Pepe Unchained (PEPU) is developing a Layer-2 blockchain for meme coins. The project has raised over $2 million in its presale.
PEPU aims to build on Ethereum. It promises faster transactions and lower fees. The team targets speeds 100 times faster than Ethereum.
Two firms have audited PEPU's smart contracts. This shows a focus on security.
The presale has attracted significant interest. It raised $2 million in 18 days, averaging $111,000 daily.
Investors can buy PEPU tokens at $0.008226 each. A $1,000 investment yields 121,563 tokens.
The presale has a limited window. Developers plan to list PEPU on exchanges after it ends.
Ten percent of tokens are allocated for exchange liquidity. This should help with price stability.
PEPU offers a "double staking" protocol. Early investors could see yields of 910% annually.
Over 175 million PEPU tokens have been staked. This should be enough to indicate investor confidence in this meme coin.
But the project is also gaining traction on social media. It has 4,700 Twitter followers and 2,600 Telegram members. Not so much, compared to some of the industry leaders, but impressive enough for a novice token.
CoinSniper.net ranks PEPU as their number two project. YouTube influencer Austin Hilton called it "very cool".
Layer-2 solutions are currently popular. The BLAST token recently reached a $489 million market cap.
Pepe Unchained could capitalize on demand for scaling solutions. Its success will depend on balancing technical innovation with meme appeal.