Things are looking up for joke tokens enthusiasts – meme coin are pumping again.
Double-digit gains are prevalent across the board, and new presales like Pepe Unchained ($PEPU) are amassing huge momentum.
Currently undergoing a presale, Pepe Unchained has just crossed the $15.6 million raised mark.
Meme coin total market cap is about to break out, $PEPU primed for gains
A new meme coin season might be underway.
Currently, the sector’s total market cap is at its highest point in over a month and rapidly approaching a crucial resistance level.
It’s at $52 billion and only needs to gain another $2 billion to break its July resistance, which would create a higher high and signal an end to the summer’s bearish downtrend.
But clearly, traders are not waiting for confirmation. Meme coin prices are soaring higher.
Respected analyst Bluntz is calling for a “meme coin super cycle,” alluding that joke tokens will see unprecedented gains in the coming months.
Today, all the top meme coins are deep in the green, but Pepe coin is leading the way.
At press time, Pepe has booked a whopping 16% gain.
And now, Pepe’s utility-rooted cousin, Pepe Unchained, is experiencing significant capital inflows, raising over $300K today.
But it’s not just meme coin degens who are investing – respected industry figures are also backing $PEPU.
For instance, ClayBro, a prominent YouTuber with over 130K subscribers, says that it is “closing in on major gains.”
“It is incredible the steady growth that is occurring. Pepe Unchained is truly setting itself apart as something we haven’t seen before,” he said.
“Pepe now has his own blockchain” thanks to Pepe Unchained
For investors around in 2020 and 2021, Pepe Unchained’s narrative may sound familiar.
Back then, Dogecoin dominanted the meme coin space – not just by market cap but also by attention.
However, Shiba Inu managed to rub shoulders with DOGE (and it even flipped it one time) by marketing itself as ‘Dogecoin with utility.’
Now, Pepe Unchained is taking the same approach, saying “Pepe now has his own blockchain.”
And it’s not just a gimmick. Pepe Unchained is tackling Ethereum’s pervasive scalability issue.
Ethereum is the most decentralized and secure smart contract blockchain, but it has always lagged regarding scalability. We won’t get too deep into that, but just know that the tradeoff for security was high fees and slow speeds.
However, developers are tackling Ethereum’s scalability problems through layer 2 blockchains. These are separate networks built on Ethereum that handle some of its transactions.
Layer 2s are faster and cheaper, and according to L2Beat data, adoption is thriving.
But Pepe Unchained is the first project to create a Pepe-themed Ethereum layer 2 blockchain.
It’ll be 100x faster and much cheaper than the Ethereum main network. It also boasts a dedicated Ethereum bridge, a block explorer, a staking mechanism, a decentralized exchange, and more.
At a time when all eyes are on Pepe, Pepe Unchained presents a captivating alternative that delivers real value.
Buy $PEPU at presale ahead of impending product launch
The Pepe Unchained presale offers investors a chance to participate from the ground up.
Immediately as the token lists on exchanges, the Pepe Chain will go live.
Presale contributors are the only ones who can buy $PEPU before this launch.
This could prove a massive opportunity as the masses wake up to the potential of a Pepe-themed layer 2.
Follow Pepe Unchained on X or join its Telegram for updates. Alternatively, visit its website to buy and stake tokens.
