Pepe Unchained ($PEPU) is making huge waves in the crypto world, raising $2 million in less than two weeks.
It is captivating the crypto market with its own Layer 2 blockchain on Ethereum— offering a faster and upgraded version of the original Pepe coin. In doing so, it positions itself as the ‘best Pepe Coin’ and aims to dethrone the original $PEPE.
The platform’s native $PEPU tokens are currently available for just $0.0082267. However, the price will soon rise to $0.0082596 in less than two days when the presale moves to the next stage.
Many investors are backing this upgraded version of Pepe, with the presale raising hundreds of thousands daily. This makes a strong case for a future listing on a major exchange that would likely send its price through the roof.
Pepe Unchained is Launching its Own Layer 2 Blockchain
$PEPU is becoming quite popular because it’s “free” from Ethereum’s limitations. It has its own Layer 2 chain, which means it can offer faster transactions and have lower gas fees.
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Pepe’s own blockchain is coming soon! Stay tuned for the revolution 🐸🚀 pic.twitter.com/z7zuSVX9yY
— Pepe Unchained (@pepe_unchained) June 28, 2024
The platform is creating a whole new blockchain ecosystem that could launch other new meme tokens. This brand-new ecosystem will have its own blockchain explorer as well, which will help promote trading and transparency.
Recently, a whale sold 700 billion $PEPE tokens worth $7.83 million, taking a big loss of $3.47 million. Many investors are speculating that this could be the end of the original frog meme coin. However, newly launched frog coins have posted some strong returns, showing appetite for the amphibian is still strong.
Newly launched frog meme tokens, PeiPei and Hoppy, are up 178% and 69.9% this week, respectively. However, they lack the broader utility that Pepe Unchained provides and are subject to huge amounts of volatility.
You can enter the Pepe Unchained Telegram group to stay updated on the latest news and the project’s progress.
Most Pepe-Themed Coins Are Down, But $PEPU Is Getting Stronger
The overall meme coin market cap was down by nearly 3% in the past 24 hours. The market stood at just over $50 billion at the time of writing.
It’s worth mentioning that the trading volumes of all meme coins over the past few days have increased to $3.9 billion while the overall market cap has declined. This showed a rather declining investor interest in most meme coins.
$PEPE struggled to break its bearish chains as it saw a nearly 13% decline over the past week. Similar Pepe-themed tokens like $PEPECOIN and $PORK dropped by nearly 6% over the past day.
On the other hand, Pepe Unchained continued to witness high investor traction as it crossed the $2 million milestone during this time. This success has put $PEPU in the spotlight as many people are excited about the upcoming launch of its own blockchain.
Are investors starting to think the new, “unchained” Pepe coin has more potential for big gains? This could be because the new coin isn’t limited by the same technical issues as the older ones.
$PEPU Offers High Staking Rewards to Early Investors
Pepe the Frog has really stood the test of time. It is still quite famous and is known as the “king of memes” by many people. It’s unique because it’s driven by a strong community and not by influencers or big investors. This community spirit is what makes meme coins successful.
Now, there’s a new version called Pepe Unchained. It uses the same frog character but with Layer-2 technology. This latest version is faster and cheaper to use than the original.
Pepe Unchained also offers huge staking rewards for early investors who stake their tokens. At press time, you can earn up to 910% APY.
It’s clear that the community is committed to long-term holding because about 174 million $PEPU tokens have already been staked. Please note that rewards (APY) will decline as more investors enter the staking pool.
Meme coin enthusiasts now think $PEPU could become the next big meme coin. In fact, 99Bitcoins, a popular YouTube channel with over 700K subscribers, pointed out how $PEPU has the potential to offer 10x returns to early investors.
To buy $PEPU tokens— go to the Pepe Unchained presale page, connect your crypto wallet, and buy $PEPU using ETH, BNB, or USDT. You can even use a credit card.
Buyers can follow Pepe Unchained on X (formerly Twitter) to keep up with the latest presale updates.