Pepe Unchained ($PEPU) Promises 100x Returns as Meme Coin Market Cap Adds $7B

The meme coin market is back providing huge returns, and investors are betting big on Pepe Unchained ($PEPU). It's a new project positioned as the only Pepe-themed Ethereum layer 2 blockchain.

The meme coin market has experienced a resurgence, with investors showing strong interest in Pepe Unchained ($PEPU), a new project that aims to be the only Pepe-themed Ethereum layer 2 blockchain.

During the presale, Pepe Unchained has managed to raise a total of $15.5 million, with over $300K of that coming in the last 24 hours.

As the meme coin sector continues to show signs of recovery, several analysts have expressed optimism about Pepe Unchained.

Umar Khan from 99Bitcoins stated that Pepe Unchained is set to "100x," while ClayBro highlighted the presale momentum and predicted major gains for the token.

With Pepe and Shiba Inu, two of the top-performing meme coins, both being based on Ethereum, traders appear to be enthusiastic about their own meme coin season, especially following the success of Solana meme coins earlier in 2024.

However, Ethereum is not optimally suited for meme coins compared to Solana due to factors such as higher fees and slower speeds caused by network congestion.

In recent years, developers have addressed this issue by introducing "layer 2s," which are separate blockchains connected to Ethereum that handle the computation of transactions off the main network.

These layer 2 networks provide faster and cheaper transactions while still allowing users to access them from their Ethereum wallet.

Despite this, most Ethereum meme coin activity has occurred on the main network until now.

However, Pepe Unchained aims to become the new home of Ethereum meme coins, promising speeds 100x faster and significantly lower costs than the Ethereum main network.

By focusing specifically on meme coins, Pepe Unchained opens up a wide range of potential use cases.

To further support this goal, the Pepe Unchained team has announced a developer grant program in Q4, where they will provide funding for people to build on the Pepe Chain.

"It's essential that we equip developers with all the necessary tools—comprehensive guides and financial support—to build outstanding dApps."

The Pepe Chain will launch immediately after the presale, according to the team. It will also feature a dedicated Ethereum bridge, a staking mechanism, a block explorer, and a decentralized exchange.

The Pepe Unchained presale price is $0.00986, which will increase gradually throughout the campaign, with the next price hike in one day.

Investors can expect further gains once $PEPU is listed on exchanges, especially considering that the team has revealed being in talks with tier-1 exchanges.

To stay up-to-date on the latest developments, follow Pepe Unchained on Twitter or join its Telegram group. You can also visit its website to buy and stake tokens.