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Frog meme coins are back in the spotlight, especially with Pepe’s Coinbase and Robinhood listings.
A low-cap alternative to Pepe – Pepe Unchained (PEPU) – also continues to see robust demand in its ongoing ICO, having already raised over $31 million.
With smart money investors frantically chasing the next 100x meme coin, the PEPU presale is raking in over $1 million daily in fundraising. The fact that the presale is set to end in less than 4 weeks and the token will launch on Tier-1 exchanges is also adding to the FOMO.
HUGE ANNOUNCEMENT!
In exactly 30 days, I repeat 30 DAYS! The presale for Pepe Unchained ends.
This is your LAST CHANCE to grab $PEPU before it hits Major exchanges!
Buy $PEPU in presale here: https://t.co/onpYoXlnyG pic.twitter.com/UtM95mrAvM
Pepe Unchained – The Hottest Presale of 2024?
Even in the current wave of meme coin mania, it’s uncommon for new projects to achieve the stellar presale success that Pepe Unchained has demonstrated.
The PEPU ICO has already raised over $31 million and surpassed 100,000 transactions, with over 27 days still remaining in the presale. By comparison, First Neiro On Ethereum and Act I: The Prophecy had $15 million and $20 million valuations at the time of their Binance listings.
As previously stated, the meme coin is now adding over $1 million to its presale figures. If the trend continues, it is on track to raise nearly $60 million in its Initial Coin Offering.
It’s worth noting that whales and smart money investors account for a substantial share of the early buyers. For instance, one whale has purchased nearly $320k worth of PEPU in 4 separate transactions. This trader swapped over $48k worth of ETH for the meme coin just this week.
Buys ranging anywhere between $30k and $50k are common daily occurrences for Pepe Unchained, data from Etherscan reveals.
It is clear from their conviction that whales believe PEPU to be a high-potential meme coin, with some large influencers even calling it the next 100x meme coin.
A Meme Coin With Strong Fundamentals
The meme coin supercycle offers enough opportunities for small-scale investors to become millionaires. However, it does pose a key challenge – with so many low-quality tokens available in the market, which meme coins to buy?
In this regard, Pepe Unchained has taken several strong steps to separate itself from the crowd of run-of-the-mill coins.
For one, it is a high-utility meme coin and doesn’t just rely on the Pepe brand for its growth. With a slogan of “Pepe now has its own blockchain”, the project is launching a cutting-edge Layer-2 scaling solution on Ethereum, designed solely for meme coin trading.
Ethereum’s poor network throughput and high congestion mean that the blockchain is losing considerable market share to scalable chains like Solana, particularly in the meme coin sector. However, Pepe Unchained’s L2 chain will allow Ethereum meme coins to also offer extremely low trading costs, instant transactions and custom tools like DEX, block explorer and advanced analytics, the ideal formula for attractive retail investors.
Pepe Unchained L2 Sneak Peek!
What we're building is not just a new chain, but an entire ecosystem.Pepe Unchained L2Block ExplorerDEXBridgeAdvanced AnalyticsBuilder Grants
Pepe Unchained is coming. And it's going to shake up the crypto space. pic.twitter.com/ZVnvgO6MGF
Moreover, Pepe Unchained has launched a direct competitor to Solana’s Pump.fun with its own two-click meme coin launchpad, Pepe’s Pump Pad.
Pump.fun has already delivered many billion-dollar meme coins like Peanut The Squirrel and Goatseus Maximus, with Moo Deng appearing poised to join the list soon. However, Ethereum has a much larger user base as compared to Solana and Pepe’s Pump Pad can now offer them low-cost, high-quality meme coins to trade.
Pepe's Pump Pad is built directly on Pepe Unchained L2, which allows for low fees and fast transaction–the hallmark of a good meme coin launchpad–for the Ethereum Network.
— Pepe Unchained (@pepe_unchained) November 6, 2024Builders no longer need coding skills or a developer team to launch meme coins on Ethereum. They can now bring their creative ideas to reality with just two clicks on Pepe’s Pump Pad. They can even apply for developer grants here.
Furthermore, Pepe Unchained has community-centric tokenomics, multiple security audits, active and popular social media accounts and a transparent roadmap. With such strong fundamentals, it is no surprise that it is drawing Binance and Coinbase rumours, while smart money investors are calling it the next 100x meme coin.
Is PEPU The Next Big Meme Coin?
Prominent crypto influencers like Murad Mehmudov and Ansem believe that the meme coin market is still in the early stages of the supercycle.
With a pro-crypto administration in the United States, the Federal Reserve’s monetary easing and Elon Musk’s growing influence, they expect several meme coins to reach the $100 billion mark in 2025 and 2026.
Prominent crypto influencers like ClayBro believe that a high-potential project like Pepe Unchained could potentially be the next big meme coin.
Popular crypto YouTube channels like 99Bitcoins, which has over 700k subscribers, also agree with this projection.
Interested buyers can visit the Pepe Unchained presale website, use the over-the-counter widget and buy the meme coin with just a few clicks. However, they must hurry – the presale counter ends in mid December, on the 13th.
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