The post Pepe Unchained ICO Races Past $1.5M As Analyst Tips it to be the Next 10x Crypto appeared first on Coinpedia Fintech News
Pepe Unchained ($PEPU) has skyrocketed past the $1.5 million total raised mark at presale.
It’s an exciting time for meme coin fans, but $PEPU is not your run-of-the-mill project. Pepe Unchained is the first Pepe-themed crypto with its own blockchain.
The team is raising funds via a presale for the project’s development, and this gives investors a chance to buy in from the ground floor.
$PEPU is available at $0.0081613, but this price will rise throughout the campaign.
The next increase is in 10 hours. As such, prospective buyers should act fast.
Pepe chain is something we have never seen before
Imagine the hype and viral allure of Pepe merged with the revolutionary utility of Arbitrum or Optimism – that’s what you get with Pepe Unchained.
It’s no secret that Ethereum has struggled with high fees and slow transactions.
That was until the advent of layer 2 networks such as Arbittrum, Optimism, Polygon, and Blast.
These layer 2 blockchains handle transactions off the Ethereum main net and are cheaper and faster.
They now process the bulk of Ethereum transactions, with L2Beat data showing layer 2 activity recently hit an all-time high (ATH) of over 280 transactions per second.
The market’s appetite for fast and low-cost transactions is soaring, but there is no layer 2 blockchain dedicated to meme coins.
This is where Pepe Unchained comes in.
It’s 100x faster and much cheaper than the Ethereum mainnet.
Because it’s designed with meme coins in mind, there’s every chance that meme coin developers and traders will choose this chain over a rival layer 2.
And with the meme coin market worth $49 billion, that’s good news for the price of $PEPU.
Get double the staking rewards with Pepe Unchained!
Thanks to its lower operational costs, Pepe Unchained has set aside a big portion of its tokens for staking rewards.
This means $PEPU holders can generate unparalleled passive income on their investments.
The staking mechanism is already live and offers a 1,100% APY.
However, there is a finite supply of staking rewards, so the APY will decrease as the staking pool grows.
That’s a massive incentive to get in early, and it is likely a key driver of Pepe Unchained’s presale success.
Per its website, 30% of the token’s total supply is allocated to staking rewards.
Another 20% is earmarked for the presale, 20% for marketing, 10% for liquidity, 10% for project finance, and 10% for the chain inventory.
Here’s why $PLAY might 10x after its exchange launch
There are high expectations for PlayDoge’s price performance.
Several well-known industry players anticipate huge gains are on the horizon.
For instance, Jacob Bury suggested it could be the next 10x Pepe alternative.
“Within 2024, we are going to see meme coins pop off once again… but the coin I want to talk about is Pepe Unchained – Pepe now has its own blockchain,” he said.
“If you’re watching this, you’re early,” he continued.
With a captivating layer 2 use case and a presale juncture, Bury anticipates solid upside potential for Pepe Unchained.
The project has also been covered by Crypto Zeus, who boasts over 200K followers.
In a recent video, Crypto Zeus made a call to Pepe holders, highlighting the viral potential of Pepe Unchained thanks to its Pepe allure and inherent utility.
And adding to the excitement, the project’s huge staking rewards effectively compound the potential for massive gains.
Pepe Unchained provides a home for meme coins that is fast and low cost while retaining Ethereum’s security and decentralization.
It’s a concept that has captivated investors and leading analysts alike.
But the low presale price and high staking rewards are on a first-come, first-served basis.
This means there’s a massive benefit to getting in early.
So don’t miss out. Follow Pepe Unchained on X or join its Telegram to keep updated. Alternatively, visit its website to buy and stake tokens.