Pepe Unchained ($PEPU) Expands Through Major Exchange Listings
Pepe Unchained ($PEPU) has officially made its debut on BingX, a prominent centralized exchange, marking a significant step in broadening access to this highly sought-after meme coin. As the team gears up for the highly anticipated launch of double-rewards staking on its Ethereum Layer 2 platform, excitement within the community is palpable.
The listing on BingX will be shortly followed by another on MEXC, scheduled for December 17 at 12 PM UTC. Notably, MEXC and BingX rank as the 10th and 13th largest exchanges by 24-hour trading volume, respectively, promising to substantially boost trading activity for $PEPU. MEXC boasts an impressive 24-hour trading volume of $4.1 billion, while BingX records nearly $500 million. Collectively, these exchanges attract roughly 7.5 million visits each week, creating a fertile ground for increased market activity.
Adding to the momentum, LBank has also announced that it will list $PEPU on December 18, further enhancing the visibility and trading options for this emerging meme token. As of this writing, $PEPU retains its status as the most popular ERC20 coin on Dexscreener, capturing the attention of traders globally.
A Robust Ecosystem: The Backbone of Pepe Unchained
Pepe Unchained is not just another meme coin; it is backed by a comprehensive Ethereum Layer 2 ecosystem. This ecosystem features a decentralized exchange (DEX), a bridge, a block explorer, developer grants, and a software development kit aimed at fostering innovation. Additionally, the team has created a unique meme coin launcher, aptly named Pepe’s Pump Pad, set to revolutionize how new meme coins are launched.
On December 14, the team teased the upcoming launch of the Pump Pad, which allows creators to build their own meme coins with just two clicks—a streamlined process that promises to energize the meme coin market. Scheduled for launch in January, the Pump Pad is generating buzz among the 67,800 token holders eager to see what features it will bring to the table.
Upcoming Features: Double-Rewards Staking and More
In just a day, the Layer 2 double-rewards staking will commence at 14:00 UTC tomorrow (Tuesday, December 17). This feature allows holders to stake their $PEPU tokens, unlocking the potential for enhanced rewards. As the staking period approaches, holders are encouraged to bridge their tokens promptly to maximize their returns.
Market Performance and Price Trends
Currently, $PEPU is trading comfortably above its initial listing price of $0.014 and its final presale price of $0.012. Investors who bought in at the lowest presale price of $0.008 are sitting on a remarkable profit of 138%. After reaching a peak of $0.069, $PEPU astonishingly became the number one trending coin on CoinMarketCap, illustrating its meteoric rise.
Last week, trading volume reached a staggering $47 million before settling around $16 million, with a total market capitalization estimated at $147 million. Profit-taking naturally led to a price correction, bringing $PEPU down to $0.018 as traders brace for the unlocking of staked tokens.
Understanding the Meme Coin Phenomenon
The rise of meme coins has captured the attention of both developers and the mainstream media. Recent articles from major publications such as the Financial Times and The Guardian have explored the ongoing meme coin boom, especially in the wake of significant geopolitical events. Analysts suggest that the pro-crypto tilt of the incoming US administration could herald an extended bull run, which would benefit meme coins like Pepe Unchained.
With evidence of its growing popularity, $PEPU trading volume outpaced its predecessor, Pepe, by $10 million last week—a clear indication of its strong market presence. Given Pepe’s current market cap of $9.9 billion, the potential for $PEPU to reach similar heights is legitimate, making it an exciting asset for investors in the crypto space.
The Road Ahead: Potential and Community Dynamics
As we look to the future, it’s essential to recognize that we are still in the early days for $PEPU. With a functional Layer 2 blockchain that provides a platform for monetizing meme culture on Ethereum, the prospect of significant returns looms large. For instance, $500 invested in PEPE back in April 2023 has skyrocketed to a staggering $479,000, showcasing the immense gains possible with meme coins.
The $4 million PEPE/WETH liquidity pool is 98.5% locked for 12 months, reassuring current and prospective holders of the token’s long-term potential. As the Pepe Pump Pad prepares to launch, it is anticipated that the fee revenue from these transactions could reach hundreds of millions of dollars—a game changer for the Pepe Unchained ecosystem.
Conclusion: Join the Community
As the year comes to a close, Pepe Unchained stands at a crossroads of innovation and opportunity, supported by a community of over 100,000 members across platforms like X and Telegram. For those interested in learning more about $PEPU’s compelling value proposition, further insights can be gleaned from the Pepe Unchained website and its whitepaper. The future looks bright for this revolutionary project in the meme coin landscape.