Meme Coins Are Soaring as Pepe Unchained Layer 2 ICO Raises $27.5 Million

November has turned into a remarkable month for cryptocurrency, with Bitcoin and meme coins like Dogecoin, Shiba Inu, and Pepe experiencing impressive growth.

Bitcoin, currently testing all-time highs, has driven excitement across the market, with Dogecoin trading at $0.39, Shiba Inu at $0.00002652 per coin, and Pepe up by 6% at $0.00001366 per coin.

But in the midst of this bull run, one newcomer is making waves: Pepe Unchained, a new meme coin that has already raised over $27 million in its presale phase and is drawing comparisons to established giants like Bitcoin and Dogecoin.

Pepe Unchained stands out as one of the most anticipated meme coins set to hit the market. Analysts and articles alike are comparing its potential to Bitcoin and Dogecoin, projecting it as one of the largest meme coins of the upcoming bull market rally.

Pepe Unchained presale surges to $27.5 million

Pepe Unchained has raised $27.5 million in its presale, which is impressive for a new meme coin. This rapid growth is likely driven by strong investor interest, staking rewards, and the expanding Layer 2 ecosystem.

The project’s staking options have attracted a wide range of investors eager to get in on the presale. Right now, investors can earn a 89% APY, but this rate is expected to decrease as more people join the staking pool.

The token is currently priced at $0.01269 ahead of its decentralized exchange listing, generating a lot of interest and investment. Buyers can purchase the token directly from the project’s website using ETH, BNB, USDT, or bank cards.

Big investors, or “whales,” are starting to make a noticeable impact, with large purchases becoming more common. Just over the weekend, one whale bought 4.6 million $PEPU tokens, worth around $63,000.

As the cryptocurrency market rebounds, many investors are turning to meme coins, which perform well in bull markets. The rally has already seen Bitcoin surge past $88,000, boosting interest in meme coins and bringing attention to rising projects like Pepe Unchained.

What makes Pepe Unchained unique?

Pepe Unchained has gained a lot of attention because of its unique approach. It runs as a Layer 2 blockchain called Pepe Chain, focused on meme-based projects. Ethereum is the second-largest cryptocurrency globally, but it has limitations like slow transactions and high fees, which can frustrate meme coin traders.

Pepe Unchained aims to solve these problems with its Layer-2 solution, the ‘Pepe Chain.’ This new blockchain is built to offer faster and cheaper transactions than Ethereum. Pepe Chain reduces network delays, allowing users to respond more quickly to market changes without paying Ethereum’s high fees.

Beyond its technical upgrades, Pepe Unchained is dedicated to expanding its ecosystem with a community-centered grant program called ‘Pepe Frens with Benefits.’ Starting in Q4 of 2024, this program will offer grants to developers who want to build apps on the Pepe Chain.

These grants could boost $PEPU’s infrastructure as developers create apps that make the project even more useful. Developers can apply on the website to support the growth of the $PEPU ecosystem, and the Pepe Council reviews applications on a regular basis.

Pepe's Pump Pad is built directly on Pepe Unchained L2, which allows for low fees and fast transaction–the hallmark of a good meme coin launchpad–for the Ethereum Network.

— Pepe Unchained (@pepe_unchained) November 6, 2024

Another feature is the “Pump Pad,” a simple tool that lets users create meme coins without coding. The Pump Pad includes anti-rug security, so developers cannot remove liquidity from the platform, keeping investors safe. It also has no buy or sell tax, encouraging fun, free trading while protecting users from malicious activity.

Conclusion

Pepe Unchained’s Layer 2 blockchain, with its dedicated focus on meme coins, positions it to potentially lead the market for new meme projects. Built on Ethereum rather than Solana, it opens up opportunities for even greater adoption and accessibility within the crypto community.

As excitement around meme coins builds, Pepe Unchained’s unique offerings—such as its Pump Pad and developer incentives—place it in a strong position to become one of the most explosive new meme-focused blockchains this season.

With its user-friendly features, robust security, and community-driven incentives, Pepe Unchained is positioning itself as a prime contender in the next wave of meme coin success stories.

As the cryptocurrency market surges forward, Pepe Unchained could very well become a standout in this bull market rally, bringing both experienced and new investors along for the ride.

To participate in the $PEPU token presale, go to pepeunchained.com.

Related

• As Pepe Unchained Launch Date Nears, Analyst Makes Massive Prediction For PEPU
• Bitcoin Bull Run Ignites Meme Coin Frenzy – Will PeiPei Reclaim All-Time High as Pepe Unchained Presale Nears Milestone?

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