Home Could Roost Coin’s Project Development Boost Its Price, or Should Investors Consider This Layer 2 Meme Coin?

Could Roost Coin’s Project Development Boost Its Price, or Should Investors Consider This Layer 2 Meme Coin?

Roost Coin, one of the hottest Base meme coins today, has gained a lot of attention recently, with several important updates.

Even with a recent price dip, many analysts believe it could become the next big thing in the Base ecosystem.

This belief comes from the project’s strong branding, useful features, and a lively, engaged community.

ROOST technical analysis and updates

As of the latest data, Roost Coin’s market cap stands at $2.4 million. This may not seem impressive at first glance, but the project’s potential tells a different story. While the price declined by 2% today and dropped 10% over the past week, a broader view shows a different trend.

Over the past month, Roost Coin surged by 75%, demonstrating significant upward momentum despite recent downturns. Roost Coin’s potential shines through its comprehensive utility and polished branding.

The project seems poised to grow into a multi-million-dollar venture, given its professional appearance and the strong foundation it has built. However, it needs to provide a clear roadmap outlining the project’s future direction.

Roost Coin continues to expand its offerings and partnerships actively. For example, Base News recently reported that users can now play over 2,000 casino games and engage in futures trading using ROOST. This collaboration with Pigmo, a platform with 68,000 followers, highlights Roost Coin’s growing influence.

Additionally, ROOST plans to launch a community-driven 1,000 profile picture project to further engage its fanbase. This initiative, designed to reward supporters, demonstrates the project’s commitment to community engagement. The artwork, already sparking excitement, captures the creative spirit of the Roost Coin ecosystem.

Strategic partnerships are also boosting Roost Coin’s appeal. A notable partnership with Krav allows users to trade BTC perpetuals on the Base blockchain using Roost as collateral. This marks a significant milestone, as Krav’s platform is DeFi’s first quanto perpetual protocol to support such functionality.

This collaboration not only enhances Roost Coin’s utility but also strengthens its position within the broader crypto ecosystem. Alongside Roost Coin’s developments, an intriguing presale opportunity has emerged. The project is called Pepe Unchained. Let’s dive deeper into this crypto project.

If you’re looking for investment opportunities that could offer big returns and increase in value during the next bull run, check out our guide here for the best crypto presales of 2024.

Pepe Unchained (PEPU)

In the fast-growing meme coin market, Pepe Unchained (PEPU) stands out. It has already raised over $8.3 million in its presale, showing strong potential compared to its competitors.

PEPU Presale Now Raises $8 Million

Pepe Unchained currently offered traders a chance to buy $PEPU at $0.0090178. This deal is available for a limited time. The presale’s strong momentum has pushed the project to new milestones, marking just the beginning of its growth.

As the project expands, Pepe Unchained’s value is expected to rise as well. For those eager to invest, the team accepts purchases through ETH, USDT, BNB, or even credit/debit cards. Speculation is buzzing since there’s no announcement yet on a hard cap or presale end date.

In the Pepe Unchained Telegram channel, people are talking about a possible DEX listing after the presale, with Uniswap being the likely choice since $PEPU is an ERC-20 token. Pepe Unchained isn’t just another token; it aims to create a new Layer-2 network specifically for meme coins.

This Layer-2 network promises to be 100x faster than Ethereum, featuring a dedicated block explorer and instant bridging to Ethereum. But the real game-changer could be the lower transaction fees.

If the team delivers on these promises, Pepe Unchained could become a major hub for meme coins. Creators might flock to this Layer-2 network, especially with the “double staking” feature that offers a 233% annual yield. Since the protocol went live, over 687 million $PEPU tokens have been locked up.

This combination of Layer-2 technology and staking could lead to significant growth. Investors and enthusiasts should watch this project closely, as it has the potential to redefine the future of meme coins and meme coin trading.

Pepe Unchained is also gaining massive traction on social media, with its official X (Twitter) account rapidly growing by hundreds of followers each day.

To take part in the $PEPU token presale, visit pepeunchained.com.

Related

About ReadWrite’s Editorial Process

The ReadWrite Editorial policy involves closely monitoring the tech industry for major developments, new product launches, AI breakthroughs, video game releases and other newsworthy events. Editors assign relevant stories to staff writers or freelance contributors with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

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.

Get the biggest tech headlines of the day delivered to your inbox

    By signing up, you agree to our Terms and Privacy Policy. Unsubscribe anytime.

    Tech News

    Explore the latest in tech with our Tech News. We cut through the noise for concise, relevant updates, keeping you informed about the rapidly evolving tech landscape with curated content that separates signal from noise.

    In-Depth Tech Stories

    Explore tech impact in In-Depth Stories. Narrative data journalism offers comprehensive analyses, revealing stories behind data. Understand industry trends for a deeper perspective on tech's intricate relationships with society.

    Expert Reviews

    Empower decisions with Expert Reviews, merging industry expertise and insightful analysis. Delve into tech intricacies, get the best deals, and stay ahead with our trustworthy guide to navigating the ever-changing tech market.