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Pepe Unchained, a new memecoin with its own layer 2 blockchain, raises nearly $7.5 million amid recent market volatility.
In crypto, winning projects keep winning, and that’s good news for Pepe Unchained (PEPU). This new memecoin is the first of its kind, boasting its own layer 2 blockchain.
Investors are showing strong interest. Amid Monday’s flash crash and Tuesday’s recovery, they kept pumping funds into the presale, which now sits at almost a $7.5 million total raise.
PEPU at $0.0089105 – price increase in 1 day
A race to buy PEPU at the rock-bottom price has begun. The Pepe Unchained presale operates on a multi-tiered pricing system. This means the price will gradually rise as the campaign advances.
With over $7.4 million raised, investors are quickly securing their positions.
Right now, the price is $0.0089105. However, this is expected to rise in just over one day. This means investors can theoretically make gains, even before PEPU lists on exchanges.
But there’s more. Analysts have high hopes that PEPU will explode after its initial exchange offering (IEO).
Here’s what ClayBro said, “I think a lot of people can make money with meme coins moving forward, specifically Pepe Unchained.”
He also underscored that the crypto market is exhibiting a strong rebound, which is a big boost to Pepe Unchained’s potential.
And it’s not just ClayBro backing it. Excitement is flooding in across the board. The 99Bitcoins YouTube channel, which has 700K subscribers, recently said Pepe Unchained could 100x.
Meanwhile, the community growth metrics are also soaring. The Pepe Unchained X account boasts over 9K followers, and its official Telegram channel has over 4K members.
Pepe Unchained – a home for memecoins on Ethereum
For retail investors, memecoins are the ultimate lottery ticket to absurd riches. Yet for a long time, the industry has lacked a dedicated place to do meme coin business.
A lot of traders chose Solana, but the chain is riddled with issues like outages and centralization. Others chose Base or Ethereum, but these also have issues. For instance, people are concerned about Base’s centralization and Ethereum’s high transaction fees.
But now there’s a new kid on the block, and its sole purpose is to house memecoins. Enter Pepe Unchained, a decentralized Ethereum layer 2 blockchain that promises fast, low-cost transactions.
The Pepe Unchained presale allows community members to buy a piece of the ecosystem, ensuring it is adequately decentralized. But here’s where it gets fascinating:
Pepe Unchained could be the most high-octane, enigmatic blockchain on the market.
Picture this: An ecosystem where all dApps are focused around memecoins, which happens to be the most volatile asset class in crypto.
Investors could have a perpetual exchange to trade memecoins with leverage. Or a memecoin-focused peer-to-peer lending app. It’s all possible with Pepe Unchained. It could prove legendary.
Vitalik says L2s UX is about to surge- bullish for PEPU
Vitalik Buterin, the esteemed founder of Ethereum, recently revealed his vision for layer 2 blockchains like Pepe Unchained. He explained that seamless layer 2 interoperability is coming sooner than you think.
In practicality, this means users could seamlessly switch blockchains and move liquidity without complication. That’s excellent for Pepe Unchained, as it gives it more chance to absorb the layer 2 sector’s $35 billion TVL.
Layer 2 activity has been on the up for a while now. According to L2Beat, activity exploded in June and has remained high since.
The sector reached an ATH of average transactions per second, indicating that the demand for low-cost Ethereum offshoots has never been higher.
Blurring the lines between layer 2 blockchain and memecoin, Pepe Unchained is one of crypto’s top new contenders.
It’s no wonder investors are scrambling to get in. And they can compound their gains with staking. The feature is live and currently provides a 263% APY.
For more information, visit the Pepe Unchained presale website.
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