Some NEIRO Holders Investing in Pepe Unchained as it Raises $18M Through ICO
Some of the first Neiro on Ethereum (NEIRO) holders are ditching the old and embracing the new.
Reports are emerging that theyre flocking to Pepe Unchained (PEPU), a brand-new presale coin with serious potential.
Could this be the start of PEPUs rise?
NEIRO Holders Eye Pepe Unchained as Next Meme Coin to Pump
NEIRO is still going strong despite the markets pullback in the past 24 hours.
The coin remains up over 2,700% since early September, claiming the title of the second-most traded meme coin (behind PEPE).
Its holding its own while others struggle proving it has real staying power.
But now, some NEIRO holders are reportedly setting their sights on Pepe Unchained.
This presale superstar has raised $18 million so far.
Its been going viral on Crypto Twitter, with over 38,000 people following Pepe Unchaineds official account.
So, why all the excitement?
One main reason is that the native PEPU token is currently available in presale for just $0.00994.
Investors have been scrambling to take advantage of this offer while its still available.
Many early backers are already looking ahead to PEPUs first DEX listing.
Although theres no date set yet, anticipation is growing.
Some analysts, like those at 99Bitcoins, have predicted that PEPUs price could 10x once it hits the open market.
That would put PEPU around the $0.0994 level.
And this potential for explosive growth is driving all the presale demand.
Pepe Unchained The Layer-2 Blockchain Disrupting Meme Coin Trading
But what exactly is Pepe Unchained, and why is it going viral?
This project brings serious innovation to the meme coin space with its own Layer-2 blockchain, aptly named Pepe Chain.
Think of it as a supercharged expressway built on top of Ethereum, designed for faster transactions.
According to Pepe Unchaineds whitepaper, these transactions will be 100 times faster than Ethereum.
And much cheaper to complete.
However, Pepe Unchaineds team isnt stopping there.
Theyre building an entire ecosystem for meme coin traders with a custom block explorer and plans for their own meme-themed DEX.
PEPU holders could soon have a dedicated chain for all their trading activities.
If that wasnt enough, Pepe Chain will still be fully compatible with Ethereum.
Traders can seamlessly move between the main Ethereum blockchain and the high-speed Pepe Chain.
This interoperability could be huge for developers and traders.
Add on the recently announced developer grants, and its clear why Pepe Unchained is attracting so much attention.
Why Pepe Unchaineds Staking, Security, & Transparency Are Attracting NEIRO Investors
The excitement around Pepe Unchained goes beyond its Layer-2 tech.
Some NEIRO holders are reportedly moving over to this coin for many other reasons.
For starters, the PEPU staking protocol offers huge yields of 121% per year.
With over 1.3 billion tokens already staked before the project has even launched, its clear investors are eager to get in on the action.
And when it comes to security, Pepe Unchained isnt cutting any corners.
Audits by leading security firms Coinsult and SolidProof have given the project a clean bill of health, providing investors with some much-needed reassurance.
Pepe Unchained is even climbing the ranks on popular sites like CoinSniper.
Adding to the projects appeal is that the developers have laid out a clear tokenomics structure
Unlike many meme coins, Pepe Unchaineds tokenomics are publicly disclosed on its website.
This transparency, combined with the Layer-2 utility, is a unique approach.
All in all, while NEIRO has enjoyed its moment in the spotlight, it doesnt offer the same sort of use case as Pepe Unchained.
Thats why some NEIRO holders are jumping ship securing PEPU tokens instead.
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