New Meme Coin Pepe Unchained (PEPU) Raises More Than $11 Million in Presale Round
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Pepe Unchained (PEPU) has successfully raised more than $11 million in its ongoing presale and is expected to hit $12 million next week. The new meme coin is the native token of a layer-2 blockchain called the “Pepe Chain.” The PEPU presale is one of several presale events shaking up the crypto sector as users search for new investment vehicles. Many of these presales take different shapes and forms, with prices continuously increasing at each stage. Owing to the specific potential and functionality these assets offer, gains of between 10x and 100x are not uncommon in the early-stage crypto landscape, especially for users invested in crypto presales. (Source: bestcryptopresales.net) PEPU To Attract Large Community Via Functionality and Dedicated Blockchain PEPU is set to become the most popular of the frog-themed meme coins. Currently, CoinMarketCap data shows that there are about 100 Pepe-inspired meme coins active in the crypto sector. Like many of the others, PEPU uses the “Pepe the Frog” mascot that members of the meme coin community have grown to love. The platform’s whitepaper displays a disclaimer that the team created the meme coin for entertainment purposes, advising users to conduct research before taking up a position. However, unlike many other meme coins, PEPU offers more utility than average. For instance, the layer-2 blockchain improves Ethereum’s scalability, allowing users to trade and stake PEPU while enjoying fast transaction speeds. A major downside of layer-1 blockchains is the increase in gas fees when there are a lot of transactions clogging the network. Through the Pepe Chain, users can enjoy significantly reduced charges, which encourages more PEPU activity. The Pepe Unchained website clearly states that the Pepe Chain is 100 times faster than ETH. Although Pepe Chain will compete against several other layer-2 ETH blockchains, including Arbitrum, Base, Polygon, Optimism, Starknet,…
Filed under: News - @ August 30, 2024 5:23 pm