Pepe Unchained Launches Grants for Developers to Build on Upcoming Layer-2
- On Wednesday, Pepe Unchained ($PEPU) made an announcement on X. It will officially start accepting grant applications for developers looking to build on Pepe Layer-2 (L2).
- This initiative aims to provide ample support for developing tokens and applications on its L2 upon launch.
- Based on its current trend, Pepe Unchained is on track to reach its $15M presale milestone as early as next week.
- Pepe Unchained's hot streak isn't solely retail investor-driven but also driven by whale participation.
After surpassing $12.6M in presale funding on Wednesday, Pepe Unchained ($PEPU) made another splash by announcing on X it was looking for developers to start building its ecosystem.
This move will enable developers to test Pepe Unchained's proprietary blockchain, which enables transaction speeds 100 times faster than Ethereum. It also offers significantly lower gas fees while maintaining security via its Layer-1 (L1) in Ethereum.
Following the announcement, the Pepe Unchained presale attracted an additional $150K in capital on Thursday. The input increased the total amount raised to $13.86M.
However, investors looking to boost it to $14M before the weekend have less than 48 hours to purchase $PEPU at $0.00981, as the price will 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 beckons passionate Pepe developer fans.
For the past three months, $PEPU has been nipping at the heels of $PEPE. It has been dubbed its far superior version as it's the iteration of Pepe without the Ethereum shackles.
$PEPU is unchained, so Ethereum does not constrain it due to having its own blockchain. This innovation opens up Pepe ownership to anyone. In the $PEPU version, high gas fees and slow transactions won't deter even the smallest investor from buying tokens, allowing for better price discovery.
Now, with the developer grant rewards, called Pepe Frens With Benefits,' it welcomes groundbreaking dApps and other innovations using its new L2.
All developers need to do is build their projects, submit a grant application, wait for the Pepe Council to vote, and, if selected, receive the grant.
https://twitter.com/pepe_unchained/status/1836375150188712393Pepe Unchained's goal for this initiative is to provide ample support for developing tokens and applications on its L2 upon launch.
Grant applications will open in Q4 2024.
Tier-1 Exchanges Have Their Sights on a $PEPU Listing - Another 10x Token on the Horizon?The Binance listing of First Neiro on Ethereum ($NEIRO) resulted in a 10x growth in 24 hours. And the news reverberated across the industry.
$NEIRO is a $15M market cap token that surged to $150M overnight. Such a trajectory 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 that's been plaguing the industry since June, Pepe Unchained's ongoing presale success hasattracted interest from several tier-1 exchanges.
https://twitter.com/pepe_unchained/status/1836375195785007225Although the platform hasn't revealed which exchanges are involved, it would be reasonable to assume that one of them could be Binance. Especially due to its recent listing of a micro-cap in $NEIRO.
But it's not just tier-1 exchanges that are eagerly anticipating $PEPU's listing. The Pepe community, which has quickly grown to 16.2K followers on X, is itching to trade $PEPU across exchanges.
Indeed, if Pepe Unchained experiences a surge similar to $NEIRO, a 10x growth may 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. This would give them ample time to maximize their returns when the token eventually lists.
Whales Are Helping Pepe Unchained Reach Presale Milestones FasterBased on its current trend, Pepe Unchained is on track to reach its $15M presale milestone, which could be as early as next week.
Pepe Unchained's hot streak isn't solely retail investor-driven; it's also driven by whale participation. One whale, in particular, recently acquired $56K 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 looks solid. Developers, tier-1 exchanges, retail investors, a growing community, and whale investors are carefully monitoring its ICO and eagerly awaiting its next moves.
If you are one of those who haven't yet joined the presale, visit $PEPU's official website. Then, connect your wallet and buy $PEPU using $ETH, $USDT, or $BNB. You can also pay with your credit card.
Rest assured, Pepe Unchaiend's smart contract went through a full audit by Coinsult and SolidProof. The companies identified no critical issues in its smart contract.
Stay updated on recent developments and announcements from the project team by joining its community on X and Telegram.
The post Pepe Unchained Launches Grants for Developers to Build on Upcoming Layer-2 appeared first on The Tech Report.