New Meme Coin Defies Market Crash, Raises $2.3 Million Amid Crypto Turmoil
New meme coin Pepe Unchained has now raised $2.3 million in its increasingly popular presale, attracting new investors as the wider cryptocurrency market suffers big losses today.
A layer-two network for Ethereum, Pepe Unchained has been enticing supporters via its promise of faster and cheaper transactions for traders.
It promises to develop an ecosystem for DeFi and meme tokens, while its greater efficiency will also allow it to offer double the staking rewards.
And given that it could rally big once it lists, it’s no wonder that investors have been turning to it while the wider market struggles.
Pepe Unchained opened the presale for its native PEPU token last month, and it has quickly begun gaining momentum.
Its raise total stood at only $200,000 as recently as June 19, yet this total has since risen by just over 1,000% in a couple of weeks.
It currently stands at $2,336,252, having passed the $2 million mark a couple of days ago.
$2M raised in record time!
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