Pepe Unchained Roars Past $3 Million In Presale As Interest In $PEPE Wanes

Pepe Unchained: The Upgraded Alternative to $PEPE

Since its presale launch less than a month ago, Pepe Unchained ($PEPU) has already exceeded the $3 million milestone, attracting significant investments weekly. With an average of $1 million in new funds weekly, this meme coin could double its inflows in the coming weeks, as early contributors anticipate it surpassing its predecessor, Pepe ($PEPE).

$PEPE emerged as a standout among meme coins this year, leading the rally with a 1,235% return for early investors. However, Pepe Unchained has the potential to match and surpass $PEPE's success. It boasts faster and cheaper transactions thanks to its own Layer 2 chain on Ethereum.

The current presale price for $PEPU is $0.0083591, which will increase to $0.00839260 in less than two days.

Declining Interest in $PEPE

While the broader cryptocurrency market shows signs of recovery, the meme coin sector has mixed fortunes. Some meme coins have rebounded, but $PEPE has faced a 46% decline from its all-time high and lost 26.8% in the past two weeks.

Coinalyze data indicates a dip in its open interest, suggesting waning interest in futures contracts. Negative funding rates since mid-June further paint a bearish picture, with short positions paying for long positions.

Why $PEPU is Outperforming

Amidst $PEPE's struggles, $PEPU is performing exceptionally well in its presale. Investors are bidding farewell to the outdated and welcoming the upgraded alternative.

Pepe Unchained: A Superior Choice

$PEPE's limitations on Ethereum, such as slow and expensive transactions, have become apparent. Pepe Unchained addresses these issues with its own Layer 2 chain, allowing for more transactions at lower costs.

Additionally, Pepe Unchained's new chain can facilitate a new economy involving NFTs, DeFi, GameFi, and AI.

High Staking Yield and Growing Investor Confidence

Interest in trading $PEPE has declined, but the opposite is true for $PEPU. Investors have locked 27 million $PEPU tokens into staking, raising its value by approximately $225,000. This has led to a slight decrease in APY to 616%, still yielding about 51% monthly returns.

Prominent YouTube influencer Jacob Crypto Bury has suggested that Pepe Unchained has the potential to be a 100x gem.

Interested investors can join the presale through the Pepe Unchained website. Only 1.6 billion tokens are available, and the upcoming phase will sell approximately 400 million tokens.

Pepe Unchained's smart contract has undergone two audits by Coinsult and SolidProof, ensuring its integrity.

With the market signaling a shift, investors are embracing Pepe Unchained as the superior choice to $PEPE.