Sunpepe Meme Coin Explodes Over 2000% as Investors Back Pepe Unchained for Similar Gains
The post Sunpepe Meme Coin Explodes Over 2000% as Investors Back Pepe Unchained for Similar Gains appeared first on Coinpedia Fintech News
The rise of Pepe-themed cryptocurrencies continues – Tron-based sunpepe has soared over 2,000% this week. Meanwhile, Pepe Unchained, a Pepe-themed token with its own blockchain, is backed for similar gains. Its presale recently cleared the $10 million total raised mark.
Sunpepe Pumps On Tron Meme Coin Season
A new meme coin season is starting – but not where you’d expect.
It’s not taking place on Ethereum and Solana, but on the outer fringes of the blockchain realms.
The Tron network is the new frontier of memetic activity.
It all began when devs launched SunPump – Tron’s answer to Solana’s Pump.fun.
Pump.fun is a high-risk trading app where investors can bet on brand-new meme coins.
Most lose money, but the concept continues to captivate traders.
But since SunPump launched, meme coin traders have flocked to all facets of the Tron ecosystem.
They’re making gains left, right, and center, but one of the biggest earners has been Sunpepe.
It’s a token inspired by Ethereum’s Pepe coin, and it’s up by a whopping 2,282% in the past week.
Sunpepe currently holds a $4.1 million market cap and a $19 million 24-hour trading volume.
However, analyst Giga is anticipating more gains ahead. He thinks SUNPEPE could do a 10x.
The analyst acknowledges its potential as the “Pepe face of Tron” and speculates that if successful, it could even achieve 25x gains.
$SUNPEPE running a bit over X10
for the believers who could foresee how easy of a narrative this is and what team is investing before hand.
I believe this will pull much higher numbers, initially thinking of a 20-40M range and if Justin chooses it to be the ‘Pepe face of… https://t.co/MzzvrkTfaK pic.twitter.com/581BLnpW8K
— Giba | Kingdom X100 (@giba_machado) August 25, 2024
Meanwhile, the Sunpepe X account boasted that it was trending number one on DEXTools, signaling that the market is very much interested in its “Pepe on Tron” juncture.
Even though Sunpepe’s market cap remains low, it has substantial trading volume, and investors are quickly taking note.
It goes to show the power of the Pepe brand.
But another meme coin harnessing this magnetic Pepe allure is Pepe Unchained.
The project will be the first Pepe crypto with its own blockchain, and right now, it’s available to buy at presale.
Analyst Thinks Pepe Unchained Can 100X On IEO
Pepe Unchained has seen phenomenal presale success.
It has raised over $10 million, and analysts can’t stop discussing its use case.
Not only is Pepe Unchained a new viral Pepe alternative, but it’s also building an Ethereum layer 2 blockchain.
And the chain is not just something to marvel at – it has real substance.
It promises lower fees and 100x faster speeds than Ethereum. It also offers staking, a dedicated bridge, and a block explorer.
Developers will be free to build anything they want.
For instance, they could create a Pepe Unchained version of pump.fun – the name PepeFun has a ring to it.
The possibilities are endless, so it’s no surprise analysts are going wild for this new project.
ClayBro says it “could soar up to 100x” after launching on exchanges.
“They’re building a blockchain dedicated to fostering meme coins and retail investors that want to make serious gains – it is something very exciting.”
Investors can buy $PEPU at a ground floor price of $0.0093105.
However, this will rise throughout the presale, with the next increase in just over one day.
As such, traders seeking the most value for money should act quickly.
The presale accepts payments in ETH, BNB, USDT, and bank card.
