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Analysis

How Pepe Unchained Debunks the Myth of Meme Coins

September 4, 2024 - Around 3 mins mins to read
  • Pepe Unchained has raised over $11 million in its presale thus far. 
  • The meme coin promises a layer 2 solution with fast speeds and low fees
As popular as meme coins have been in the crypto sector, they have not been able to fully escape the constant accusations of being fads or scams. The fact that they are based on pop culture and memes makes them an easy target for critics, even those in the crypto sector. 
But even with all of this criticism, meme coins continue to defy expectations and perform well in the market. An upcoming crypto called Pepe Unchained has been making waves for its popularity and financial success-all before it is even rolled out to exchanges. 
How Pepe Unchained Debunks the Myth of Meme Coins

When meme coin lovers want to vindicate the asset class, they typically cite long-running successes like Dogecoin. While there are certainly many legacy meme coins, the recent wave of successful presales is also worth noting. Presales are unique in that they offer investors the chance to buy into a token before anyone else and are also a way to gauge the public’s interest in an upcoming project. 

Meme coins have especially dominated the presale scene this year (source: bestcryptopresales.net) and show that the industry’s appetite for them has not waned in the least.  One such token is Pepe Unchained, the newest entry in a growing list of frog-themed offerings. On the surface, it is easy to declare that all frog-themed meme coins are the same or that the space is too saturated. But Pepe Unchained successfully debunks both of these myths even before its launch. 

First, Pepe Unchained is notable for its upcoming layer 2 solution. This solution is designed to bridge the gap between the Ethereum blockchain and Pepe chain. This layer 2 solution has also been touted as having some of the lowest fees in the industry as well as very fast transaction speeds. This shows that Pepe Unchained is not just a hype-based meme coin but one with practical application. A common misconception is that all meme coins are based on hype and have no applications but offerings like Pepe Unchained are clearly breaking the mould.

It has also defied expectations of the market being too saturated with its ongoing pre-sale success. Pepe is still a while away from being launched but has already raised over $11 million, with experts pegging it to reach $12 million in the next week. 

This has been put down to a combination of its practical use cases and the excitement about it becoming the next big meme coin. Many meme coins like BONK have seen their price skyrocket upon launch and if Pepe Unchained can retain this level of hype into the future, it will be one of the biggest successes of the year. 

And, of course, it will be a testament to the fact that the meme coin space remains undefeated and will continue to pave the way for others. 

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Analysis

How Pepe Unchained Debunks the Myth of Meme Coins

  • Pepe Unchained has raised over $11 million in its presale thus far. 
  • The meme coin promises a layer 2 solution with fast speeds and low fees
As popular as meme coins have been in the crypto sector, they have not been able to fully escape the constant accusations of being fads or scams. The fact that they are based on pop culture and memes makes them an easy target for critics, even those in the crypto sector. 
But even with all of this criticism, meme coins continue to defy expectations and perform well in the market. An upcoming crypto called Pepe Unchained has been making waves for its popularity and financial success-all before it is even rolled out to exchanges. 
How Pepe Unchained Debunks the Myth of Meme Coins

When meme coin lovers want to vindicate the asset class, they typically cite long-running successes like Dogecoin. While there are certainly many legacy meme coins, the recent wave of successful presales is also worth noting. Presales are unique in that they offer investors the chance to buy into a token before anyone else and are also a way to gauge the public’s interest in an upcoming project. 

Meme coins have especially dominated the presale scene this year (source: bestcryptopresales.net) and show that the industry’s appetite for them has not waned in the least.  One such token is Pepe Unchained, the newest entry in a growing list of frog-themed offerings. On the surface, it is easy to declare that all frog-themed meme coins are the same or that the space is too saturated. But Pepe Unchained successfully debunks both of these myths even before its launch. 

First, Pepe Unchained is notable for its upcoming layer 2 solution. This solution is designed to bridge the gap between the Ethereum blockchain and Pepe chain. This layer 2 solution has also been touted as having some of the lowest fees in the industry as well as very fast transaction speeds. This shows that Pepe Unchained is not just a hype-based meme coin but one with practical application. A common misconception is that all meme coins are based on hype and have no applications but offerings like Pepe Unchained are clearly breaking the mould.

It has also defied expectations of the market being too saturated with its ongoing pre-sale success. Pepe is still a while away from being launched but has already raised over $11 million, with experts pegging it to reach $12 million in the next week. 

This has been put down to a combination of its practical use cases and the excitement about it becoming the next big meme coin. Many meme coins like BONK have seen their price skyrocket upon launch and if Pepe Unchained can retain this level of hype into the future, it will be one of the biggest successes of the year. 

And, of course, it will be a testament to the fact that the meme coin space remains undefeated and will continue to pave the way for others. 

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.