Top Token Presale of 2024: Pepe Unchained Raises Over $13.1M
Pepe Unchained ($PEPU) is emerging as the top token presale of 2024 after recently reaching the $13.1 million milestone in funds raised.
The new Ethereum Layer 2, which sports its own block explorer and even its own DEX, will be among the scaling solutions with full backing from Vitalik Buterin come 2025 because it removes the hiccups to Pepe’s ownership and possibly other meme coins that still reside on Ethereum.
As a result, it has established a strong reputation as the Pepe to claim the third spot on the top meme coin list, which is supported by its consistent capital influx that will undoubtedly hit the $14 million mark next week.
If you haven’t yet acquired $PEPU tokens, each one is priced at $0.0096897. However, this price will increase to $0.0097284 in less than two days with the start of a new funding stage.
One way Pepe Unchained takes Pepe ownership to the next level is by operating on its own blockchain.
Because of this, transactions are significantly cheaper and faster. Although Ethereum gas prices recently fell to an all-time low on September 7, they can still be volatile, with costs spiking during periods of high network demand.
When gas fees increase, the cost of transactions can become prohibitive, especially for small retail traders, who are often priced out of opportunities to capitalize on rising token values.
A notable example of this occurred in May of last year when gas prices surged to 150 Gwei due to a surge in buying activity for Pepe ($PEPE). One Gwei is equal to one billionth of an ether. In effect, this can sometimes result in transaction fees higher than $50.
This led to bewilderment among some investors, with a particular user taking to Reddit on how a $15 transaction in $PEPE could incur a $50 fee.
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