Pepe Unchained Breaks $20M Pre-Sale Threshold
Friday 18 October 2024 — Pepe Unchained ($PEPU) has surpassed the $20 million milestone in its pre-sale. The crypto world’s bravest frog quickly surpassed the $18 million success it reached a week ago, raising $2.1 million in additional funding in the process.
Pepe Unchained is currently attracting new capital non-stop. Contributors are counting on $PEPU to surpass its rival Pepe ($PEPE) with its flashy L2 chain to take the top spot.
The project’s stunning fundraising success over the past four months. It raises the possibility of $PEPU becoming the new leader of the Pepe world.
In particular, the recent announcement that applications for developer grants are now being accepted further strengthens this possibility.
Pepe Unchained is clearly a serious project. Participants can join the current funding round at a price of $0.0103.
However, this type will end in less than 24 hours and the new round will start at $0.0106.
Uptober Started to Show Itself as Meme Coins Reached a Market Capitalisation of $54.1 Billion.
Bitcoin’s short-lived approach to the $ 68,000 level on Wednesday created a positive momentum in the crypto world.
The leading cryptocurrency managed to stay above $ 67,000 and is set to exceed $ 68,000 again on Thursday. This increases the likelihood that the ‘Uptober’ trend will continue over the next two weeks.
The rise in meme coins has surpassed the $ 53 billion market cap peak on 29 September. Moreover, it is currently reaching $ 54.1 billion.
Among the best performers, Bonk ($BONK) and Mog Coin ($MOG) recorded impressive 24-hour gains of 7.22% and 6.73%, respectively.
This single-day performance reflects a broader uptrend. Turbo ($TURBO) gained 68%, while the newly launched AI-designed meme coin Goatseus Maximus ($GOAT) surged an incredible 174%. Among the best performers, Bonk ($BONK) and Mog Coin ($MOG) recorded impressive 24-hour gains of 7.22% and 6.73%, respectively.
This single-day performance reflects a broader uptrend. Turbo ($TURBO) gained 68%, while the newly launched AI-designed meme coin Goatseus Maximus ($GOAT) surged an incredible 174%.
Goatseus Maximus follows the success of First Neiro ($NEIRO) on Ethereum. $NEIRO rose from a market capitalisation of $15 million in mid-September to a staggering $800 million in October.
While October is historically known as the crypto market’s third best month, recent gains are once again putting the market in a self-fulfilling cycle.
This sets a more favourable backdrop for November, traditionally the best month for crypto returns.
Pepe Unchained’s pre-sale has benefited from this upswing, reaching an impressive weekly average of $2 million.
Pepe began accepting applications for its highly anticipated developer grants on Thursday. These grants will allow innovative minds to realise their ideas using Pepe Unchained technology, which promises faster and cheaper transactions than Ethereum.
In parallel with this announcement, the project has also introduced a portal section on its website where users can test L2 features as they go live.
Those interested in applying will receive a confirmation email after completing a short form on the same page. The Pepe Council will continuously review the applications and grants will be awarded to selected projects.
Pepe Unchained is looking for unique concepts that will maximise the capabilities of the L2 chain.
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