Bitcoin Heading Toward $100,000 as Meme Coins Like Pepe Unchained Set for Big Gains

The cryptocurrency market has shown impressive growth in recent days due to the U.S. election, hinting at even greater potential gains in the coming weeks.

Market watchers anticipate a pivotal announcement from the Federal Reserve today, with many expecting another interest rate cut. If this decision aligns with predictions, it could further fuel the bullish momentum currently driving the industry.

In recent trading sessions, Bitcoin has surged close to its record high, driven in part by a GOP (Grand Old Party) victory in the U.S. elections. Analysts have set their sights on a potential milestone of $100,000 per Bitcoin, though reaching this level will likely be challenging.

Many investors are expected to take profits just below this mark, aiming to capitalize on the anticipated surge without risking a market reversal at the symbolic six-figure threshold. Bitcoin’s potential to break through the $100,000 level brings more than just symbolic significance.

Such a rally would likely impact altcoins, especially meme coins, which tend to follow Bitcoin’s trajectory. Among the meme coins positioned to benefit from this trend, Pepe Unchained stands out, having already raised $25 million.

Pepe Unchained layer 2 ICO raises $25.5 million

Pepe Unchained (PEPU) has surged past $25.5 million in its presale, boosted by Bitcoin’s all-time high following Donald Trump’s historic return to the presidency.

This presale has grabbed significant attention, with investors able to buy $PEPU tokens for $0.01239 each using ETH, USDT, BNB, or a bank card—a level of accessibility rare for a presale, helping to drive $PEPU’s growth.

On Wednesday, a large investor bought $83k worth of $PEPU, though it didn’t match an earlier transaction where another investor swapped $200k in ETH for the meme coin.

$PEPU holders can use Pepe Unchained’s staking app, currently offering 94% annual yields, though this rate will drop as more tokens get staked. Over 1.7 billion $PEPU tokens are already staked. Pepe Unchained has taken security seriously, completing audits by Coinsult and SolidProof before launch.

Although the presale end date isn’t set, excitement is strong, especially on Twitter and Telegram, where early community members are eagerly awaiting $PEPU’s first DEX listing. Most expect it to debut on Uniswap, as $PEPU follows the ERC-20 standard.

Pepe Unchained expanding layer 2 ecosystem

Pepe Unchained’s creation of “Pepe Chain” highlights its forward-thinking approach to handling blockchain scalability. This layer-2 solution aims to solve common Ethereum issues like high fees and slow transactions, especially during busy trading periods.

Ethereum currently handles only about 15 transactions per second, which often leads to delays and higher costs. Pepe Chain will address these issues by offering faster, cheaper transactions than Ethereum, appealing to investors and traders who want a smoother trading experience.

It also allows for easy asset transfers between Ethereum and Pepe Chain, easing congestion during peak times. By tackling these challenges, Pepe Unchained aims to be more than a meme coin—it’s positioning itself as a valuable project that can compete with established coins.

The team has also launched the “Pepe Frens with Benefits” program, which gives grants to developers interested in building on Pepe Chain. Grant applications open in Q4 2024 and can be easily submitted on the website, with regular reviews by the Pepe Council.

This initiative shows Pepe Unchained’s dedication to becoming the top platform for meme coins, sparking curiosity about its future potential.

We're proud to announce a massive new upgrade to the Pepe Unchained Ecosystem.

Pepe's Pump Pad