Pepe Unchained raised more than $1 million in the first week of its presale for a new Ethereum Layer-2 blockchain built around the ultra-popular Pepe meme.
The presale’s fiery start is a strong indicator that Pepe Unchained’s $PEPU token could be one of the hottest meme coins of the year—and potentially deliver massive returns after launch. Could $PEPU be the next 100x presale token?
Pepe Unchained Could Be a Hub for Meme Coin Development
Traders are piling into the Pepe Unchained presale because they see the future potential in this Ethereum Layer-2 network. Pepe Unchained plans to offer the same transaction security as Ethereum, while processing transactions at 100x the speed and a fraction of the cost.
Similar Layer-2 networks like Optimism and Arbitrum that have delivered similar advances have seen huge value accrue for early investors.
In addition, Coinbase’s Layer-2 network, Base, has shown that Layer-2 meme coins can be enormously popular. $BRETT, which was developed on Base, rocketed more than 100x after launching and is now among the top 10 meme coins on any chain.
While the team behind Pepe Unchained hasn’t unveiled plans yet for how its Layer-2 could be developed, it could emerge as a hub for meme coin creation. $PEPU could be just the first—and most valuable—of a whole ecosystem of meme coins operating on Pepe Unchained.
That in turn would be good for the value of $PEPU. The more development there is on Pepe Unchained, the more transactions the network will manage and the more demand there will be for $PEPU to pay gas fees.
<blockquote class=”twitter-tweet”><p lang=”en” dir=”ltr”>Exciting news! Pepe's blockchain is incubating! 🐸✨<br><br>Stay tuned for groundbreaking developments and join Pepe's transformation 🧬 <a href=”https://t.co/ramYFpUKvD”>pic.twitter.com/ramYFpUKvD</a></p>— Pepe Unchained (@pepe_unchained) <a href=”https://twitter.com/pepe_unchained/status/1805577679925817378?ref_src=twsrc%5Etfw”>June 25, 2024</a></blockquote> <script async src=”https://platform.twitter.com/widgets.js” charset=”utf-8″></script>
It’s also worth noting that Pepe Unchained plans to offer Layer-2 staking rewards, a unique development that could set this network apart from competitors. During the presale, early $PEPU investors can fill their bags with a massive 1,920% APY.
Pepe Meme Continues to Gain Popularity, Driving Excitement around $PEPU
Pepe Unchained’s mascot—Pepe the Frog—is also a big part of what’s drawing traders to this new meme project. The Pepe meme has proven to have as much staying power as the doge meme since $PEPE coin first exploded onto the crypto scene in 2023.
The Pepe meme has driven explosive growth for a number of tokens since, including Book of Meme, Smidge, Memetic, and more. In fact, 3 of the top 15 meme coins by market cap feature Pepe.
Just this week, the original $PEPE coin jumped 12% on a surge of trading volume. It’s now pushing towards a new all-time high, showing that the rush of enthusiasm around this meme is far from over.
That’s great news for Pepe Unchained, which could capitalize on the renewed hype. Meme traders are already looking at $PEPU as the next Pepe token with the potential to skyrocket.
Crypto Analysts Back Pepe Unchained, Encourage Followers to Buy Presale
Another bullish signal for Pepe Unchained is that prominent crypto analysts are raising the alarm to their followers that they need to get in on this presale.
In the past week, analysts like Crypto ZEUS, Matthew Perry, and Austin Hilton have all shared bullish forecasts about $PEPU. Together, these analysts have more than 570,000 subscribers on YouTube.
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Thanks to the attention, Pepe Unchained has seen a flood of new followers on its X and Telegram channels. The project now has more than 5,000 combined followers and is releasing a steady stream of potentially viral content.
The overall sentiment is that the Pepe Unchained presale is an opportunity meme coin traders and crypto investors won’t want to miss. During the current presale stage, investors can buy $PEPU at a fixed price of $0.0080964 and start staking to enjoy rewards up to 1,920% APY.
