Pepe Unchained ($PEPU) is making waves in the cryptocurrency world, raising $2 million in less than two weeks.
The company is captivating the cryptocurrency market with its own Layer 2 blockchain on Ethereum, offering a faster and upgraded version of the original Pepecoin, which it hopes will position itself as the “best Pepecoin” and dethrone the original $PEPE.
The platform’s native $PEPU token is currently available for just $0.0082267, however, the price will quickly rise to $0.0082596 within the next two days once the presale progresses to the next stage.
Many investors are backing this upgraded version of Pepe, with hundreds of thousands of dollars being raised each day during the presale, providing a strong argument that it will likely be listed on a major exchange in the future, causing a price surge.
Pepe Unchained launches its own Layer 2 blockchain
$PEPU is becoming extremely popular because it is “free” from the limitations of Ethereum, and has its own Layer 2 chain, which allows for faster transactions and lower gas fees.
Something big is loading…
Pepe’s very own blockchain is coming soon. Stay tuned for the revolution 🐸🚀 pic.twitter.com/z7zuSVX9yY
— Pepe Unchained (@pepe_unchained) June 28, 2024
The platform is building a brand new blockchain ecosystem where other new meme tokens can be launched. This new ecosystem also has its own blockchain explorer to help facilitate transactions and transparency.
Recently, a whale sold $700 billion worth of $PEPE tokens for a huge loss of $3.47 million. Many investors speculated that this could be the end of the original frog meme coin. However, the newly launched frog coin has made huge profits, showing that demand for the amphibians remains strong.
Newly launched frog meme tokens, PeiPei and Hoppy, are up 178% and 69.9% this week, respectively, but they lack the broad utility that Pepe Unchained offers and are subject to extreme volatility.
You can join the Pepe Unchained Telegram group to keep up with the latest news and project progress.
Most Pepe-themed coins are falling, but $PEPU is rising
The overall market capitalization of meme coins has fallen by nearly 3% in the past 24 hours, with the market cap at just over $50 billion at the time of writing.
Over the past few days, trading volume across all meme coins has increased to $3.9 billion, but overall market capitalization has decreased, indicating that investor interest in most meme coins is rather waning.
$PEPE has struggled to break out of the bear market, dropping roughly 13% over the past week, while similar Pepe-themed tokens such as $PEPECOIN and $PORK have fallen roughly 6% over the past day.
Meanwhile, Pepe Unchained has continued to capture investor attention as it passed the $2 million milestone during this time. This success has many excited for the upcoming release of its own blockchain, putting $PEPU in the spotlight.
Are investors starting to think that the new “unchained” Pepecoin could generate bigger profits? This could be because the new coin is not limited by the same technical issues as the old one.
$PEPU offers high staking rewards to early investors
Pepe the Frog has truly stood the test of time. It is still pretty famous and known by many as the “King of Memes”. It is unique in that it is driven by a strong community, not influencers or big investors. It is this community spirit that has made the meme coin a success.
Now there’s a new version called Pepe Unchained, which uses the same frog character but uses Layer 2 technology, making this latest version faster and cheaper to use than the original.
Pepe Unchained is also offering huge staking rewards to early investors who stake their tokens, with up to 910% APY available at the time of writing.
With roughly $174 million in PEPU tokens already staked, it’s clear that the community is committed to holding for the long term. Please note that as more investors join the staking pool, rewards (APY) will decrease.
Meme coin enthusiasts believe that $PEPU could be the next big meme coin. In fact, popular YouTube channel 99Bitcoins, which has over 700,000 subscribers, pointed out that $PEPU could potentially generate a 10x return for early investors.
To buy $PEPU tokens, visit the Pepe Unchained presale page, connect your cryptocurrency wallet and purchase $PEPU using ETH, BNB or USDT. Credit card payments are also accepted.
Buyers can follow Pepe Unchained on X (formerly Twitter) to stay up to date on presale information.
Visit Pepe Unchained
