The post Pepe Unchained Hits $20M Presale Milestone – Is This the Best Meme Coin to Buy? appeared first on Coinpedia Fintech News
Pepe Unchained ($PEPU), one of the year’s biggest crypto presales, has just hit a major milestone by surprassing $20 million in funding.
The team has released major developments regarding the project’s future and developer grants opportunity to celebrate this achievement.
Pepe Unchained is the world’s first meme coin with its own blockchain. They’re creating an Ethereum layer 2 network as a new home for meme coins that will be much faster and cheaper than the Ethereum main network.
$PEPU presale races past $20M raise, social media channels explode
The Pepe Unchained presale has now reached new heights in terms of attention.
With over $20 million raised, it’s now one of the most successful ICOs of 2024.
Investors have been putting in about $1m per week over the past couple of months, with FOMO rising as the token’s price rises throughout the various presale stages.
WE JUST HIT $20M RAISED!And with this milestone, we have another major project update to share with our incredible community! pic.twitter.com/z9xlqZ2dAV
— Pepe Unchained (@pepe_unchained) October 16, 2024
The current Pepe Unchained presale price is $0.0103, but this will rise in just over one day.
Investors can purchase the presale using ETH, USDT, BNB, and bank card.
There is also the option to stake tokens after participating in the presale. The staking feature is live and currently offers a 110% APY.
As investors pile into the presale, the project’s social media accounts are growing fast.
For example, its X account has just crossed the revered 50K follower mark. Meanwhile, the project’s Telegram channel has just hit 10K members.
Pepe Unchained’s social media stats are closing the gap on some of the world’s largest meme coins. For example, Mog Coin, which is worth $800 million, has 85K followers on X.
Pepe Unchained team reveals new ecosystem portal and launches developer grants
Investors can get a sneak peek into what it’ll be like to use the ‘Pepe Chain’ with the project’s newly launched ecosystem portal page.
The team will add new features to the page as they launch, making it easy for users to access all the ecosystem mechanisms from a single hub.
According to its website, the Pepe Chain will include a decentralized exchange, an Ethereum bridge, and a block explorer. It also revealed that four new features are launching soon.
We've added a new section to the website which will act as the portal to interact will all of the blockchain features as they go live.View it here: https://t.co/xSgRxHTji1 pic.twitter.com/GCnRoMBvpC
— Pepe Unchained (@pepe_unchained) October 16, 2024
The team also announce the start of the much-awaited developer grants program.
It’s called Pepe Frens With Benefits, and it will pay blockchain builders to launch applications and tokens inside the Pepe Unchained ecosystem.
This is a great way of fast-tracking ecosystem growth and ensuring the long-term success of the Pepe Chain.
Developers will submit their application forms, which the Pepe Council will review and contact successful applicants. Then, developers will receive their grants and can start building.
In order to ensure the Pepe Unchained Layer 2 thrives, and becomes one of the elite projects in the decentralized world, we need elite builders!That's why today, we're excited to announce the opening of the Pepe Frens With Benefits Developer Grant Program! pic.twitter.com/3oQs04Ajhc
— Pepe Unchained (@pepe_unchained) October 16, 2024
The concept has generated massive excitement. Not just investors, but also smart money traders are being drawn to the project.
Analyst ClayBro has Pepe Unchained high on his list of meme coins that could explode. He nodded to the bullish meme coin environment, which he believes positions $PEPU for rapid growth.
Pepe Unchained could be huge if the “meme coin supercycle” is really here
Meme coins have continually outperformed other cryptos in bullish periods this year, a phenomenon that coined the term “meme coin supercycle.”
According to analysts like Murad Mahmudov, speculation has always been the primary driver of altcoin prices – altcoins did not warrant sky-high valuations based on utility.
Murad argues that people are waking up to this fact, which is why meme coins (the unapologetically speculative crypto assets) are attracting the most investment.
Memecoins are a sign that the Crypto Industry is Maturing. For a decade, Altcoins were largely Speculation Vehicles (Gambling Chips)Memecoins will absorb most of the Speculation Premium AWAY from Alts. pic.twitter.com/GuAUKwZ1yR
— Murad (@MustStopMurad) October 16, 2024
Murad and many other experts believe that meme coins will continue to outperform throughout this market cycle and that the gains witnessed in 2025 will be unlike anything we’ve seen before.
2023-2026MEME COIN SUPER CYCLEBubble Stages Chart pic.twitter.com/U6W6sgzWbZ
— Curb◎ (@CryptoCurb) October 9, 2024
If this does occur, then the first meme coin with its own blockchain, Pepe Unchained, could be in for an exciting ride next year.
The Pepe Unchained community has already soared to over 50K people, with hopes high that this could be one of the most successful meme coin launches in recent memory.
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