Emily Walker
The newly launched meme coin Pepe Unchained ($PEPU) is experiencing an impressive surge of over 500%, following a remarkable presale that attracted $74 million in investments.
This positions Pepe Unchained as a likely contender for the most lucrative meme coin in the Pepe series as we approach 2025. Having only debuted on Uniswap recently, it has already yielded more than five times the returns for those who participated in the presale, with positive momentum continuing.
The chart illustrates a strong bullish sentiment among buyers, as it frequently shows cup-and-handle formations, indicating new record highs achieved hourly.
This morning, Pepe Unchained reached its highest point at $0.57, only to surpass it later on, hitting $0.62, which represents a staggering 543% increase from its original price just below one cent, as reported by CoinMarketCap.
Currently, $PEPU has settled at $0.58 as some investors take profits, yet it remains up by 520%, indicating that the rally is still gaining traction—encouraging holders to maintain their investment for potential growth.
Considering the historical performance of similar coins in the Boy’s Club group like Pepe and Brett, there’s potential for HODLers to see returns of 100x or even 200x.
Pepe Unchained is approaching a half-billion dollar market cap, with a trading volume of approximately $4 million over the past day. This shows that about 9% of the circulating $PEPU was traded recently, demonstrating strong buy-and-hold sentiment among its community.
Furthermore, there are rumors of listings on major centralized exchanges (CEXs) including Binance, Coinbase, and OKX, alongside a $4 million liquidity pool secured for 11 months, positioning $PEPU to lead the meme coin market as successfully as it did in presales.
What’s Driving Interest in Pepe Unchained?
The presale for Pepe Unchained kicked off at the end of June 2024, bringing in millions; around $3 million was raised by autumn.
The excitement around the $PEPU token sharply increased before the November elections of pro-crypto candidate Donald Trump, sparking significant interest in its unique Ethereum Layer-2 (L2) infrastructure.
It’s crucial to note that Pepe Unchained stands apart from traditional meme coins as it may not even fall strictly into that category, exhibiting characteristics of a high-functioning cryptocurrency that cleverly utilizes the attraction of meme culture.
The project features its own proprietary L2 blockchain, designed for cost-effective transactions that are 100 times faster than Ethereum’s Layer-1 (L1). This platform will support a decentralized exchange (DEX) for economical trades between $PEPU and other tokens.
Additionally, Pepe Unchained will provide a specialized block explorer for monitoring L2 transactions, as well as a bridge for quick, low-cost transfers between its platform and Ethereum’s L1.
Future expansions are planned through the Pepe Foundation, which aims to finance community-verified ventures with grants for developers to cultivate a robust ecosystem.
Given its strong fundamentals and strategic vision, Pepe Unchained has undeniably become the most sought-after meme coin presale this year, amassing $74 million prior to its market debut.
Is Elon Musk Supporting Pepe Unchained?
In an intriguing twist, it appears that Elon Musk, known for his support of both Trump and meme coins, may have recently acquired some Pepe coins.
Trump has enlisted Musk to oversee an organization focused on enhancing US government operations, cleverly named the Department of Government Efficiency—the initials forming DOGE, reminiscent of his previous association with Dogecoin during the 2021 market boom. His tweets often caused significant price jumps for the coin.
Now, Musk is sharing Pepe memes, correlating with the rise of one particular coin: Pepe Unchained.
The Pepe excitement extends beyond Pepe Unchained this Christmas, as a newly launched Pepe coin, Wall Street Pepe ($WEPE), has quickly raised $8 million, with nearly half of that amount coming in just the last 24 hours.
Wall Street Pepe promotes empowering retail investors to challenge market manipulation by larger entities. $WEPE aims to unite the community in shared decisions and mutual growth, appealing to those who want to combat whale influence.
Holders of $WEPE gain exclusive access to a private group that shares insider trading insights, strategies, and alerts to help them stay ahead of the trading curve.
This collective can help counteract whale manipulation, leveling the playing field for everyday investors.
To participate, visit the Wall Street Pepe website, connect an Ethereum wallet such as Best Wallet, and purchase $WEPE using $ETH or $USDT. Credit and debit cards are also accepted.
Those utilizing Best Wallet will receive prompt updates on crucial information pertaining to Wall Street Pepe, including visibility of their $WEPE balance before the claim date is announced.
Download the Best Wallet application from Google Play or the Apple App Store.
Join the $WEPE community on X and Telegram.