New layer-2 memecoin launches presale

Pepe Unchained plans a Layer 2 blockchain on Ethereum. Its presale offers double staking rewards, already raising over $230K.

A trending new memecoin that’s been making huge waves in the crypto space in the last few days is Pepe Unchained ($PEPU). It’s a unique Pepe-themed coin with plans to build its own Layer 2 blockchain on Ethereum.

The platform recently launched a presale for its native $PEPU tokens. Early buyers can get double staking rewards during the presale. 

Generating immediate investor interest, the Pepe Unchained presale has already raised over $230,000 shortly after launching.

New memecoin with faster transactions, lower fees than Ethereum

Pepe Unchained is a new memecoin that wants to retain the fun of memes while offering real utility. Instead of just using other blockchains, it’s creating its own blockchain to offer a “layer-2” solution. This new blockchain is designed to work alongside Ethereum but be much faster.

Think of Pepe Unchained’s blockchain as an express lane on a highway aiming to process transactions much quicker than Ethereum.

Many developers think it could be 100 times faster. This is a massive goal; if they achieve it, it could change how people see memecoins. Many people are excited about a next-gen memecoin that can actually be used for transactions.

The Pepe Unchained platform uses its own native token called $PEPU. You’ll be able to use this token on both Ethereum and the new Pepe Chain. This flexibility could make it more useful than typical memecoins.

The project has already started to show early signs of going viral on social media. The Pepe Unchained Telegram channel gained over 2,000 members relatively quickly, and its X (formerly Twitter) handle is also witnessing high user traction.

Presale raises $230K and offers high staking rewards

Pepe Unchained is still in its early stages, and it’s too early to predict its long-term success. However, early investor response in the ongoing presale has been quite impressive.

It raised over $230,000 from investors in less than a week of its official launch. That’s a positive sign for a project based on a frog meme that hasn’t even gone viral on social media yet.

You can buy $PEPU tokens using other cryptos like ETH, BNB, USDT, or even with a credit or debit card. The really exciting part is their staking program. You can earn double the staking rewards if you buy PEPU tokens in the presale.

The platform offers an over 17,000% APY on staking at press time. However, it’s worth noting that this rate will decrease as more people join the staking pool.

Pepe Unchained has a supply cap of 8 billion PEPU tokens. It has set aside almost a third of its supply (30%) for staking rewards. The remaining tokens are reserved for presale, marketing, and liquidity.

How Pepe unchained can redefine memecoins

Many new Pepe-themed coins have popped up since the original PEPE coin exploded in May 2023. However, none of these new coins have been as successful as the original.

Pepe Unchained aims to be different than just a Pepe-themed coin. Instead of creating another coin with PEPE’s picture, the platform is building its own blockchain. This can open up new possibilities of growth and utility for the memecoin.
For instance, they could create meme NFTs or build decentralized finance (DeFi) protocols around popular meme characters. The platform also has a clear plan and a roadmap for the future, as outlined in the Pepe Unchained whitepaper.

If the project can execute its goal successfully– its layer-2 network can become a hub for meme-based tokens to launch.

It’s worth noting that the platform’s code has been audited and it has received a clean report from SolidProof.

For more information, visit the Pepe Unchained presale website.