Pepe Unchained raises $8.5M in presale as experts make bullish calls on project
Release: 2024/08/15 00:19 Reading: 397
Pepe Unchained Raises $8.5 Million, Establishing Its Potential as a Leading Memecoin with Layer-2 Ethereum Scaling Solution
Pepe Unchained (PEPU) has successfully secured over $8.5 million in funding, a major milestone for the project. This achievement underscores the growing enthusiasm and belief in the unique offerings and vision of Pepe Unchained, which aspires to become the preeminent memecoin that addresses Ethereum's scaling challenges.
Layer-2 Solution for Enhanced Meme Token Transactions
The Pepe Unchained network, with its innovative Layer-2 solution, has the potential to emerge as the hub for ERC-20 meme tokens by offering reduced costs and expedited transaction fees.
Limited-Time Discount Opportunity
Investors have the opportunity to purchase PEPU tokens at a discounted rate of $0.0090539 during the ongoing presale phase. The price is anticipated to rise within 20 hours, with a gradual increase projected until the presale concludes.
For those considering an investment, this could be the final chance to acquire PEPU at a reduced price before it is listed on exchanges with a potentially higher cost.
Rewarding Early Supporters
Presale participants can stake their tokens and earn a competitive annual percentage yield (APY) of over 220%. The dynamic APY will adjust based on the number of tokens staked, enabling early investors to acquire additional tokens without incurring additional expenses.
This mechanism is designed to incentivize the community and early adopters who share the project's vision and potential.
Understanding Pepe Unchained
Pepe Unchained is a Layer-2 blockchain designed to address Ethereum's scalability limitations. Ethereum's current processing capacity of 15 transactions per second and average gas fees of $1 make it an inefficient platform for trading meme coins.
Pepe Unchained's Layer-2 solution operates similarly to Polygon, Arbitrum, and Optimism, consolidating multiple transactions into a single one on the Ethereum Mainnet.
This approach allows the Layer-2 to achieve significantly higher processing speeds and lower costs than Ethereum. Pepe Unchained's emphasis on meme coins positions it to become a dedicated trading hub for this asset class, enabling users to execute transactions efficiently and seamlessly bridge back to Ethereum as needed.
Comparison to Shiba Inu
Shiba Inu stands as the only memecoin that has successfully developed its own Layer-2 blockchain solution. This achievement has facilitated the construction of various DeFi and metaverse platforms, significantly enhancing Shiba Inu's value beyond its status as a memecoin. Shiba Inu currently ranks as the second-largest memecoin by market capitalization, with a value exceeding $8 billion.
If Pepe Unchained successfully executes its plan, it has the potential to emerge as the next significant contender in this market during the ongoing crypto bull run.
Audit and Community Support
Pepe Unchained benefits from audits by Coinsult and SolidProof, which distinguishes it from many competitors that lack such certifications.
The project has garnered attention from prominent crypto YouTubers such as ClayBro, who has projected a price gain of up to 10x by 2024.
Tokenomics and Allocation
The PEPU token supply totals 8 billion, with 20% designated for the presale. Staking rewards account for 30%, resulting in a total of 50% allocated to early investors and community members.
Marketing is allotted 20%, recognizing the importance of community growth. The remaining 30% is distributed equally for exchange liquidity, blockchain inventory, and project finance to ensure the smooth operation of the Layer-2 blockchain.
Conclusion
With over $8.5 million in funding secured and approaching the $9 million milestone, the Pepe Unchained team is well-positioned to implement its roadmap and introduce the Layer-2 solution.
For further information, visit the Pepe Unchained presale website or connect via Telegram and X.
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