Pepe Unchained Shatters $20M Presale Milestone, Announces New Updates

• Pepe Unchained ($PEPU) has reached a significant milestone, surpassing $20M in its ongoing presale. This demonstrates strong investor confidence and continuous growth.
• The project is now accepting applications for developer grants to foster innovation on its L2 chain. The chain promises faster and cheaper transactions compared to Ethereum.
• With the memecoin market cap reaching $54.1B and Bitcoin holding above $67K, Pepe Unchained benefits from positive market momentum, averaging $2M per week in presale contributions.
• Early $PEPU investors have staked approximately $15M worth of tokens, highlighting their belief in the project's long-term potential and ecosystem growth.

Pepe Unchained ($PEPU) achieved a major milestone by blowing past the $20M mark in its ongoing presale.

Following last week's impressive $18M milestone, Pepe Unchained added afurther $2.1M to its presale total, underscoring growing investor confidence. With fresh capital streaming in, the project aims to outpace Pepe ($PEPE) with its advanced Layer 2 (L2) chain, positioning itself as a serious contender in the meme coin space.

Pepe Unchained'srobust fundraising over the past four months bolsters its goal of becoming the leading name in the world of meme coins.

This momentum coincides with the project's recent announcement that it is now accepting developer grant applications, highlighting its commitment to fostering innovation.

$PEPU means business. The current funding round offers contributors an entry price of $0.0103 per $PEPU token. However, this round will conclude in less than 24 hours before the next round launches at $0.0106.Crypto Market Riding Uptober Momentum as Meme Coins Reach $54.1B Market Cap

The crypto market is experiencing a surge, with meme coins reaching a combined market cap of $54.1B. Bitcoin, briefly trading at $68K on Wednesday, fueled optimism across the sector, maintaining levels above $67K and supporting a strong start to Uptober.

Top Memes Tokens by Market Capitalization | CoinMarketCap

Several meme tokens recorded notable gains. Bonk ($BONK) and Mog Coin ($MOG) achieved 24-hour gains of 7.22% and 6.73%, respectively. Turbo ($TURBO) climbed 68%, and Goatseus Maximus ($GOAT), a recent AI-designed meme coin, soared by 174%.

Goatseus Maximus price today, GOAT to USD live price, marketcap and chart | CoinMarketCap

These trends reflect a bullish market sentiment and set the stage for an even stronger November. It is a month that's historically high-performing for cryptocurrencies.

Pepe Unchained's presale has capitalized on this momentum, averaging a weekly intake of $2M.

Developer Grants Now Open on Pepe Unchained

In a move to strengthen its ecosystem, Pepe Unchained opened applications for developer grants on Thursday.

These grants aim to attract top-tier talent to leverage the platform's L2 technology, which promises enhanced speed and lower transaction fees than the original $PEPE's Ethereum.

https://twitter.com/pepe_unchained/status/1846622835449778285

Developers interested in applying can submit their ideas through a new section on the Pepe Unchained website, where they can also explore L2 features as they go live.

The project's Pepe Council will review applications on a rolling basis. It then awards grants to the most promising proposals that harness the full potential of the $PEPU ecosystem.

It's all part of a push to use the fundraising success to position $PEPU for long-term Pepe dominance.

Strong Long-Term Staking Commitment from Early Investors

With approximately $15M worth of $PEPU tokens locked into staking, Pepe Unchained's early investors strongly believe in the token's future.

These staked tokens represent around 75% of all funds raised in the presale, underscoring the project's huge long-term growth prospects.

Despite being in its presale phase, Pepe Unchained has positioned itself as a formidable competitor to $PEPE, and industry experts, including Austin Hilton, emphasize the potential benefits of joining this presale while prices remain low.

How to Participate in the $PEPU Presale

To join the presale, visit Pepe Unchained's official website. Then, connect a compatible wallet and buy $PEPU tokens using $ETH, $USDT, $BNB, or via credit card. For peace of mind, Pepe Unchained's smart contract has been audited by Coinsult and SolidProof, confirming its security and transparency.

Stay updated on Pepe Unchained's latest developments by following the project's official channels on X and Telegram.

Visit Pepe Unchained.

The post Pepe Unchained Shatters $20M Presale Milestone, Announces New Updates appeared first on The Tech Report.