Layer-2 Multi-Chain Meme Coin Pepe Unchained Raises $15M in Presale

• Pepe Unchained ($PEPU) has raised an eye-watering $15M in presale.
• $PEPU's Ethereum Layer-2 (L2) blockchain promises lower fees and 100x faster speeds than its leading ERC-20 meme coin competitors.
• This month, the team also shared an ecosystem roadmap promising a custom L2 decentralized exchange (DEX) for cheap swaps between $PEPU and supported tokens.
• Currently on sale for $0.00985, the price will increase to $0.00986 in less than 24 hours.

A presale for a new Pepe-themed meme coin on its own Ethereum L2 blockchain called Pepe Unchained ($PEPU) has raised an eye-watering $15M.

Pepe Unchained launched this summer to a wave of hype. Meme coin fans bundled in to take advantage of virtually unheard-of staking rewards, alongside lower fees and 100x faster speeds for anyone transacting with $PEPU than its leading ERC-20 meme coin competitors.

There are less than 24 hours left to buy $PEPU at the lowest fixed presale price of $0.00985 before the price rises to $0.00986. Those who buy in earlier maximize their potential rewards.

This month, the team also shared an ecosystem roadmap in a multi-tweet thread on X.

In the thread, the team promises a custom L2 decentralized exchange (DEX) for cheap swaps between $PEPU and supported tokens, alongside a Pepe Foundation, which will help fund an entire ecosystem with the best developers in the space contributing.'

https://twitter.com/pepe_unchained/status/1832055842285486362

Beyond the ICO, the token's likely listing on exchanges could smash the ceiling on its potential appreciation. So, for those who are curious, there may never be a better time to buy $PEPU while an investment of $100 bags over 10K $PEPU.

Read on to learn how Pepe's new L2 token rewards its holders with more than just laughs and speculative potential.

Pepe Gets Unchained in $PEPU

The original Pepe (ticker: $PEPE) is the third-biggest meme coin in crypto with a $3.5B market cap.

Pepe's already-famous avatar was established four years before Bitcoin gave the world crypto in 2009. He was originally a character in the webcomic Boy's Club, designed by Max Furie, and he was known for his catchphrase feels good, man.'

Pepe then became the star of memes and even appeared in the 2019-2020 Hong Kong protests. Since the launch of the meme coin $PEPE, other tokens inspired by Furie's comic have dropped, but none have enjoyed quite the same success as the original.

Still, the capitalization power of the webcomic has attracted billions of dollars. The recently launched Brett coin ($BRETT) corners almost a billion of the market while $PEPE imitator $PEPECOIN's market cap approaches half a billion today.

Clearly, the appeal of these viral coins lies in their potential to blow sky-high. If you had bought $PEPE one year ago today, your stash would be up 1,124%.

$BRETT holders that bought during February's launch are up nearly 9,000%. Meanwhile, diamond-handed $PEPECOIN HODLers are up an unbelievable 24,389%from this time last year, according to CoinGecko.

So, what sets $PEPU apart from its three Boy's Clubpredecessors? It's unlike the other Pepe coins, which generally exploit their volatile and often rapid price rises. They're then sold for a quick buck. $PEPU's features make it a meme coin made for HODLing.

https://twitter.com/pepe_unchained/status/1838641240583344541Pepe's New Layer-2 Capabilities and Tokenomics

Pepe Unchained is the first Pepe token to run on its own proprietary Ethereum L2 blockchain.

Ethereum is the most commercially important blockchain, thanks to a giant community of application developers and consumers. Together, they have made the network the number-one blockchain for decentralized finance (DeFi).

However, Ethereum can currently only process about 15 transactions per second (tps), which results in high network congestion and larger transaction fees.

To solve this, developers have created several L2 protocols. L2s sit on top of the main Ethereum network and process transactions independently on a side chain. They then add them to the Layer-1 (L1) blockchain ledger.

One famous L2 is Polygon, represented by the $POL token (formerly $MATIC), which has a maximum recorded 429 tps. L2 protocol tokens have collectively amassed a market cap of over $20B.

Now Pepe Unchained, or $PEPU, is the first meme coin to use this technology to give its holders a more enticing value proposition than standard-issue meme coins.

It's a hundred times quicker and cheaper to transact with than Ethereum. Plus, thanks to the improved scalability, which offloads work from the main chain, Pepe Unchained offers $PEPU stakers far greater rewards than L1 counterparts, with a variable yield rate currently at 139% APY.

The project has a dedicated block explorer to see all transactions on the L2. It also offers instant and low-cost bridging between Pepe Unchained and Ethereum's L1.

The platform has allocated a total of 3.2B $PEPU, or two-fifths of the total supply of 8B $PEPU, to the presale. A hefty 30% (2.4B $PEPU) goes towards staking.

A tenth is earmarked for the token's marketing, while the remaining 20% is split equally between DEX liquidity and project development (both 7.5%). The remaining 5% goes into Pepe Unchained's L2 treasury.

Learn more about Pepe Unchained from the project's official X and Telegram accounts.

Visit the official website.

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