Is Vitalik Buterin Funding Pepe Unchained as Scaling Market Heats Up? New Pepe Raises $12.5M in Presale
- A new Ethereum Layer-2 (L2) project, Pepe Unchained ($PEPU), has recently surpassed the $12.5M mark in its ongoing presale.
- VanEck projects that the L2 market could burgeon into a trillion-dollar industry within the next five years.
- Pepe Unchained is likely still undervalued by the market. The funds raised by $PEPU are still a fraction of its predecessor's, Pepe ($PEPE), market value.
While Vitalik Buterin may be stepping away from the L2 investment landscape, the sector is far from cooling down. A new Ethereum L2 project, Pepe Unchained ($PEPU), has recently surpassed the $12.5M mark in its ongoing presale.
In just over three months, Pepe Unchained has quickly established itself as a solution to the current kinks in Pepe ownership and is emerging as a formidable contender in the meme coin landscape. More importantly, its L2 solution is shaping up to be a potential meme coin launchpad that could outpace competitors such as Solana's Pump.fun and Tron's SunPump.
Funding Pepe Unchained continues unabated, with investors and market observers eagerly anticipating its release. This excitement takes on added significance as the release might align with the slumbering bulls of the broader market, poised to reawaken in Q4.The investor fervor surrounding $PEPU, bolstered by substantial support from major investors, has driven up its price since its presale debut. Currently, $PEPU costs $0.0096126 but is expected to rise to $0.009651 in less than two days as it possibly nears the end of its presale.
Prospective investors should act swiftly while $PEPU remains available at a discount. Once the presale concludes, acquiring $PEPU at its current rate may become increasingly challenging, if not impossible.
Vitalik Buterin Prefers Supporting Valuable' Things via DonationsVitalik Buterin has recently indicated that he won't be investing in any L2 projects for the time being. That's according to a statement he made shortly after moving 1.28M Starknet ($STRK) tokens - at the time worth around $470K - into his wallet.
It's expected that these withdrawn tokens will be directed toward supporting public goods within the Ethereum ecosystem or broader charitable causes,' as Buterin revealed in a recent statement.
He has emphasized his intent to channel resources into projects he believes the ecosystem may be undervaluing strictly through donations rather than investments.
While Buterin's motivations extend beyond mere financial gain, regular investors should heed a critical warning: overlooking the burgeoning L2 scene could be a monumental misstep.
As of 2024, the total value locked (TVL) in L2 solutions stands at $33.29B, with Ethereum's leading L2s alone commanding a market cap of $17.1B. This valuation represents merely the tip of the iceberg. VanEck projects that the L2 market could explode into a trillion-dollar industry within the next five years.
For those eager to stay ahead, now is the time to capitalize on the burgeoning L2 space, as it presents a critical opportunity for substantial gains in the coming years.
At this early stage, the market is likely still undervaluing Pepe Unchained. Compared to its predecessor, the funds raised by $PEPU are still a fraction of its predecessor's - Pepe ($PEPE) - market value.
However, it's not just the numbers that make Pepe Unchained undervalued. It's also the unique value it brings to the industry that the entire Ethereum ecosystem has not caught up with yet.
Could Buterin consider an exception to his rule about not investing in L2 projects once he fully grasps the intangibles that funding $PEPU brings?
Pepe Unchained -Meme Coins Departure From Crypto's ComplexitiesMeme coins are here to stay. They offer a refreshing departure from crypto's often overly complex world.They bring a touch of fun to an otherwise serious space, much like how memes in internet culture provide a humorous break from the constant stream of news and important updates.
In crypto, icons like $PEPE and Dogecoin ($DOGE) have become symbols of this lighthearted fun, contrasting the industry's more esoteric aspects.
Yet, for these meme coins, especially ones like $PEPE, being tethered to Ethereum presents challenges. The high gas fees and scalability issues detract from the fun of owning these tokens.
L2 solutions have become increasingly valuable precisely because they address these scaling limitations that Ethereum can't solve on its own. And that's even after sharding is introduced on the Ethereum 2.0 upgrade roadmap.
Enter Pepe Unchained's L2. It promises to transform the meme coin ownership experience by offering significantly faster transactions and lower fees - starting with $PEPU.
It will feature its own block explorer, a custom-built decentralized exchange (DEX), and seamless chain bridging.
Once it launches, it could be the chain to support a Pepe-flavored Dogecoin, Shiba Inu, Floki and other meme coins.
Indeed, if Vitalik Buterin is backing something valuable, what could be more valuable than highlighting crypto's fun and playful side through meme coins?
Pepe Unchained is set to be the top launchpad for the tokens that infuse the industry with humor and vibrancy. All while ensuring cost-efficient and speedier transactions.
So, if you are not part of this exciting future for meme coins, join the presale now while $PEPU is priced at a discount. Funding Pepe Unchained is easy. To buy your tokens, head over to the official website. Connect your wallet and purchase $PEPU with $ETH, $USDT, or $BNB. You can also pay with your credit card.
Pepe Unchained's smart contract has passed a full audit by Coinsult and SolidProof, with zero critical issues identified in its code.
ResourcesClick to expand and view sources
- Starknet Price Surges 9% as Ethereum Founder Vitalik Buterin Boosts STRK Holdings (Inside Bitcoins)
- VanEck's Ethereum Layer-2s Valuation Prediction by 2030 (VanEck)
- Ethereum's Roadmap (Ethereum)
- Pepe Unchained on Coinsult (Coinsult)
- Pepe Unchained Audit Security Assessment (Pepe Unchained)
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