Price: $0.38730 -0.2907%
Market Cap: 56.88B 1.8284%
Volume (24h): 11.62B 0.4%
Dominance: 1.8284%
Price: $0.38730 -0.2907%
Market Cap: 56.88B 1.8284%
Volume (24h): 11.62B 0.4%
Dominance: 1.8284% 1.8284%
  • Price: $0.38730 -0.2907%
  • Market Cap: 56.88B 1.8284%
  • Volume (24h): 11.62B 0.4%
  • Dominance: 1.8284% 1.8284%
  • Price: $0.38730 -0.2907%
Home > Information news > Pepe Unchained Presale Raises Almost $12 Million In 7 Days, On Track For $80 Million Total Amid A FOMO Frenzy Over Top Exchange Listings

Pepe Unchained Presale Raises Almost $12 Million In 7 Days, On Track For $80 Million Total Amid A FOMO Frenzy Over Top Exchange Listings

Release: 2024/11/20 18:28 Reading: 886

Original author:Inside Bitcoins

Original source:https://coinmarketcap.com/community/articles/673daadc5bebca307259c9b9

Pepe Unchained Presale Raises Almost $12 Million In 7 Days, On Track For $80 Million Total Amid A FOMO Frenzy Over Top Exchange Listings

Pepe Unchained Presale Surges, Raising Over $11.8 Million

The Pepe Unchained presale has generated over $11.8 million in the past week, boosting its pre-launch funding to nearly $80 million by its December 13 market debut. This surge has been fueled by a surge of FOMO (fear of missing out) sparked by the token's anticipated listing on tier-1 exchanges.

Record-Breaking Initial Coin Offering

From November 11 to 19, investors invested $11,856,505.74 in the token's ICO, setting a new record for meme coin presales. The daily investment average exceeded $1.69 million, propelling PEPU's total fundraising past $40.3 million.

Potential for $80 Million Presale

If Pepe Unchained continues to accumulate capital at the same rate, it could debut with a market capitalization close to $80 million. This momentum is supported by increased whale activity in recent days.

Speculation Fuels Investor Frenzy

The presale gained significant traction after rumors emerged that Pepe Unchained would be listed on Coinbase and Binance. These speculative listings have sparked investor excitement, raising the possibility of a price surge upon the token's market debut.

Taking Pepe to New Heights

Pepe Unchained is a layer-2 project focused on establishing the Pepe brand in the crypto ecosystem and liberating it from the Ethereum network's limitations. By migrating to its own blockchain, the project aims to enhance transaction speeds and reduce fees.

Ecosystem Expansion

Beyond its layer-2 capabilities, Pepe Unchained plans to foster the development of decentralized applications within its ecosystem. The project has launched a grant program to support developers building on its platform. Additionally, the unveiling of its token launchpad positions it as a competitor to Solana's Pump.fun platform.

Bullish Market Sentiment

Experts are optimistic about PEPU's potential, citing its meme coin status, layer-2 chain, and the influx of applications expected to join its ecosystem. An analyst has predicted that a $1,000 investment in PEPU could yield $10,000 returns after its launch.

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