Home Pepe Unchained Layer 2 ICO Raises $11 Million – Is PEPU the Next 50x Meme Coin?

Pepe Unchained Layer 2 ICO Raises $11 Million – Is PEPU the Next 50x Meme Coin?

Several frog-themed meme coins have declined today, leading investors to explore new options. One such alternative gaining attention is Pepe Unchained (PEPU).

This utility-focused meme coin has raised $11 million in presale funding, which will be used to develop its main project, the “Pepe Chain”—an Ethereum layer 2 blockchain designed for meme coins.

Several well-known crypto analysts are backing Pepe Unchained (PEPU), predicting it could be the next 100x meme coin.

Pepe Unchained layer 2 blockchain and high staking rewards

Ethereum has evolved from being just a single blockchain into an entire ecosystem, consisting of the main chain and numerous layer 2 networks. These layer 2s offer faster and more affordable transactions while connecting back to the Ethereum main network.

Projects like Polygon, Arbitrum, and Optimism started as “generalist layer 2s,” mimicking Ethereum but with better scalability for various uses. Later, developers saw that layer 2s could do more and began creating specialized ones, expanding their potential.

For example, Blast focuses on NFTs, Manta emphasizes privacy, and Immutable X caters to gaming. Sony is also developing a layer 2 for gaming. But one niche remained unaddressed: meme coins. This is where Pepe Unchained steps in, introducing the first Pepe-themed token with its own blockchain.

Pepe Unchained Layer 2 Blockchain

The team behind Pepe Unchained promises transaction speeds 100x faster than the Ethereum main network, along with lower fees. The real excitement lies in the limitless possibilities on Pepe Unchained.

With its scalability and specific focus on meme coins, the platform opens the door for developers to create innovative meme coin-related dApps and tools. It will feature a block explorer, a dedicated Ethereum bridge, and a staking mechanism.

$PEPU holders can take advantage of staking features to generate a steady stream of passive income as the project progresses. Pepe Unchained elevates staking by offering double rewards, made possible by its enhanced efficiency and lower operational costs.

Block rewards are set at $608.82 per ETH block, with an estimated annual percentage yield (APY) exceeding 180%. Staking PEPE tokens lets investors earn returns while helping stabilize or increase the token’s value by reducing its circulation.

This staking strategy is proving effective, with over 885 million $PEPU tokens already staked, reflecting strong investor confidence in the project. Therefore, purchasing $PEPU during its presale event is essential for those looking to benefit from these impressive staking rewards.

Pepe Unchained presale hits $11 million

The Pepe Unchained (PEPU) presale has drawn significant investor interest, raising over $11 million, making it one of the biggest ongoing crypto presales. Currently priced at $0.0093851, $PEPU is expected to see its price increase as the presale progresses.

To invest, connect a wallet to the Pepe Unchained website, choose the purchase amount, and select the preferred payment method. The presale accepts payments in ETH, BNB, USDT, and bank cards. After the campaign ends, tokens can be claimed directly from the website.

The presale allocates 20% of Pepe Unchained’s total supply, with another 30% set aside for staking rewards. This setup allows some investors to potentially double their money through staking. The remaining tokens will be distributed across marketing, liquidity, project finance, and chain inventory.

Security holds top priority for Pepe Unchained, as demonstrated by SolidProof’s comprehensive audits of its smart contracts. These publicly available audits confirm the project’s legitimacy and commitment to safeguarding investor funds.

The effort to secure these audits emphasizes Pepe Unchained’s seriousness and reliability within the crypto space, reducing the risk of scams and rug pulls.

Pepe Unchained’s social media presence further underscores its success, with over 6,300 members in its Telegram community and 12,000 followers on Pepe Unchained X.

Why PEPU is experts top meme coin choice?

Pepe Unchained also has a nod of approval from some leading industry experts. ClayBro, an analyst with 130K YouTube subscribers, predicted that Pepe Unchained will “become the top meme coin.”

He highlighted that Pepe Unchained has raised nearly $11 million, making it one of the largest ongoing presales, which speaks to its strength. Despite the market downturn since June 5th, Pepe Unchained continues to sell out and raise funds, a sign that it is doing something right compared to other presales.

When ClayBro referred to Pepe Unchained as the “top meme coin,” it’s unclear if he meant it would surpass Dogecoin or if he was referring to it as the top new meme coin. Regardless, the analyst remains confident in $PEPU’s potential. He’s not alone in this view.

The 99Bitcoins YouTube channel labeled Pepe Unchained a “100x gem,” suggesting it could increase 100x in value after it launches on exchanges. Other well-known traders have also joined the Pepe Unchained presale.

Cilinix Crypto, in a recent video, mentioned that the hype and momentum surrounding Pepe Unchained are crucial factors for a profitable presale. He revealed that he invested in the project because of its underlying product, a layer 2 blockchain focused on Pepe.

Cilinix Crypto emphasized that momentum is a key factor for a successful presale. With all this expert attention, $PEPU becomes even more compelling, suggesting it could deliver massive returns when it launches and hits the market.

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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