Pepe Unchained ($PEPU), a cryptocurrency backed by a Layer-2 solution for meme coins, raised over $5 million in its presale and offers high staking yields

Pepe Unchained price prediction: Can PEPU meme coin outperform PEPE in 2024? Analysts predict strong future growth due to its unique technology and the popularity of meme coins. Early investors benefit from discounted presale prices and high APYs. Staking encourages long-term holding

The latest cryptocurrency to generate buzz is Pepe Unchained ($PEPU).

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Backed by a layer-2 (L2) solution dedicated to meme coins, $PEPU is predicted to climb the charts on its upcoming release.

What is driving the $PEPU craze, and how high can it go on its release? Here is a detailed price prediction of Pepe Unchained.

Pepe Unchained: An introduction

Pepe Unchained is an upcoming Ethereum L2.

The project is now hosting a presale of its native token $PEPU for fixed, discounted prices. It just burst past the $5 million milestone.

A lucrative staking system accompanies the presale. At the time of writing, the early-stage staking annual percentage yield (APY) of $PEPU stood above 500%.
image1 (42)Spotlight WireInvestors can secure $PEPU for just $0.0084261 now. With each new stage of the presale, the price will increase. In other words, the presale prices and the staking APYs favour early investors.

Although it has just been a few days since the presale went live, the $PEPU community is rapidly expanding. For example, the X community has close to 7,000 followers, while the Telegram community has around 3,000 members.

Top crypto analysts and influencers have also played a key role in taking the project to more users. Notably, YouTube influencer Jacob Crypto Bury featured Pepe Unchained as the next potential 10X coin for its pioneering L2 technology.

Major factors that influence the price of Pepe Unchained

What fuels the trajectory of Pepe Unchained price action?

Let’s take a look.

The first and the most obvious is the meme coin narrative centred around Pepe.

The meme coin packaging lends a speculative appeal to the utility project. Being a Pepe derivative, Pepe Unchained has been unlocking the viral meme coin frenzy since its presale launch.

Pepe’s popularity also adds to the appeal of Pepe Unchained.

Pepe currently ranks third on the meme coin chart with a massive market cap of $4 billion. At its highest point, the frog-themed meme coin boasted a market cap of $7 billion.

Although Pepe's price has descended 44% from its all-time high, the community is optimistic that it will reclaim the price in the next meme coin season.

The growing interest in Pepe Unchained has strengthened the price action of Pepe as well. Does that mean $PEPU can outperform $PEPE on its exchange launch?

It seems highly likely.

Due to its low initial market cap, Pepe Unchained has the potential to give multifold returns to investors. Pepe, on the other hand, has largely saturated.

But more importantly, Pepe Unchained is a utility project at its heart.
image3 (37)Spotlight WireIt is building a unique Layer 2, which batches transactions and compresses data for better efficiency. In fact, Ethereum L2s are one of the most thriving niches in the crypto market.

As an L2 dedicated to meme coins, Pepe Unchained has high relevance. It will strengthen the long-term price action of the coin even after the initial FOMO subsides.

Pepe Unchained’s token distribution strategy is also designed for sustainable performance.
image4 (30)Spotlight WireWith a large share of the supply reserved for presale, insider selling is ruled out. Staking gets a bigger 30% allocation, which will encourage token holding. It will be central to mitigating premature token sell-offs.

The roadmap defines the next stages in the project’s evolution.

The most-awaited milestone is the L2 release. It is expected to drive utility-based demand for the token over time for healthy price action.

https://x.com/pepe_unchained/status/1812568187315376278

Pepe Unchained price prediction 2024

In the first stage of its price action, Pepe Unchained will largely depend on its meme coin label. The Pepe narrative and the hilarious social media posts have already begun drawing massive attention to the project.

On its release, the token has the potential to go multifold up the charts due to residual presale FOMO. The speculative momentum will also tap into the practical utility centred around the L2 release.

Pepe meme coins or derivatives like PepeCoin, Pepe 2.0, and PEPE (Ordinals) are known for their highly volatile early-stage price actions.

If the presale FOMO is any sign, Pepe Unchained will follow in the footsteps.

However, the distinction lies in how it will tackle the early sell-offs.

This is where the staking system enters the picture. It will encourage investors to hold and grow their $PEPU holdings throughout the year, with the price potentially settling down at $0.075.

Pepe Unchained price prediction 2025

In 2025, the price performance of Pepe Unchained will unlock utility more than speculation.

The L2 chain designed for lightning-fast transactions and low-cost bridging will take centre stage even as the compelling staking rewards continue to motivate long-term, passive investor.
image2 (40)Spotlight WireTowards the end of the year, the token price could reach as high as $0.45.

Pepe Unchained price prediction 2030

A long-term forecast of any cryptocurrency, let alone $PEPU, is a challenging endeavour. However, assuming that the market continues to evolve and expand with new technologies, projects like Pepe Unchained show high potential.

Over the next few years, Pepe Unchained is predicted to become a thriving hub for meme coins. Towards the end of the decade, an optimistic yet conservative price prediction for $PEPU is $1.5.

Year
Potential Low
Average Price
Potential High
2024
$0.005
$0.02
$0.075
2025
$0.01
$0.062
$0.45
2030
$0.05
$0.72
$1.5

How to buy Pepe Unchained ($PEPU) tokens?

With a clever mix of utility and virality, Pepe Unchained ($PEPU) is positioned for a wild bull run over the next few months.

The best way into Pepe Unchained is the ongoing presale.

The presale follows an easy purchase process.

Investors can buy $PEPU tokens using a compatible crypto wallet of their choice like Wallet Connect, Best Wallet, MetaMask, or Coinbase Wallet. The presale supports cryptocurrencies like ETH, USDT, and BNB. In addition, investors can use fiat currencies for presale participation.

Once the wallet is loaded with a crypto of their choice, investors should head to the presale site, click connect wallet, choose the wallet, and select the crypto to swap for $PEPU.

Enter the amount of $PEPU tokens and follow the instructions to complete the purchase. Staking is live right from the presale stage.

Buy Pepe Unchained ($PEPU) tokens

Disclaimer: The above content is non-editorial, and TIL (Times Internet Limited) hereby disclaims any and all warranties, express or implied, relating to the same. TIL does not provide investment advisory services in any manner and the publication of this content does not mean TIL's or Economic Times endorsement. TIL strongly recommends the users to take all steps necessary to ascertain that any information and content provided is correct, updated and verified and/or speak with a qualified investment professional before making any investment decisions.
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This story originally appeared on: India Times - Author:Faqs of Insurances