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Frog meme coins are back in the spotlight, with tokens similar to Pepe outperforming most crypto assets over the past few days.
Some experts now believe they have found the best Pepe alternative in Pepe Unchained (PEPU). In fact, the new meme coin has so far had impressive returns in its pre-sale, raising over $4 million in its crypto ICO.
The strong pre-sale performance has savvy investors bullish on the coin’s upside potential, with some even calling it one of the best meme coins to buy right now.
Why is Pepe Unchained so popular?
As previously mentioned, frog-themed meme coins are dominating the current cryptocurrency rally. Pepe Coin, for example, is up about 22% in the past week, according to data from CoinGecko.
What's notable is that a growing number of experts believe that PEPE could potentially overthrow the Shiba Inu by the end of this year.
$Pepe Will flip $SHIB This cycle.
— Jake (@JakeGagain) July 17, 2024
Likewise, experts are bullish on other frog-themed tokens. Popular crypto trader Bluntz (@Bluntz_Capital) recently claimed that the PLONKE price chart is showing a strong bullish structure, which could potentially lead to a 100x increase.
Now Pepe Unchained has entered the fray and is bringing a revolutionary change that sets it apart from the rest. The project is set to launch its own Layer-2 blockchain, which aims to offer low transaction costs, fast transactions, and high staking rewards.
In fact, this move could have a significant impact on the token’s post-launch price potential. Most Pepe imitators, such as PeiPei, PepeCoin, and PepeFork, are Ethereum meme coins that require high transaction fees, especially on DEXs.
This strongly discourages retail investment, resulting in pump and dump price action. Pepe Unchained’s layer 2 chain solves this problem. Low transaction fees and high staking rewards could be very popular with both smart money traders and retailers, which was already evident in the pre-sale.
In fact, the Pepe Unchained staking pool currently offers a rewards rate of over 400%, which is much higher than the industry standard of 5-7%.
Is PEPU the best meme coin to buy right now?
Pepe Unchained has already attracted investors’ attention with its own Layer-2 blockchain, which is a rare move in the meme coin space. It’s no wonder that PEPU raised over $4 million in its pre-sale in just a few weeks.
However, some analysts believe this is just the beginning for the token. Popular crypto influencers such as Jacob Bury are bullish on its upside potential, believing that returns of 10x to 100x could be possible.
As mentioned earlier, some experts call PEPU one of the best meme coins to buy right now.
There are several reasons for optimism. Thanks to its layer 2 blockchain and high staking rewards, PEPU could attract significant retail investment after launch. This could be a game changer, as Pepe Unchained is likely to launch in August, and probably during a major bull market.
So, with a spot Ethereum ETF expected to launch next week, this could give Pepe Coin and other frog-themed tokens a huge boost due to their strong correlation with ETH.
Considering that PEPU is quickly gaining a reputation as the best PEPE alternative, the aforementioned 100x return is not out of the question.
Interested buyers can visit the Pepe Unchained website and purchase tokens through the OTC widget. It is also recommended to stake your holdings for maximum returns.
Follow the project's X and Telegram accounts for the latest updates.
Visit Pepe Unchained Pre-Sale
Disclaimer: This article is provided for informational purposes only. It is not provided or intended to be legal, tax, investment, financial or other advice.
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