Wednesday, December 4, 2024 — Pepe Unchained ($PEPU) has set a new benchmark in the meme coin space, raising an incredible $70 million during its presale, making it the largest of its kind in Web3 history.
The presale shows no signs of slowing down, with $PEPU continuing to rake in over $2 million daily. However, the clock is ticking – there are just nine days left to purchase at the current price of $0.01295 per token before it’s available on exchanges.
Sources suggest the Pepe Unchained ($PEPU) presale could end earlier than anticipated, with the token possibly launching on CEXs and DEXs by early next week.
With the tremendous hype surrounding it, once $PEPU hits the market, its price is expected to increase.
Since its launch this summer, the Pepe Unchained presale has created a buzz, attracting meme coin fans eager for exclusive staking rewards, lower fees, and transaction speeds up to 100 times faster than top ERC-20 meme coins.
To put it into perspective, one of the biggest meme coin ICOs of the year, Slothana, raised $15 million, which was seen as a massive success at the time. $PEPU, however, has already raised over four times that amount.
With $PEPU’s potential exchange listings on the horizon, the token could see even greater appreciation. For those still on the fence, now may be the best time to invest – $100 could secure you 7,722 $PEPU tokens.
Keep reading to explore how Pepe’s new Layer 2 token is revolutionizing meme coins and offering exclusive rewards to its holders.
Pepe: A Fresh Take on a Classic MemeThe original Pepe (ticker: $PEPE) is the third-biggest meme coin in crypto with a $8.2 billion market cap. It’s also the largest non-canine meme coin on the market.
The already-famous avatar dropped four years before Bitcoin’s launch in 2009. Pepe was originally a character in the webcomic Boy’s Club, designed by Max Furie, known and memed for his catchphrase “feels good, man.”
He then became a global sensation. Pepe even became a political icon after appearing in the 2019–2020 Hong Kong protests. Since the original $PEPE’s launch, other tokens inspired by Furie’s comic have dropped, but none enjoyed quite the same success as the original.
Tokens derived from the Boy’s Club webcomic capitalize nearly a tenth of crypto’s lofty $125 billion meme coin sector. Brett coin ($BRETT)—which is on Coinbase’s proprietary Ethereum Layer 2, Base—corners $2 billion of the market, while $PEPECOIN’s market cap approaches half a billion today.
Clearly, the appeal of these viral coins lies in their potential to blow sky-high. If you had bought $PEPE one year ago today, your stash would be up 1,552%. Diamond-handed $PEPECOIN HODLers are up an unbelievable 1,628% from this time last year, according to CoinGecko.
$BRETT holders that bought during late February’s launch are up nearly 19,735%. Given its origins as a Layer 2 meme coin, Pepe Unchained could follow a similar trajectory to Base’s Brett. However, it’s worth noting that while Base is backed by Coinbase, Pepe Unchained is a grassroots Layer 2 made by independent developers.