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Crypto whales are discreetly gathering a lesser-known competitor to Pepe Coin (PEPE) that may spark the next surge of enthusiasm for the Pepe meme.
The new, lesser-known competitor is named Pepe Unchained (PEPU).
It is not merely a replica of Pepe; rather, it represents an innovative Ethereum layer-2 blockchain.
Something significant is on the horizon…
Pepe’s own blockchain is set to launch soon! Stay tuned for the transformation
pic.twitter.com/z7zuSVX9yY
— Pepe Unchained (@pepe_unchained) June 28, 2024
pic.twitter.com/z7zuSVX9yY
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Pepe Unchained asserts that it is “the future of meme coins” and is “designed for speed, security, low fees—and of course—memes.”
Currently in presale, this new Pepe competitor is generating buzz in web3 trading communities.
Indeed, numerous crypto whales and prominent analysts are already participating.
Clinix Crypto, who boasts over 60,000 YouTube subscribers, recently invested in the presale, as noted in a recently uploaded video.
Crypto Gains, on the other hand, has advised his more than 130,000 YouTube followers to consider entering early on this coin.
Jacob Crypto Bury believes this could be a 10x meme coin.
Pepe Unchained initiated its token presale a few days ago and has already amassed over $1.7 million.
We’ve reached $1.5M!
Pepe’s breaking chains and achieving gains with his new blockchain!
pic.twitter.com/Ilbu8KOT9N
— Pepe Unchained (@pepe_unchained) June 30, 2024
pic.twitter.com/Ilbu8KOT9NAt the present token price of $0.0081939, PEPU is valued at a modest $64 million.
However, if it emerges as a leading meme coin on the Ethereum layer-2 blockchain, that valuation could significantly increase.
Prospective investors in this intriguing new Pepe competitor should act swiftly. This is because once the presale reaches $1.7 million, the token price will rise.
To acquire PEPU, users simply need to connect their MetaMask wallet on the official website. ETH, BNB, and USDT are all accepted.
New Pepe Competitor PEPU – A Passive Income Opportunity?
Pepe Unchained evidently holds considerable appeal for the vast Pepe meme coin community.
Additionally, PEPU’s tokenomics have been crafted to attract another significant demographic – the DeFi enthusiasts.
30% of the token’s supply has been allocated for staking rewards, which presale investors can begin earning immediately.
According to the project’s official website, the current staking yield is approximately 1,100%.
At this rate, presale investors can potentially double their initial investment (in PEPU terms) in about one month.
Of course, this yield will decrease as the presale advances and more PEPU is staked.
Nevertheless, investors who participate now have the chance to quickly 2-3x their initial investment solely through the staking yield.
This does not account for PEPU’s potential to appreciate after its launch.
It is not surprising that some analysts consider PEPU to be one of the top crypto coins to stake at this time.
Overall, analysts at Cryptonews.com also rank the new Pepe competitor Pepe Unchained as one of the best presales to consider this July.
Buy PEPU Here
The post Crypto Whales Quietly Accumulating Lesser-Known Pepe Competitor appeared first on Cryptonews.
