Pepe Unchained (PEPU) is drawing attention with its recent ICO success.
This frog-themed meme coin project has passed the $3 million mark in less than one month.
As investors pile in, many wonder: Will PEPU explode once it hits exchanges later this year?
Pepe Unchained’s ICO – An Instant Success Story
Pepe Unchained’s ICO has been a significant talking point in the market.
It has now raised over $3 million – with tens of thousands of dollars rolling in daily.
The development team hasn’t set a hard cap for the fundraising, leaving investors wondering how much can be raised.
Currently, investors can buy PEPU tokens for $0.008359 each.
However, this price is only locked in for two more days before it rises, adding a sense of FOMO to the ICO.
Pepe Unchained’s whitepaper lays out plans for exchange listings once the ICO wraps up.
They’re not leaving anything to chance, either.
A whopping 10% of the token supply has been explicitly earmarked for these listings.
It’s a move that could help boost price stability in the post-listing period, which most new meme coins struggle with.
A further 20% of the supply will be used for marketing.
And 30% will be reserved for staking rewards, one of Pepe Unchained’s key selling points.
At the time of writing, annual yields are quoted at 622%.
Frog-Themed Layer-2 Solution is the Heart of Pepe Unchained’s Ambitions
Pepe Unchained’s main feature is its proposed layer-2 network, dubbed the “Pepe Chain.”
But what exactly is this chain, and why should investors care?
In simple terms, layer-2 solutions are built on top of existing blockchains (like Ethereum) to boost speed and lower costs.
Pepe Unchained is twisting this idea
in a meme-style fashion, creating a network designed specifically for meme coins.
The team claims their layer-2 will be 100 times faster than Ethereum.
They’re also promising instant bridging between Ethereum and the Pepe Chain, which could make hopping between the two networks easy.
Adding to this is a dedicated block explorer tracking all those meme trades.
These elements combine to create an ecosystem that’s both playful and powerful.
It’s an ambitious project, no doubt.
However, with over 6,500 people following Pepe Unchained on Twitter, the project has caught the crypto community’s attention.
Whether this interest will translate to success remains to be seen, but it’s giving Pepe Unchained a solid foundation to build.
Will PEPU’s Price Explode After Exchange Listings?
The big question on everyone’s mind is: Can PEPU explode once it hits exchanges?
Things are looking promising in that regard.
Ethereum layer-2 projects have been hot commodities in 2024.
Take Blast (BLAST), for instance.
When it launched in late June, the BLAST token almost overnight rocketed to a $489 million market cap.
While it has cooled off a bit since then, it’s still putting in an impressive $123 million in daily trading volume.
That’s a good omen for PEPU.
Pepe Unchained isn’t just riding on hype, either.
The team has already secured audits from SolidProof and Coinsult, adding a layer of credibility that new meme coins often lack.
Plus, the project’s #2 ranking on CoinSniper.net suggests that investors are taking notice.
So, can all of this lead to a post-listing pump for PEPU?
While nothing is sure about meme coins, popular YouTuber Jacob Bury said PEPU has “10x potential.”
If Bury’s prediction proves accurate, Pepe Unchained might be one to watch in the latter half of 2024.
Visit Pepe Unchained ICO
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