A new meme coin called Pepe Unchained ($PEPU) is making headlines in the meme coin space. After witnessing high investor traction, it has just soared past the $10 million mark in its ongoing presale.
It aims to radically change how meme coins work by building its own layer-2 network that solves some of the biggest challenges blockchains face.
Disrupting Meme Coins with a Layer-2 Network
Pepe Unchained plans to redefine meme coins by creating its own Layer-2 network, the “Pepe Chain.” It wants to be more than just another funny internet coin, so it has built its network to solve Ethereum’s problems.
A Layer-2 network works like a fast lane, making Ethereum’s “highway” less crowded. As a result, transactions are relatively quicker and cheaper without sacrificing safety.
The platform also offers a ‘block explorer’ for tracking transactions in real time, which makes the whole network much more transparent.
Pepe Unchained has a bridge that lets you quickly move between Pepe Chain and Ethereum. This is a big change from how typical meme coins work.
As a result, the early investor response was impressive with an engaged community forming quickly. Over 11,000 people have followed Pepe Unchained on X (formerly Twitter).
It’s worth noting that SolidProof and Coinsult have audited Pepe Unchained’s smart contract to ensure its safety.
$10M Milestone Fuels Excitement for PEPU’s Upcoming DEX Listing
$PEPU is already trending among the investor community, as the presale has just crossed the $10 million mark. This is quite impressive since it only launched on June 16th. In just a couple of months, Pepe Unchained has done better than many of the other presale projects on the market.
At the time of writing, early buyers still have a chance to grab $PEPU token for a discounted price.
The presale accepts ETH, BNB, USDT, and credit or debit cards and you can buy $PEPU for just $0.0092364. However this price is set to rise in jst a few hours.
We don’t know exactly when the platform’s new network (Pepe Chain) will launch, but many investors are getting excited on social media. In addition to high traction on X, nearly 6K people have joined Pepe Unchined’s Telegram group.
Adding to the hype is the high staking yield available for presale investors. Those who get in at this price stage can enjoy an impressive staking yield of 197% but this will go down as more join the staking pool.
Pepe Unchained’s team plans to use the presale funds to build their Layer-2 network and prepare $PEPU for going live on decentralized exchanges (DEXs).
The platform could stir even more excitement if the DEX launch goes well. Based on its progress thus far, Pepe Unchained could have a bright future ahead of it.
Crypto Analysts Support Pepe Unchained as It Redefines Meme Coins
Not only are investors interested in Pepe Unchained, but so are the biggest names in crypto on YouTube. Austin Hilton has talked about the project, and ClayBro, who is known for finding low-cap gems, even said he thought it might “100x.” This traction has made people even more excited about the project.
The Pepe Chain hasn’t reached its full potential yet, but the options are definitely interesting. Think of meme coins not only as investments but also as a cheap way to make payments to other people or even as an important part of metaverse ecosystems. This is something that Pepe Unchained’s team seems eager to look into.
Pepe Unchained is setting itself up to be a real leader in this field by being the first-ever meme coin to launch its own layer-2 blockchain.
While most meme coins are just about hype, PEPU is trying to push the limits of what a meme coin can do.
With all this going on, many investors will probably be watching Pepe Unchained closely in the latter half of 2024, especially as it prepares for a DEX launch.
