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What is Pepe Unchained?
Pepe Unchained is a meme coin based on the famous Pepe the Frog character, just like PEPE, another popular coin. Abbreviated as PEPU, this coin has been named so because, in the view of its anonymous developers, PEPE is restricted to layer 1 blockchain; Pepe Unchained is the unrestricted and more flexible version that is developed as layer 2 blockchain.
This coin’s network is developed as a platform to create new meme coins and provides features like high speed and security. To add to this, the PEPU blockchain also provides scalability and low transaction fees; creating dapps is faster and more economical on this chain.
The Layer 2 ecosystem of this coin consists of a couple of features, as mentioned on its website. A few of the features include Pump Pad, Decentralized Exchange (DEX), Bridge, Staking, and Developer Grants.
The coin has been audited by a couple of security researchers who form part of the Pashov Audit Group. You can view its audit of this coin here and see if there are vulnerabilities in its smart contact. According to its audit page, the PEPU blockchain is the fork of Optimism and combines the features of Celesita’s modular data availability network. This helps users create new dapps with ease and efficiency and on a larger scale.
What is a Pump Pad?
It is a launchpad that lets developers launch their meme coins in 2 simple steps. As a security measure for the users, the Pump Pad settings do not allow developers to pull back the liquidity, which is locked by a smart contract. Also, by disabling the smart contract functions, this launchpad ensures that no buy and sell tax can be levied on users. As the liquidity is locked, devs cannot alter the tax settings.
Pump Pad provides devs with the flexibility of customizing the features for their meme coins; this includes community building and profit-taking. All a dev has to do is connect a wallet to the Pad; he will then be requested to add layer 2 to his wallet. If he follows the instructions, layer 2 will be added. Wallets like MetaMask, Trust Wallet, and Coinbase Wallet support layer 2 of the PEPU chain.
Any other wallets that do not support layer 2 would not get connected to the chain. So, avoid using wallets like Binance Web Wallet or Bybit. In the second step, you will need to use a bridge to connect $PEPU tokens with this layer 2. This Pepe Unchained bridge connects the two.
Decentralized Exchange (DEX) of PEPU
Pepe Unchained platform provides a DEX where you can swap $PEPU with Wrapped PEPU (WPEPU), Wrapped Ether (WETH), USDC, and USDT coins. On DEX, you can also add liquidity to the pools by submitting these token pairs and earning a %fee in return. It is built on L2 thus providing lightning speed and seamless experience. The gas fees are small. It is well-integrated with PEPU’s Pump Pad and bridge.
To use this bridge for swapping, open its interface and select tokens that you want to buy and sell. Enter the amount you want to swap. Click ‘Swap’. Confirm the swap in your wallet. That’s it!!
Role of Bridge in Pepe Unchained Network
Acts as an intermediate to connect Ethereum layer 1 to Pepe Unchained layer 2 and lets you swap tokens between these networks. For bridging, first, deposit your Ethereum tokens to PEPE Unchained layer 2. These tokens from layer 1 (Ethereum) are locked via a smart contract and an equal amount of tokens are minted on the PEPU chain.
When you want to withdraw from layer 1, the tokens on PEPU layer 2 are first burned and then your original tokens are made available on layer 1. Bridging like this is beneficial as it helps trades skip expensive gas fees on Ethereum. The transaction costs of L2 are quite low. Also, transactions on layer 2 are faster and more flexible than on L1. The PEPU bridges allow a trader to be a self-custodian of his tokens. The bridge is secure and supports several tokens. It also provides real-time transaction progress by sending traders the necessary notifications.
To use this bridge for swapping, first connect your walletopen its interface and select tokens that you want to buy and sell. Enter the amount you want to swap. Click ‘Swap’. Confirm the swap in your wallet. That’s it!!
What is FWB?
It is the Frens With Benefit Collective that lets devs create apps on Pepe Unchained’s L2 network and receive grants for doing so. Devs need to submit their grant application first, which then gets approved with a voting mechanism.
Pepe Unchained Price
The price of PEPU has seen several ups and downs since it started trading. Post a few days after its launch, it made an ALL-Time High (ATH) of $0.06858. By late January 2025, its market cap eroded to a great extent and it created its all-time low of $0.008851. Post that, its price started rising and made a swing high at $0.023259 on February 2. In the next few days, it started seeing a downtrend again. Currently, the Pepe Unchained price is $0.009438. Its current market cap stands at $61.85 M. The PEPU community on CoinMarketCap is bullish on this coin and expects to see good momentum when the altseason begins.
Want to know Pepe Unchained price prediction for 2025? Read this blog post for detailed explanation.
Where to Buy Pepe Unchained?
Pepe Unchained is available for buying on several DEXs and CEXs. Among all exchanges, the highest PEPU volume is on the Uniswap DEX, where it accounts for 40.41% of the entire volume. On Uniswap, it trades as a PEPU/WETH pair. MEXC, Bing X, BitMart, and LBank are a few CEXs where it trades, with BingX having the second highest volume (27.06%) after Uniswap. The other exchanges worth mentioning are WEEX and SuperEx.
How to Buy Pepe Unchained on its Website?
To buy the coin, you can also go to the official website which provides an interface to buy PEPU on Uniswap. You need to have a wallet like MetaMask first and then add ETH, USDT, or BNB to this wallet. Once you are loaded, simply connect your wallet to the interface. Enter the amount of your crypto with which you want to buy Pepe Unchained. Click Claim Your PEPU. A number of tokens like ETH, 1inch, Aave, Amp, BOBA, BUSD, DAI, Floki, etc. are available for staking on the website.
Block Explorer
Whatever happens on the Pepe Unchained network can be tracked via its block explorer. Users can track transactions, smart contracts, blocks, average block time, and other parameters here. Go to Pepuscan to view the explorer.
For more details about this meme coin, you can read this coin’s whitepaper here.
Disclaimer
This article is for informational purposes only and is NOT a financial advice. We do not promote, in any form, any cryptocurrencies or tokens mentioned herein. The content of this article is based on the information available up to the knowledge. You should be aware that investing in any cryptocurrency is subject to market risk and you MUST do your own due diligence (DYOR) before you put any money in any of the coins.