Cryptocurrency

Best Cryptocurrency to Invest In: Pepe Unchained Up $1M in 7 Days, Time to Buy?

IndustryTrends

The crypto market had a great bounce back weekend which has renewed hope that the second half of 2024 could replicate the strong performance we saw for the first quarter of the year. Former President of the US and current republican nominee Donald Trump spoke at the Bitcoin conference outlining how he supported the industry and would not sell off any more of the government's supply if elected.

This also comes on the back of suggestions Democrat nominee Kamala Harris will take a more favorable approach to crypto than Joe Biden so it all seems like good news for now. We think investors should really be looking at the presale market right now as a bull run may be just around the corner. We think all eyes should be on Pepe Unchained ($PEPU).

How the original Pepe Coin inspired this new and improved version

Years into the future when we are looking back at these formative years for the meme coin sector, we think Pepe Coin (PEPE) will be looked at as a massive foundational piece. For those who do not remember, the meme coin market was really struggling through the first half of last year.

When Pepe Coin was created, it was with little or no attention. No meme coin that year had even scrapped a bit of success. It launched in April 2023, alongside a measly 17 other meme coin projects that month.

No meme coin had come close to Dogecoin (DOGE) or Shiba Inu (SHIB) and even they were failing. Then PEPE pumped overnight, made investors millionaires from nothing, and then suddenly the meme coin sector started exploding. A year after its launch, a record 138 meme coins were launched this April and the sector is stronger than ever.

Pepe has been the star for the last year, but that may be ending

We have covered how great Pepe Coin was, but that time may be coming to an end. The revolution the project inspired has caused the sector to evolve, and the projects being launched in 2024 are much more evolved than even last year. Pepe Unchained ($PEPU) is a perfect example of this.

There used to be a common trend of cheap imitation coins that would launch in the wake of strong-performing meme tokens. Generally, they would offer nothing and we’re just money grabs. Pepe Unchained is the opposite of this. It will unleash the true potential of Pepe.

The project has spotted that the main blemish against Pepe Coin is that it does not have its own chain and is reliant on the older less functional layer 1 network. Pepe Unleashed having its own chain built on top of Ethereum opens up so many doors for it.

We cannot confirm anything but an educated guess from us would be that the creators of Pepe Unleashed saw the success of Coinsbase’s Base token and chain and noticed they could do something similar. Now the possibilities are endless with potential tokens in the realms of NFTs, DeFi, GameFi, and even AI all in the future.

What does this mean for the everyday investor who just wishes to find a coin that will provide gains? Well, there are other great benefits associated with Layer 2. One of those is Faster Speed. Transactions on Layer 2 are processed much quicker than on Layer 1. This means you can stake, trade, and interact with PEPE Unchained at lightning speed.

What’s even better for investors is the lower gas fees. With fewer transactions clogging up the main Ethereum network, gas fees are substantially lower on Layer 2. This means more of your investment goes towards earning gains rather than paying for transaction costs.

Lastly, it has more utility in the shape of a staking system. Despite the fact that over 250 million $PEPU tokens have already been staked, the annual rewards for staking still stand above an estimated 300%. This is great value for your investment. Considering how far we think this token can go, staked tokens could become very valuable.

Conclusion 

So with conditions looking like they may turn bullish, it's the perfect time to invest in a new project like Pepe Unchained. The nature of its presale means you can buy it at a tiny price which gives your investment the chance to explode when its listings begin.

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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