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Cryptocurrency News Articles
Pepe the Frog Cryptocurrencies Multiply as Sunpepe Soars 2,282% This Week, Pepe Unchained Raises $10M
Aug 26, 2024 at 09:09 pm
The rise of Pepe-themed cryptocurrencies continues – Tron-based sunpepe has soared over 2,000% this week. Meanwhile, Pepe Unchained, a Pepe-themed token with its own blockchain, is backed for similar gains.
A new wave of meme coins is emerging, but not on the platforms you might expect.
While meme coins have largely been associated with Ethereum and Solana, a new frontier is forming on the outskirts of the blockchain realm – the Tron network.
It began with the launch of SunPump, Tron’s response to Solana’s Pump.fun, a high-risk trading app where investors can bet on brand-new meme coins.
While most lose money, the concept has captivated traders, leading them to various facets of the Tron ecosystem.
One of the biggest earners has been Sunpepe, a token inspired by Ethereum’s Pepe coin, which has surged by a massive 2,282% in the past week.
Sunpepe currently has a market cap of $4.1 million and 24-hour trading volume of $19 million.
However, analyst Giga anticipates more gains, speculating that SUNPEPE could do a 10x.
The analyst highlights its potential as the “Pepe face of Tron” and suggests that if successful, it could even achieve 25x gains.
Meanwhile, the Sunpepe X account proudly announced that it was trending number one on DEXTools, indicating a strong market interest in its “Pepe on Tron” juncture.
Despite Sunpepe’s low market cap, its high trading volume has quickly caught the attention of investors, demonstrating the power of the Pepe brand.
Another meme coin capitalizing on Pepe’s magnetic allure is Pepe Unchained, which will be the first Pepe crypto to have its own blockchain.
It is currently available to buy at a presale, which has seen over $10 million raised so far and has sparked discussions among analysts.
Pepe Unchained is not just another new viral Pepe alternative; it’s also building an Ethereum layer 2 blockchain.
And not just any chain – a proper one with lower fees and 100x faster speeds than Ethereum, offering staking, a dedicated bridge, a block explorer, and the freedom for developers to build anything they want.
For example, they could make a Pepe Unchained version of pump.fun (PepeFun?).
An analyst thinks it “could soar up to 100x” after launching on exchanges.
“They’re building a blockchain dedicated to fostering meme coins and retail investors that want to make serious gains – it is something very exciting.”
Investors can buy $PEPU at a ground floor price of $0.0093105.
The price will increase throughout the presale, with the next increment in just over one day.
So, if you want to get the most bang for your buck, you better act quickly.
The presale accepts payments in ETH, BNB, USDT, and bank card.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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