Price: $0.38174 -3.2174%
Market Cap: 56.03B 1.8873%
Volume (24h): 24.69B 0.4%
Dominance: 1.8873%
Price: $0.38174 -3.2174%
Market Cap: 56.03B 1.8873%
Volume (24h): 24.69B 0.4%
Dominance: 1.8873% 1.8873%
  • Price: $0.38174 -3.2174%
  • Market Cap: 56.03B 1.8873%
  • Volume (24h): 24.69B 0.4%
  • Dominance: 1.8873% 1.8873%
  • Price: $0.38174 -3.2174%
Home > Information news > Pepe Unchained ICO Surges Past $7.6M, Shows No Signs Of Slowing Down

Pepe Unchained ICO Surges Past $7.6M, Shows No Signs Of Slowing Down

Release: 2024/08/08 17:03 Reading: 469

Original author:Inside Bitcoins

Original source:https://coinmarketcap.com/community/articles/66b481e4bb4c167aac5e5484

Pepe Unchained ICO Surges Past $7.6M, Shows No Signs Of Slowing Down

Pepe Unchained ($PEPU): A Trailblazing Meme Coin on Ethereum Layer 2

Pepe Unchained ($PEPU) has surpassed $7.6 million in presale funds, aiming to reach $8 million before the week's end.

This innovative meme coin has captivated the cryptosphere, generating substantial revenue in just over a month since its presale launch. Investors are drawn to $PEPU for its unique distinctions:

  • It is the first Layer 2 meme coin on Ethereum.
  • Its Layer 2 solution promises to make owning Pepe more affordable and expeditious.

Upon presale conclusion, investors will witness firsthand the transformative potential of Pepe Unchained's Layer 2 solution. Current contributors can purchase $PEPU for $0.00894610, though this will soon adjust to $0.00898190 as the presale enters its final hours.

Pepe Unchained: Poised to Eclipse $PEPECOIN Despite Market Volatility

Despite the recent market turmoil, known as "Black Monday," investors have seized the opportunity for dip-buying, speculating on undervalued assets within the crypto realm. According to Lookonchain, crypto trading firm Cumberland plans a substantial $95 million investment.

On-chain statistics indicate a surge in addresses holding significant Bitcoin reserves amidst the downturn, highlighting a trend of accumulation during bearish conditions.

As a result of dip-buying, the overall crypto market cap has increased by 1% in the past 24 hours. Notably, meme coins have outperformed the market, collectively gaining 4.3% in the same period.

However, Pepe ($PEPE), a former frontrunner in the meme coin rally, has experienced a 4.3% decline. While this dip is surprising, Pepe Unchained has consistently attracted over $1 million weekly in new investor funds, demonstrating its resilience.

Layer 2: The Foundation of Pepe's Future

Pepe Unchained embraces innovation, seeking to transcend the limitations of its predecessors. Previously, high gas fees and slow transaction speeds associated with Ethereum hindered the appeal of Pepe.

Pepe Unchained introduces a groundbreaking Layer 2 solution, operating as an independent blockchain with its consensus mechanism and blockchain explorer. This solution aims to reduce costs and enhance transaction speed, boasting a capacity 100 times greater than Ethereum.

Adopting a Layer 2 approach is crucial for Pepe's efficiency, as high gas fees on Ethereum have been a major concern. Vitalik Buterin's recent roadmap envisions enhanced interoperability through EIP-7683, promoting seamless communication and transactions across Ethereum Layer 2 networks.

For Pepe Unchained, this roadmap offers opportunities for expanded reach and interoperability with other Layer 2 solutions, enhancing its potential for investors.

Join the Pepe Revolution: Presale, Staking, and Security

Secure your $PEPU while it remains in presale. Visit the official website, connect your wallet, and purchase $PEPU using ETH, USDT, BNB, or credit cards.

Unlock the passive income potential by staking your $PEPU tokens, earning an impressive 256% annual percentage yield (APY).

Rest assured that Pepe Unchained's smart contract has undergone rigorous audits by Coinsult and SolidProof, confirming its security and absence of critical vulnerabilities.

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