Crypto investors are excited about a possible meme coin rally triggered by a major announcement from Kraken, despite the recent broader market price dip. Will $PEPU capitalize on it?
Kraken, a top crypto exchange, recently announced that it will list three popular meme coins—Shiba Inu (SHIB), Pepe (PEPE), and dogwifhat (WIF)—as collateral. This news has sparked discussions among the community about a possible rally for these tokens.
Kraken’s decision to expand its trading options, including Shiba Inu, WIF, and PEPE, has caught traders’ attention, fueling talks about its impact on prices. This move gives investors more flexibility and access, which could boost engagement with these tokens.
Investors can use this feature by transferring SHIB, WIF, or PEPE from their Kraken spot wallets to their futures wallets. This new functionality expands the use of Shiba Inu and other meme coins beyond regular trading, giving them a place in the more complex futures market.
As these tokens become part of advanced trading strategies, their market demand and visibility could rise, potentially leading to price changes. The crypto community is excited about Kraken’s announcement, as investors speculate on how it might affect these tokens’ market performance.
Kraken seems to be meeting the growing demand for top meme coins by adding these assets. While Kraken’s news is a boost for existing meme coins, another project, Pepe Unchained, has the potential to make waves as well.
Pepe Unchained (PEPU) ICO raises $11.3 million
The Pepe Unchained (PEPU) project has just hit a big milestone, raising $11.3 million during its ICO and getting ready for its DEX launch. Right now, $PEPU is priced at $0.0094226 each, but this price will change soon.
Investors can easily join $PEPU’s presale with no minimum investment required. They can buy tokens using ETH, BNB, USDT, or a credit/debit card. Once the presale ends, investors will receive their $PEPU tokens, and the token will then launch on DEXs and its Layer 2 network.
We’ve smashed through $11M! 🐸💪 pic.twitter.com/gmbUxi6JhL
— Pepe Unchained (@pepe_unchained) August 29, 2024
$PEPU’s hype is driven by three main factors: strong fundamentals, a focus on community, and solid security.
Pepe Unchained set aside 20% of its $8 billion total token supply for the presale, 30% for staking, and 20% for marketing. This marketing effort has helped $PEPU grow to over 12,000 followers on X (Twitter) and more than 6,500 on Telegram.
For security, Pepe Unchained allocated 10% of its token supply to liquidity, reducing the risk of slippage and rug pulls. The project’s smart contract has been audited twice, by SolidProof and Coinsuit.
The remaining 20% of the token supply is reserved for project funding and developing the Layer 2 network, which has expert’s hopeful about its future. The allocation plan should ensure long-term growth, and thousands of investors already recognize this, with the number of interested parties increasing every minute.
Pepe Unchained’s focus on utility and growth
Pepe Unchained’s focus on utility could drive its success once it launches. It plans to build a Layer 2 network on top of Ethereum that promises transaction speeds up to 100x faster than Ethereum, handling up to 1,500 transactions per second.
This new Layer 2 network will also offer lower gas fees, which means traders and investors will keep more of their earnings and be more inclined to invest. Additionally, Pepe Unchained will feature a block explorer to help users navigate its blockchain and support instant bridging between its chain and Ethereum.
With these advantages, Pepe Unchained’s Layer 2 setup is ideal for meme coin developers who want to stay with Ethereum while avoiding its drawbacks. But Pepe Unchained isn’t just about transactions.
The team aims to create a complete ecosystem for meme coins. Although exact details are still unknown, there might be a decentralized exchange (DEX), a native wallet, or even a meme coin launchpad.
For those interested in earning passive income, Pepe Unchained offers attractive staking rewards. Currently, the estimated annual yield is 177%. Even though this yield may decrease as more investors stake their tokens, the community has already staked over 903 million $PEPU tokens.
Overall, Pepe Unchained is positioned for long-term success, offering more than just short-term profits. Its launch could make a significant impact on the meme coin market, with some experts predicting returns of 50x within the first few weeks.
As the next crypto bull run approaches, it stands out as a top meme coin choice for high returns in Q4 2024. To take part in the $PEPU token presale, visit pepeunchained.com.
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Pepe Unchained Layer 2 ICO Raises $11 Million – Is PEPU the Next 50x Meme Coin?
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