The move to make the sharpest frog in crypto also the fastest is well underway, as Wall Street Pepe (WEPE) has now burned more than 4 billion tokens.

This burn is part of the project’s Solana migration plan, which gradually shifts the fixed supply from Ethereum (ETH) to Solana (SOL) through Ethereum-side reductions. 

With over 2% of Ethereum’s supply already gone, the mechanism is doing exactly what it was designed to do and it will keep running even after the Token Generation Event (TGE) as Wall Street Pepe becomes a fully multichain project.

For now, the early access stage remains open. That gives Solana fans a chance to secure allocations on the faster chain ahead of TGE and position themselves before the launch goes live.

Wall Street Pepe Shifts From Whale-Dominated Ethereum to a Fair Field for the WEPE Army in Solana

Solana has meme coin launchpads that Ethereum simply can’t match, especially at the meme-native level where Solana has become the epicenter. 

Platforms like Pump.fun and LetsBonk let anyone, even without coding knowledge, launch the next viral meme coin. Ethereum doesn’t offer that same kind of fair, open access, which makes the move to Solana a smart and community-first move for Wall Street Pepe.

Since its presale days, Wall Street Pepe has been all about beating the whales at their own game.

And Ethereum can feel like a chain that mostly serves its OG whales, the early adopters sitting on millions from tokens they picked up years ago, with enough weight to bend the ecosystem to their advantage. 

Solana, by contrast, gives retail investors a level playing field through these more democratic launchpads, while also offering far lower transaction costs – and that aligns directly with what WEPE represents.

Now, with over 4 billion tokens burned, the transition to becoming a fully Solana-based project is accelerating. 

The burn mechanism ensures that while WEPE currently exists on both chains, no holder is diluted in the process. 

Over time, the total supply will remain capped at 200 billion, but demand-driven burns will continue to chip away at Ethereum’s share, potentially putting upward pressure on price as the migration plays out.

Burn-Driven Scarcity Builds Value Ahead of Solana Launch

The amount of tokens burned in just three weeks since the Solana migration began is a strong signal of demand from true-to-core WEPE holders who want to see their token thrive on Solana.

This early access phase could set the stage for long-term price appreciation, as each purchase reduces Ethereum’s supply and builds future buy pressure that will eventually shift to Solana once the launch goes live. 

With the SOL version not yet fully unlocked, the shrinking Ethereum supply only makes what’s left more valuable and the community can be just as instrumental in building that value. 

They’ve already proven their strength through creative initiatives that expand the ecosystem. The 5,000-piece NFT collection, for instance, wasn’t developed by the project team but by community members themselves, showing how deeply engaged the frog army is in shaping Wall Street Pepe’s future.

In fact, on OpenSea, the collection has already generated about 7.88 ETH in secondary sales volume since launching around the same time as the SOL WEPE early access.

So with the shift to Solana aligning perfectly with WEPE’s principles of fairness and retail power, this growing community shows it is well equipped to push WEPE’s value higher – and to prove to every whale that the army is twice as strong.

How to Secure WEPE SOL

SOL WEPE is still available in early access, giving investors the chance to secure allocations before the TGE. Tokens remain priced at $0.001 through the official Wall Street Pepe website.

For a smooth purchase and claim process, the WEPE Army recommends Best Wallet, one of the best crypto and Bitcoin wallets, available on both Google Play and the Apple App Store.

Stay plugged in with the Wall Street Pepe community on X, Telegram and Discord.

Visit Wall Street Pepe.

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Akriti Seth
Akriti Seth
Senior Editor

Akriti Seth is a Zurich-based Business Journalist and Crypto Editor. Her passion for journalism has taken her across the globe – from thriving as an on-television correspondent to writing engaging articles, she has worked for companies like Informa UK, Bloomberg... Read More

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