2 weeks ago
22
ApeCoin (APE) has made headlines with a 130% price surge.
This surge is linked to the launch of ApeChain, a Layer-3 blockchain that promises to boost APE’s functionality.
Now, the spotlight is turning to a new star – Pepe Unchained (PEPU) – with some traders suggesting it could follow ApeCoin’s lead.
APE Price Soars Over 130% – Can It Hit a New All-Time High?
APE’s price spike has grabbed the attention of crypto fans everywhere.
Now trading at $1.47, the token has shot up an impressive 130% since Saturday morning.
Although the price has slightly dipped in the past few hours, it’s still holding steady at its highest point since mid-April.
It isn’t just a price bump, either.
APE has climbed to the 5th spot on CoinMarketCap’s trending list, with trading volumes up 72%, hitting $1.6 billion.
That rise has pushed APE into the 9th spot for most traded cryptocurrencies – overtaking XRP and PEPE.
Crypto expert @nullinger on Twitter has made a bold claim.
He believes APE could keep rallying to $69, and if that happens, it would set a new all-time high for the token.
It’s an example of how excited the broader trading community is about ApeCoin’s current price action.
ApeChain Launch Fuels APE’s Explosive Price Rally
So, what’s behind APE’s impressive rally?
It’s all about ApeChain – a new Layer-3 blockchain that’s seriously upgraded the token.
ApeChain aims to turn APE from a simple utility token into the core of its own ecosystem.
The chain comes with a bunch of new features.
One of the biggest is bridges that allow users to move APE between the ApeChain, Ethereum, and Arbitrum networks.
That flexibility has sent APE trading volumes soaring.
But there’s more.
ApeChain also offers automatic yield generation, so APE holders can earn passive income without doing anything.
This mix of enhanced utility, cross-chain options, and easy returns has investors buzzing.
Before ApeChain’s launch, the APE token had been treading water around $0.69.
Now, it’s at a six-month high.
All in all, the story of APE’s price rise shows the power of blockchain upgrades to revitalize a token’s ecosystem – and reignite investor interest.
Could Pepe Unchained Follow APE? New Layer-2 Project Raises Over $21M in Presale
Alongside ApeCoin, another token is beginning to generate traction.
That token is Pepe Unchained – a meme coin with big plans.
The creators are setting out to build a whole ecosystem on a new Layer-2 Ethereum blockchain called “Pepe Chain.”
This is similar to what ApeChain’s developers have done.
However, the similarities don’t end there.
Like ApeChain promised increased utility for APE, the Pepe Chain has some ambitious aims.
According to Pepe Unchained’s whitepaper, it could be up to 100 times faster than Ethereum and have much lower fees.
Add instant bridging between the Pepe Chain and Ethereum, and the formula feels like APE’s recipe for success.
But Pepe Unchained is also adding its own twist.
For example, the Pepe Chain will also have a “double staking” protocol that offers APYs of 106%.
Plus, there will be developer grants for those who wish to build DApps on the new Layer-2 chain.
It’s like the team has taken ApeCoin’s strategy and turned it up a notch.
People are noticing – with Pepe Unchained’s presale having pulled in over $21.1 million in early funding.
Interested investors can get PEPU tokens for just $0.0112 each during the presale.
So, could Pepe Unchained follow ApeCoin’s lead?
Time will tell, but for new cryptocurrencies, thinking outside the box can sometimes lead to enormous gains.
Disclaimer: The above article is sponsored content; it’s written by a third party. CryptoPotato doesn’t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.
Readers are also advised to read CryptoPotato’s full disclaimer.
The post ApeCoin Price Up 130% After ApeChain Launch – Could Pepe Unchained Explode Next? appeared first on CryptoPotato.
English (US) ·