Pepe Unchained (PEPU) has hit another major milestone, securing $17 million during its presale phase.
This layer-2 project, inspired by Pepe the Frog, aims to boost speeds, lower fees, and offer new DeFi features for memecoin traders.
Pepe Unchained presale gains momentum with early staking rewards
Pepe Unchained has seen a lot of interest recently. The presale’s total hit $17 million yesterday and has increased to $17.1 million in the past few hours. Investors can buy PEPU tokens during the presale at a fixed price of $0.00991.
Pepe Unchained’s team accepts PEPU purchases in ETH, USDT, BNB, or credit/debit cards, making the token accessible to a broad audience.
With the presale’s end date still under wraps, excitement is building for the token claim and eventual DEX listing. This excitement has been heightened further after a large buy was spotted yesterday. According to Etherscan data, one anonymous “whale” purchased 21.75 ETH worth of PEPU - approximately $51,400.
Lastly, there’s even a “double staking” app that’s live during the presale. Presale investors can already stake their PEPU, even before the presale wraps up, with over 1.2 billion tokens locked in.
This staking setup has caught the interest of the crypto community, with anticipation now building on Pepe Unchained’s Twitter and Telegram channels.
The PEPU token has even been ranked second on CoinSniper.net.
Pepe Chain aims to revolutionize memecoins with fast transactions and low fees
Pepe Unchained isn’t just another useless meme project. The team behind it has big plans, with the main one being the launch of a dedicated layer-2 blockchain called Pepe Chain.
According to the project’s white paper, this blockchain, designed explicitly for memecoins, will deliver speeds up to 100 times faster than Ethereum.
But there’s more to Pepe Unchained’s layer-2 than just speed. It will feature a suite of tools, including a block explorer for transaction tracking, a DEX for easy token swapping, an instant bridge to Ethereum, and advanced analytics.
The real excitement comes from the team’s new “Frens with Benefits” program, which will launch before the end of the year and is a playful nod to the famous “Can devs do something?” meme.
It aims to bring blockchain developers on board with grants and rewards on Pepe Unchained’s new layer-2 chain. This will help create an ecosystem of DApps as early as possible. Many community members believe this setup could be huge for memecoins in general.
Tokenomics and security measures build confidence in Pepe Unchained
Pepe Unchained’s tokenomics structure is simple. Of the 8 billion PEPU tokens, 40% are available in the presale. Another 30% is set aside for staking rewards, with the rest allocated for marketing, liquidity, and project development – striking a balance between sustainability and engagement.
Regarding security, Pepe Unchained’s team isn’t taking any chances. They’ve had the PEPU token audited by both Coinsult and SolidProof, who found no issues with the code. These audits set the stage for an official launch after the presale concludes.
Given the interest in layer-2 solutions this year, this upcoming launch is highly anticipated. Over $35 billion in value is now locked in these networks.
And while platforms like Arbitrum, Base, and Optimism lead the way, there’s a clear gap: no chain dedicated to memecoins.
That’s the opening that Pepe Unchained is aiming to fill.
Whether it can do so is anyone’s guess, but with over $17 million raised in presale, it’s clear that many investors are betting on this project’s future.