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Pepe Unchained raises $10.7M in presale, with its new Ethereum layer 2 blockchain drawing bullish analyst attention.
Pepe Unchained (PEPU) is a new presale project shaking up the original Pepe concept with cutting-edge utility. The team is building an Ethereum layer 2 blockchain, dubbed “Pepe Chain.”
Its presale has raised $10.7 million so far, but it hasn’t just got regular investors talking – leading analysts are bullish as well.
Analyst suggests memecoins are “front and center” and reveals he bought PEPU
The analyst started by underscoring the prominence of memecoins in the broader crypto ecosystem, labeling them as “front and center.”
Hilton then turned to Pepe Unchained’s use case as an Ethereum layer 2:
“There’s no other memecoin with a layer 2 out there… this is going to be a big one. I’ve put some money into this and think I’m going to (at least) 2x or 3x my money.”
And unlike other memecoins, it’s not just rag-tag speculation behind Pepe Unchained price predictions. Austin Hilton explained that utility is hard-wired into the Pepe Unchained ecosystem.
Features like staking, a dedicated Ethereum bridge, and a block explorer indicate that the team is not joking around.
The popular YouTuber with 273K subscribers also noted that investors can get started with staking immediately.
Staking launched alongside the presale and is currently providing a 186% APY. However, this will decrease over time, so prospective investors should not wait around.
Pepe Unchained is a “must-have” for memecoin enthusiasts
“Pepe Unchained is setting itself apart from the rest of the market.”
That’s how ClayBro opened a YouTube video about Pepe Unchained this week.
The analyst, who has 130K subscribers, has been a big proponent of Pepe Unchained since its launch.
Not only is he bullish on its use case, but ClayBro can’t believe how much investment is pouring into the presale.
He thinks this is a clear sign of the market’s appetite for PEPU, which will carry over into price gains after it launches on exchanges. ClayBro highlighted that Pepe Unchained raised over $150K in one day recently.
“Guys, a $150K daily inflow would move the price of something like Pepe itself, yet here we are in a tiny little brand new memecoin (Pepe Unchained) – you guys need to check this one out,” he said.
The analyst also looked to predictions from other experts, where the predicted lows were 10x gains in 2024.
“Think about it, guys, where the forecasted low price is a 10x increase from the current level – that is absolutely phenomenal,” he said.
99Bitcoins says Pepe Unchained can 100x after IEO
Forget a 10x – prominent YouTubers like Umar Khan from the 99Bitcoins YouTube channel are saying Pepe Unchained can go much further. 100x gains, to be specific.
Khan highlighted that Pepe has faced adversity recently, yet investors continue to pile into the Pepe Unchained presale.
It’s unknown whether this is due to Pepe Unchained’s added utility or because they’re simply looking for something fresh. Either way, everyone is noticing Pepe Unchained’s rapid growth.
“Pepe is crashing, but we have this new 100x opportunity that might save the day,” said the analyst.
It’s an exciting time for everyone involved in the Pepe Unchained presale. It will be the first Pepe-themed token with a layer 2, and that use case has big potential. Those who have yet to buy the presale still have an opportunity to get in early.
However, the presale price is expected to rise throughout the campaign, so potential investors should act quickly.
For more information, visit the Pepe Unchained presale website or follow the project on Telegram or X.
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This article first appeared at crypto.news
