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New Pepe rival Pepe Unchained ($PEPU) has skyrocketed to a market cap of $200M and delivered more than 3x returns to presale investors after listing yesterday.
Strong price action in the Asia session saw $PEPU revisit the all-time high printed yesterday at $0.02614. It was priced at $0.023 at the start of the European session, 125% above its decentralized exchange (DEX) local lows around $0.009991. In stage 1 of the presale, savvy traders were able to snap up the $PEPU token for a low price of $0.008.
Impressively, $PEPU’s $27 million trading volume is outpacing the launch tallies of the likes of Mog Coin and SPX6900, in a super bullish signal for Pepe Unchained’s race to a $1 billion market cap valuation – Mog Coin today has a market cap of $1.3 billion.
Centralized Exchange Listings Are Imminent – Coinbase, Binance, OKX?
Those initial volume numbers will catch the eye of top centralized exchanges (CEX), who are falling over each other to grab a slice of the ever-expanding meme coin trading pie.
Coinbase has been losing out on the meme coin action and may be particularly eager to list $PEPU before Binance shows up. Either way, look out for CEX listings coming soon.
The token holder count has exploded to 41,800, only 5,000 behind Mog Coin – a coin that has been trading for a year. It is an astounding achievement for a meme coin at this early stage in its life cycle.
The $4 million liquidity pool is locked for 11 months, so you can rest assured that this project will be sticking around for the long-term.
Debuting less than 24 hours ago, $PEPU is a top trending coin on CoinMarketCap, ahead of bitcoin and has been topping the charts on DEXex trading sites too, staking its claim to be the meme coin of the moment.
On Dexscreener Pepe Unchained continues trending at No.1 for the Ethereum chain:
With more than 100,000 followers on X and Telegram combined, the new Layer 2 project is set-up to give the top meme coins a run for their money, not to mention other Layer 2s such as Arbitrum and Optimism.
Focused on the meme coin market, $PEPU buyers are waiting with bated breath for the launch of the Pepe Unchained Pump Pad no-code two-click meme coin launcher that will do for Ethereum what Pump.fun has done for Solana.
Pepe Unchained Is A Layer 2 Blockchain Ecosystem That’s Ready To Roll
The PEPUswap DEX and the PEPUbridge are up and running. That is no mean feat and probably means that Pump Pad won’t be too far behind.
Degens are aping into $PEPU because they know that Pepe Unchained isn’t just offering a new spin on Pepe, it is providing the first blockchain to enable the rapid creation and deployment of meme coins on Ethereum.
$PEPU’s Layer 2 will be 100x faster than Ethereum and comes with super-cheap low transaction fees.
As massive as the Pump Pad value proposition is, the Llayer 2 architecture opens the door to building and applications a developer might dream up. Pepe Unchained is a full-blown blockchain ecosystem, with block explorer and gitbook with in-depth guides for developers and novices, development grants, DeFi staking – you name it, Pepe Unchained has got it covered.
The Pepu website just got a major upgrade!
— Pepe Unchained (@pepe_unchained) December 10, 2024
• Full overview of the Pepu Ecosystem links
• Gitbook with in-depth guides for Developers & Novices
• Seamless Uniswap Buy Widget
And this is just the start. The future of meme coins is here.
Pepu is officially unchained! pic.twitter.com/X6VCNTX3C1
First and foremost, meme coins stand or fall on the strength of their community building. The Pepe Unchained team has demonstrated its prowess in that department with the biggest presale fundraise of the year at $74 million and a flawless launch that is winning plaudits from the community and beyond.
Having already tested the $200 million market cap level, it won’t be long before it makes a decisive break above it. FOMO is spreading across the cryptoverse, from YouTube to X.
Is Elon Musk watching $PEPU? That’s certainly one interpretation of his amphibian-related activity on X yesterday in the run-up to the much-talked-about Pepe Unchained launch:
Elon Musk (@elonmusk ) reposted an image of Pepe 7 minutes after the launch of Pepe unchained. He makes multiple references to Pepe to coincide with today's token launch. Apparently, the rumors were true.#PEPU $PEPU pic.twitter.com/tGJ7YtirDE
— Lunashiko gg™ 🇯🇵 (@LUNADEATH5) December 10, 2024
Elsewhere, YouTube channel Cilinix Crypto with 84k subscribers congratulated its audience on the gains made for those who bought in, predicting more to come for the innovative project.
$PEPE Price Prediction – PEPU Hit New ATH, Next Stop $0.040?
As the 24-hour trading volume continues to climb, any price dips are being gobbled up by buyers as the price trends higher. Bulls are targeting $0.040, which would represent an 86% appreciation on the current price, as shown in the 30-minute candles chart below.
The strong launch performance of $PEPU has been striking given the general market conditions, which saw many coins, including meme coins, suffering significant drawdowns. However, those who bought the dip will be smiling as the market recovers. Bitcoin is back above $98k and Dogecoin is returning to $0.40. Pepe is down 7.4%, perhaps because of rotation out of the OG frog coin into $PEPU.
Markets are waiting for the US CPI inflation figures to land at 1:30 UTC, to gauge whether interest rate cuts by the Fed were still on track.
As a result, whales and other market participants may be keeping their powder dry until the news is out. Inflation is expected to creep up by 0.1%, keeping rate cuts on the table. Rate cuts are seen as supportive for risk assets like cryptocurrency.
Whatever happens on inflation, $PEPU price action can be expected to heat up as bulls re-enter the fray with conviction. Sturdy support is being established at current price levels in the $0.0213 region. The correction seen elsewhere has abated and that will add to the price momentum behind $PEPU.
Depending on progress today, the Pepe Unchained token price may kill a zero before the weekend is upon us.
Chart caption: PEPU/WETH 30-minute candles, Wednesday, December 11, 2024, DEXtools
Pepe Unchained Is Just Getting Started – Pepe Pump Pad Could Soon Rake In Hundreds Of Millions In Revenue
Pepe Unchained could soon be worth hundreds of millions of dollars when the Pump Pad fees start rolling in. To judge how realistic that is, Pump.fun is forecast to pocket fee revenue in excess of $400 million this year alone.
If you are reading this article on its day of publication it means you are still very early – there’s no better time to buy for potential 100x returns.
Pepe Unchained has launched its very own Uniswap equivalent, PEPUswap. Trading pools are now live on both PEPUswap and Uniswap.
Be sure to have the correct contract address: https://etherscan.io/token/0xadd39272e83895e7d3f244f696b7a25635f34234
For those who haven’t claimed their coins from the presale, visit this link: https://pepeunchained.com/en/claim
Join Pepe Unchained’s vibrant and highly engaged community on X (73.5k followers) and Telegram (30k members).
Copycats are around, so beware of scammers – use the correct contract address for the $PEPU token. The project’s smart contract is fully audited by SolidProof and no critical issues have been found.
For more on $PEPU, go to the Pepe Unchained website and read the whitepaper.
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