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Cryptocurrency News Articles

Pepe Unchained Presale Nears End, Raising $30M From Whales Targeting 100x Returns

Nov 15, 2024 at 08:19 pm

The new frog-themed meme coin has now raised over $30 million in presale funding behind large whale buys and strong retail interest.

Pepe Unchained Presale Nears End, Raising $30M From Whales Targeting 100x Returns

Pepe Unchained, a new frog-themed meme coin, has now raised over $30 million in presale funding. The stellar presale performance, in-demand utilities and upside potential make it one the best meme coins to buy, especially in light of the ongoing supercycle.Pepe Unchained is already posting one of the best presale fundraising figures this year. PEPU has raised over $30 million, with the ICO still open for another 4 weeks.

The ongoing meme coin mania as well as the announcement of its presale end date have pushed investor FOMO to a fever pitch. The PEPU presale is now adding over $1 million daily behind large whale investments.

For instance, a pseudonymous trader “astrobackhacker.eth” purchased over $33k worth of PEPU in a single transaction yesterday on Thursday.

Similarly, two other deep-pocketed investors purchased over $30k worth of the meme coin this week. One whale swapped $48k worth of ETH for Pepe Unchained, bringing their total PEPU presale holding to over 100 ETH, valued at over $300k.

The strong demand for the meme coin has massively contributed to the FOMO among meme coin enthusiasts. This is because Pepe Unchained has a tier-based presale model, which means that the PEPU price increases after every stage.

Owing to the rapid adoption, the PEPU price is increasing nearly every 12 hours. This means that delaying a purchase, even by a day, could prove costly for interested buyers.

They can visit the project’s presale website, use the over-the-counter widget and buy the meme coin with just a few clicks.Pepe Unchained Isn’t An Ordinary Meme Coin

Pepe Unchained isn’t an ordinary meme coin. Instead, it is offering a wide variety of in-demand utilities, which is a key factor for its high demand.

For instance, it is launching a Layer-2 chain, designed specifically for meme coin trading. PEPU holders will soon benefit from low trading costs, instant transactions and excellent network throughput. They will also be able to use a wide variety of custom tools like block explorer, PEPU-ETH bridge, decentralized exchange and advanced analytics.

This isn’t all. Pepe Unchained is looking to onboard new meme coins to its ecosystem. It has announced a meme coin launchpad, called Pepe’s Pump Pad, a direct competitor to Solana’s Pump.fun.

Elite builders now no longer need a developer team or coding skills. All that is required is a creative idea. They can even receive developer grants from Pepe Unchained.

Pump.fun coins on Solana have been a massive success. Community projects like Peanut The Squirrel, Goatseus Maximus and Moo Deng are outperforming VC-backed altcoins. It is therefore no surprise that experts believe Pepe’s Pump Pad has tremendous potential, particularly because it is built on Ethereum and tackles the lack of quality meme coins on the blockchain.

Similarly, Pepe Unchained has its own staking protocol, which is currently offering an APY of over 80%. The attractive passive income, in addition to the promise of low trading costs, could result in significant retail investment for the meme coin.

Finally, PEPU has strong fundamentals, including community-centric tokenomics, multiple security audits and a well-defined roadmap, attributes that are rare in most new meme coins.

It is therefore no surprise that Pepe Unchained is drawing Binance rumors, especially with the world’s leading centralized crypto exchange on a meme coin listing spree.

News source:finbold.com

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