Forget the Old Pepe (PEPE) Coin – a New Frog-Themed Token Is Going Viral

Pepe Unchained (PEPU) is performing well in presale and has already raised over $8.8 million. And now everyone's wondering: could this newcomer hit the $1 mark before PEPE does?

The original Pepe (PEPE) coin may have captured investors’ attention earlier this year, but a new frog-themed token is quickly stealing the spotlight.

Pepe Unchained (PEPU) has been performing exceptionally well in its presale, raising over $8.8 million to date.

Now, as PEPE continues to slide, many are wondering if the newcomer could hit the $1 mark before its predecessor.

PEPE's struggles and a new coin on the horizon

PEPE has had a rough couple of weeks, with investors expressing concerns over the token's future performance.

The token is currently trading at $0.0000079, a significant drop from where it was in mid-July.

Since hitting a local high last Friday, PEPE has taken a 12% tumble, sparking fears among investors.

Moreover, if you glance at the charts, things don't appear to be getting any better.

On the 4-hour chart, PEPE has been forming a descending channel, while its Relative Strength Index (RSI) is hovering around 43.

This indicates that there's still room for further decline before hitting oversold territory.

To make matters worse, trading volumes have dwindled substantially.

The daily chart also presents a grim picture, with lower highs and lower lows—a pattern that typically suggests more downside is on the cards.

Overall, the outlook for PEPE is not particularly favorable at the moment.

The question remains: can it recover, or is it time for a new coin to take center stage?

Pepe Unchained aims to disrupt meme coin space with new Layer-2 chain

Now, let's shift our focus to Pepe Unchained, the new meme coin that's going viral in its presale.

Unlike its peers, Pepe Unchained is not content with existing on an already established chain.

Instead, the team behind the token plans to build a brand-new Layer-2 chain on Ethereum.

Imagine the Ethereum blockchain, but supercharged and vastly more efficient.

We're talking about rapid transactions and fees that are a fraction of a cent.

But what does that mean for meme coin traders?

Suppose you have your eye on a new meme coin that has just launched and want to get involved before it hits the mainstream.

With Pepe Unchained's Layer-2, you could swap your PEPU tokens for the new coin in seconds, not minutes.

No more waiting anxiously while your transaction slowly gets confirmed.

You could also trade the new coin multiple times in quick succession without paying through the nose in gas fees.

However, it's not just about faster trades and lower fees.

Pepe Unchained's Layer-2 could also pave the way for a new wave of dApps that are currently not possible on Ethereum due to its slow speeds.

Think next-gen crypto games, DeFi protocols, and even NFT collections.

Could Pepe Unchained reach $1 before PEPE does?

So, could Pepe Unchained actually beat PEPE to the dollar mark?

Let's do some quick math and find out.

Right now, Pepe Unchained's presale is going great guns, having already raised $8.8 million.

Tokens are currently being sold for $0.0090901 each.

With a total supply capped at 8 billion tokens, Pepe Unchained has a long way to go before hitting $1—a 10,900% increase, to be precise.

That's a big ask, even in the illogical world of meme coins.

However, compared to PEPE, which would need to skyrocket over 12.5 million percent to reach $1, Pepe Unchained's journey doesn't seem so far-fetched.

PEPE cannot hit $1 with its current supply.

The only way for the token to reach that milestone would be if the team implemented some serious tokenomics changes.

We're talking about massive burns—like 50% of the supply (or more).

But for Pepe Unchained, moves like that wouldn't be necessary.

Plus, the project already has a solid foundation, with DEX listings planned for after the presale and two audits already completed (Coinsult and SolidProof).

Ultimately, it's anyone's guess whether PEPU will hit $1 before PEPE.

Still, there's every chance PEPU can still produce enormous gains for early investors.

Visit Pepe Unchained Presale

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