Pepe Unchained ICO raises $8M; analyst predict 10X growth potential – crypto.news

Pepe Unchained presale hits $8M, fueling excitement for its upcoming Pepe-themed Ethereum layer 2 blockchain.

Pepe Unchained (PEPU) is the latest memecoin to cause a stir as its presale total raise hits $8 million.

The presale is raising funds to build a Pepe-themed Ethereum layer 2 blockchain. Investors have been going crazy for it, and there’s still time to buy.

Over $8 million raised in the PEPU presale

With the presale ongoing, investors are scrambling to buy PEPU at the lowest price. That’s because price hikes are central to the presale.

Currently, investors can buy PEPU for $0.0090178, but this is expected to rise as the campaign advances. The next increase will occur in one day.

Getting in early is key to making big returns in crypto, so prospective Pepe Unchained buyers are acting fast.

They’ve poured over $8 million in so far, attesting to the project’s high-octane meme coin-utility coin hybrid model.

While carrying the enigmatic allure of Pepe coin, Pepe Unchained is building something unique. It’s creating a layer 2 blockchain that provides low-cost and fast transactions.

Compare this to Ethereum’s often slow and sky-high transactions; it’s easy to see why investors are buzzing. 

Pepe Unchained is the first meme coin with a layer 2

Memecoins won’t be the same after Pepe Unchained. It will be the first to have its own layer 2 blockchain, which could open the floodgates to memetic creativity.

Developers will finally have a memecoin-friendly playground to build whatever their imaginations allow. And with low fees and high speeds, mass adoption is almost guaranteed.

Devs could launch tokens, build dApps, create memecoin-focused NFTs, or anything else. It’ll be like an internet for meme coins.

Pepe Unchained is not an ordinary memecoin; it’s a turning point in the joke token sector’s trajectory. Because it’s an Ethereum layer 2, users can easily hook up their MetaMask or other EVM wallet, so getting started is a breeze.

The team is also building a dedicated Ethereum bridge, which will make moving funds between the two blockchains effortless.

And to retain Ethereum’s transparency and audibility benefits, Pepe Unchained will have its own block explorer.nLastly, the project has a staking mechanism and massive rewards.

They’re currently valued at 235% APY, but they’ll decrease over time.

While Pepe Unchained’s memecoin allure could draw the masses, its unique utility provides real staying power. This is a recipe for success, and analysts are paying attention.

Pepe Unchained could bring a lot of new eyes to memecoins

Zach Humphries, a prominent YouTuber with 150K subscribers, recently said that Pepe Unchained could draw a lot of attention to memecoins.

That’s a bold statement to make, given the memecoin sector is already worth $39 billion. 

“If the dev team does what they say they’re going to do, they will bring a lot of attention. This potential is definitely interesting,” he said.

Humphries then looked at Pepe Unchained current position amid its presale:

“If this does take off, you’re getting in at a much cheaper price.”

The analyst did not provide an exact prediction on how far Pepe Unchained could go. However, Jacob Bury did not mince his words when he said it’s a “new 10x potential crypto.”

With a use case spanning the layer 2 and memecoin sectors, Pepe Unchained has a unique narrative. 

It seems everyone is taking note and rushing into the presale. This is also helped by Solid Proof, a blockchain security firm that audited the Pepe Unchained smart contract and found no issues.

Therefore, investors can buy the presale with peace of mind that there are no scams or rug pulls. However, with a price hike in one day, potential buyers have no time to waste.

For more information, visit the Pepe Unchained presale website or follow the project online on Telegram and X.