The memecoin sector has seen substantial development after Pepe Unchained (PEPU) passed the $25 million milestone in its presale. Pepe Unchained also announced its new trading platform, Pump Pad, which draws inspiration from Solana’s Pump.fun.
Pepe Unchained’s presale gains momentum with security audits and community growth
Pepe Unchained is generating serious attention during its presale phase. Investors can buy PEPU tokens for $0.01229 each using ETH, USDT, BNB, or a bank card.
This ease of access is unusual for a presale – contributing to Pepe Unchained’s growing momentum. The development team seems determined to build for the long haul.
According to Pepe Unchained’s whitepaper, 7.5% of the total token supply has been allocated to ensure exchange liquidity and another 10% has been earmarked for marketing endeavors.
Plus, they’ve prioritized security with audits from Coinsult and SolidProof, which were completed before the official launch.
While no end date for the presale has yet been announced, excitement is building on social media.
Pepe Unchained’s Twitter and Telegram communities are particularly active. The project’s Twitter page now has 47,000 followers, while the Telegram channel has just reached 11,500 subscribers.
Many early community members are already looking forward to PEPU’s first DEX listing. Details on this listing remain scarce, but most expect it to be on Uniswap, given that PEPU uses the ERC-20 standard.
The New Pump Pad platform aims to bring memecoin trading to Pepe Unchained’s layer-2
Pepe Unchained announced a significant addition to its ecosystem: the Pump Pad.
This trading platform, which will be built on Pepe Unchained’s layer-2 network, is specifically for creating and trading memecoins.
Launching and trading memecoins becomes simple with Pump Pad, requiring just two clicks.
Plus, thanks to the layer-2 technology, users will enjoy low fees and fast transactions. This setup draws inspiration from the Pump.fun platform on Solana.
Pump.fun has already demonstrated the viability of this model, generating over $173 million in revenue and more than 111,000 active users since January.
However, Pepe Unchained’s Pump Pad will leverage Ethereum’s user base and DeFi infrastructure instead of Solana’s.
It’ll also offer seamless bridging back to the Ethereum mainnet.
Ultimately, using layer 2 technology, Pepe Unchained’s team hopes the Pump Pad will offer a more affordable solution for Ethereum users sidelined by the high gas fees associated with memecoin trading.
Developer grants and staking rewards round out Pepe Unchained’s ecosystem
Pepe Unchained’s ambitions also extend beyond Pump Pad. The project is aiming for long-term growth through various initiatives.
For example, the team recently launched “Frens with Benefits” – a developer grants program designed to expand the layer-2 ecosystem.
Developers can submit grant applications for projects built on the Pepe Chain.
Proposals are voted on by the “Pepe Council.”
PEPU holders can also take advantage of Pepe Unchained’s staking app.
This app currently offers yields of 94% per year, although this figure will decrease as more PEPU tokens are staked.
Pepe Unchained has also attracted the attention of popular crypto YouTubers like Austin Hilton and the 99Bitcoins YouTube channel.
It’s even been ranked second on CoinSniper.net.
These endorsements, combined with Pepe Unchained’s layer-2 utility and new Pump Pad feature, suggest the project could be positioning itself as more than just a memecoin.
That’s why investors watch this project as its presale enters the final stages.