Pepe Unchained ($PEPU) Raises $24M to Build an Ethereum Layer 2 Blockchain for Meme Coins

Liquidity is rotating rapidly from blue chip meme coins like Pepe and Dogecoin into a new utility-centered joke token. It's called Pepe Unchained ($PEPU) and has raised almost $24 million in its presale.

A new meme coin has entered the crypto scene and is quickly amassing liquidity from major meme coins, like Pepe and Dogecoin, with almost $24 million raised in its presale.

The meme coin is called Pepe Unchained ($PEPU) and its presale began on March 20th.

It’s a new record for a presale raise, surpassing even Ethereum’s 2014 ICO, which raised $18.3 million.

Pepe Unchained is now set to become one of the largest crypto projects in the world.

The funds will go towards building an Ethereum layer 2 blockchain, which will house meme coins and offer fast, low-cost transactions directly to the EVM ecosystem.

The layer 2 network will be called “Pepe Chain” and feature a dedicated Ethereum bridge, a decentralized exchange, a staking mechanism, a block explorer, and more.

Pepe, Dogecoin plummet, but Pepe Unchained sees over $100K inflows today

Crypto markets took a downturn on April 13th, with Pepe and Dogecoin also seeing red.

They’re down 5.6% and 7.4%, respectively, in a notably volatile day, even for meme coins.

However, the industry newcomer Pepe Unchained continues to see inflows of over $100K, bringing its total presale raise to $23.89 million.

It’s a large sum, but even more impressive that it can continue raising while meme coin majors are seeing a downturn.

Investors are seeing value in $PEPU and want it in as early as possible.

The price will rise throughout the ICO, with the next increase in just one day.

It’s currently available at $0.01199.

Investors can also stake their tokens during the presale to generate even more rewards.

Staking is live and provides a 98% APY, but this will decrease over time.

Pepe Unchained is also establishing itself as a leading player in the meme coin domain.

It’s seeing huge growth on social media, with over 47K followers on X and 11K in its Telegram channel.

For reference, it has just 20K fewer followers on X than Popcat, which is the fifth-largest meme coin.

Top analyst says Pepe Unchained has 10x potential

Prominent meme coin trader Jacob Bury is one of those Pepe and Dogecoin holders who has turned to Pepe Unchained.

He just posted a video saying it could be 10x after the presale.

“We’ve seen Pepe alternatives do very well before.”

However, Bury noted that Pepe Unchained separates itself from other meme coins with robust utility.

“There’s alot of cool things to be excited about with this project. It’s one of the meme coins that’s everywhere. This is a coin that could be a really good play.”

And Bury is not the only one who’s excited.

ClayBro says it is “building the biggest and perhaps best Ethereum layer 2 blockchain.”

As we mentioned earlier, Pepe Unchained’s presale raise provides adequate resources to build an outstanding product.

Invest in $PEPU via the Ethereum or BNB networks

Buying Pepe Unchained is easy.

The presale accepts payments on both the Ethereum and Binance networks.

In fact, you don’t even need to hold crypto to buy $PEPU; it lets you pay with a card.

Simply visit the project’s website, connect your wallet, and select the amount you want to buy and the payment method you want to use.

Investors can claim their $PEPU tokens once the presale ends and $PEPU lists on exchanges.

And rest assured, the project has been audited by security firms Coinsult and Solid Proof, attesting to its transparency and legitimacy.

Visit Pepe Unchained Presale

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