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Pepe Unchained exceeds $4M in presale, targets $5M with momentum. Raises $160K in 24 hours during memecoin resurgence; prices set to rise.
The Pepe Unchained (PEPU) presale has hit the $4 million mark – and it won’t be long before it reaches $5 million because momentum looks to be on its side. The presale has raised over $160K in the past 24 hours.
This comes amid a broader crypto bull market rally where traders are flocking back into memecoins. Currently, the Pepe Unchained presale price is $0.0084937, but this is expected to rise throughout the campaign.
Pepe Unchained presale blasts past $4M as Bitcoin crosses $65K
Crypto bulls are swimming in profits. After plunging to lows of $54K, Bitcoin has recovered and recently hit $65K. This has proved good news for altcoins, enabling low caps like Pepe Unchained to explode.
An attempted assassination on former US president Donald Trump marked an inflection point in crypto’s trajectory. It happened on Saturday and bolstered the chances of Trump regaining his White House seat, according to Polymarket data.
This was a big help for crypto, with Trump and his newly appointed running mate, JD Vance, both pro-crypto.
At the same time, Germany ran out of bitcoins to sell after dumping thousands on the market through early July.
And adding to the bullish outlook, Bitcoin ETF inflows are back on the rise, with over $400 million pouring in on Tuesday alone.
Meanwhile, new data suggests the market is bracing for two or three rate cuts in 2024, an increase from one earlier this year.
All of this sets altcoins up for a momentous rally to close 2024, and investors are swarming to memecoins.
In the past week, Popcat has jumped 80%, Pepe and Dogwifhat have both booked some 30% gains, and many others are up over 20%.
At the same time, Pepe Unchained has steamed past $4 million at presale. But it’s not just a memecoin pull turning heads to the Pepe Unchained presale.
Pepe Unchained: first Pepe-inspired crypto with own blockchain
The Pepe bloodline is thriving. In addition to Pepe’s 30% rally, the newly launched PeiPei is up over 250% this month.
“Pepe’s best friend,” Brett, has soared over 4x since May, and many others like Book of Meme are also gaining pace.
But Pepe Unchained is the first Pepe-themed token bringing disruptive utility to the market. It’s building a memecoin-focused Ethereum layer 2 blockchain.
Ethereum fees are astronomical in peak bull market conditions, so users rely on Ethereum layer 2s. These offer lower fees and higher speeds while reporting to Ethereum for finality.
They’ve proved a game-changer for everyday users who want to enjoy Ethereum’s security without breaking the bank. But until now, there was no layer 2 dedicated solely to memecoins.
That’s where Pepe Unchained steps in. It’s 100x faster and much cheaper than Ethereum. It will also have a block explorer, staking, and native Ethereum bridge.
Analysts are certainly bullish on the project, with the likes of popular YouTuber ClayBrl saying Pepe Unchained could lead a new bull market with 50x gains.
Potential use cases for Pepe Unchained
Imagine the electric thrill of memecoins as the beating heart of a blockchain ecosystem. That’s what Pepe Unchained is striving for. There will be non-stop twists and turns, massive volatility, and a light-hearted underpinning.
But built on top of that, developers can let their imaginations run wild.
They could create a DEX for leveraged memecoin trading – suitable for only the most extreme degens! They could build a metaverse centered around meme coin characters, a meme coin lending protocol, a meme-focused NFT exchange, or anything else.
And Pepe Unchained’s low fees and high speeds mean it would be accessible to everyone. It’s a setup destined for mass adoption.
Today, there’s a rare opportunity to invest in this game-changing outlay from the ground up. But prospective buyers must act fast. The presale price will likely increase later today and then potentially rise throughout the campaign.
For more information, visit the Pepe Unchained presale website or follow the project on X and Telegram for further updates.
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