Pepe Unchained (PEPU) is the latest meme coin to catch investors’ attention.
Its presale has now raised over $18 million, and with plans to launch its own layer-2 network, Pepe Unchained is looking to set itself apart from all the other frog-themed joke coins.
Pepe Unchained’s ambitious layer-2 network for meme coin traders
Pepe Unchained is aiming higher than the typical meme coin by developing its own blockchain.
This blockchain, called Pepe Chain, is being built to address Ethereum's scalability issues.
Pepe Unchained’s team says their blockchain could make meme coin trading much smoother.
According to the project’s whitepaper, the team is aiming for transaction speeds up to 100 times faster than Ethereum.
And with much lower gas fees.
It’s an ambitious goal – but one that’s drawing interest from the retail trading community.
Another key feature of the Pepe Chain is its compatibility with Ethereum.
This means users can quickly transfer assets between the two networks, potentially bringing together the best of both.
The team also plans to release a dedicated block explorer and a custom-built DEX.
Ultimately, Pepe Unchained aims to streamline the trading process for meme coin investors, making it easier to buy, sell, and hold.
This mission has helped Pepe Unchained’s Telegram channel grow to over 9,400 members.
PEPE presale raises over $18M before planned exchange listings
Pepe Unchained’s presale has attracted significant attention lately.
So far, the presale has raised over $18.2 million, showing strong investor interest in this layer-2 meme coin.
The presale’s setup is straightforward.
Investors can buy PEPU tokens at a fixed price using ETH, USDT, BNB, or a credit/debit card.
There’s also no minimum investment threshold.
One of the presale’s standout features is the ability to stake PEPU tokens immediately after buying them, with APYs reported at 119%.
However, that number will come down as investors stake more PEPU.
Another notable feature is the presale’s security.
The team has had Coinsult and SolidProof audit the PEPU token, and the reports are available for anyone to review.
This approach adds a level of transparency that’s uncommon for new meme coin projects.
As for what’s next, Pepe Unchained’s team has big plans after the presale ends.
They’re aiming for listings on DEXs and possibly CEXs by the end of the year.
The team has also set aside 7.5% of the total PEPU supply (600 million tokens) to provide exchange liquidity.
Pepe Unchained announces developer grants & gains social media traction
Beyond its layer-2 aspirations and presale, Pepe Unchained has been making progress in other areas.
The project recently announced a developer grant program called “Frens with Benefits,” which aims to jumpstart its ecosystem.
This initiative could attract fresh talent – potentially setting the stage for significant DApp development on the Pepe Chain.
The online buzz around Pepe Unchained is also hard to ignore.
Pepe Unchained has gained traction on social media platforms and even nabbed the number two spot on CoinSniper.net.
Plus, the project’s Twitter page has grown to almost 40,000 followers.
Looking ahead, the team’s focus on being a meme coin layer-2 solution could help differentiate it from other no-utility tokens.
If Pepe Chain can deliver on its promises of faster speeds and lower fees, it might attract both retail traders and serious DeFi users.
However, the project will still face stiff competition.
The layer-2 sector continues to grow, with these networks now handling over $34 billion in value locked.
Pepe Unchained will have to disrupt the status quo to stand out.
Many early backers believe it can – which is why the project is receiving so much attention right now.