Pepe Unchained Raises $21M in Presale as Meme Coins Value Over $60B – Whale Makes Another $50K Splash

• Pepe Unchained ($PEPU) has reached the $20M milestone, raising over $1.2M in just four days.
• $PEPU whale purchases are becoming increasingly common, with one whale stocking up with 5M $PEPU ($50K) earlier this month and another swapping $53,563 worth of $ETH for 4.6M $PEPU.
• Pepe Unchained is now accepting developer grants to attract innovative ideas for leveraging $PEPU's Layer-2 (L2) blockchain.

Pepe Unchained ($PEPU) has successfully raised $21M in its presale. This coincides with meme coins reaching a collective market value of $60B on Monday.

Fresh from its recent $20M milestone, the rapidly rising meme coin has attracted over $1.2M in new contributions in just the past four days.

At its current pace, reaching the $22M mark this week seems highly achievable, especially as interest in the project has surged following the announcement of grant applications to test its upcoming L2 chain.

The cryptocurrency market has done a complete 180 after a sluggish start to the month, and Pepe Unchained is seizing this momentum to attract even more contributors to its fundraising efforts.

$PEPU's current price is $0.0112 per token, but time is of the essence. Less than 24 hours remain before the next funding stage raises the price to $0.0115.

Since the $PEPU presale launch, the token price has surged by 40%, and the upcoming round will see a further increase of approximately 3.75%.

Uptober Rising: USDT and APE Lead the Charge As Pepe Unchained Gears Up for Its Own Blockchain, Ala ApeChain

The total market capitalization of all cryptocurrencies has surged to a dazzling $2.36T. Tether ($USDT), the third-largest cryptocurrency, played a pivotal role by achieving a remarkable $120B valuation on Sunday.

Tether USDt price today, USDT to USD live price, market cap and chart | CoinMarketCap

Tether's ascent signals the end of a seven-month downtrend and hints that investors are loading up on the stablecoin to dive into other cryptocurrencies.

Excitement is brewing over a potential push for Bitcoin ($BTC) to reach new all-time highs, especially as the much-anticipated Uptober' unfolds.

According to CoinMarketCap data, market sentiment is shifting back to greed for the first time since July.

Another standout performer is ApeCoin ($APE), which has experienced a stunning 107% increase in just the past week. In fact, it has skyrocketed by 200% from its lowest point this year, reaching a market cap of $1.5B.

This impressive surge is primarily fueled by thelaunch of ApeChain, the token's very own blockchain network, designed to support minting non-fungible tokens (NFTs), trading, and decentralized applications.

Pepe Unchained is one of the rising tokens in the meme coin sector. Like ApeCoin, it features its own proprietary blockchain. Remarkably, it has performed spectacularly in just four months of fundraising efforts.

Its latest milestone coincides with the sector reaching a $60B market cap, driven by a growing community and increased whale participation.New Whale Acquisitions and a Rapidly Expanding Community Have Propelled Pepe Unchained's Presale to Its Current Milestone

Whale purchases are becoming increasingly common for Pepe Unchained. One whale acquired 5M $PEPU tokens for approximately $50K earlier this month.

Several whale purchases were made in the previous month, each exceeding $50K.

These whale purchases are significant, as they indicate a movement of smart money. Whales are often institutions or investors with insights that surpass the average investor's.

On Monday, another whale exchanged $53,563 worth of $ETH for 4.6M $PEPU tokens.

Ethereum Transaction Hash (Txhash) Details | Etherscan

This influx of new capital coincides with the rapid growth of the Pepe Unchained community.

On X, the token is quickly gaining followers, now boasting 51,100 - just 17,100 short of the original PepeCoin ($PEPECOIN).

For a token still in presale, the substantial investor capital and the strong backing from a growing community suggest that $PEPU's potential is just beginning to unfold. There's no telling how massive it could become once it can tap the liquidity of exchanges.

Pepe Unchained's Developer Grant Has Begun Accepting ApplicationsWhat's drawing more investors to the Pepe Unchained presale is its recent announcements about its upcoming L2.

Pepe Unchained has launched a new section on its website dedicated to receiving applications for the developer grants it announced last month. These grants aim to attract innovative ideas leveraging Pepe Unchained's blockchain.

Prospective applicants need to fill out a brief form on the application page, after which they will receive a confirmation email. The Pepe Council will continuously review submissions, and selected projects will be awarded grants.

Popular crypto influencer ClayBro covers this recent announcement by the project in detail in the video below.

Now, if you're joining the presale party or haven't yet scooped up a healthy amount of $PEPU, visit the project's official website, connect your wallet, and buy $PEPU using ETH, USDT, or BNB. You can also pay with your credit card.

Rest assured that Pepe Unchained's smart contract has undergone thorough audits by Coinsult and SolidProof, confirming that no critical issues were found.

Stay updated on the latest developments and announcements by joining the project's community on X and Telegram.

Visit Pepe Unchained.

The post Pepe Unchained Raises $21M in Presale as Meme Coins Value Over $60B - Whale Makes Another $50K Splash appeared first on Techreport.