Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Pepe Unchained, a viral memecoin for a Pepe-themed Ethereum layer 2, has raised $13.5M in presale amid growing hype.
Pepe Unchained (PEPU), a viral new memecoin creating the first Pepe-themed Ethereum layer 2, has just cleared the $13.5 million total raised milestone at presale.
With the presale growing at a rapid pace and analysts giving bullish predictions, let’s see what the hype’s about with Pepe Unchained.
‘Pepeverse’ rush: Dogecoin Millionaire backs Pepe alternatives as “clear winners”
Traders are pouring into Pepe alternatives this week following a bombshell u-turn from the legendary Dogecoin investor Glauber Contessoto.
On Monday, Contessoto predicted that the 2025 memecoin season winners will be Pepe-related tokens.
The revered trader earned himself the title ‘Dogecoin Millionaire’ in 2021 and garnered international media recognition for his brazen belief in Dogecoin.
However, he’s betting on the ‘Pepeverse’ this cycle:
“I believe the memecoin bull run in 2025 will be based around 2 main meme universes – the most popular of the 2, in my opinion, being anything involving PEPE.”
The result? Traders are going crazy for Pepe-themed tokens. Two of the leading large-cap memecoins in the past 24 hours are Apu Apustaja (up 12%) and PepeCoin (up 11.5% ).
Meanwhile, numerous small-cap Pepe tokens have surged 100% or more.
This comes at a time when every memecoin inside the top ten has seen gains of 2% or less.
With the most famous memecoin trader from 2021 joining the Pepe movement, it seems that many of his followers may be following suit.
This is significantly bullish for new Pepe-themed tokens like Pepe Unchained, which only require small amounts of liquidity to surge their price.
However, as mentioned, Pepe Unchained is building an Ethereum layer 2 blockchain. This separates it from the other Pepe-themed tokens on the market.
‘Pepe Chain’ will be cheaper and 100x faster than Ethereum
While inspired by the light-hearted Pepe meme, Pepe Unchained is underpinned by robust, market-leading technology.
The team is building a layer 2 blockchain on top of the Ethereum network. It will offer 100x faster speeds and be much cheaper to use than Ethereum.
It’ll be connected to Ethereum using a dedicated bridge, making it easy to move funds on and off the network.
Moreover, it’ll have a block explorer to ensure transparency and openness akin to transacting on the Ethereum main network.
Pepe Chain offers a huge speed and cost advantage over Ethereum while allowing users to access it from their Ethereum wallet. This is a big benefit compared to something like Solana, which requires users to create and manage a separate wallet.
What’s more, Pepe Chain is designed solely with meme coins in mind.
Everything on the chain will be meme coin-themed, including tokens and decentralized applications.
Pepe Unchained — Groundbreaking Layer 2 Blockchain technology.Welcome to the future of meme coins. 🐸 pic.twitter.com/iC9b6YSynT
— Pepe Unchained (@pepe_unchained) September 6, 2024
The possibilities are endless, and the narrative fits perfectly into Glauber Contessoto’s Pepeverse prediction.
In 2021, Shiba Inu distinguished itself as ‘Dogecoin with utility.’
Pepe does not have a utility-rooted alternative yet. Currently, all Pepe-themed tokens are competing purely on memetics. This is a huge gap in the market that Pepe Unchained aims to fill.
Smart money moves into PEPE while the price is low
Over the past week, the market has witnessed First Neiro On Ethereum skyrocket to a $350 million market cap.
One smart money trader called NEIRO less than one month earlier when it had a $1 million market cap, providing his followers with up to 350x gains.
16 mil cap to 216mil cap in less than 48 hoursWe got in around 1-2 mil cap thanks to @ARafayGadit heads upShould go to 1 billion cap $Neiro @neiroethcto https://t.co/Ua3jpVYpMO pic.twitter.com/UlMTY2Lr7J
— TraderSZ (@trader1sz) September 17, 2024
The opportunity for such gains on NEIRO has now passed, but smart money is also bullish on Pepe Unchained.
As evident in the $13.5 million raised, market participants are contributing significant funding to the PEPU presale.
Meanwhile, industry experts such as Umar Khan from 99Bitcoins are predicting 100x gains for PEPU.
Khan also boldly predicted that Pepe Unchained might be “the next Pepe coin.”
Indeed, smart traders are capitalizing by securing the lowest Pepe Unchained price.
The presale operates under a multi-tiered pricing system, with incremental increases throughout. As such, those seeking the highest returns should act quickly.
For more information, visit the Pepe Unchained presale website or join the community on Telegram and X.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
