Pepe Price Soars 18% Today as Pepe Unchained Layer 2 ICO Surpasses $15M Milestone

Pepe shows bullish signs with over a 25% increase this past week, while Pepe Unchained passed $15 million in its presale, raising the question: Are frog meme coins back?

From a technical analysis standpoint, several indicators point to potential further gains for Pepe, making it a token worth keeping an eye on.

In addition, the project Pepe Unchained raised $15.5 million and aims to support the creation of meme coins while building a dedicated blockchain for Pepe.

Pepe’s market cap is now at $3.44 billion, reflecting an 18.18% daily increase and signaling bullish momentum. Trading volume surged 70% in the last 24 hours, approaching $1.4 billion. This activity places Pepe as the 10th most traded cryptocurrency, despite being ranked 24th overall, showcasing the growing interest in the token.

Recent price action shows a macro downtrend on the daily charts, but recent movements indicate optimism. After reaching a low of $0.00000591 in early August, Pepe has consistently risen over the last three weeks, further confirming its bullish nature.

Potential breakout zones for Pepe are becoming clearer. A breakout in the coming days could trigger an 8% rise, targeting a previous unconfirmed lower high. If the token follows a key trendline and retests support, continued upward momentum could drive prices even higher.

A breakout along the macro trend could result in a 37.2% surge. Longer-term targets suggest a bullish outlook, with Fibonacci levels aligning with key support zones. This points to a potential 10% rise if current momentum holds.

Pepe’s long-term forecast indicates that the meme coin could retest its all-time high of $0.000017 by 2025. Achieving this will depend on a strong bullish return that could fuel a major rally, aligning with this month’s shift in market sentiment favoring the bulls.

A new project is getting a lot of attention by combining two popular trends in the crypto market: meme coins and layer-2 scaling solutions. Pepe Unchained (PEPU) has already raised $15.5 million in its presale, offering faster and cheaper transactions for meme coin traders.

During the presale, investors can buy $PEPU tokens at a fixed price of $0.00986 before they hit the open market. After the presale, the team plans to list the tokens on a DEX, followed by a CEX listing if everything goes as expected.

The team has made joining the Pepe Unchained presale easy. All investors need is a crypto wallet (like MetaMask) and some ETH, USDT, BNB, or a credit card. After the presale, participants can claim their $PEPU tokens. There’s also an option to stake these tokens during the presale, offering a current yield of 136% APY.

Pepe Unchained aims to stand out from other meme coins by building a layer-2 network called “Pepe Chain.” This network provides instant bridging to Ethereum, lower transaction fees, and speeds up to 100x faster than Ethereum. The team is also working on a custom DEX for Pepe Chain.

Pepe Unchained L2 Sneak Peek!

What we're building is not just a new chain, but an entire ecosystem.