Pepe Unchained ($PEPU) has just achieved its most significant milestone yet.
After unparalleled presale success, it has now successfully raised $20 million, affirming its position as one of the most promising meme coins on the market.
Pepe Unchained’s $20 million raise shows unwavering investor support
Numbers don’t lie – investors believe Pepe Unchained is the best presale to buy – they’re voting with their wallets.
Tens of presales are ongoing at any given time, all aiming to somehow reshape the crypto market.
Yet, Pepe Unchained is attracting disproportional amounts of liquidity, signaling that investors think it has the biggest chance of success.
It’s no surprise – the project is raising funds to build the world’s first meme coin-themed Ethereum layer 2 blockchain.
The concept has exposure to the contagious meme coin trend while tackling Ethereum’s scalability issue head-on.
Currently, the Pepe Unchained total raise is at $20.1 million, up approximately $300K in the last day.
Investors can buy $PEPU today for $0.0103, but this price will rise as the ICO advances.
Leading industry experts also share investors’ bullish sentiment, with ClayBro telling his 130K subscribers that “Pepe Unchained could be next to soar” after meme coins saw huge price rallies this month.
“With the cryptocurrency market on absolute fire, prices are looking very strong. I think we are on the verge of a major breakout. If that happens, tokens like Pepe Unchained – which has raised $19.7 million – could soar with the rest of the market,” he said.
‘Pepe Chain’ test net goes live: a sneak peek into the blockchain that redefines meme coins
What’s all the hype about?
Pepe Unchained will be the first meme coin with its own blockchain.
It’s building an Ethereum layer 2, which cuts costs and increases speeds compared to the Ethereum main network. This makes trading meme coins and interacting with on-chain applications much more frictionless.
However, they’re not stopping with just the bare infrastructure. The blockchain will also have several built-in features, such as staking, a block explorer, and an Ethereum bridge.
A post on the project’s X account teased a glimpse of what it will be like to interact with the Pepe Chain.
It provided a video that showed the user experience of different ecosystem features.
The screenshot below shows what it’ll look like to make a token swap on Pepe Unchained’s in-house decentralized exchange.
And here’s what the block explorer will look like:
Pepe Unchained redefines meme coin. While most compete purely on community sizes and memetics, Pepe Unchained harnesses meme coin characteristics and applies them to solving a pressing industry issue.
It’s a formula with serious untapped potential.
After the Pepe Unchained presale ends, what to expect next?
The Pepe Unchained team has offered some exciting insight into what we can expect following the presale’s conclusion.
They noted that they’re in talks with tier-1 exchanges, which would see $PEPU become available to a wide stroke of new investors, bolstering its ability to draw liquidity.
Moreover, to celebrate raising $20 million, the team has just launched the developer grants program. This will pay builders to create projects inside the Pepe Unchained ecosystem.
Developers can now submit their grant applications to be reviewed by the Pepe Council. If approved, they’ll receive a grant and be able to start building straight away.
This means that the first set of apps and tokens will go live on the Pepe Chain in the upcoming months. The chain is expected to launch immediately after the presale ends.
Pepe Unchained is not just a clever use case – the team is putting its plans into action. As such, the future looks promising for this new project.
Follow Pepe Unchained on X or join its Telegram for updates. Alternatively, visit its website to buy and stake tokens.
