Crypto Blog
Pepe Unchained’s success is thanks to its industry-first use case: it is the first meme coin with an Ethereum layer 2 blockchain.The past month has been a nothing-burger for joke tokens. Dogecoin is down 2.3%, Shiba Inu is down 2%, and Pepe is down 10%.Despite this, Pepe Unchained is stunting unprecedented success. It’s now averaging $1 million in weekly capital inflows, making it the hottest ICO on the market.
Like other layer 2s, “Pepe Chain” will process transactions on a separate blockchain built upon Ethereum. It is claimed to be 100x faster and much cheaper than the main chain. Staking launched alongside the presale and is currently providing a 157% APY. A whopping 30% of the $PEPU total supply is earmarked for staking rewards.
These incremental price hikes will continue at each stage of the Pepe Unchained presale. New stages have been occurring every three days.
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