Is This the Best Meme Coin to Buy This July? Pepe Unchained ICO Raises $1.8M
There’s a new meme coin that’s catching the interest of crypto traders.
Pepe Unchained (PEPU), a frog-themed coin with a twist, has already raised over $1.8 million in its ICO.
As investors scramble to find the next big thing, many are asking: could PEPU be the best bet for July?
Pepe Unchained – The Newest Frog-Themed Meme Coin to Make Waves
Pepe Unchained has made quite the entrance to the crypto market.
In just under three weeks since its launch, the project has raised $1.8 million, catching the eye of “degen” traders.
Currently, PEPU tokens are on offer for $0.008193 each.
But this price won’t last long – the next stage of the ICO will begin in less than 24 hours.
According to Pepe Unchained’s whitepaper, the developers have allocated 20% of the 8 billion token supply to ICO investors.
What’s really turning heads, though, is the staking opportunity.
Early investors can immediately stake their PEPU tokens and start earning returns.
The current estimated annual yield sits at a jaw-dropping 1,036%.
It’s a figure that’s hard to ignore – even in the ridiculous world of meme coins.
And this attractive offer hasn’t gone unnoticed, with over 154 million PEPU tokens already being staked.
Once the ICO ends, PEPU’s developers plan to launch the token on a popular DEX.
This will mark the first time supply and demand forces dictate the token’s price.
Pepe Unchained’s Ambitious Layer-2 Vision
Pepe Unchained isn’t just looking to benefit from broader meme coin bullishness.
It’s looking to make its own mark on the space.
The project’s key feature is its layer-2 network, which the creators will design as a sort of “meme coin playground.”
This new network promises to address some of the biggest headaches for crypto investors.
We’re talking instant bridging, low transaction fees, and lightning-quick speeds – up to 100 times faster than Ethereum.
There’s even a dedicated block explorer for good measure.
But here’s where it gets interesting – Pepe Unchained’s layer-2 network will be tailor-made for joke tokens.
Nothing like this is on offer in the crypto market.
And if recent history is any sign, this could be a big deal.
Native tokens of layer-2 networks, like Blast (BLAST), have been drawing enormous attention.
The analysts over at 99Bitcoins think PEPU could follow suit.
They’re not pulling any punches, suggesting the token could see “PEPE level returns” once it launches.
Is PEPU the Best Meme Coin to Buy in July?
So, is Pepe Unchained the best meme coin to buy in July?
It’s making a strong case for itself.
The discounted ICO price is undoubtedly appealing, offering early investors a chance to get in on the ground floor.
It’s rare we see a project with this much buzz still in its ICO phase.
Plus, Pepe Unchained has already undergone two audits from Coinsult and SolidProof, which adds credibility in a market plagued by scams.
The project’s social media presence is also exploding.
Pepe Unchained’s Twitter and Telegram channels have seen enormous growth since the project was announced.
This kind of community engagement can be crucial for a meme coin’s success.
And let’s not forget the power of the Pepe brand.
The original Pepe (PEPE) coin saw astronomical gains in mid-2023, and Pepe Unchained is clearly looking to tap into that energy.
All in all, the signs look promising for this new layer-2 project.
With the meme coin market showing signs of life again, Pepe Unchained could be well-positioned to take advantage of investors’ risk-on attitude.
