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Pepe Unchained, the latest meme coin to trend on social media, has raised over $9 million in its ICO.
Investors are scrambling to get on board early – and one analyst is even expecting the Pepe Unchained (PEPU) token to explode when it launches later this year.
Pepe Unchained Plans Lightning-Fast Layer-2 Blockchain for Meme Coins
Pepe Unchained is generating huge buzz right now.
This froggy coin is introducing something new with its very own Layer-2 blockchain, “Pepe Chain.”
Think of Layer-2 blockchains like express lanes on a highway.
They essentially make transactions faster and cheaper.
But Pepe Unchained’s Layer-2 isn’t like the others – it’s designed solely for meme coins.
The project’s whitepaper claims it’ll have speeds up to 100 times faster than Ethereum, with minimal fees.
There will also be instant bridging between Ethereum and Pepe Chain, along with its own block explorer, and the ability to handle a massive number of transactions at the same time.
If that wasn’t enough, Pepe Unchained also has a staking protocol for its native PEPU token.
PEPU holders can stake their tokens and earn estimated annual yields of 219%.
Over 731 million PEPU tokens have been staked already – all before the token has even gone live.
This combo of Layer-2 ambitions and huge staking rewards is why Pepe Unchained has become a hot topic on Twitter and Reddit.
Analyst Predicts PEPU Could Explode After ICO Raises $9M
Crucially, Pepe Unchained doesn’t seem to be just a fleeting trend.
With over $9 million raised in its ICO, this project is proving it has the substance to back up the buzz.
Early investors can snag PEPU tokens for $0.0090901 each, but that price won’t last forever.
As the ICO progresses, the PEPU price will climb – offering early investors a potential advantage before the DEX listing.
The excitement isn’t just about the ICO, though.
Crypto analyst ClayBro, with his 130,000+ following on YouTube, is bullish on Pepe Unchained.
He’s predicting PEPU could explode 100x after launch.
A combination of factors is driving ClayBro’s bullishness: a successful ICO so far, the Layer-2 plans, and the staking system offering high annual yields.
Plus, with retail investors expected to return en masse during the next bull run, ClayBro believes Pepe Unchained could benefit.
This price prediction has gone down a treat with early investors.
Over 5,500 people are now in Pepe Unchained’s Telegram channel, sharing memes and discussing the project’s potential.
Could the Pepe Chain Dominate the Layer-2 Market?
Layer-2 networks have become one of the hottest narratives in crypto this year.
Over $36 billion is now locked in these fast and affordable scaling solutions.
Arbitrum leads the way with $14.8 billion, followed by Base with $6.2 billion.
Every month, a new Layer-2 solution seems to pop up, each vying for the top spot.
But Pepe Unchained is doing something different.
Instead of following the crowd, this frog-themed project is creating its own niche by focusing just on meme coins.
It’s like building a playground for the silliest tokens – an approach that could be incredibly successful.
By creating a Layer-2 chain for these tokens, Pepe Chain may become the go-to destination for creators and traders.
Imagine a blockchain where gas fees are practically non-existent.
For meme coin traders, that would be huge.
And for creators, Pepe Chain could be the launching pad they’ve been looking for.
A place where they can create tokens in seconds without the seriousness of other blockchains.
This is why Pepe Unchained’s ICO has been such a hit.
If the developers can keep up this momentum, it will be interesting to monitor the meme coin.
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