Meme coins are at it again.
And this time, Pepe Unchained (PEPU) is leading the charge.
This new coin has raised over $11 million during its presale phase, and some experts predict its price will explode after it launches on exchanges later this year.
Pepe Chain – The New Layer-2 Solution for Faster Meme Coin Transactions
Pepe Unchained is introducing a new concept: a dedicated blockchain for meme coins.
The project is developing its own Layer-2 solution, “Pepe Chain,” which aims to address common issues in the meme coin space.
One of the primary goals is to reduce the high gas fees associated with buying new meme coins on Ethereum.
Ultimately, Pepe Chain will process transactions more efficiently and at a lower cost than mainstream blockchains.
This setup could make meme coin trading much more accessible.
In addition to the Layer-2 chain, Pepe Unchained’s ecosystem will also feature a staking protocol.
This protocol allows token holders to lock up their PEPU and earn rewards.
Right now, annual yields are estimated at 182%.
So, an investor could hypothetically stake 10,000 PEPU and earn 18,200 tokens in a year.
With returns like that, it’s easy to see why so many investors are excited about PEPU staking.
Plus, it adds another incentive for investors to hold their tokens rather than just selling them.
Pepe Unchained Uses Pepe the Frog Mascot to Supercharge Growth
However, there’s more to Pepe Unchained than just innovative tech.
It’s also tapping into the power of Pepe the Frog – the meme mascot that’s become popular with countless joke tokens.
By featuring this mascot, Pepe Unchained is capitalizing on the cultural relevance associated with Pepe.
That could pay dividends down the line.
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Author: Felix Mollen