A new memecoin called Pepe Unchained ($PEPU) has been gaining a lot of attention in the cryptocurrency space recently. This unique Pepe-themed coin is planning to launch its own Layer 2 blockchain on Ethereum.
The platform has started a presale for its native $PEPU tokens, with early buyers being offered double staking rewards. The presale has already raised over $230,000 in a short amount of time, showing strong investor interest.
Pepe Unchained aims to provide a faster and more cost-effective alternative to Ethereum by creating its own blockchain. This new blockchain, referred to as a “layer-2” solution, is designed to process transactions much quicker than Ethereum, potentially being 100 times faster. This could revolutionize how memecoins are viewed and used for transactions.
The project has already gained traction on social media, with its Telegram channel attracting over 2,000 members quickly. The platform’s staking program offers over 17,000% APY at the moment, but this rate may decrease as more people join the staking pool.
With a supply cap of 8 billion PEPU tokens, Pepe Unchained has allocated a significant portion for staking rewards. The remaining tokens are reserved for the presale, marketing, and liquidity purposes.
Pepe Unchained sets itself apart from other Pepe-themed coins by focusing on building its own blockchain, which could enable new use cases like meme NFTs or DeFi protocols around popular meme characters. The project has a clear roadmap outlined in its whitepaper and has received a clean audit report from SolidProof.
If successful, Pepe Unchained’s layer-2 network could become a hub for meme-based tokens to launch. It’s important for users to conduct their own research before investing in any cryptocurrency projects.
For more information about the Pepe Unchained presale, you can visit their official website.
