Outside Source
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Pepe Unchained surges 145% post-launch, capturing 50% of Pepe’s trading volume with its smart blockchain ecosystem.
Table of Contents
Pepe Unchained (PEPU) is off to a blistering start after launching on decentralized exchanges. On its first day, it has jumped 145% to a $180 million market cap.
Its on-chain trading volume now sits at 50% of Pepe’s on-chain volume, showing early signs that this is a legitimate rival. But how far can it go?
Pepe Unchained volume soars, trends on DEXScreener
A well-known axiom in crypto is that ‘volume precedes price.’ If that’s the case, then PEPU has an exciting future in store.
After enjoying the biggest presale of 2024, which raised $24 million, the project hit a homerun exchange launch, with its price soaring 145% so far.
And with trading volume also rising, Pepe Unchained’s uptrend shows no signs of slowing down.
Currently, Pepe Unchained’s trading volume is $21.5 million. Meanwhile, Pepe’s on-chain trading volume sits at just $41 million, which is a highly bullish sign for Pepe Unchained since its market cap is a fraction of Pepe’s.
Its high trading volume also confirms a huge market appeal, meaning buyers are likely to flood in as PEPU lists on centralized exchanges.
We can also see this market appeal on the on-chain analytics platform DEXSreener, on which Pepe Unchained is currently the number one trending token.
The meme coin with its own blockchain
We cannot understate the importance of Pepe Unchained’s use case, attaining to its potential for price appreciation.
Pepe has a $9.5 billion market cap, and Dogecoin has a $57 billion market cap, yet neither have utility.
On the contrary, Pepe Unchained is building an entire ecosystem.
Yes, it rides the Pepe coin hype wave, but it does a lot more than that. It’s launching the first Pepe-themed Ethereum layer 2 blockchain, which will be 100x faster and far cheaper than the main network.
It will also include features such as a no-code meme coin launchpad, staking, a block explorer, a dedicated Ethereum bridge, and more.
Thanks to the Pepe Pump Pad, Pepe Unchained could transform into a thriving ecosystem within days, and the PEPU token is at the heart of it all.
Soon to be listed on Tier-1 exchanges
As mentioned, Pepe Unchained is getting exchange listings, and its strong trading volume indicates that investors will be lining up to buy it.
Typically, centralized exchange listings have a significantly positive impact on price action.
For instance, Peanut the Squirrel became the fastest meme coin to reach a $2 billion market cap after listing on Binance last month.
It remains to be seen whether Binance, Coinbase, or potentially Robinhood will list PEPU first. Yet, one thing is for certain, whichever exchange wins listing rights will have its hands full as on-platform trading activity for this viral token soars.
Can PEPU hit $1? Fred crypto says so
With all of this in mind, it’s no wonder that high-profile traders are tipping Pepe Unchained for big gains.
Austin Hilton reminded his 350k YouTube subscribers that he has been backing PEPU since day one and believes its success will only get stronger in the coming months.
Just before the presale close, Fred Crypto said that PEPU could 90x. Based on its current price of $0.01295, that could take PEPU beyond to $1.1655.
This would give a 48x gain from its current price.
Meanwhile, analysts from ICOBench predicted Pepe Unchained could reach a more modest estimate of $0.135 by the end of 2025.
Indeed, this prediction was published before Pepe Unchained’s emphatic presale launch. Given its out-of-the-gate success, analysts are no doubt looking further ahead now.
With that, our Pepe Unchained price prediction targets a potential low of $0.135 and a potential high of $1.1655 by the end of 2025.
Currently, Pepe Unchained has a market cap of 1.9% the size of Pepe’s.
It will be interesting to see how the market adjusts to a new Pepe alternative with its own blockchain. While Pepe Unchained has surged 145% today, Pepe has decreased by 6.6%.
How to claim and buy Pepe Unchained
With Pepe Unchained’s ICO over, presale participants can claim their tokens from the Pepe Unchained website. And those yet to buy, can do so via the DEX widget on the project’s website, or using Uniswap or Best Wallet.
Follow Pepe Unchained on X or join its Telegram for updates.
To learn more about Pepe Unchained, visit the official website.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
This article first appeared at crypto.news
