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Pepe Layer 2 meme coin Pepe Unchained ($PEPU), the biggest meme coin presale of the year, launched on Uniswap today, soaring 45% to hit a market cap of $161 million.
By press time the price had reached $0.02024 as the appetite for Layer 2 coins finds them leading the bounce back in prices after yesterday’s dip in crypto markets.
Pepe Unchained’s Layer 2 blockchain will turn it into a meme coin launchpad powerhouse when its Pepe Pump Pad begins its roll out. It will bring no-code one-click meme coin generation to the Ethereum blockchain, but without the exorbitant fees and the slow transaction speeds.
$PEPU began trading at 2pm UTC on decentralized exchanges and the team says the debut will be quickly followed by centralized exchange (CEX) listings.
Pepe is now officially Unchained! 🐸
Trading is live at: https://t.co/ebBKqUAVHr
Dextools: https://t.co/7D9fNcuG3h pic.twitter.com/I6PQc7BQEQ
— Pepe Unchained (@pepe_unchained) December 10, 2024
Trading-pair liquidity is $3.8 million, locked for 11 months, while trading volume zoomed to $5 million within the first few minutes of trading.
Although profit-taking by presale buyers did kick in, the price has rebounded from an enticing entry price level at around $0.0097. It shows there is strong support above the presale Stage 1 price level. In fact, $PEPU is now trading back above its listing price and headed toward new highs.
Pepe Unchained Claims And DEX Trading Go Live
Pepe Unchained has launched its very own Uniswap equivalent, PEPUswap. Trading pools are now live on both PEPUswap and Uniswap.
Key Links:
Claim Page: https://pepeunchained.com/en/claim
PEPUswap Pool: https://pepuswap.com/
Uniswap: https://app.uniswap.org/swap?outputCurrency=0xadd39272E83895E7d3f244f696B7a25635F34234&chain=ethereum
Liquidity Lock (11 months): https://app.uncx.network/lockers/univ3/chain/1/address/0x3ebec0a1b4055c8d1180fce64db2a8c068170880/lock/0xfd235968e65b0990584585763f837a5b5330e6de802
PEPUbridge: https://pepubridge.com/ Easily move between chains with Pepe’s secure bridge solution.
Dextools: https://www.dextools.io/app/en/ether/pair-explorer/0x3ebec0a1b4055c8d1180fce64db2a8c068170880?t=1733839352516
Dexscreener: https://dexscreener.com/ethereum/0x3ebec0a1b4055c8d1180fce64db2a8c068170880
Be sure to have the correct contract address: https://etherscan.io/token/0xadd39272e83895e7d3f244f696b7a25635f34234
Meanwhile on CoinMarketCap Pepe Unchained secured a pre-approval listing even before it started trading on Uniswap. It was even trending on the CMC community feed:
$PEPU is also trending at No.1 on Dexscreener:
Pepe And Pepe Unchained Are The Only Frog Cryptos In The Green
This year’s upgrades to the Ethereum blockchain have made it easier to build and run Layer 2 networks atop the main settlement chain.
Despite Solana’s pretensions, Ethereum is still the number one commercial rail in crypto, and its Layer 2s like Optimism, Arbitrum, Base and now Pepe Unchained, have changed the game when it comes to scalability.
In a show of strength that bodes well for $PEPU, No.3 meme coin Pepe was the only top meme coin trading in the green at the start of the European session.
And when Elon Musk invokes frog images when retweeting about the wonders of creating memes super fast using Grok, the folks at Pepe Unchained know they are onto something.
In a way, it is an endorsement of what Pepe Unchained is doing, where with its Pump Pad launcher you can turn that Grok-created image into a living, breathing, croaking meme coin. Two clicks and you’re done.
Create awesome memes super fast using Grok!
Just tap on the square with the slash. https://t.co/kT0Bk2odcX pic.twitter.com/o41mUudbzr
— Elon Musk (@elonmusk) December 10, 2024
Pepe Unchained Has Built The Pump.fun Of Ethereum – Let The Profits Roll In
Despite temporary weakness in the meme coin market, which is down 12% in the past 24 hours, the team has clearly made the right choice in picking Pepe for the Layer 2 treatment.
As mentioned earlier, Layer 2s are the best-performing sector today as token prices look to recover from the recent dip.
The Pump.fun launchpad has been a roaring success on the Layer 1 Solana ecosystem. Pepe Unchained will do what Pump.fun has done for Solana on Ethereum, thanks to its robust Layer 2 technology.
In the past six months Pump.fun has earned around $150 million in fees. Recent changes to its platform mean it is now free to create new coins, with the first token buyer paying the charge. Pump.fun earns a 1% fee on all trades.
It is forecast that Pump.fun will rake in fees of $400 million this year. The details of the revenue model of Pepe Unchained’s Pump Pad will be announced soon.
Pepe Unchained ($PEPU): A Marketing Powerhouse
Valued at $10.6 billion, Pepe is the third-largest meme coin in the sector, with fourth-placed coin Dogwifhat on $2.9 billion. Such was the excitement surrounding the Pepe Unchained presale, that it attracted contributions totaling $74 million.
Its robust funding foundation means that it is well-placed to pick up top-tier centralized exchange listings. There has been no indication from the team as to which CEXs will be listing first, while the staggering first day trading volume augurs well.
The funds raised have been working hard for token holders. A Times Square ad has been playing every 6 minutes since December 6, adding to the FOMO.
We are ready. Are you? pic.twitter.com/xFddvk7FrU
— Pepe Unchained (@pepe_unchained) December 6, 2024
Pepe Pump Pad Has Anti-Rug-Pull Security, Almost Ready To Go
Pepe Unchained is no vaporware. On the contrary, the devs released a video as far back as September 26, showing the ecosystem going through its paces.
Block explorer, DEX and bridge were all on display, so token buyers can expect a product launch in the near future, which will add yet more excitement in the amphibian project. The Pepe Unchained Layer 2 has been audited and no critical issues found.
A nice touch is that Pump Pad has anti-rug security built in from the get-go. By default liquidity is locked, so developers cannot pull out funds. Buy and sell tax cannot be implemented on the system either.
$PEPU is headed for the top 10 status with a utility package that leaves other meme coins behind in the dust as it targets that hottest sub-sector in meme coins – launchpads.
With promised transaction speeds that will be 100x faster than Ethereum and way cheaper too, not to mention a lack of competition, Pepe Unchained could see a wall of liquidity flowing its way from the second-largest cryptocurrency.
Pepe Unchained L2 Sneak Peek!
What we’re building is not just a new chain, but an entire ecosystem.
🐸Pepe Unchained L2
🐸Block Explorer
🐸DEX
🐸Bridge
🐸Advanced Analytics
🐸Builder GrantsPepe Unchained is coming. And it’s going to shake up the crypto space. pic.twitter.com/ZVnvgO6MGF
— Pepe Unchained (@pepe_unchained) September 26, 2024
Pepe Unchained’s community is growing fast on X (73,500 followers) and Telegram (29,210 members), so join up today to keep up to date with the latest greatest meme coin sensation.
Be sure to use the correct contract address for the $PEPU token at launch. Unfortunately, all viral projects have to contend with fraudsters. The project’s smart contract is fully audited by SolidProof.
For more information, check out the Pepe Unchained website and whitepaper.
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