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Reading: Pepe Unchained $PEPU Presale Surpasses $9 Million Amidst High $PEPE and Layer 2 Activity
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Gulf Press > Business > Crypto > Pepe Unchained $PEPU Presale Surpasses $9 Million Amidst High $PEPE and Layer 2 Activity
Crypto

Pepe Unchained $PEPU Presale Surpasses $9 Million Amidst High $PEPE and Layer 2 Activity

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Last updated: 2024/08/16 at 8:37 PM
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Pepe Unchained ($PEPU) has recently exceeded $9 million in funds raised during its presale, showing rapid growth as investors continue to show interest in this new token. Running on its own Layer 2 chain on Ethereum, $PEPU has attracted a mysterious whale who invested $3.13 million in the token during a dip. Additionally, there has been a surge in activity around Ethereum Layer 2 solutions, with Coinbase’s Base chain hitting 3.6 million transactions and all Layer 2 protocols collectively handling 12.44 million transactions in recent days. Influencers in the Web3 space, including Austin Hilton, have been promoting $PEPU, contributing to its popularity.

With the second-month anniversary of its presale approaching, Pepe Unchained is expected to reach $10 million as interest in the token continues to grow. Investors can currently purchase $PEPU at $0.00909010, which is the lowest price available for the remainder of the presale. Offering staking rewards of over 218% APY, lower fees, and faster speeds compared to leading ERC-20 meme coin competitors, $PEPU has garnered attention for its potential listing on exchanges post-ICO. The original Pepe coin ($PEPE) is a top meme coin with a market cap of $3 billion, originating from the iconic Pepe meme that gained popularity in the noughties and later became a symbol in the Hong Kong protests. By freeing itself from the limitations of Ethereum, Pepe Unchained aims to offer a unique and utility-driven approach to meme coins.

Pepe Unchained operates on its own proprietary Ethereum Layer 2 blockchain, leveraging the benefits of enhanced speeds and cost-efficiency. With Ethereum’s main network processing only about 15 transactions per second, Layer 2 protocols have been developed to alleviate congestion and reduce transaction fees. $PEPU stands out as the first Pepe token on its own Layer 2 chain, providing users with a faster and cheaper way to transact compared to Ethereum. The project includes a dedicated block explorer and offers seamless bridging between Pepe Unchained and Ethereum’s Layer 1. By combining the fun and playful spirit of Pepe ownership with significant utility and cost savings, Pepe Unchained is poised to attract meme coin and DeFi investors seeking staking opportunities and trading potential.

Fully audited by Coinsult and SolidProof, Pepe Unchained has not raised any critical issues or concerns in its smart contract. Investors are encouraged to join the $9 million wave of $PEPU and secure their position in this growing market. While crypto investments carry inherent risks, the potential for substantial returns and the unique features of Pepe Unchained make it an appealing option for those looking to diversify their portfolios. As the token approaches its listing on exchanges, now may be the ideal time to consider investing in $PEPU. Visit the Pepe Unchained presale website to learn more and participate in this exciting opportunity.

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News Room August 16, 2024
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