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Cryptocurrency News Articles
Pepe Unchained ($PEPU) Presale Skyrockets Past $30m, Targets $50m to Unlock PEPE-Like Gains of 763x
Nov 16, 2024 at 12:36 am
Revolutionary Ethereum Layer 2 project Pepe Unchained ($PEPU) has the key to unlock PEPE-like gains of 763x after raising $30 million in its ongoing presale.
Pepe Unchained ($PEPU), a layer 2 project in the Ethereum ecosystem, has sold out its presale, amassing at least $30 million in contributions from investors.
Now, as the project prepares for Tier-1 centralized exchange (CEX) listings, investors are anticipating gains of 763x like those seen by Pepe the Frog ($PEPE) after its own pump.
With funds pouring into Pepe Unchained at a rate of at least $1 million per day, the project could be set to collect more than $50 million from contributors before the presale closes on December 13.
Investors are eager to see a Pepe with its own blockchain, and the news that the ecosystem will include a pump.fun competitor, Pepe’s Pump Pad, on the larger Ethereum chain has sparked a fear of missing out (FOMO).
Pepe Unchained is preparing to launch its own pump.fun competitor on the Ethereum chain, and sources close to the project have told CoinPump that it is almost ready to go live.
While the exact details of how Pepe’s Pump Pad will work have not been disclosed, it is expected to have similar dynamics and will be designed to be easier to use and more rewarding than pump.fun.
Pepe Unchained has the advantage of having its own blockchain, which should allow it to design system efficiencies and incentives that deliver more value for users than those seen at pump.fun.
Over at pump.fun, the platform takes a 1% transaction fee in addition to the launch charge. It is not yet known what Pump Pad’s exact economics will be, but it is likely to be a more competitive offering, at least initially.
For those who are unaware of just how explosively pump.fun has grown, there were 11,432,662 transactions across the network in the past 24 hours, for a trading volume valued at $3.68 billion.
Pepe has reached a market valuation of $8.8 billion in a little more than 19 months from a standing start. Since its launch in April last year, the price has rocketed 76,331.47% (763x). With Pump Pad, its own decentralized exchange, a block explorer, development grants and more, $PEPU has a realistic chance of equalling, if not bettering, the price performance of Pepe.
At the current ICO price of $0.01283 and its total token supply of 8 billion, the market capitalization of the token is $102 million. Of course, $PEPU is not trading on the open market just yet, but the ICO valuation is indicative of price buoyancy when it lists on centralized exchanges.
Looking at the CoinGecko meme coin category rankings, $PEPU’s $102 million market cap thrusts it straight into the top 100, in 68th place. Multiply that market capo by 920x and $PEPU will have a market cap matching $PEPE’s.
Pepe Unchained presale contributors are drawn by the prospect of bagging an investment with the prospect of turning a $1,000 outlay into $700,000.
That’s why the gigantic whale buys just keep coming. Here’s one for $50,000. And in a bullish statement, the buyer also staked their stash:
The transaction count of the contributing wallets has mushroomed past 100,000 on both the ETH and BNB chains, signaling to centralized exchanges (CEXs) that this is one to watch. Exchanges like nothing better than rising prices – and that means high trading volumes.
The Pepe Unchained team says that Tier-1 CEX listings will follow the completion of the presale on December 13.
Crypto YouTuber Jacob Crypto Bury is predicting the possibility of a 10x pump for $PEPU, citing CEX listings as one of the drivers alongside its attractive business model.
Purchase Pepe Unchained Today Using Crypto Or Card – Try Out Best Wallet For A Slick Claim Experience
To buy $PEPU, connect your wallet at the Pepe Unchained website and use ETH, USDT, BNB or card payment methods.
And here’s a special tip: if you buy the $PEPU token from within the Best Wallet app, your tokens will appear there before the claim date is announced.
Best Wallet is winning plaudits for its ease of use and added-value features, such as the integration of presale offerings from Pepe Unchained and others, available in the app’s ‘Upcoming Tokens’ section.
Pepe Unchained is run by pros, hence the security audits by Coinsult and SolidProof that show-up no critical issues in the smart contract code.
The project has a vibrant and fast-growing community. Join the X and Telegram socials to
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