Top meme coins are struggling to gain momentum, but Pepe Unchained continues to demonstrate resilience. A week ago, the Pepe Unchained ($PEPU) team celebrated raising $12 million during their presale—today, that figure has climbed to $13 million. Interest in $PEPU is soaring, but another presale price increase is imminent. Pepe Unchained’s success is attributed to its unique use case as the first meme coin with an Ethereum layer 2 blockchain.
## $PEPU Presale Surges While Other Meme Coins Flatline
The past month has been uneventful for joke tokens. Dogecoin is down 2.3%, Shiba Inu is down 2%, and Pepe is down 10%. Although the sector is expected to recover, current trends reveal that meme coins are not invincible. Despite this, Pepe Unchained is experiencing unprecedented success, averaging $1 million in weekly capital inflows, making it the market’s hottest ICO.
Clay Bro highlighted this in a recent video:
“If you look at Shiba Inu, Dogecoin, or even Pepe, prices are moving lower because they’re experiencing outflows – yet Pepe Unchained is experiencing inflows.”
The analyst continued, “It’s defying all the odds. At a time when everybody is running scared, they’re buying Pepe Unchained.”
## Why is Pepe Unchained Pumping?
Meme coins often thrive on community support and ‘vibes,’ leading to a competitive arena with little value creation. Pepe Unchained, however, offers tangible value with its Ethereum layer 2 blockchain, presenting a fresh opportunity for investors. This blockchain, named “Pepe Chain,” will serve as a launchpad for meme coins and related applications, leveraging technology similar to other popular Ethereum layer 2s like Base, Blast, Arbitrum, and Optimism. The “Pepe Chain” is expected to be 100x faster and much cheaper than the main chain.
Pepe Unchained bridges the gap between advanced technology and everyday investors, who often miss out on early-stage investment opportunities. Additionally, the project pays homage to Pepe, an iconic meme of this cycle. The team’s staking protocol, offering a 157% APY and allocating 30% of $PEPU’s total supply for staking rewards, also incentivizes traders to participate early in the presale.
### $PEPU Price to Gradually Rise in Run-Up to Exchange Listing, Pepe Chain Launch
The current presale price of Pepe Unchained is $0.009651, with incremental price hikes occurring throughout the campaign. New stages have been happening every three days, and the next increase is scheduled for later today. The Pepe Chain will launch at the end of the presale, although details on whether $PEPU’s initial exchange offering (IEO) will be on decentralized or centralized exchanges are still forthcoming.
With significant investor backing, top centralized exchanges might list $PEPU. The project has also passed smart contract audits from Coinsult and Solid Proof, assuring investors of its code’s integrity. For updates, investors can follow Pepe Unchained on its social media channels: Pepe Unchained on X and its official Telegram channel.
Twitter: @pepe_unchained
