The countdown is on for Pepe Unchained (PEPU) to launch on exchanges, an event highly anticipated by the project community.
Pepe Unchained is currently in a presale phase aimed at funding the development of an Ethereum layer 2 blockchain specifically for memecoins. The presale has recently achieved a significant milestone, raising $35 million, making it the largest memecoin ICO to date. This development highlights its potential for a substantial launch on exchanges.
Pepe Unchained’s meme-centric ecosystem
Pepe Unchained is laying the groundwork for crypto’s new home for memecoins.
The layer 2 blockchain, built on top of Ethereum, will offer users a high-speed, low-fee environment to trade the hottest asset class of 2024.
Pepe Unchained promises to be 100x faster and far cheaper than the Ethereum main network while providing potential users access from their Ethereum wallets.
So not only will they have an easy time migrating from Ethereum to Pepe Unchained, but a portion of Ethereum’s $58 billion total value locked (TVL) could well find its way there, too.
The Pepe Chain will come equipped with all the features you’d expect from a top blockchain: staking, a block explorer, and a dedicated Ethereum bridge.
However, after gathering all the core pieces, Pepe Unchained has begun adding experimental features such as “Pepe Pump Pad,” a two-click block explorer that lets users launch memecoins without coding experience.
Solana has a similar tool called Pump.fun, and it has birthed some of the ecosystem’s hottest tokens, such as Peanut the Squirrel and Goatseus Maximus.
Meanwhile, Pepe Unchained recently launched a developer grants program, which will pay blockchain builders to launch projects in the Pepe Unchained ecosystem.
Pepe Unchained’s Ethereum layer 2 blockchain use case is not just optics - there’s a chance they create something that could reshape the memecoin space. And it’s happening at the perfect time with the crypto bull run kicking off recently.
1 billion users to join the crypto industry, many could flock to PEPU
Earlier in 2024, Real Vision CEO Raoul Pal speculated that the crypto industry will reach 1 billion users by the end of 2025. At the time, that seemed like an overzealous claim.
But what has happened over the last three months has changed everything.
Crypto has shown that it has real-world utility. At the same time, Donald Trump’s entrance to the Oval Office marks a new era where developers can build without the looming threat of a regulatory purge.
On real-world utility, predictions market Polymarket is one of the first blockchain use cases that has proven to work on the world stage.
While mainstream media and official polls had the presidential elections neck-and-neck, Polymarket bettors heavily favored Trump - they even predicted which states he’d win in.
Polymarket continues offering new betting markets that could attract users, reiterating the potential impact that open and immutable blockchain technology can have on the real world.
Looking ahead, more crypto use cases will arise thanks to Trump’s pro-crypto stance and even wanting to make America the “crypto capital of the world.”
At the same time, users will be drawn to the increasing prices of Bitcoin and other crypto assets. Notably, Bitcoin is on the verge of breaking the prestigious $100K milestone.
But new users typically gravitate toward memecoins thanks to the sector’s entertainment and easy-to-understand values.
With that, Pepe Unchained’s memecoin layer 2 blockchain has the potential to capture significant demand in 2025.
The Pepe Unchained presale is approaching its end, which means the opportunity to purchase this memecoin at a fixed rate will soon be gone. For those interested in the current crypto market trends and the potential influx of new users, this may be a good time to consider getting involved.