Despite the recent downturn in crypto prices, big investors, or crypto whales, are actively buying tokens at discounted rates.
While Bitcoin remains a popular choice, whales are also showing significant interest in the new meme coin, Pepe Unchained, while the project is still in presale, due to its potential for 100x returns.
Its Layer 2 blockchain, which provides faster and cheaper transactions, positions it strongly against the original Pepe (PEPE) for the title of top frog-themed meme coin.
Whale activity fuels Pepe Unchained ICO as it Breaks $12 million mark
Pepe Unchained (PEPU) is set to become a major player in the market upon its release. The current presale stands out as one of the most successful available to traders.
In the past 48 hours alone, the Pepe Unchained presale has sold over $400,000 worth of $PEPU tokens. Notably, $85,000 of this total came from just two crypto wallets.
One wallet purchased $PEPU tokens worth approximately $56,000 using 23.4 ETH, while another bought $PEPU tokens valued around $25,000 with 10.8 ETH.
Although this isn’t the first instance of major investments in Pepe Unchained—previously, a single wallet invested $200,000 in July—whales have been unusually active this week despite the bearish market conditions.
Boom! $12M raised!
Pepe Unchained is crushing milestones and gearing up for the next big leap 🐸💪 pic.twitter.com/Cr2MI0CESp
— Pepe Unchained (@pepe_unchained) September 5, 2024
The Pepe Unchained presale has now raised $12 million, positioning it as one of the standout new tokens of the year. Meme coin traders eagerly anticipate $PEPU’s exchange listing and a potential price surge.
As the presale gains momentum, more whales are expected to invest in $PEPU. Currently, the Pepe Unchained presale offers $PEPU tokens at a discounted price of $0.0095362. This opportunity won’t last long, with the next price increase in less than 2 days.
Consider taking advantage of the opportunity to follow the whales and potentially benefit from the upcoming launch of $PEPU.
Pepe Unchained: New layer-2 blockchain and double staking features
Ethereum, a key player in DeFi, faces scalability issues that hinder its adoption. As the network becomes busier, users often deal with slow transaction speeds and high gas fees, making even basic tasks expensive.
Ethereum struggles to process more than 15-20 transactions per second during peak times, leading to frustrating delays. Pepe Unchained has drawn attention from crypto whales by addressing this problem with a unique solution: an Ethereum Layer-2 blockchain designed specifically for meme coin trading.
Pepe Unchained’s new network is themed around the popular Pepe meme, which helped the original $PEPE token become the third-largest meme coin by market cap. The new Pepe Unchained blockchain promises to be 100x faster than Ethereum’s mainnet, facilitating faster and cheaper transactions for $PEPU.
Additionally, $PEPU can be easily bridged to $ETH. These features make Pepe Unchained an attractive option for meme coin development and trading. Analysts believe it could rival Solana as the main hub for meme coins.
Whales have recognized the potential shift and are eager to invest early. Besides its Layer-2 solution, Pepe Unchained offers a “double staking” protocol that excites early investors. This protocol currently offers annual percentage yields (APYs) of up to 168%. Even before the official launch, investors have staked over 954 million $PEPU tokens.
The project aims to promote long-term holding and reduce sell-offs. Pepe Unchained also leverages meme culture with its Pepe the Frog branding, featuring a fun mascot that appeals to retail investors. This playful approach has helped the project build a solid following.
For instance, Pepe Unchained’s Twitter account boasts over 12,500 followers. Investors concerned about security can find peace of mind with the project’s transparency. Coinsult and SolidProof have audited Pepe Unchained, and these audits are readily accessible on its website.
To participate in the $PEPU token presale, go to pepeunchained.com.
Related
- 3 Best Meme Coins to Buy in September – Pepe Unchained, Crypto All-Stars, and Shiba Shootout
- Kraken’s Bullish News To Fuel Meme Coin Rally – Is Pepe Unchained The Next Crypto to Explode?
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