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While Bitcoin and large-caps remain shrouded in macroeconomic uncertainty, a new viral meme coin is defying the trend.
Pepe Unchained (PEPU) – a low-cap meme coin – has raised over $13.5 million in presale funding, indicating a strong appeal among investors, some of whom are calling it the next 100x crypto.
Its unique features – including a new Layer-2 chain and staking protocol – have made it a standout project in the meme coin sector.
Speculation is rife that PEPU is already attracting the attention of top-tier CEXs including Binance, now that the world’s largest exchange is open to listing low-cap meme coins.
Pepe Unchained – The Latest Viral Meme Coin
Pepe The Frog-themed meme coins are in high demand, with Pepe (PEPE) poised to flip Shiba Inu as the second-largest cryptocurrency in the sector.
Popular crypto trader Glauber Contessoto, widely known as the Dogecoin Millionaire, has also backed PEPEVERSE – anything related to Pepe – as the narrative with the most upside in the coming bull run.
Indeed, coins like PeiPei, PONKE and APU appear poised to see strong growth in the coming months. However, being utility-less coins, they do not offer any value to incentivize long-term holding and thus showcase pump-and-dump price action.
On the contrary, Pepe Unchained is a utility-driven meme coin. In a rare move, the project is launching its own Layer-2 scalability solution on Ethereum, designed specifically for meme coin trading.
PEPU – as well as future meme coins that are listed on this chain – will offer extremely low trading costs as well as instant transactions. Additionally, holders will be able to take advantage of a dedicated DEX and a block explorer.
Pepe Unchained’s Layer-2 ecosystem is already creating quite a buzz, with even prominent news outlets like Cointelegraph, Techopedia and CoinMarketCap covering it. However, it is more than just a marketing strategy.
Ethereum meme coins often see meagre retail investment due to high trading costs, especially if they are not available on popular centralized exchanges. However, experts don’t believe this to be the case for PEPU, as is evident by its robust presale fundraising.
The strong retail investment projections are one of the reasons why analysts are even calling it the next 100x crypto.
Furthermore, Pepe Unchained has its own staking protocol, in line with the latest trend. Presale PEPU buyers are already earning attractive passive income, currently at a reward rate of over 150%.
Read more about the project’s unique features in its whitepaper.
Is PEPU The Next Binance Listing?
The world’s largest crypto exchange Binance surprised investors with its listing of a low-cap meme coin, First Neiro on Ethereum (NEIRO). Hours later, Binance Futures also launched NEIRO Perpetual Contracts.
Now we know what happens when Binance spot lists a $20m mcap meme https://t.co/hsLlqSi3Iy pic.twitter.com/rOBojlA1AJ
— CRG (@MacroCRG) September 16, 2024
Before its listing, NEIRO had a valuation of just under $14 million. Within a few minutes of its launch on Binance, the meme coin soared by over 1000%, reaching an all-time high market cap of $160 million.
Binance co-founder Yi He also confirmed that the exchange is testing projects with low fully diluted valuation like First Neiro on Ethereum.
He Yi, co-founder of Binance, explained: Binance has no intention to guide the trend towards Meme. There are three types of projects now: Telegram games, all for airdrops; many infrastructures, all high FDV VC coins; Memecoins. Binance found some projects with low FDV and… https://t.co/RNWSdW6bo1
— Wu Blockchain (@WuBlockchain) September 16, 2024
Considering that Pepe Unchained is currently seeing one of the hottest presale performances of 2024, it is no surprise that speculations regarding a potential Binance listing are swirling. The meme coin is also attracting significant attention from crypto whales, a fact that is also fueling the Binance rumours.
For instance, a crypto whale purchased $200k worth of PEPU back in July. Earlier this month, two whales invested $25k and $55k into the Pepe Unchained presale, respectively.
The heavy whale buys indicate that smart money investors are expecting a strong growth in the meme coin follow its launch. A Binance or Tier-1 listing could be one of the reasons why.
Why Experts Are Calling Pepe Unchained The Next 100x Crypto?
Smart money investors are clearly bullish on Pepe Unchained, as is evident by the large whale investments.
Utility-driven tokens are rare in the meme coin space, especially with Pepe The Frog-themed packaging. The fact that PEPU’s smart contract has been audited by multiple security companies has further boosted investor confidence.
The Coinsult and Solid Proof audit reports are publicly available on the website.
As a result, there is growing speculation amongst YouTube influencers that Pepe Unchained could be the next 100x crypto.
After all, PEPU is showing all signs of being a long-term investment. For instance, investors using its Layer-2 ecosystem will require the meme coin to pay transaction fees, providing long-term utility to the token.
Furthermore, the PEPU price is expected to soar once Pepe starts its push towards new all-time highs.
Interested buyers still have a short window to stack Pepe Unchained at its discount price in the presale. They can use the over-the-counter widget on its presale website and buy the meme coin with a few clicks.
Investors can also follow the project’s X and Telegram accounts to keep up with the latest updates.
Visit Pepe Unchained Presale
*Cryptonomist did not write the article or test the platform.