$PEPE , a prominent memecoin, has gained significant attention with its recent listing on BitMart, leading to a price spike and increased investor interest. The ongoing presale was remarkably successful, raising nearly $12 million in seven days. Speculation about potential listings on major exchanges like Binance and Coinbase has also heightened market expectations.
Pre-sale success
The PEPE Unchained presale has raised over $11.8 million in the past week alone, with a trajectory that suggests it could reach $80 million by its launch on December 13. The average daily investment is around $1.69 million. As of today, the total funds raised have surpassed $40.3 million, highlighting strong investor confidence.
Price movements and market correction
Over the past week, PEPE price has gained 57.85%, surpassing critical resistance levels at $0.000017 and $0.00002. Currently trading at $0.00002028, memecoin is seeing a slight correction, mirroring Bitcoin price action. Technical indicators suggest a possible renewal of bullish momentum in the near term.
Layer 2 Technology and Ecosystem Expansion
PEPE Unchained leverages layer 2 technology to address congestion on the Ethereum mainnet. The project aims to transform PEPE into its own blockchain, promising a 100x increase in transaction speeds and a significant reduction in network fees. This migration will also enable the development of decentralized applications within the PEPE Unchained ecosystem, expanding its use and adoption.
Developer Initiatives and Launchpad Introduction
To further the growth of the ecosystem, PEPE Unchained has launched a grant program for developers, providing financial support to build on its native blockchain. Additionally, the introduction of a token launcher puts the project in competition with platforms like Solana’s Pump.fun, establishing itself in the competitive memecoin market.
Pepeto: Cross-chain innovation
Complementing PEPE's ecosystem, Pepeto is a cross-chain memecoin project that highlights utility and community development. It offers zero-fee cross-chain trading, liquidity management, and token listing capabilities. By focusing on paid community development and a staking rewards program, Pepeto aims to foster long-term user engagement and support the broader PEPE ecosystem.
summary
PEPE’s recent notable events, including a successful presale, price performance, and ecosystem expansion through layer-2 technology and developer programs, position it as a major player in the evolving memecoin space. Strategic innovations like Pepeto and the token launchpad further enhance its long-term growth potential and market dominance.