The post Pepe Unchained Presale Clears $40M as Analyst Predicts 100X Returns for Early Investors appeared first on Coinpedia Fintech News
Investors are betting big on Pepe Unchained ($PEPU) to become the next major meme coin.
The project has raised a staggering $40 million in presale funding. For perspective, that’s over double what Ethereum raised in its ICO.
And like Ethereum, Pepe Unchained takes an avant-garde approach and carves new crypto-use cases.
Behind its recognizable Pepe the Frog branding, Pepe Unchained is building an Ethereum layer 2 blockchain. It’s an entire ecosystem focused on scalability, innovation, and meme coins.
However, the project’s ICO ends in just 22 days.
Top analyst says $PEPU to 100x after presale
Pepe Unchained is not just captivating investors – industry experts are also paying close attention.
In a recent video, analyst Umar Khan told 99Bitcoin’s 700K YouTube subscribers that Pepe Unchained might be the “Next 100x Pepe meme coin.”
Khan pointed to the viral hype surrounding Pepe right now – which even involves Elon Musk tweeting about it.
However, he underlines that Pepe Unchained is more than a knock-off Pepe imitation. It’s building the industry’s first Pepe-themed Ethereum layer 2 blockchain.
A layer 2 that’s 100x faster than Ethereum
Pepe Unchained has transactional capabilities that make it a no-brainer for meme coin traders seeking exposure to the Ethereum ecosystem.
Users can easily hop onto the Pepe Chain from their Ethereum-compatible wallet, such as MetaMask or Trust Wallet.
And once they’re there, fees are far cheaper, and transaction speeds are 100x faster.
Meme coin traders often make a lot of transactions, and time is of the essence. Therefore, Pepe Unchained’s ability to cut fees and lift speeds will be well appreciated.
The Pepe Chain comes prebuilt with features like a block explorer, staking, a dedicated Ethereum bridge, a decentralized exchange, and a meme coin generator.
Everything is in place for traders to enjoy the ecosystem’s full potential from day one.
That said, the most important feature is its meme coin launcher, a tool that lets everyday people create tokens.
Will the next $10 billion meme coin launch on Pepe Chain?
Solana’s Pump.fun keeps birthing millionaire-making meme coins, but imagine if it had Ethereum’s liquidity.
That’s what Pepe Unchained is creating with its meme coin generator, dubbed “Pepe Pump Pad.”
Pump.fun is a no-code meme coin launcher that allows anyone to create a meme coin in minutes. The Pump.fun ecosystem currently sits at a $7 billion market cap, and some of Solana’s hottest ecosystem tokens were born out of it.
For instance, the trending Chill Guy meme coin, inspired by a popular TikTok meme, launched on Pump.fun and enabled one lucky trader to turn $4 into $141K on Wednesday.
This guy Bought $4 worth of chill guy and sold $141K
Definitely the chillest guy right now. pic.twitter.com/zXzMHpAE0d
— King.sol
(@teddi_speaks) November 20, 2024
Currently, the largest Pump.fun token is Peanut the Squirrel, which recently became the fastest meme coin to a $2 billion market cap.
However, as mentioned, Pepe Unchained’s version of Pump.fun will also benefit from Ethereum’s liquidity.
According to DeFiLlama data, the Ethereum blockchain has a total value locked at $59 billion, while Solana has $8 billion.
Peanut the Squirrel reached a $2 billion market cap days after launching – so imagine what a Pepe Pump Pad token could do with Etheruem’s heightened liquidity.
Pepe Unchained’s future looks bright, and market participants can join the journey by contributing to the presale.
To get started, visit the Pepe Unchained website, connect your wallet, and choose the amount of $PEPU you want to buy and the crypto you want to pay with.
Investors will receive their tokens when the presale ends in 22 days. After that, $PEPU will be listed on tier-1 exchanges.
The project has been audited by Coinsult and Solid Proof, and on Wednesday, it revealed an additional audit on its layer 2 blockchain.
Follow Pepe Unchained on X or join its Telegram for updates. Alternatively, visit its website to buy and stake tokens.
#PressRelease [Source: Coinpedia]