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Cryptocurrency News Articles

Pepe Unchained ($PEPU) Launches Its Layer 2 Pepe Pump Pad, Poised To Retest All-Time High

Feb 04, 2025 at 01:18 am

Pepe Unchained ($PEPU) has launched its Layer 2 Pepe Pump Pad, aiming to do for Ethereum what Pump.fun did for Solana, sending its price surging.

Pepe Unchained ($PEPU) Launches Its Layer 2 Pepe Pump Pad, Poised To Retest All-Time High

Pepe Unchained ($PEPU) has launched its Layer 2 Pepe Pump Pad, a platform that aims to do for Ethereum what Pump.fun did for Solana, potentially adding billions of dollars to the $PEPU ecosystem.

At the time of writing $PEPU is up 6.5% in the past hour and 70% on a seven-day view, as bulls prepare for today’s Pump.pad launch.

Pepe’s Pump Pad leverages Pepe Unchained’s Layer-2 capabilities, offering lightning-fast transactions at significantly lower costs while also benefiting from the security of the highly decentralized Ethereum network.

Given the phenomenal success of Pump.fun, which exploits the transaction speed and cheapness of the Solana network to transform the meme coin space, now Pump Pad will do the same for Ethereum in what could be a game-changer, helping Ethereum to maintain its position as the most important smart contract platform in crypto.

To get an idea of the multi-billion dollar opportunity for Pepe’s Pump Pad, look no further than the adoption metrics of Pump.fun.

Solana’s Pump.fun Highlights Why Pepe’s Pump Pad Is A Multi-Billion Dollar Opportunity

Pump.fun has undergone explosive growth since its launch a year ago, with over 6 billion token launches. Pump.fun today accounts for 56.7% of all Solana decentralized exchange (DEX) transactions.

In a further indication of its strong traction, 13 million wallets are interacting with the platform.

Pump.fun generates substantial cash flow from the fee revenue it earns on transactions. It earns 1% on every transaction which enables it to earn at least $400 million in annual revenue.

Recent trading volumes for Pump.fun are as follows (as per Messari data):

Pump.Pad Trumps Pump.Fun With Built-In Anti-Rug Security And Zero Buy/Sell Taxes

However, it is not all plain sailing for Pump.fun. Although it is easy to spin up a coin on the platform, only a small percentage of tokens ‘graduate’ to the Raydium DEX, which suggests there is a persistent and probably unresolvable challenge in generating long-term value for token creators.

Furthermore, 98.5% of tokens never progress to list on Raydium. As the number of token creations continues to grow, that ‘dead’ rate could climb still higher.

There are also issues with the quality of the tokens being launched on Pump.fun, not to mention problems with fraud, as it continues to attract scammers by the bucketload.

The team at Pepe’s Pump Pad is aware of these issues and has designed its two-click no-code launcher to go one better than Pump.fun by implementing anti-drug security.

On Pump.pad liquidity is locked by default, which means developers cannot run off with traders’ funds. What’s more, Pump.pad prevents the implementation of buy and sell taxes, preventing another vector for possible scams.

With these protections in place to stop malicious activity, users will be able to trade in the knowledge that the platform works hard to secure the safety of its traders.

Perfection. 🐸💚 pic.twitter.com/ZirDnoPd5Q

Pepe’s Pump Pad Launch Boosts The $PEPU Price

To remind those who are just catching up, Pepe Pump Pad allows users to create their own meme coins without requiring coding knowledge, tapping into a trend that is expected to extend the supercycle seen last year into this year.

Pepe Unchained’s Layer-2 solution provides the perfect avenue for the high-frequency, low-cost trading that meme coins demand. Additionally, its underlying Layer-1 on Solana offers a more secure platform.

$PEPU’s all-time high was chalked up on 13 December 2024 at $0.06858, for a market capitalization of more than $400 million.

As of writing, $PEPU is trading at $0.02062 for a market cap of $162 million. The firmness of the $PEPU price on a day when there is blood on the screen is no mean achievement and smart investors will not have missed this bullish signal.

Getting Started With Pump.Pad

To get started with Pump.pad first, you’ll have to bridge your $PEPU over to the Layer 2 using Pepu Bridge

Here’s the link: https://pepubridge.com. Make sure your wallet supports custom networks.

Wallets with Custom Network Support:

Do not use these wallets:

As the Pepe Unchained website points out, users are ultimately responsible for checking that their wallet supports custom networks before performing the bridging operation.

In the unlikely event that you run into any issues, there’s a detailed troubleshooting help page here:

On the bridging page, you will be able to add the Pepe Unchained

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!

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Other articles published on Feb 04, 2025