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Fast-Growing Layer 2 ICO Pepe Unchained Hits $14.8M Mark: Next Big Meme Coin?

DATE POSTED:September 23, 2024
 Next Big Meme Coin?

Pepe Unchained, a new ICO, attracts higher inflows than many established meme coins, showing its potential to dominate the market when it hits exchanges.

Interest in meme coins is rising, and a strong indicator for a new token is when it’s compared to big names like Shiba Inu, Dogecoin, and Pepe.

Pepe Unchained, a new ICO, is gaining attention and attracting a lot of demand. Recent trends show it is already receiving more inflows than some established meme coins, suggesting strong potential for growth soon.

With rising volume and interest, this token might follow Pepe’s path, which continues to perform well in the market. The meme coin market is also seeing growth. Pepe’s price recently increased by 10%, entering the top 30 cryptocurrencies worldwide.

This surge reflects renewed investor interest, supported by a favorable economic climate following the Federal Reserve’s interest rate cut. Meme coins’ collective market cap jumped by 7%, exceeding $45 billion in a single day.

As traders move toward riskier assets like meme coins, Pepe Unchained seems ready to take advantage of the excitement.

Pepe Unchained presale raises $14.8 million

Pepe Unchained (PEPU) is making waves in the crypto market. This new project has already raised $14.7 million in its presale, beating most other early-stage cryptos.

Right now, early buyers can grab the $PEPU token for $0.00984, but that price won’t stay low for long. It’s set to go up soon, making this a prime time for anyone looking to invest. Investors are rushing to buy before tokens hit exchanges later this year.

14M

Riding the L2 wave! Big thanks to the community for the continued support! We are growing so fast! pic.twitter.com/EjlPQLZxjm

— Pepe Unchained (@pepe_unchained) September 20, 2024

Pepe Unchained is also drawing interest from big players. Earlier this month, some whales made large buys – like 23 ETH and 10 ETH in single transactions. Big purchases like these are seen as a positive sign because they show these large investors have confidence in the project.

The tokenomics of Pepe Unchained are key in attracting investors. The team has allocated 40% of the total supply for presale buyers, with another 10% set aside for marketing. Additionally, 7.5% is reserved for liquidity on exchanges, as $PEPU will be listed on a DEX after the presale.

Although the team hasn’t shared many details, they’ve hinted that these exchanges are “Tier-1,” sparking more interest. A listing on a major exchange (like Binance or OKX) could cause the token’s value to surge. This is notable for a project that hasn’t even launched yet.

It’s clear that the crypto community is closely watching this Pepe-themed Layer-2 network.

Pepe Unchained: The meme coin offering layer 2 features and double staking

Layer-2 networks are currently a hot topic, and for good reasons. However, no one has built a Layer-2 chain specifically for meme coins yet. Pepe Unchained aims to change that by launching a network designed just for meme coins.

This network promises faster transactions and lower fees than Ethereum, without compromising security. The Pepe Unchained team recently announced developer grants to boost their ecosystem.

Pepe Unchained Faster and Cheaper Layer 2 Blockchain

These “Pepe Frens with Benefits” grants aim to attract creative talent to the new Layer-2 chain, whether for dApps, NFT projects, or DeFi tools. The “Pepe Council” plans to distribute these grants in Q4 2024. Pepe Unchained’s timing is ideal, as recent interest rate cuts have made the market look positive.

Additionally, Pepe Unchained features a double staking protocol. Investors can stake their $PEPU tokens and earn impressive returns—estimated at 142% annually. The protocol is gaining popularity, with over 1.1 billion $PEPU already locked up.

This sets the stage for a potential crypto upswing as the year ends—just when $PEPU is expected to hit exchanges for the first time. If everything aligns, the token’s price could soar, though such an increase isn’t guaranteed.

With Pepe Unchained’s ambitious goals and early presale success, many are watching this project closely. To take part in the $PEPU token presale, visit pepeunchained.com.

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The post Fast-Growing Layer 2 ICO Pepe Unchained Hits $14.8M Mark: Next Big Meme Coin? appeared first on ReadWrite.