As the crypto market sees a fresh boost with Bitcoin up 10% in a week, a new meme coin called Pepe Unchained ($PEPU) is making headlines in the meme coin space.
PEPU has raised over $3.5 million in less than a month of launch, raising over nearly $1 million every week.
It aims to recreate and even surpass the success of the original Pepe ($PEPE) coin, which gave early investors a high return of over 1,200% after launch.
Pepe Unchained is unique because it uses its own faster layer 2 network on top of Ethereum.
Early buyers still have a chance to buy $PEPE for just $0.0084261 at the time of writing. However, this price will increase in the upcoming presale round, which starts in less than 24 hours.
So, the current price will likely be the lowest price buyers can grab $PEPU for.
Could $PEPU be the Next $PEPE?
It’s worth noting that the meme coin market has gone up by nearly 8.5% over the past day, reigniting some hope after a tough month for cryptos.
While some meme coins are doing better, many popular ones continue to struggle. For example, $PEPE dropped 45% from its ATH and 18% in just the last two weeks.
In fact, a PEPE whale dumped 9 trillion $PEPE tokens on Bybit recently.
While $PEPE struggled to retain investor interest, $PEPU has continued reaching new milestones in its presale.
New meme coins typically offer potential for much higher gains than established ones, and Pepe Unchained’s early momentum suggests it could be poised to see significant growth in the coming weeks and months.
Given its early investor traction, L2 tech and staking rewards, analysts have been vocal about its prospects.
For example, Jacob Bury, a popular YouTuber, thinks Pepe Unchained could potentially offer 100x returns to early investors.
Upgraded Meme Coin With Low Fees and Fast Transactions
Investors are quite excited about Pepe Unchained because it’s a big improvement over the original $PEPE. $PEPU tokens are cheaper and faster to use because they have their own special network built on top of Ethereum.
Having its own blockchain means Pepe Unchained could grow into a whole system of different tokens, not just one meme coin.
https://twitter.com/pepe_unchained/status/1802011490331099438
Here, it’s worth mentioning that the main token, $PEPU, can be used on both Ethereum and the new Pepe Chain. This makes it more useful than typical meme coins.
Pepe Unchained is already becoming popular on social media. Their Telegram channel quickly got over 2,700 members, and nearly 7,000 people follow them on X (previously Twitter).
The coin’s focus on providing utility and early success in the presale hints at a bright future in the meme coin space.
Early Investors can Stake $PEPU for a 520% APY
Pepe Unchained has a highly rewarding staking mechanism that early buyers can take advantage of even before the presale ends.
The platform offers a very high reward rate of over 520% APY at the time of writing. But remember, this rate will go down as more people join the staking pool.
Over 307 million $PEPU tokens have already been locked for staking, up from 100 million in late June. This shows growing investor trust and confidence in PEPU’s future.
Per the Pepe Unchained whitepaper, the platform has set a supply cap of 8 billion $PEPU tokens. 30% of these tokens (2.4 billion) are set aside for staking rewards over two years.
Since the platform is offering only 20% of its tokens (1.6 billion) in the ongoing presale stage, buyers have only a few days to buy them before they sell out.
Over 385 million have been sold in just three weeks. Moreover, you can earn twice the staking rewards if you buy during the presale.
Two of the most well-known companies, SolidProof and Coinsult, have audited the platform’s smart contract.
Early buyers have an excellent chance to capitalize on the current slump in the meme coin market and buy $PEPU before the market picks up again.
You can buy $PEPU tokens using cryptos like ETH, USDT, BNB, or a credit/debit card.