Pepe Unchained Launches Pump.fun Competitor On Ethereum, Raises $25M In Presale Funding
Pepe Unchained is launching a two-click meme coin launchpad on Ethereum, Pepe’s Pump Pad, as a direct competitor to Solana’s Pump.fun.
Pepe’s Pump Pad is being built on Pepe Unchained’s Layer-2 chain, meaning the new meme coins will offer negligible trading fees, instant transactions and anti-rug pull security, while also capitalizing on Ethereum’s decentralization, vast user base and DeFi infrastructure.
The new product has further added to the hype surrounding PEPU, the meme coin at the core of the ecosystem. Thanks to large whale investments, it has now raised over $25.3 million in presale funding.
TODAY IS A BIG DAY!!! 🔥Not only have reached the $25M milestone, but we have a major announcement for you all.Buckle up and read below 👇 pic.twitter.com/Y2dEhrozb1
— Pepe Unchained (@pepe_unchained) November 6, 2024
Could Pepe’s Pump Pad Compete With Solana’s Pump.fun?
The Pump.fun meme coin launcher on Solana has been nothing but a remarkable success.
CoinGecko data highlights that the Pump.fun ecosystem is now worth more than $3 billion, following a 25% surge on Thursday. Some of its notable successes include the $800 million Goatseus Maximus, $430 million FWOG and $240 million Moo Deng.
Even Binance Futures recently launched MOODENG and GOAT perpetual contracts, which is considered the ultimate stamp of approval in the meme coin sector.
Data from Lookonchain suggests that Pump.fun has already generated over $212 million in total revenue. It has benefitted considerably from Solana’s excellent network throughput and scalability, considering that the low trading fees and instant transactions appeal to whales and retailers alike.
In fact, it has quickly become the favoured ecosystem for meme coins, sidelining Ethereum which struggles from heavy network congestion and high trading fees. However, Ethereum could look to recapture a significant portion of the meme coin market share with Pepe’s Pump Pad.
Pepe Unchained’s Layer-2 ecosystem provides the perfect backbone for this new meme coin launchpad. It offers extremely low trading costs, instant transactions and cutting-edge tools like ETH bridge, custom DEX, block explorer and advanced analytics dashboard.
Pepe Unchained L2 Sneak Peek!What we’re building is not just a new chain, but an entire ecosystem.🐸Pepe Unchained L2🐸Block Explorer🐸DEX🐸Bridge🐸Advanced Analytics🐸Builder GrantsPepe Unchained is coming. And it’s going to shake up the crypto space. pic.twitter.com/ZVnvgO6MGF
— Pepe Unchained (@pepe_unchained) September 26, 2024
Pepe’s Pump Pad is a two-click launchpad. Builders no longer need any technical expertise or developer team to launch the next 100x meme coin. All that is required is a creative idea.
Moreover, the new launchpad is expected to offer other key advantages. For instance, prominent crypto influencers have been complaining about the illiquid meme coins on Pump.fun.
bros it can’t just be me, the coins are getting more illiquid by the day. they def fucking with the liq ratios pic.twitter.com/ajJUJvUFFi
— Übermendes (@0xuberM) November 2, 2024
Considering that Pepe’s Pump Pad is a newer product, it is looking to offer improvements on all such issues faced by meme coin investors. Furthermore, Ethereum’s robust DeFi and liquidity infrastructure, vast user base and decentralization could offer advantages of its own.
Interested builders can benefit from Pepe Unchained’s developer grants. Click here to fill out the application form. Meanwhile, investors who aren’t interested in launching their own meme coin should still keep an eye on Pepe’s Pump Pad. They may find the next 100x meme coin on there.
Follow Pepe Unchained’s X account for more updates.
Pepe Unchained Hits $25M Milestone In Presale – Next 100x Meme Coin?
Pepe Unchained’s utility-driven nature, community-centric tokenomics and multiple security audits have already impressed meme coin investors. The new unique products only add to the hype.
Unsurprisingly, a whale purchased $83k worth of PEPU on Wednesday.
However, this purchase still falls short of the high-profile transaction where a deep-pocketed investor swapped $200k worth of ETH for the meme coin.
Thanks to such large whale investments, the Pepe Unchained presale has now raised over $25.3 million in its ICO. The retail interest isn’t lagging either, thanks to the promise of low transaction fees and as well as the project’s presale staking protocol, which is currently offering an APY of 94%.
Unsurprisingly, prominent crypto influencers are bullish on PEPU’s upside potential. For instance, YouTuber KIFS Crypto is eyeing anywhere between 10x to 100x returns from Pepe Unchained.
Similarly, crypto educational platform 99Bitcoins is also high on PEPU, expecting anywhere between 50x and 100x potential returns.
However, PEPU is still available at a heavily discounted price during its ongoing presale. Interested buyers can visit the project website, use the over-the-counter widget and buy the meme coin with just a few clicks.
Visit Pepe Unchained Presale
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