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Showing posts with the label gas fees

Pepe Unchained Unveils Developer Grants To Build On Upcoming Layer 2 

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After surpassing $12.6 million in presale funding on Wednesday, Pepe Unchained ($PEPU) made another splash with a developer grant announcement on X (formerly Twitter) to start building its ecosystem. This move will enable developers to test the capabilities of Pepe Unchained’s proprietary blockchain, which is anticipated to enhance transaction speeds by up to 100 times that of Ethereum. It will also offer significantly lower gas fees while maintaining security via its Layer 1 in Ethereum. Following the announcement, the Pepe Unchained presale attracted an additional $150,000 in capital on Thursday, raising its total to $13.86 million. However, investors looking to boost it to $14 million before the weekend have less than 48 hours to purchase $PEPU at $0.00981, as the price is set to increase to $0.00982 with the start of the next funding round. $PEPE, Meet $PEPU’s Little ‘Frens’ If Pepe Unchained’s predecessor, Pepe (...

Stablecoin Issuer Tether Announces Launch of USDT on Aptos (APT) Network

The firm behind the largest US dollar-pegged stablecoin by market cap will soon be launching on another layer-1 blockchain. According to a new announcement from Tether, USDT will soon be available on Aptos (APT), a high-speed Ethereum (ETH) rival blockchain built for scalability. “Tether, the largest company in the digital assets industry, today announced that they will soon be launching U.S. dollar-pegged Tether tokens (‘USDT’) on the Aptos Network. This integration is part of Tether’s broader strategy to make digital currency more accessible and useful globally, capitalizing on Aptos’ advanced blockchain technology and exceptional speed and scalability… Recent data highlights significant ecosystem growth; average daily active users increased from 96K in January to 170K in July of 2024. Additionally, a record-breaking 157 million transactions were processed in a single day in May 2024.” Aptos utilizes a Proof-of-Stake (PoS) consensu...