Despite the recent turmoil in the crypto market for various reasons last week, meme tokens provided traders with relief. One major player among them was the PEPE token.
Crypto enthusiasts must have heard about PEPE. Despite the recent turbulence in the crypto market for various reasons last week, meme tokens provided traders with relief. One major player among them was the PEPE token. But now it seems there’s a new competitor in the market that could replace it. Its name is Pepu – Pepe Unchained.
Let’s find out more about Pepu and how it compares to PEPE.
Current Market Condition of Pepe
At the time of writing, Pepe is currently trading at $0.000008924. Despite a 21% drop last week, crypto enthusiasts still love this token. However, Pepu Unchained is now attracting investors’ attention more.
What is Pepu?
While PEPE has been profitable, Pepu is now in the spotlight. This new meme token is already drawing attention from crypto whales. Its ongoing presale is gaining so much traction that it’s become a rival to PEPE. This could be because Pepu promises real-world utility.
Pepu’s Position
Pepe Unchained is currently in its presale phase with a price of $0.0083258. It has already raised $2.7 million. Only 20% of the total supply will be available in the presale.
After the presale, Pepu will launch, with 30% of the supply reserved for staking rewards, 20% for marketing purposes, and 10% for providing liquidity on decentralized exchanges.
Special Features of Pepu
The entire crypto community is troubled by high fees and slow speeds on the Ethereum network, especially when it comes to meme tokens. Pepu aims to solve this by introducing an L2 solution on the ETH network.
This L2 blockchain will have more TPS. It will also utilize Ethereum’s security while enhancing scalability and transaction efficiency.
Pepe unchained will also offer instant bridging between Ethereum and the Pepe chain with the lowest transaction fees and 100 times faster transaction volumes than ETH.
Pepu blends meme culture with technical power. Cherry on the top, it offers attractive staking rewards. According to its official website, it promises a 686% annual yield.
This may sound impressive, investors should conduct their own research before making any decisions. The crypto market is highly volatile, & as stated on their website, “This is for Lolz.”
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