Pepe Unchained is nearing its $27 million pre-sale milestone – could this be the best meme coin investment for 2024?
Bitcoin just reached $81,300 and the rise can mainly be attributed to Donald Trump’s presidential victory.
Major altcoins are following in its footsteps – especially meme coins like Dogecoin and Shiba Inu, which are also making a comeback with double-digit rises, according to CoinGecko.
Pepe Unchained is particularly popular right now in the ICO space, with nearly $27 million raised during its livestream presale.
Want to know more about the success of this token’s presale and its future potential? Let’s break it down below.
Pepe Unchained Surpasses $26.5 Million Presale Milestone – What It Means for Investors
Reaching $26.5 million in pre-sale funds is a notable feat, especially for a new coin like Pepe unleashed. This rapid progress appears to be driven by a mix of investor enthusiasm, staking rewards, and structured tokenomics. It’s so fast that the pre-sale has raised almost $2 million in the last 4 days!
The project’s staking options, in particular, helped attract a diverse pool of investors interested in participating in the pre-sale. Currently, there is an APY of 91%. However, this APY is expected to decrease over time as more users join the staking pool.
Investing in Pepe Unchained is simple: the token can be purchased directly from the official website using ETH, BNB, USDT or even bank cards.
The $PEPU token distribution model plans to distribute 30% of the total supply to staking rewards, while 20% is dedicated to pre-sales and marketing efforts. The remaining part is intended for liquidity, project development and maintaining the Pepe channel.
Investors who are considering investing in this project should also take a look at the official white paper to learn more about this tokenomics model and other features of $PEPU.
Pepe Chain could offer a solution to scalability and transaction bottlenecks
Ethereum is the second-largest cryptocurrency in the world, but it faces limitations such as slow transaction speeds and high fees, which can be frustrating for meme coin traders.
Even if Vitalik Buterin is now looking to increase this transaction speed with a new rollout, it will likely be some time before this change occurs.
Pepe Unchained aims to tackle these issues head-on with its Layer-2 solution, the “Pepe Chain”. This new blockchain solution is designed to offer faster and more affordable transactions compared to what Ethereum currently supports.
The Pepe Chain was designed to reduce network bottlenecks, so users can respond more quickly to market movements without incurring the high costs often associated with Ethereum transactions.
This integration with Ethereum should enable seamless transfers between the two networks, providing more flexibility for $PEPU holders. By reducing fees and increasing transaction speed, Pepe Chain may present an upgrade for meme coin traders who often face delays and high costs on other networks.
The project also publishes “Pepe Frens with Benefits” – Community Oriented Development Grant
In addition to technical advancements, Pepe Unchained is committed to growing its ecosystem through a community-focused grant program called “Pepe Frens with Benefits.”
Launching in the fourth quarter of 2024, this initiative will primarily offer grants to developers interested in creating apps on the Pepe channel.
This initiative could strengthen $PEPU’s infrastructure, as developers create applications that further increase the usability of the project. Also, as we saw with The Polygone initiativesubsidies can also be of great help in increasing the valuation of the token.
Growing community and support from crypto influencers will likely strengthen $PEPU’s momentum
With more than 47,000 Twitter subscribers, $PEPU already has solid traction across social media platforms and is looking to further increase its fan base.
This support is not limited to social media alone: the project has attracted the attention of crypto influencers, including YouTuber. Jacob Burywhich predicts potential gains for $PEPU.
The project’s high-stakes APY encouraged early participation, with over 150 million tokens staked even before the official launch.
After the pre-sale phase, Pepe Unchained plans to obtain listings on decentralized exchanges (DEX), but details on exact listing dates and platforms are still secret.
Pepe Unchained also got second place on CoinSniper.neta platform that ranks upcoming token launches.
The essentials
Pepe Unchained ($PEPU) is poised to become one of the most successful meme coin presales this year with its $26.5 million milestone.
If you are considering entering the meme coin market, Pepe Unchained could be a good entry point due to its community engagement, successful ICO, and solid staking rewards.
This could be a great time to secure $PEPU before its official launch, especially if it ends up generating profits after listing.
This is a sponsored post. The opinions expressed are solely those of the sponsor and readers should conduct due diligence before taking any action based on the information presented in this article.