The crypto world is no stranger to unexpected contenders.
But Pepe Unchained (PEPU), the meme-turned-blockchain phenomenon, continues to defy expectations.
Its presale has already passed the $8 million mark – and many early backers believe PEPU could be the next big thing in the Layer-2 space.
Presale Demand Soars as Pepe Unchained Passes $8M Milestone
Pepe Unchained is going viral in its presale.
It’s raked in $8.2 million so far, with PEPU tokens going for just over $0.009 each.
But that price won’t last long, since it’ll jump up again in one day when the next presale stage kicks off.
The team accepts purchases made using ETH, USDT, BNB, or even credit/debit cards for those ready to dive in.
And there’s no word yet on a hard cap or when the presale will end – which has everyone buzzing with theories.
Talk in the Pepe Unchained Telegram channel is that a DEX listing is in the works post-presale.
Uniswap seems the likeliest destination since PEPU is an ERC-20 token.
Pepe Unchained’s whitepaper outlines that 10% of the token supply will be used for liquidity, which should allow for smoother trading once PEPU goes live.
Another 20% is earmarked for marketing.
Then there’s a 10% chunk for “Project Finance” to ensure the entire Pepe Unchained project works as it should.
Clearly the developers have their sights set on the long term.
Pepe Unchained Reveals Ambitious Layer-2 Plans
Pepe Unchained isn’t just another random token.
It’s aiming to build a brand-new Layer-2 network.
And not just any Layer-2 – one that’s specifically designed for meme coins.
Pepe Unchained’s team is making some big promises, like being 100 times faster than Ethereum, complete with a dedicated block explorer and instant bridging to Ethereum.
But what could really shake things up are its fees.
If the team can deliver on their promise of drastically lower transaction costs, we might be looking at a future hub for meme coins.
Creators could be flocking to this Layer-2 left and right.
And there’s more, since Pepe Unchained even has a “double staking” feature that’s drawing attention.
Right now, PEPU holders can earn a 236% annual yield on their tokens.
Over 678 million PEPU have been locked up since the protocol went live.
This combination of Layer-2 tech and staking could be a recipe for serious growth.
Industry Buzz Builds Around Pepe Unchained’s Launch
Pepe Unchained is blowing up on social media.
The official Twitter account is expanding rapidly, with hundreds of followers joining each day.
The project has also snagged the #1 spot on ICOBench.com and the #2 spot on CoinSniper.net.
Not bad for a complete newcomer.
Adding to the hype, YouTubers are also all over the project.
Zach Humphries, who has more than 150,000 subscribers, released a video saying it has “big potential.”
ClayBro even called it the “top meme coin coming up.”
These endorsements are huge for a meme coin that’s just starting out.
So, what’s the bottom line?
Pepe Unchained is definitely drawing attention, but in the meme coin space, things can change quickly.
Will this frog-themed Layer-2 project live up to the early hype?
Only time will tell – but it’s definitely worth watching in the final few months of 2024.
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