joke tokens, Pepe Unchained has its own blockchain and, therefore, underlying exposure to every app or token that launches in its ecosystem.

The concept can potentially make Pepe Unchained one of the market’s leading cryptocurrencies, merging the virality of meme coins with robust fundamentals.

Pepe Chain: Bringing Meme Coins to Ethereum Again

Ethereum remains the leading smart contract blockchain based on value and ecosystem breadth.

However, it has lost a lot of users to Solana this year, primarily meme coin traders searching for lower fees for their risky joke token bets.

Ethereum’s renowned security and decentralization come at the cost of a lower network throughput – this tradeoff is known as ‘the blockchain trilemma.’

Bit by bit, Ethereum developers are taking steps to one-day balance scalability with security and decentralization.

And they’ve already made a significant dent using layer 2 networks.

These are secondary blockchains built on top of Ethereum, which bundle transactions up and settle on the main chain.

However, the bulk of computation is done on the layer 2 blockchain, which distributes the workload and enables high speeds and low fees. And the good part is that layer 2 transactions still benefit from Ethereum’s immutability, decentralization, and security.

Several prominent layer 2s are already on the market, e.g., Arbitrum, Blast, Base, Polygon, and Optimism.

However, there is yet to be an Ethereum layer 2 that attracts meme coin traders.

Pepe Unchained is filling that gap with the world’s first Pepe-themed blockchain.

Its purpose is to serve the meme coin sector.

While embracing Pepe’s viral allure, it offers 100x higher speeds and much cheaper fees than the Ethereum main network.

Whale Invests $50K in $PEPU, Analyst Says It Can 100x

Smart money is on board with Pepe Unchained.

A slew of whale buys have helped the presale along, the most recent coming in eight hours ago as one wallet swapped 21.7 ETH (>$50K) for Pepe Unchained tokens.

Meanwhile, popular trader Umar Khan recently appeared on the 99Bitcoins YouTube channel, telling viewers that Pepe Unchained might be the next 100x meme coin.

“If you hold Pepe or have interest in it, here is a project that has 100x potential that you absolutely need to buy before the presale ends,” said the analyst.

He also nodded to the uptick in crypto prices over recent weeks, suggesting “the timing couldn’t have been better” for Pepe Unchained to launch.

And he’s not the only one who is bullish, analysts from the Cryptonews YouTube channel recently picked Pepe Unchained as a “top 3” meme coin to buy in October.

Stake Tokens in the Pepe Unchained Presale for a 125% APY

As the Pepe Unchained presale progresses, the weight of its staking rewards is increasing.

With over $17 million raised, there’s clearly a strong market appetite for $PEPU.

Should this demand continue into its exchange launch, the token price will rise, making tokens earned through staking even more valuable.

Currently, investors can garner a 125% APY.

That’s over 10x higher than staking rewards on the Ethereum main network – but if Pepe Unchained’s price rises as analysts predict, the rewards will be worth a lot more in the months ahead.

Currently, investors can buy Pepe Unchained in the presale for $0.00991. However, this price will rise throughout the ICO, with the next increase in one day.

Potential buyers will secure the most upside potential by acting quickly.

Follow Pepe Unchained on X or join its Telegram for updates. Alternatively, visit its website to buy and stake tokens.

Visit Pepe Unchained Presale