Home Bitcoin Price Nears ATH as This Layer 2 ICO Reaches $23.7M – Invest in $PEPU Before Election Day

Bitcoin Price Nears ATH as This Layer 2 ICO Reaches $23.7M – Invest in $PEPU Before Election Day

Bitcoin (BTC) has rallied strongly this week, nearing another all-time high as the U.S. election season heats up. Could Pepe Unchained be the next cryptocurrency to explode?

Historically, presidential elections have often led to significant volatility in the crypto market. With Bitcoin recently hitting nearly a new all-time high and the U.S. elections approaching, this could be a prime opportunity for Pepe Unchained to experience a surge in value.

Here’s why early investors might want to consider adding Pepe Unchained to their portfolios before November 5th.

As Trump gains in polls, could bitcoin and meme coins soar next?

A recent Wall Street Journal poll showed former President Donald Trump leading Vice President Kamala Harris. As the November 5 Election Day nears, this lead suggests growing support from his backers, especially on issues like immigration reform, which Trump discussed at a rally in New York.

The crypto community is optimistic about a Trump win, with betting platforms like Polymarket favoring him. Recent meme projects have also gained support, tapping into the election excitement. Many believe that if Trump wins, it could be the push Bitcoin needs to beat its previous high of $73,750.

If Bitcoin keeps rising and even approaches $80,000 this year, interest in altcoins could grow as investors seek to diversify. In this environment, Pepe Unchained might gain attention as a promising option, especially with excitement brewing for a potential meme coin bull market.

Pepe Unchained Layer 2 ICO raises $2.7M

October has been a strong month for crypto, with Bitcoin nearing $80K and many altcoins making big gains. Yet, the meme coin sector continues to stand out.

Pepe Unchained proves this by raising an impressive $23.7 million. In one record-setting day last week, it attracted almost $1 million in investments. This surge comes from its goal of creating a meme coin-focused blockchain on Ethereum.

From the start of its presale, Pepe Unchained has drawn large investments. In July, one investor bought $200K worth of $PEPU in a single transaction. Just last week, another whale exchanged almost 20 ETH, valued at $52K, for more than 4.6 million $PEPU coins.

These are just examples of a growing trend, as both large investors and retail buyers see Pepe Unchained as a top crypto choice. This level of retail interest is rare for new meme coins that aren’t yet listed on major exchanges.

It’s not only meme coin fans investing in Pepe Unchained—smart money investors recognize its value too. As Election Day gets closer, $PEPU could attract even more interest from crypto fans looking to jump on the next big meme coin opportunity.

Currently, investors can buy $PEPU in the presale for $0.01199 each. Users can easily join the presale with a crypto wallet holding ETH, BNB, or USDT, or even with a bank card.

The project’s Twitter page has more than 48,000 followers, and the official Telegram channel has over 11,000 subscribers.

Why Pepe Unchained might be the next crypto to explode

Pepe Unchained will be the first to create a dedicated space for meme coins and related projects, fueling its successful presale. Let’s dive into what it offers.

Ethereum offers top benefits like liquidity, decentralization, and market-leading security, but it falls short in transaction speed and cost. Pepe Unchained is taking on this challenge directly. It’s building a network on Ethereum that’s expected to be 100x faster and much cheaper.

Imagine a scalable, meme coin-themed blockchain with Ethereum’s liquidity, decentralization, and security—a concept many investors see as a clear win. Pepe Chain will feature an Ethereum bridge, a block explorer, a DEX, and more.

The Pepe Chain is set to launch in Q4, and the project just introduced a new developer grants program. This program will pay developers to create meme coins and meme-themed apps on the network, helping to build a strong ecosystem from day one.

Interested developers can apply using a simple form on the website, and the Pepe Council reviews applications regularly. For investors, this shows Pepe Unchained’s serious commitment to becoming the go-to platform for meme coins. This unique approach raises the question of how far it can go.

Pepe Unchained Staking Protocol

In addition, the Pepe Unchained staking protocol offers high yields, currently rewarding stakers at a rate of 98%—a strong incentive. But could the token see explosive growth and follow in Bitcoin’s footsteps?

With Bitcoin possibly approaching $100,000, Pepe Unchained could capture even more interest. Analysts at 99Bitcoins suggest it might offer a potential 50x to 100x return.

Although speculative, these predictions point to the strong interest in the project. If Pepe Unchained keeps this momentum after listing, it could become a major player in the Layer-2 space.

To participate in the $PEPU token presale, go to pepeunchained.com.

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The ReadWrite Editorial policy involves closely monitoring the tech industry for major developments, new product launches, AI breakthroughs, video game releases and other newsworthy events. Editors assign relevant stories to staff writers or freelance contributors with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

Alvin Hemedez
Crypto Writer

Alvin Hemedez is a cryptocurrency analyst, finding a talent for the technical side of blockchain with his background and degree in Industrial Engineering. Hailing from Los Baños, Calabarzon in the Philippines, Alvin's work experience includes managing the eCommerce side of Shopee PH, Singapore and South East Asia's equivalent of Amazon with a base in the Philippines. Alvin's current news coverage on ReadWrite includes a special focus on emerging projects and new ICOs.

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