Pepe Unchained $PEPU Presale Hurtles Past $9 Million Amidst Feverish $PEPE and Layer 2 Activity
Pepe Unchained ($PEPU) has smashed past $9 million funds raised in its blistering new presale, only six days after hitting $8 million.
Week on week, investors have been flocking into the new Pepe token, which runs on its own proprietary Layer 2 chain on Ethereum.
Between the presale’s rapid $8 million and $9 million milestones, one mysterious whale recently put $3.13 million on Pepe ($PEPE) during the dip, splitting it into two transactions.
In a parallel development this week, there was a bustling surge of activity around Ethereum Layer 2 solutions.
Coinbase’s proprietary Base chain hit 3.6 million transactions on Monday. On Tuesday, all Layer 2 protocols collectively handled 12.44 million transactions. This demonstrates the clear growing use of scaling solutions.
Timely Pepe fever, alongside the burgeoning Layer 2 activity, are causing several prominent Web3 influencers to buy and tout $PEPU, including Austin Hilton with 273,000 subscribers.
Ongoing Pepe fever is likely to propel Pepe Unchained to $10 million right before the second-month anniversary of its presale after the weekend.
Those who buy in now get $PEPU at $0.00909010, the lowest remaining price for the remainder of its presale.
Meme coin fans love $PEPU for its staking rewards of over 218% APY, alongside lower fees and 100x faster speeds for anyone transacting with $PEPU compared to leading ERC-20 meme coin competitors.
The token’s likely listing on exchanges after the ICO could attract rivers of new funds, so for those who are curious, there may never be a better time to buy in. An initial investment of $100 bags just over $11,000 $PEPU tokens.
The original Pepe (ticker: $PEPE) is the third-biggest meme coin in crypto with a market cap of $3 billion.
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