Pepe Unchained Preps Own Blockchain, Ala ApeChain, as Uptober Heats Up: USDT, APE Lead Gains

The total market capitalization of all cryptocurrencies has surged to a dazzling $2.36 trillion, with Tether ($USDT), the third-largest cryptocurrency

Pepe Unchained ($PEPU) has raised an additional $1.2 million in four days, bringing the total raised to $21 million as meme coins hit a collective market value of $62 billion on Monday.

The rapidly rising meme coin, which recently crossed the $20 million mark in its presale, has now attracted new contributions at a rate of over $300,000 per day. At this pace, reaching the $22 million mark this week seems highly achievable.

Interest in the project has surged following the announcement of grant applications to test its upcoming Layer 2 chain. The cryptocurrency market has also done a complete 180 after a sluggish start to the month.

Interested participants can still acquire $PEPU at the current price of $0.0112 per token, but time is of the essence. Less than 24 hours remain before the next funding stage raises the price to $0.0115.

Since the $PEPU presale launch, the token price has surged by 40%, and the upcoming round will see a further increase of approximately 3.75%.

Uptober Heats Up: USDT, APE Lead Gains As Pepe Unchained Preps Own Blockchain, Ala ApeChain

The total market capitalization of all cryptocurrencies has surged to a dazzling $2.36 trillion, with Tether ($USDT), the third-largest cryptocurrency, playing a pivotal role by achieving a remarkable $120 billion valuation on Sunday.

Tether USDt price today, USDT to USD live price, marketcap and chart | CoinMarketCap

Tether’s ascent signals the end of a seven-month downtrend and hints that investors are loading up on the stablecoin to dive into other cryptocurrencies. Excitement is brewing over a potential push for Bitcoin ($BTC) to reach new all-time highs, especially as the much-anticipated “Uptober” unfolds.

According to CoinMarketCap data, market sentiment is shifting back to greed for the first time since July. Another standout performer is ApeCoin ($APE), which has experienced a stunning 107% increase in just the past week.

In fact, it has skyrocketed by 200% from its lowest point this year, reaching a market cap of $1.5 billion. This impressive surge is primarily fueled by the launch of ApeChain, the token’s very own blockchain network, designed to support minting non-fungible tokens (NFTs), trading, and decentralized applications.

In the meme coin sector, Pepe Unchained is one of the rising tokens. Like ApeCoin, it features its own proprietary blockchain. Remarkably, it has performed spectacularly in just four months of fundraising efforts.

Its latest milestone coincides with the sector reaching a $62 billion market cap, driven by a growing community and increased whale participation.

Whale Buys, Growing Community Fire Up Pepe Unchained Presale

Whale purchases are becoming increasingly common for Pepe Unchained. One whale bought 5 million $PEPU tokens for about $50,000 earlier this month.

Several whale purchases were made in the previous month, each exceeding $50,000. These whale purchases are significant, as they indicate a movement of smart money; whales are often institutions or investors with insights that surpass those of the average investor.

On Monday, another whale exchanged $53,563 worth of ETH for 4.6 million $PEPU tokens.

Ethereum Transaction Hash (Txhash) Details | Etherscan

This influx of new capital coincides with the rapid growth of the Pepe Unchained community. On X, the token is quickly gaining followers, now boasting 51,100 – just 17,100 short of the original PepeCoin ($PEPECOIN).

For a token still in presale, the substantial investor capital and the strong backing from a growing community suggest that $ PEPU’s potential is just beginning to unfold, with no telling how massive it could become once it can tap the liquidity of exchanges.

Pepe Unchained Developer Grants Are Accepting Applications

What’s drawing more investors to the Pepe Unchained presale is its recent announcements about its upcoming L2.

Pepe Unchained has launched a new section on its website dedicated to receiving applications for the developer grants it announced last month, which aim to attract innovative ideas leveraging Pepe Unchained’s blockchain.

Prospective applicants need to fill out a brief form on the application page, after which they will receive a confirmation email. The Pepe Council will continuously review submissions, and selected projects will be awarded grants.

Popular crypto influencer ClayBro covers this recent announcement by the project in detail in the video below:

Now, if you’re joining the presale party or haven’t yet scooped up a healthy amount of $PEPU, visit the project’s official website, connect your wallet, and acquire your $PEPU using