Ethereum News Today: Little Pepe Stage 7 Presale Sells Out in 72 Hours Raising $11.225M on Ethereum-Compatible Layer 2 Infrastructure

The meme coin project Little Pepe ($LILPEPE) has sold out its Stage 7 presale in under 72 hours, raising $11,225,000 and allocating 8.25 billion tokens to date. The rapid depletion of Stage 7’s token allocation, priced at $0.0016, reflects strong investor demand for the project, which combines a meme-themed concept with Ethereum-compatible Layer 2 infrastructure [1]. Built on the Little Pepe Chain—an EVM-compatible Layer 2 network—the project emphasizes low transaction fees, high throughput, and seamless integration with Ethereum-based tools [1]. This technical framework differentiates it from traditional meme coins, which often lack such infrastructure. The presale’s success follows prior stages that raised over $6.575 million, including Stage 6, which launched at $0.0015 per token [2].

The Stage 7 sell-out underscores growing confidence in the project’s roadmap, which includes incremental price increases across stages and a focus on utility-driven development. With Stage 8 now underway, the token price has increased further, aligning with the project’s strategy to create scarcity as it progresses toward public listings [1]. The team views the rapid sellout as a validation of its vision to merge meme culture with scalable blockchain technology, positioning Little Pepe as a next-gen Layer 2 network with a focus on accessibility and developer incentives [1].

Market observers have linked the project’s success to broader trends in the meme coin sector, where social media-driven speculation and community engagement often drive short-term momentum [2]. Analysts note that while Little Pepe’s technical infrastructure sets it apart, the sector remains highly volatile, with returns largely dependent on market sentiment rather than traditional metrics [4]. The project’s presale pace—raising $11.225 million in under three days—has drawn comparisons to other viral crypto initiatives, though its Ethereum-based Layer 2 approach is less common in meme coin projects [1].

The event highlights the competitive landscape of the meme coin space, where projects leverage social media hype to attract capital. For example, a Solana-based token recently reported $47.3 million in presale revenue, illustrating the scale of such campaigns [6]. However, Little Pepe’s ability to secure rapid funding positions it as a key player in a niche that blends entertainment and utility. Regulatory uncertainties persist, as authorities globally evaluate how to address unregulated, community-driven tokens [4].

The Little Pepe presale’s rapid sellout demonstrates the interplay between internet culture and blockchain innovation. While the project’s technical framework and fundraising progress suggest a structured approach, investors are urged to weigh the speculative nature of meme coins against potential risks. The broader implications for the crypto industry remain unclear, but the event underscores the growing influence of social media in shaping financial trends [2][4].

Source:

[1] [Bitcoin.com Press Releases](https://news.bitcoin.com/category/press-releases)

[2] [InteractiveCrypto Article](https://www.interactivecrypto.com/72-hour-sell-out-little-pepes-presale-sold-out-in-les)

[4] [Investing.com Cryptocurrency News](https://www.investing.com/news/cryptocurrency-news)

[6] [Facebook Group 1](https://www.facebook.com/groups/250968057873111/posts/781119041524674/)