Pepe Unchained ($PEPU) is the latest meme coin craze. The spectacular success of Pepe has translated into 44523% returns for early investors in a year. Launching on the Ethereum layer-2, Pepe Unchained ($PEPU) is gearing up for “double the staking rewards, double the Pepe, and 100X the fun”.
Let’s have a look at what that means.
$PEPU’s key distinguishing feature is its native Layer 2 chain.
Layer-2 blockchains are secondary frameworks or protocols built on top of an existing layer-1 blockchain, like Ethereum. Layer-1 blockchains are often criticized for their lack of scalability, speed, and efficiency. During bull markets, in particular, they clog up and stop investors from seizing market opportunities.
Secondary layers tackle these challenges.
They radically improve the scalability, speed, and efficiency of the primary blockchain. They have played a key role in enabling a higher volume of transactions at lower costs. Without them, the crypto market wouldn’t be as big as it is now.
Pepe is an iconic meme coin built on the Ethereum blockchain. The clunky Layer 1 server room has trapped Pepe from unleashing its full potential, however. The network delays and rising gas fees often cause distress to traders trying to take advantage of rapid price movements.
The congestion leads to slower transaction speeds and higher fees. This is where Pepe Unchained enters the picture.
The new Pepe meme coin is themed around an interesting narrative:
“With a stroke of Giga Brain genius, Pepe devised a plan to break free from his chains and embrace the future with PEPE Unchained.”
The new Ethereum layer-2 blockchain is built for “better speed, better rewards, and the same delicious Pepe flavour”.
Since Pepe Unchained has sought haven in layer 2, it
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