Meme coins are a subcategory of cryptocurrencies that has become quite popular among investors due to their cultural impact. Many of those who are investing in Bitcoin or Ethereum are also looking for the latest news concerning the pepe coin price prediction 2030 in order to build a more diversified portfolio. Although the prices aren’t so elevated when it comes to cryptocurrencies, it remains important to have a comprehensive view of the ways in which marketplaces evolve and change. That means being aware of the latest additions to the marketplace is also imperative. One of the most noteworthy is Pepe Unchained.
What is Pepe Unchained?
Pepe Unchained is a unique project in the crypto ecosystem, being the world’s first Layer 2 meme coin. If the current engagement rates are anything to go by, Pepe Unchained could become one of the most successful gainers in the entire crypto ecosystem by around late December. As it is, Pepe Unchained has been breaking records approximately every hour since its release, something that may have to do with the fact that it is the first-ever layer-2 meme coin that was built on its own blockchain. Its main goal is to provide investors with transaction speeds approximately a hundred times faster than the norm for the crypto space today and at much lower costs than the other meme coins that are currently dominating the market.
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Both PEPE and PEPU rely quite heavily on hype, but Pepe Unchained has more potential for actual functionality due to the staking feature that offers annual percentage yield figures of approximately 111%. PEPU holders can, therefore, see considerable gains just because they own the tokens. Even memecoin traders, who are well aware of the lower price points they deal with and don’t mind them because they are largely focused on the pop culture aspect of the assets, can’t help but be interested by an offer like that.
On November 14th, it was announced that the presale would officially close in thirty days, meaning that investors have until December 13th to take advantage of the hype. The release date is set to be shortly after the conclusion of the presale. As the name shows, Pepe Unchained is also inspired by Pepe the Frog, but unlike the original, it was created within the Pepe Chain for the sole purpose of improving utility.
$35m
Achieving new landmarks is always a cause for celebration in the crypto community, and as of November 18th, Pepe Unchained had already reached one of its biggest ones. The meme coin reached $35 million and became the largest ICO to date. The development is noteworthy not just because of what it means for the asset itself but also because it highlights the potential for a considerable launch on other exchanges. In this sense, Pepe Unchained has been regarded as the asset that is paving the way for better development and integration of meme coins.
Right now, Pepe Unchained is also arguably the hottest new cryptocurrency of 2024, meaning that it will attract a lot of hype and see high engagement rates. The meme coin environment is well-known for its focus on pop culture trends and hypes, being derived from them in the first place, but also fueled by them. The way in which the asset was built also makes its adoption a relatively simple, hassle-free endeavor. It will be easy for all those who choose to do so to migrate from Ethereum to Pepe Unchained.
A portion of the total value locked, amounting to around $58 billion, will likely find a new home there as well. The Pepe Chain is set to be fully equipped with all of the features that you would expect from a decentralized ledger, including the ability to stake funds, an Ethereum bridge, and a block explorer.
Unique features †
But what exactly sets Pepe Unchained apart from its peers? After all, there’s just no way that a coin will rise to such prominence without offering something new. It can seem like everything that could have been done has already been done in the crypto world, but that is actually not true, and there is still plenty of space for innovation. The “Frens With Benefits” feature is one of them. This is a protocol that lets users create and deploy applications directly on the Pepe Chain. The “Pump Rad” lets anyone design and create their personal meme coins, even if they don’t have the coding skills necessary for the job. The procedure is greatly simplified on this platform and only takes a few simple clicks.
Over the future, these features could potentially drive massive value to token owners. Right now, most investors believe that PEPU has true potential and that it is likely to achieve the $50 million milestone even before going live. The Pump Rad function is somewhat similar to the Pump.fun present on Solana, the creator of projects such as Goatseus Maximus and Peanut the Squirrel. Pepe Unchained has recently released a brand-new developer grants program that will provide blockchain builders with payments for the launch of any projects within the ecosystem.
The best news is that this is not just about the optics and minute changes, it could be the first step towards an environment that will completely transform the meme coin environment into something new. The current market conditions are also extremely favorable, as cryptocurrencies are navigating one of the strongest rallies in their history.
One billion users
At the beginning of 2024, the CEO of a popular crypto service and community platform speculated that the industry would reach 1 billion users by the end of the following year. Back then, many believed this prediction was overly optimistic, but it seems now that it was not that far removed from reality. The US presidential elections and the fact that crypto has shown pragmatic utility, being embraced by a growing number of institutional investors as a result, are two of the most important factors that have led to this conclusion.
Most analysts and participants believe that there is no need to fear an unfriendly regulatory environment any longer and that lawmakers will adopt policies that are more favorable to the world of digital finance in the future. As blockchain technology develops, there is also increasing discourse surrounding the impact of such a platform on business sectors and companies worldwide. Many are also convinced that the US is on the path to becoming the official crypto capital of the world.
Any time a new addition to the crypto environment is introduced, many are quick to dismiss it as nothing more than hype that will fizzle out on its own. While that is definitely correct in some cases, there are also many instances in which this isn’t the case.
