Pepe Unchained ($PEPU) has raised $21 million in its presale, coinciding with meme coins reaching a combined market value of $60 billion. A whale made a $50,000 investment, adding further momentum to this rapidly growing project.
Pepe Unchained ($PEPU) reached a major milestone by raising over $21 million in its presale. This comes at a time when the overall meme coin market hit a collective valuation of $60 billion. The momentum around Pepe Unchained continues to grow, with over $1.2 million in new contributions pouring in over the past four days.
As interest in Pepe Unchained climbs, the project is poised to surpass $22 million in its presale soon. The excitement follows the announcement of grant applications for its forthcoming Layer-2 (L2) blockchain, which has caught the attention of the crypto community.
The broader cryptocurrency market has seen a dramatic turnaround, with significant growth across the board. Pepe Unchained is capitalizing on this momentum, pulling in even more investors as it moves forward with its presale.
Currently, investors can buy $PEPU tokens at $0.0112, but the price will soon increase to $0.0115 once the next stage of the presale begins. Since the start of the presale, the token’s price has risen by 40%, and the upcoming round is expected to bring a further price hike of 3.75%.
Crypto Market Soars: USDT and APE Lead the Charge as Pepe Unchained Prepares for Its Own Blockchain
The cryptocurrency market’s total capitalization has surged to $2.36 trillion, with Tether ($USDT) playing a key role, reaching a valuation of $120 billion on Sunday. This signals the end of a seven-month downtrend for stablecoins as investors load up on Tether to re-enter the broader crypto market.
Excitement continues to build as Bitcoin ($BTC) approaches new all-time highs, driven by what many are calling the “Uptober” rally. For the first time since July, market sentiment has shifted back to greed, according to data from CoinMarketCap.
In addition, ApeCoin ($APE) has been a standout performer, experiencing a massive 107% increase over the past week. From its lowest point this year, ApeCoin has climbed by 200%, reaching a $1.5 billion market cap. This surge is largely attributed to the launch of ApeChain, a dedicated blockchain for NFTs, trading, and decentralized apps.
In the meme coin sector, Pepe Unchained has emerged as a key player. Similar to ApeCoin, Pepe Unchained is developing its own blockchain, set to enhance meme coin trading through its Layer-2 solution. In just four months, the project has achieved remarkable growth, with its latest fundraising milestone coinciding with the sector’s $60 billion market cap, fueled by both a growing community and large-scale whale investments.
Whale Activity Propels Pepe Unchained to New Heights
Whales have been making significant moves into Pepe Unchained, further driving its presale momentum. Earlier this month, one whale purchased 5 million $PEPU tokens for approximately $50,000, while several other whale investments, each exceeding $50,000, were made in September.
This influx of capital indicates that experienced investors are backing Pepe Unchained, a sign of confidence in the project’s long-term potential. Whales are typically institutional investors or individuals with deep insights into market trends, so their participation is often seen as a positive indicator.
On Monday, another whale converted $53,563 worth of Ethereum into 4.6 million $PEPU tokens, highlighting continued interest from large-scale investors.
The rapid growth of Pepe Unchained’s community further reflects its rising popularity. The token now has 51,100 followers on X (formerly Twitter), just 17,100 shy of reaching the follower count of its predecessor, PepeCoin ($PEPECOIN). For a project still in its presale phase, the combination of substantial whale investments and a rapidly expanding community suggests that Pepe Unchained’s potential is just beginning to unfold.
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Pepe Unchained’s Developer Grants Open to Innovative Ideas
One of the key factors driving investor interest in Pepe Unchained is its announcement of an upcoming Layer-2 network. The project has now launched a section on its website dedicated to accepting applications for developer grants, which were initially announced last month. These grants aim to attract innovative projects that can leverage Pepe Unchained’s blockchain.
To apply, developers simply need to fill out a form on the Pepe Unchained website. After submission, applicants will receive confirmation emails, and the Pepe Council will regularly review submissions to determine which projects are eligible for grants.
This move has sparked even more interest in the project, especially among developers looking to build on a new Layer-2 blockchain specifically designed for meme coins.
Crypto analyst ClayBro recently highlighted Pepe Unchained’s developer grants in a video, noting that the project could soon become a leading player in the meme coin space once the Layer-2 network is fully operational.
Pepe Unchained Continues to Gain Traction with $21M Raised
Pepe Unchained is clearly on a path to becoming one of the major players in the meme coin sector. With over $21 million raised in its presale, significant whale participation, and an ever-growing community, the project is poised for further success. Its unique Layer-2 solution for meme coins and the developer grants it offers are helping to build a robust ecosystem that could significantly impact the crypto landscape.
For those looking to get involved, Pepe Unchained’s presale still offers an opportunity to acquire $PEPU tokens before prices rise further. The project’s strong foundation, security audits, and growing support suggest that Pepe Unchained is a token to watch closely as it moves toward its official launch.
To scoop up some $PEPU, visit the project’s official website, connect your wallet such as Best Wallet and acquire your $PEPU using ETH, USDT, or BNB. Credit card payments are also accepted.
