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Cryptocurrency News Articles

Pepe Coin (PEPE) and PlutoChain ($PLUTO) – A Closer Look at Two Promising Crypto Projects

Feb 09, 2025 at 08:00 am

/PlutoChain/ – Pepe Coin (PEPE) is a strong player in the meme coin sector that keeps attracting investors with its high trading volume and active community.

Pepe Coin (PEPE) and PlutoChain ($PLUTO) – A Closer Look at Two Promising Crypto Projects

Meme coin Pepe Coin (PEPE) saw some gains on Monday, rising by 3.4% and trading at around $0.00001001. Despite recent price dips, one analysis suggested a potential rebound for PEPE, especially with growing market interest in speculative assets.

Meanwhile, PlutoChain ($PLUTO) might be the key to unlocking faster transactions, lower fees, and Ethereum compatibility for Bitcoin with its Layer-2 technology. Here's a closer look at both projects.

Pepe Coin (PEPE) saw a slight increase in price on Monday, rising by 3.4% and trading at around $0.00001001, according to CoinGecko. The meme coin was also seeing high trading volume, with about $944.96 million in trades over the last 24 hours.

After a massive rally in 2024, which saw PEPE soar by over 23,000%, the meme coin had a turbulent 2025 and saw significant price drops. However, the token still managed to spark interest among investors and even caught the attention of Robinhood, which added PEPE to its platform in late 2024.

This move opened the door to millions of new investors and helped propel PEPE to new heights. Meme coins are typically known for their community support and price movements influenced by online trends.

One analysis suggested that PEPE might be attempting a rebound from the lower boundary of its descending channel, which could signal the start of a recovery phase. If the bounce holds, it could lead to a bullish rally toward $0.000002100.

Bitcoin is the most well-known cryptocurrency and a valuable asset, but its slow transactions, high fees, and network congestion make it impractical for everyday payments. While networks like Ethereum and Solana have improved efficiency with Layer-2 scaling, Bitcoin still lacks a widely adopted solution.

Enter PlutoChain ($PLUTO), a Layer-2 network built to enhance Bitcoin. With block times of just 2 seconds, PlutoChain could massively improve Bitcoin’s speed, which currently averages at 10 minutes per block. This could make Bitcoin viable for small purchases, international transfers, and microtransactions that were previously too slow and expensive.

Beyond speed, PlutoChain also slashes transaction costs, which could make Bitcoin more practical for real-world payments. Lower fees could encourage broader adoption and expand Bitcoin’s role beyond being just a store of value.

PlutoChain also introduces cross-chain compatibility and could enable seamless integration with Ethereum-based DeFi platforms, NFT marketplaces, and even AI-powered blockchain projects. This could bridge Bitcoin to a larger, more dynamic ecosystem.

The network has already proven its scalability by successfully processing over 43,200 transactions in a single day without congestion during the testnet phase. And to ensure top-notch security, PlutoChain has already passed independent audits by SolidProof, QuillAudits, and Assure DeFi, along with continuous code reviews and stress tests.

Another thing that sets PlutoChain apart is its decentralized governance model, which gives users a say in network upgrades instead of leaving decisions solely to miners and developers.

With fast transactions, lower fees, Ethereum compatibility, and a community-driven approach, PlutoChain has the potential to help transform Bitcoin from a slow, expensive asset into a highly usable, real-world payment network.

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Other articles published on Feb 10, 2025