Layer-2 Meme Coin Pepe Unchained Raises $10M in Presale Event
Berlin, Germany, August 23rd, 2024, Chainwire
Pepe Unchained (PEPU), a new meme coin project, has raised over $10 million during its presale event.
The project, which is developing a Layer-2 solution on the Ethereum blockchain, has reported significant funding and community interest by promising faster transactions, reduced fees, and staking rewards.
Pepe Unchained Passes $10M Presale Milestone Ahead of Planned DEX Listing
The presale allows early investors to buy the native PEPU token before its public listing. At the time of issuing this PR, PEPU tokens are priced at $0.0092634 each. The presale is has several pricing tiers and tranches with inherent subsequent token price increases as the presale progresses through various stages.
Users can participate in the Pepe Unchained presale using ETH, USDT, BNB, or a credit/debit card, and the only prerequisite is a crypto wallet like MetaMask.
According to Pepe Unchained’s whitepaper, the developers have allocated 20% of the total 8 billion PEPU supply to the presale. There’s no firm date for when the presale will conclude, although the developers do intend to list PEPU on a DEX once it does.
The project team set aside an additional 10% of the PEPU supply for initial DEX liquidity.
Users can stay up to date on the latest Pepe Unchained announcements by joining the project’s Telegram channel.
Pepe Unchained Developing New Layer-2 Network with Staking Rewards
Pepe Unchained’s team is developing a new Layer-2 network, the “Pepe Chain,” targeted solely at meme coin creators and traders.
This network aims to outperform Ethereum with faster speeds, lower fees, and increased transaction capacity. It will also maintain compatibility with the Ethereum ecosystem itself.
The Pepe Chain integrates with PEPU’s staking protocol, which offers passive yields to users who lock up their tokens.
Staking rewards will be paid out over two years and become claimable once PEPU goes live on exchanges. This combination of Layer-2 technology and staking has drawn attention in the crypto community.
Recently, YouTube personality Zach Humphries released a video on PEPU, where he praised the project, noting the development team’s strategy of mixing meme coin elements with practical utility.
About Pepe Unchained
Pepe Unchained is a cryptocurrency project that combines meme coin elements with Layer-2 technology on the Ethereum blockchain. Through its Pepe Chain network, the project aims to offer faster transactions and lower fees, while also providing a staking program for PEPU holders.
Prospective users can visit the Pepe Unchained presale here.
Pepe unchained is the source of this content. This Press Release is for informational purposes only, as crypto and memecoins can be volatile assets. The information does not constitute investment advice or an offer to invest.
