After surpassing $12.6 million in presale funding on Wednesday, Pepe Unchained ($PEPU) made another splash with a developer grant announcement on X (formerly Twitter) to start building its ecosystem.
This move will enable developers to test the capabilities of Pepe Unchained’s proprietary blockchain, which is anticipated to enhance transaction speeds by up to 100 times that of Ethereum. It will also offer significantly lower gas fees while maintaining security via its Layer 1 in Ethereum.
Following the announcement, the Pepe Unchained presale attracted an additional $150,000 in capital on Thursday, raising its total to $13.86 million.
However, investors looking to boost it to $14 million before the weekend have less than 48 hours to purchase $PEPU at $0.00981, as the price is set to increase to $0.00982 with the start of the next funding round.
$PEPE, say hello to $PEPU’s little ‘frens’
If Pepe Unchained’s predecessor, Pepe ($PEPE), wasn’t already sweating bullets, $PEPU is further upping the ante as it calls for passionate Pepe developer fans.
For the past three months, $PEPU has been nipping at the heels of $PEPE as its far superior version, being the iteration of Pepe without the Ethereum shackles.
Because it’s unchained – that is, Ethereum does not constrain it due to having its own blockchain – it makes Pepe ownership accessible to anyone, where high gas fees and slow transactions won’t deter the smallest investor from buying tokens, allowing for better price discovery.
Now, with the developer grant rewards, also called “Pepe Frens With Benefits,” it is welcoming groundbreaking dApps and other innovations using its new Layer 2.
Developers simply need to build their projects, submit a developer grant application, wait for the Pepe council to vote, and, if selected, receive the grant.
Pepe Unchained’s goal for this initiative is to provide ample support for developing tokens and applications on its Layer 2 upon launch.
It’s essential that we equip developers with all the necessary tools—comprehensive guides and financial support—to build outstanding dApps.
In Q4, we’ll officially open grant applications for developers looking to build on Pepe L2.
This is your chance to help shape the future…
— Pepe Unchained (@pepe_unchained) September 18, 2024
Grant applications will open in Q4 2024.
Tier-1 exchanges have their sights on a $PEPU listing – another 10x token on the horizon?
The impact of the Binance listing on First Neiro on Ethereum ($NEIRO), which resulted in a 10x growth in 24 hours, reverberated across the industry.
A $15 million market cap token that surged to $150 million overnight has sparked widespread speculation about which token might be next in Binance’s meme coin listing spree.
The answer might be Pepe Unchained.
Even amid the market downturn since June, Pepe Unchained’s ongoing presale success has led to interest from several tier-1 exchanges regarding a potential listing.
We’ve been approached by several Tier 1 exchanges interested in $PEPU.
While this is an exciting opportunity that will boost visibility and liquidity, it also requires careful planning to ensure the best possible launch.
— Pepe Unchained (@pepe_unchained) September 18, 2024
Although it wasn’t revealed which exchanges are involved, it wouldn’t be unreasonable to assume that one of them could be Binance – particularly due to its recent listing of a micro-cap in $NEIRO.
But it’s not just tier 1 exchanges eagerly anticipating $PEPU’s listing; the Pepe community, which has quickly grown to 16,200 followers on X, is all itching for $PEPU to be tradable across exchanges.
Indeed, if Pepe Unchained experiences a surge similar to $NEIRO, a 10x growth might even be too conservative, especially as the Pepe narrative switches from $PEPE to $PEPU.
However, the project is currently pausing any listings to ensure that every investor has the opportunity to secure their share of $PEPU at its discounted presale price, giving them ample time to maximize their returns when the token eventually gets listed.
Whales are helping Pepe Unchained reach presale milestones faster
Pepe Unchained is on track to reach its $15 million presale milestone, which could likely be early next week based on its current trend.
Pepe Unchained’s hot streak isn’t solely retail investor-driven but also driven by whale participation. One whale, in particular, recently acquired $56,000 worth of $PEPU, as featured by popular crypto YouTuber ClayBro.
Whale activity is crucial because it can greatly influence a token’s price trajectory, and whales’ growing interest in Pepe Unchained signals strong optimism about the project’s future.
The Pepe Unchained ecosystem is looking solid, with developers, Tier-1 exchanges, retail investors, a growing community, and whale investors carefully monitoring its ICO and eagerly awaiting its next moves.
If you are one of those haven’t yet joined the presale or secured a solid $PEPU position, visit the project’s official website, connect your wallet and purchase $PEPU using ETH, USDT, or BNB. Credit card payments are also accepted.
Rest assured, Pepe Unchaiend’s smart contract went through a full audit by Coinsult and SolidProof and verifies that zero critical issues were identified in its smart contract.
Stay updated on recent developments and announcements from the project team by joining its community on X and Telegram.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.