If we do enter a new rally, thereās a good chance that meme coin presales could also see benefits, especially because of Elon Muskās preference toward $DOGE and historical meme gains after the elections.
Donald Trumpās presidential victory has already prompted a 7.2% increase in BTC value according to CoinGecko, but this could just be the beginning.
Pepe Unchained is among these new coins and it shows potential for gains if the current momentum continues and if it performs well after its launch, just as it did during the presale.
So far, $PEPU has raised $25 million in its initial coin offering, with further milestones likely on the horizon.
Below, weāll break down how this coin works and what we can expect.
š¶Pepe Unchained Reaches $25M in Presale ā What Could This Mean for Investors?
Pepe Unchained ($PEPU) has just hit a $25 million milestone in its presale, and it reached this point faster than expected.
Itās possible that this could be just the beginning, as the tokenās staking options and structured tokenomics might set the stage for further growth down the line.
The presaleās success has drawn attention from a wide pool of investors, with millions raised to support Pepe Unchainedās layer 2 blockchain. Getting involved is relatively straightforward ā investors can buy tokens directly from the Pepe Unchained website using ETH, BNB, USDT, or even a bank card.
One highlight is the staking feature available via the Pepe Unchained dashboard. The current annual percentage yield (APY) is around 95%, and this rate may decrease as more participants join.
As for token allocation, about 30% of the supply is for staking rewards, 20% each for presale and marketing, with the remaining portion dedicated to liquidity, project development, and maintaining the blockchain.
WithDogecoin and meme coins surging after Trumpās victory, Pepe Unchained is in a good spot to capitalize on the growing hype in the market.
š¶Pepe Unchained Sees Strong Community Support and Crypto Influencer Interest
Pepe Unchained has built a solid following on social media, with over 47,000 Twitter followers, and itās catching crypto influencer attention on YouTube. Even before its official launch, Pepe Unchainedās high APY rate has encouraged staking, with more than 150 million $PEPU tokens already staked.
After the presale, the project plans to list on decentralized exchanges (DEXs), though details on timing and specific platforms are still pending.
Recently, $PEPU achieved second place on CoinSniper.net, a site that ranks upcoming token launches, which has further fueled interest.
Crypto influencers, including YouTubers like Jacob Bury, have started to weigh in and he is predicting potential gains for $PEPU. This growing community support and influencer backing suggest that Pepe Unchained may have solid momentum as it moves toward launch.
š¶Pepe Unchained Building āPepe Chainā to Overcome Scalability and Transaction Challenges
Pepe Unchained is working on a new Layer-2 solution called the āPepe Chain,ā which is designed to address the scalability limitations that have impacted the original $PEPE token.
Ethereum, though the second-largest blockchain, has its own set of constraints, processing roughly 15 transactions per secondāan issue that slows down trading and drives up fees for meme coins like $PEPE.
With the Pepe Chain, this project may offer faster and more affordable transactions than Ethereum currently allows. By lowering fees and speeding up processing times, $PEPU seeks to make itself a more efficient option for investors who value quicker, more cost-effective transactions.
The Pepe Chain is designed to reduce network congestion, so users can respond swiftly to market movements and transfer assets smoothly between Ethereum and Pepe Chain.
Pepe Unchained is proving that meme coins can tackle meaningful blockchain challenges while keeping things engaging and approachable. With faster, cheaper transactions, it could even provide some competition for more established tokens.
Pepe Unchained has also introduced a new initiative, āPepe Frens with Benefits,ā a grant program designed to encourage community members to build applications on its Layer-2 network. Grants will open in Q4 of 2024, presenting an exciting chance for developers to contribute to the expanding $PEPU ecosystem.