The wildly successful Pepe Unchained (PEPU) presale has now raised $20 million, with an average weekly influx of $1 million, to fund the launch of its token and Layer 2 network.
Following this impressive milestone, PEPU has now launched its developer grants program, while its blockchain is scheduled to go live once the coin lists on DEXs.
PEPU’s memetic value, promises of utility, and successful ICO have experts optimistic about its future in the $54.4 billion meme coin market. Let’s take a deeper look.
Developer Grant Applications Open for Building on the Pepe Unchained Layer 2
Pepe Unchained is preparing to release its ecosystem, complete with instant bridging to the ETH network and a dedicated block explorer. It intends to build its Layer 2 network on top of Ethereum’s mainnet and offer transaction speeds up to 100x faster than ETH at a fraction of its gas fees.
Combining all these benefits may attract more meme coin traders to PEPU’s chain, representing great news for meme coin developers looking to stay in the ETH ecosystem while avoiding its downsides.
Pepe Unchained has already shown a sneak peek of its upcoming blockchain to its 61,000-strong audience on X (Twitter) and Telegram. The preview highlighted its modern-looking interface and advanced features, with more features to come in further updates.
PEPU’s team also shared an update for its “Pepe Frens With Benefits” developer grant program, which is now live. Those interested in building on top of PEPU’s Layer 2 network can apply for a grant on its website.
Applicants will need to include key details like the project’s milestones, timelines, costs, and integrity, and the PEPU team will decide whether they are eligible for a grant.
One Day Remains Until PEPU’s Token Price Increases
Pepe Unchained’s strong marketing, backed by 10% of its total 8 billion token supply, and innovative approach to the meme coin space are largely responsible for its presale success, leading to $20 million raised.
Currently, PEPU costs $0.0103 each, but that price will change in just one day or if the project raises another $66,000 before that, as its ICO follows a dynamic pricing model.
PEPU’s developers allocated 40% of the total token supply to the presale, ensuring everyone has a chance to stock up on PEPU ahead of its DEX launch. Another 30% went to staking, which currently offers a 110% APY, but its rewards will decrease as more investors stake PEPU.
Joining the presale is easy, and there’s no minimum investment required. Investors can purchase PEPU using BNB, ETH, USDT, or a credit or debit card.
Analyzing its tokenomics further shows that PEPU’s team has a long-term vision for the project. 7.5% of the total token supply is reserved for liquidity, reducing the risk of a rug pull and lowering slippage.
The remaining 12.5% of the supply will support the development of its Layer 2 network and its inventory.
PEPU’s Potential and Robust Security Praised by Experts
Pepe Unchained’s focus on marketing and investor trust shows its team’s commitment to ensuring PEPU has the essentials for growth as a meme coin – a large community and robust security. Its latest effort to increase PEPU’s visibility is the launch of a dedicated Facebook page.
The project’s smart contract has been audited by SolidProof and Coinsult, which found no critical threats to investor security.
Pepe Unchained’s ICO success and a clear focus on the token’s long-term performance have caught the attention of numerous meme coin experts. Cilinix Crypto, Austin Hilton, 99Bitcoins, Crypto ZEUS, and other crypto analysts have a positive outlook on the token’s future.
ClayBro, a popular crypto analyst with over 130,000 subscribers on YouTube, believes PEPU is the “future of meme coins.”
He sees its developer grants program as an excellent opportunity to attract some of the world’s best developers to its platform and advises his audience to enter the presale before PEPU’s price increases.
With its innovative utility, strong roadmap, and massive community, Pepe Unchained looks to have the potential to be one of the biggest meme coin launches of recent years.
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DISCLAIMER: THIS IS A SPONSORED ARTICLE