Pepe Unchained Layer 2 ICO Raises $11 Million – Is PEPU the Next 50x Meme Coin?

Several frog-themed meme coins have declined today, leading investors to explore new options. One such alternative gaining attention is Pepe Unchained (PEPU).

This utility-focused meme coin has raised $11 million in presale funding, which will be used to develop its main project, the “Pepe Chain”—an Ethereum layer 2 blockchain designed for meme coins.

Several well-known crypto analysts are backing Pepe Unchained (PEPU), predicting it could be the next 100x meme coin.

Pepe Unchained layer 2 blockchain and high staking rewards

Ethereum has evolved from being just a single blockchain into an entire ecosystem, consisting of the main chain and numerous layer 2 networks. These layer 2s offer faster and more affordable transactions while connecting back to the Ethereum main network.

Projects like Polygon, Arbitrum, and Optimism started as “generalist layer 2s,” mimicking Ethereum but with better scalability for various uses. Later, developers saw that layer 2s could do more and began creating specialized ones, expanding their potential.

For example, Blast focuses on NFTs, Manta emphasizes privacy, and Immutable X caters to gaming. Sony is also developing a layer 2 for gaming. But one niche remained unaddressed: meme coins. This is where Pepe Unchained steps in, introducing the first Pepe-themed token with its own blockchain.

The team behind Pepe Unchained promises transaction speeds 100x faster than the Ethereum main network, along with lower fees. The real excitement lies in the limitless possibilities on Pepe Unchained.

With its scalability and specific focus on meme coins, the platform opens the door for developers to create innovative meme coin-related dApps and tools. It will feature a block explorer, a dedicated Ethereum bridge, and a staking mechanism.

$PEPU holders can take advantage of staking features to generate a steady stream of passive income as the project progresses. Pepe Unchained elevates staking by offering double rewards, made possible by its enhanced efficiency and lower operational costs.

Block rewards are set at $608.82 per ETH block, with an estimated annual percentage yield (APY) exceeding 180%. Staking PEPE tokens lets investors earn returns while helping stabilize or increase the token’s value by reducing its circulation.

This staking strategy is proving effective, with over 885 million $PEPU tokens already staked, reflecting strong investor confidence in the project. Therefore, purchasing $PEPU during its presale event is essential for those looking to benefit from these impressive staking rewards.

Pepe Unchained presale hits $11 million

The Pepe Unchained (PEPU) presale has drawn significant investor interest, raising over $11 million, making it one of the biggest ongoing crypto presales. Currently priced at $0.0093851, $PEPU is expected to see its price increase as the presale progresses.

We’ve smashed through $11M!