Mbappe themed mpeppe coin is gaining traction so is Pepe Unchained that has raised over $17 million in the ongoing viral PEPU presale.
Meme coins, like other altcoins and even Bitcoin, remain under immense selling pressure at spot rates.
According to Coingecko , the total market cap of all meme coins is down 4% to around $47 billion.
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Even at this level, it is higher than in early August when it broke below $40 billion.
Crypto developers will continue to innovate and take advantage of market cycles to launch exciting projects.
Some of them include Pepe Unchained (PEPU) and Mpeppe. Of the two, Pepe Unchained is already in its presale, raising over $17 million, and continues to garner investor attention.
On the other hand, Mpeppe is a new project that aims to compete with the more established Pepe Unchained.
Mpeppe: Merging Meme Coins and DeFi In Gaming
Mpeppe is a meme coin whose presale is ongoing, raising $3 million.
The platform aims to combine the allure of meme coins, DeFi, and gaming.
It is launching on Telegram, and investors receive MPEPE tokens.
In the coming months, the project will launch a blockchain casino where holders of MPEPE can place wagers.
By tapping into the power of the blockchain, Mpeppe users can receive instant rewards while benefitting from better privacy and security in a low-fee, global environment.
Pepe Unchained: Is This The Next Big Meme Coin Frog?
While eyes are on Mpeppe, Pepe Unchained is on something bigger.
The ongoing Pepe Unchained presale , as mentioned earlier, has raised over $17.1 million.
Each PEPU is changing hands for $0.00991.
Pepe Unchained is also taking a fresh approach to meme coins. As part of their grand plan, they aim to launch a layer-2 platform on Ethereum dedicated to meme coins.
The Pepe Unchained layer-2 ecosystem will offer security, low fees, and unparalleled scalability. Due to this, meme coin developers will have an easy time, aware that they will be doing so in a supportive environment whenever they launch.
Besides the layer-2 platform, there will be an in-built meme coin DEX and a secure bridge that connects Ethereum and Pepe Chain.
This level of interoperability will enhance user experience, boosting confidence, especially in the hands of PEPU holders.
PEPU holders are also free to stake, receiving a high APY of 125% as of writing on October 3. More than 1.2 billion PEPU has so far been staked.
As part of their effort to foster development, Pepe Unchained has launched a developer grant program, Pepe Frens with Benefits. The goal is to eventually create an ecosystem of applications and numerous tokens, pushing the layer-2’s TVL to Arbitrum , Base, and even Starknet’s levels.
However, with a vibrant ecosystem, Pepe Unchained developers will also build a dedicated block explorer so users can track all on-chain transactions at any time.
VISIT PEPE UNCHAINED HERE TO FIND OUT MORE
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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
