The Pepe Unchained ($PEPU) presale has soared to even greater heights in its ICO, earning it the moniker of the notorious P.E.P.U with an impressive $16.5 million in its bag.
Just five days ago, this new Pepe meme coin crossed the $15 million threshold, hitting $16 million on Saturday.
Kicking off the new week, it raised an additional $500,000, proving to the crypto world that $PEPU is truly the Big Poppa among all Pepe coins.
The whirlwind of excitement fueling $PEPU’s presale the past few days stems from a potent blend of factors.
A sneak peek of its upcoming Layer 2, shared on its socials last week, has stirred up interest, while the relentless FOMO from crypto whales on Friday has driven the demand for $PEPU even higher.
Pepe Unchained’s $PEPU will remain on presale at $0.00989 per token for the next 34 hours, after which the price will shift to $0.0099 in the next funding round.
Bitcoin to hit $100,000? Another whale dives into $PEPU presale
Bitcoin’s ($BTC) winning streak extends into a third week as it seeks to surpass the $66,000 mark, bringing it tantalizingly closer to $68,000 – a level it hasn’t reached since July.
According to Amberdata, the prospects of reaching that price level appear positive, bolstered by bullish momentum as traders observe significant call options buying activity at the $75,000 strike price.
This positive trading activity followed Bitcoin spot ETF inflows, which surpassed $1 billion last week.
Due to the market’s increased Bitcoin appetite, the broader market, particularly meme coins, has also seen significant gains, reaching a total market capitalization of $53.4 billion on Sunday.
Despite a slight drop on Monday, several top meme coins have performed impressively over the past week, with Shiba Inu ($SHIB), DogWifHat ($WIF), and Pepe ($PEPE) up by 25.83%, 37.57%, and 32.40%, respectively.
The meme coin buying spree has also funneled into the Pepe Unchained presale, highlighted by a significant whale purchase that has helped the project achieve its new funding milestone.
On Friday, a whale purchased a total of 5.2 million $PEPU for 19.69 $ETH, or around $51,000.
Ethereum Transaction Hash (Txhash) Details | Etherscan
This marks the second big purchase in the Pepe Unchained presale within September, with the last one on Sept. 9, amounting to a $56,000 purchase.
Such bullish activity from Bitcoin down to up-and-coming tokens such Pepe Unchained sets a good tone for the coming best months for crypto gains in October and November.
Pepe Unchained shares a sneak peek of its L2
Pepe Unchained’s fundraising efforts have shifted into overdrive, raking in over $1.5 million weekly.
If the project soars past the $17 million mark before Wednesday, the funds raised in a week will be well over $2 million – and could gain even more steam as development progresses.
The buzz is palpable as investors eagerly anticipate Pepe Unchained’s upcoming Layer 2 chain, with teasers of it on social media stoking their excitement.
In a recent X post, Pepe Unchained unveiled its testnet, bridge, decentralized exchange (DEX), and cutting-edge analytics capabilities, showcasing a glimpse of the project’s future.
This comes on the heels of the developer grant announced on September 19 that invites developers to explore its Pepe-flavored blockchain and compete for a grant from the Pepe Council.
These developments solidify the narrative that $PEPU is on the fast track to claim its throne at the top of the Pepe food chain.
Once it launches, the challenges of Pepe ownership – like high gas fees and slow transactions in the restrictive Ethereum environment – will be a thing of the past.
Pepe Unchained will offer a faster, cost-effective solution with its own blockchain capable of catapulting other Pepe-themed meme coins and tokens to stardom.
It’s not too late to get in on Pepe Unchained before it potentially achieves a 200x return like $NEIRO
As Pepe Unchained races toward the $17 million milestone, this is your golden ticket to hop on the bandwagon and snag $PEPU at its discounted price.
The flurry of buying activity around $PEPU reveals a burgeoning interest in the project’s potential, and a listing on a major exchange could propel its value to new heights – think a 200x return reminiscent of First Neiro on Ethereum ($NEIRO).
This sentiment is echoed by popular crypto influencer ClayBro on YouTube, who shares his predictions for $PEPU’s price trajectory in the video below.
In fact, whispers of opportunity are already echoing through the corridors, as tier 1 exchanges have set their sights on the project team for a possible listing.
However, the team is choosing to keep their focus on fundraising for now, believing in giving every investor the chance to climb aboard Pepe Unchained from the ground floor before the listing takes off.
So, while this window of opportunity is open to new investors, consider it your green light to scoop up as much $PEPU as you can before it becomes a hot commodity.
Head over to the project’s official website, connect your wallet, and grab your $PEPU using ETH, USDT, or BNB. Credit card payments are also welcome.
You can rest easy knowing that Pepe Unchained’s smart contract has undergone a thorough audit by Coinsult and SolidProof, confirming that no critical issues were found.
Stay in the loop on the latest developments and announcements by joining the project’s community on X and Telegram.
Visit Pepe Unchained
The post Pepe Unchained ICO: L2 Sneak Peek and Whale FOMO Pumps Funds to $16.5M appeared first on Cryptonews.
