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The Pepe Unchained presale has raised over $11.8 million in the past seven days, putting the meme coin on track to raise nearly $80 million by its Dec. 13 market debut, fueled by a FOMO frenzy ahead of tier-1 exchange listings.
Between Nov. 11 and Nov. 19, investors socked $11,856,505.74 into the token’s blockbuster initial coin offering (ICO), one of the most successful of all time. The average daily investment for this period is over $1.69 million and PEPU has today soared past $40.3 million in funds raised.
If Pepe Unchained’s presale continues accumulating capital at the same pace, the meme coin could make its Dec. 13 market debut having raised close to $80 million. The chances of the token keeping its ICO momentum going look good given the spike in whale activity in the last few days.
Speculation Over Possible Coinbase, Binance Listings Send Pepe Unchained Investor Frenzy Into Overdrive
Pepe Unchained’s presale started to really gain momentum following the team’s announcement that the token will be listed on multiple tier-1 crypto exchange platforms.
This has led to investors speculating whether Binance or Coinbase, or both, will welcome the new meme coin to their platforms given its pre-launch success so far.
🐸INCREDIBLE!🐸$PEPU just crossed a massive milestone! 40M!!🎉💚
It was only 2 days ago we celebrated 35M and there's no sign of slowing down! 💚🐸
Don't miss out on your chance to get in by grabbing your chunk of the presale here: https://t.co/onpYoXlnyG pic.twitter.com/E2kr5sKxYf
— Pepe Unchained (@pepe_unchained) November 20, 2024
A listing on either of these exchanges could lead to a surge in PEPU’s price once it enters the open market. Just last week, Pepe (PEPE) saw its price skyrocket after the third largest meme coin by market cap scored listings on Coinbase, the leading US crypto exchange, and Robinhood.
Elevating The Pepe Brand To New Heights In The Crypto Market
Pepe Unchained is a layer-2 project that aims to take over the Pepe brand in the crypto space and free it from the clunky and congested Ethereum mainnet.
To achieve this, the project will migrate Pepe to its own blockchain network. This will not only unlock a 100-fold increase in transaction speeds for the meme’s followers, but will also slash network fees.
Pepe Unchained L2 Sneak Peek!
What we're building is not just a new chain, but an entire ecosystem.
🐸Pepe Unchained L2
🐸Block Explorer
🐸DEX
🐸Bridge
🐸Advanced Analytics
🐸Builder GrantsPepe Unchained is coming. And it's going to shake up the crypto space. pic.twitter.com/ZVnvgO6MGF
— Pepe Unchained (@pepe_unchained) September 26, 2024
In addition to its layer-2 capabilities, the project will also facilitate the creation of the next generation of decentralized applications that could make their way to the Pepe Unchained ecosystem.
Recently, Pepe Unchained launched a developer grant program to provide coders the necessary financial backing to build on its native blockchain.
Pepe Unchained also unveiled its token launchpad in the last few days as well, which it will compete directly with Solana’s Pump.fun platform. This should establish and cement Pepe Unchained’s dominance in the burgeoning meme coin space.
Several experts are bullish on PEPU due to its meme coin appeal, layer-2 chain and the wave of applications that will soon enter the project’s ecosystem.
An analyst from the 99Bitcoins YouTube channel, which has over 706K subscribers, says PEPU could turn a $1K investment into $10K after it launches. If the token replicates Pepe’s current 36,993% surge from its all-time low, the gains would, of course, be astronomically higher.
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