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Cryptocurrency News Articles

Layer-2 for the unpredictable meme coin market

Oct 10, 2024 at 06:51 pm

By - Mandar V. Joshi, Partner and Head of Technology Implementation, Management Consulting: KPMG Artificial Intelligence(AI) AI and Analytics based Business Strategy

Layer-2 for the unpredictable meme coin market

The ‘Pepe Frens With Benefits Collective’ has announced developer rewards for integrating $PEPU, a meme coin that is pegged to the speed of Pepe the Frog. The faster Pepe moves, the more $PEPU is rewarded.

Pepe Frens are a group of people who are passionate about Pepe the Frog and his role in the meme economy. The collective is dedicated to promoting Pepe and ensuring that he is used for good.

As part of their efforts, the Pepe Frens are rewarding developers who integrate $PEPU into their projects. The rewards are designed to encourage the adoption of Pepe and his meme coin.

To qualify for the rewards, developers must integrate $PEPU into a project that is live and functional. The project should also have a significant user base and be actively used by people.

Once the project is integrated, developers must submit a form to the Pepe Frens team. The team will then review the project and determine if it is eligible for the rewards.

If the project is approved, the developers will receive a payment of $PEPU tokens. The amount of tokens will vary depending on the size and scope of the project.

The Pepe Frens are hoping that the rewards will help to increase the adoption of Pepe and his meme coin. They believe that $PEPU has the potential to become a valuable asset and that it will help to spread the joy of Pepe throughout the world.

As of now, Pepe is moving at a better speed, which means that $PEPU holders are getting rewarded at a faster rate.

The faster Pepe moves, the better rewards $PEPU holders will receive. So, if you're holding $PEPU, be sure to keep an eye on Pepe's movements!

Pepe Unchained, on the other hand, has seen a significant rise in price over the past month. The meme coin, which is not affiliated with the original Pepe the Frog meme, has risen by over 1,000% since the beginning of March.

The rapid rise in price has been attributed to a number of factors, including increased interest in meme coins and the listing of Pepe Unchained on several major cryptocurrency exchanges.

However, the coin's price has also been volatile, with large swings in value over short periods of time. This volatility is likely due to the coin's small market capitalization and the fact that it is heavily traded by retail investors.

Despite the volatility, Pepe Unchained has remained one of the top-performing cryptocurrencies in recent months. The coin's fast speed and loyal community of supporters have helped to drive up the price.

If the coin continues to move at a fast speed, then we can expect to see further gains in the coming months. However, investors should be aware of the risks involved in investing in meme coins and should only invest what they can afford to lose.

News source:m.economictimes.com

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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Other articles published on Nov 23, 2024