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New $PEPE coin Pepe Unchained ($PEPU) has raised $29.8 million in what is shaping up to be the largest meme coin ICO of all time. Indeed, at the present pace, Pepe Unchained will raise in excess of $50 million, catapulting it straight into the top league of meme coins.

In the past 24 hours alone, Pepe Unchained has pulled in more than $1 million as contributors race to beat the clock – there are now only 28 days left to bag a chance to match the life-changing return on investment enjoyed by early $PEPE buyers.

$PEPU is on sale at its lowest-ever available price of $0.01281.

On Wednesday, the project, which boasts its own Layer 2 blockchain and a launchpad similar to pump.fun for rapid meme coin launches with no coding required, pulled in $1.2 million from eager investors.

Pepe’s had that brain in him since day one,
On God! 🧠🐸 pic.twitter.com/gN5adf5bXt
— Pepe Unchained (@pepe_unchained) November 11, 2024

Whales Can’t Get Enough Of Pepe Unchained

Buyers are clearly attracted by the prospect of gaining exposure to the 500x return on investment hoovered up by those who held on to their Pepe tokens. Pepe Unchained has well and truly grabbed the bull market by both horns.

Today’s presale proceedings began with a colossal whale transaction of $35,000:

That transaction follows two buys yesterday of $35,000 and $32,000. There’s no sign of the pace stopping down, but prospective buyers will need to move quickly to get the best price as the token rises in price every 12 hours.

Earlier in the week, a $48,500 purchase of $PEPU came from the wallet of an individual or entity that has made four whale-sized transactions (0x8067D35B616E3C49c869dC6192c11b6203a4c7e9) totaling 100 ETH ($320,000).

The largest buy of the week came in at 19.99 ETH of $PEPU, which at the time of purchase was valued at $65,491.

Want to keep an eye on your $PEPU balance and stay updated on claim milestones?@BestWalletHQ has your back! Import your wallet or buy $PEPU directly in the app to see your tokens before the claim date.
Buy $PEPU now 🐸 https://t.co/0I4TSYobyC pic.twitter.com/J9WEz8Sldh
— Pepe Unchained (@pepe_unchained) November 12, 2024

Pepe Delivered 769x Returns For Early Investors – Might Pepe Unchained Top That?

By way of comparison and to explore the possibilities ahead for Pepe Unchained, let’s look at the performance of Pepe since its inception.

Following its launch in April 2023, Pepe has returned 769x, according to crypto listings and data site CoinMarketCap. In other words, if you had invested $1,000 in Pepe in April of this year, you would have seen your money grow to more than three-quarters of a million dollars – $769,000.

In addition to the project’s impressive utility, the prospect of Tier 1 listings is driving interest to a fever pitch.

According to information on the Pepe Unchained website, Tier 1 exchange listings will come when the token is out of presale. Although it has not been stated which Tier 1 exchanges might be looking to list the coin, top exchanges such as Binance and Coinbase could be among the venues.

The chances of snaring a listing on the blue chips of the crypto exchange world are much improved by what our sources say is truly amazing transaction volumes for a presale, coming in at around 100,000 across both ETH and BNB chains.

Because the blockchain doesn’t lie, the Pepe Unchained team will be able to verify the transaction volumes in their discussions with centralized exchanges (CEXs) – this matters because CEXs will view each discrete wallet address involved in a transaction as a potential customer.

Coinbase And Robinhood Listed Pepe, Boosting Pepe Unchained

On Wednesday, Coinbase and Robinhood listed the meme coin Pepe ($PEPE) in a major development for the ‘joke’ coin sector.

Since the PEPE announcements, the frog-themed meme coin’s price has surged nearly 73% to trade at $0.00002255.

According to CoinmarketCap data, Pepe is now the 15th most valuable digital asset in market capitalization.

Coinbase followed up on the Pepe news by announcing the listing of Dogwifhat (WIF), making it the fifth meme coin to find its way onto the top US crypto exchange. Coinbase lists just three other meme coins, namely Dogecoin (DOGE), Shiba Inu (SHIB), and Bonk (BONK).

Adding PEPE and WIF to the Coinbase roster is a testament to the surging interest in the meme coin sector. Crypto data sites estimate the value of the meme coin category to be around $128 billion – almost the same size as Citibank, which has a market cap of $130 billion.

Stock trading app Robinhood, in addition to announcing the listing of Pepe, has now also added Ripple’s XRP token, Cardano (ADA), and Solana (SOL), a move likely influenced by the election of the crypto-friendly Trump administration and the Republican sweep of Congress.

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