The meme coin sector recently saw the arrival of a brand new, high-potential crypto known as PEPE Unchained (PEPU). This was described as a new project running on its own L2 blockchain, and even as the future of meme coins.
While PEPU sees itself as a better version of the original Pepe, as it is not only a meme coin but an ecosystem for fastest, low-fee transfers, the project also puts a special emphasis on Layer 2, for its benefits and advantages.
What Makes Layer 2 Beneficial?
Layer 2 is a secondary framework or protocol built on top of an existing blockchain, which may be referred to as Layer 1 blockchain. In other words, an L1 blockchain would be a major chain like Ethereum, while individual projects would then launch their secondary layers, typically with their own technology, with the goal of introducing some advanced aspects such as greater scalability, speed, and efficiency.
In the end, L2 would be better than L1 in terms of characteristics, with the ability to handle a higher volume of transactions at a lower cost.
As for why PEPE Unchained decided to launch its own L2, the reason is simple. Ethereum and other L1 networks always suffer from congestion, which reduces transaction speeds while raising their fees. L2 blockchains emerged as a much-needed way of reducing the load and allowing for faster and cheaper transfers.
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This is exactly why PEPE Unchained came up with a L2 solution with three key benefits. The first one is that it offers faster speeds, enabling additional features like staking, trading, and the like.
Next, it reduced the fees as a direct consequence of eliminating congestion. With fast speeds, there is no waiting, so there are no high fees provided as an incentive to speed up the processing of a specific transaction. All transfers are processed as soon as they are made at a low, affordable price.
Finally, the L2 chain can also double the staking rewards by offloading transactions to PEPE Unchained L2. This makes it much more rewarding to stake your tokens and, therefore, keep PEPU rather than sell it.
PEPU Presale Details
Speaking of selling PEPU, the project is in presale right now, and thanks to its advanced L2 and its Pepe roots, its ICO managed to raise over half a million over the weekend. The project’s token, PEPU, sells for $0.008032, and you can buy it with ETH, USDT, BNB, or credit/debit card.
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The token was already audited by Solid Proof, which confirmed that it is real and safe to use, so you don’t have to worry about potential rug pulls or other types of scam.
Still, there is risk to investing in a meme coin, even when it is filled with benefits like PEPE Unchained, so remember to do your own research before investing.
