The post Pepe Unchained Raises $5M to Build Meme Coin L2 – Best Crypto Presale to Invest in? appeared first on Coinpedia Fintech News
Pepe Unchained ($PEPU) is growing rapidly – it just hit the $5 million total raise mark at presale.
$500K of that comes in the past three days. At this rate, $PEPU could become one of 2024’s most illustrious meme coins.
But it’s not your average meme coin. The presale is raising funding to build the first Pepe-themed layer 2 blockchain.
It’s an ambitious use case, but it’s clear that investors have given their full support.
$PEPU presale total raise soars; does this mean it will 100x like Pepe?
It’s certainly starting to look that way.
Those here in early 2023 will surely remember Pepe’s meteoric emergence.
It slowed down for nothing or no one.
The market was in peak bearish conditions – prices were plummeting, and investors were capitulating.
But that did not stop Pepe from providing absurd gains.
It took just four weeks from debuting on exchanges to reach a $1.8 billion market cap.
But now, when crypto market conditions are much more favourable, Pepe Unchained has launched and is brewing a storm.
Its premarket success indicates it could be the next iconic meme coin.
The project’s $5 million presale raise illustrates a large fan base, similar to Pepe in its early days.
However, Pepe Unchained has a unique advantage over its predecessor: market-leading utility.
Pepe Unchained is the meme-centric blockchain with lower fees and faster speeds than Ethereum
Meme coins will finally have a dedicated home in the Ethereum ecosystem.
It’ll be more scalable than Ethereum while benefiting from its decentralization.
Talk about changing the game.
You’re probably wondering how it all works. Allow us to explain.
Think of Pepe Unchained as an off-shoot of the Ethereum main network.
It’s a separate blockchain, but it uses the same programming language and has a native bridge.
This makes moving funds between the chains seamless.
And like other layer 2 blockchains, it’ll be much cheaper and faster (100x faster, it claims).
There will also be a block explorer to ensure openness and transparency.
Lastly, Pepe Unchained has a staking mechanism.
It’s already live and provides huge rewards.
Today, the rewards are valued at a 370% APY, but this will fall over time.
Based on today’s rate, you’re averaging over 1% returns on investment daily – and that’s not even considering the potential for $PEPU’s price to rise.
With the spirit of Pepe coin at its core, Pepe Unchained will be the first choice for meme coin enthusiasts and budding developers.
This opens a world of new possibilities.
Picture this: a decentralized futures exchange to leverage trade meme coins.
And because it would be on the Pepe Unchained blockchain, it’d be fast and cheap.
Or, Pepe Unchained could even impact the real world.
For instance, Elon Musk has explored how he could integrate Dogecoin into his “everything app.”
However, Dogecoin’s blockchain does not support smart contracts, which creates a big barrier.
On the flip side, Pepe Unchained could easily be linked to Musk’s revolutionary system, and who knows? It could even become his favourite new meme coin.
Pepe Unchained will explode after its presale, according to analyst
Pepe Unchained is primed with “big potential.”
That’s what prominent trader Crypto Zeus said in a recent YouTube video.
He continued, “Pepe is one of the most memeable meme coins on the internet, but Pepe Unchained has a bit of a twist. And its presale is doing absolutely phenomenal.”
The analyst also said, “It’s leveraging off the brand identity of Pepe. It has big staking rewards. It’s also looking to build some big utility.”
Others, like the 99Bitcoins YouTube channel and Fred Crypto, have also hailed Pepe Unchained.
It’s an exciting time for the new meme coin.
And for investors, these opportunities do not come around often.
Pepe Unchained is building something special, and market participants can still buy in on the ground floor.
However, the presale price will rise throughout the campaign.
The current price is $0.0086304, but this will rise in one day.
So don’t miss out. Follow Pepe Unchained on X or join its Telegram for the latest updates. Otherwise, visit its website to buy and stake tokens.