The meme coin market is in the middle of a rebound, with many top meme coins up double digits. Floki, PepeCoin, and Popcat, which soared by 10-35% over the last week.
The viral Pepe Unchained (PEPU) project has hit a new milestone during its ICO, having raised $11 million as it prepares for its DEX launch.
With its promises of an innovative Layer 2 framework and a strong Pepe-inspired theme, the coin is garnering attention from both degen and utility-driven investors.
Let’s look at why crypto experts believe it could help resolve the issues meme coin developers have with ETH and why it could be the next meme coin to explode.
Pepe Unchained Gets Ready For Launch Amidst Market Rally
The meme coin market is in the midst of a rebound, with many top meme coins up double digits. Floki, PepeCoin, and Popcat, which soared by 10-35% over the last week.
However, Pepe Unchained’s utility-driven ecosystem may propel it even higher once it joins the market. It intends to build a Layer 2 framework on top of Ethereum’s network to offer transaction speeds up to 100x faster than Ethereum, or up to 1,500 transactions per second.
The Pepe Unchained Layer 2 network will also have lower gas fees, meaning traders and investors will keep more of their profits, encouraging them to invest more.
Pepe is preparing to launch his own Layer 2 blockchain solution soon:
Instant bridging between ETH and Pepe Chain
Lowest transaction fees
100x faster transaction speeds compared to ETH
Dedicated Block Explorer
Get ready to join the future with Pepe Unchained! ?⛓️ pic.twitter.com/9gxNnddMyq
— Pepe Unchained (@pepe_unchained) July 18, 2024
Furthermore, it will have a dedicated block explorer to help traders and developers navigate its blockchain, with support for instant bridging between the PEPU chain and ETH.
With all these benefits combined, the Pepe Unchained Layer 2 environment seems ideal for meme coin developers who want to keep using ETH while avoiding its downsides.
Pepe Unchained Presale Meets Another Funding Goal As Investor Interest Grows
After raising an average of $1 million weekly this month, Pepe Unchained’s ICO has surpassed the $11 million mark today. Currently, PEPU costs $0.0093851 each, but that price will change soon.
PEPU’s ICO employs a dynamic pricing model, meaning the price of its token increases each time it meets a funding goal or enough time passes. Currently, PEPU needs just under $300,000 to pass its next milestone, and there are less than two days left on its timer.
Besides offering cheaper PEPU tokens, Pepe Unchained’s dynamic ICO also favors early investors with better staking rewards. By staking PEPU, investors can nearly double their token holdings within a year, as the presale’s staking program currently offers a 182% APY.
Crypto ZEUS, a crypto YouTuber with nearly 80,000 subscribers, advised his viewers to take a look at Pepe Unchained in a recent video. He believes PEPU’s utility and active community can propel it to become the next PEPE.
PEPE COIN HOLDERS!!!? *THIS* COULD BE VERY BIG!!! ??? PEPE BLOCKCHAIN ?! ? NEXT PEPE ?!
PEPU’s presale is easy to get into, and there is no minimal investment required. Investors can purchase the token using ETH, BNB, USDT, or a credit or debit card.
Token holders will have access to their PEPU tokens once the presale ends. Once this happens, the token will launch on DEXs, and officially launch its layer 2 network.
Robust Fundamentals And Rock-Solid Security Lead To Mass Expert Attention
There are three main factors behind PEPU’s hype wave: excellent fundamentals, community focus, and robust security.
Pepe Unchained allocated 20% of its $8 billion total token supply to the presale, with 30% more going to staking. Another 20% goes to marketing, helping PEPU grow its audience to over 12,000 followers on X (Twitter) and more than 6,000 on Telegram.
Security-wise, Pepe Unchained dedicated 10% of its total token supply to liquidity, minimizing slippage and reducing the risk of a rug pull. The project’s smart contract has also been audited twice, once by SolidProof and once by Coinsuit.
Its remaining 20% of the total token supply is reserved for project finance and the development of its Layer 2 network, which has experts optimistic about its future.
ClayBro, a crypto expert, encourages his 130,000-strong YouTube audience has been following the token’s development from its inception. He believes PEPU has a bright future in the meme
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