Last updated:
Acting editor-in-chief
Gary McFarlane
Acting editor-in-chief
Gary McFarlane
Share
Why Trust Cryptonews
Revolutionary Ethereum Layer 2 platform Pepe Unchained ($PEPU) has the key to unlock PEPE-like gains of 763x after raising $30 million in its ongoing ICO.
Funds are pouring into the project at an accelerating rate of at least $1 million a day, which means Pepe Unchained could be on course to amass more than $50 million from contributors.
Investors are salivating over the prospect of a Pepe with its own blockchain. News that the ecosystem is set to include a pump.fun competitor, Pepe’s Pump Pad, on the bigger Ethereum chain as opposed to Solana, has lit a FOMO fire.
By leveraging its technological prowess, the team at Pepe Unchained is throwing down the gauntlet to the highly successful pump.fun, where users can launch their own meme coins with literally a couple of clicks.
Like pump.fun, Pepe’s Pump Pad will deploy bonding curves. These allow pump.fun users to launch meme coins with an advance of just 0.02 SOL (at the time of writing around $4). If a newly minted token sees sales ramp up then the price will of course rise – the coin lists on Raydium if it commands sufficient liquidity, in the case of pump.fun a market capitalization of $69,000.
Pepe’s Pump Pad could blow pump.fun out of the water because of the advantage of running on its own dedicated blockchain
The exact details of how Pepe’s Pump Pad will work have not been disclosed, but sources in touch with insiders say it will have similar dynamics and is almost ready for prime time. Although Pump Pad will be similar to pump.fun, it will be better – even easier to use and even more rewarding.
Pepe Unchained has the advantage of having its own blockchain, which should enable it to design system efficiencies and incentives that deliver more value for users than seen at pump.fun.
Over at pump.fun, in addition to the launch charge, the platform pockets a 1% transaction fee. It is not known what Pump Pad’s exact economics will be, but it is probably a more competitive offering, at least to begin with.
For those unaware of just how explosive pump.fun’s growth is, there were 11,432,662 transactions across the network in the past 24 hours, for a trading volume valued at $3.68 billion.
Pepe has reached a market valuation of $8.8 billion in a little more than 19 months from a standing start. Since its launch in April last year the price has rocketed 76,331.47% (763x).
With Pump Pad, its own decentralized exchange, a block explorer, development grants and more, $PEPU has a realistic chance of equalling, if not bettering, the price performance of Pepe.
$PEPU market cap is now $102m, whale buys continue…. gigantic tx volume is great for CEXs
At the current ICO price of $0.01283 and its total token supply of 8 billion, the market capitalization of the token is $102 million. Of course, $PEPU is not trading on the open market just yet but the ICO valuation is indicative of price buoyancy when it lists on centralized exchanges.
Looking at the CoinGecko meme coin category rankings, $PEPU’s $102 million market cap thrusts it straight into the top 100, in 68th place. Multiply that market capo by 920x and $PEPU will have a market cap matching $PEPE’s.
Pepe Unchained presale contributors are drawn by the prospect of bagging an investment with the prospect of turning a $1,000 outlay into $700,000.
That’s why the gigantic whale buys just keep coming. Here’s one for $50,000. And in a bullish statement, the buyer also staked their stash:
https://etherscan.io/tx/0x1b41371e330b19959d8378ce5a3fe5004b70629271ef6b5434db343951cf2206
To give you a flavor of the FOMO, one wallet owner has amassed a holding of 100 ETH ($310,000) worth of $PEPU: 0x8067D35B616E3C49c869dC6192c11b6203a4c7e9.
The transaction count of the contributing wallets has mushroomed past 100,000 on both the ETH and BNB chains, signaling to centralized exchanges (CEXs) that this is one to watch. Exchanges like nothing better than rising prices – and that means high trading volumes.
Earlier this week, Coinbase and Robinhood listed Pepe ($PEPE) and the price of the popular token rocketed 73%, providing evidence of the positive impact of a Tier-1 listing on a coin’s price.
The Pepe Unchained team says that Tier-1 CEX listings will follow the completion of the presale on December 13.
Crypto YouTuber Jacob Crypto Bury is predicting the possibility of a 10x pump for $PEPU, citing CEX listings as one of the drivers alongside its attractive business model.
Buy Pepe Unchained today with crypto or card – try out Best Wallet for a slick claim experience
To buy $PEPU, connect your wallet at the Pepe Unchained website and use ETH, USDT, BNB or card payment methods.
And here’s a special tip: if you buy the $PEPU token from within the Best Wallet app, your tokens will appear there before the claim date is announced.
Best Wallet is winning plaudits for its ease of use and added-value features, such as the integration of presale offerings from Pepe Unchained and others, available in the app’s ‘Upcoming Tokens’ section.
Pepe Unchained is run by pros, hence the security audits by Coinsult and SolidProof that show-up no critical issues in the smart contract code.
The project has a vibrant and fast-growing community. Join the X and Telegram socials to keep in touch with the hottest crypto in the presale market as the fundraiser targets $50 million.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
