ARTICLE AD BOX

New Layer-2 meme coin project, Pepe Unchained ($PEPU) is making headlines after crossing the $12 million mark in its presale.
Renowned for its unique blend of the viral Pepe label and Layer-2 functionality, Pepe Unchained has stolen the spotlight since bursting onto the crypto scene, becoming one of the hottest, most in-demand ICO tokens on the market.
With over $12 million raised within a few weeks of its debut, the buzz around Pepe Unchained is real and shows no sign of stopping.
Is Pepe Unchained Truly The Better Version Of Pepe?
There’s no doubt that Pepe has recorded exponential growth since its launch, becoming one of the most triumphant meme tokens in the industry. Despite the profound dominance of dog-inspired tokens in the meme coin niche, Pepe quickly gained traction, capturing the attention of degen investors across all corners of the broader crypto industry.
At press time, Pepe stands out as the only non-dog token on the top 5 list of global meme coins by market cap.
However, despite its impressive market performance and strong community support, Pepe is not without a shortcoming. The popular meme coin is confined to Ethereum, a Layer-1 chain that’s characterized by network congestion and high gas fees. This drawback has not only affected investors’ experience but also restricted the meme coin from actualizing its full potential.
Enter Pepe Unchained, the first-ever meme coin with its own Layer-2 blockchain. While tapping from the virality of the Pepe culture, Pepe Unchained also introduces a solution that will bring down transaction costs, offer ultra-fast throughput, and deliver higher efficiency.
At the heart of this innovative project is its quirky lore which gives a compelling narrative of how Pepe has been trapped as a prisoner in a clunky Layer-1 server room. Eventually, he came up with a master plan to break the old chains and devise a better one, known as “Pepe Unchained.”
As such, Pepe Unchained is not just a traditional meme coin – it is a standout project that’s focused on improving the functionality of Pepe, eliminating the scalability issues faced by its investors.
Pepe is preparing to launch his own Layer 2 blockchain solution soon:
Instant bridging between ETH and Pepe Chain
Lowest transaction fees
100x faster transaction speeds compared to ETH
Dedicated Block Explorer
Get ready to join the future with Pepe Unchained! pic.twitter.com/9gxNnddMyq
— Pepe Unchained (@pepe_unchained) July 18, 2024
Meanwhile, beyond its Layer-2 utility, Pepe Unchained also serves as a staking coin. This simply means it offers an opportunity for early buyers to commit their tokens into its liquidity pools and savor dynamic passive rewards. With over 900 million $PEPU tokens staked, those willing to buy the token right now will still benefit from its three-digit APY rewards.
Most importantly, the project’s smart contract has been rigorously audited by two respected blockchain security firms – Coinsult and SolidProof. These audits, coupled with its extensive coverage across reputable crypto-focused publications such as NewsBTC, Cryptopolitan, and Cointelegraph have bolstered its credibility among potential investors.
Can Pepe Unchained Outperform Pepe?
Considering its Layer-2 appeal, community strength, and the wild excitement around its presale, Pepe Unchained has shown that it has all it takes to outperform Pepe when it lands on DEX.
So far, the project is making its mark with its ongoing presale event due to the significant buying from a flurry of investors, including whales. Over the past few days, two whales bought approximately 34 ETH worth of $PEPU, highlighting the growing optimism about its explosive potential.
According to on-chain data, one whale purchased 23.4 ETH worth of $PEPU while the other swapped 10.8 ETH for the meme coin. This shows how savvy investors are turning up for the presale, with the belief that the token will be the next success story in the meme coin scene.
Pepe Unchained’s widespread market acceptance underscores its alignment with market trends. While at its earliest stage, Pepe Unchained strengthens its appeal through its connection with the popular Pepe brand, well-balanced tokenomics, clear roadmap, staking facility, and most importantly its own blockchain solution that’s faster than Ethereum with lower fees.
Given its multiple upsides, famous market experts say Pepe Unchained can become a standout performer upon launch.
Described as one of the best meme coins to buy in September, Pepe Unchained’s ability to execute the plans in its roadmap will help widen its ecosystem, bring more utility integrations for PEPU, and eventually boost its future price.
Bottom Line
Considering the rising demand for the token fueled by its Pepe label and native Layer-2 chain, Pepe Unchained has been tipped to explode upon launch and bring long-term returns to early birds.
For those willing to get in on the ground floor, $PEPU is still selling for a discounted rate of $0.0095362 and can be exchanged with ETH, BNB, USDT, and credit/debit cards.
For the latest information about the project, follow Pepe Unchained on X or join its Telegram channel.
The post Pepe Unchained Hits $12 Million Milestone As Whales Buy Up Presale Tokens appeared first on CoinGape.