Home Whale Activity Fuels $12.3 Million Raised for Pepe Unchained Layer 2 ICO

Whale Activity Fuels $12.3 Million Raised for Pepe Unchained Layer 2 ICO

Crypto whales were drawn to Pepe Unchained, pushing its presale past the $12.3 million mark and positioning it as one of the best meme coins to buy in September.

Even though dog-themed tokens dominate the meme coin space, Pepe Unchained quickly caught the eye of degen investors throughout the crypto world.

Let’s take a closer look at why Pepe Unchained is one of the few cryptocurrencies doing well during this bear market.

Massive whale interest drives Pepe Unchained presale

The meme coin market is gearing up for a major rally, and big investors are already positioning themselves. New meme coins are attracting attention due to their low market cap and potential for high returns.

Pepe Unchained (PEPU) is a prime example, raising over $12.3 million in its presale, with crypto whales among the early buyers. Many top crypto traders are calling $PEPU the next big meme coin, thanks to its unique features, Layer-2 blockchain, and strong whale interest.

Whales are positioning themselves for the next bull run, and coins like Pepe Unchained are in high demand. Low-cap projects like this often deliver massive returns, sometimes reaching up to 100x.

The ongoing $PEPU presale is gaining momentum as investors, including whales, continue to buy in. Recently, two whales purchased a total of 34 ETH worth of $PEPU, signaling confidence in its explosive potential.

On-chain data shows one whale bought 23.4 ETH worth of $PEPU, while another traded 10.8 ETH for the token. This demonstrates how smart investors are seizing the presale opportunity, believing $PEPU could be the next big success in the meme coin space.

For those looking to get in early, $PEPU is still available at a discounted price of $0.0095743, and can be bought with ETH, BNB, USDT, or credit/debit cards. To stay updated on the project, follow Pepe Unchained on Tweets by pepe_unchained">X or join its Telegram channel.

What fuels the excitement surrounding Pepe Unchained?

Pepe Unchained’s presale success is generating excitement, especially as it defies the downtrend seen in larger coins.

The high demand isn’t surprising, though. Pepe Unchained stands out as one of the few meme coins set to launch its own Layer-2 blockchain. This feature has caught the attention of many and makes it one of the best cryptos to invest in right now.

Currently, popular meme coins are limited to Ethereum, a Layer-1 chain known for congestion and high gas fees. These issues have hindered the user experience and prevented the meme coin space from reaching its full potential.

Pepe Unchained aims to change that as the first meme coin with its own Layer-2 blockchain. While riding the wave of Pepe’s viral culture, it also solves key problems like reducing transaction costs, offering faster processing, and improving efficiency.

Pepe Unchained Layer 2 Blockchain

The project’s unique backstory further adds to its appeal. It tells the tale of Pepe being stuck in a slow Layer-1 system and eventually breaking free to create a better platform, now known as “Pepe Unchained.”

This makes Pepe Unchained more than just a typical meme coin—it’s a project designed to enhance functionality and solve the scalability issues its investors have faced.

Beyond its Layer-2 benefits, Pepe Unchained also functions as a staking coin, allowing early buyers to stake their tokens in liquidity pools and earn passive rewards. With over 969 million $PEPU tokens already staked, new investors can still take advantage of the current 165% APY.

Additionally, the project’s smart contract has been thoroughly audited by Coinsult and SolidProof, two reputable blockchain security firms. These audits, along with coverage in well-known crypto publications like NewsBTC, Cryptopolitan, and Cointelegraph, have boosted its credibility among potential investors.

Could Pepe Unchained be the next big frog meme coin?

Frog meme coins are currently in high demand, with new entrants aiming to replicate Pepe’s success. Coins like PEIPEI, PONKE, and PEPECOIN have shown notable growth. However, Pepe Unchained stands out due to its unique features: a native blockchain, high staking rewards, and strong tokenomics.

Some analysts predict that $PEPU could become a top alternative to Pepe, potentially offering returns of up to 100x. Experts like ClayBro, Jacob Bury, and Crypto Boy are backing Pepe Unchained, expecting it to become the next big meme coin.

The $PEPU presale is now in its final stages as the launch approaches, leaving a limited time for interested buyers to purchase the coin at its current discounted price.

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

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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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