Pepe Unchained raises $8.5M in presale as experts make bullish calls on project

Pepe Unchained raises $8.5M, boosting its potential as a top memecoin with a Layer-2 Ethereum scaling solution.

Pepe Unchained (PEPU) has successfully raised over $8.5 million, marking a significant milestone for the project. This achievement reflects the growing interest and confidence in the unique offerings and vision of Pepe Unchained, which aims to be the top memecoin to solve Ethereum’s scaling issues. 

With a unique Layer-2 solution, the Pepe Unchained network could become the new hub for ERC-20 meme tokens with lower costs and faster transaction fees. 

A limited-time opportunity to buy at discount

Interested investors can buy PEPU tokens for $0.0090539 apiece during the current presale stage. The price is expected to rise in less than 20 hours. Pepe Unchained’s token price will likely continue increasing every few days until the presale ends.

For those on the fence, this could be a final chance to buy at a discount before PEPU lists on exchanges where the price will not be the same.

Those who invest during the presale can stake their tokens for a dynamic annual percentage yield of over 220%. Being dynamic, the APY will drop as more tokens are staked, allowing early investors to get more tokens without buying them.

This phase is designed to reward the community and early adopters who believe in the project’s vision and potential.

What Is Pepe Unchained?

Pepe Unchained is a Layer 2 blockchain that aims to solve Ethereum’s scaling issues. Since Ethereum can process 15 transactions per second for an average gas fee of $1, it makes it a slow blockchain for trading meme coins.

The Pepe Unchained Layer 2 solution works similarly to Polygon, Arbitrum, and Optimism where multiple transactions are bundled together and sent for settlement on Ethereum Mainnet as a single transaction.

This allows the Layer 2 to have 100x the speed of Ethereum at a lower cost. With Pepe Unchained focusing on meme coins, its new Layer 2 solution could become a memecoin trading hub where users can trade efficiently and then bridge back to Ethereum whenever they want.

So far, Shiba Inu is the only memecoin that has successfully built its own Layer 2 blockchain solution. As a result, multiple DeFi and metaverse platforms can be built, giving Shiba Inu a massive value on top of being a memecoin. Shiba Inu is now the second largest memecoin by market cap, with a value of over $8 billion. 

If Pepe Unchained can pull it off, this could be the next big crypto to watch this bull run.

The Pepe meme freed from its chains

At its core, Pepe Unchained is a memecoin. It uses the popular Pepe the Frog mascot that has already gained traction with the original PEPE, which is now trading at a market cap of over $3 billion. With dozens of copycat coins emerging on the regular, it shows that the Pepe trend is still strong.

Aside from its utility in the form of a Layer 2 blockchain solution, Pepe Unchained is audited by Coinsult and SolidProof, giving it another advantage over its competitors, many of which aren’t audited.

As a result of all Pepe Unchained has to offer, many popular crypto YouTubers have taken notice. ClayBro has even dropped a price prediction with a potential 10x increase in 2024.

Pepe Unchained tokenomics

The PEPU token has a total supply of 8 billion, where 20% is allocated to the presale. Staking rewards get 30%, making a total of 50% to be distributed to early investors and community members.

Marketing also gets a 20% allocation, which is needed to grow the community. The remaining 30% is equally distributed for exchange liquidity, blockchain inventory, and project finance to help the Layer 2 blockchain run smoothly.

With over $8.5 million now secured and the $9 million mark fast approaching, the team behind Pepe Unchained is well-positioned to execute its roadmap and launch the Layer 2 solution. 

For more information, visit the Pepe Unchained presale website or follow the project on Telegram and X.

This article first appeared at crypto.news