Price: $0.40098 2.4265%
Market Cap: 59.03B 1.6184%
Volume (24h): 2.42B 0%
Dominance: 1.6184%
Price: $0.40098 2.4265%
Market Cap: 59.03B 1.6184%
Volume (24h): 2.42B 0%
Dominance: 1.6184% 1.6184%
  • Price: $0.40098 2.4265%
  • Market Cap: 59.03B 1.6184%
  • Volume (24h): 2.42B 0%
  • Dominance: 1.6184% 1.6184%
  • Price: $0.40098 2.4265%
Home > Information news > Crypto’s Biggest Ever Meme Coin Presale Pepe Unchained ($PEPU) Raises Unprecedented $70M

Crypto’s Biggest Ever Meme Coin Presale Pepe Unchained ($PEPU) Raises Unprecedented $70M

Release: 2024/12/04 22:38 Reading: 468

Original author:Inside Bitcoins

Original source:https://coinmarketcap.com/community/articles/675062ad0deb0348c4647bac

Crypto’s Biggest Ever Meme Coin Presale Pepe Unchained ($PEPU) Raises Unprecedented $70M

Pepe's New Layer 2 Meme Coin, Pepe Unchained ($PEPU)

Pepe's revolutionary Layer 2 meme coin, Pepe Unchained ($PEPU), has shattered records by becoming Web3's largest meme coin presale, raising a staggering $70 million since its summer launch.

With no signs of slowing down, $PEPU continues to net over $2 million daily. The official website's countdown timer indicates just nine days remaining for investors to purchase during the presale at a fixed price of $0.01295 per token. However, rumors suggest the presale may conclude sooner, with a possible token launch on centralized and decentralized exchanges (CEXs and DEXs) by early next week.

Upon hitting the open market, Pepe Unchained is poised to soar, given its immense hype.

The Extraordinary Pepe Unchained Presale

The Pepe Unchained presale created a wave of excitement, attracting meme coin enthusiasts due to its unparalleled staking rewards, reduced fees, and 100x faster transaction speeds compared to its ERC-20 meme coin rivals.

Sloathana, one of the year's most prominent meme coins, raised $15 million in its ICO, a significant amount at the time. $PEPU has surpassed this by over four times.

Potential for Exchange Listings

Beyond its ICO, $PEPU's anticipated exchange listings could further enhance its appreciation potential. For undecided investors, this may be an ideal time to invest as a $100 investment yields 7,722 $PEPU.

Pepe: A Classic Redesigned

The original Pepe ($PEPE) is crypto's third-largest meme coin with an $8.2 billion market capitalization, making it the largest non-canine meme coin.

Created four years before Bitcoin's launch, Pepe originated as a character in the webcomic Boy's Club and became a global sensation, even appearing in the Hong Kong protests. While inspired tokens emerged, none have matched the success of the original.

Boy's Club-derived tokens comprise a significant portion of crypto's $125 billion meme coin sector. Brett coin ($BRETT), utilizing Coinbase's Base Layer 2, holds $2 billion of the market, while $PEPECOIN's market capitalization nears half a billion.

These viral coins possess immense potential, as evidenced by $PEPE's 1,552% growth over the past year and $PEPECOIN's 1,628% surge. $BRETT has experienced an impressive 19,735% gain since its February launch.

Pepe Unchained, as a Layer 2 meme coin, could mirror Brett's trajectory. However, it operates as an independent Layer 2, unlike Base's Coinbase backing.

Pepe's New Layer 2 Capabilities

The team outlined its ecosystem roadmap in a series of tweets, highlighting key features such as a Layer 2 DEX for low-cost $PEPU swaps and a Pepe Foundation to support developers.

Additionally, a dedicated block explorer allows for real-time Layer 2 transaction monitoring, and a Pepe Unchained bridge facilitates seamless, low-cost transfers between Pepe Unchained and Ethereum Layer 1.

Ethereum Layer 2: Enhancing Efficiency

Pepe Unchained is the first meme coin built on a proprietary Ethereum Layer 2 blockchain. Ethereum, with its extensive developer and consumer base, is the most commercially significant blockchain, establishing itself as the leading platform for DeFi.

However, Ethereum's limitations in transaction speed often result in network congestion and high fees. Layer 2 protocols address this by processing transactions independently on side chains before adding them to the Layer 1 ledger.

Major Layer 2s include Polygon ($POL), capable of handling up to 429 transactions per second. Layer 2 tokens collectively boast a market capitalization of over $20 billion.

By leveraging this technology, Pepe Unchained offers a meme coin with unparalleled speed and transaction costs. Furthermore, it rewards $PEPU stakers with attractive variable yield rates, currently set at 64% APY.

$PEPU Tokenomics and Details

Two-fifths of the total $PEPU supply (3.2 billion) is allocated to the presale, with a significant 30% (2.4 billion) reserved for staking. 10% is dedicated to marketing, while the remaining 20% is divided equally between DEX liquidity (7.5%) and project development (7.5%). The remaining 5% is allocated to the Pepe Unchained Layer 2 treasury.

With less than nine days remaining in the presale, interested investors are urged to act promptly.

For further information, visit the official Pepe Unchained website or consult the whitepaper, as well as the official [social media accounts], including [Twitter] and [Telegram].

The project's smart contract has undergone a thorough SolidProof audit. $PEPU can be conveniently purchased using ETH, USDT, or bank cards.

Visit the Pepe Unchained website here: [Website URL]

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