The pre-sale of a new meme coin featuring Pepe the Frog has already raised $15.3 million. Pepe Unchained (PEPU), a token with its own Layer 2 blockchain, launched this summer and has quickly amassed a fan base.
Interest in the project remains high because Pepe Unchained is an improved version of Pepe. It allows investors to take advantage of large staking rewards as well as lower fees. Additionally, PEPU transaction speeds are 100 times faster than its leading ERC-20 meme competitors.
The team also shared an updated ecosystem roadmap on their social media this month, with plans to create a second-tier decentralized exchange for low-cost swaps between #PEPU and supported tokens.
A fund called the #Pepe Foundation will also be launched to help fund new cryptocurrencies and applications developed on top of the Pepe Unchained network.
Analysts predict that after the token hits the cryptocurrency exchanges, it will increase in price several times. Given the current price of PEPU, an investment of $100 can bring more than 10,000 tokens. PEPU is a new useful meme on the market
The original Pepe (ticker: PEPE) is the third-largest meme coin on the market with a market cap of $3.5 billion.
Pepe was originally a character in the Boy's Club comic strip created by Max Fury. The frog then became a meme star.
Later, another character came into the world of cryptocurrencies - Boy's Club Brett (BRETT). This memecoin has also achieved impressive results, its market capitalization is almost $ 1 billion. It is obvious that meme altcoins are not just jokes, but a significant part of the crypto market.
So what sets PEPU apart from its Boy’s Club predecessors? Traditional memecoins lack utility. Their success is fueled by speculation and wild price swings, so these tokens don’t last long in investors’ portfolios.
