Pepe

Million

<a href="https://insidebitcoins.com/visit/pepeunchained" rel="nofollow">Pepe Unchained ($PEPU)</a> has smashed past $9 million in funds raised in its blistering new presale, only six days after hitting $8 million.&nbsp;   
Week-on-week, investors have been flocking into the new Pepe token, which runs on its own proprietary Layer 2 chain on Ethereum.   
Between the presale’s rapid $8 million and $9 million milestones, one mysterious whale recently put $3.13 million on Pepe ($PEPE) during the dip, splitting it into two transactions.   
In a parallel development this week, there was a bustling surge of activity around Ethereum Layer 2 solutions.&nbsp;   
Coinbase’s proprietary Base chain hit 3.6 million transactions on Monday. On Tuesday, all Layer 2 protocols collectively handled 12.44 million transactions. This demonstrates the clear growing use of scaling solutions.   
Timely Pepe fever, alongside the burgeoning Layer 2 activity, are causing several prominent Web3 influencers to buy and tout $PEPU, including Austin Hilton with 273,000 subscribers.&nbsp;     
<iframe title="PEPE UNCHAINED! THIS IS COMPLETELY NEW FOR PEPE!" width="640" height="360" src="https://www.youtube.com/embed/nqZ_hlxnu34?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>   
Ongoing Pepe fever is likely to propel Pepe Unchained to $10 million right before the second-month anniversary of its presale after the weekend.   
Those who buy in now get $PEPU at $0.00909010, the lowest remaining price for the remainder of its presale.&nbsp;   
<h2 id="h-pepe-once-a-prisoner-now-unchained" class="wp-block-heading">Pepe: Previously Imprisoned, Now Unchained</h2>   
Meme coin fans love $PEPU for its staking rewards of over 218% APY, alongside lower fees and 100x faster speeds for anyone transacting with $PEPU compared to leading ERC-20 meme coin competitors.&nbsp;   
The token’s likely listing on exchanges after the ICO could attract rivers of new funds, so for those who are curious, there may never be a better time to buy in. An initial investment of $100 bags just over $11,000 $PEPU tokens.&nbsp;   
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcYpnA-MBC8X5XIJvvrwIc7CkEzl7UO23AfYaxW-xN8y5LEb0e-gT3AskkGji6-OxV0f0W02e3ICfxM97NozcPoiaxYSdye-c6emKU5c0uChPsvTCkXcdEqDtohTmUvzBLdtpqeaxH92efrCRXjHG5uNZiR?key=y52sbZ_0jfFBDwhc0d03Eg" alt="">
</figure>   
The original Pepe (ticker: $PEPE) is the <a href="https://www.coingecko.com/en/categories/meme-token">third-biggest meme coin</a> in crypto with a market cap of $3 billion.&nbsp;   
The world first saw the Pepe meme four years before Bitcoin introduced the world to cryptocurrencies in 2009. Known by his catchphrase “feels good, man”, Pepe started life as a global phenomenon in Max Furie’s noughties webcomic Boy’s Club.&nbsp;   
He then became a strong symbol in the 2019–2020 Hong Kong protests, the largest protests in the history of the country.&nbsp;   
Since $PEPE dropped, he has inspired many tokens but none have enjoyed quite the same success because they were all low-utility meme coins that brought nothing new to the table.   
That was until Pepe freed himself from the low speeds and high transaction costs of Ethereum.   
<h2 id="h-the-finer-details-pepu-s-layer-2-broken-down" class="wp-block-heading">Inside $PEPU’s Layer 2</h2>   
<a href="https://insidebitcoins.com/visit/pepeunchained" rel="nofollow">Pepe Unchained</a> presents the first Pepe token to run on its own proprietary Ethereum Layer 2 blockchain.&nbsp;   
Ethereum is Bitcoin’s number one contender, thanks to its high-functionality smart contracts. It is the blockchain network with the most commercial activity right now, housing a community of app developers and consumers who have together made an unbeatable range of applications for financial services, gaming, and commerce.&nbsp;   
However, Ethereum’s first layer can currently only process about 15 transactions per second (tps) which results in high congestion and larger transaction fees.&nbsp;   
To solve this bottleneck, many Layer 2 protocols have been created. Layer 2s sit on top of the main Ethereum network and process transactions independently on a side chain, before adding them to the Layer 1 blockchain ledger.&nbsp;   
<a href="https://insidebitcoins.com/visit/pepeunchained" rel="nofollow">Pepe Unchained</a>, or $PEPU, is the first Pepe token to sit on its own proprietary Layer 2, tapping the benefits of enhanced speeds to make a meme coin a hundred times quicker and cheaper to transact with than Ethereum.   
The project arrives with a dedicated block explorer to see all transactions on the Layer 2. It also offers instant and low-cost bridging between Pepe Unchained and Ethereum’s Layer 1.&nbsp;   
Indeed, what sets Pepe Unchained apart is its ability to deliver the same fun and playful spirit of Pepe ownership – while also offering significant utility and cost-efficiency.&nbsp;   
For meme coin and DeFi investors looking to strengthen their meme coin portfolios, Pepe Unchained is shaping up to be a hot ticket for substantial staking returns and potentially explosive trading once the presale season ends and the token hits the open market.   
Pepe Unchained has been thoroughly audited by<a href="https://coinsult.net/projects/pepe-unchained/"> Coinsult</a> and<a href="https://pepeunchained.com/assets/documents/audit.pdf"> SolidProof</a>, and no critical issues or concerns have been found in its smart contract.   
Join the already towering $9 million dollar $PEPU wave as it rises to set a new watermark for meme coins and Layer 2 protocols.   
Don’t wait – visit the <a href="https://insidebitcoins.com/visit/pepeunchained" rel="nofollow">Pepe Unchained</a> presale website to join today.

Pepe Unchained ($PEPU) Presale Blasts Past $9 Million As $PEPE And Layer 2 Activity Skyrocket

Table of Contents

Inside Bitcoins

Other articles published on Aug 17, 2024

Bullish Bitcoin Pattern Emerges with Price Target Set at $110K Amid Growing Momentum

Spot Solana ETF Filings Have Now Disappeared, Raising Suspicions of Issuer Withdrawal

Most Trending C͏r͏yptocurrencies ͏on Ethe͏reum – The Meme Games, Neiro͏,͏ Gold Stan͏dard, Colon

Bitcoin Miners Struggle as August Profits Plummet Due to Hash Price Drop

Analyst Identifies Two Promising Altcoins

Ethereum Sees Surge in On-Chain Activity as Institutional Investment Soars

Join our free newsletter for daily crypto updates!