Pepe Unchained ($PEPU) has obliterated the $20 million milestone in its presale.
The baddest frog on the crypto planet is fresh off its $18 million milestone from a week ago and has swiftly secured an additional mouth-watering $2.1 million since then.
Pepe Unchained is currently seeing new capital flowing non-stop as contributors bank on $PEPU to deliver a knockout punch with its flashy L2 chain to its sluggish rival, Pepe ($PEPE), and take its crown.
The project’s rocking fundraising efforts over the past four months heightens the chances of $PEPU becoming the ruler of Pepe land – especially with the recent update announcing that it has begun accepting developer grant applications.
Pepe Unchained is definitely serious business, and contributors can join the current funding round at $0.0103 per $PEPU. However, this round will close in less than 24 hours as a new funding round kicks off at $0.0106.
Uptober Is Beginning to Show Itself With Meme Coins Reaching a $54.1 Billion Market Cap
Bitcoin’s brief flirtation with the $68,000 mark on Wednesday sparked bullish momentum throughout the crypto space.
The leading cryptocurrency has managed to hold above $67,000 and is gearing up for another run past $68,000 on Thursday, fueling the likelihood of a continued Uptober in the next two weeks.
Meme coins are riding high, surpassing the Sept. 29 market cap peak of $53 billion and currently standing at $54.1 billion.
Source: Coinmarketcap / Top Memes Tokens by Market Capitalization
Among the top performers, Bonk ($BONK) and Mog Coin ($MOG) logged impressive 24-hour gains of 7.22% and 6.73%, respectively.
This single-day performance reflects a broader bullish trend, with tokens like Turbo ($TURBO) soaring 68% and the newly launched AI-designed meme coin Goatseus Maximus ($GOAT) skyrocketing by an astounding 174%.
Source: CoinMarketCap / Goatseus Maximus
Goatseus Maximus follows the success of First Neiro on Ethereum ($NEIRO), which skyrocketed from a $15 million market cap in mid-September to a staggering $800 million by October.
With October historically recognized as crypto’s third-best month, the market is set to become self-fulfilling once again, especially given the gains of recent days. This will pave the way for an even better November – traditionally the best month for crypto returns.
Pepe Unchained’s presale has also benefited from this bullish momentum, now averaging an impressive $2 million per week.
Pepe Unchained Is Now Accepting Grant Applications for the Best Developers
On Thursday, Pepe Unchained began accepting applications for its highly anticipated developer grants.
These grants will allow innovative minds to bring their ideas to life using Pepe Unchained’s technology, which promises faster and cheaper transactions than Ethereum.
In tandem with this announcement, the project unveiled a new section on its website that serves as a portal for users to test out all its L2 features as they go live.
For prospective applicants, all they need to do is complete a brief form on the same page, after which they will receive a confirmation email.
The Pepe Council will continuously review applications, and selected projects will be awarded with the grant.
Pepe Unchained is seeking the most unique concepts that will maximize the capabilities of its L2 chain.
Approximately $15 Million Worth of $PEPU Is Locked in for the Long Haul
Pepe Unchained’s ongoing presale is merely the tip of the iceberg in terms of the value the token could achieve in the future.
If its ecosystem flourishes, $PEPU will be the star of the show, with the new dApps on its L2 serving as a demand driver for its 8 billion tokens.
And the fact that many early investors have already locked their tokens for staking highlights strong confidence in its long-term potential.
At its current presale price, the value of all the tokens locked in its staking protocol is around $15 million – roughly about 75% of all the raised funds.
Again, Pepe Unchained is still in its presale stages and is only celebrating its fourth-month anniversary, but it is already giving $PEPE a run for its money without a top-tier exchange listing.
This is why Austin Hilton cautions that missing this presale, particularly while $PEPU is still available at a discounted price, could cause non-investors to regret their decision.
If you haven’t yet joined the presale and secured a solid position in $PEPU, visit the project’s official website, connect your wallet, and purchase $PEPU using ETH, USDT, or BNB. Credit card payments are also accepted.
Rest assured, Pepe Unchained’s smart contract has undergone a comprehensive audit by Coinsult and SolidProof, confirming that no critical issues were identified.
Stay updated on the latest developments and announcements from the project team by joining the community on X and Telegram.
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