Frog memecoins continue to be in high demand as investors gear up for the highly anticipated “memecoin supercycle”.
The Pepe price surged by 250% following Donald Trump’s win in the US presidential elections. Similarly, this week a low-cap meme token Pepe Unchained saw a 400% rally within just 3 days of its launch.
Now, a new memecoin called Wall Street Pepe (WEPE) is seeing strong growth in its presale and has raised over $19 million in just two weeks.
Frog memecoins in High Demand
Experts project frog memecoins will continue to have strong community support in the coming bull market.
Social media influencers have also highlighted how Tesla and SpaceX owner Elon Musk has been posting and liking Pepe-themed posts on X. He even liked a post calling him “the Pepefather”, resulting in speculation that the world’s richest man could be secretly buying and promoting Pepe.
Elon Musk loves $pepe, but he hasn’t announced it publicly yet, like he did with $doge. It always starts with liking and posting memes, and ends with sending those coins to the moon. 🐸📈 pic.twitter.com/7WLv2vHJCF
— Chandler Bing (@chandlerbingpl) November 22, 2024
As such, PEPE is expected to be one of the top-performing memecoins in 2025, with some projections suggesting it could reach a $50 billion valuation.
The new frog memecoin Pepe Unchained (PEPU) has also impressed investors with its post-launch rally. Since creating a local bottom at $0.008965, the PEPU price surged by 680% to a new all-time high of $0.06921 with a $550 million valuation.
The memecoin has since seen a 70% pullback as whales and early buyers secure their profits. However, a successful retest of the $0.02 support level could potentially result in the next upside move for PEPU. This is also the support which started its previous bullish wave.
Pepe Unchained’s layer-2 ecosystem, upcoming memecoin launchpad and CEX listings could also provide a potential boost to the memecoin.
Wall Street Pepe sees heavy whale bidding in presale
A new memecoin Wall Street Pepe (WEPE) is also in high demand during its ongoing ICO.
The token added nearly $15 million to its presale tally in just 3 days, bringing the total to $19.3 million.
$15M raised. $5M in under 24 hours.
— Wall Street Pepe (@WEPEToken) December 13, 2024
Stay hydrated, stay focused, stay green. 🐸⚔️ pic.twitter.com/HzXKrFtqiA
The memecoin appears to have caught the attention of whales. For instance, a deep-pocketed investor swapped 69.1 ETH, worth over $270k, for WEPE, data from Etherscan reveals.
As per its whitepaper, Wall Street Pepe is a high-utility memecoin with a core mission of leveling the playing field for small-scale investors against whales and insiders.
In this regard, the project will launch an exclusive group for WEPE holders and offer market insights, trading strategies and alpha calls.
Group members can also share their trading set-ups. Depending upon the success of their calls, they could potentially be eligible for monetary rewards. In fact, 15% of the WEPE token supply has been reserved for trading rewards.
Wall Street Pepe also has a native staking pool, which is currently offering a dynamic reward rate of over 50% per annum. The stakers will be paid in the form of additional WEPE coins.
Interested buyers can visit the Wall Street Pepe presale website and directly purchase the memecoin with a bank card or crypto.