Pepe Unchained ($PEPU) continues to strut its stuff in its ICO after hitting the $18 million milestone early Tuesday.
The new Pepe-themed meme coin just crossed the $17 million mark on October 3, and in less than a week, it raised $1 million more, driven primarily by whale FOMO.
With many developments underway, including a developer grants application set to launch this quarter and a recently posted teaser of its upcoming Layer 2, it’s no wonder this influx of capital has occurred even amid meme coins receiving their fair share of investor attention.
These new updates to Pepe Unchained indicate that its Layer 2 could be nearing completion, suggesting that its fundraising efforts may also be close to concluding.
While there is no official announcement, investors still have an opportunity to buy $PEPU for $0.00994.
However, in less than two days, the price of one $PEPU will jump to $0.00995 in what could be one of the final funding rounds before the ICO concludes.
Meme coins have seen gains lately, but investors are hunting for micro-cap tokens like $NEIRO and $PEPU
Meme coins reached a total collective valuation of $49.33 billion on Monday, per CoinMarketCap data.
While most tokens in the sector have yet to see gains on Tuesday, some have performed exceptionally well. For instance, First Neiro on Ethereum ($NEIRO) soared by 14.95% in the past 24 hours, while SPX6900 ($SPX) surged by 30.96% and Maga ($TRUMP) gained 24.75%.
Despite the sector dropping by 5% as Bitcoin ($BTC) struggled to climb beyond the $64,000 price level, meme coin trading volume reached $7.41 billion, a 27.25% jump in the same timeframe. The Tuesday dip could be a brief pause for these whimsical assets to prepare for a larger breakout in the month ahead.
Top Memes Tokens by Market Capitalization | CoinMarketCap
In fact, the market appears hungry for greater gains than mainstream cryptos like Bitcoin and Ethereum ($ETH) or meme coins such as Dogecoin ($DOGE), Shiba Inu ($SHIB), and even Pepe Unchained’s predecessor, Pepe ($PEPE), can offer.
Investors don’t need to look far for examples of success, such as the stories of the traders who turned millions from their investments in Moo Deng ($MOODENG) and Pochita ($POCHITA). $NEIRO is a perfect example of a token that exemplifies the market’s high return appetite. It has surged from a $15 million market cap to around three-quarters of a billion dollars.
Now, investors are pivoting to the next token they want to take to the promised land: Pepe Unchained.
Pepe Unchained’s presale leaves no room for doubt that it is the next 100x coin
With the amount of investor capital flowing into the Pepe Unchained presale, it is clear that many crypto investors are excited about its potential, particularly in terms of Pepe ownership – namely, faster and cheaper transactions for a Pepe-themed coin.
Moreover, they are also banking on the potential of its Layer 2 solution to create a new ecosystem that can introduce other assets with a distinct Pepe flavor (e.g. meme coins with a greenish touch).
That’s why liquidity is expected to be abundant when it gets listed on an exchange. In addition to its loyal Pepe supporters, millions of investors – who may not necessarily be Boy’s Club fans but are simply waiting for the next micro-cap token they can take to the moon – will also be able to trade $PEPU.
All it takes is a top-tier exchange listing, and Pepe Unchained has indicated on X that it has already been approached several times.
This is precisely why Austin Hilton shared with his 275,000 YouTube subscribers that he is accumulating more Pepe Unchained tokens and has even doubled his initial $10,000 investment.
In fact, it’s not just Austin; a couple of whales joined the presale back in September, and another one scooped up $5 million worth of PEPU last week.
The best front-row seat to massive $PEPU gains is in its presale
If you are among those who have not joined the presale or have not secured enough $PEPU, waiting for $PEPU to get listed could mean missing out on the majority of the token’s potential gains.
It would be similar to investing in $NEIRO now, as the most you could gain is perhaps 30% to 50% in a single day – not a bad ROI, but far from what one could have achieved by securing tokens when the market cap was just $15 million.
Securing $PEPU during its presale gives early investors a front-row seat to potential gains.
The Pepe Unchained hype shows no signs of slowing down. With its current momentum, hitting the $19 million milestone in just a few days could be a walk in the park.
Join that next milestone by visiting the project’s official website, connecting your wallet, and acquiring your $PEPU using ETH, USDT, or BNB. Credit card payments are also accepted.
Pepe Unchained’s smart contract has undergone full audits by Coinsult and SolidProof, verifying that no critical issues were found in its code.
Join the project’s community on X and Telegram.
Visit Pepe Unchained.
The post Pepe Unchained Blows Past $18M ICO Milestone, Raises Additional $1M in Less Than a Week appeared first on Cryptonews.