A new competitor to Pepe Coin (PEPE) is attracting attention from crypto whales. The token, Pepe Unchained (PEPU), is gaining traction in web3 trading circles.
But make no mistake, it's not just another meme coin. PEPU is a new Ethereum layer-2 blockchain. So it's a meme coin on a solid base, to say the least.
PEPU is currently in presale. Several prominent crypto analysts have invested. Clinix Crypto, with over 60,000 YouTube subscribers, has bought in. Crypto Gains advised his 130,000 subscribers to consider an early investment. Jacob Crypto Bury sees potential for a 10x return.
The presale has raised over $1.77 million to date. At the current token price of $0.0081939, PEPU's market cap stands at $64 million. This valuation could increase if the project succeeds as both a meme coin and an Ethereum layer-2 solution.
Investors should note that the token price will rise once the presale reaches $1.96 million. To participate, users can connect their MetaMask wallet on the official website. The presale accepts ETH, BNB, and USDT.
Pepe Unchained aims to appeal to both the Pepe meme coin community and DeFi enthusiasts. Thirty percent of the token supply is allocated for staking rewards. Presale investors can start earning these rewards immediately.
The project's website currently displays a staking yield of around 1,100%. At this rate, early investors could potentially double their initial investment in about one month. However, this yield is expected to decrease as more PEPU is staked.
This high yield offers early investors a chance to increase their holdings. This potential growth is independent of any price appreciation post-launch.
The token price increase and high staking yields present significant opportunities. However, investors should conduct thorough research before participating. Crypto investments carry inherent risks.
As the crypto market evolves, projects like PEPU demonstrate the ongoing innovation in the space. The combination of meme coin appeal and layer-2 functionality could set a new trend in the industry. Now might be the best time to jump on that wagon, of course if you on of those people, who are up to risky projects in their early stages.