Pepe Unchained Launches Pump.fun Competitor On Ethereum, Raises $25M In Presale Funding

Pepe Unchained Unveils Pepe's Pump Pad, a Two-Click Meme Coin Launchpad

Pepe Unchained is set to introduce Pepe's Pump Pad, a direct competitor to Solana's Pump.fun, on Ethereum. This new platform will operate on Pepe Unchained's Layer-2 chain, offering fast, low-cost transactions with enhanced security against malicious activities. It also leverages Ethereum's decentralized ecosystem, extensive user base, and DeFi infrastructure.

This latest offering has further fueled anticipation for PEPU, the native meme coin of the ecosystem. With significant whale investments, it has accrued over $25.3 million in presale funding.

Could Pepe's Pump Pad Challenge Solana's Pump.fun?

Solana's Pump.fun has emerged as a formidable player in the meme coin market. According to CoinGecko, its ecosystem is valued at over $3 billion, following a recent surge. Notable success stories include Goatseus Maximus ($800 million), FWOG ($430 million), and Moo Deng ($240 million).

Binance Futures' launch of perpetual contracts for MOODENG and GOAT has served as a testament to Pump.fun's success. Lookonchain data indicates that the platform has generated over $212 million in revenue. Solana's network efficiency and scalability have been key contributing factors to its dominance.

Ethereum, however, seeks to reclaim market share with Pepe's Pump Pad. Pepe Unchained's Layer-2 ecosystem provides an effective foundation for the launchpad. It boasts low trading fees, instant transactions, and advanced tools like an ETH bridge, custom DEX, block explorer, and analytics dashboard.

Pepe's Pump Pad's user-friendly interface allows creators to launch their own meme coins with minimal technical expertise. It aims to address the issue of illiquidity experienced with Pump.fun's meme coins.

Moreover, Ethereum's established DeFi ecosystem, liquidity infrastructure, and robust user base present potential advantages. Developers can access Pepe Unchained's grant program for support.

Investors should closely monitor Pepe's Pump Pad for potential investment opportunities. Pepe Unchained recently achieved a significant milestone with its $25 million presale raise. Whales have shown significant interest, including one investing $200k in ETH.

Influencers such as KIFS Crypto and 99Bitcoins predict significant upside potential for PEPU, ranging from 10x to 100x returns. It remains available at a discounted price during its ongoing presale, accessible through the project website using the over-the-counter widget.

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