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Cryptocurrency News Articles
Pepe Unchained (PEPU) Surges 145% Post-Launch, Capturing 50% of Pepe's Trading Volume With Its Smart Blockchain Ecosystem
Dec 12, 2024 at 11:56 pm
Pepe Unchained (PEPU) is off to a blistering start after launching on decentralized exchanges. On its first day, it has jumped 145% to a $180 million market cap.
Pepe Unchained (PEPU) has enjoyed a stellar start on decentralized exchanges following its highly anticipated launch. In just one day, the token has soared by an impressive 145%, boasting a market capitalization of $180 million.
This remarkable surge has propelled PEPU to claim a striking 50% of Pepe’s on-chain trading volume, signaling early indications of a formidable rivalry. As the dust settles, the burning question on every crypto enthusiast's mind is: How far can Pepe Unchained go?
According to crypto.news analysis, Pepe Unchained's on-chain trading volume is an astonishing $21.5 million, while Pepe's on-chain trading volume stands at a mere $41 million. This disparity is particularly bullish for Pepe Unchained considering that its market capitalization is a fraction of Pepe's.
Its high trading volume also indicates a strong market appeal, suggesting that buyers are poised to flock as PEPU secures listings on centralized exchanges. This market appeal is further evident on the on-chain analytics platform DEXScreener, where Pepe Unchained is currently the number one trending token.
The meme coin with its own blockchain
Crucial to Pepe Unchained's potential for price appreciation is its compelling use case. While Pepe boasts a market capitalization of $9.5 billion and Dogecoin stands at an impressive $57 billion, both lack significant utility.
In stark contrast, Pepe Unchained aspires to construct an entire ecosystem. While riding the wave of the Pepe coin hype, the project's ambitions extend far beyond.
The initiative entails launching the first Pepe-themed Ethereum layer 2 blockchain, promising speeds 100 times faster and at a fraction of the cost compared to the main network. Additionally, it will boast an array of features including a no-code meme coin launchpad, staking, a block explorer, a dedicated Ethereum bridge, and more.
Thanks to the Pepe Pump Pad, Pepe Unchained could rapidly evolve into a thriving ecosystem, with the PEPU token serving as the linchpin of the entire operation.
Set to hit Tier-1 exchanges
As Pepe Unchained secures exchange listings and with its strong trading volume, it appears that investors are eager to get their hands on this new token.
Typically, listings on centralized exchanges have a very positive impact on price action. For example, Peanut the Squirrel became the fastest meme coin to reach a $2 billion market cap following its Binance listing last month.
It remains to be seen whether Binance, Coinbase, or perhaps even Robinhood will be the first to list PEPU. However, one thing is for certain: Whichever exchange secures the listing rights will witness a surge in on-platform trading activity for this viral token.
Fred crypto says PEPU can hit $1. Here's our price prediction
Given all of the above, it's hardly surprising that high-profile traders are predicting big gains for Pepe Unchained.
Austin Hilton, who has been following PEPU since day one, reminded his 350k YouTube subscribers of his support, teasing that its success will only amplify in the coming months.
Just before the presale concluded, Fred Crypto suggested that PEPU could 90x. Based on its current price of $0.01295, that would propel PEPU to a price ranging from a low of $0.135 to a high of $1.1655 by the end of 2025.
This would equate to a 48x gain from its current price. Meanwhile, analysts from ICOBench predicted Pepe Unchained could reach a more modest estimate of $0.135 by the end of 2025.
It's worth noting that this prediction was made prior to Pepe Unchained's strong presale launch. Given its out-of-the-gate success, analysts will undoubtedly be revising their projections further upwards.
With that in mind, our Pepe Unchained price prediction targets a potential low of $0.135 and a potential high of $1.1655 by the end of 2025.
Currently, Pepe Unchained has a market cap of 1.9% the size of Pepe’s. It will be interesting to see how the market adjusts to a new Pepe alternative with its own blockchain.
While Pepe Unchained has surged by 145% today, Pepe has decreased by 6.6%.
How to claim and buy Pepe Unchained
With Pepe Unchained's ICO now complete, presale participants can claim their tokens via the Pepe Unchained website. For those still looking to buy, you can do so through the DEX widget on the project's website or using Uniswap or Best Wallet.
Follow Pepe Unchained on X or join its Telegram for updates. To learn more about Pepe Unchained, visit the official website
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