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Pepe Unchained (PEPU) – one of the biggest crypto ICOs of 2024 – is continuing its strong presale performance with heavy buys from whales.
The new meme coin has surpassed all expectations with over $12 million in presale funding, indicating strong investor confidence in it.
However, Pepe Unchained isn’t just a meme coin. Rather, it is building a groundbreaking Layer-2 technology on Ethereum, designed specifically for meme coin trading.
Therefore, it is no surprise that PEPU has meme coin investors buzzing with anticipation, with some experts calling it the next 100x crypto.
Pepe Unchained Building Groundbreaking Meme Coin Layer-2 Technology
As the name suggests, PEPU is the latest token inspired by the viral Pepe The Frog meme coin. Frog meme coins are in high demand, with investors continuing to search for the next Pepe.
In fact, tokens like PeiPei and PONKE have managed to impress investors with their growth.
However, Pepe Unchained isn’t a copycat coin and its meme coin packaging pales in comparison to its unique features.
The developer team behind the project is building a Layer-2 scaling solution, just for meme coins.
As is common knowledge, Ethereum meme coins have to struggle against the congestion on the blockchain, resulting in high trading fees and slow transaction finality. This is especially true of new meme coins that are not available on centralized exchanges.
As a result, these coins see meagre retail investments and end up becoming pump-and-dump schemes. There is a reason why Solana and Base chains have become a hotbed for new meme coins like Dogwifhat, Popcat, Bonk and Brett.
Meanwhile, new ERC-20 meme tokens have remained few and far between.
However, Pepe Unchained’s Ethereum-compatible Layer-2 chain solves this issue. It offers extremely low trading costs and 100x faster transactions, thanks to its high network throughput.
Additionally, there is a custom-built DEX for seamless swaps between PEPU and ETH. More meme coins will also be onboarded in the future.
The developer team has also built a dedicated block explorer, allowing users to view real-time transactions, history blocks and charts.
In a recent X post, Pepe Unchained has also announced the launch of the Pepe Foundation, which will offer developer grants to Community Verified Projects (CVP).
PEPU will be the native token of the entire Layer-2 ecosystem, which bodes well for its post-launch adoption and maximizes its upside potential.
Is PEPU a Safe Investment?
Pepe Unchained appears to have all the makings of being the next big crypto. Most importantly, its developer team has made the security of client funds the top priority and has addressed all major security concerns head-on.
For instance, the Pepe Unchained smart contract has been audited by two separate Web3 security companies – Coinsult and Solid Proof. Neither audit revealed any vulnerabilities or centralization risks.
The meme coin also has transparent and sound tokenomics. For instance, 50% of the entire token supply is directly available to investors – 20% during the presale and 30% in the form of staking rewards.
It is for this reason that presale buyers are earning attractive staking income, currently at a reward rate of over 160%.
The remaining 50% of the tokens have been allocated to marketing, exchange liquidity, project finance and chain inventory.
No separate allocation has been made towards the developer team or any private sale, which significantly reduces the risk of rug pulls and pump-and-dump price action.
Finally, the project has active social media accounts, features often missing in scam projects. In fact, the Pepe Unchained X account has over 13k followers, while its Telegram has an additional 7k subscribers, indicating a strong community backing for the meme coin.
Investors can follow these accounts to keep up with the latest updates.
Can PEPU Explode Like PEPE?
While it is hard for any new meme coin to fill Pepe’s shoes, Pepe Unchained could very well become the next big frog meme coin, replacing tokens like PeiPei and PepeCoin.
As such, Pepe Unchained’s unique features – Layer-2 chain, attractive staking rewards and community-centric tokenomics – separate it from the copycat crowd.
Moreover, its impressive presale performance is creating quite a buzz as well, with prominent crypto outlets like Cointelegraph, CoinMarketCap and Techopedia featuring the new meme coin.
Most importantly, PEPU has caught the attention of whales, with one recently swapping 10.8 ETH and another 23.4 ETH for the meme coin. Back in July, a whale invested over $200k into Pepe Unchained.
It is therefore no surprise that smart money investors are bullish on the meme coin, with some calling it the next 100x crypto.
However, the clock is ticking on the Pepe Unchained presale as the meme coin nears its high-anticipated launch. Interested buyers therefore have a very short window to buy PEPU at its discount price.
Visit Pepe Unchained Presale
Source: https://finbold.com/is-this-the-next-crypto-to-explode-pepe-unchained-ico-raises-12m-for-meme-coin-layer-2-blockchain/