The Pepe Unchained price soared 116% to a new all-time high after an explosive first 24 hours after listing on Uniswap yesterday.
PEPU’s market cap has already exceeded $241 million as it trends 4th on CoinMarketCap, taking the momentum from its blowout $74 million presale into the live marketplace.
To put its feat into perspective, remember that the entire crypto market took a hit yesterday, and Pepe (PEPE), the frog-themed token that PEPU aims to dethrone, has climbed just 9% .
But while Pepe is looking nervously over its shoulder at a new challenger now, it may not be long before PEPU itself is doing the same.
Pepe And Pepe Unchained Face A New Frog-Themed Rival
There’s already another new frog-themed meme coin rival on the block in the form of Wall Street Pepe (WEPE), a presale that’s raised a massive $4.3 million in just one week since it launched, outpacing the early performance of even PEPU’s record-breaking ICO.
While Pepe Unchained aims to overwhelm PEPE with the power, speed, and functionality of its own layer 2 blockchain, WEPE is offering a something far simpler: To make its investors rich.
Wall Street Pepe wants to level the playing field for small retail investors and rein in the dominance of secretive whales that corner the market.
So, Wall Street Pepe is flipping the script, using his inside knowledge to help the little guy fight back via his exclusive trading strategies and alpha calls.
“Wall Street Pepe hates that whales are hiding in insider groups,’’ says its website. “So he decided to make his own. Join the WEPE Token Army – frogs strong together!’’
YouTuber ClayBro, who has more than 133k subscribers, said in a recent video that WEPE has 100x potential after it launches.
Wall Street Pepe And Pepe Unchained Signal Brutal Competition For PEPE
The arrival of both PEPU and WEPE indicates a new, more brutally competitive era for PEPE, the third-biggest meme coin with a market cap of almost $10.4 billion.
PEPE’s exploded 90,367% from its all-time low in April 2023 and it’s clear that PEPU and WEPE aim to take a piece of that pie.
They arrive after a massive, dominant year for meme coins and just as the entire crypto ecosystem goes into overdrive after the promise of a friendlier regulatory environment once Donald Trump takes office in late January.
There’s even talk of a meme coin supercycle already underway that could catapult the sector’s market capitalization to more than $1 trillion, from $137 billion now.
Whether that meme coin supercycle materializes or not in what looks a transformation year ahead for the crypto industry, it’s clear the easy days are over for PEPE.
Pepe Unchained and Wall Street Pepe bring aggressive and innovative new strategies that look set to pressure PEPE to defend its crown as the king of frog-themed meme coins like never before.
