Meme coin investors are excited about Pepe Unchained, a new project that aims to bring degenerate energy into the layer 2 space.
This project has already raised millions in its ICO phase.
And many early investors are predicting Pepe Unchained (PEPU) will explode once it is launched later this year.
Anticipation mounts for Pepe Unchained after ICO raises $14.9 million
Pepe Unchained ICO is a hot topic right now.
The project has raised $14.9 million in a matter of months, and the current price of PEPU is $0.00984.
This impressive performance of the ICO has caught the attention of investors both large and small.
Some crypto “whales” have invested up to 23 eth in the ICO.
These whale purchases have only increased the hype, helping Pepe Unchained to…x.com/pepe_unchained” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”> twitter and Telegram Channels explode in popularity.
Influencers are also taking note, with big names like Brother of clay highlighting the potential of the project.
Speculations about PEPU are rife.
There are also rumors circulating that the token will be listed on a DEX before the end of the year, and if all goes well, a CEX listing is also in the works.
Pepe Unchained White paper notes that 7.5% of the total token supply has been reserved to provide liquidity for these listings.
Another 7.5% of the offer will be used for project development.
It's an approach that suggests developers view Pepe Unchained as a long-term project, not just a way to make money.
Pepe Chain: The Layer 2 Network for crypto Assets
Pepe Unchained It is more than just a joke for “degenerate” investors.
In fact, the team is building something interesting: its own layer 2 blockchain called “Pepe Chain.”
Pepe Chain is claimed to be faster and cheaper than ethereum, which is a huge plus for traders tired of paying high gas fees.
And it's designed specifically for meme coins.
That makes it a sort of “hub” for the most fun cryptocurrencies on the Internet.
The Pepe Unchained ecosystem also has a double participation protocol.
Those who hold PEPU tokens can stake them and earn 141% APY.
Investors are interested in this protocol, with over 1.1 billion PEPU already locked.
The developers have even introduced a developer grant program called “Friends with benefits.”
This program is designed for developers to create interesting applications on Pepe Chain from day one.
Grants will be awarded for all types of projects: nfts, DeFi, games, and more.
Could Pepe Unchained be ready for takeoff after DEX listing?
Could Pepe Unchained Explode after reaching the bags?
There's certainly a lot of excitement surrounding the project, especially considering the team's Layer-2 plans.
Investors are excited about the idea of faster (and cheaper) meme coin transactions.
In addition, Pepe Unchained has already been audited twice, for Coinsult and Solid proof.
This gives it some credibility in terms of security.
And let's not forget the Pepe the Frog vibe: that meme power could help make Pepe Unchained appealing to the retail community.
The timing could also be ideal for Pepe Unchained.
With interest rates falling and FTX payouts about to begin, we could be on the cusp of seeing a bullish wave hit the market.
That's the kind of environment that could benefit a project as hyped as Pepe Unchained.
With all these factors aligned, this project seems worth following closely.
There is nothing like it on the market today.
If the team can deliver on its promises, the chances of Pepe Unchained taking off would be significantly higher.
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