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Pepe Unchained hits $9M in presales, defying a flat crypto market and positioning itself among the top memecoins in 2024.
The new memecoin Pepe Unchained (PEPE) is going from strength to strength. Its presale has just hit the $9 million total raised mark.
Even while the broader crypto market flatlines, the project shows undeniable strength and is on course to become one of 2024’s most successful presales. But it’s no surprise – Pepe Unchained is changing the memecoin sector.
An introduction to the Pepe Unchained ecosystem
PEPU is not your average memecoin – it’s building an internet for joke tokens. That might sound like a wild concept, but allow us to explain.
While most memecoins are happy with cute animal mascots and big communities, Pepe Unchained is venturing into uncharted territory. It’s building “Pepe chain,” an Ethereum layer 2 network with fast speeds and low fees.
Ethereum layer 2s are separate blockchains that connect to Ethereum and process some of its transactions without all the congestion of the main network. Right now, layer 2 activity is at an all-time high.
And at the same time, memecoins continue to trend. CoinGecko’s latest quarterly report noted that memecoin-related searches accounted for 14.34% of its web traffic.
But until now, there has yet to be an Ethereum layer 2 dedicated solely to memecoins. This is where Pepe Unchained comes in.
It’ll be a playground for joke token developers and traders. Devs could build anything their imaginations allow. Think: a memecoin-related DeFi protocol, a memecoin-inspired P2E game, or a metaverse filled with meme characters. The possibilities are endless.
And PEPU will underpin all of this, providing significant utility that differentiates it from any other memecoin on the market.
Moreover, holders can stake their Pepe Unchained tokens to compound their investments. While the Pepe Unchained blockchain has yet to launch, staking is already live and currently provides a 210% APY.
Investors printed millions from Pepe – will the same happen for PEPU?
Pepe Unchained has a lot of factors that are working in its favor. Not just its groundbreaking utility, but it also retains the viral allure of the original Pepe.
Combining these two factors, could we see a repeat of Pepe’s success? Traders got absurdly wealthy by investing in Pepe early. Lookonchain reported how one trader turned a $3K bet into $30 million by investing in Pepe. This equated to a staggering 11,077x gain.
While returns of this magnitude are rare, experts are also eyeing big gains for Pepe Unchained.
Currently, most analysts are forecasting between a 10x-100x price increase. One of the most recent predictions comes from ClayBro, who says Pepe Unchained could 100x on its exchange listing.
The analyst first underscored Pepe Unchained’s viral success. “Raising between $100K and $200K per day, Pepe Unchained is setting itself aside as one of the greatest presales taking place right now.”
He then turned to its use case:
“It’s something very exciting, and people are already making a lot of money.”
ClayBro was referencing Pepe Unchained’s staking mechanism. By staking PEPU, presale investors are compounding their future gains.
Positioned at the cusp of memetic culture and technological creativity, Pepe Unchained is no wonder analysts are praising it.
It’s an exciting time for the project’s community. However, those yet to buy should act fast. The price is expected to incrementally rise as the presale advances. Another price increase will occur in just over one day. Investors can secure PEPU today at $0.009163.
For more information, visit the Pepe Unchained presale website or join the community on Telegram and X.
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