The article discusses the success of Pepe Unchained ($PEPU) in raising over $9 million in its presale, showcasing a rapid increase from $8 million. The token operates on its own Layer 2 chain on Ethereum and has attracted significant investments, including a mysterious whale putting $3.13 million into Pepe during a market dip. There has been a surge in Ethereum Layer 2 solutions activity, with Coinbase’s Base chain reaching 3.6 million transactions and all Layer 2 protocols collectively handling 12.44 million transactions. This growth in Layer 2 activity, combined with the hype around Pepe Unchained, has led to prominent Web3 influencers such as Austin Hilton promoting $PEPU to their subscribers.
The ongoing excitement around Pepe Unchained is expected to push the token to $10 million before the second-month anniversary of its presale. Investors can currently purchase $PEPU at $0.00909010, the lowest price remaining for the presale period. The token offers staking rewards of over 218% APY, lower fees, and faster transaction speeds compared to leading ERC-20 meme coin competitors. With the potential listing on exchanges post-ICO, buying into Pepe Unchained at this stage could present an opportunity for significant returns. An initial investment of $100 could yield over 11,000 $PEPU tokens.
Pepe Unchained represents the evolution of the original Pepe meme coin ($PEPE), which is the third-largest meme coin in the crypto market with a market cap of $3 billion. The Pepe meme first gained popularity as a global phenomenon in the noughties through Max Furie’s webcomic Boy’s Club and later became a symbol during the 2019-2020 Hong Kong protests. Pepe Unchained stands out by being the first Pepe token to operate on its own Layer 2 blockchain, offering improved transaction speeds and cost-efficiency compared to Ethereum. The token aims to maintain the playful spirit of Pepe ownership while providing utility and staking opportunities for investors.
Pepe Unchained’s Layer 2 solution addresses Ethereum’s scalability issues by processing transactions independently on a side chain before adding them to the main blockchain ledger. The token boasts a dedicated block explorer to track transactions on the Layer 2 and allows for instant and cost-effective bridging between Pepe Unchained and Ethereum’s Layer 1. The project has undergone thorough audits by Coinsult and SolidProof, with no critical issues detected in its smart contract. Investors looking to diversify their meme coin portfolios and tap into the potential of significant staking returns and trading opportunities could find Pepe Unchained to be a promising investment option.
As the Pepe Unchained presale continues to attract investors, reaching new milestones and setting records for meme coins and Layer 2 protocols, individuals interested in participating are encouraged to visit the presale website to get involved. However, it is crucial to note that cryptocurrency investments carry high risks, and individuals should conduct thorough research and consider the potential loss of capital before investing. This information is provided for educational purposes and should not be considered as investment advice.
