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The appeal of meme coins has been on the rise lately and is not affected even when most are going through price drops. Dogecoin’s value dropped by 3.47% in the last 24 hours, Shiba Inu’s value dropped by 1.72%, Pepe dropped by 3.64% during the same period, and the list goes on and on. However, Pepe Unchained ($PEPU) truly stands out among so many new meme coins. Despite the fear and greed index being currently 37, which shows bearish market conditions, $PEPU raised $13 million in its presale and still shows no signs of slowing down at all. We will analyze the popularity of this incredible meme coin in this article to scratch the surface behind its popularity, so stay tuned!
Pepe the Frog is a meme created by Matt Furie in 2005 that became widely known. Last year, it found its purpose in crypto. Since Pepe Coin brought significant gains to the early investors, meme coins introducing the same theme continued popping up. However, even though Pepe Unchained has a similar idea, Pepe theme is actually only the starting point. The appeal of this meme coin lies in the fact that it is supported by the concrete utility that will keep bringing gains to investors for years to come.
The creators of this project recognized the issue that the meme coins built on Layer 1 face and dealt with them head-on. Pepe Unchained aims to launch its own Pepe Chain and enable investors to enjoy shedding the chains that were limiting them. Some of the features of Pepe Unchained that the $PEPU holders will love are:
No more congestion
Double staking rewards
Lightning speed
Low fees
All these features make Pepe Unchained extremely appealing because investors looking for prosperous meme coins will be able to enjoy staking and trading without hiccups. The gas fees that usually burden investors will be no issue here since they are significantly lower, which is another perk of Layer 2. In addition, Pepe Unchained is compatible with Ethereum, which means that the transfers will be smoother, enabling investors to enjoy a completely user-friendly experience. This seems to be the perfect success formula, and Jacob Bury, a crypto analyst sharing his opinion on this respective YouTube channel, believes it is the next 10x meme coin. Don’t miss out!
Staking has become a very wanted feature lately, which is not surprising considering the crypto market's volatility. Being able to count on rewards on top of the earnings that usually occur during the bull run when the value of meme coins explodes is a perfect way to enjoy the whole investing process more.
Pepe Unchained offers 608.82 per Ethereum block, and the APY is 160%. One billion tokens have been staked so far, showing the enormous popularity of $PEPU. The rewards will be given over the next two years, and the investors will be able to start claiming them once the claiming process goes live. The popularity and potential of this project are already clear, so join the early birds to enjoy it fully!
The supply of meme coins is usually enormous, which typically becomes an obstacle to reaching explosive prices because there is simply no scarcity. Pepe Unchained is more modest in this area, so the total supply of $PEPU tokens is eight billion. This will allow the scarcity to drive the price up and bring earnings to the early investors after the official listings. The first half of the supply is directed towards the presale and staking in the following way:
20% - presale
30% - staking
The second half of the supply will be split in the following way:
20% - marketing
10% - liquidity
10% - project finance
10% - chain inventory
Careful distribution of $PEPU tokens is oriented towards long-term growth that will benefit investors and project creators equally. With transparency, security, and long-term plans, it is obvious why investors should add $PEPU to their portfolio as soon as possible!
The crypto market has been experiencing a bearish period these past few weeks, leaving some investors worried. However, Pepe Unchaied seems to be completely unaffected by this since investors are flocking to get their hands on $PEPU tokens. With $13 million raised, its growth potential is undeniable. This project's humorous approach, clear utility, and supportive community are the main characteristics of Pepe Unchained, which attracts investors from all corners of the world. $PEPU’s preparation for explosive launch is speeding up, so join while you can!
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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.
