Being a meme coin project with a secondary chain in the making, Pepe Unchained has a better investment outlook than Pepe | India Business News
While there are many meme coins on layer 2, this is the first time a meme coin is launching a native layer-2 technology.
The $PEPU hype explained
There are too many meme coins in the market, and it is hard to keep track of all of them.How did PEPU manage to go viral in an already crowded market?
For example, the Pepe Unchained presale has raised over $5 million so far. The presale traffic has been consistently strong despite the volatile broader market.
The Pepe Unchained community has exploded to 7000 followers on Twitter and almost 3,000 members on its official Telegram channel.
To break down the hype, we need to look at the utility and speculative aspects of the project.
The speculative potential of Pepe Unchained is rooted in its Pepe label. Pepe is one of the most iconic meme coins, and it’s not surprising that Pepe Unchained unlocks the craze.
The rush of meme coin investors is growing. They are hoping for a multifold surge for $PEPU over the next few weeks.
But most meme coins have a short shelf life. They trend for a few days and then collapse down to a point of new return.
Will Pepe Unchained join the list?
That seems unlikely. An analysis of the project’s white paper and website shows that Pepe Unchained is built with resilience.
It has long-term potential, thanks to its extensive layer-2 blockchain in the making. Ethereum layer-2 is one of the fastest-growing crypto sectors. That explains why strategic investors are securing $PEPU tokens in the presale.
A layer 2 for meme coins: More efficiency, fewer hassles
Layer 2 blockchains are built to ease the burden on large blockchains like Ethereum. Due to the high number of activities hosted on primary blockchains, they clog up during peak bull and bear seasons.
That lands investors who are frantically trying to buy or sell a coin in trouble.
It doesn’t allow them to secure strategic entry and exit points. The result? Heavy losses.
This is particularly true in the case of meme coins. They are known for their rapid price movements. It is important to keep tabs on the market to maintain a profitable meme coin portfolio. The trends change overnight in this niche.
Let’s say Meme Coin A is trending today. It is climbing up the charts. You need to buy before it’s too late. But the network clogs up, and the network fees are too high. Still, you manage to buy it for a much higher price.
The meme coin price starts to climb a little, but the trends soon begin to shift. Before you know it, Meme Coin A has begun descending the charts, and Meme Coin B has the spotlight.
You need to get rid of Meme Coin A as soon as possible. It is risky to hold it any longer. You don’t know if it’s ever coming back!
But network jams leave you in trouble again. By the end of it, Meme Coin A had crashed to oblivion, and you had lost almost all of your investment.
As a secondary layer dedicated to meme coins, Pepe Unchained comes with some much-needed features:
So it makes sense why Pepe Unchained is predicted to become one of the biggest meme coin hotspots. It cuts down operational costs and boosts efficiency to facilitate smooth trading.
Passive income with Pepe Unchained
If the presale momentum is any indication, $PEPU is on its way to a wild bull run. However, investors don’t have to wait until the exchange launch to start earning with Pepe Unchained.
The platform offers attractive staking rewards for presale investors. At the time of this writing, the staking APY stood at a compelling 500%!
But here’s the thing. The staking APY goes down as more investors join the presale. It favours early investors, in other words.
Why are PEPE investors buying PEPU?
Pepe’s growth has been astonishing.
For a long time, it seemed like Dogecoin and Shiba Inu were the only constants in the meme coin market. The rest of the market was rapidly evolving. New faces were coming and leaving in a matter of weeks.
Pepe has been an exception. Since April 2023, Pepe has climbed more than a mind-boggling 20,000%!
With a $5.07 billion market cap, it currently ranks third on the global meme coin chart. In May 2024, Pepe hit an all-time high and exploded to $7 billion, but price correction soon took over.
Although Pepe is one of the most established meme coins, its growth potential is limited. The largely saturated market cap has been urging investors to look for greener pastures.
Projects like Pepe Unchained fit the criteria.
Being a meme coin project with a secondary chain in the making, Pepe Unchained has a better long-term outlook than Pepe. In addition, the low initial market cap leaves room for multifold returns.
Crypto influencers and analysts share the optimistic view. Popular YouTube influencer Crypto Jacob Bury, who has more than 41,000 followers, introduces Pepe Unchained as a potential 10X coin.
PEPE UNCHAINED Raises $3,000,000 – New 10X Potential Meme Coin?!
Is it too late to buy Pepe Unchained?
The Pepe Unchained presale has broken past $5 million. But it’s not too late to buy $PEPU tokens.
The presale is expected to be live for a few more days, although the traffic could lead to an instant sell-out in the unfolding bull market.
Investors can grab $PEPU tokens using ETH, USDT, BNB, and fiat cards in the presale. Attractive discounts and staking APYs await early birds.
Having completed SolidProof and Coinsult audits, Pepe Unchained stands out as a credible new crypto project to invest in now.
Visit the official Pepe Unchained website to join the presale.
Disclaimer: The above content is non-editorial, and TIL (Times Internet Limited) hereby disclaims any and all warranties, express or implied, relating to the same. TIL does not provide investment advisory services in any manner and the publication of this content does not mean TIL’s or Economic Times endorsement. TIL strongly recommends the users to take all steps necessary to ascertain that any information and content provided is correct, updated and verified and/or speak with a qualified investment professional before making any investment decisions.