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Cryptocurrency News Articles
Pepe Unchained Raises $20M in Presale to Launch the First Meme Coin with Its Own Blockchain, Now Offering Developer Grants
Oct 18, 2024 at 01:58 am
The hugely successful presale of Pepe Unchained (PEPU) has just hit a major milestone, raising $20 million to build the world's first meme coin with its own blockchain.
Pepe Unchained (PEPU) has just hit a major milestone in its presale, raising $20 million to build the world’s first meme coin with its own blockchain.
The project’s team has also now opened applications for developer grants for blockchain devs interested in working on it.
With such massive investor interest, could this become one of the biggest meme coins on the market?
Pepe Unchained presale momentum signals big gains to come, experts say
The Pepe Unchained presale raise is accelerating as more investors learn about the project.
According to experts, this growing market appetite indicates that a major price rally will follow the presale.
In addition to raising over $20 million, the project has just crossed the 50K follower mark on X and 10K member mark on Telegram, reflecting a robust community forming around it.
This level of interest is fundamental for a high-growth project, something analysts point to in their exciting Pepe Unchained predictions.
Jacob Bury recently hosted a video on the 99Bitcoins YouTube channel, telling its 700K subscribers that Pepe Unchained can 10x in price after the ICO.
However, other analysts have gone even further, with ClayBro telling his 130K subscribers that Pepe Unchained could 100x.
Momentum is key when it comes to crypto price potential. Tokens that garner a lot of momentum are proven to be of interest among investors. Therefore, these tokens will attract higher-than-average inflows as the crypto market rises, allowing their prices to rise quickly.
But when it comes to Pepe Unchained, what’s all the hype about?
Pepe Chain: the world’s first meme coin blockchain
Move over, Solana – crypto has a new home for meme coins – and it’s backed by Ethereum-grade security and decentralization.
Solana had over 4 million active users yesterday and peaked at 5.5 million one day before.
This year, the project’s adoption has reached unprecedented heights, enabled by an insatiable market demand for meme coins and Solana’s accommodating low fees and high speeds.
However, Solana falls short in terms of security and decentralization. Ethereum remains king in this area, and that’s why Pepe Unchained is such a big deal.
Pepe Unchained offers the low fees and high speeds Solana became popular for but provides them in the world’s most secure and decentralized blockchain ecosystem.
For the uninitiated, Pepe Unchained is building an Ethereum layer 2 blockchain. It will be 100x faster and much cheaper than Ethereum.
Yet, users can seamlessly access it from their Ethereum wallet, making the onboarding process seamless and secure.
The Pepe Chain will also be the world’s first blockchain dedicated solely to meme coins, potentially making it a hotbed for joke token enthusiasts and builders.
Pepe Chain will come pre-fitted with features including an Ethereum bridge, a block explorer, a decentralized exchange, and staking.
The team recently unveiled a new portal allowing users to access all these features from a single dashboard.
The project is also offering grants to developers interested in working on the new blockchain, with applications now open.
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- Nov 23, 2024 at 02:30 am
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- SEC Commissioner Mark Uyeda Advocates for Safe Harbors and Regulatory Sandboxes to Foster Crypto Innovation
- Nov 23, 2024 at 02:30 am
- Uyeda, a potential SEC chair candidate under Donald Trump's administration, emphasized the need to end what Trump has termed the “war on crypto” and establish clearer regulatory guidelines.
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- Veteran Bitcoin Investor Who Made $160 Million Last Bull Market Reveals Why He Sold Dogecoin To Buy This DOGE Rival
- Nov 23, 2024 at 02:30 am
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- Deribit Integrates Ethena's Synthetic Dollar (USDe) into Its Cross-Collateral Pool
- Nov 23, 2024 at 02:30 am
- In a groundbreaking move for the cryptocurrency derivatives market, Deribit, one of the world's largest crypto derivatives exchanges, has revealed plans to integrate Ethena's synthetic dollar, USDe, into its cross-collateral pool.