New Meme Coin Pepe Unchained ($PEPE) Is Primed for Massive Gains, According to a Top Analyst

The project is currently in a presale, and it has raised over $7.5 million so far. As the first Pepe-themed meme coin with its own layer 2 blockchain

A new meme coin project is preparing for a grand entrance into the crypto realm, and it's already generating buzz among top analysts. Enter Pepe Unchained ($PEPE), a unique meme coin that's not just barking up the meme tree but also boasts its own layer 2 blockchain.

As the first Pepe-themed meme coin to venture into the realm of layer 2 blockchains, Pepe Unchained is quickly becoming the talk of the town. With a presale that has already netted over $7.5 million, investors are clamoring to secure the biggest discount on $PEPU.

But here's the catch: the price of $PEPU will gradually increase throughout the presale, so those who join later will pay a higher price.

99Bitcoins analyst predicts massive gains for Pepe Unchained

Over the years, we've witnessed several Pepe-related joke tokens, such as Hoppy and PeiPei, gain surprising traction.

As the Pepe community anticipates another breakout, a 99Bitcoins analyst couldn't help but notice the parallels in a recent YouTube video.

The analyst boldly projects 2-100x gains for $PEPU, specifically highlighting the potential for a 10x return.

In his analysis, he draws attention to the striking similarities between Hoppy, PeiPei, and Pepe Unchained, both in terms of branding and the angle they're approaching the market.

"And what we are seeing now is this new ecosystem called Pepe Unchained, which again is quite similar, with its branding, angle, and alternative angle," the analyst noted.

But what truly sets Pepe Unchained apart is its utility. It's not just a meme coin; it's an Ethereum layer 2 blockchain with lower fees and faster speeds.

Unlike other Pepe alternatives, Pepe Unchained is building something that offers real value.

Its layer 2 blockchain serves as a new home for meme coins within the Ethereum ecosystem.

No more worries about high fees or long wait times – it's just pure memetic excitement.

Other analysts are also joining the chorus of optimism for Pepe Unchained.

ClayBro, a renowned crypto enthusiast, has openly endorsed the project, speculating that it "could be the top meme coin coming up."

Adding to his positive outlook, ClayBro suspects the crypto bull run is just getting started. When it does, he anticipates retail traders will flock to Pepe Unchained.

$PEPU is surging as the crypto market recovers from losses

Make no mistake: crypto bulls are back with a vengeance.

After facing monumental sell pressure on Monday, traders are now taking advantage of the lower prices.

We saw market leader Bitcoin test lows of $49K on Monday, but today, it reached highs of $62K.

Meanwhile, the total crypto market cap has climbed from lows of $1.76 trillion to $2.14 trillion today, adding almost $400 billion in value.

And as the crypto market recovers, Pepe Unchained is emerging as a promising newcomer.

With over $7.5 million raised, the token is receiving considerable attention even in its earliest stages.

But here's where it gets interesting.

In ClayBro's analysis, he underscores that retail investors have yet to return to the market compared to 2021. This is good news for $PEPU.

Sunnydecree also illustrated this by showing that whales, not everyday retail traders, swept up the recent crypto dip.

While noobs are panic selling, whales are panic buying.#Bitcoin pic.twitter.com/9y9RQhuhFd

According to ClayBro, when retail does return, Pepe Unchained's combination of meme coin allure and robust utility could make it a fan favourite, enabling its price to explode.

Meme coins need a dedicated layer 2, and that's what Pepe Unchained provides

Low fees, high speeds, and access to the entire Ethereum ecosystem – Pepe Unchained ticks every box.

The project will also have staking, an Ethereum bridge, and a block explorer.

And it'll be a home for meme coins.

Right now, the Ethereum layer 2 space is booming.

Just this week, Ethereum founder Vitalik Buterin alluded that “cross-chain layer 2 interoperability” will be here soon.

While that might sound complicated, all it means is that people can use any layer 2 blockchain without having to switch networks or bridge funds manually.

It will save time and headaches for everyone who uses them.

I think people will be surprised by how quickly "cross-L2 interoperability problems" stop being problems and we get a smooth user experience across the entire ethereum-verse (incl L1, rollups, validiums, even sidechains). I'm seeing lots of energy and will to make this happen.

And right now, layer 2 transaction activity is at an all-time high.

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