Pepe Unchained pre-sale hits $11M and one trader predicts it will be the top meme coin

Pepe Unchained raises $11M in pre-sale to develop Pepe Chain, an ethereum layer 2 blockchain for memecoins.

crypto-news.care/b_pepeunchained-en_97815?referrer=pepe-unchained-presale-hits-$11m-as-trader-says-it%E2%80%99ll-be-the-top-meme-coin” target=”_blank” rel=””>Pepe Unchained (PEPU)a new utility-focused memecoin, has successfully raised $11 million in pre-sale funding.

The funds will be used to develop its flagship product, “Pepe Chain,” an ethereum layer-2 blockchain designed for meme coins.

PEPU pre-sales soar as over 18,300 investors join its social media channels

Pepe Unchained's pre-sale has sparked significant interest from investors.

The $11 million-plus raise makes it one of the largest pre-sales in the pipeline and leaves just a $7.6 million hole short of the total raised by ethereum's 2014 ICO.

Whether PEPU will surpass ethereum’s ICO metrics remains to be seen, but the project is certainly generating significant buzz.

His success on social media proves it: more than 6,300 people have joined his Telegram Communityand 12,000 have followed the x.com/pepe_unchained” target=”_blank” rel=””>Pepe Unchained x.

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Pepe Unchained also has the endorsement of some of the industry's leading experts.

This analyst believes that Pepe Unchained can explode

Predicting the future isn't easy, but one trader believes Pepe Unchained has it covered.

ClayBro predicts that Pepe Unchained “will become the leading memecoin,” citing its successful pre-sale as a key reason.

“Guys, the crypto Fear and Greed Index has been in fear territory for almost three months now, but Pepe Unchained is able to raise money, they can sell, these guys are doing something right now that no other presale can do,” he said.

Another thing that ClayBro stands out for is the lucrative staking rewards offered by Pepe Unchained.

Like most cryptocurrencies, Pepe Unchained staking rewards are based on a variable APY.

The more tokens are staked, the lower the rewards for each individual participant.

However, ClayBro notes that Pepe Unchained’s staking rewards are “extremely high” considering he has already raised so much money.

With $11 million raised, it is clear that many investors are already participating and staking PEPU tokens.

Normally, this would leave only a small APY for newer investors, but that's not the case.

The APY stands at 182%, and this is all thanks to the considerable allocation of staking tokens.

While 20% of crypto-news.care/b_pepeunchained-en_97815?referrer=pepe-unchained-presale-hits-$11m-as-trader-says-it%E2%80%99ll-be-the-top-meme-coin” target=”_blank” rel=””>Pepe Unchained Tokens are allocated for pre-sale and 30% goes to staking.

This means that for every token investors purchase in the pre-sale, there are an additional 1.5 available through staking rewards.

Pepe Unchained allows users to overcome ethereum's slow transaction fees and speeds

New data suggests ethereum gas fees are at an all-time low, but this is only thanks to Layer 2 blockchains.

Users no longer need to use the ethereum mainnet to transact. They can trade, interact with decentralized applications, send and receive funds, all from secondary blockchains connected to ethereum, known as layer 2s.

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Layer 2s, like Pepe Unchained, offer users more competitive fees and faster speeds compared to ethereum.

Now, some layer 2s (including Pepe Unchained) are specializing in specific crypto subsectors.

Pepe Unchained's focus is on memecoins. Others are based on DeFi, gaming, privacy, nfts, etc.

It's no secret that memecoins have been one of the hottest asset classes this year.

Almost every day, it seems like a memecoin tops CoinMarketCap’s list of top gainers. Today, it’s Dogs with a 23% increase.

But until now, the memecoin sector hasn't had a place to call home.

Memecoin traders have remained on the fringes of blockchain communities, sometimes seen as a burden by more “serious” market participants due to their significant use of the power of blockchain.

However, Pepe Unchained is a new hub for memecoin enthusiasts, where memetic activity is encouraged.

And with low fees and high speeds, it could be the next chapter in the memecoin saga.

Pepe Unchained is currently available for purchase at $0.0093477, but this price is expected to increase during the pre-sale.

For more information, crypto-news.care/b_pepeunchained-en_97815?referrer=pepe-unchained-presale-hits-$11m-as-trader-says-it%E2%80%99ll-be-the-top-meme-coin” target=”_blank” rel=””>Visit Pepe Unchained's pre-order website.