The flurry of investments into Pepe Unchained (PEPU) isn’t slowing down.
After hitting the $20 million milestone on Thursday, the PEPU presale has added another $500k to the tally in just over 24 hours, bringing the total early investments to over $20.5 million.
Both whales and retail investors are in the grips of the ongoing Pepe Unchained hype, with sidelined investors rushing to buy the meme coin at its discounted price.
With the meme coin supercycle on the horizon, prominent crypto influencers are including PEPU in their lists of the best meme coins to buy.
Major Developments In The Pepe Unchained Ecosystem - Developer Grants Application Open, New Sneak Peek Video
Pepe Unchained is set to introduce the latest evolution in frog meme coins.
After the success of Pepe and copycat tokens like PepeCoin and Apu Apustaja, PEPU - a low-cap, utility-driven meme coin - is poised for outsized growth as well.
However, Pepe Unchained isn’t just a pump-and-dump token. Instead, it has drawn inspiration from Floki and is offering additional value to holders to incentivise long-term investments. For instance, the project is developing its own Layer-2 ecosystem, capitalizing on the pressing consumer need to tackle the high congestion on the Ethereum blockchain.
Indeed, Ethereum is losing out on mindshare to Solana and newer chains like Sui, especially when it comes to meme coins. New ERC-20 meme coins see meager retail investment, owing to the high trading costs and poor network throughput on Ethereum.
On the contrary, Pepe Unchained’s L2 ecosystem - designed specifically for meme coin trading - is supposedly 100x faster than Ethereum and offers extremely low trading costs.
To further improve the user experience on the chain, the developer team has also designed an ETH-PEPU bridge, custom DEX, a dedicated block explorer and advanced analytics.
See these features at work in the latest sneak peek video below.
Part of what makes Pepe Unchained so powerful is that we're not just a meme coin. We're rolling out an entire ecosystem, that, along with the help of builders, and our community, will thrive. pic.twitter.com/ZhW4INQrev
— Pepe Unchained (@pepe_unchained) October 16, 2024
Meanwhile, applications are now open for the Pepe Frens With Benefits Developer Grant Program. The development team is looking to onboard “elite builders” who will develop the next big meme coins on Pepe Unchained’s L2 chain.
The application process is extremely straightforward and applicants will receive regular updates via email. Click to apply here. Interested participants can also check out the official Pepe Unchained X account for more updates.
Is PEPU A Safe Investment?
Early investment in new meme coins comes with its share of security concerns. However, the developer team behind the project is hard to work to alleviate all such concerns and win the trust of smart money investors.
It is not without any reason that it has already raised over $20.5 million in presale funding.
For instance, the Pepe Unchained smart contract has been audited multiple times - first by Coinsult and again by Solid Proof. The audits did not find any vulnerability that could compromise client investments.
Moreover, the contract ownership has been renounced and the owner cannot set new buy/sell fees, blacklist addresses, pause trading or honey pot investors.
Additionally, Pepe Unchained is offering several in-demand utilities to incentivize long-term holding, which reduces the likelihood of pump-and-dump price action. Aside from its L2 ecosystem, Pepe Unchained has its own staking protocol, which is currently offering a reward rate of over 100%.
Finally, PEPU has sound tokenomics, which reduces the risk of any rug-pull. 70% of the token supply is reserved for investors - 40% to be distributed during the presale and 30% as staking rewards.
The remaining 30% of the supply will be used for marketing, exchange utility, L2 chain inventory and project development.
Check out the Pepe Unchained whitepaper for more info.
Is Pepe Unchained The Best Meme Coin To Buy Now?
Pepe Unchained is ticking all the right boxes that make it a high-potential meme coin.
It is already in high demand, having raised more than $20.5 million during its presale behind heavy whale investments. One deep-pocketed investor purchased $200k worth of PEPU in one transaction.
Earlier this month, a whale swapped $58k worth of ETH for Pepe Unchained.
It is therefore no surprise that prominent crypto influencers are including PEPU in their lists of best meme coins to buy.
With the meme coin supercycle right around the corner, sidelined investors can buy this high-potential token with just a few clicks, using the over-the-counter widget on the presale website.
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
