Within just a month, Pepe Unchained successfully raised $5 million in its presale in a remarkable display of investor confidence and community support.
That shouldn’t come as a surprise given that Pepe Unchained is not just another meme coin; it represents an evolution in the decentralized finance (DeFi) space, combining humor, community spirit, and cutting-edge technology expressed via its own Layer 2 blockchain solution.
The Phenomenon of Pepe Unchained
Pepe Unchained is inspired by the iconic Pepe the Frog meme, which was popular in the early 2000s. In the meme coin space today, Pepe the Frog is even more popular.
The first PEPE meme coin currently boasts a market cap of over $5 billion, while two other PEPE-themed meme coins, PEPECOIN and APU, have over $500 million in combined market cap.
Despite their success, most of these meme coins have never been audited. Pepe Unchained is audited by Coinsult and SolidProof, giving investors peace of mind.
However, the main advantage of Pepe Unchained over most meme coins is the technological innovation it offers through its Layer 2 blockchain.
How Pepe Unchained Solves Ethereum’s Scalability Issues
With the ability to process 15 transactions per second where each transaction can cost around $1.5 during low congestion, Ethereum is a poor option for frequent trading.
Pepe Unchained aims to solve the issue by introducing a Layer 2 blockchain. This means that transactions made on the Pepe Chain are bundled together and sent on Ethereum for settlement as a single transaction.
As a result, Pepe Chain can process transactions 100x faster and cheaper, which could turn the Pepe Chain into a major meme coin trading hub. To further simplify matters for meme coin traders, bridging their assets between Ethereum and the Pepe Chain is instant.
With this move, Pepe Unchained isn’t only competing with meme coins, but with other Layer 2 blockchains like Arbitrum and Polygon.
IfShiba Inu, the second-largest meme coin with over $10 billion in market cap established its own Layer 2 blockchain in August last year. This enabled the expansion of its ecosystem with features like a decentralized exchange, play-to-earn games, and a metaverse.
Currently, no Pepe-themed meme coins offer their Layer 2 blockchains, giving Pepe Unchained a significant first-mover advantage in this space.
If Pepe Unchained can establish itself, we could see it becoming just as successful as Shiba Inu in the coming years, fostering a whole ecosystem of meme coins and DeFi activity.
This could be why some crypto influencers on YouTube believe Pepe Unchained could lead the bull market gains this year.
Last Chance to Get Pepe Unchained at a Discount
The $PEPU token is available in a presale for $0.0086304. However, the price will go up in one day. After that, the price will continue to rise every few days until the presale ends, giving early investors the best entries.
On top of that, investors who stake their tokens can earn a dynamic APY of 369%. Being dynamic means it will drop as more tokens are staked, making early staking the most lucrative option.
$5 Million Milestone Spells Success For PEPU
The $5 million raised during the presale is a testament to the strong belief in the project’s vision and potential.
This funding will help develop the Pepe Unchained ecosystem, enhance its infrastructure, and expand its reach within the crypto community.
The project has built a loyal community with the Pepe Unchained X account growing to more than 8,000 followers in less than a month.
Read the Pepe Unchained Whitepaper to learn more about the project.
NOTE: THIS IS A SPONSORED POST