After capturing the meme coin market with one of the largest meme coin presales in history, Pepe Unchained (PEPU) entered the market on December 10th and saw impressive gains of over 670%, positioning itself as a top trending crypto across CoinMarketCap, DexTools, and other platforms.
A week after the launch, PEPU is now sharing news of three upcoming CEX listings and updates to its Layer 2 ecosystem that will reward its users and enable them to launch their own meme coins via its meme coin launchpad - Pepe’s Pump Pad.
Meanwhile, a new presale project called Wall Street Pepe is turning heads after raising $27 million in just over two weeks.
MEXC and LBank line up to list PEPU after BingX listing went live
Yesterday, Pepe Unchained was listed on the 13th largest CEX, BingX, making it the token’s first centralized exchange listing. The listing makes PEPU available to the platform’s 10+ million users across more than 150 countries.
Over the next 24 hours, BingX will be joined by MEXC and LBank, the 10th and 19th largest CEXs, respectively. The MEXC listing is scheduled to go live in just one hour, while LBank announced it would make PEPU available to its users on December 18th.
Historically, CEX listings have helped meme coins soar, including the original Pepe (PEPE), on which PEPU’s imagery is based. On April 19th, 2023, BingX and MEXC listed PEPE, which soared by over 5,500% over the next 20 days.
The leading frog-themed token soared again following a listing by Coinbase, the third-largest CEX by daily volume, on November 13th. The listing saw PEPE’s price jump from $0.000007901 to $0.00002339 over the week, representing a soar of nearly 200%.
GM @gate_io 🐸https://t.co/KLv86B5kvS
— Pepe Unchained (@pepe_unchained) December 13, 2024
Pepe Unchained’s website features four blurred exchange images, and since BingX, MEXC, and LBank publicly revealed their listings, PEPU could be hinting that Gate.io is next.
Double staking rewards for PEPU’s Layer 2 users and the launch of an ethereum-based memecoin launchpad
While the meme coin space is saturated with Pepe-inspired tokens that focus on memetic appeal rather than utility, PEPU takes a different approach.
PEPU released its own Layer 2 blockchain, powered by Conduit, complete with a DEX, dedicated block explorer, and bridge. Plus, the project offers a software developer kit and developer grants to those willing to build on its Layer 2.
The project’s developers have also announced that those who bridge their tokens and stake them on PEPU’s Layer 2 stand to earn double staking rewards. The event will take place this week and coincides with the option to unstake the tokens early backers staked during the presale, as the 7-day lock expires today.
Next week, stake $PEPU on Layer 2 for double rewards!
— Pepe Unchained (@pepe_unchained) December 15, 2024
Bridge your tokens now to maximize early gains! pic.twitter.com/zvNiEt6iAO
PEPU has also shared exciting news about its upcoming meme coin launchpad, Pepe’s Pump Pad, which seeks to replicate the success of Solana’s pump.fun, but in Ethereum’s ecosystem.
Advertised as a “2-click” launchpad, Pepu’s Pump Pad will allow anyone to launch a meme coin regardless of their prior experience. Additionally, the team revealed that all fees will be collected in PEPU, which will then be burned, potentially positively impacting its price.
PEPU faces a correction after initial 670% pump
Those who secured their share of PEPU during its presale’s early stages, when the coin was priced at $0.008965 each, had a chance to realize profits of over 670% once PEPU hit its ATH at $0.06921 on December 12th, just 48 hours into its launch.
Although PEPU kept its presale stage momentum for two days after its launch, it faced a correction, and its price is now closer to its listing price, around the $0.14 mark.
Although profit-taking saw PEPU’s price plummet, the token still comfortably sits above the $118 million market cap, with over 68,000 holders who believe in its long-term success. Additionally, PEPU is the 5th trending cryptocurrency on Dexscreener and the only one above a $100 million market cap in the top 20 list.
A team of crypto experts, Cryptonews, believes no market manipulation is behind PEPU’s dip, and they’ve pointed out that larger cryptocurrencies, including Bitcoin, face a similar issue after a massive pump.
The experts have shared their bullish sentiment regarding PEPU in light of its CEX listings announcements and the upcoming release of its meme coin launchpad, scheduled for January 2025.
What’s next for PEPU?
With PEPU’s initial pump, which brought its market cap above $500 million, already capturing the attention of major CEXs, the token could have a bright future as its Layer 2 blockchain expands and attracts more investors.
PEPU’s strength also lies in its security and community, often called the two main pillars of a meme coin’s success. With a 99/99 security score on DexTools and the $3.4 million liquidity pool locked for 12 months, PEPU leaves little room for doubts about the safety of its investors’ funds.
Its community is also thriving, with over 85,000 followers on X (Twitter) and 27,000+ on Telegram.
PEPU’s success could be defined by its upcoming meme coin launchpad. If it is well-received by meme coin developers and traders, it could replicate the success of Solana’s pump.fun, which has already surpassed the $300 million mark in revenue.
$PEPU taking over one swap at a time. 🐸 https://t.co/EbrRxCvHDC
— Pepe Unchained (@pepe_unchained) December 14, 2024
Additionally, the market cap of frog-themed coins went above $14 billion this month, and they’re enjoying increased visibility thanks to Elon Musk’s tweets depicting Pepe the Frog, including one that was posted just minutes after PEPU’s launch.
If Pepe’s Pump Pad manages to capture the attention of meme coin developers, the platform could significantly impact the price of its native token, PEPU, and help it secure future listings.
Is WEPE the next PEPU?
Following PEPU’s success, another new frog-themed meme coin called Wall Street Pepe (WEPE) has been capturing attention since launching its presale just over two weeks ago. The project has already raised over $27 million - a figure it took Pepe Unchained several months to raise.
WEPE has its own distinct use case - providing expert trading insights, signals, and degen meme coin picks to its community.
Like PEPU, you can also stake WEPE. Over 17bn tokens have already been staked, with the rewards currently estimated at 47% pa.
Analysts have been quick to praise the project’s potential, with the likes of Ausin Hilton and ClayBro giving positive comments on Wall Street Pepe.
Given the huge investor interest and the rapid rate at which the presale is raising funds, WEPE could be one of the top meme coins to watch as we go into 2025.