A new layer-2 chain is ready to break into the crypto market. Pepe Unchained aims to bring more ease and efficiency to meme coin trading with low transaction fees and high transaction speed.
Meme coin investors have welcomed the project with open arms if the viral $PEPU presale is any indication. It just soared past the $10 million milestone.
Unclogging the meme coin market
Meme coins are extremely popular. They can make or wipe out a fortune in the blink of an eye.
The profitability of these highly volatile assets depends on timely decision-making. Delayed entries and exits can prove to be expensive due to their rapid fluctuations.
Layer-1 blockchains like Ethereum are notorious for putting meme coin investors and traders in misery, particularly during highly active periods. The skyrocketing transaction fees and network delays stop traders from making strategic decisions.
The meme coin community deserves a new solution catered to its nuances. That underscores the market relevance of Pepe Unchained ($PEPU).
The new layer-2 solution makes meme coin transactions faster and cheaper. Being solely designed for meme coins, the project stands out from competitors like Polygon and Optimism.
Pepe Unchained will support instant bridging between Ethereum and Pepe Chain. It comes with a native block explorer. But what will give it a strong competitive edge is its ability to handle a large number of transactions at the same time.
The unfolding layer-2 network substantiates the growing buzz around the project.
Stake $PEPU for Raining Rewards
The $PEPU community has exploded to around 6000 followers on Twitter and 11,000 members on Telegram in a short time.
The project’s ambitious vision has clearly resonated with the audience. But that’s not all. Pepe Unchained offers eye-popping staking rewards to early backers. It is active from the presale stage.
“The distribution of $PEPU token rewards will occur at a rate of 608.82 $PEPU tokens per ETH block. These rewards will be disbursed over 2 years and will be claimable once claim goes live,” notes the website.
At the time of this writing, the staking APY (annual percentage yields) stood close to 200%. It will decline over time as more investors add their tokens to the pool. Around 800 million tokens have already been staked.
Analysts Back PEPU to Explode – Next PEPE?
Pepe Unchained has won the support of leading crypto influencers and analysts. For example, crypto education platform 99Bitcoins lists it as one of the top cryptos to buy now.
The popular crypto education and review platform has over 700,000 subscribers on YouTube. It draws attention to the fact that Pepe Unchained has been bucking the broader market bearish trend over the last few weeks to raise a whopping $10 million in its viral presale.
While Pepe Unchained features a quirky narrative inspired by Pepe, it is a utility project at its core. Pepe, on the other hand, is purely speculative.
The clever branding allows Pepe Unchained to unlock meme coin mania. At the same time, it establishes long-term relevance through its layer-2 ecosystem.
If the project unfolds as planned, Pepe Unchained will emerge to be a strong contender in the fertile layer-2 niche. With instant transactions and practically non-existent fees, Pepe Unchained is exactly what the meme coin market has been waiting for.
Another factor that makes Pepe Unchained a better alternative to Pepe at this point is its lower initial market cap. Pepe has ballooned up to a $7B market cap over the last few months. However, following market crashes this summer, Pepe’s market cap is now around $3.3 billion.
Since Pepe Unchained has yet to begin its journey, and it is offered at discounted prices in the presale, it leaves a larger room for returns to early backers.
Is it Too Late to Buy $PEPU?
Even though the PEPU presale just broke past the $10 million milestone, it’s not too late to buy the meme coin. The presale is still live.
However, to not miss the early presale discounts and staking APY, investors should act early. With each new stage, the $PEPU price undergoes a small increment.
Pepe Unchained has completed an extensive security audit by SolidProof and Coinsult. The proactive measure has helped the project strengthen its credibility among early backers.
Visit Pepe Unchained Presale
Disclaimer: This is a paid post and should not be treated as news/advice.
