Crypto whales have their sights set on a new meme coin in preparation for the upcoming bull run.
Pepe Unchained (PEPU) has raised over $12 million in its presale funding, an impressive feat considering the bearish trend in the broader crypto market.
Thanks to the heavy whale interest and its unique features, experts are bullish on PEPU’s upside potential, with some suggesting that it could be the next 100x crypto.
Crypto Whales Are Stacking Pepe Unchained
Pepe Unchained has caught the attention of deep-pocketed investors from the very start of its ICO. There is a reason why it has raised over $12 million in a few short weeks.
For instance, a whale swapped nearly 11 ETH – worth over $25,000 – to purchase PEPU in its presale.
Similarly, another whale invested 23.4 ETH – which pans out to over $55,600 – in Pepe Unchained.
In a recent video, a popular crypto YouTuber Cilinix Crypto – with over 66k subscribers – revealed that he has acquired PEPU as well.
Whales are buying large-cap cryptocurrencies as well, including Bitcoin, Pepe and Aave. Their recent buying tendencies indicate that seasoned traders are much more bullish on the market than short-term holders.
It could also be a signal that the bottom is in for Bitcoin and a bull run is imminent, which would provide the ideal backdrop for new meme coins like Pepe Unchained.
Pepe Unchained – First Frog Meme Coin With A Native Blockchain
The heavy whale interest in PEPU isn’t surprising. As such, frog meme coins are in high demand after Pepe’s remarkable success. The likes of PeiPei, PONKE and APU have impressed investors with their growth this year.
However, Pepe Unchained has separated itself from these copycat tokens. In fact, it is the only frog meme coin – including Pepe – with its own blockchain. This fact is creating quite a buzz, with even prominent crypto outlets like Cointelegraph and CoinMarketCap covering the news.
Aside from the excellent marketing, the Layer-2 blockchain offers several key advantages. For instance, the chain is set to be completely Ethereum-compatible, allowing for seamless swaps between ETH and PEPU.
More importantly, it allows PEPU holders to bypass the congested Ethereum blockchain and take advantage of low trading costs, 100x fast transactions and high staking rewards.
Pepe is preparing to launch his own Layer 2 blockchain solution soon:🧠 Instant bridging between ETH and Pepe Chain🧠 Lowest transaction fees🧠 100x faster transaction speeds compared to ETH🧠 Dedicated Block ExplorerGet ready to join the future with Pepe Unchained! ⛓️🐸 pic.twitter.com/9gxNnddMyq
— Pepe Unchained (@pepe_unchained) July 18, 2024
Indeed, early presale buyers are already earning passive income at a high reward rate, currently at over 160% APY.
Smart money investors are also impressed with PEPU’s community-centric tokenomics. Indeed, a substantial 50% of the token supply is allocated directly to the investors – 20% during the presale and 30% in the form of staking rewards.
The remaining 50% will be utilized for marketing, exchange liquidity, Layer-2 chain inventory and project finance. No portion is allocated for any private sales or the team, which substantially reduces the risk of a rug-pull.
If this isn’t enough, the PEPU smart contract has been audited twice, by Coinsult and Solid Proof. The audits did not find any security risks or centralization vulnerabilities.
Is PEPU The Next 100x Crypto?
The recent accumulation from whales indicates that a bull market is on the horizon. In fact, top-tier exchanges – including Binance – are onboarding new meme coins on a daily basis.
If the bull market euphoria, meme coins with far less value than Pepe Unchained have seen 100x to 1000x growth. It is therefore no surprise that experts are calling PEPU the next 100x crypto.
However, the clock is ticking on the Pepe Unchained presale, leaving sidelined investors a very short window to buy the meme coin.
Interested buyers can visit the PEPU website and buy the token with a few clicks using the over-the-counter widget. They are also advised to follow the project’s X and Telegram accounts to keep up with the latest updates.
Visit Pepe Unchained Presale
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Source: https://cryptodaily.co.uk/2024/09/pepe-unchained-raises-12-million-in-presale-with-heavy-whale-buys-next-big-crypto