A crypto investor, who reportedly made a 150x profit on Pepe Coin (PEPE), has now turned his attention to Little Pepe (LILPEPE). The new Layer 2 blockchain project has already raised over $25 million through its presale, catching the interest of early investors hoping to get in before listings go live. With most tokens sold, LILPEPE is approaching its final presale stages.
The Little Pepe presale has already passed the $25.12 million mark in the aggregate fund collected. More than $15.58 billion of the presale tokens are sold out at press time with the current price of $0.0021 per token, which is 110% up from the Stage 1 price of $0.0010. Stage 12 is almost complete, with about $353,508 remaining to raise, marking roughly 98.9% completion. The next stage price is set at $0.0022.
A trader, who was a famous member of the community in terms of trading in PEPE, clarified that he purchased PEPE when it was at an early stage and sold it after 150x. LILPEPE takes me back to that time — the same hype with technology behind it. Not only meme coin investors but also more general crypto traders are also attracted to the project because it is offering utility-backed coins. The format of the staged presale also seems to have added to the hype, as previous rounds sold faster than anticipated. The price was slightly higher in each round, and this encouraged many buyers to buy earlier, before the price could go up.
Little Pepe is developing its own blockchain, unlike most meme coins. It is an EVM-compatible Layer 2 chain that concentrates on quick and low-cost transactions. When compared to the mainnet of Ethereum, users can anticipate near-instant finality and extremely low gas costs. The platform is built to mitigate risk among common crypto users. Its smart contracts are constructed with anti-rug and anti-bot security. The Ethereum applications can be transferred to the blockchain with little effort since the blockchain supports Ethereum applications. This assists in the expansion of the ecosystem and provides existing Ethereum developers with a new location to develop.
The supply of LILPEPE is constant: 100 billion tokens. This comprises 26.5% that it assigns to the presale. The operational reserve of the blockchain is also allocated to another 30%. The staking rewards will be 13.5%, and 10% will be allocated to liquidity, centralized exchanges, and marketing, respectively.
The team also works on a meme coin launchpad. The platform will enable the user to generate new meme tokens in a more secure and safer structure. The features on the launchpad will be accessible with the usage of $LILPEPE, and they may provide value to the token post-launch.
There will be staking options to reward holders who decide to lock up their tokens as opposed to selling them in the market. This would assist in quieting down the short-term sell-off when the token goes to exchanges.
Little Pepe is conducting a $777,000 giveaway campaign to raise awareness. Ten winners will get tokens of LILPEPE worth 77,000. Any individual making a minimum investment of 100 in the presale is eligible. On top of this, the Mega Giveaway rewards the biggest presale buyers with Ethereum: the top buyer wins 5 ETH, the second 3 ETH, the third 2 ETH, and 15 lucky buyers get 0.5 ETH each.
https://twitter.com/littlepepetoken/status/1963648061063999860
This strategy has enabled LILPEPE to trend in crypto Twitter and Telegram groups. On-chain data indicate that more than one million wallets have already gotten into the presale. The team has ensured the giveaway tokens are within the marketing allocation and will not impact liquidity or presale reserves.
Nearly all presale tokens have been sold, several stages have closed earlier than expected, and now, Little Pepe remains an engaging topic. Investors such as James are making new bets on the basis of prior experience with meme coins. The official site gives the last presale price prior to the launch as $0.0022. The exchange listing is likely to be soon. The following milestones of the project are the launch on key platforms and the deployment of its Layer 2 chain.
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