Analyzing changes in the crypto market, we observe the impact of new players like Pepe Unchained in shaping trends.
Cryptocurrency Growth Post-Elections
After Donald Trump's election victory, the crypto industry hoped for regulatory changes to enhance market legitimacy. With this backdrop, Bitcoin hit an unprecedented high of $99,655. Altcoins like Solana reached $263.83, and meme coins such as PopCat, Bonk, and Pepe saw rapid growth due to listings on platforms like Coinbase and Robinhood. Despite high volatility, 24-hour trading volume increased by over 44% to $208.31 billion, indicating investor preference for asset diversification.
Meme Coins and Their Innovations
Pepe Unchained is a new meme coin set to launch on Ethereum L2, promising fast transactions and low fees. The project includes a block explorer, decentralized exchange, token bridge, and analytics. Its Layer-2 solution claims transactions can be 100 times faster than Ethereum. Supported by a strong community, the project simplifies launching meme coins through Pepe's Pump Pad. This sentiment is echoed in their announcement: "We are happy to inform you that all audits are complete. Layer 2 is secure and ready for development," stated a recent official project announcement.
The End of Pepe Unchained's Presale
The Pepe Unchained presale is nearing completion, having raised over $64 million, attracting about $1 million daily. Tokens are available for ETH, BNB, USDT, or card purchases at the current price. The full Layer-2 platform will launch immediately post-presale. Tokens have undergone audits by SolidProof and Coinsult, affirming their safety and scalability.
Exploring the impact of meme coins like Pepe Unchained on the crypto market reveals their popularity and growth potential through more efficient and accessible technologies.