Pepe Unchained ICO Explodes With $150K Raised In Minutes, New Layer 2 Meme Coin To Watch
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A
new
Pepe-themed
meme
coin
on
its
own
Ethereum
Layer
2
blockchain
just
launched
this
week
called
Pepe
Unchained
($PEPU),
taking
in
over
$150,000
in
investments
within
minutes.
Pepe
Unchained
has
now
raised
over
$220,000
as
meme
coin
fans
bundle
in
to
take
advantage
of
virtually
unheard-of
staking
rewards
of
over
20,000%
APY,
alongside
lower
fees
and
100x
faster
speeds
for
anyone
transacting
with
$PEPU
than
its
leading
ERC-20
meme
coin
competitors.
There
are
just
over
3
days
left
to
purchase
$PEPU
at
the
lowest
possible
price
of
a
fraction
of
a
cent
($0.008)
before
the
presale
moves
on
to
the
next
round.
That
means
those
who
buy
in
now
get
the
token
at
the
lowest
possible
presale
price.
Beyond
the
ICO,
the
token’s
likely
listing
on
exchanges
could
smash
the
ceiling
on
its
potential
appreciation,
so
for
those
who
are
curious,
there
may
never
be
a
better
time
to
buy
in,
while
an
initial
investment
of
$100
bags
12,500
$PEPU.
Read
on
to
find
out
how
Pepe’s
new
Layer
2
token
is
rewarding
its
holders
with
more
than
just
laughs
and
speculative
potential.
You
Already
Know
Pepe,
Now
Meet
Him
Unchained
The
original
Pepe
(ticker:
$PEPE)
is
the
third-biggest
meme
coin
in
crypto
with
a
market
cap
approaching
$5
billion.
Pepe’s
avatar
was
established
about
four
years
before
Bitcoin
dropped
in
2009
and
gave
the
world
crypto.
He
was
originally
a
character
in
the
webcomic
Boy’s
Club,
designed
by
Max
Furie
and
he
was
known
for
his
catchphrase
“feels
good,
man”.
The
anthropomorphic
frog
then
went
on
to
become
the
star
of
memes,
and
even
appeared
in
the
2019–2020
Hong
Kong
protests.
Since
$PEPE’s
launch,
other
tokens
inspired
by
Furie’s
comic
have
dropped
but
none
enjoyed
quite
the
same
success.
Still,
the
capitalization
power
of
the
webcomic
has
attracted
billions
of
dollars.
The
recently
launched
Brett
coin
($BRETT)
corners
$1.5
billion
of
the
market
while
$PEPE
imitator
$PEPECOIN’s
market
cap
approaches
half
a
billion
today.
Clearly,
the
appeal
of
these
viral
coins
lies
in
their
potential
to
blow
sky-high.
If
you
had
bought
$PEPE
one
year
ago
today,
your
stash
would
be
up
1,100%.
$BRETT
holders
that
bought
in
30
days
ago
are
up
nearly
200%.
Meanwhile,
diamond-handed
$PEPECOIN
HODLers
are
up
an
eye-watering
8,861%
from
this
time
last
year.
So
what
sets
$PEPU
apart
from
the
three
Boy’s
Club
stalwarts?
Well,
to
begin
with,
you
don’t
even
need
to
hold
on
for
dear
life
(HODL)
to
take
advantage
of
its
blistering
returns,
thanks
to
a
proprietary
Pepe
Unchained
Ethereum
Layer
2
that
currently
offers
stakers
over
20,000%
APY.
A
Closer
Look
At
$PEPU’s
Layer
2
Capabilities
And
Tokenomics
Pepe
Unchained
presents
the
first
Pepe
token
to
run
on
its
own
proprietary
Ethereum
Layer
2
blockchain.
Ethereum
is
the
most
commercially
important
blockchain
right
now.
This
is
thanks
to
a
giant
community
of
application
developers
and
consumers
who
have
together
made
the
network
the
number
one
blockchain
for
decentralized
finance
(DeFi).
However,
Ethereum
is
not
without
its
problems.
It
can
currently
only
process
about
15
transactions
per
second
(tps)
which
results
in
high
network
congestion
and
larger
transaction
fees.
To
solve
this
bottleneck,
many
Layer
2
protocols
have
been
created.
Layer
2s
sit
on
top
of
the
main
Ethereum
network
and
process
transactions
independently
on
a
side
chain,
before
adding
them
to
the
Layer
1
blockchain
ledger.
Famous
Layer
2s
include
the
Polygon
network,
represented
by
its
native
$MATIC
token,
which
has
a
maximum
recorded
429
tps,
alongside
Arbitrum
($ARB),
which
has
posted
high
speeds
of
598
tps.
Together,
tokens
underlying
Layer
2
protocols
have
amassed
a
market
cap
of
$22
billion.
Now
Pepe
Unchained,
or
$PEPU,
is
the
first
meme
coin
to
utilize
this
technology
to
give
its
holders
a
more
enticing
value
proposition
than
any
standard-issue
meme
coin.
It’s
a
hundred
times
quicker
and
cheaper
to
transact
with
than
Ethereum,
and
thanks
to
the
improved
scalability,
which
offloads
work
from
the
main
chain,
Pepe
Unchained
offers
$PEPU
stakers
far
greater
rewards
than
Layer
1
meme
coin
counterparts.
The
project
arrives
with
a
dedicated
block
explorer
to
see
all
transactions
on
the
Layer
2.
It
also
offers
instant
and
low-cost
bridging
between
Pepe
Unchained
and
Ethereum’s
Layer
1.
According
to
the
project’s
whitepaper,
a
fifth
of
the
supply
of
8
billion
$PEPU
is
allocated
to
the
presale,
with
a
hefty
30%
going
towards
staking.
Another
fifth
is
earmarked
for
the
token’s
marketing,
while
the
remaining
30%
is
split
equally
between
DEX
liquidity,
project
development
and
the
Pepe
Unchained
Layer
2
treasury.
Got
FOMO?
Learn
more
about
Pepe
Unchained
from
the
project’s
official
X
and
Telegram
accounts.
Join
the
Pepe
Unchained
presale
now
over
on
the
official
website.
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