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Pepe Unchained presale raises $22M, attracting traders eyeing a potential 10x or 100x return with its own blockchain.
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Attention is money in the meme coin sphere, and Pepe Unchained (PEPU) has tons of both.
The project is currently undergoing a presale and has generated a jaw-dropping $22 million in investments.
This comes from traders seeking to get in early on what could be the next 10x or even 100x meme coin.
Yet, it’s no ordinary meme coin – Pepe Unchained will have its own blockchain.
PEPU presale passes $22 million; expert says meme coins to continue outperforming
October has been a positive month for the crypto market, with Bitcoin steadily climbing toward $70K and many altcoins seeing significant gains.
Yet, it’s the meme coin sector that continues to outperform.
Pepe Unchained clearly reflects this, raising a staggering $22 million. In one record-breaking day last week, the project generated almost $1 million in investments.
People are pouring in thanks to its goal of building a meme coin-themed blockchain on Ethereum.
For instance, according to Etherscan data, one deep-pocketed whale invested a whopping $49K in one transaction last week.
It’s not just meme coin degens buying Pepe Unchained – even smart money investors understand its value.
This comes at a time when the meme coin sector is reaching new levels of significance.
Prominent analyst Daan Crypto Trades noted that meme coins have outperformed other narratives “by a mile” over the last month and said the same thing will continue in the months ahead.
Until now, a lot of meme coin trading activity has occurred on generalized layer 1 blockchain like Ethereum, Solana, Base, and Tron.
Pepe Unchained will be an industry first, creating a dedicated home for meme coins and related applications. That’s why the presale is thriving.
The Pepe Chain will lift speeds by 100x compared to Ethereum
For all its benefits of liquidity, decentralization, and market-leading security, it’s no secret that Ethereum falls behind in terms of transactional capabilities.
However, Pepe Unchained is tackling this issue head-on. It’s building a network on top of Ethereum that it estimates will be 100x faster and far cheaper.
Imagine a scalable meme coin-themed blockchain with Ethereum’s liquidity, decentralization, and security. It’s a concept that many investors think is a no-brainer.
The Pepe Chain will come with a dedicated Ethereum bridge, a block explorer, a DEX, and more.
A staking mechanism is also available and currently offers a 101% APY, but this will decrease as the staking pool grows.
Pepe Unchained developer grants are here – huge ecosystem growth expected
With over $22 million raised, the Pepe Unchained team has massive funds at its disposal, and it’s already putting them to work.
The Pepe Chain is expected to launch in Q4, and they’ve just launched a new developer grants program in preparation.
The program will pay developers to launch meme coins and meme coin-themed apps on the network, ensuring a vibrant ecosystem from the start.
For prospective investors, this is crucial information. It underlines that Pepe Unchained is dead serious in its goal of becoming a home for meme coins.
It’s something we’ve never seen before, so how far it can go is anyone’s guess.
However, leading traders have weighed in, and their predictions are exciting.
For instance, KIFS Crypto says it could see between 10x to 100x gains.
Similarly, Jacob Bury says it can 10x in price, while ClayBro suggests it can 100x.
Indeed, there’s a big difference between 10x and 100x returns. So how far Pepe Unchained can go remains to be seen.
Yet one thing is clear: it’s taking all the right steps to become a big name in 2025.
For more information, visit the Pepe Unchained presale website and join the community X and Telegram for the latest updates.
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This article first appeared at crypto.news
