Memecoins
Meme Coin Prices Are Falling, But Pepe Unchained Is Bucking the Trend: $3 Million Raised and Counting
The meme coin market has been sluggish in the past few days. However, the decline has not affected Pepe Unleashed ($PEPU). The meme coin raised $3 million when it launched presaleIn a pioneering approach, Pepe Unchained introduces a layer 2 dedicated to meme coins. It is expected to become a hotspot for meme coins in 2024.
Pepe Unchained strategically exploits the viral potential of the Pepe label and the long-term utility of Layer 2.
https://x.com/pepe_unchained/status/1810971162928882059
Why Pepe Unchained
Pepe Unleashed has achieved impressive pre-sale success in a short period of time.
Invest and Earn on ET Money – Get up to 9.5% Yield per Year
Growing traffic to the pre-sale suggests that Layer 2 technology is about to take over the meme coin market.
Cryptocurrencies like Pepe have long suffered from the inadequacies of Layer 1 blockchains. Despite Pepe’s market cap soaring to $7 billion, it has failed to inspire strong price movements in recent weeks.
Pepe’s reliance on Ethereum is a hindrance to its growth. Ethereum has moved to a proof-of-stake model, but this still poses problems, especially during bull markets.
High gas costs and network delays are a real problem.
Pepe Unchained’s New Layer-2 blockchain The environment is specifically designed for meme coins. This sets the native token, $PEPU, apart in the crowded meme coin space.
The unique Layer 2 infrastructure increases the token’s potential utility and market relevance.
Meme coins often lose momentum after an initial surge. However, their high utility could support demand for $PEPU in the long term.
Investors are eagerly buying $PEPU during the presale to avoid paying a large sum for the token later. The token will be available on major trading platforms. crypto exchanges once the pre-sale is over.
But before that, early investors can get them at fixed and reduced prices.
Next Coin to Watch
Pepe Unchained is not the first Layer 2 in history. There have been many before, like Polygon and Arbitrum.
They have significantly addressed Ethereum’s shortcomings. But Pepe Unchained is the first to be dedicated to meme coins.
Pepe Unchained improves the scalability, speed, and efficiency of meme coin transactions. It allows investors and traders to handle higher transaction volume at lower costs.
“PEPE Unchained means better speed, better rewards, and the same delicious Pepe flavor you love,” notes the white paper .
Built to be a hundred times faster than Ethereum, Pepe Unchained is a blockchain ecosystem to watch this year and beyond.
In a market where timely decision making can result in massive gains and losses, Pepe Unchained has great relevance.
Higher staking rewards are another interesting outcome of Layer 2.
By offloading Layer 1 transactions, Pepe Unchained reduces operational costs and increases efficiency. This leads to higher rewards for stakers.
Meme coins that opt into Pepe Unchained Layer 2 will also benefit from cheaper gas fees.
The Next Big Hot Spot for Meme Coin Creators and Traders
The growth of the Base and Blast Layer 2 channels has been nothing short of phenomenal.
If their explosive growth and adoption are any indication, the sector has enormous potential.
This provides context to the growing traffic to the $PEPU presale. Strategic and speculative investors are accumulating the token at presale prices.
The project successfully exploits this trendy niche, while creating a unique meme identity.
If the project maintains its momentum, it could become the next big magnet for meme coin creators and traders. It provides fertile ground for DApps, games, and NFTs, all focused on meme coins and memes.
Pepe Unchained has completed not one, but two audits by SolidProof and Coinsult. They are published for everyone to see and verify on the website.
Pepe Saturation Helps Pepe Unchained
Pepe is one of the most iconic meme coins in history.
Although new projects like Dogwifhat and Bonk stole third place for a while, Pepe regained his dominant position.
Pepe’s meteoric rise also highlights the immense growth potential of the meme coin market.
That said, Pepe has largely saturated.
For a better perspective, let’s look at its price-performance ratio this year.
Pepe Price Evolution Over 1 Year, CoinMarketCap
Pepe has jumped 518% in one year.
This says little about his journey. Pepe reached his peak in May. He reached an all-time high of $0.00001718 on May 27, 2024.
Since then, Pepe has lost 45% of its value. While Pepe had a market capitalization of $7 billion at its peak, it has now fallen to $3.85 billion.
Pepe is likely to hold on to the third position in the meme coin ranking for a longer period of time. But new investors don’t have much to gain from it. It’s hard for Pepe to achieve a multiple ascent in the near future.
This explains why Pepe investors are increasingly diversifying into new meme currencies like Pepe Unchained. The Pepe Unchained community now has 6,500 followers on Twitter and over 2,500 users on its Twitter account. Official Telegram channel
Crypto analysts and publications have featured the project at the top of their lists in recent days.
Pepe Unchained strategically unlocks Pepe’s craze with utility.
He made up for Pepe’s lackluster performance in recent weeks with a hot pre-sale.
As a new meme coin, $PEPU will have a lower market cap than established meme coins like PEPE, DOGE, SHIB, and BONK.
Staking rewards further contribute to the buying frenzy before the sale.
$PEPU Short Presale Window Now Open: Attractive Discounts and Staking APY for Early Birds
Investors are hoarding $PEPU at a low price before it launches on the first exchange.
Early birds are eligible for attractive discounts and higher wagering rewards.
To join the $PEPU presale, visit Pepe Unchained official website The pre-sale process is simple. It supports payments in ETH, USDT, BNB, and fiat cards.
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