There’s a huge buzz around meme coins right now, and a new presale is taking the market by storm.Pepe Unchained ($PEPU) has hit the $1 million total raised mark in presale, just one week after its launch.
A utility-driven twist makes Pepe Unchained a favourite with meme coin fans and more conservative traders.
The “Pepe bloodline” is growing by the day, but Pepe Unchained is the only Pepe-themed crypto with its own layer 2 blockchain.
In fact, it’s one of the only meme coins with its own layer 2.
It’s rubbing shoulders with the $10 billion market cap Shiba Inu, which caused a huge splash with Shibarium in 2023.
But “Pepe chain” is designed specifically for meme coins.
And it carries some game-changing upgrades.
Per its whitepaper, the new blockchain will be significantly cheaper and 100x faster than the main chain.
That’s a massive deal for meme coin enthusiasts.
Now, they can trade meme coins on a chain that is cheap, fast, and rooted in meme culture.
And if that wasn’t enough, users can earn “double staking rewards.”
Staking is live and offers a 1,700% APY – a long shot from Ethereum’s 7% APY.
However, this will decrease as more tokens are staked.
Its whitepaper explains that by offloading transactions to Pepe Unchained, which has lower operational costs and increased efficiency, the project can provide significantly higher staking rewards.
With meme culture and community rewards at the center of this project’s technological innovations, it is no surprise that analysts are hailing $PEPU as the next meme coin that can explode.
But let’s take a closer look at what they are saying.
Pepe Unchained could be the next 10x meme coin.
That’s the opinion of 99Bitcoins, which just posted a deep dive video about $PEPU on YouTube.
“This is quite exciting considering how large Pepe coin is and how well some Pepe-inspired projects do,” said the analyst.
He continued, “It’s a very cool ecosystem with some strong staking rewards.”
Meanwhile, ClayBro waded for his audience to take advantage of Pepe Unchained’s high staking APY.
“You guys need to pay attention to this because that’s a lot of money to be made, and all you have to do is sit on it.”
The analyst also highlighted that Pepe Unchained has launched at an ideal time to generate gains.
“Cryptocurrency prices have been pulling back over the last couple of weeks, and it’s just starting to recover. Pepe Unchained is launching at the perfect time,” he said.
With such interest from top industry figures, there’s every chance this project could go all the way after its presale.
Piggybacking on the hype of Pepe, the market’s third-largest meme coin, Pepe Unchained has a captivating blend of recognisability and innovative mechanisms. Shiba Inu did something similar.
Like Pepe, Dogecoin relied on memetic power. No utility. No promises.
However, Shiba Inu served the market’s demand for a cute dog coin with utility.
Because of that, SHIB is the world’s second-largest meme coin today.
But Pepe has yet to find the Shiba Inu to its Dogecoin. Could that be Pepe Unchained? Only time will tell.
While holding a viral meme coin allure, Pepe Unchained has real staying power through its meme coin-focused layer 2 network.
The meme coin market is valued at $49 billion – which is more than enough liquidity for Pepe Unchained to grow.
But those looking to buy the new project should act fast. The Pepe Unchained price will rise throughout the presale, with the next increase in one day.
So don’t miss the chance to join this captivating project at its rock-bottom price.
Follow Pepe Unchained on X or join its Telegram community for the latest developments. Alternatively, visit its website to buy and stake tokens.
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