Pepe Unchained has hit an impressive benchmark, raising $25 million in its ongoing presale – and it happened surprisingly fast.
Meme coins have seen a surge in 2024, with 75% of new crypto projects being meme coins, according to Binance Research.
Pepe Unchained ($PEPU) is one of these new entrants, and it has the potential to generate solid profits if the hype continues and the post-launch period goes as well as the presale.
Currently, $PEPU has raised $25 million in its ICO fundraising and is showing no signs of slowing down.
Let’s check out the details below.
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Pepe Unchained Hits $25M Presale Milestone – What Does This Mean for Investors?
Pepe Unchained has hit an impressive benchmark, raising $25 million in its ongoing presale – and it did so surprisingly fast.
This could just be the beginning, considering the token’s staking model and structured tokenomics, which may set the stage for more growth in the future.
The presale has managed to capture the attention of many investors, with millions being raised to support the project’s layer 2 blockchain.
For those interested, getting tokens isn’t complicated – they can be purchased directly from Pepe Unchained’s website using ETH, BNB, USDT, or even bank cards.
One of the major features here is the staking option available through the Pepe Unchained dashboard.
Right now, the annual percentage yield (APY) sits at around 96%, although this rate will likely dip as more people participate.
As for token distribution, about 30% is set aside for staking rewards, 20% each for presale and marketing, with the rest allocated to liquidity, project costs, and chain inventory.
If the current momentum holds up over the next few weeks, there is a chance for $PEPU to bring solid returns for early adopters.
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Pepe Unchained Developing ‘Pepe Chain’ to Tackle Scalability and Transaction Hurdles
Pepe Unchained is building a new feature called the ‘Pepe Chain.’ This Layer-2 solution aims to address the scalability issues that have plagued the original $PEPE coin.
While Ethereum is the second-largest blockchain, it does come with some limitations—like handling only about 15 transactions per second.
This bottleneck makes trading popular meme coins like $PEPE both slow and quite expensive.
Pepe Unchained ($PEPU) is stepping in to solve these problems through the Pepe Chain.
The idea is to offer faster and more affordable transactions compared to what Ethereum currently provides.
By reducing costs and speeding up how quickly transactions go through, $PEPU could become an attractive option for investors looking for more efficiency.
The Pepe Chain is designed to ease congestion on the network, so users can react quickly to market changes and move assets between Ethereum and Pepe Chain without much hassle.
With Ethereum fees often spiking during bull markets, this solution could be a big deal for meme coin traders who’ve been dealing with delays and high costs.
Pepe Unchained is showing that meme coins can tackle real blockchain challenges while still keeping things fun and lighthearted. With the promise of faster and cheaper transactions, it might even give well-known coins some competition.
In addition, Pepe Unchained has rolled out a new initiative called ‘Pepe Frens with Benefits.’
This grant program is designed to encourage the community to build apps on its Layer-2 blockchain.
Developers can start applying for grants in Q4 2024, which presents a solid opportunity to contribute to the growing $PEPU ecosystem.
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Pepe Unchained Gains Community Support and Crypto YouTube Influencer Backings
Pepe Unchained already has an impressive community following on social media profiles (47,000 followers on Twitter), but it also got attention from several crypto influencers across YouTube.
With an attractive APY rate, over 150 million $PEPU tokens have already been staked, even though the official launch hasn’t happened yet.
Following the presale, Pepe Unchained aims to list on decentralized exchanges (DEXs), though the specific dates and platforms are still unknown.
Recently, $PEPU secured second place on CoinSniper.net, a ranking platform for upcoming token launches.
Crypto influencers and YouTubers have started to take note, with some, like Jacob Bury, predicting gains for $PEPU.
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The Bottom Line
If past bull runs have left you with little to show for it, Pepe Unchained ($PEPU) might offer a fresh opportunity.
This new meme coin is on an impressive run, thanks to its strong fundraising efforts, blockchain features, and community support.
For those interested in getting in on the excitement early, now may be a good time to secure some $PEPU before the project gains even more momentum.
This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own
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