Pepe price soars after market recovery
The cryptocurrency market is going through a reaction phase. This caused the price of some tokens to increase more than expected. This is the case with Pepe, which once again surprised investors.
This overall increase is in line with a number of factors. If projections and external events remain positive, token prices should continue to grow. In this scenario, utility tokens like Pepe Unchained could gain even more prominence.
Therefore, experts are betting that the PEPU token can surpass Pepe's metrics once it is officially launched on the market.
Factors influencing current market prices
The cryptocurrency market is linked to other sectors. Therefore, government decisions, elections and the like directly impact the price of assets. Proof of this is the current recovery in market prices.
Digital assets in general saw greater demand after the United States Federal Reserve took measures to contain the economic crisis. The interest rate was cut by 50 points, indicating that conventional investments were no longer recommended.
In addition, the country is going through the process of choosing a new president. There are two candidates with a chance of winning the election: Donald Trump and Kamala Harris. The first is openly supportive of the digital market. In turn, Harris says little about the subject, causing investors to fear.
Even with the uncertainty of the election still influencing the market, the main memecoins have had a good performance in recent days. Highlight for Pepe, which continues to surprise investors.
Pepe delivers above-average yields
The PEPE token surprised investors and the memecoin market by delivering above-average results once again. The token has seen a price increase of over 50% in the last fifteen days. This after going through the bearish period along with other memecoins.
This price increase was greater than most tokens, exciting the community. However, the token may not maintain this yield. This is because, due to its growth since launch, the asset had its network congested. This means that transactions are more costly, impacting investors' results.
Therefore, the developers created the new Pepe Unchained project. The token is part of the Pepe ecosystem and has the mission of operating in the second layer of the network. This way, traffic will become more fluid and investors will have more income.
The new Pepe Unchained project stands out in the current scenario for being utilitarian
As stated before, the Pepe token exploded as soon as it was launched, delivering returns of up to 700% to investors. Now, the blockchain needs to act on a second layer, helping Pepe to grow again.
This is because network congestion directly impacts investors' income. Reducing speed increases the cost of processing transactions. Therefore, this causes investors to lose money due to the increase in gas tax. With this, Pepe Unchained's mission is to act on Layer 2 of the Pepe network and reduce traffic on the blockchain.
In other words, the use of Pepe Unchained Layer 2 has the potential to increase efficiency outside the ETH network. With this, the developers' intention is to increase revenues across the entire ecosystem. As it is a utility token and still has the possibility of delivering passive income, experts are pointing to the token as one of the best cryptocurrencies to buy right now.
Staking system and possibility of passive income in the $PEPU ecosystem
The uses of the PEPU token go beyond helping the Pepe network. The asset also offers a real possibility of earning passive income. This is because the developers thought of a unique staking system. This way, investors can profit twice from the token. First, with the growth of the token in the medium and long term, which is natural with assets of this quality. Then, with the income if they decide to allocate their tokens in the Pepe Unchained ecosystem income pool.
It is worth mentioning that the income from the project will be paid over two years and, according to the developers. According to the information contained in the official website project, this will be done at a rate of 608.02 PEPU tokens per ETH block.
At the moment, the estimated rate of return is 130%. This index can be considered well above average, compared to the returns of other memecoins.
However, before investing, you need to consider some details. The return from the staking system is estimated. Therefore, the values can vary a lot, as they are calculated based on the tokens allocated in the liquidity pool. This means that you need to check the return rates and the stipulated rules before staking your PEPU tokens.
Pepe Unchained's fundraising phase could be the best of the year – Here's how to buy before the tokens run out
Utilitarian assets with above-average quality tend to have a very quick and viral pre-sale. This is the case for some notable tokens, including Pepe. However, Pepe Unchained has shown that it can surpass its origin token and go further. So far, the developers have raised more than US$16.5 million in pre-sale, indicating that the token already has a very united community.
Around 40% of the tokens minted on the blockchain were allocated to this phase. Taking current revenue into account, everything indicates that these assets are about to run out. Therefore, interested parties must hurry to secure the assets at the lowest price.
To purchase, investors must access the official website and use a balance in ETH, USD, BNB Coin or PEPE. Furthermore, there is the option to also purchase with a credit card, upon payment of the corresponding fees.
It is worth remembering that pre-sale tokens always have the best price. Furthermore, Pepe Unchained is a unique opportunity for anyone who wants to invest in a utilitarian and promising cryptocurrency. Also, check the project's social media to see all the news the project has to offer.
Disclaimer: This article is for informational purposes only, and does not constitute investment advice or an offer to invest. CriptoFácil is not responsible for any content, products or services mentioned in this article.