Move over, Pepe. A new frog-themed meme coin is making waves.
Pepe Unchained (PEPU) is creating a buzz after raising over $1.5 million in the first 15 days of its presale.
There are also plans to launch its own Layer 2 network, making PEPU appear to be more than just a meme coin with no practical use.
Pepe Unchained jumps on the Layer 2 bandwagon
A Layer 2 network is like a fast lane on a busy highway.
These will help speed things up and reduce traffic congestion (which leads to high tolls).
These Layer 2 networks process transactions from the main blockchain, consolidate them, and send them back for final approval.
This year has seen a huge explosion in popularity for Layer 2’s like Base and Blast.
These chains hold billions of dollars of Total Value Locked (TVL).
And now Pepe Unchained is coming onto the scene, but with a twist: its layer-2 network will be built specifically for meme coins.
The aim is to create a network where meme coin enthusiasts can send and receive tokens in seconds instead of minutes.
Not only that, but the transaction fees will be a fraction of those of Ethereum.
This is all part of Pepe Unchained’s goal to make meme coins more accessible and enjoyable for everyday investors.
Adding to the project’s appeal is its Pepe-themed aesthetic, which embraces the meme coin culture that many know and love.
PEPU Presale Continues to Succeed, Surpasses $1.5 Million Milestone
Since pre-sales began on June 16, “Pepe Unchained” has raised more than $1.5 million.
That means roughly $100,000 is flowing in every day.
Talk about making an impact.
Interested investors can purchase PEPU tokens for just $0.008193 per token.
However, that price won’t last forever and will likely increase as pre-sales reach further milestones.
The focus on the community is clear, with 20% of the 8 billion token supply being reserved for pre-sale investors.
Importantly, there are no team assignments.
This is an unusual move for meme coins, as most creators allocate a portion of the token to themselves.
This “community first” approach could be a big selling point for Pepe Unchained.
Additionally, the project has already been audited by both SolidProof and Coinsult.
The fact that Pepe Unchained was audited twice even before launch shows the team’s commitment to transparency.
Staking rewards and community growth set the stage for PEPU’s success
Pepe Unchained sets itself apart with its “double staking” protocol.
The protocol has an estimated annual return of 1,133%.
As investors hold more PEPUs, the yield will fall, but it will still be enough to attract investor attention.
Over 141 million PEPU tokens were staked before the developers officially launched the project.
This is a big show of confidence from investors early on.
Once the presale is over, the Pepe Unchained team is looking at a DEX listing.
Specific dates and platforms have not yet been revealed.
But there are already over 4,400 people following the Pepe Unchained Twitter page, so there’s a fair number of people eagerly awaiting its open market debut.
Adding to the buzz is the fact that PEPU is ranked second on CoinSniper.net.
The site reviews and rates upcoming token launches, and such a high ranking suggests that Pepe Unchained is already garnering a lot of attention.
So, is PEPU going to be the next big meme coinstar this year?
There’s no way to judge this early, but given its Layer 2 ambitions and high staking rewards, it’s certainly establishing itself as a token to watch.
Visit Pepe Unchained Presale
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