Cryptocurrencies

    Pepe plunges 20% amid meme coin market crash

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    Pepe (CRYPTO:PEPE) has plummeted by over 20% amid a broader decline in the meme coin market, facing its lowest levels since May 20.

    Despite these setbacks, a new player called Pepe Unchained (PEPU) is gaining attention for its innovative approach to meme coin scalability.

    Pepe Unchained offers a layer-2 scaling solution aimed at enhancing speed and reducing fees for meme coin transactions, challenging Ethereum's congestion issues.

    With features like a double staking app offering high yields, Pepe Unchained has garnered significant interest, raising $2.2 million in its presale phase and attracting thousands of followers on social media.

    As traditional meme coins struggle, Pepe Unchained's technological promise and community-driven approach position it as a potential standout in the evolving landscape of digital humor tokens.

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