Pepe Unchained (PEPU) Hits $12M in Presale, Attracting Whales with Layer-2 Blockchain

Bringing the Pepe meme to its blockchain, Pepe Unchained (PEPU) has crossed its $12 million milestone in its presale. Additionally, the meme coin has even gained the attention of whales, who have spent thousands of dollars on it.

With its unique blockchain and big promises, Pepe Unchained aims to unleash the Pepe. Will this token make the community consider meme coins a serious asset class?

Pepe Unchained Raises $12 Million

In what’s shaping up to be the biggest presale success of this year, Pepe Unchained has raised upwards of $12 million to date.

Boom! $12M raised!

Pepe Unchained is crushing milestones and gearing up for the next big leap 🐸💪 pic.twitter.com/Cr2MI0CESp

— Pepe Unchained (@pepe_unchained) September 5, 2024

The reason behind the token’s rapid success can be attributed to its unique ecosystem and the volatile market conditions.

Bitcoin is finding difficulty in crossing its $60K resistance, and even though people anticipate 2025 to be a bullish year for the market, it is unlikely that BTC will experience a parabolic increase.

Therefore, investors are looking for cheaper alternatives. Assets worth less than $1 but with the potential to experience a major surge within a very short time.

Pepe Unchained, inspired by a meme coin that set the tone for meme coin mania in 2023, has emerged as one of the better offerings of this nature.

Not only does it take a unique spin on the Pepe token as far as the imagery is concerned, but the token is also taking a more utility-centric route.

These factors have attracted investors to flock to this meme coin, and among these traders are whales who are more than ready to invest thousands of dollars into this project.

Whales Found Putting More than $20,000 into Pepe Unchained

As the market’s volatility has continued to plague the crypto space, whales find it more optimal to invest in meme coins that offer big gains while costing less than a dime. Pepe Unchained is no different. Its popularity within the crypto community has managed to attract many whales, and a couple of them have invested more than $20,000 into the project.

Etherscan showed that one whale invested 10.8 ETH into PEPU, roughly equivalent to more than $26,000.

An hour before that, another whale bought 23.4ETH worth of Pepe Unchained tokens, spending more than $56,000.

Pepe Unchained: Meme Coin with Its Own Blockchain

Pepe is, and continues to be, one of the biggest meme coins on the market. However, it is limited to Layer 1, which means that the gas fee is high and the transaction speed is low.

And while most of the meme coin community continues to rally behind it, many seek a more streamlined experience with Pepe.

Pepe Unchained is a meme coin borne out of this desire. It embraces Ethereum layer 2, which increases the scalability, speed, and efficiency of the primary blockchain.

As a result of this, Pepe Unchained has a host of benefits.

1. Double the staking reward – Users essentially offload their transactions to Pepe Unchained layer 2, getting access to bigger staking rewards thanks to lower operational costs.
2. Faster Speed – With transaction speeds faster in layer 2 than in layer 1, investors can quickly interact with the Pepe Unchained ecosystem.
3. Lower fees – As layer 2 has fewer transactions, there is less waiting time, which means there are lower gas fees, making the transaction costs lower.

Pepe Unchained Tokenomics

Pepe Unchained has a total supply of 8 billion tokens, divided into the following tasks:

1. 20% of the supply is dedicated to the presale.
2. 30% is for staking.
3. 10% is for marketing.
4. 10% is for liquidity.
5. 10% is for project finance.
6. 10% is for chain inventory.

Pepe Unchained Staking – Incentivizing Long-Term Holding Through High APY

It is a common theme with the current presales to give users reasons to keep hold of their tokens. Staking rewards emerges as the obvious solution, one that Pepe Unchained, too, has adopted.

Those who invest in the Pepe Unchained presale can also stake their tokens. Over 900 million tokens have been staked so far, and the estimated rewards are more than 160%.

As more stakers emerge, the rewards will reduce. However, the availability of staking means Pepe Unchained can offer long-term value to its user base.

Should Investors Buy Pepe Unchained?

When the market is ripe with volatility, the time is often right to invest in meme coins. The fact that Pepe Unchained is a presale is another reason to support this project.

Leading YouTubers like 99Bitcoins support this rationale. In one of their latest videos, host Umar Khan highlighted how Pepe Unchained could be the next 100x gem.

“This token is an especially good alternative right now since Pepe is dumping.” the host said.

How to Invest in Pepe Unchained?

To invest in Pepe Unchained, users must go to the official website, connect their wallets, and swap their ETH or USDT tokens for PEPU. They can stake their tokens to compound their gains. If they don’t, Pepe Unchained will become claimable when the presale ends. Investors who have staked PEPU must wait a week before unstaking them.

Pepe Unchained May Likely Turn More Investors towards Meme Coin

Meme coins have historically been a particularly volatile asset class, which is why so many degen investors have found them appealing. Pepe Unchained has the same story. Being inspired by Pepe gives it the appearance of a short-term asset. However, its unique blockchain opens doors for more use cases to emerge.

As a result, Pepe Unchained can potentially entice more investors to consider meme coins a worthy asset class.

For more information about this project, we recommend following Pepe Unchained on Twitter and Telegram.  You can also visit Pepe Unchained website.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

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