The post Pepe Unchained Presale Raises Over $3M – Meme Coin With L2 Backed to 100X appeared first on Coinpedia Fintech News
It’s been a thrilling debut for Pepe Unchained ($PEPU), which has raised $3 million in its presale.
And now, as the crypto market begins to regain bullish momentum, success is expected to ramp up for the new meme coin.
Another chain broken!
Pepe officially hits $3M! Thank you for the incredible support. The journey is just beginning.
pic.twitter.com/yySoWoXaCa
— Pepe Unchained (@pepe_unchained) July 10, 2024
Move over joke tokens, Pepe Unchained is changing the game
Meme coins have caused an undeniable buzz in 2024 but Pepe Unchained is raising the bar.
The sector has frequently outperformed the market and continues to evolve at an exponential rate.
Investors are drawn to these meme coins due to their community-first nature – which is the essence of crypto.
Amid the widespread adoption, the sector’s total market cap has risen to above $40 billion.
Yet, with investment flooding in, developers have been empowered to build increasingly sophisticated use cases.
While many meme coins started as jokes with cute animal mascots and no technological prowess, the sector is shifting into something revered and cutting-edge.
For instance, Pepe Unchained is building a layer 2 blockchain to tackle Ethereum’s scalability issues.
Meme coins will no longer be joke tokens – they’re becoming the community-centric facet of crypto’s technological revolution.
$PEPU is the meme coin with its own layer 2 blockchain
Transaction fees on Ethereum can get sky-high in the peak bull market.
To combat this, developers have built separate but connected blockchains that handle some of Ethereum’s transactions.
They bundle these transactions up, which uses less computing power and makes them cheaper and faster.
The rise in layer 2 blockchains has been nothing short of remarkable.
Projects like Arbitrum, Optimism, and Polygon have engineered a path to low-cost and fast transacting while retaining Ethereum’s security.
Data from L2BEAT shows that transactions on layer 2 networks have risen exponentially this year, with over 20x more activity now taking place on layer 2s than on the Ethereum main net.
But until now, there is no layer 2 dedicated solely to meme coins.
That was until Pepe Unchained emerged.
Embodying the memetic essence of its frog-themed cousin Pepe coin, Pepe Unchained is developing a new home for meme coins.
It will be 100x faster, much cheaper, and have a native block explorer and Ethereum bridge.
And with lower operational costs than the Ethereum main net, Pepe Unchained users can garner outstanding staking rewards.
Currently, staking provides a staggering 599% APY. Indeed, it won’t always stay this high. As most tokens are staked, the rewards will decrease.
In addition to its groundbreaking use case, these high staking rewards are a big reason for traders scrambling to get in early.
Pepe Unchained raises $3 million, and analysts think it can 100x
Unscathed by the market’s recent bearish momentum, Pepe Unchained has emerged and successfully raised $3 million in presale funding.
It’s a huge milestone, but analysts are bracing for continued success as the project develops.
In a recent YouTube analysis, 99Bitcoins, which boasts 700K subscribers, backed Pepe Unchained for 100x gains.
The analyst argues that Pepe Unchained’s success amid market turmoil reflects its massive appeal.
“Pepe coin is crashing, but we have this new 100x potential meme coin that could save the day.”
Those were the opening words of the analyst before he hailed the project’s presale success and use case.
“It’s been going absolutely crazy and seeing significant gains,” he continued.
The project has also been praised by industry experts like Jacob Bury and ClayBro.
Currently, investors can buy Pepe Unchained at a discounted presale price of $0.0083591, but this will rise as the campaign advances.
The next presale price increase will occur in just under one day.
As such, there’s no time to spare for those seeking the most value.
So don’t miss the new layer 2 meme coin. Follow Pepe Unchained on X or join its Telegram for the latest updates. Alternatively, visit its website to buy and stake tokens.
