In a crypto market filled with useless meme coins, one project aims to be different.
Pepe Unchained (PEPU) has now raised over $6 million in its presale phase.
And investors are excited to see if its Layer-2 network could shake up the meme coin sector for good.
Pepe Unchained – The Meme Coin Building Its Own Layer-2 Network
Pepe Unchained isn’t your average meme coin.
While it has the popular Pepe the Frog theme, it also packs some serious tech.
The developers aim to create a dedicated Layer-2 blockchain built on top of Ethereum specifically for meme coins.
Think of it like this: Imagine a highway (Ethereum) that’s constantly jammed with traffic.
Pepe Unchained is like the express lane for this highway – reducing congestion and speeding up transactions for meme coin investors.
This setup means lower fees and a smoother trading experience overall.
For example, if you wanted to swap some DOGE for PEPU (Pepe Unchained’s native token), you could use the Pepe Unchained network instead of battling high gas fees.
There, you would be able to make the same trade in seconds for a fraction of the cost.
Pepe Unchained’s whitepaper claims that this Layer-2 network will be 100 times faster than Ethereum.
It’s a bold claim, but one that’s got investors excited.
And this excitement is evident in Pepe Unchained’s presale numbers.
Pepe Unchained’s Presale Gains Momentum & Hits $6M Milestone
Over the weekend, Pepe Unchained hit $6 million in presale funding.
It’s a sign that the investment community is taking the development team’s ambitions seriously.
Social media is lighting up as more people become aware of the project.
Pepe Unchained’s Twitter page now has almost 9,000 followers, while the official Telegram channel is nearing 4,100 members.
Much of the buzz is about how Pepe Unchained’s presale is structured.
Right now, investors can secure PEPU tokens for just $0.0087344 each, but that price will soon be gone.
Since the presale uses a stage-based structure, the price will rise over time, rewarding the earliest investors.
Pepe Unchained’s future plans also have people talking.
The project’s roadmap talks about obtaining listings on DEXs (and potentially CEXs) later this year
And the developers have set aside 10% of the total PEPU supply to provide liquidity for these listings.
They’ve also allocated a further 20% of the supply to marketing – which could mean some exciting campaigns in the future.
Security, Staking, & Influencer Buzz Fuel Demand for PEPU Tokens
Pepe Unchained is backing up its promises with action.
The project’s smart contracts have undergone not one but two audits by respected firms Coinsult and SolidProof.
This approach shows a commitment to security that’s rare in the meme coin space.
Also drawing attention is Pepe Unchained’s “double staking” feature.
Using this feature, investors can stake their PEPU tokens to earn rewards, estimated at 312% per year.
Pepe Unchained will also use a unique distribution system, releasing just over 608 PEPU tokens per Ethereum block over two years.
This setup aims to reward both short-term stakers and long-term HODLers.
Crypto influencers have taken note of this staking setup.
Crypto Gains, known for his analysis of early-stage projects, has given Pepe Unchained a shoutout.
Meanwhile, the popular 99Bitcoins YouTube channel said PEPU “has the potential to lead the bull market gains.”
These two endorsements have made Pepe Unchained even more popular.
Considering everything, Pepe Unchained looks to be a contender for some serious growth in the months ahead.
As the presale gathers pace, everyone’s watching to see if this Layer-2 meme coin project can deliver on its promises.
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