Pepe Unchained went up for auction: the price increased by 44%

Pepe Unchained (PEPU), the largest ICO meme token this year, debuted on Uniswap and immediately reached a market capitalization of $161 million, increasing in price by 44.8%. By the time of publication, the value stood at $0.02024, as interest in the second-tier coin drives a price recovery from the recent decline in the crypto market.

Pepe Unchained will be a powerful meme coin creation platform thanks to its L2 technology and the launch of the Pepe Pump Pad, which will provide one-click cryptocurrency generation on the Ethereum blockchain with minimal cost and high speed. PEPU trading began on decentralized exchanges at 14:00 (UTC) and the team announced the upcoming listing on CEX.

Trading volume reached $5 million in the first few minutes. The value has recovered from the $0.0097 level. The asset is now trading above the listing price, targeting new highs.

Trading on DEX for Pepe Unchained is now available to all market participants

Pepe Unchained has launched the equivalent of Uniswap called PEPUswap. Trading pools are now available on both PEPUswap and Uniswap.

Pepe Unchained has received pre-approval on CoinMarketCap for listing prior to trading on Uniswap. The token also went viral on CMC’s community feed and ranked number one in Dexscreener trends.

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Pepe and Pepe Unchained – top meme coins trading in the greenback

This year’s updates to the Ethereum blockchain have made it much easier to build Layer 2 networks. Despite Solana’s ambitions, Ethereum remains the premier platform for commercial use. Its Layer 2 solutions, such as Optimism, Arbitrum, Base and Pepe Unchained, are changing the way ecosystems approach scalability.

Demonstrating strength, Pepe was the only coin from the top trading in the green as of the start of the European session, which promises good prospects for PEPU. As Ilon Musk retweets images of frogs and speculates on the benefits of memes realized with Grok, the Pepe Unchained team realizes they are moving in the right direction. Thanks to the Pump Pad platform, an image created with Grok can easily be turned into a meme coin.

Pepe Unchained launches Pump.fun for Ethereum

Despite a 12% decline in the meme token market in the last 24 hours, the team made the right choice by implementing layer 2 technology for Pepe. Such solutions are showing better results as prices start to recover.

Pump.fun was a huge success on Solana, and Pepe Unchained will repeat that for Ethereum thanks to its tier 2 technology. In six months, Pump.fun earned $150 million in commissions. New coins are now created for free, with fees paid by the first token buyer. The platform receives 1% of all transactions.

Pump.fun is expected to earn $400 million this year. Pepe Unchained’s Pump Pad revenue details will be announced later.

Pepe Unchained (PEPU): the marketing success of a meme coin

Valued at $10.6 billion, Pepe ranks third among meme coins, behind Doge and Shiba. The fourth position belongs to Dogwifhat, which has a capitalization of $2.9 billion. Pepe Unchained’s presale raised $74 million, causing a stir.

A solid financial foundation gives the project a chance of listing on top centralized exchanges. The team has not yet announced which CEXs will be the first, but trading volumes on Day 1 are encouraging.

Conclusion

Layer 2 Pepe Unchained was audited with no critical vulnerabilities identified. The project’s smart contract has passed SolidProof verification. PEPU aims to be among the top 10 meme coins by offering unique features for token launch platforms. Transaction speeds will be 100 times faster than Ethereum at a lower cost.

The Pepe Unchained community is growing on X (73,500 subscribers) and Telegram (29,210 members). For more information, you can visit the Pepe Unchained website and read the project documentation.

Forfatter: Saifedean Ammousen ekspert i kryptovaluta-økonomi.