Pepe Unchained, a new Layer-2 meme coin on Ethereum, has raised $4 million in its presale amidst a surge in Ethereum’s price and DeFi activity.
Pepe Unchained is making headlines as it crushed a $4 million milestone in presale funding, just days shy of celebrating its first month since launch.
The recent spike in trading activity within the crypto market, catalyzed by a major geopolitical event, has significantly bolstered investment in Pepe Unchained’s presale. This surge comes amid competition from established Ethereum-based predecessors like Pepecoin ($PEPECOIN) and Pepe ($PEPE), both vying for dominance in the Pepe meme coin space.
Simultaneously, Ethereum’s price has surged back to the $3,400 range, sparking speculation about whether it could break the $4,000 mark as summer heats up. The earlier-than-expected approval of Ethereum ETFs could propel the top commercial blockchain to even greater heights.
If the positive trading sentiment persists through September, Pepe Unchained has a real opportunity to shine. Acquiring it at its presale prices could be a significant investment, potentially yielding substantial returns in the coming months.
Currently, $PEPU tokens are available for just $0.0084937 in presale, with a price hike to $0.00852770 expected in less than 48 hours. Investors are encouraged to act quickly, as the presale price won’t last long. With listings on major exchanges looming, the token’s value is poised to increase significantly.
Ethereum’s Investment Potential in 2024
Ethereum has experienced a 10.9% increase over the past week, yet it still requires a 16.68% rise from its current price of $3,428 to reach the $4,000 mark again. With summer underway, there are high expectations for Ethereum to stage a robust comeback, bolstered by several compelling factors.
Three Ether spot ETFs have received preliminary approval from the US Securities and Exchange Commission (SEC) to commence trading on July 23. This development signals increasing mainstream acceptance of cryptocurrency and could significantly boost Ethereum’s price.
Additionally, these three ETFs are just the beginning. According to Radar on X, ten more Ethereum ETFs are set to launch next week, further enhancing market confidence.
Another factor contributing to Ethereum’s potential rise to $4,000 is the resurgence of decentralized finance (DeFi). In the past week alone, the value of Ethereum locked in DeFi projects surged by 6.25% to an impressive $59.11 billion. Since the beginning of the year, Total Value Locked (TVL) has increased by 96%, highlighting renewed market confidence in DeFi.
Meme coins on Ethereum, such as $PEPE and $PEPECOIN, have also seen their values rise recently, engaging in a competitive struggle for gains. The positive trading activity of these Ethereum-based tokens benefits Ether’s price, as they rely on gas fees priced in gwei (tiny fractions of Ether). However, increased activity in these meme coins can drive up gas prices, making transactions more expensive for all Ethereum users.
Earlier this year, high transaction volumes pushed gas prices to a 12-month high of 82.9 gwei in March. This situation underscored the need for more efficient solutions, which Pepe Unchained aims to address with its own Layer 2 chain.
Pepe Unchained: Addressing Ethereum’s Limitations
Pepe Unchained distinguishes itself from other meme coins by addressing the challenges associated with high transaction costs on Ethereum. By introducing its own Layer 2 chain, Pepe Unchained offers significantly reduced transaction costs and a capacity 100 times larger than what Ethereum provides. This innovation makes $PEPU more accessible and attractive to both retail and institutional investors.
Moreover, Pepe Unchained’s Layer 2 chain acts as a new ecosystem for emerging tokens, complete with a dedicated blockchain explorer to monitor transactions. It also enables instant bridging to ETH, improving interoperability and accessibility for users.
INVEST IN $PEPU EARLY BEFORE IT BECOMES NEXT 100X CRYPTO
The project’s staking rewards are particularly noteworthy. Currently, staking $PEPU yields an impressive 462% APY, providing investors with passive income opportunities that can quickly double their investments. This high reward rate, combined with the token’s innovative features, makes Pepe Unchained a compelling investment.
Why Now Is the Perfect Time to Buy Pepe Unchained
With everything Pepe Unchained has to offer, there’s no better time than now to secure $PEPU at a discounted rate and prepare for massive growth. Popular YouTuber ClayBro, with over 130,000 subscribers, has highlighted the potential of Pepe Unchained on his channel, echoing the sentiment that now is the perfect time to invest.
Investors can join the presale by visiting the Pepe Unchained website, connecting their wallets, and purchasing $PEPU with ETH, USDT, or BNB. Credit cards are also accepted, making it easy for investors to participate.
Pepe Unchained’s smart contract is fully audited by Coinsult and SolidProof, ensuring zero critical issues in the integrity of its code. This adds an extra layer of security and confidence for investors.
While Ethereum’s recovery is fantastic for the market at large, owning a token like Pepe Unchained offers a fun and potentially lucrative alternative, especially with the reduced transaction costs provided by its Layer 2 solution. For those tired of steep gas fees, Pepe Unchained offers a refreshing change.
BUY $PEPU NOW AT ITS LOWEST PRICE POINT
The cryptocurrency market is ripe with opportunities, and both Hamster Kombat and WienerAI demonstrate significant potential for substantial returns. However, for investors looking for the next big thing, Pepe Unchained stands out with its innovative approach, strong presale performance, and high staking rewards.
To join the movement of owning a Pepe without the constraints of Ethereum, head over to the Pepe Unchained website, connect your wallet, and buy $PEPU today. Don’t miss out on the chance to be part of this groundbreaking project and prepare for the massive growth ahead.
