CEXs Start Listing Trending Meme Coin PEPU, Pepe Unchained to Launch 2x Rewards for Layer 2 Stakers
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Pepe Unchained ($PEPU) has listed on BingX centralized exchanges as the rollout of access to the in-demand meme coin broadens, while the team preps for the launch of double-rewards staking on its Layer 2 tomorrow.
The BingX listing will be followed by MEXC on December 17 at 12pm UTC. MEXC and BingX are, respectively, the 10th and 13th largest exchanges by 24-hour trading volume, so they will substantially increase trading activity in $PEPU.
MEXC has a 24-hour trading volume of $4.1 billion, and BingX nearly $500 million. Together, the two exchanges have weekly visits totaling 7.5 million.
Also, at the time of writing news has just come in that LBank is listing $PEPU on December 18.
Meanwhile, PEPU is still the No. 1 trending ERC20 coin on top crypto trading site Dexscreener.
Pepu Unchained has built out an Ethereum Layer 2 ecosystem that includes a DEX, bridge, block explorer, developer grants, software development kit, comprehensive guides for users and developers, and, last but not least, a meme coin launcher called Pepe’s Pump Pad.
In a tweet on December 14 the team revealed that the 2-click, no-code launcher will go live in January, in a move that will shake up the Pepe and wider meme coin scene.
Similar to Pump.fun but on Ethereum not Solana, Pump Pad will allow anyone who has a great idea for a meme coin to create it with literally two clicks.
While anticipation builds for the Pump Pad launch among the 67,800 token holders, the Layer 2 chain double-rewards staking will go live at 14:00 UTC tomorrow (Tuesday, December 17).
Pepe Unchained HODLers get ready for a CEX-led bull rampage
$PEPU continues to trade comfortably above its listing price of $0.014 and the final presale price of $0.012. The lowest presale price was $0.008, which means PEPU’s earliest investors are still sitting on a profit of 138%.
After climbing to $0.069, the $PEPU price became the No.1 trending coin across all categories on CoinMarketCap in a stunning achievement.
Twenty-four-hour trading volume exploded to $47 million last week and has now settled down to around $16 million, for a total market capitalization of $147 million.
Profit-taking has seen the $PEPU price retrace to $0.018, where it was seeking support prior to the start of the unlocking of staked tokens on Tuesday – all staked tokens had a minimum staking period of seven days from the day of listing.
For some perspective when all around you might be panicking following the price correction, a sober assessment from a YouTube analyst (see video below) might be in order – the lesson is: take some profits, but stay in the game for the ascent to the moon.
Everybody is talking about meme coins like Pepe Unchained
Pepe Unchained, as the latest addition to the Pepe frog coin family, has caught the attention of both developers and centralized exchanges, not to mention the mainstream media.
A crop of articles on the meme coin phenomenon has appeared in newspapers recently, such as the Financial Times, the Wall Street Journal and The Guardian, all talking about the boom since Donald Trump won the US presidential election.
But the meme coin insurgency began months before that historic election and certainly shows no signs of slowing down as the pro-crypto incoming US administration could secure a potentially years-long bull run.
There is no telling how high the price of meme coins like Pepe Unchained could go, given that it is so much more than the regular ‘no utility’ meme coin.
Evidence of its burgeoning popularity was on display last week when $PEPU trading volume was beating Pepe by a margin of $10 million. Pepe has a market cap of $9.9 billion – it might not be too long before Pepe Unchained does too.
Turn $500 into $479,000 with the next PEPE
The truth is that it is still very early days for $PEPU. With a Layer 2 blockchain up and running that will unlock the monetization of meme culture on the Ethereum chain, 100x returns could be just around the corner for Pepe Unchained.
CoinMarketCap is the most visited website in crypto, so trending at No.1 on the homepage was a big deal. Market participants will be well aware of the 1,000x gains that meme coins can make, as a look at recent stars such as PNUT and CHILLGUY attests.
$500 invested in PEPE when it launched in April 2023 is now worth $479,000 on the back of a 95,862% return.
The $4 million PEPE/WETH liquidity pool is 98.5% locked for 12 months, so token holders and new buyers can rest assured that this project will be sticking around for the long-term.
Pepe Pump Pad can generate hundreds of millions of dollars in fees
As the year draws to a close, Pepe Unchained is sitting pretty with a Layer 2 ecosystem that is ready for action.
In fact, developers can start building today by downloading the Pepe Unchained SDK.
Those initial volume numbers will catch the eye of top centralized exchanges (CEX), which are competing to grab a slice of the ever-expanding meme coin trading pie.
Pepe Unchained could soon be worth hundreds of millions of dollars when the Pepe Pump Pad fees start rolling in. To judge how realistic that is, analysts forecast Pump.fun to pocket fee revenue in excess of $400 million this year alone.
Join Pepe Unchained’s 100,000-strong community across X and Telegram.
For more on the excellent value proposition that $PEPU represents, explore the Pepe Unchained website and read the whitepaper.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.- How Tether Co-Founder William Quigley Views Crypto Regulations in Trump’s Second Term
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