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Pepe Unchained raises $13M in a high ICO, aiming to sort out Ethereum’s sluggish speeds and excessive charges with a memecoin Layer-2.
One of many greatest ICOs of the 12 months, Pepe Unchained (PEPU), has hit a brand new milestone by elevating $13 million.
Pepe Unchained desires to repair the issues that Ethereum-based tokens typically have with sluggish processing instances and excessive gasoline charges by making a memecoin with its personal Layer-2 answer.
Early patrons have a limited-time alternative to seize PEPU for simply $0.009651 at press time – the subsequent worth improve might be in lower than 12 hours.
How Pepe Unchained is fixing Ethereum’s scalability subject
Pepe Unchained’s ‘Pepe Chain’ is a brand new Layer-2 answer constructed on Ethereum to resolve its pace and price issues.
It’s a widely known undeniable fact that Ethereum is comparatively sluggish and costly as a result of it solely handles 15-20 transactions per second.
It is a main ache level, particularly when the community will get busier. The Pepe Chain goals to make transactions as much as 100x quicker and less expensive.
Since it’s constructed on Ethereum, it will likely be doable to realize this whereas nonetheless working with Ethereum’s ecosystem.
That is nice information for memecoin lovers as Pepe Chain fixes Ethereum’s issues whereas making memecoins extra sensible and enjoyable.
It helps memecoins remedy real-world issues with out shedding their playful spirit.
As well as, the platform’s “prompt bridging” characteristic lets customers rapidly switch property between networks.
It additionally has a devoted block explorer that enables customers to trace transactions simply, one thing that no meme coin has completely pulled off but.
Thus, many individuals within the Pepe Unchained Telegram group suppose that Pepe Chain might redefine the DeFi ecosystem if the builders could make it work.
Early PEPU patrons can get a 155% APY on staking
The platform has already made it evident that it isn’t nearly quicker transactions. It desires to reward early supporters by providing them a “double staking” characteristic.
On the time of writing, early patrons can capitalize on a excessive APY of round 155%. It’s price noting that this APY will preserve lowering as extra traders enter the staking pool.
With over 1 billion PEPU tokens already staked up to now, early investor belief and confidence on this memecoin is kind of evident.
That is particularly spectacular as a result of it reached this milestone even earlier than formally launching.
Furthermore, such a excessive APY will encourage traders to carry PEPU longer because the staking rewards might be distributed over 2 years.
The memecoin’s mascot is the favored Pepe Frog, which has helped the token create relatability and join with traders.
Consequently, it has already attracted over 13.8K followers on its X (previously Twitter) account.
Ultimate probability to purchase PEPU earlier than DEX listings
Pepe Unchained is already going viral within the memecoin group, having raised $13m, and is displaying no indicators of slowing down.
Investor pleasure has peaked as many count on the memecoin to blow up in its upcoming DEX launch.
Many widespread analysts and YouTubers, like Zach Humphries, have highlighted the venture’s potential as a promising Pepe different.
It’s price mentioning that Pepe Chain must take care of powerful competitors within the Layer-2 area as a result of networks like Base and Blast have gotten fairly widespread in 2024.
There’s sufficient room for brand spanking new initiatives on this rising market, which has $34B+ in complete worth locked (TVL).
Pepe Unchained is the primary Layer-2 answer made only for memecoins, which might give it an edge over different platforms.
Because the native token of this community, PEPU might see elevated demand as extra individuals use it.
Early patrons nonetheless have an opportunity to purchase PEPU for a presale worth. traders can get every token for simply $0.009651 at press time.
Nevertheless, this worth will possible surge in lower than 12 hours within the upcoming presale spherical. The platform helps you to purchase PEPU with ETH, USDT, BNB, or a credit score or debit card.
Platforms like Coinsult and SolidProof have audited the token’s sensible contract, and no main defaults or issues have been noticed.
For extra data, go to the Pepe Unchained presale web site.
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