The new Pepe-themed Ethereum layer 2 blockchain, Pepe Unchained ($PEPU), is progressing at a significant rate.
Not two days ago, they made a fan-favorite announcement about an upcoming developer grant initiative, and now they’ve hit the $14 million presale total raised mark.
The project is going from strength to strength, but the clock is ticking for those yet to buy.
Currently, the Pepe Unchained presale price is $0.00981, but this will rise throughout the campaign. The next increase will occur in less than one day.
Pepe Unchained’s plan to fast-track development – “Frens With Benefits”
Calling all blockchain developers – Pepe Unchained offers you free money to launch your meme coins and meme coin-related applications on its blockchain.
The initiative will be called Pepe Frens With Benefits.
It’s a win-win. With over $14 million raised in presale funding, Pepe Unchained has one of the strongest communities of any budding blockchain ecosystem.
So by building on the ‘Pepe Chain,’ devs will tap into this large crowd – who are also meme coin fanatics, by the way.
And through Frens With Benefits, they’ll also receive token grants for their work.
It’s a self-propagating model that could soar ecosystem development and adoption of crypto’s first meme coin-focused Ethereum layer 2 blockchain.
Applications for grants will open in Q4 of this year. Here’s how it’ll work: developers build a product, apply for a grant, the Pepe Unchained Council votes, and the developer gets paid if the application is accepted.
Pepe Chain: the scalable Ethereum built for degens
The Pepe Unchained team also revealed that the Pepe Chain mainnet will also launch on $PEPU’s open market debut.
It’ll be loaded with features such as a block explorer, a dedicated Ethereum bridge, a decentralized exchange, and a staking mechanism.
They also revealed that they’re in talks with tier-1 centralized exchanges about listing $PEPU.
However, they reaffirmed that they’re awaiting the right time to launch on exchanges to ensure “maximum impact.”
The Pepe Chain will be 100x faster and much cheaper than the Ethereum main network.
Much like its presale is fair and open to everyone, Pepe Chain is a much more accessible network for meme coin enthusiasts – even the smallest traders do not need to sweat high gas fees.
Rooted in utility, Pepe Unchained is a unique crossover blurring the lines between layer 2 and meme coin.
The market cap of the layer 2 sector is currently $19 billion, while the total meme coin is $45 billion.
Pepe Unchained is the first project tackling both sectors simultaneously, which has proved a captivating proposition for its early investors.
Retail follows smart money as $PEPU raises $250K in 1 day
“This is one of the highest-demand meme coins I’ve ever seen.”
These were the opening words of analyst ClayBro in a recent video where he hailed Pepe Unchained’s significant presale momentum.
With the total raise now comfortably over $14 million, Pepe Unchained is one of the hottest ICOs on the market.
ClayBro says this is because “they are hyper-focused on meme coins” and “their correlation with Pepe.”
At the same time, the infamous “Dogecoin Millionaire” Glauber Contessoto predicted that Pepe-themed tokens would be the “clear winners” of 2025 meme coin season.
Pepe Unchained’s use case fits perfectly into the Pepeverse: it’s the only project with tangible, valuable utility.
Retail traders are following smart money into $PEPU, with the presale raising over $250K in the past 24 hours alone.
For those yet to buy, this is the last chance to secure Pepe Unchained at $0.00981.
Investing in the presale is easy. Visit the project’s website, connect your wallet, and choose the amount of tokens you want to buy and the crypto you want to pay with. The presale accepts ETH, BNB, USDT, and bank card payments.
In an industry full of uncertainties, Pepe Unchained has undergone full audits from Solid Proof and Coinsult. Both audits returned with findings that the project is safe and secure.
Follow Pepe Unchained on X or join its Telegram for updates. Alternatively, visit its website to buy and stake tokens.