Pepe Unchained (PEPU) Presale Raises $12M, Gearing Up to Be the Top Meme Coin to Buy Now

The meme coin asset class is gearing up for a blow-off top rally and smart money investors are already preparing for it.

The meme coin hype is refusing to die down, at least not according to several crypto traders. In fact, they believe that meme coins are gearing up for a blow-off top rally and smart money investors are already preparing for it.

Unsurprising, new meme coins are in high demand, owing to their low market capitalization and high upside potential. For instance, Pepe Unchained (PEPU) has raised over $12 million in its presale funding, with several crypto whales among the early buyers.

Boom! $12M raised!

Pepe Unchained is crushing milestones and gearing up for the next big leap ??

There are growing calls from popular crypto traders that PEPU could be one of the best meme coins to buy now, thanks to its unique features, native Layer-2 blockchain and heavy whale interest.

Whales Buy Meme Coins Ahead of Blow-Off Top Rally

The meme coin asset class has seen a steep decline, with its cumulative market cap now standing at $36 billion, data from CoinMarketCap reveals. This is a 40% correction from its $61 billion valuation in April this year.

However, experts highlight that meme coins are nearing their local bottoms and a V-shaped bullish reversal could be imminent.

perfect channel retest on $wif.

nobody is ready for the V reversal thats about to happenhttps://t.co/zHX9WYRMOM pic.twitter.com/zfNKDI85an

In fact, some analysts believe that the local bottom could be in Bitcoin after it traded as low as $55,600 on Thursday.

Unsurprising, whales are quick in their preparation for the upcoming bull run and new meme coins like Pepe Unchained are in high demand. Indeed, low-cap gems often end up offering up to 100x returns due to their low-cap status.

Whales are stacking PEPU, with one recently investing 10.8 ETH – worth over $25k – and another buying $55k worth of the meme coin.

Why Is Pepe Unchained In Such High Demand?

Pepe Unchained’s strong presale funding is creating quite a buzz, considering it is defying the bearish trend adopted by the large caps. The meme coin is even being featured in prominent crypto outlets like Cointelegraph, CoinMarketCap and Techopedia.

However, the strong demand isn’t entirely unexpected. After all, Pepe Unchained is one of the rare meme coins that will launch its own Layer-2 blockchain, which has already turned quite a few heads in the space and makes it one of the best meme coins to buy now.

Pepe is preparing to launch his own Layer 2 blockchain solution soon:

? Instant bridging between ETH and Pepe Chain

? Lowest transaction fees

? 100x faster transaction speeds compared to ETH

? Dedicated Block Explorer

Get ready to join the future with Pepe Unchained! ⛓️? pic.twitter.com/9gxNnddMyq

PEPU’s Layer-2 chain will mean low transaction costs and fast trade executions. In fact, the meme coin is drawing comparisons with the Brett coin, the top token on the Base chain.

More importantly, it means PEPU holders can stake their coins and enjoy high staking rewards. According to the Pepe Unchained staking dashboard, the current reward rate is well over 160%. This is because a substantial 30% of the PEPU token supply has been set aside for the staking rewards.

Indeed, PEPU’s community-centric tokenomics has made it even more attractive. No separate allocations have been made for any private sale or the developer team.

Additionally, a separate 20% of the supply has been reserved for the project’s marketing efforts, ensuring that Pepe Unchained can create maximum visibility and brand awareness among potential investors.

Finally, the developer team behind PEPU is taking strong steps to alleviate all major security concerns that are often associated with new meme coins. The PEPU smart contract has been audited twice by Coinsult and Solid Proof, with neither audit revealing any centralization risks or vulnerabilities.

Read the Pepe Unchained whitepaper to explore more of its unique features.

Is Pepe Unchained The Best Meme Coin To Buy Now?

Frog meme coins are in high demand, with each newcomer trying to replicate Pepe’s success. Indeed, the likes of PeiPei, PONKE and PepeCoin have impressed with their growth.

However, Pepe Unchained’s unique value proposition – native blockchain, high staking rewards and excellent tokenomics – separates it from the copycat crowd.

Some analysts even believe that PEPU could emerge as the top alternative to Pepe and could offer up to 100x returns.

It is therefore no surprise that Pepe Unchained is being backed by experts are one of the best meme coins to buy now.

However, the PEPU presale is

The above is the detailed content of Pepe Unchained (PEPU) Presale Raises $12M, Gearing Up to Be the Top Meme Coin to Buy Now. For more information, please follow other related articles on the PHP Chinese website!