Ethereum ETFs have just launched, but all focus is on meme coins.
The sector continues outperforming other crypto asset classes, making it easy pickings for profit-hungry traders.
Pepe Unchained ($PEPU) is at the top of the list of high-potential meme coins. It is undergoing a presale and recently crossed the $5 million total raised mark.
And there are no signs of slowing down. The project is making a name for itself as the first Pepe-themed token with its own blockchain.
Analyst braces for 100x gains on Pepe Unchained
A leading trader is betting big on the new presale.
Prominent low-cap gem hunter Jacob Bury provided a Pepe Unchained breakdown on the prestigious 99Bitcoins YouTube channel.
According to Bury, Pepe Unchained could do a 100x.
On the low end, Bury anticipates 2x returns for the token.
“This is the next meme coin that could do a 2-100x,” he said.
Indeed, even a 2x return outperforms most other financial asset classes, and a 100x is unheard of outside of crypto.
Yet capital appreciation is not the only way investors can pull profits from Pepe Unchained.
Bury underscored that the project also offers massive staking rewards.
Currently, investors can earn a 380% APY.
Although that will decrease over time, today’s yield should not be overlooked.
It averages over a 1% return daily.
In other words, you could make a passive $100 daily by investing $10K.
Pepe Unchained is the meme coin on crypto’s technological frontier
In a first for the crypto industry, Pepe Unchained is developing a meme coin-focused Ethereum layer 2 blockchain.
Ethereum creator Vitalik Buterin always envisioned the bulk of transacting computing off the main Ethereum chain and only reporting to it for finality.
Now, that vision is coming to fruition thanks to projects like Pepe Unchained.
The layer 2 sector is thriving.
Per L2Beat data, layer 2 activity is at an all-time high.
This means more users than ever are benefiting from Ethereum’s decentralization while enjoying low fees and high speeds.
It’s the future of blockchain.
Turning back to Pepe Unchained, the project promises speeds 100x faster and far lower fees than the Ethereum main net.
So far, the lion’s share of memetic activity has taken place on Solana.
The big issue is that Solana is overtly centralized, which often causes outages.
Pepe Unchained fixes this.
Moreover, the project is solely focused on meme coins. That’s a big distinction from other low-fee blockchains.
The meme coin market is valued at over $50 billion, and until now, it did not have a dedicated blockchain.
Investors are hungry for Pepe-themed tokens, and this is great news for $PEPU
Pepe Unchained’s $5 million total raise reflects a huge demand, but that’s just the beginning.
The OG Pepe coin has risen to a $5 billion market cap without utility.
Then you have imitation tokens ( known as the Pepe bloodline), the biggest of which is Brett.
Brett has a $1.3 billion market cap and has gained multiple Xs in recent months.
There’s also PeiPei, which has skyrocketed over 600% since its launch in June. Currently, PeiPei holds a $126 million market cap.
Pepe-themed tokens are on fire, but Pepe Unchained is the first to offer a robust use case.
Considering the success of other Pepe-related tokens, there could be a bright future for $PEPU.
The project’s presale is ongoing and investors can buy today for $0.008596. However, this price will rise throughout the campaign, with the next increase in 17 hours.
Utility is the core of Pepe Unchained, but the team is also committed to protecting its users.
Third-party smart contract auditor Solid Proof analyzed the project and found no security issues.
This helps ease investors’ minds, providing a lower-risk alternative to other early-stage cryptocurrencies.
Stay updated on the project’s latest developments by following its X account or joining its Telegram. Otherwise, visit its website to buy and stake tokens.