The post Missed the POPCAT and BONK Pump? New Exciting Layer-2 Meme Coin PEPU to Surpass Solana Meme Coins appeared on BitcoinEthereumNews.com.

Advertisement &nbsp &nbsp Pepe Unchained, a new Layer-2 meme coin, aims to surpass Solana’s meme coin dominance with faster transactions, higher staking yields and potential for explosive growth. Solana (SOL), known for its high-speed transactions and scalability, has become the preferred platform for meme coins like WIF, BONK, and POPCAT. These tokens have surged in popularity, contributing to Solana’s robust performance despite recent market fluctuations.  However, as the meme coin craze shows no signs of slowing down, a new and exciting player is emerging—Pepe Unchained (PEPU).  This Layer-2 project is positioned to challenge and potentially surpass Solana-based meme coins, offering a unique blend of speed, innovation, and potential that could reshape the meme coin landscape. Solana’s Rise: A Platform Fueled by Meme Coins Over the past year, Solana has solidified its position as one of the top-performing cryptocurrencies, with a 485% increase that has caught the attention of both retail and institutions. Advertisement &nbsp Much of this success can be attributed to its status as the go-to Layer-1 blockchain for meme coins. Tokens like BONK, POPCAT, and WIF have ridden the wave of meme coin popularity, with BONK in particular seeing an astronomical 5,700% gain over the past year.  These coins have driven up transaction volumes on the Solana network and helped maintain its appeal in a highly competitive market. Despite a recent 0.5% dip in SOL’s price, the coin remains up 4% over the past week, demonstrating its resilience. The Solana network’s strong transaction volume—reaching $4.1 billion—signals ongoing interest, even as whales have profited. With its 30-period moving average bottoming out relative to the 200-period average, SOL appears to be on the cusp of a potential rebound. Analysts forecast a possible climb to $200 in the coming months. Yet, while Solana continues to benefit from the meme coin craze,…

---

Filed under: News - @ August 16, 2024 11:13 pm