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Cryptocurrency News Articles

Pepe Unchained Launches Competitor To Solana's Pump.Fun

Nov 07, 2024 at 08:43 pm

The fact that Pepe Unchained wants to establish a new meme coin ecosystem is common knowledge. Its Layer-2 ecosystem, comprising of an L2 chain, custom DEX, block explorer and cutting-edge advanced analytics tools, has already contributed significantly to the hype around the project.

Pepe Unchained Launches Competitor To Solana's Pump.Fun

After Donald Trump’s historic victory at the polls, the crypto market has shown signs of a major bull run.

Bitcoin has already hit a new all-time high of $75,300, Solana, and Dogecoin have also seen strong gains, and investors are now searching for the next 100x crypto.

Unsurprisingly, one of the hottest presale tokens of 2024, Pepe Unchained (PEPU), has hit another major milestone following Trump’s win, surging past the $25 million mark in its ICO.

With whales continuing to stack PEPU, it is giving all indications of being the next meme coin to explode.

Pepe Unchained Launches Competitor To Solana’s Pump.Fun

It is common knowledge that Pepe Unchained wants to establish a new meme coin ecosystem.

Its Layer-2 ecosystem, comprising of an L2 chain, custom DEX, block explorer and cutting-edge advanced analytics tools, has already contributed significantly to the hype around the project.

However, the project has now announced its own meme coin launchpad, called Pepe Pump Pad.

Solana’s Pump.fun has been a resounding success, with over $100 million in revenue, 90,000+ daily active users and several successful project launches. For instance, the $715 million Goatseus Maximus (GOAT), the $180 million Moo Deng (MOODENG) and the $240 million Michi were all launched on it.

Pump.fun has even announced an upgraded version of its platform, Pump Advanced as well as a new token.

Solana’s excellent scalability, low trading costs and instant transactions have made it the breeding ground for new meme coins. On the contrary, Ethereum has become largely sidelined, with even blockchains like Sui and Base creating more of a buzz in the meme coin sector.

However, the Ethereum network is poised for a comeback, led by blue-chip coins like Pepe and Floki. In such a scenario, Pepe Unchained’s Pump Pad could emerge as Ethereum’s version of Pump.fun, making it a major player for the upcoming meme coin supercycle.

Pump Pad is a two-click meme coin launchpad. Builders with creative ideas no longer need a developer team or any technical skill. More importantly, it is built on the Pepe Unchained L2, which means that the new tokens will also offer extremely low trading fees, instant transactions and anti-rug pull security.

Interested builders can also take advantage of Pepe Unchained’s developer grants, which are available for elite builders with unique ideas. Interested applicants can fill out the “Pepe Frens With Benefits” form here.

Investors who aren’t interested in launching a meme coin of their own should also keep an eye on Pump Pad. Considering the insatiable demand for low-cap meme coins, it wouldn’t be a surprise if they bag the next 100x gem on the new launchpad.

Whales Continue To Stack PEPU

The strong whale interest in Pepe Unchained is driving its impressive presale funding. From the very start of its ICO, whales have been stacking PEPU, with one deep-pocketed investor purchasing $200k worth of meme coin back in July.

Since then, whales have remained extremely bullish on the meme coin, largely due to its utility-driven nature, strong fundamentals and multiple security audits. The ever-appealing Pepe The Frog packaging certainly helps.

Following Donald Trump’s victory, another whale swapped nearly $78k worth of ETH for PEPU, data from Etherscan reveals.

The strong whale interest is one of the key reasons why crypto influencers believe Pepe Unchained is one of the next meme coins to explode.

News source:finbold.com

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Other articles published on Nov 08, 2024