Pepe Unchained ($PEPU) has emerged as a prominent player in the cryptocurrency market, experiencing a significant increase in value and attracting a large amount of investment.
The token has already provided substantial returns for early investors, with its price reaching a peak of $0.62. Despite a slight decrease, the sentiment remains positive, and further gains are anticipated.
Pepe Unchained stands out from other meme coins due to its underlying ecosystem built on a proprietary Ethereum Layer-2 (L2) blockchain. This infrastructure allows for faster and cheaper transactions compared to Ethereum's Layer-1 (L1).
The project aims to create a decentralized exchange (DEX) and provide a block explorer and bridging solution. The development team is focused on long-term growth through the establishment of the Pepe Foundation, which will fund community-verified projects.
Wall Street Pepe ($WEPE) is another meme coin that has recently entered the market, aiming to empower retail investors and counter market manipulation. The token has gained momentum and raised $8 million shortly after its launch.
The WEPE Army, as its supporters are called, seeks to democratize trading and level the playing field for retail investors by pooling resources and information.
Both Pepe Unchained and Wall Street Pepe exemplify the trend of meme coins creating functional ecosystems and communities in the cryptocurrency market.