Ethereum

Pepe

<a href="https://insidebitcoins.com/visit/pepeunchained" rel="nofollow">Pepe Unchained ($PEPU)</a> has now amassed more than $7.6 million in presale funds and is on track to hit $8 million before the end of the week.   
This new meme coin has really wowed the crypto world, pulling in big bucks in just over a month since its presale launch.   
Investors are drawn to $PEPU for two main reasons: it’s the first meme coin Layer 2 on Ethereum, and the fact that this Layer 2 will make owning a Pepe cheaper and faster.   
Once the presale concludes, investors will get to experience the game-changing potential of Pepe Unchained’s Layer 2 firsthand.   
Those who want to contribute to the project at this stage can purchase $PEPU for just $0.00894610, but this will soon change to $0.00898190 as Pepe Unchained wraps up another presale round in less than 48 hours.   
<h2 id="h-pepecoin-has-failed-to-record-gains-despite-the-market-bouncing-back-is-pepe-unchained-about-to-take-over" class="wp-block-heading">$PEPECOIN Has Failed To Post Gains Despite The Market Rebound – Is Pepe Unchained Poised To Take Over?</h2>   
The recent market turmoil, which is now being called “Black Monday”, triggered dip-buying mode, with many firms and investors capitalizing on the reduced prices of assets in the crypto market. Crypto trading firm Cumberland appears to be <a href="https://x.com/lookonchain/status/1821070077820858840">planning a massive $95 million splurge</a>, according to Lookonchain.&nbsp;   
Meanwhile, on-chain data shows that addresses holding between 100 and 1,000 BTC have noticeably bumped up their holdings recently amid the downturn, a trend highlighted by analyst Sunnydecree on X.   
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdwtT3lyTSlnMBnr3eiaXoBrhXf9FY3MYXMLPim29_EIm1QlH1ZVrv82sFN4VI1fuIkuPbFiMfsBh6sriuWUgGiCRZiBv8qDX6xV-Os_o1VUOwICwRYhWcKSb8furun0vh2ijpkVJtxKgECevGr8-C3qGU?key=g1rOiTjJNVcmSj4hYr7lHg" alt="">
</figure>   
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
 <div class="wp-block-embed__wrapper">
 <span style="background-color: var(--bs-body-bg); color: var(--bs-body-color); font-family: var(--bs-body-font-family); font-size: var(--bs-body-font-size); font-weight: var(--bs-body-font-weight); text-align: var(--bs-body-text-align);">As a result of the dip-buying, the total market cap of all cryptocurrencies has risen by 1% in the past 24 hours. On the other hand, meme coins tripled their collective return, surging 4.3% in the same timeframe.
 </div> 
</figure>   
However, one of the leaders in this year’s meme coin rally, Pepe ($PEPE), has recorded a 4.3% drop.   
This is quite a shock, as the coin that saw up to an 1,800% price appreciation in the first half of 2024 has failed to gain bullish traction despite the overall optimism in its sector. In other words, $PEPE could have easily quadrupled its sector’s returns had it been earlier in the year – but that’s no longer the case.   
While this could be interpreted in many ways, one thing is sure: despite all these events, <a href="https://insidebitcoins.com/visit/pepeunchained" rel="nofollow">Pepe Unchained</a> has consistently pulled in at least $1 million each week in new investor funds and shows no signs of slowing down.   
<h2 id="h-pepe-s-future-is-firmly-rooted-in-layer-2" class="wp-block-heading">Pepe’s Destiny Is Firmly Rooted In Layer 2</h2>   
Pepe Unchained is all about evolution, breaking free from the barriers that have held its predecessors back. For a long time, owning $PEPU’s earlier versions meant dealing with high gas fees and slow transaction speeds, i.e. “Ethereum’s chains”.   
Pepe Unchained is set to change the game with its Layer 2 solution, operating as its own blockchain, complete with its consensus mechanism and blockchain explorer. This new chain is geared towards lowering costs and speeding up transactions – even offering a volume capacity 100 times than that of Ethereum.   
Taking the Layer 2 route is the only way forward for Pepe for transactional efficiency, especially since its predecessors’ Ethereum shackles were a major factor in driving gas prices to a 12-month high earlier this year.   
Moreover, the future of Layer 2 solutions is evolving in ways that will greatly benefit Pepe Unchained. Vitalik Buterin recently showcased a roadmap for improved interoperability through EIP-7683. This upgrade aims to standardize communication and trades across different Ethereum Layer 2 networks, making it easier to exchange assets between them.   
For Pepe Unchained, this could mean enhanced interoperability across all Ethereum Layer 2 solutions, potentially expanding $PEPU’s reach. As an independent blockchain, Pepe Unchained can launch new meme coins and tokens, which, through these new upgrades, will become more accessible across various Layer 2 solutions, enhancing opportunities for investors.   
This is why Zach Humphries, with 149,000 subscribers on YouTube, has high expectations for <a href="https://insidebitcoins.com/visit/pepeunchained" rel="nofollow">Pepe Unchained</a>.    
<iframe title="PEPE COIN HOLDERS: PEPE UNCHAINED COULD BE BIG!" width="640" height="360" src="https://www.youtube.com/embed/WDvjJXqMpEg?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe> 
Take advantage of owning $PEPU while it’s still in presale. Visit the official <a href="https://insidebitcoins.com/visit/pepeunchained" rel="nofollow">website</a>, connect your wallet, and purchase $PEPU using ETH, USDT, or BNB. Credit cards are also accepted.   
Once you buy your tokens, you can stake them immediately and earn passive income with an impressive annual percentage yield (APY) of 256%.   
Rest assured, Pepe Unchained’s smart contract has passed a thorough audit by <a href="https://coinsult.net/projects/pepe-unchained/">Coinsult</a> and <a href="https://pepeunchained.com/assets/documents/audit.pdf">SolidProof</a>, with zero critical issues.   
Buy $<a href="https://insidebitcoins.com/visit/pepeunchained" rel="nofollow">PEPU</a> today.

Pepe Unchained ICO Surges Past $7.6M, Shows No Signs Of Slowing Down

Table of Contents

Inside Bitcoins

Other articles published on Aug 8, 2024

Crypto Market Crashes: Bitcoin Falls 16% and Ethereum Plunges 22% Amid $1B Liquidations

Nomad Bridge hacker moves 14,500 Ethereum ($35.2M) to Tornado Cash

Ethereum On The Move: Dormant ETH Wallets Linked To $4 Billion Scam Awaken

Ten Lesser Known Economic Principles Hidden Within RAIN Coin

XRP Outshines Bitcoin, Ethereum To Become Biggest Daily Gainer After Judge Imposes $125M Penalty,...

Gate.io CEO Dr. Han Lin at ABS2024: We Are Still at the Dawn of a Revolutionary Era

Join our free newsletter for daily crypto updates!