Pepe Unchained ($PEPU) has exceeded $9 million in funds raised during its presale, just six days after hitting the $8 million mark. Investors have been flocking to this new Pepe token, which operates on its Layer 2 chain on Ethereum. A mysterious whale recently invested $3.13 million in Pepe ($PEPE) during a dip, split into two transactions. Additionally, Ethereum Layer 2 solutions saw increased activity, with Coinbase’s Base chain handling 3.6 million transactions and all Layer 2 protocols collectively processing 12.44 million transactions. Prominent Web3 influencers like Austin Hilton are endorsing $PEPU, likely propelling it to $10 million before its second-month presale anniversary.
Pepe Unchained offers staking rewards of over 218% APY, lower fees, and 100x faster transaction speeds compared to leading ERC-20 meme coins, making it attractive to meme coin enthusiasts. The potential listing on exchanges after the ICO could bring in new funds, making it an opportune time to invest. A $100 initial investment could yield over $11,000 in $PEPU tokens. The original Pepe ($PEPE) is the third-largest meme coin in crypto, known for the “feels good, man” catchphrase and its origins in a webcomic by Max Furie. Pepe became a symbol during the 2019-2020 Hong Kong protests, gaining global recognition. Pepe Unchained marks a significant evolution for Pepe tokens, moving away from Ethereum’s limitations.
Pepe Unchained is the first Pepe token to run on its own Layer 2 blockchain, addressing Ethereum’s transaction speed and cost issues. Ethereum’s main network can process only 15 transactions per second, leading to congestion and high fees. Layer 2 protocols sit on top of Ethereum, processing transactions independently before adding them to the main blockchain. $PEPU on its Layer 2 blockchain offers enhanced speed and cost efficiency, making transactions 100 times quicker and cheaper than on Ethereum. The project provides a dedicated block explorer, facilitating easy tracking of transactions, and instant bridging between $PEPU and Ethereum’s main network.
Pepe Unchained is audited by Coinsult and SolidProof, with no critical concerns found in its smart contract. The project’s unique proposition of combining the fun aspect of Pepe ownership with significant utility and cost-effectiveness makes it appealing to meme coin and DeFi investors. Joining the $9 million $PEPU wave presents an opportunity to participate in a potential groundbreaking development in meme coins and Layer 2 protocols. It’s advisable to visit the Pepe Unchained presale website to get involved.
In conclusion, the rapid success of Pepe Unchained and the growing interest in Layer 2 solutions on Ethereum demonstrate a vibrant and dynamic market environment. The potential for substantial staking returns and trading opportunities after the presale season adds to the appeal of $PEPU for investors seeking to diversify their portfolios. With the promise of faster transaction speeds and lower fees compared to traditional ERC-20 meme coins, Pepe Unchained is poised to set a new standard in meme coin offerings. However, it’s essential to remember that crypto investments are high-risks assets, and caution should be exercised when participating in such ventures.
