Pepe Unchained (PEPU) raised more than $17.7 million in pre-sale, garnering interest as a potential next big meme coin and raising questions about its future growth.
With whale investors reportedly backing Pepe Unchained (PEPU), the question arises whether this new layer 2 meme coin can live up to expectations.
Let’s explore why Pepe Unchained could be the next big break and what makes it unique.
Why Pepe Unchained is the next big meme coin to watch
One of the main reasons for $PEPU’s success is its innovative “Pepe Chain”. As a Layer 2 solution, it solves the major issues users face with Ethereum, such as high cost and scalability.
One of its distinguishing features is the ability to reduce transaction fees. Ethereum gas fees have always been an issue for users, especially during busy seasons. Pepe Chain processes transactions off-chain and finalizes them only on Ethereum, significantly reducing fees.
Another big advantage is its speed. Pepe Chain processes transactions up to 100 times faster than Ethereum thanks to an advanced bridging system between the two networks. This allows transactions to be completed almost instantly.
A frog with a golden brain prepares to launch L2.
Join our official Telegram and connect with the community!https://t.co/ahmb9L28KX pic.twitter.com/8hJQ7IuvJh
— Pepe Unchained (@pepe_unchained) October 5, 2024
$PEPU also offers a dedicated block explorer that allows investors to easily track tokens, transactions, block details, and wallet activity. This tool allows users to audit and verify transactions without requiring special access.
Pepe Unchained has also launched a new program called “Pepe Frens With Benefits” aimed at attracting top developers to build on top of the cutting-edge blockchain. Developers can pitch their ideas to the Pepe Council, which reviews grant applications and funds the best projects.
Selected developers will have the opportunity to create dApps, tokens, or other blockchain-based projects, contributing to long-term growth within the Pepe ecosystem. Applications for the grant will open in Q4 2024, giving developers time to refine their proposals.
With this new program, Pepe Unchained has grown its following online, with over 33,000 followers on X (formerly Twitter) and over 9,100 subscribers on Telegram.
New Pepe Unchained Layer 2 ICO raises $17 million with whale backing
Pepe Unchained continues to grow in popularity, with the project raising over $17.7 million in initial funding. Investors can currently purchase Pepe Unchained for $0.00993 during the presale, but this price will increase quickly and the next increase will occur in 1 day and 16 hours.
The team behind Pepe Unchained accepts purchases with ETH, USDT, BNB, and even credit/debit cards, making it easy for a wide range of investors to participate. Those looking for maximum profit need to act quickly.
Although the end date of the presale is still unknown, excitement is building for the day when investors can claim their tokens and the tokens will be listed on decentralized exchanges (DEXs). Interest grew even more after the large-scale purchase attracted attention. Some big crypto investors, or whales, are putting a lot of money into Pepe Unchained.
On October 3, 2024, an anonymous whale purchased 21.75 ETH worth of $PEPU, approximately $51,400. This was followed by other large purchases, including one in early September for $56,000 and another for around $25,000.
Seeing large investors involved early is a positive sign for the project. Additionally, Pepe Unchained offers a double staking protocol with a current 122% APY, which is much higher than most staking options on Ethereum.
A big reason for this confidence is the development team’s commitment to transparency. Pepe Unchained has been fully audited by experts at Coinsult and SolidProof, giving it a level of trust that is rare in the meme coin space.
To participate in the $PEPU token presale, please visit pepeunchained.com.
- Pepe Unchained pre-sales soar to $17.5 million, whale investment signals big upside
- Crypto Whales Drive Pepe Unchained Layer 2 ICO Surge, Over $17 Million
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