Pepe Unchained (PEPU) is emerging as a top crypto investment, with its presale hitting $17.5 million as whales pour in heavy investments.
This Layer 2 project, inspired by Pepe the Frog, boosts speeds, lowers fees, and introduces new DeFi features for meme coin traders.
Many traders and crypto influencers are bullish on Pepe Unchained, seeing its potential to become the next big meme coin.
Hottest Layer 2 ICO surges to over $17M as crypto whales buy in
Pepe Unchained has attracted significant interest recently. The presale total reached $17 million this week, rising to $17.5 million at the time of writing. Investors can purchase $PEPU tokens for $0.00992 during the current presale stage.
The team offers multiple purchase options, including ETH, USDT, BNB, or credit/debit cards, making the token easily accessible. While the presale’s end date remains undisclosed, excitement is building for the token claim and future DEX listing, fueled further by a large recent purchase.
Whales have been interested in Pepe Unchained since its ICO began. A notable whale purchase on Sept. 27 saw 5.2 million $PEPU, worth about $51,000, pushing the presale past the $16 million mark.
This followed another whale transaction on Sept. 9, worth around $56,000, and a separate purchase of approximately $25,000 in $PEPU.
Recently, a new whale swapped 21.75284 ETH for $PEPU, valued at over $51k, on October 3rd, amidst a general crypto market sell-off. Early whale involvement often signals strong potential for a project.
With whales accumulating $PEPU, Pepe Unchained seems poised to join the ranks of top meme coins. According to the whitepaper, the team plans to list $PEPU on a top-tier DEX after the ICO, with a possible CEX listing if all goes well.
What makes PEPU the top crypto to invest in for 2024?
Pepe Unchained offers more than just presale excitement and whale purchases. This project features advanced technology designed to address Ethereum’s scaling issues through a Layer-2 solution called “Pepe Chain,” which aims to facilitate faster and cheaper transactions.
By processing transactions off the main Ethereum chain, Pepe Chain claims to achieve speeds 100 times faster while remaining compatible with the Ethereum ecosystem. To develop on this new platform, the Pepe Unchained team is launching “Pepe Frens with Benefits.”
This program encourages developers to present their project ideas to the Pepe Council, the project’s decision-making body. The council will carefully evaluate all grant applications and select the most promising projects for financial support.
Selected projects will receive funding to develop dApps, tokens, or other blockchain-based initiatives, fostering long-term growth and innovation within the Pepe ecosystem.
Grant submissions will open in Q4 2024, providing developers ample time to refine their ideas. Once approved, developers can utilize Pepe Chain’s advanced infrastructure to bring their projects to fruition.
An exciting aspect of the Pepe Unchained project is its double staking protocol, which currently offers investors an impressive 123% APY, significantly higher than the industry average.
Presale investors can stake their $PEPU even before the presale concludes, with over 1.2 billion tokens already locked in. This staking option has attracted considerable interest from the crypto community, leading to growing anticipation on Pepe Unchained’s Twitter and Telegram channels.
Regarding security, the Pepe Unchained team prioritizes safety. They have audited the $PEPU token with Coinsult and SolidProof, both of which reported no issues with the code.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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