Today, Pepe Coin traders are actively switching to a new meme token in the presale stage. The new token, Pepe Unchained ($PEPU), operates on the Ethereum layer 2 blockchain and draws analysts' interest due to its potential for significant gains.
Traders Support Pepe Unchained
Pepe Unchained has recently crossed the $11 million milestone, reflecting significant interest from cryptocurrency investors. Famous crypto analyst Cilinix Crypto noted, 'Pepe Unchained has a lot of hype and momentum, which is one of the key factors leading to a profitable presale.' He also highlighted that he invested in the project due to its technological foundation—a layer 2 blockchain focused on Pepe. Another well-known trader, ClayBro, commented on the rapid presale growth of Pepe Unchained and suggested that the token might become 'the top meme coin.'
Growth of Meme Tokens
Ethereum is no longer just a single blockchain—it is an ecosystem comprising the main chain and numerous layer 2 networks that provide fast and low-cost transactions. In the early days, projects like Polygon, Arbitrum, and Optimism emerged. These 'generalist layer 2s' mimicked Ethereum, enabling various use cases with increased scalability. However, developers soon began creating specialized layer 2s, which expanded the boundaries of what was possible. For example, Blast was created for NFTs, Manta for privacy, and Immutable X for gaming. Yet, a layer 2 for meme tokens was missing. Pepe Unchained aims to fill this niche by becoming the first Pepe-themed token with its own blockchain.
Technological Features of Pepe Unchained
Pepe Unchained promises speeds 100 times faster than the Ethereum main network with lower fees. The project will offer a block explorer, a dedicated Ethereum bridge, and a staking mechanism. According to the project's whitepaper, Pepe Unchained's lower operational costs allow it to offer more attractive rewards for stakers. Currently, the APY is 182%, but this will decrease as the staking pool grows. The PEPU token has already received a smart contract audit from Solid Proof, confirming its legitimacy.
Amid growing interest in meme tokens, Pepe Unchained demonstrates significant growth potential thanks to its innovative Ethereum layer 2 architecture and focus on meme tokens.
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