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Gulf Press > Business > Crypto > Pepe Unchained Hits $5.5 Million, Raises More Than $500k in Less Than a Week
Crypto

Pepe Unchained Hits $5.5 Million, Raises More Than $500k in Less Than a Week

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Last updated: 2024/07/27 at 4:22 AM
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Pepe Unchained ($PEPU) is making waves in the cryptocurrency market, surpassing $5 million in funding and adding over $500,000 just before the weekend. This new meme coin, which features its own Layer 2 chain on Ethereum, is gaining momentum and is expected to hit $7 million or more in the coming week. Investors are excited about Pepe Unchained because it offers them the chance to own a Pepe in their wallets without the slow transactions and high gas fees associated with Ethereum-based coins. The current presale allows investors to purchase $PEPU tokens at a discounted rate before they are available on major exchanges, making it an attractive investment opportunity.

With a price of $0.0086649 per $PEPU token, investors can already access the improved version of Pepe. However, the price is set to increase to $0.00869960 in less than 24 hours as the presale progresses. Pepe Unchained is the life of the party in the world of meme coins, with other Pepe-related tokens experiencing price increases as well. PepeCoin ($PEPECOIN) and Brett ($BRETT) have seen gains, along with smaller tokens like Landwolf ($WOLF) and Andy ($ANDY). Bird-Dog ($BIRDDOG) has seen significant growth, highlighting the popularity of meme coins in the current market.

Despite the success of Pepe and its friends, such as Brett and Bird-Dog, they are still limited by the constraints of Ethereum, including high fees and slow transaction processing. Ethereum founder Vitalik Buterin has expressed support for meme coins being put to good use, which is where Pepe Unchained stands out. The project has created its own Layer 2 chain, offering faster transactions, lower fees, and higher capacities compared to Ethereum. This innovative approach enhances the user experience for Pepe lovers and opens up new possibilities for creating DeFi tokens, NFTs, and other meme coins within Pepe Unchained’s ecosystem.

Pepe Unchained has reserved 20% of its total $PEPU token supply for a presale, attracting investors who have taken advantage of the staking feature with an APY of 349%. The presale has already raised approximately $4 million, with a target of reaching $7 million in the coming week. Investors can participate in the presale by visiting the Pepe Unchained website and purchasing $PEPU tokens using various cryptocurrencies or credit cards. The project’s smart contract has undergone audits by Coinsult and SolidProof, assuring investors of its security and legitimacy. As the project continues to gather momentum, investors are encouraged to take advantage of the presale opportunity and join the Pepe Unchained party early.

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News Room July 27, 2024
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