Move over, Pepe – a new frog-themed meme coin is attracting attention.
Pepe Unchained (PEPU) is causing a stir, having raised over $1.5 million in the first 15 days of its presale.
And with plans to launch its own layer-2 network, it appears that PEPU might not just be another no-utility meme coin.
Pepe Unchained Hops Onto the Layer-2 Bandwagon
Layer-2 networks are like express lanes on a crowded highway.
They help speed things up and cut down on traffic jams (which lead to high fees).
These layer-2 networks process transactions off the main blockchain, then bundle them up and send them back for final approval.
This year, layer-2s like Base and Blast have exploded in popularity.
These chains have billions of dollars in Total Value Locked (TVL).
And now, Pepe Unchained is jumping onto the scene, but with a twist – its layer-2 network will be built specifically for meme coins.
The aim is to create a network where meme coin lovers can send and receive tokens in seconds rather than minutes.
Not only that, but transaction fees will be a fraction of what they are on Ethereum.
This is all part of Pepe Unchained’s goal to make meme coins more accessible and enjoyable for the average investor.
Adding to the project’s appeal is its Pepe-themed aesthetic, which taps into the meme coin culture that so many people know and love.
PEPU Presale Continues Impressing & Passes $1.5M Milestone
Since kicking off its presale on June 16, Pepe Unchained has raised over $1.5 million.
That’s around $100,000 flowing in every single day.
Talk about making an impact.
Interested investors can now buy PEPU tokens for just $0.008193 each.
But that price won’t last forever – it will rise as the presale hits more milestones.
With 20% of the 8 billion token supply set aside for presale investors, there’s a clear focus on community.
Crucially, there’s no team allocation.
It’s a move that’s rare for meme coins since most creators allocate a portion of the tokens for themselves.
This “community first” approach could be a big selling point for Pepe Unchained.
And if that wasn’t enough, the project has already been audited by both SolidProof and Coinsult.
The fact that Pepe Unchained has been audited twice, even before it’s launched, shows the team’s commitment to transparency.
Staking Rewards & Community Growth Set Stage for PEPU Success
Pepe Unchained really sets itself apart through its “double staking” protocol.
This protocol offers an estimated annual yield of 1,133%.
Although the yield will decrease as investors stake more PEPU, it’s been enough to catch investors’ attention.
Over 141 million PEPU tokens have been staked – all before the developers officially launch the project.
That’s a lot of early faith shown by investors.
Once the presale wraps up, Pepe Unchained’s team has their sights set on DEX listings.
No specific date or platform has yet been revealed.
But with over 4,400 people already following Pepe Unchained’s Twitter page, there’s quite the crowd waiting for this open market debut.
Adding to the hype is PEPU being ranked second on CoinSniper.net.
This site reviews and rates upcoming token launches, and such a high ranking suggests Pepe Unchained is already getting a lot of attention.
So, will PEPU be the next big meme coin star this year?
There’s no way of telling this early, but given its layer-2 ambitions and high staking rewards, it’s certainly positioning itself as a token to watch.
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