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Pepeverse expands with new ICO Pepe Unchained, a memecoin on its own layer 2 blockchain.
The Pepeverse is growing with the addition of prominent new ICO Pepe Unchained (PEPU).
It’s a new memecoin with its own layer 2 blockchain, and in recent weeks, it has stolen the thunder of Pepe and other related tokens.
Smart money Pepe trader turns to Pepe Unchained
The presale is growing at an unparalleled rate, having just crossed the $18 million raised mark.
Prominent analysts are taking note, including Jacob Bury, who also happens to be an active member of the Pepe community. He published his most recent Pepe analysis just yesterday.
But like many in the Pepe community, Bury understands that the time for major gains on Pepe has passed.
While it could still see potentially 10x gains – or slightly higher depending on the bull market – future returns will come nowhere near the 16,780% gain it has seen since it launched.
Those seeking profits of this magnitude must look further afield, moving along the risk curve to newer and lower market cap projects.
Pepe Unchained fits this bill and is proving to be a favorite of Jacob Bury and many others.
Bury has covered Pepe Unchained on his YouTube channel multiple times and recently said it has 100x potential.
And he’s not the only one. Popular trader ClayBro also says it can 100x after launching on exchanges.
On-chain whale buy spotted for $51K into PEPU presale
A mysterious wallet has invested over $50K into the Pepe Unchained presale.
According to Etherscan data, the whale swapped 21 ETH worth approximately $51K for Pepe Unchained tokens on 3 October.
Digging deeper, we can see the wallet transferred the funds for the payment from the centralized exchange Bitso, so the exact makeup of the whale’s portfolio (and whether they control a lot of Pepe) remains unclear.
That said, the $51K purchase echoes a widespread interest in Pepe Unchained, sparked by its cutting-edge use case.
Pepe Chain: a scalable EVM blockchain dedicated to meme coins
Picture a blockchain where everything is based around memecoins.
We’re talking memecoin-themed metaverses, memecoin futures trading, memecoin games, memecoin decentralized banks, and anything else someone can imagine.
This degen utopia is becoming a reality with Pepe Unchained, the world’s first Pepe-themed blockchain.
It’s an Ethereum layer 2, offering lower fees and 100x higher speeds than the main network.
The Pepe Chain will come with a dedicated Ethereum bridge, staking, a decentralized exchange, and a block explorer.
Notice how we dove into that $51K PEPU presale buy using Etherscan? Users will be able to do the same exact thing on Pepe Unchained transactions using its block explorer.
The Pepe Chain has everything someone would expect from a top blockchain.
Stake Pepe Unchained tokens today and garner a 121% APY
Thanks to its lower operational costs, Pepe Unchained has set aside a whopping 30% of the total supply for staking rewards.
This is working out at huge returns for investors, currently valued at a 121% APY.
At its current rate, you’d have over doubled your PEPU investment yearly just on staking rewards.
But indeed, staking rewards are capped. The APY will get smaller over time, so those seeking to maximize their PEPU bags should act quickly.
Pepe Unchained stands apart from every other crypto on the market, not just because of its unique use case but also because of its explosive momentum.
With over $18 million raised, it’s easily the fastest-growing presale on the market.
As highlighted by Jacob Bury, 100x gains are on the table.
Whether it can go that far remains to be seen. But one thing is for sure – projects like this don’t come around often.
For more information, visit the Pepe Unchained presale website or join the community on X and Telegram.
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Source: https://crypto.news/pepe-holders-are-investing-in-this-rapidly-growing-memecoin-ico/