Pepe Unchained ($PEPU) is not live on the open market but is already among the top trending meme coins.
The project is undergoing a presale and has just crossed the $21 million raised mark, less than four days after hitting $20 million.
It is raising funds to build an Ethereum layer 2 blockchain for meme coins, and its presale momentum demonstrates that investors are in full support.
$PEPU presale reaches new heights: $1 million raised in 4 days
Investors are scrambling to get in on the Pepe Unchained presale.
That’s because the price will incrementally rise throughout the campaign. The current price is $0.0112, but it won’t last long.
The incrementally increasing price means those seeking the most value for money must act fast.
So, as more people learn about the project – from word-of-mouth, media, and influencers – presale momentum is accelerating.
Just three days ago, analyst Zach Humphries published a video hailing Pepe Unchained for raising $20 million. Today, the total raise is $21.1 million.
Humpries also praised the project’s ability to take action, as it has released a series of high-order announcements in recent weeks.
And he’s not the only analyst praising Pepe Unchained. For instance, ClayBro says that it’s “ready to rocket in the upcoming meme coin rally.”
Meanwhile, Umar Khan from 99Bitcoins says it can 100x in price.
But what’s all the fuss about?
Pepe Chain: a dedicated meme coin hub on Ethereum
It’s no secret that Pepe is this cycle’s winner among meme coins.
While it lags behind Dogecoin and Shiba Inu in market cap, it has well outpaced them in price action.
In the past year, SHIB has increased 177%, DOGE has increased 147%, and Pepe has increased 1,519%.
Pepe has everyone’s attention, and that’s good news for Pepe Unchained.
While piggybacking on the viral allure of Pepe, Pepe Unchained introduces tangible utility. It’s solving the pressing issue of Ethereum scalability with a layer 2 blockchain dedicated solely to meme coins.
Imagine a network that’s fast, scalable, and everything is meme coin-themed. In the current market landscape – where meme coins are dominating – this has massive potential for adoption.
Developers will be able to launch meme coins or meme coin-related applications. Think a meme coin-themed Play-to-Earn game or DeFi project. But ultimately, it’s possible to build anything on the Pepe Chain.
Adding to this, the project’s team recently revealed that they’re accepting grant applications from developers.
Devs can visit the Pepe Unchained website, submit a grant proposal, and have the Pepe Council review it. The team will contact successful applicants to receive their grants and start building.
It’s a concept that will expedite ecosystem growth and bolster adoption.
Get big staking rewards in the $PEPU presale today
Thanks to its lower operational cost, Pepe Unchained set aside a whopping 30% of its total supply to staking rewards.
Currently, stakers can earn a 106% APY, which is significantly higher than that offered by many other blockchains. For instance, Ethereum and Solana staking offer an estimated 7% APY.
However, $PEPU’s staking rewards will decrease as the staking pool grows, so those seeking to maximize their returns should not wait around.
And for those on the fence, rest assured that Pepe Unchained is safe and secure. They’ve undergone extensive auditing from blockchain security firms Coinsult and Solid Proof, neither of whom found issues with the project’s code.
Follow Pepe Unchained on X or join its Telegram for updates. Alternatively, visit its website to buy and stake tokens.