Home A New Layer 2 Meme Token ICO Raises $15.5 Million – Next 100x Frog Coin?

A New Layer 2 Meme Token ICO Raises $15.5 Million – Next 100x Frog Coin?

For investors holding or interested in the frog meme coins, Pepe Unchained offers an exciting opportunity with the potential for 100x returns.

Currently in its presale phase, this innovative meme coin project has attracted significant attention and raised an impressive $15.5 million.

With the development of a dedicated Layer-2 blockchain underway, many experts predict that Pepe Unchained (PEPU) will become the most successful meme coin launch of 2024.

Pepe Unchained: Building a layer-2 blockchain for meme coins

If the latest crypto trends haven’t been on the radar, the excitement surrounding Layer-2 blockchains might raise questions. Simply put, these solutions operate on top of existing blockchains like Ethereum, managing the heavy tasks while providing faster transactions and lower fees.

2024 has proven successful for these solutions, with Arbitrum and Base leading the charge. Investors have locked over $37 billion in these layer-2 networks, marking a 226% increase compared to last year. This rising demand for scaling solutions bodes well for new projects like Pepe Unchained.

Unlike other meme coins that rely solely on hype, Pepe Unchained is launching its own Layer-2 chain, the first to focus exclusively on meme coins. It offers instant bridging to Ethereum, lower transaction fees, and speeds up to 100x faster than Ethereum.

The team is also creating a custom DEX for the Pepe Chain. With no other Layer-2 network like it, Pepe Chain has drawn significant online attention. They recently announced a developer grant program called “Pepe Frens with Benefits.”

Developers eager to build on the Pepe Chain can apply for grants and receive rewards for their efforts. This setup provides funding and support for developers while allowing Pepe Unchained to expand its ecosystem. Applications will open in Q4 2024.

With over 8,000 Telegram subscribers and 19,000 Twitter followers, the community around Pepe Unchained is expanding. The project has gained visibility and credibility through features in various media outlets.

Pepe Unchained’s massive presale success signals potential post-launch rally

Pepe Unchained has raised $15.5 million in presale funding, reflecting strong market interest. This presale allows investors to buy $PEPU tokens at a fixed price of $0.00986 before they enter the open market.

This impressive ICO performance has drawn attention from investors of all sizes. Some crypto whales have made substantial investments, with individual transactions reaching as high as 23 ETH and 10 ETH.

A New Layer 2 Meme Token ICO Raises $15.5 Million - Next 100x Frog Coin?

Whale activity often signals bullish sentiment—when large investors commit significant funds, it typically shows their confidence in the project’s long-term potential, backing their beliefs with financial support.

The team has made joining the Pepe Unchained presale easy. All investors need is a crypto wallet (like MetaMask) and some ETH, USDT, BNB, or a credit card.

However, it’s not just the discounted price that attracts attention. Pepe Unchained features a double staking protocol, providing significant rewards for $PEPU holders. Investors can stake their Pepe tokens to earn an impressive 136% return, further boosting potential earnings.

With Bitcoin approaching all-time highs, historical trends indicate that meme coins often experience substantial growth during such periods. If Pepe Unchained launches at the right moment, it could see significant price action.

Pepe Unchained: Tokenomics, audits, and future plans

Pepe Unchained’s tokenomics structure is attracting attention. The team has reserved 40% of the total supply of 8 billion tokens for presale buyers, 30% for staking rewards, 10% for marketing, and the remainder is allocated to liquidity, development, and chain inventory.

Two top blockchain security firms, Coinsult and SolidProof, have audited the project. Their audits found no critical issues, and the results are available on the project’s website. It’s unusual for a new meme coin to prioritize security to this extent, and the community around Pepe Unchained seems to recognize this effort.

The team isn’t resting on their laurels after a successful presale—they have ambitious plans ahead. The first step involves launching a custom DEX on the Pepe Chain, which could spark a new wave of meme-driven trading.

This is just the beginning, as the Pepe Unchained team aims to list $PEPU on additional DEXs and even some CEXs. These listings will pave the way for broader adoption and potential explosive growth. However, hype alone won’t make a project stand out.

While uncertainty surrounds meme coins, Pepe Unchained appears to meet all the right criteria to be a project worth following. To take part in the $PEPU token presale, visit pepeunchained.com.

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Alvin Hemedez
Crypto Writer

Alvin Hemedez is a cryptocurrency analyst, finding a talent for the technical side of blockchain with his background and degree in Industrial Engineering. Hailing from Los Baños, Calabarzon in the Philippines, Alvin's work experience includes managing the eCommerce side of Shopee PH, Singapore and South East Asia's equivalent of Amazon with a base in the Philippines. Alvin's current news coverage on ReadWrite includes a special focus on emerging projects and new ICOs.

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