As a seasoned analyst with over two decades of experience in the ever-evolving world of cryptocurrencies, I’ve seen trends come and go, but few have captured my attention quite like Pepe Unchained ($PEPU). Having navigated through multiple market cycles, I can confidently say that this project seems to be on the cusp of something truly special.
Popular presale token Pepe Unchained ($PEPU) is surging ahead as its raise clears $12.5 million.
This comes as the meme coin market kicks off the week with a bullish open, and Pepe’s 2% pump has undoubtedly helped it along. The Pepe Unchained ($PEPU) has raised over $20K in the last two hours.
Pepe Unchained: a Pepe-themed Utility Token With its Own Layer 2
Picture the attractive pull of the Pepe Coin combined with the practical functionality of a Layer 2 blockchain. This is exactly what Pepe Unchained is developing, and it’s the reason why investors are eagerly participating in the pre-sale.
As a researcher observing the market trends, I’m noting a notable surge in the value of Pepe coins today. Some analysts suggest that this upward trend might herald the onset of a new bullish phase for this cryptocurrency.
Slick comments, “The moment of truth is here.”
“In principle, I would say we bounce up from here,” he continues.
Based on its recent price action, the analyst anticipates a 5x parabolic rally to follow.
$PEPE Moment of truth here.
We got our 2 touches on the box range lows – happy with that.
In principle, I would say we bounce up from here.
— Slick (@SlickXBT) September 8, 2024
Meanwhile, analyst Ape just announced a Pepe long trade worth a whopping $6.5 million.
With growing trust in Pepe, there’s an increasing interest in its utility-based relative, Pepe Unchained.
Layer 2s are the Future of Scaling, and Pepe Unchained is the Future of Memes
Deep inside the Ethereum community, there is a debate about the best way to handle scalability.
The options are scaling the main chain or creating separate but interconnected chains that are cheaper and faster, called layer 2s.
The overwhelming majority of network participants have voted in favor of layer 2s.
On Ethereum, transactions using Layer 2 solutions are remarkably affordable and swiftly confirmed for users, making them a popular choice.
I’m still partial to using Arbitrum One and Basis, but I make an effort to explore the others whenever possible.
— sassal.eth/acc (@sassal0x) August 7, 2024
Lately, there’s been more debate around layer 2 solutions due to a decline in Ethereum’s income, as users are moving towards alternatives that offer quicker and less expensive transactions, given their preferences.
Experts remain uncertain if this development will lead to sustained growth in ETH‘s price in the long run, but there’s no denying that it represents a significant triumph for second-layer tokens such as $PEPE.
Investors persistently move towards Layer 2 solutions, attracted by their cost-effectiveness and swift transaction speeds. They also appreciate the ease with which they can effortlessly switch between different Layer 2 platforms using a single digital wallet.
The data from L2Beat shows that the volume of layer 2 transactions has reached a record peak (all-time high or ATH) in recent times.
However, Pepe Unchained stands alone as a layer 2 solution specifically targeting meme tokens and associated uses – which holds significant potential.
“Pepe Chain” Will Offer Speeds 100x Faster than Ethereum
Buying meme coins on “Pepe Chain” will be faster than sending a text message.
As stated on their site, it’s expected to operate 100 times quicker than Ethereum. With lower transaction costs also in place, this platform may very well attract a lot of attention and activity from the meme coin market.
As a researcher, I leverage the powerful set of tools provided by the Ethereum Virtual Machine (EVM) to construct various projects within the Pepe Chain, limited only by my own capabilities as a developer.
They might construct an analogue of Pump.fun from Pepe Chain, which is a meme coin deployer on the Solana network with high risk potential and brings in substantial income each week.
Additional concepts might involve a play-to-earn (P2E) game centered around meme coins, or an innovative fusion of meme coins and artificial intelligence (AI), catering to developers who are agile and abreast of the latest market developments.
As a researcher delving into the realm of cryptocurrencies, I find Pepe Unchained’s unique utility sets it apart from many meme coins currently circulating in the market. Unlike others that primarily rely on speculative market forces for demand, Pepe Unchained aims to cultivate demand from its platform users. This strategic approach could potentially foster sustainable growth, setting it apart as a promising contender in the meme coin sector.
This idea has drawn a lot of attention. Not just from investors but also from top industry experts.
For example, Umar Khan from 99Bitcoins believes it has 100x potential.
The analyst said, “Suppose I shared that I discovered a currency with the possibility of increasing 100 times as much as Pepe – a coin with genuine potential.
Passive $PEPU Rewards by Staking in the Presale
For those participating in the presale of Pepe Unchained, you won’t have to wait for the price increase to start staking; instead, you can do so right away.
Due to Pepe Unchained’s affordable operational expenses, a third of its total supply was set aside for staking rewards by the team.
To put it simply, only 20% of the overall token supply has been set aside for pre-sales, which amounts to more than $12 million. Consequently, there could be upwards of tens of millions of dollars’ worth of $PEPU tokens that can be obtained through staking rewards.
As more Pepe Unchained tokens get staked, both the presale token prices and the annual percentage yield (APY) from staking will incrementally drop.
To participate, users have to follow the instructions on the main website.
As a researcher, I would recommend keeping up with Pepe Unchained by following it on X or joining its Telegram group to receive updates. Alternatively, you can find more detailed information on its official website.
Visit Pepe Unchained Presale
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2024-09-09 19:23