Pepe Unchained ($PEPU) has raised $14.1 million in its presale as Pepe-themed coins surged on Friday.
From $13.8 million on Thursday, Pepe, with its own blockchain, attracted an additional $300,000 in 24 hours, bringing its total funding to the current amount.
Much of the new influx of capital came from renewed bullish interest in the crypto industry following the Fed’s surprising 50 basis point rate cut, which lifted digital asset prices since Wednesday.
In addition, Pepe Unchained has announced developer grants for builders looking to expand its L2 ecosystem, drawing more investors to its platform and causing its predecessor, Pepe ($PEPE), to look worryingly over its shoulder.
Pepe Unchained’s native token, $PEPU, is currently priced at $0.00981 until the next funding round starts in less than 19 hours, at which point the presale token price will be set at $0.00982.
Pepe-themed coins are experiencing significant gains, but $PEPU has outperformed them with even greater capital funding
Meme coins are back in vogue, cruising past the $40 billion market cap and currently shining at $42.63 billion.
Trading volumes have surged by 5.11% in the past 24 hours, reaching an impressive $5.57 billion.
Among the hottest tokens grabbing investor attention are the popular Pepe-themed coins. PeiPei ($PEIPEI) leads the pack, which has jumped 37.49% overnight and a remarkable 58% over the last seven days.
PeiPei (ETH) price today, PEIPEI to USD live price, marketcap and chart | CoinMarketCap
Following closely is PepeCoin ($PEPECOIN), which soared 10.11% in just one day and climbed 43% in one week. The third-most valuable meme coin, $PEPE, has seen a solid 5.62% bump since Thursday.
While these Pepe-themed meme coins have fared well lately, the ultimate version of Pepe, $PEPU, has outdone all of them by breaking yet another presale milestone, earning it the title of the top token presale in 2024.
Since its launch just three months ago, investors have quickly recognized how the project plans to address the quirks of Pepe ownership, which explains the substantial capital it has raised.
The solution is a proprietary blockchain designed to offer speeds 100 times faster than Ethereum at a fraction of the gas costs, something no other Pepe-themed tokens provide.
So, while Pepe tokens enjoy their moment in the spotlight, $PEPU is patiently waiting in the wings, ready to be unleashed.
Pepe Unchained’s developer grant
In preparation for the launch of its Layer 2 chain, Pepe Unchained has introduced “Pepe Frens With Benefits,” an initiative to award grants to developers creating projects on its new chain.
Developers are encouraged to build projects, submit grant applications, and await the Pepe Council’s vote. They will receive the grant if selected, with applications opening in Q4 2024.
It’s essential that we equip developers with all the necessary tools—comprehensive guides and financial support—to build outstanding dApps.
In Q4, we’ll officially open grant applications for developers looking to build on Pepe L2.
This is your chance to help shape the future…— Pepe Unchained (@pepe_unchained) September 18, 2024
Once developers begin creating powerful and innovative dApps or new tokens with a distinct Pepe flair – like a Pepe version of top Shiba Inu tokens or perhaps even bring Brett over – and experience the advantages of a faster, cheaper, and equally secure blockchain, it’s game over for all other Pepe tokens.
There’s just no beating $PEPU at that point, and the crypto world might as well crown $PEPU now as the new top Pepe, ready to take $PEPE’s spot on the meme coin leaderboard.
FOMO is kicking in as $15 million is within reach in a few days
The $15 million funding milestone, once seeming distant, is now just days away, with $PEPU purchases continuing to roll in as the week progresses.
It’s not far-fetched to predict that $15 million will be surpassed early next week, with the next target clearly set at $16 million.
14M
Riding the L2 wave! Big thanks to the community for the continued support! We are growing so fast! pic.twitter.com/EjlPQLZxjm— Pepe Unchained (@pepe_unchained) September 20, 2024
Pepe Unchained is making its mark, and if you haven’t yet recognized this opportunity or positioned yourself accordingly, don’t miss out – this could be your once-in-a-lifetime opportunity to catch a crypto gem.
To join the presale, visit the project’s official website, connect your wallet, and purchase $PEPU using ETH, USDT, or BNB. Credit card payments are also accepted.
Pepe Unchaiend’s smart contract is fully audited by Coinsult and SolidProof and verifies that zero critical issues were identified in its code.
Keep track of the latest developments and announcements from the project team by joining its community on X and Telegram.
Visit Pepe Unchained.
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