Pepe Unchained Presale Passes $20M, Analyst Thinks it Could be the Biggest Meme Coin Launch Ever
Pepe Unchained is going viral and not just because of its hilarious frog mascot.
The projects presale has soared past $20 million, grabbing the attention of both new and seasoned investors.
One leading analyst even thinks Pepe Unchained (PEPU) could be the biggest meme coin launch ever.
New Pepe Chain Layer-2 Could Disrupt Meme Coin Trading After Raising $20M
Far from being just another hype-driven meme coin, Pepe Unchained is aiming much higher.
The team plans to launch a new Layer-2 scaling solution for Ethereum.
This scaling solution, dubbed the Pepe Chain, promises lightning-quick speeds and low fees.
Itll even offer instant bridging back to Ethereum.
However, there are other factors grabbing investors attention.
With the presale crossing the $20 million milestone, some top crypto analysts are beginning to notice.
One of them is Austin Hilton who didnt hold back on Pepe Unchaineds potential.
In a recent video, Hilton stated, Without a doubt, this is going to be one of the biggest [meme coin launches] ever.
Hes particularly impressed by how quickly Pepe Unchaineds team has raised funds.
Ultimately, Hilton believes the Pepe Chain could be revolutionary for active traders.
No more worrying about high gas fees eating into profits.
He also highlighted the high staking rewards for PEPU holders, estimated at 110% annually.
Pepe Unchained Gives Details on Developer Grants & Blockchain Ecosystem
Yesterday, Pepe Unchaineds team dropped a Twitter thread that has community members buzzing.
They arent slowing down instead, theyre preparing for their next big move.
The big reveal is that Pepe Unchained will be an entire ecosystem, not just a Layer-2 network.
Pepe Unchaineds team has added a new section to the official website to act as a hub for all their upcoming blockchain features.
They also gave an update on the Pepe Frens with Benefits developer grant program.
This program sees the team backing up their ambitions with funding offering grants to developers eager to build on the Pepe Chain.
Its a clever strategy to attract fresh talent.
Many believe it will help drive the adoption of the Pepe Chain in the weeks after it goes live.
The application process for these grants is straightforward; simply fill out a quick form on the Pepe Unchained website, and youre good to go.
The Pepe Unchained Council will review submissions and hand out grants to the top developers.
Could Pepe Unchaineds Audited Layer-2 Transform Meme Coins Forever?
So, whats next for Pepe Unchained?
If the current momentum is any indication, it could be a serious contender in the Layer-2 space.
Picture a market where meme coins arent just for speculation they have genuine utility.
Pepe Unchaineds Layer-2 could make this a reality.
It could host specialized DeFi protocols just for meme coins in the future.
For example, a meme coin index or prediction markets for the next viral crypto coin.
But this isnt just wishful thinking. Pepe Unchaineds team has laid the groundwork, ensuring the native PEPU token is audited twice by Coinsult and SolidProof.
Thats more than most new meme coins can claim.
Naturally, when it comes to meme coins, success is never guaranteed.
But things seem to be different with Pepe Unchained.
If the developers can deliver on their ambitious roadmap, Pepe Unchained might just change what we expect from these coins.
Disclaimer: The above article is sponsored content; its written by a third party. CryptoPotato doesnt endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.
Readers are also advised to read CryptoPotatos full disclaimer.
The post Pepe Unchained Presale Passes $20M, Analyst Thinks it Could be the Biggest Meme Coin Launch Ever appeared first on CryptoPotato.
Text source: CryptoPotato
