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Now, a new competitor has emerged in the meme coin space, one that has already impressed savvy investors with its strong pre-sale performance.
Pepe Unchained (PEPU) has captured the ever-growing demand for new meme coins by raising over $5 million in just a few weeks through its ongoing ICO.
The impressive fundraising has led some experts to call PEPU one of the next 100x meme coins.
https://www.youtube.com/watch?v=6hgE3g69CP0
Frog Meme Token Surges in Popularity Ahead of Crypto Surge
Meme coins are facing the highest demand of all cryptocurrencies during this bull cycle. There is a growing consensus that tokens like Pepe, Dogwifhat, and Floki will outperform most other cryptocurrencies this year.
Analysts are particularly bullish on Pepe because of its strong correlation with the Ethereum price. With the current launch of a spot Ethereum ETF that is outperforming expectations, the price of ETH could surge and so could PEPE.
In fact, experts believe the Pepe coin could hit new highs by August and overtake the Shiba Inu by the end of the year.
They also don’t underestimate Pepe clones and frog-themed tokens. For example, PeiPei (also known as Chinese Pepe) is currently the second most visited cryptocurrency on CoinMarketCap, after Bitcoin.
It also grew by about 220% compared to Bitcoin's 8% and Pepe's 21% growth over the past month.
Some influential crypto influencers believe that Pepe Unchained could be the next frog-themed meme coin that follows in the footsteps of PEPE and PeiPei.
Pepe Unchained – The Next 100x Meme Coin?
As demand for frog meme coins grew, Pepe Unchained came up with an innovative concept that sought to differentiate itself from the usual, non-utilitarian tokens.
The project will launch its own layer 2 blockchain, which will be fully compatible with Ethereum but will have significant advantages of its own.
Ethereum meme coins often require high transaction fees due to blockchain congestion. This is especially true for new ERC-20 tokens that have not yet been released on centralized exchanges. As a result, most of these meme coins receive little retail investment and end up as pump and dump scams.
However, Pepe Unchained’s Layer-2 blockchain means PEPU holders can enjoy lower transaction costs, faster transactions, and higher staking rewards. PEPU is already seeing impressive retail participation, as evidenced by its pre-sale.
In fact, this new meme coin is being compared to Brett, the top meme coin on Base. Base Chain (Coinbase’s Layer-2 venture) also offers low transaction fees and Ethereum compatibility. Unsurprisingly, Brett has hit a market cap of $1.3 billion in less than five months.
Likewise, the Pepe Unchained staking protocol is already offering attractive passive income in its pre-sale, with a current APY of over 360%.
High staking rewards also reduce the selling pressure on meme coins, as seen in the case of Floki. To further eliminate security concerns, the PEPU smart contract has been audited by Solid Proof and Coinsult.
With features like a frog-themed persona, strong initial demand, and high rewards, it’s no wonder experts are calling Pepe Unchained the next 100x meme coin.
It’s not just crypto influencers and pundits who are impressed by the upside potential. Popular crypto publications like Techopedia, Binance Square, and CoinMarketCap have also covered the strong pre-sale performance.
How to buy PEPU in pre-sale?
Pepe Unchained pre-sales are selling out fast, and those who get there late are more expensive. For example, the current pre-sale phase is scheduled to end on July 26th, after which the PEPU price will increase.
Additionally, staking rewards for meme coins are expected to decrease over time.
Interested buyers don’t have to waste time. They can exchange ETH, BNB or USDT or buy meme coins using a bank card. The OTC widget on the Pepe Unchained website makes the process simple.
Investors are also encouraged to follow PEPU X and Telegram accounts for the latest updates.
Visit Pepe Unchained Pre-Sale
Disclaimer: This is a sponsored article and is provided for informational purposes only. It does not reflect the views of Crypto Daily and is not intended to be used as legal, tax, investment or financial advice.
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