Primary Listing and Market Performance
$PEPE , a prominent memecoin, has garnered significant attention with its recent listing on BitMart, resulting in a price surge and heightened investor interest. The ongoing presale has been remarkably successful, raising nearly $12 million within seven days. Speculation about potential listings on major exchanges like Binance and Coinbase has further fueled market anticipation.
Presale Success
The PEPE Unchained presale has raised over $11.8 million in the last week alone, with a trajectory suggesting it could reach $80 million by its December 13 launch. The daily average investment stands at approximately $1.69 million. As of today, the total funds raised have surpassed $40.3 million, highlighting robust investor confidence.
Price Movements and Market Correction
Over the past week, PEPE’s price has surged by 57.85%, breaking critical resistance levels at $0.000017 and $0.00002. Currently trading at $0.00002028, the memecoin is experiencing a slight correction, mirroring Bitcoin's price action. Technical indicators suggest the potential for renewed upward momentum in the near term.
Layer-2 Technology and Ecosystem Expansion
PEPE Unchained is leveraging layer-2 technology to address Ethereum mainnet congestion. The project aims to transition PEPE to its own blockchain network, promising a 100-fold increase in transaction speeds and significantly lower network fees. This migration will also enable the development of decentralized applications within the PEPE Unchained ecosystem, broadening its use case and adoption.
Developer Initiatives and Launchpad Introduction
To foster ecosystem growth, PEPE Unchained has launched a developer grant program, providing financial support for building on its native blockchain. Additionally, the introduction of a token launchpad positions the project to compete with platforms like Solana's Pump.fun, solidifying its presence in the competitive memecoin market.
Pepeto: Cross-Chain Innovation
Complementing PEPE's ecosystem, Pepeto is a cross-chain memecoin project emphasizing utility and community development. It offers zero-fee cross-chain trading, liquidity management, and token listing capabilities. By focusing on community-driven development and a staking rewards program, Pepeto aims to enhance long-term user engagement and support the broader PEPE ecosystem.
Summary
PEPE’s recent milestones, including a successful presale, price performance, and ecosystem expansion through layer-2 technology and developer programs, position it as a key player in the evolving memecoin space. Strategic innovations like Pepeto and the token launchpad further reinforce its potential for long-term growth and market dominance.