The meme coin craze might not be over.
Pepe Unchained Presale Sees Whale Activity as it Crosses $12M Line
This article was published more than a year ago. Some information may no longer be current.
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Pepe Unchained (PEPU) has surged past the $12 million mark in its presale as investors pile in for discounted PEPU tokens.
And with the project beginning to attract the attention of crypto whales, many believe PEPU’s launch later this year will be explosive.
Pepe Unchained Attracts Enormous Whale Buys as Presale Gathers Pace
The presale for PEPU is gaining huge momentum, with over $12 million in funding now raised.
Investors are scooping up PEPU tokens for just $0.0094982 each, using ETH, USDT, BNB, or even a credit/debit card.
But what’s fueling this demand?
It could be the appeal of getting in early before PEPU launches on a decentralized exchange ( DEX) later this year.
The lack of a fixed end date for the presale is also creating a sense of FOMO.
And now, many early investors are wondering how high the presale raise could go.
Interestingly, large investors are starting to make moves.
According to Etherscan.io data, one crypto whale spent over $50,000 worth of ETH in a single buy transaction.
Another used $26,000 worth of ETH to buy PEPU.
This comes after a massive $200,000 buy, which took place back in July.
These whales seem to be betting that Pepe Unchained could finally solve Ethereum’s high gas fees and slow transactions.
Pepe Chain – A Brand-New Layer-2 Solution for Meme Coin Traders
So, what makes Pepe Unchained stand out?
It’s not just another random meme coin.
Instead, the developers are working on something bigger – its own Layer-2 network called Pepe Chain.
This new chain aims to tackle some of Ethereum’s long-standing issues.
Pepe Chain is designed to be faster and cheaper than Ethereum.
It can process transactions up to 100 times quicker—and without the huge gas fees.
But it’s still fully compatible with existing Ethereum dApps and services.
This means users don’t have to adjust to anything new.
Crucially, Pepe Unchained’s developers have even more in store.
They’re developing a block explorer, an Ethereum bridge for smooth asset transfers, and even a staking system for PEPU.
This staking system is already live, offering APYs of 169% for PEPU holders.
Over 949 million PEPU tokens have been locked up since the staking app launched.
Ultimately, the team aims to create a network where meme coins can operate as efficiently as possible.
That could be invaluable as these coins become more mainstream.
Will PEPU Live Up to the Hype After Launching on DEXs?
But there’s more to Pepe Unchained than just launching a new Layer-2 chain.
It also has a well-structured tokenomics plan.
There is a total supply of 8 billion PEPU tokens, with 30% reserved for staking rewards, which gives holders a chance to earn more.
The rest is allocated across the presale, marketing, liquidity, and operational costs.
As for what’s next, the team is keeping things under wraps.
But once the presale is over, all eyes will be on Pepe Chain’s mainnet launch, which will be a significant step forward for the project.
Pepe Unchained has also been getting attention from influencers like ClayBro.
He mentioned that PEPU could become the “top meme coin” of the year if its Layer-2 network is a success.
ClayBro’s endorsement has also boosted social media hype, with Pepe Unchained’s Twitter page seeing hundreds of new followers every day.
However, crypto is unpredictable.
While Pepe Unchained is generating excitement, there’s no guarantee of future success.
But considering the project’s unique approach to Layer-2 scaling, there’s every chance it could become a breakout meme coin later this year.
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