Ethereum Layer-2 network and meme coin Pepe Unchained has raised more than $7.5 million in the ICO of its $PEPU token.
The speed at which the milestone was achieved signals that demand for Pepe Unchained is accelerating as the presale continues. $PEPU has drawn massive interest from meme coin traders, Ethereum developers, and crypto analysts since the start of its ICO.
$PEPU is currently available at a price of $0.0089461, but the next price increase is less than 2 days away. During the presale, early investors can buy $PEPU using ETH, USDT, BNB, or a credit or debit card.
Pepe Unchained Develops Layer-2 Network for Memes, Challenging Solana and Base
Pepe Unchained is building what could be the hottest new Layer-2 network for Ethereum by theming it around Pepe, the ultra-popular character from creator Matt Furie’s graphic novel, Boys Club.
The Pepe Unchained Layer-2 is expected to operate at approximately 100 times the speed of Ethereum, reducing congestion on the network and enabling ultra-fast transactions for meme coin trading and dApps.
The enhanced speed is also expected to dramatically lower the cost of Pepe Unchained compared to Ethereum, making the Layer-2 chain an ideal hub for new meme coin development.
In fact, while Pepe Unchained’s $PEPU token has its own appeal as a meme coin, far greater value could ultimately derive from use of Pepe Unchained for launching and trading new meme coins.
So far, the team behind Pepe Unchained so far hasn’t announced plans to develop a similar tool to Pump.fun, the meme generation dApp on Solana that’s generated more than $50 million in fees. However, that could change once the network is running and the development team has more leeway to focus on expansion plans.
Leveraging Pepe Unchained to serve as a launchpad for meme coins could unlock huge demand for the $PEPU token and ultimately help Pepe Unchained displace competitors like Solana and Base.
$PEPU Plays Crucial Role in Layer-2 and Compatibility with Ethereum
Unlike the native tokens of other Ethereum Layer-2 chains, such as Arbitrum, $PEPU plays a fundamental role in the Pepe Unchained ecosystem. $PEPU is required to pay for transactions on Pepe Unchained.
That’s crucial because it means that added transaction volume on Pepe Unchained—whether in the form of trading, dApp development, or meme coin launches—directly corresponds to increased demand for the $PEPU token.
It also means that presale investors who grab $PEPU at a discounted price during the presale will effectively get a discount on using Pepe Unchained once the Layer-2 network launches.
$PEPU can also be staked and earns what the Pepe Unchained team calls ‘double staking rewards.’ Right now, early investors who stake $PEPU can earn 256% APY on their tokens and fill their bags ahead of the project’s exchange launch.
$PEPU supports instant, low-fee bridging between Pepe Unchained and Ethereum, making it easy for Pepe Unchained users to move between the Layer-2 and the rest of the Ethereum ecosystem.
Crypto Analysts Back Pepe Unchained for 10x Gains
Pepe Unchained’s explosive presale has caught the attention of crypto analysts. Many are jumping on board after checking out the token, with some analysts even issuing bullish predictions for fortune-making gains after $PEPU hits exchanges.
For example, Jacob ‘Crypto’ Bury, a prominent analyst who specializes in picking high-potential meme coins, called Pepe Unchained the next meme coin to 10x.
Bury’s bullish prediction has been followed by recommendations to buy $PEPU from analysts like ClayBro, Crypto Gains, and PairsnCoins. Analysts are hot on this token, providing another strong indication that it could pump hard after launching.
Early investors still have a chance to buy $PEPU before the price jumps or the network launches. However, with the next scheduled price increase coming up fast, there’s no time to waste.
Don’t miss this chance to buy Pepe Unchained and be a part of the first Ethereum Layer-2 built for meme coins.
