Instantly, Pepe Unchained (PEPU) has emerged as the foremost crypto investment as its presale has risen to $17.5 million because of huge whale pumping. This Layer 2 project, based on Pepe the Frog, has higher transaction throughput, happening at a faster speed for lower fees, and comes with features that are custom-made with meme coin traders in mind, especially in the decentralized finance industry.
Some crypto influencers and traders are very bullish about this token, suggesting that it is a potential meme coin that could join the ranks of the rest in the market.
Pepe Unchained Presale Soars Over $17M as Whales Dive In
There has been a lot of interest in Pepe Unchained recently. The number of tokens sold in presale is more than $17 million and increased up to $17.5 million at the moment of writing. At the current presale stage, investors can purchase $PEPU tokens at a fixed price of $0.00992.
The diverse purchase options include Ethereum, Tether, Binance, or credit/debit cards, so the project will be fully open to a wide clientele. To date, there is no stated closure of the presale, but excitement still remains high for token claim and integration into Decentralized Exchanges (DEX) besides the recent massive buyouts.
Whale Activity Signals Strong Potential for Pepe Unchained
Since the ICO launch, whales have been thronging Pepe Unchained in their numbers. On September 27, one big whale bought 5.2 million $PEPU (about $5100) to supercharge the presale totaling $16 million.
This came after other massive whale transactions, including a $56,000 purchase on September 9, and another investment of around $25,000 in $PEPU. More recently, on October 3, the user known as the ‘whale’ traded 21.75 ETH for $PEPU during the overall crypto market crash. Whale participation during such levels suggests increased optimism about the project’s prospects.
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That is why whales are staking $PEPU from the Pepe Unchained community, thus positioning the meme coin as one that could compete with other platforms. The white paper of the project states that $PEPU will be listed on a DEX at the beginning of the ICO, and depending on the progress of the project, listing on a CEX can also be conducted.
Why Pepe Unchained Is the Top Crypto to Watch in 2024
Pepe Unchained is not a story of just presale hype and whale-baring investments. On the technological backing of the project, it solves the scaling issue of Ethereum through a Layer 2 solution called Pepe Chain. This infrastructure is designed to offer transaction rates 100 times higher than Ethereum and lower costs at the same time while maintaining compatibility with the Ethereum environment.
Also, the team of Pepe Unchained is launching Pepe Frens With Benefits, a developer proposal in which the Pepe developers allow creators to present project ideas to the Pepe Council, which decides on the projects. Pepe will need to approve applications for grants, and the best uses of these grants will work on projects that help set up extended development in the Pepe ecosystem in the long run.
There is a lot of breathing room for the developers, and their grant submissions are expected to open in Q4 of 2024. Unlike other tokens, developers can use the opted infrastructure to start constructing unique decentralized applications (dApps) and other blockchain solutions through Pepe Chain.
Attractive Staking Options and Security Measures
One of the most striking features is the double staking protocol of Pepe Unchained – at the time of writing, it offers a 123% APY, while the industry average is significantly lower. $PEPU tokens pertaining to presale investors can be staked, and to date, over 1.2 billion tokens are held by the community. Even this staking opportunity has stirred massive engagement from the users of Pepe Unchained’s Twitter and Telegram.
Safety is still a top concern for the people at Pepe Unchained. The $PEPU token has been audited by Coinsult and SolidProof, both of which have not found any vulnerabilities in the token’s code to warrant worry among investors.
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