Pepe Unchained emerges as a favorite among investors and analysts as its presale raise exceeds $65 million.
The project is attracting industry-wide attention for its unique approach to innovation amidst what might have been the most successful meme coin ICO ever.
Pepe Unchained ($PEPU) would utilize an Ethereum layer 2 blockchain for meme coins. It will cut costs and increase speeds compared to the Ethereum main network.
The “Pepe Chain” will launch once the presale is over in ten days.
Investors face their last opportunity to buy this trending meme coin before it goes live and potentially soars in price.
Pepe now has his own blockchain
One of the things drawing investors to Pepe Unchained is its careful balance between innovation and playful memetics.
It draws on the virality of Pepe coin while simultaneously ushering in a game-changing product. This two-pronged approach appeals to both utility-focused investors and meme coin fanatics.
Pepe has been amongst the top-performing meme coins since its 2023 launch, rising to a whopping $8 billion market cap at the time of writing.
And its allure continues to balloon. The Pepe team just posted a meme about the “Pepecryptocurrency” subreddit after it was revealed that the community is planning a mass buying event to pump up the Pepe price this week.
r/Pepecryptocurrency pic.twitter.com/MAQ23H4SHr
— Pepe (@pepecoineth) December 3, 2024
Yet, due to the virality surrounding Pepe coin, Pepe Unchained is already overtaking – even before it is listed on the open market.
For instance, the Pepe Unchained team recently highlighted that Google search volume for “Pepe Unchained” surpassed that of “Pepe coin” in Germany this week.
There is a new king in town. pic.twitter.com/ov0TNSvyFY
— Pepe Unchained (@pepe_unchained) November 29, 2024
With the presale ending and Pepe Chain launching in ten days, this phenomenon will only get stronger looking ahead.
Analyst says Pepe Unchained’s price could explode
Prominent trader Umar Khan expects Pepe Unchained’s exchange debut to be a huge success.
He recently posted a video on the 99Bitcoins YouTube channel, explaining why he thinks the token could explode after listing on exchanges.
The 99Bitcoins YouTube channel has over 700K subscribers, illustrating the positive sentiment surrounding this token even at the highest levels.
Meanwhile, Austin Hilton highlighted on-chain data, which shows a whale invested $263K into the presale in a single transaction recently.
Pepe Unchained is garnering the attention of top industry players. And it’s not just from traders and analysts – leading exchanges are also interested.
$PEPU to list on tier-1 exchange after presale
Pepe Unchained’s website reveals that it will list on a tier-1 exchange once the presale ends.
The team has yet to reveal which exchange $PEPU will list on, but given the attention it is receiving right now, the project is certainly on the radar of every major platform.
A meme coin arms race is unfolding between the industry’s two titans, Coinbase and Binance. Coinbase made the latest move, listing Moo Deng for spot trading after Binance listed it for perpetual futures trading last week.
Analyst Ramsr said this could cause Binance to owe billions to “perps traders” if Coinbase’s spot listing causes the price to explode.
He dubbed this “high-stakes warfare,” which underlines the competitive environment that exchanges operate within as they compete for a bigger market share amid the crypto bull run.
Pepe Unchained brings an army of new deep-pocketed traders to the table, so there is a possibility that these two platforms – alongside others like Robinhood and Crypto.com – will be eyeing it for a potential listing.
With just ten days until the presale ends, prospective investors should act quickly to ensure they don’t miss out.
Users can follow Pepe Unchained on X or join its Telegram for updates. Alternatively, they can visit its website to grab and stake tokens.
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