Watch out, Pepe. A new prospect has entered the market and packs a punch.
Pepe Unchained is a new utility-centric meme coin based around the iconic Pepe the Frog meme.
It’s following in the footsteps of Pepe coin, but it’s equipped with a lot more firepower.
Notably, it has its own Ethereum layer 2 blockchain. It’ll be a playground for “degens” and hungry devs looking to make a name for themselves in crypto’s most volatile sub-sector.
The good news is that Pepe Unchained remains at presale, so investors can buy it at the lowest possible price.
It has raised over $5 million so far, with a whopping $1 million coming in the last week.
As investors sink millions into the presale, it becomes clear that $PEPU is a meme coin to watch.
The frog flippening: could Pepe Unchained flip Pepe?
Pepe coin was not the first Pepe the Frog-themed meme coin – it was just the first to gain traction.
So, considering there were others before it, could we see another Pepe-themed token steal the crown?
If it were to happen, there’s every chance that Pepe Unchained pulls it off.
It’s unlike any other meme coin.
The project is raising funds to build an Ethereum layer 2 blockchain.
Utility is at the heart of Pepe Unchained, but it has not forgotten its roots.
Pepe Unchained is a home for meme coin fanatics and degens, expanding the possibilities of joke tokens.
Or in the words of the Pepe Unchained website, the project is laying the foundations for “the new golden age of meme coins.”
And it’s not just investors who understand the power of such a use case.
Sentiment among leading industry experts is also significantly bullish.
For instance, amid the market crash earlier in July, the 99Bitcoins YouTube channel highlighted that Pepe Unchained continued to explode while other projects crashed.
Bringing in the project’s groundbreaking use case, the analyst suggests Pepe Unchained could hold 100x potential.
Prominent news outlets have also picked up the project. For instance, CryptoPotato and Cointelegraph have both featured it recently.
Indeed, the support behind Pepe Unchained paints it as one of the most promising meme coins, but there’s much more to this project than hype.
Fast, cheap, decentralized: Pepe Unchained knows no bounds
Since 2021, Solana has been a home for degens thanks to its low fees and high speeds.
Back then, NFTs were all the rage, and now it’s meme coins like Dogwifhat and Bonk.
This memetic adoption catapulted its market cap to $89 billion.
However, there are a few issues with Solana that keep people skeptical.
Most importantly, it often suffers network outages, something experts attribute to its centralization.
Another issue is fragmentation. This separates it from Ethereum Virtual Machine (EVM) chains like Ethereum, BSC, Polygon, Arbitrum, Optimism, and Blast.
Solana is somewhat of a “lone wolf” in that regard, making it difficult to move liquidity on and off the network.
This is where Pepe Unchained steps in.
Like Solana, it’s cheap and fast (100x faster than Ethereum).
However, as an Ethereum layer 2, it also benefits from Ethereum’s decentralization, and moving funds on and off the network is a breeze.
And let’s not forget, it’s the only Ethereum layer 2 blockchain focused solely on meme coins.
That’s an exciting juncture, especially considering Solana hit a near-$90 billion market cap with less.
Pepe Unchained is also building a block explorer and Ethereum bridge, and it recently enabled staking.
Staking is one of the best ways to grow a Pepe Unchained investment.
Currently, stakers can garner a 360% APY, but this will decrease over time.
Meanwhile, the Pepe Unchained presale price will rise as the campaign advances.
This means that those seeking maximum gains must act quickly.
So don’t miss out. Follow Pepe Unchained on X or join its Telegram for the latest updates. Alternatively, visit its website to buy and stake tokens.
