$PEPE Drops: Pepe Unchained – The Next $PEPE That Could Make You a Millionaire

It’s summertime, the sun is shining and the birds are singing but unfortunately, it’s frosty conditions for the crypto market.

Surprising no one, Pepe Coin’s ($PEPE) price has fallen by 24% since its launch. Considering June and July have been bad months so far for the crypto market, this isn’t surprising. However, a new presale coin called Pepe Unchained ($PEPU) might also be playing a role in the price decline.

Pepe Unchained presale raises $2.8 million in less than 3 weeks

We will go into much more detail on Pepe Unchained ($PEPU) a little further down. However, we just want to quickly note that the presale of this new meme coin has already raised $2.8 million. Considering the project launched less than three weeks ago these are very impressive figures. The presale also seems to be raising funds at a faster rate now too as word spreads.

Maybe not so coincidentally, the original Pepe Coin (PEPE) has fallen by 24% since its launch. Of course, we have to consider that June and July have been bad months so far for the crypto market and that has definitely had a negative effect on the price of PEPE. We do not think it is completely responsible though and believe it is likely a decent portion of PEPE investors are leaving for this new presale.

I doubt many need a reminder but just in case for those that are unfamiliar, the meme coin market owes a lot of its current success to Pepe Coin. In 2023 the meme coin market looked like it could soon be a thing of the past. Hardly any new projects were being launched and the established coins were rapidly losing value.

Then, Pepe Coin came out of nowhere in May and pumped so much that it made investors millionaires almost overnight. It reached a 24-hour trading volume of $1.69 million and suddenly it was all anyone could talk about. The project represented the crypto dream where you can overnight become rich and we believe that’s what kickstarted the new era of meme coins that we have now.

Of course, this meant there were lots of spin-off Pepe meme coins. We’ve also seen this with Dogecoin (DOGE) and Shiba Inu (SHIB). It is a consequence of their popularity- there will always be imitators trying to get a slice of their action. This is not what Pepe Unchained is, however, it is inspired by Pepe Coin but its aim is to improve on the original rather than copy it.

Pepe Unchained aims to ‘unchain Pepe’s potential’

So, why are we so confident in this project being a success? We think the coin’s slogan sums it up best: “Pepe was a prisoner, chained to his old, clunky Layer ONE server room. Until…” Until what? Until Pepe was unchained. No longer confined to the restrictions of a layer-1 network, Pepe Unchained has its own blockchain on top of Ethereum.

There are many benefits of Layer 2 that this new version of Pepe will have over the original. Faster Speed: Transactions on Layer 2 are processed much quicker than on Layer 1. This means you can stake, trade, and interact with PEPE Unchained at lightning speed.

Even better for investors is the Lower Fees With fewer transactions clogging up the main Ethereum network, gas fees are substantially lower on Layer 2. This means more of your investment goes towards earning gains rather than paying for transaction costs.

Having its own blockchain opens up a whole new world to Pepe Unchained that potentially includes a whole new ecosystem of tokens spanning DeFi, NFTs, other meme coins, and even AI-related tokens. They also have a very successful example to try and copy through Coinbase’s Base chain.

The crypto market is always evolving and changing so no one can ever rest on their laurels. 2024 has shown that even applies to networks. Solana in 2023 looked like a failed experiment and then this year its meme coins helped it to become the most popular network among investors. Now, the new Base chain is hot on its heels thanks to some great meme coins of its own.

Pepe Unchained is hoping it can follow in these footsteps too. There is also another factor that is hugely appealing to investors: double staking. Over 234 million $PEPU tokens have already been staked but the APY% still remains at a healthy 683%. That means investors who get in early enough have a real chance of making a huge amount of profit if Pepe Unchained performs as we think it could.

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