Pepe Unchained has taken the cryptocurrency world by storm, raising $13 million in its ongoing presale.
The project is building a layer-2 blockchain for meme coins as an alternative to Ethereum and has received strong backing from investors and analysts. Let's take a look at why so many are bullish on Pepe Unchained ($PEPU).
Meme culture meets blockchain innovation
Ethereum, as a layer 1 blockchain, is slow and expensive for meme coin transactions: it can handle an average of 15 transactions per second, costing an average of $1 per transaction made during low congestion times.
This figure could go even higher, as seen when the cost of trading for Otherside land NFT mints rose to as high as $474.
For those who want to trade meme coins frequently, a slow and expensive blockchain can be unsustainable and significantly reduce the profit potential. To solve this problem, Pepe Unchained is building a Layer 2 blockchain solution that bundles multiple transactions together and sends them to the Ethereum Mainnet to settle as a single transaction.
As a result, Pepe Chain can be 100 times faster than Ethereum at a fraction of the cost, and as meme coins grow in popularity, the Pepe Unchained Layer 2 solution has the potential to become a significant meme coin trading hub.
By building its own layer-2 solution, Pepe Unchained is competing directly with other layer-2 projects such as Polygon, Immutable, Arbitrum, and Optimism.
All of the top Layer 2 blockchains have market caps over $1 billion, and many of them have even exceeded $4 billion in the past, indicating that Pepe Unchained has great potential once it releases its blockchain.
The appeal of meme coins
Pepe Unchained is a meme coin built around the iconic “Pepe the Frog” meme. The symbol has gained popularity in the meme coin community, with the original Pepe meme coin trading with a market cap of $3 billion.
This trend has led to the emergence of a number of copycat meme coins like PEPECOIN and APU, but none of these coins have any utility beyond their meme potential, which is why Pepe Unchained has a huge advantage to rise above the rest and become the top frog-themed meme coin.
Additionally, Pepe Unchained has been audited by Coinsult and SolidProof to ensure that smart contracts cannot be exploited, another competitive advantage over its peers as most are not audited.
Crypto influencers like ClayBro are confident that Pepe Unchained will explode after the presale ends.
But Pepe Unchained isn’t the only meme coin building a layer-2 blockchain: Shiba Inu has already built Shibarium, which can be expanded into metaverses and DeFi projects.
Currently, Shiba Inu has a market cap of over $8 billion, but at its peak it was trading at over $40 billion. If Pepe Unchained achieves even a fraction of the success of Shiba Inu, $PEPU could easily reach 100x its current price.
How to participate in the $PEPU presale
The Pepe Unchained presale has already been a huge success, but there is still time for investors to jump in. However, time is ticking, the discounted price of $PEPU tokens will not last long, and the next price increase will come soon.
Presales offer a unique opportunity for early adopters to secure tokens at a low price before the public sale, potentially maximizing revenue once the tokens are listed on major exchanges.
During the presale, investors can lock their tokens in a staking contract and earn a dynamic APR of 157%. Dynamic means that the more tokens staked, the lower the APR will be, making it wise to stake as soon as possible to increase your holdings.
Please note that only purchases made with ETH, USDT, or cards on the Ethereum blockchain are eligible for staking rewards. Investors who do not wish to stake can purchase $PEPU using BNB or USDT on the Binance network.
To find out more about this exciting pre-sale, follow Pepe Unchained on X and join our Telegram channel.
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