Pepe Unchained Reaches $5.5 Million Mark, Secures More Than $500,000 in Under a Week

Pepe Unchained ($PEPU) is experiencing significant growth, surpassing $5 million in funding and adding more than $500,000 just before the weekend festivities.

This new meme coin, which features its own Layer 2 chain on Ethereum, is poised to maintain its momentum, with the potential to reach $7 million – or even higher – in the upcoming week.

Investors are thrilled about Pepe Unchained as it provides them with the chance to finally hold a Pepe in their wallets, without the slow transaction times and elevated gas fees that its Ethereum-based predecessors are well-known for.

Additionally, the ongoing presale offers investors the opportunity to acquire a Pepe at a reduced price, as it is not yet listed on major exchanges.

At a price of $0.0086649 per $PEPU token, investors can already benefit from the enhanced version of Pepe. However, they should act quickly, as this price is expected to rise to $0.00869960 in less than 24 hours as it progresses to another presale stage.

It’s a Pepe summer celebration, and Pepe Unchained is at the center of it

Meme coins have seen a 2.4% increase in the last 24 hours, but this is primarily a Pepe celebration.

The original Pepe, PepeCoin ($PEPECOIN), has risen by 3.95%, while Pepe’s companion on Base, Brett ($BRETT), has increased by 6.34%.

Other smaller-cap friends of Pepe, such as his cannabis-loving companion Landwolf ($WOLF), have surged by 6.86%, while his hotdog enthusiast friend Andy ($ANDY) is up by 6.30%.

However, the standout performer among the newer group is Bird-Dog ($BIRDDOG), which has surged by 65.5% in the past 24 hours, as illustrated in the chart below:

Notably, aside from Brett, Pepe and the rest of the group remain limited by Ethereum, with its high fees and slow transaction speeds.

This may explain why $BRETT is the only one among Pepe’s friends that has surpassed the billion-dollar threshold, boasting a market cap of $1.2 billion.

It may also be time for the original $PEPECOIN and even its market-leading newer counterpart, Pepe ($PEPE), to receive an upgrade to spearhead another bull run while summer is in full swing.

Utilize meme coins effectively and enhance Ethereum

Recently, Ethereum founder Vitalik Buterin expressed that while he does not oppose meme coins, they should be utilized effectively, which is exactly what Pepe Unchained is achieving, albeit with its unique approach.

Pepe Unchained exemplifies the concept of “utilizing effectively” as it employs its advanced capabilities to develop its own Layer 2, which enhances all that Ethereum has to offer.

This proprietary Layer 2 facilitates quicker transactions, reduced fees, and increased capacities.

This allows Pepe enthusiasts to enjoy the same Pepe-themed token with a significantly improved experience, a sentiment echoed by Austin Hilton, a well-known YouTuber with over 272,000 subscribers:

Moreover, Pepe Unchained’s own chain also represents a new ecosystem. This opens the possibility for launching DeFi tokens, NFTs, or even additional meme coins.

It could even liberate all of its friends like Landwolf, Bird-Dog, and Andy, freeing them from the burdensome constraints of Ethereum.

That’s how meme coins can be effectively utilized.

Pepe has liberated himself with his own layer 2 blockchain solution:

Instant bridging between ETH and Pepe Chain
Lowest transaction fees
100x faster transaction speeds compared to ETH
Dedicated Block Explorer

Join the future with Pepe Unchained! pic.twitter.com/hluCsuV1Xz

— Pepe Unchained (@pepe_unchained) July 1, 2024

Participate in the presale, as funds are likely to exceed $7 million next week

Pepe Unchained allocates approximately 20% of its total supply of 8 billion $PEPU tokens for the current presale, which amounts to 1.6 billion $PEPU.

Investors who have purchased this allocated supply have also benefited from its staking feature, which offers an APY of 349%.

Approximately 458 million $PEPU has already been staked, equating to around $4 million of the total presale funds. This suggests that investors are optimistic about the future of Pepe Unchained, as most of the newly acquired tokens are locked for staking.

Therefore, the goal of reaching $7 million in the upcoming week is quite feasible.

For prospective investors, it is still early to join the celebration! Visit the Pepe Unchained website, connect your wallet, and purchase $PEPU using ETH, USDT, or BNB. Credit cards are also accepted.

Furthermore, Pepe Unchained’s smart contract has undergone a comprehensive audit by Coinsult and SolidProof, revealing no critical issues in its code.

As Vitalik Buterin stated, utilize meme coins effectively – so acquire $PEPU now.

The post Pepe Unchained Smashes $5.5M Milestone, Raises Over $500k in Less Than a Week appeared first on Cryptonews.