As some top meme coins outperform the market, interest has been on a new contender: Pepe Unchained.
The project is a spin-off from the popular “Pepe” meme coin but with more utility.
Pepe Unchained has been gaining massive traction, and it is easy to see why.
The Pepe Unchained presale is in progress, raising over $8.6 million.
Investors Go All In For Viral Pepe Unchained Presale
At this stage of the crowdfund, each PEPU is changing hands for just $0.0090539.
More analysts are convinced Pepe Unchained is here to stay, not just another project that will fade in a year or two.
Its developers are determined to shake up the traditional meme coin model and create a scalable, low-fee platform for these tokens.
They are innovating and looking to build an Ethereum layer-2 platform for meme coins, addressing some of the most pressing issues plaguing the industry.
The high fees in Ethereum explain the mass migration of meme coin projects to Solana.
However, Pepe Unchained is tackling this head-on and launching a practical solution for all enthusiasts.
Additionally, for what Pepe Unchained brings to the table, some analysts think PEPU, the native token, will easily fly 100X on launch. The Pepe Unchained presale, which has pulled in millions of dollars, points to what lies ahead.
Beyond the optimism, the platform also offers a staggering 226% APY for stakers. This lucrative incentive explains why over 707 million PEPU have been staked before the DEX listing.
Meme Coins Are Here To Stay–Here’s Why
No one knows how a crypto project will perform until it hits the market.
When Dogecoin first launched, no one knew it would be a top 10 crypto asset, even outliving “serious” projects like Iota.
The same is now seen in meme coins. As of mid-August 2024, the total market cap for meme coins was around $40 billion.
Dogecoin, Shiba Inu, and Pepe top the list as the most valuable, commanding billions in market cap.
You can love or hate meme coins, but since 2023, they have been a permanent fixture in crypto. If anything, one in even six new crypto investors considers meme coins like PEPE an indispensable, must-have token in their portfolios.
It may be easy to dismiss them as a fad, but meme coins are driven by solid fundamentals.
Many think meme coins are the purest form of the crypto promise–democratizing finance in a simple way without all the tech talk involved.
Their simplicity levels the playing field, allowing anyone to launch a token and name it whatever they want. This is seen in how diverse and “colorful” meme coin names are.
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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
