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Breaking News: Crypto Bulls Rejoice: Congresswoman Confirms Powell’s Imminent Firing

Pepe Unchained, The First L2 Meme Coin, Raises Over $8 Million in ICO

NewsBTC
NewsBTC
11 months ago
4 mins read

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Pepe Unchained (PEPU) is one of the biggest active meme coin ICOs, with over $8 million raised so far. The team behind PEPU aims to create a revolutionary meme coin development environment by creating a layer 2 blockchain.

Combining the memetic appeal of Pepe, and a fast, cheap L2 blockchain improving on Ethereum, PEPU is one of the most promising projects of this summer.

Pepe Unchained Presale Explodes As Devs Unveil Layer 2 Revolution

The biggest draw of PEPU comes from its layer-2 nature, giving it an avenue to get around ETH’s slow transactions and high gas fees. This has been a long-standing issue with ETH meme tokens like Pepe (PEPE) and Shiba Inu (SHIB.)

In essence, a layer 2 blockchain bundles up multiple transactions from the “main” or layer 1 blockchain, and processes them. This enables them to attain higher speed and lower gas fees when compared to the layer 1 chain.

The team behind Pepe Unchained aims to provide up to 100x faster speeds than ETH, alongside minimal gas fees. On top of this, the project provides a block explorer- an easy way to view and track transaction on the blockchain.

With instant bridging to ETH, PEPU could help revitalize the slowing ETH meme coin space. If it’s successful PEPU will give devs a way to create projects on the cheap and enable traders to trade faster and keep more of their profits.

PEPU Tokenomics Reveal Robust Fundamental Foundations

Pepe Unchained’s tokenomics focus on the early investor, with 20% of the total token supply of 8 billion tokens assigned to the presale. Another 30% is dedicated to staking at a 235% APY, letting investors double their token holdings over the course of a year.

Allowing for early staking opportunities not only enables early investors to make more money but also gives investors a bigger reason to hold onto the token rather than dumping it on the DEX launch. 

Marketing and community-building are instrumental to a meme coin’s success, and the PEPU team understands that well, allocating 20% of the token supply to marketing efforts. It seems to be working out well for them so far, with over 5,000 people on their Telegram channel, and another 10,000 followers on X (Twitter.)

The token also has some anti-rug pull measures in place, putting 10% of the total token supply in liquidity, and allocating another 10% for the chain’s inventory. Further ensuring investors’ safety, Pepe Unchained has complied with two security audits by Coinsult and SolidProof.

For those who want to invest in the project, it’s easy to do from the Presale website. Simply connect your wallet to the presale dashboard, and input how much USDT, ETH, or BNB you would like to invest. You can also invest with fiat directly using your credit card.

From there, you’ll decide whether to buy or stake the tokens, and you’ll gain access to your tokens when the presale ends.

Expert Opinions, The Future, And Pricing – Is PEPU The Next Pepe?

Pepe Unchained follows a dynamic pricing model, the price per token increases each week, or when funding goals are met- greatly rewarding early investors.

The team is focused on providing the best, most innovative experience they can at the moment, although there are plans for additional features down the line. While the team is keeping their cards close to their chest, there are talks of a CEX launch when the token releases.

Despite PEPU being extremely young, with less than 2 months behind it, its mix of real utility and memetic appeal has caught the attention of experts and analysts alike. 99Bitcoins- an educational YouTube channel with over 700,000 subscribers has been following the token closely, going as far as to call it “The next Pepe.”

Is PEPE UNCHAINED The Next 10X Meme Coin? $PEPU Raises $4,000,000

Only time will tell if PEPU can become the next big thing, but it’s definitely set the groundwork well. With just over a day left until the next price increase, now is the best time for investors to jump in on the token.

Visit Pepe Unchained Presale

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