Is Vitalik Buterin Backing Pepe Unchained As Scaling Market Heats Up? New Pepe Zooms Past $12.5M In Presale

While
Vitalik
Buterin
may
be
stepping
away
from
the
Layer
2
investment
landscape,
the
sector
is
far
from
cooling
down
as
new
Ethereum
Layer
2
project,

Pepe
Unchained
($PEPU),
has
recently
surpassed
the
$12.5
million
mark
in
its
ongoing
presale.

In
just
over
three
months,
Pepe
Unchained
has
quickly
established
itself
as
a
solution
to
the
current
kinks
in
Pepe
ownership
and
is
emerging
as
a
formidable
contender
in
the
future
meme
coin
landscape.
More
importantly,
its
Layer
2
solution
is
shaping
up
to
be
a
potential
meme
coin
launchpad
that
could
outpace
competitors
such
as
Solana’s
Pump.fun
and
Tron’s
SunPump.

The
influx
of
capital
to
the
project
continues
unabated,
with
investors
and
market
observers
eagerly
anticipating
its
upcoming
release.
This
excitement
takes
on
added
significance
as
the
release
might
align
with
the
slumbering
bulls
of
the
broader
market,
poised
to
reawaken
in
Q4.

The
investor
fervor
surrounding
Pepe
Unchained,
bolstered
by
substantial
support
from
major
investors,
has
driven
the
price
of
$PEPU
up
since
its
presale
debut.
Currently,
$PEPU
is
priced
at
$0.0096126
but
is
expected
to
rise
to
$0.009651
in
less
than
two
days
as
it
possibly
nears
the
end
of
its
presale.

Prospective
investors
should
act
swiftly
while
$PEPU
remains
available
at
a
discount.
Once
the
presale
concludes,
acquiring
$PEPU
at
its
current
rate
may
become
increasingly
challenging,
if
not
impossible.

Vitalik
Buterin
Favors
Donating
To
Projects
He
Considers
“Valuable”

Vitalik
Buterin
has
recently
indicated
that
he
won’t
be
investing
in
any
Layer
2
projects
for
the
time
being,
a
statement
he
made
shortly
after

moving
1.28
million
Starknet
($STRK)
tokens
–
at
the
time
worth
around
$470,000
–
into
his
wallet.

It
is
anticipated
that
these
withdrawn
tokens
will
be
directed
towards
“supporting
public
goods
within
the
Ethereum
ecosystem
or
broader
charitable
causes,”
as
Buterin
revealed
in
a
recent
statement.

He
has
emphasized
his
intent
to
channel
resources
into
projects
he
believes
the
ecosystem
may
be
undervaluing
strictly
through
donations
rather
than
investments.

BTW
the
above
also
applies
to
L2
tokens
or
other
project
tokens
I
hold
(incl
not-yet-liquid):
all
proceeds
will
be
donated,
again
either
to
support
public
goods
within
the
ethereum
ecosystem
or
broader
charity
(eg.
biomedical
R&D).

I
also
do
not
intend
to
invest
into
L2s
or…

—
vitalik.eth
(@VitalikButerin)

September
5,
2024

While
Buterin’s
motivations
extend
beyond
mere
financial
gain,
regular
investors
should
heed
a
critical
warning:
overlooking
the
burgeoning
Layer
2
scene
could
be
a
monumental
misstep.

As
of
2024,
the
total
value
locked
(TVL)
in
Layer
2
solutions
stands
at
$33.29
billion,
with
Ethereum’s
leading
L2s
alone
commanding
a
market
cap
of
$17.1
billion.
This
valuation
represents
merely
the
tip
of
the
iceberg;
VanEck
projects
that
the
L2
market
could
burgeon
into
a

trillion-dollar
industry
within
the
next
five
years.

For
those
eager
to
stay
ahead,
now
is
the
time
to
capitalize
on
the
burgeoning
Layer
2
space,
as
it
presents
a
critical
opportunity
for
substantial
gains
in
the
coming
years.

L2BEAT
–
The
state
of
the
layer
two
ecosystem

At
this
early
stage,
Pepe
Unchained
is
likely
still
undervalued
by
the
market.
When
compared
to
its
predecessor,
Pepe
($PEPE),
the
funds
raised
by
Pepe
Unchained
are
still
a
fraction
of
$PEPE’s
market
value.

However,
it’s
not
just
the
numbers
that
make
Pepe
Unchained
undervalued;
it’s
also
the
unique
value
it
brings
to
the
industry
that
the
entire
Ethereum
ecosystem
has
not
caught
up
with
yet.

Could
Buterin
consider
an
exception
to
his
rule
about
not
investing
in
Layer
2
projects
once
he
fully
grasps
the
intangibles
that
Pepe
Unchained
brings?

Pepe
Unchained:
Backing
Something
With
Real
Value

Meme
coins
are
here
to
stay.
They
offer
a
refreshing
departure
from
crypto’s
often
overly
complex
world. 

They
bring
a
touch
of
levity
to
an
otherwise
serious
space,
much
like
how
memes
in
internet
culture
provide
a
humorous
break
from
the
constant
stream
of
news
and
important
updates.

In
the
crypto
realm,
icons
like
$PEPE
and
Dogecoin
($DOGE)
have
become
symbols
of
this
lighthearted
fun,
contrasting
the
industry’s
more
esoteric
aspects.

Yet,
for
these
meme
coins,
especially
ones
like
$PEPE,
being
tethered
to
Ethereum
presents
challenges.
The
high
gas
fees
and
scalability
issues
detract
from
the
fun
of
owning
these
tokens. 

Layer
2
solutions
have
become
increasingly
valuable
precisely
because
they
address
these
scaling
limitations
that
Ethereum
can’t
solve
on
its
own,
even
after
sharding
is
introduced
on
the
Ethereum
2.0
upgrade
roadmap.

Enter

Pepe
Unchained’s
Layer
2,
which
promises
to
transform
the
meme
coin
ownership
experience
by
offering
significantly
faster
transactions
and
lower
fees
–
starting
with
$PEPE.

It
will
feature
its
block
explorer,
a
custom-built
decentralized
exchange
(DEX),
and
seamless
chain
bridging.

Pepe
Unchained
—
Groundbreaking
Layer
2
Blockchain
technology.

Welcome
to
the
future
of
meme
coins.
????

pic.twitter.com/iC9b6YSynT

—
Pepe
Unchained
(@pepe_unchained)

September
6,
2024

Once
it
launches,
it
could
be
the
chain
to
support
a
Pepe-flavored
$DOGE,
Shiba
Inu
($SHIB),
Floki
($FLOKI)
and
other
meme
coins.

Indeed,
if
Vitalik
Buterin
is
backing
something
valuable,
then
what
could
be
more
valuable
than
highlighting
the
fun
and
playful
side
of
crypto
through
meme
coins? 

Pepe
Unchained
is
set
to
be
the
top
launchpad
for
the
tokens
that
infuse
the
industry
with
humor
and
vibrancy
–
all
while
ensuring
cost-efficient
and
speedier
transactions.

So,
if
you
are
not
part
of
this
exciting
future
for
meme
coins,
join
the
presale
now
while
$PEPU
is
priced
at
a
discount.
Head
over
to

Pepe
Unchained
official
website.
Connect
your
wallet
and
purchase
$PEPU
using
ETH,
USDT,
or
BNB.
Credit
card
payments
are
also
accepted.

Pepe
Unchained’s
smart
contract
has
passed
a
full
audit
by

Coinsult
and

SolidProof,
with
zero
critical
issues
identified
in
its
code.

Visit
Pepe
Unchained.