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The highly-anticipated meme coin supercycle is right around the corner, especially with Bitcoin poised to hit new all-time highs.
The bull market euphoria is starting to reach a fever pitch and investors are already raking in millions in profits with new meme coins.
All eyes are now on Pepe Unchained (PEPU), a new frog meme coin that has been making waves in the sector with its stellar presale performance. It has now secured $20 million in presale funding behind large whale investments, adding the last $1 million in less than a week.
With the meme coin supercycle fast approaching, Pepe Unchained is quickly emerging as a consensus pick among experts as one of the best meme coins to buy.
Pepe Unchained Unveils New L2 Ecosystem Sneak Peek
The demand for frog meme coins remains extremely high.
Pepe (PEPE) remains one of the best large-cap meme coins to invest in, with prominent crypto investors anticipating it to reach a $50 billion valuation in the upcoming bull market.
Even copycat projects like PepeCoin, PepeFork, PeiPei and Apu Apustaja have strong traction among meme coin enthusiasts.
However, Pepe Unchained offers a unique twist, showcasing Pepe The Frog breaking its clunky chains. Instead of relying on the congested Ethereum blockchain, the project is building its own cutting-edge Layer-2 chain, set to launch after the presale.
There is a reason why Solana – as well as newer chains like Base and Sui – have become the hotbeds of new meme coins, massively outperforming Ethereum in this regard. The high trading costs and poor scalability on Ethereum make ERC-20 meme coins unattractive for retail investors, especially if they aren’t listed on Tier-1 CEXs.
Pepe Unchained’s Layer-2 ecosystem tackles this issue head-on.
PEPU holders will benefit from extremely low trading costs and quick transaction finality. Moreover, they can use the custom-built DEX, ETH-PEPU bridge, block explorer and staking protocol to seamlessly trade PEPU on this new L2 chain.
Check out the latest sneak peek of the Pepe Unchained L2 ecosystem below.
However, the new L2 chain isn’t just for PEPU holders. The project is looking to be a launchpad for the next generation of high-potential meme coins, much like Base and Pumpfun.
In this regard, it has announced the opening of its Pepe Frens With Benefits Developer Grant Program. Click here to apply. The initiative is looking to onboard elite builders who can build attractive meme coins in a decentralized nature.
Check out PEPU’s X and Telegram accounts to keep up with the latest updates on the ecosystem.
Other Key Selling Points – Lucrative Staking, Highly-Audited Smart Contract
Pepe Unchained is a utility-driven meme coin and the Layer-2 ecosystem is only a part of its overall attraction.
The project also has its own presale staking protocol. ICO buyers can stake their coins in the staking pool and earn attractive passive income.
As per the staking dashboard, stakers are currently earning a reward rate of 110%, substantially higher than the industry average.
The meme coin’s utility-driven nature also ensures that it adopts sound tokenomics.
70% of the entire PEPU supply has been reserved for investors – 40% to be distributed during the presale and 30% as staking rewards.
The remaining 30% of the supply will also be utilized for project growth, with 10% allocated towards marketing and 7.5% each for liquidity and project development. The final 5% tokens are reserved for the L2 chain inventory.
The developer team behind the project is also prioritizing high-security standards for the meme coin, another area where it has an edge over the ordinary meme coins in the market.
The PEPU smart contract has been audited by Coinsult and Solid Proof, which did not reveal any vulnerabilities or centralization risks. The smart contract ownership has been renounced and the owner cannot engage in any nefarious activity like pausing the contract, blacklisting addresses or honey potting investors.
Is PEPU The Best Meme Coin For The Upcoming Supercycle?
As previously stated, the meme coin supercycle is right around the corner.
Risk assets like low-cap cryptos and new meme coins offer outsized returns during the bull market euphoria. A few projects like Moo Deng, First Neiro On Ethereum, SPX6900 and GOAT have already turned small-scale investors into millionaires.
Now, a growing number of experts believe that Pepe Unchained could offer similar returns. Prominent crypto influencers like Austin Hilton are calling it one of the best meme coins to invest in for the upcoming bull market.
Some smart money investors who have invested early in PEPU are eyeing 100x returns from it.
With the Pepe Unchained presale now in its final stages, interested buyers have an extremely short window of opportunity to buy the meme coin at its discounted price and earn the maximum returns.
*Cryptonomist did not write the article or test the platform.
Source: https://en.cryptonomist.ch/2024/10/17/pepe-unchained-ico-raises-20m-best-meme-coin-supercycle-pick/