Pepe Unchained Raises More Than $5M in a Month, Despite Altcoin Season Not in Full Swing

After bagging $4 million last week, Pepe Unchained ($PEPU) is back on the grind, pushing its total funds raised to over $5 million.

Pepe’s latest and most badass version, complete with its own Layer 2 chain on Ethereum, marked its one-month milestone by swiftly raising $1 million in the last three days.

The crypto market isn’t yet in full altcoin season mode, but that hasn’t stopped investors from pouring new capital into Pepe Unchained week after week, seeing it as not just an improved Pepe but the new face of the cryptofication of meme culture.

Currently priced at $0.008596, its native token, $PEPU, will jump to $0.00863040 in less than 24 hours as it smashes another presale stage with relative ease.

Now’s the perfect time to grab some $PEPU before it hits major exchanges and its Layer 2 chain goes live.

Once that happens, $PEPU’s price direction is set on course to the moon, and anyone who missed out now will have no choice but to kick themselves.

Ethereum and the rest of the market have not outperformed Bitcoin yet

Bitcoin surged to above $67,000, up by 4.62% in the past week, likely sparked by President Biden’s withdrawal from the presidential race, which was seen as a win for “crypto president” Donald Trump.

Meanwhile, Ethereum climbed by 0.64% to $3,482 as the market anticipates the first day of trading of its new ETFs on Tuesday.

The rest of the crypto market took a breather from last week’s hot streak, slowing down by 1.43% over the previous 24 hours. During the same period, the meme coin sector experienced a modest decline of just 3.7%.

Despite this, Pepe Unchained’s predecessor, Pepe ($PEPE), has maintained positive growth with an 8.8% increase over the past seven days. Other leading meme coins also performed strongly during this time, with DogWifHat ($WIF), Bonk ($BONK), and Dogecoin ($DOGE) seeing gains of 23.5%, 11.6% and 9%, respectively.

With the top meme coins outperforming Bitcoin, the market may appear to have entered an altcoin season.

However, this probably isn’t the case, as the Altcoin Index remains low at just 24, indicating that investors still have their sights on Bitcoin.

A true altcoin season typically begins when at least 75% of the top cryptocurrencies outperform Bitcoin over the past 90 days. The most recent instances of an altcoin season occurred in January and March of this year, which preceded the meme coin boom.

Therefore, there’s still plenty of room for meme coins to embark on a second wave, since investors haven’t fully caught onto this sector yet. That means the gains seen now might be the start of something big.

Even though it’s not quite altcoin season yet, it raises questions about why Pepe Unchained is suddenly raking in so much cash in such a short time.

It seems like some folks are recognizing something special in Pepe Unchained that others haven’t entirely picked up on yet – sort of like how only a handful saw Bitcoin’s potential way back when.

Pepe Unchained: A top 10 Layer 2 on Ethereum

Pepe is an iconic and universally recognizable meme that has stood the test of time, remaining highly relevant in internet culture.

Its meme coin representations, $PEPE and $PEPECOIN, stand as the crypto community’s shining example of the fusion between internet culture and financial sovereignty.

However, these old Pepes are broken. They are slow and expensive to acquire.

But all of that is about to change with the launch of their ultimate version: Pepe Unchained.

Pepe Unchained introduces its own Layer 2 chain on Ethereum, significantly reducing the cost of acquiring more $PEPU. Layer 2 solutions provide scalability, lower transaction fees, and increased throughput.

While old Pepes blend internet culture with financial sovereignty, Pepe Unchained seamlessly merges internet culture with frictionless financial sovereignty.

This distinction has earned Pepe Unchained recognition as the top Layer 2 chain on Ethereum by leading crypto publication CryptoNews, and 99 Bitcoins on YouTube predicts it to be the next meme coin poised for a 10x return.

Furthermore, as its own independent chain with a unique protocol, consensus mechanism, security features, and even its own blockchain explorer, Pepe Unchained creates a new ecosystem that runs alongside Ethereum, potentially serving as a launchpad for other exciting and innovative projects.

Grow your $PEPU tokens by 1% daily

Pepe Unchained, breaking free from Ethereum’s grip, could put it in the driver’s seat of the meme coin pack.

Early investors are realizing this, which is why, aside from buying $PEPU, they are also taking advantage of its staking feature with its 4% APY, which is enough to provide investors with a 1% daily return.

With 404 million $PEPU tokens already locked up, currently valued at $3.4 million or 68% of the total $5 million invested, it signifies serious faith in Pepe Unchained’s future.

If you’re one of the few who now realize Pepe Unchained’s potential, rush over to the Pepe Unchained website, connect your wallet, and buy $PEPU with ETH, USDT, or BNB. Credit cards are also accepted.

For your peace of mind, Pepe Unchained’s smart contract has undergone a full audit by Coinsult and SolidProof, revealing zero critical issues in its code.

Whether it’s altcoin season or not, smart investors should follow where the smart money is heading – and right now, that’s to $PEPU.

Join the movement and buy $PEPU today.

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