The meme coin sector has been struggling over the past week, with most cryptos suffering major losses following a surge in July. On a weekly basis, even the majors, such as Pepe (PEPE) have seen their prices spiral down.
Pepe, for example, saw a 23% weekly price drop. Its value went from $0.000012 on July 30 to $0.000006 on August 5. Since then, it saw a slight recovery which brought it to a resistance at $0.000008, but the token is still struggling to get past this level and recover further to July levels.
But, while the original Pepe is seeing its price struggle, the crypto community has demonstrated its optimism in the meme coin sector in another way — by investing heavily into the Pepe alternative that is currently still in presale.
BUY PEPE UNCHAINED — THE NEWEST HIGH-POTENTIAL PEPE TOKEN
Can Pepe Unchained surpass Pepe?
Known as Pepe Unchained, the newest Pepe alternative is a highly anticipated project that has seen a massive amount of money invested into its ICO. The project managed to raise over $7.68 million in the last few weeks, while its current price is still only $0.0089461.
The reason behind the major investments that made the presale so profitable is the fact that this is the first Pepe-based token to have its own blockchain. The original Pepe is based on Ethereum, and while it has its own loyal community, it is still bound by Ethereum’s limitations. Things like slow transactions, high transfer fees, and the lack of scalability trouble Pepe just as much as they do Ether.
Pepe Unchained, however, has its own Layer-2 chain that was built on Ethereum’s network, but it runs independently from it. As such, it is able to offer much higher transaction speeds and much lower transfer fees. Thanks to far greater scalability, the project became a community favorite overnight, and some speculate that it might even outperform Pepe after going live.
BUY PEPU BEFORE THE NEXT PRICE INCREASE
Whether or not the unchained alternative of Pepe can replace the original remains to be seen. One thing that can be said for certain, however, is that there is massive demand for the token, as demonstrated by the success of its ICO.
With that in mind, the more the presale raised, the more money it continued to attract, as new investors started developing interest in it. However, those who wish to buy the token need to act quickly, as its price is scheduled to see another increase in only 24 hours. This happens whenever the project’s presale goes from one stage to the next, increasing its value each time, so buying it right now will ensure that you buy it while it is still lower than tomorrow, or at the time of launch.
You can purchase PEPU with ETH, USDT, BNB, or your credit/debit card.
