Pepe Unchained ($PEPU) jumped 20% in the past 24 hours after it teased the launch of Pepe’s Pump Pad, a new meme coin launchpad ecosystem that’s headed for a showdown with Solana’s Pump.fun.
According to a recent tweet by PEPU’s developer, Pepe’s Pump Pad is a DEX that integrates the project’s proprietary Ethereum Layer 2 scaling solution with rapid and seamless inter-layer bridging services to bring holders crypto’s handiest meme coin yet.
Pepe Unchained’s recent $PEPU token presale raised an unprecedented $74 million this year in one of Web3’s most sensational meme coin presales yet. $PEPU then hit the open market via crypto’s biggest decentralized exchange (DEX), Uniswap, early last month.
The Pepe Unchained team has lined up top-tier centralized exchange (CEX) listings in the near-future. Although the project remains tight-lipped about which CEXs are in its crosshairs, it’s safe to assume they’re industry titans.
Based on the previous successes of meme coins in the Pepe family, Pepe Unchained fans are hoping for a possible upside of a sweltering 100X or 200X as the project rises through the meme coin ranks.
Pepe Unchained’s inspiration, Pepe ($PEPE), has surged 18% in the last seven days while the recently-launched viral meme coin Kekius Maximus ($KEKIUS) has mushroomed 14,575% over the same period. Clearly, appetite for meme coins remains high even though the price dramas around Bitcoin only saw it climb 3.5% over the period.
Here’s Why Meme Coin Enthusiasts Fell For Pepe Unchained ($PEPU)
Pepe Unchained’s presale launched back at the end of June 2024, quickly generating a tsunami of hype over its multi-chain $PEPU token and proprietary Layer 2 blockchain ecosystem built atop Ethereum, the high-functionality blockchain with the most commercial activity of any network.
Meme coin fans stockpiled Pepe Unchained like no other project before, thanks to several compelling incentives, including lower transaction fees, a hundred times faster speeds than Ethereum, and the promise of a thriving new ecosystem that will transcend anything previously offered by meme coins – even highly functional ones like the privacy-friendly Shiba Inu ($SHIB) or the trading bot Floki ($FLOKI).
But can Pepe Unchained even still be regarded as a meme coin?
How Pepe Went From Global Meme Star To Web3 Solution
$PEPU’s inspiration, Pepe ($PEPE), is the third-biggest meme coin in crypto with a $8.6 billion market cap.
The famous avatar, which comes from a character in Max Furie’s webcoming Boy’s Club, was a global sensation before crypto. He was later spotted in the 2019–2020 Hong Kong protests as a symbol of resistance against the perceived threat of mainland China’s intervention in Hong Kong’s affairs.
Tokens from Boy’s Club capitalize nearly a tenth of crypto’s lucrative $116 billion meme coin sector. Pepe, alongside Brett ($BRETT) and Pepe Coin ($PEPECOIN), have delivered profits of anywhere between 10X and 100X for their steadiest HODLers.
But the problem with every previous Pepe meme coin is that they’re all made purely for speculation and entertainment.
That is, until Pepe Unchained arrived. Pepe Unchained is the name of a proprietary Layer 2 blockchain that sits on Ethereum. This houses a DEX facilitating cheap swaps between $PEPU and supported tokens.
Pepe Unchained also features a dedicated block explorer to see all transactions on the Layer 2, along with a bridge for instant and low-cost bridging between Pepe Unchained and Ethereum’s Layer 1.
Finally, Pepe Unchained is aiming for longevity through the Pepe Foundation, which will fund community-verified projects with a developers’ grant, in order to build “an entire ecosystem with the best developers in the space contributing,” according to a tweeted announcement last year.
Check out the Pepe Unchained website and whitepaper , or follow the project’s official X and Telegram accounts to learn more.
The project’s smart contract is fully audited by SolidProof .
Visit the Pepe Unchained website .
