Pepe Layer 2 meme coin Pepe Unchained ($PEPU), the largest meme coin ICO of the year, debuted on Uniswap today and immediately rocketed to a $161 million market capitalization as the price soared 44.8%.
By press time, the price had reached $0.02024, as the appetite for Layer 2 coins led to a bounce back in prices after yesterday’s dip in crypto markets.
Pepe Unchained’s Layer 2 blockchain will transform it into a meme coin launchpad powerhouse when its Pepe Pump Pad begins its rollout. It will generate no-code one-click meme coin to the Ethereum blockchain without exorbitant fees and slow transaction speeds.
$PEPU began trading at 2 p.m. UTC on decentralized exchanges, and the team says the debut will be quickly followed by centralized exchange (CEX) listings.
Pepe is now officially Unchained! 🐸
Trading is live at: https://t.co/ebBKqUAVHr
Dextools: https://t.co/7D9fNcuG3h pic.twitter.com/I6PQc7BQEQ
— Pepe Unchained (@pepe_unchained) December 10, 2024
Trading-pair liquidity is $3.8 million, locked for 11 months, while trading volume zoomed to $5 million within the first few minutes of trading.
Although profit-taking by presale buyers did kick in, the price has rebounded from an enticing entry-level at around $0.0097. This shows strong support above the presale Stage 1 price level. In fact, $PEPU is now trading back above its listing price and headed toward new highs.
DEX Trading Goes Live: Here’s Everything You Need To Join $PEPU
Pepe Unchained has launched its very own Uniswap equivalent, PEPUswap. Trading pools are now live on both PEPUswap and Uniswap.
Here are the key links to get started with $PEPU:
Claim Page: https://pepeunchained.com/en/claim
PEPUswap Pool: https://pepuswap.com/
Liquidity Lock (11 months): https://app.uncx.network/lockers/univ3/chain/1/address/0x3ebec0a1b4055c8d1180fce64db2a8c068170880/lock/0xfd235968e65b0990584585763f837a5b5330e6de802
PEPUbridge: https://pepubridge.com/ Easily move between chains with Pepe’s secure bridge solution.
Dexscreener: https://dexscreener.com/ethereum/0x3ebec0a1b4055c8d1180fce64db2a8c068170880
Be sure to have the correct contract address: https://etherscan.io/token/0xadd39272e83895e7d3f244f696b7a25635f34234
Meanwhile, on CoinMarketCap, Pepe Unchained secured a pre-approval listing even before it started trading on Uniswap. It was even trending on the CMC community feed:
$PEPU is also trending at No.1 on Dexscreener:
Pepe Unchained Could Dominate As Frog Coins Remain The Only Green-Trading Meme Coins
This year’s upgrades to the Ethereum blockchain have made building and running Layer 2 networks atop the main settlement chain easier.
Despite Solana’s pretensions, Ethereum is still the number one commercial rail in crypto, and its Layer 2s, like Optimism, Arbitrum, Base, and now Pepe Unchained, have changed the game regarding scalability.
In a show of strength that bodes well for $PEPU, the No.3 meme coin, Pepe, was the only top meme coin trading in the green at the start of the European session.
And when Elon Musk invokes frog images when retweeting about the wonders of creating memes super fast using Grok, the folks at Pepe Unchained know they are onto something.
In a way, it is an endorsement of Pepe Unchained’s work. With its Pump Pad launcher, you can turn that Grok-created image into a living, breathing, croaking meme coin. Two clicks, and you’re done.
Create awesome memes super fast using Grok!
Just tap on the square with the slash. https://t.co/kT0Bk2odcX pic.twitter.com/o41mUudbzr
— Elon Musk (@elonmusk) December 10, 2024
Ethereum Needed a Pump.fun – Screw Vitalik, Pepe Unchained Is Here To Deliver
Despite the temporary weakness in the meme coin market, which has been down 12% in the past 24 hours, the team has clearly made the right choice in picking Pepe for the Layer 2 treatment.
As mentioned earlier, Layer 2s are the best-performing sector today as token prices look to recover from the recent dip.
The Pump.fun launchpad has been a roaring success in the Layer 1 Solana ecosystem. Thanks to its robust Layer 2 technology, Pepe Unchained will do the same for Solana on Ethereum.
Pump.fun has earned around $150 million in fees in the past six months. Recent platform changes mean creating new coins is free, with the first token buyer paying the charge. Pump.fun earns a 1% fee on all trades.
Pump.fun is forecast to earn $400 million in fees this year. Pepe Unchained’s Pump Pad’s revenue model details will be announced soon.
Pepe Unchained ($PEPU) Could Be The Biggest Meme Coin ICO of 2024
Valued at $10.6 billion, Pepe is the third-largest meme coin in the sector, with the fourth-placed coin Dogwifhat at $2.9 billion. The excitement surrounding the Pepe Unchained presale attracted contributions totaling $74 million.
Its robust funding foundation means that it is well-placed to pick up top-tier centralized exchange listings. The team has not indicated which CEXs will be listed first, but the staggering first-day trading volume augurs well.
The funds raised have been working hard for token holders. Since December 6, a Times Square ad has been playing every 6 minutes, adding to the FOMO.
We are ready. Are you? pic.twitter.com/xFddvk7FrU
— Pepe Unchained (@pepe_unchained) December 6, 2024
New Pump.Fun Meme Coin Deployer Pepe.Pad Has Unique Anti-Rug Technology
Pepe Unchained is no vaporware. On the contrary, the devs released a video as far back as September 26, showing the ecosystem going through its paces.
Block Explorer, DEX, and Bridge were all on display, so token buyers can expect a product launch soon, adding yet more excitement to the amphibian project. The Pepe Unchained Layer 2 has been audited, and no critical issues have been found.
A nice touch is that Pump Pad has anti-rug security built in from the get-go. By default, liquidity is locked, so developers cannot withdraw funds. Buy-and-sell tax cannot be implemented on the system either.
$PEPU is headed for the top 10 status with a utility package that leaves other meme coins behind in the dust as it targets that hottest sub-sector in meme coins – launchpads.
With promised transaction speeds that will be 100x faster than Ethereum and way cheaper, too, not to mention a lack of competition, Pepe Unchained could see a wall of liquidity flowing its way from the second-largest cryptocurrency.
Pepe Unchained L2 Sneak Peek!
What we're building is not just a new chain, but an entire ecosystem.
🐸Pepe Unchained L2
🐸Block Explorer
🐸DEX
🐸Bridge
🐸Advanced Analytics
🐸Builder GrantsPepe Unchained is coming. And it's going to shake up the crypto space. pic.twitter.com/ZVnvgO6MGF
— Pepe Unchained (@pepe_unchained) September 26, 2024
Pepe Unchained’s community is growing fast on X (73,500 followers) and Telegram (29,210 members), so join up today to keep up to date with the latest greatest meme coin sensation.
Be sure to use the correct contract address for the $PEPU token at launch. Unfortunately, all viral projects have to contend with fraudsters. SolidProof fully audits the project’s smart contract.
For more information, check out the Pepe Unchained website and whitepaper.
EXPLORE: 17 Best Crypto to Buy Now in 2024
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In This Article
- DEX Trading Goes Live: Here's Everything You Need To Join $PEPU
- Pepe Unchained Could Dominate As Frog Coins Remain The Only Green-Trading Meme Coins
- Ethereum Needed a Pump.fun – Screw Vitalik, Pepe Unchained Is Here To Deliver
- Pepe Unchained ($PEPU) Could Be The Biggest Meme Coin ICO of 2024
- New Pump.Fun Meme Coin Deployer Pepe.Pad Has Unique Anti-Rug Technology
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