Memecoins
As a meme currency project with a sidechain in the works, Pepe Unchained has better investment prospects than Pepe | India Business News
If Pepe was the biggest crypto sensation of 2023, Pepe Unchained ($PEPU) is in the spotlight this year. $PEPU stands out from the flood of hollow meme coins with a unique layer-2 technology.
While there are many meme coins on Layer 2, this is the first time a meme coin has launched native Layer 2 technology.
The $PEPU Hype Explained
There are too many meme coins on the market, and it’s hard to keep track of them all. How did PEPU manage to go viral in an already crowded market?
For example, Pepe Unchained pre-sale has already raised over $5 million. Pre-sale traffic has been consistently high despite market volatility.
The Pepe Unchained community has exploded to 7,000 followers on Twitter and nearly 3,000 members on its Official Telegram channel.
To cut through the hype, we need to look at the utility and speculative aspects of the project.
Pepe Unchained’s speculative potential is rooted in its Pepe label. Pepe is one of the most iconic meme currencies, and it’s no surprise that Pepe Unchained is sparking this craze.
The rush of meme currency investors is growing, hoping for a multi-fold increase in the price of $PEPU in the coming weeks.
But most meme currencies have a limited lifespan. They stay popular for a few days, then crash to a point of return.
Will Pepe Unchained join the list?
This seems unlikely. An analysis of the project’s whitepaper and website shows that Pepe Unchained is built with resilience in mind.
It has long-term potential, thanks to its vast layer-2 blockchain under development. Ethereum’s layer-2 is one of the fastest-growing sectors in crypto. This explains why strategic investors are securing $PEPU tokens in the presale.
A layer 2 for the same corners: more efficiency, less hassle
Layer 2 blockchains are designed to ease the burden on larger blockchains like Ethereum. Due to the high amount of activity hosted on primary blockchains, they become congested during peak periods of rallies and rallies.
This creates difficulties for investors who are frantically trying to buy or sell a coin.
This does not allow them to secure strategic entry and exit points. The result? Heavy losses.
This is especially true in the case of meme coins. They are known for their rapid price movements. It is important to keep an eye on the market to maintain a profitable meme coin portfolio. Trends change overnight in this niche.
Let’s say Meme Coin A is trending today. It’s climbing the charts. You need to buy it before it’s too late. But the network is congested and the network fees are too high. Still, you manage to buy it for a much higher price.
The price of Meme Coin starts to climb a little, but soon the trends start to change. Before you know it, Meme Coin A has started to drop down the rankings, and Meme Coin B is in the spotlight.
You need to get rid of Meme Coin A as soon as possible. It is risky to keep it any longer. You don’t know if it will ever come back!
But network traffic jams leave you in trouble again. In the end, Meme Coin A collapsed and you lost almost all of your investment.
As a secondary layer dedicated to meme coins, Pepe Unchained comes with some must-have features:
It is therefore logical that Pepe Unleashed is expected to become one of the largest meme coin hotspots. It reduces operational costs and increases efficiency to facilitate trading.
Passive Income with Pepe Unchained
If the pre-sale dynamics are anything to go by, PEPU is on its way to a wild bull run. However, investors don’t have to wait for the exchange to launch to start making money with Pepe Unchained.
The platform offers attractive staking rewards for pre-sale investors. At the time of writing, the annual staking yield was as high as 500%!
But here’s the problem. The annual yield from staking decreases as more investors join the presale. In other words, it favors early investors.
Why do PEPE investors buy PEPU?
Pepe’s growth has been amazing.
For a long time, it seemed like Dogecoin and Shiba Inu were the only constants in the meme coin market. The rest of the market was changing rapidly. New faces were coming and going in a matter of weeks.
Pepe was an exception. Since April 2023, Pepe has climbed more than 20,000%!
With a market cap of $5.07 billion, it currently ranks third in the global meme coin rankings. In May 2024, Pepe reached an all-time high and exploded to $7 billion, but the price correction quickly took over.
Although Pepe is one of the most established meme coins, its growth potential is limited. The largely saturated market capitalization has pushed investors to look for greener pastures.
Projects like Pepe Unchained fit the criteria.
As a meme coin project with a sidechain in the works, Pepe Unchained has better long-term prospects than Pepe. Additionally, the low initial market cap leaves room for multiple returns.
Crypto influencers and analysts share this optimistic view. Popular YouTuber Crypto influencer Jacob Bury, who has over 41,000 subscribers, touts Pepe Unchained as a potential 10X cryptocurrency.
Is it too late to buy Pepe Unchained?
Pepe Unchained’s presale has surpassed $5 million. But it’s not too late to buy $PEPU tokens.
The pre-sale is expected to be live for a few more days, although traffic could lead to an instant sell-off in the ongoing bull market.
Investors can acquire $PEPU tokens using ETH, USDT, BNB, and fiat cards in the presale. Attractive discounts and staking APYs await early adopters.
After completing SolidProof and Coinsult audits, Pepe Unchained stands out as a credible new crypto project to invest in now.
Visit the official website Pepe Unchained Website to join the presale.
Disclaimer: The above content is not editorial and TIL (Times Internet Limited) hereby disclaims all warranties, express or implied, relating to the same. TIL does not provide any investment advisory services in any manner whatsoever and the publication of this content does not imply endorsement by TIL or Economic Times. TIL strongly advises users to take all necessary steps to ensure that the information and content provided is correct, up-to-date and verified and/or speak to a qualified investment professional before making any investment decision.