Pepe Unchained Trends More Than BTC

Layer 2 meme coin Pepe Unchained (PEPU) has surged 113% in the past 24 hours to become the number one trending cryptocurrency on CoinMarketCap, eclipsing bitcoin even after it reclaimed the $100,000 mark.

BUTT is a sensational new derivative of the Pepe coin that exploded after its launch on Uniswap on December 10, reaching a market cap of $377 million after hitting a new all-time high (ATH) of $0.05292 on the day former. It has already multiplied by more than 4 since its launch.

Wall Street Pepe raises more than $2.2 million in pre-sales in just 24 hours

But as Pepe Unchained goes parabolic, another frog-themed rival called Wall Street Pepe (WEPE) has burst onto the scene, further shaking up the frog-themed meme coin sector after raising $2.2 million in just one day.

That brought its pre-sale raise to $6.45 million in just over a week, fueling speculation that it could match or even surpass PEPU's extraordinary $73 million pre-sale fundraising.

Is It is already raising capital at a much faster rate than PEPU did in the early stages of its ICO campaign. And if you hold the At the run rate of the last 24 hours, WEPE is on track to surpass the $50 million milestone by the end of the month.

All the excitement in the frog-themed corner of the crypto world over the past 24 hours came in the form of bitcoin. rose from a low during the period of $97,305.72 to a high of $101,913.36. It has since retreated to trade at $100,506.30 at 2:55 a.m. EST.

WEPE Could Overtake Pepe Unchained as Meme Coin Mania Breaks Out in 2025

WEPE is also perfectly positioned to benefit from the 2025 meme coin mania that Bitwise has predicted in its latest report.

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2024 was a historic year for cryptocurrencies, but we believe that 2025 will mark the beginning of its golden era.

Ten predictions for next year (plus one big bonus prediction):

1. bitcoin will trade above $200,000.

2. bitcoin ETFs will attract more flows in 2025 than in 2024.…

– Bit by bit (@BitwiseInvest) <a target="_blank" href="https://twitter.com/BitwiseInvest/status/1866490465090195613?ref_src=twsrc%5Etfw”>December 10, 2024

Many experts, including YouTuber Austin Hilton with 295,000 subscribers, predict big things for Wall Street Pepe's future. In a recent video, Hilton predicted that the new meme coin will “revolutionize the crypto space.”

Pepe Unchained combines the appeal of Meme coins with cutting-edge layer 2 technology

Still, in Pepe Unchained, WEPE will face a tough competitor that has already become the sixth largest frog-themed meme coin by market cap behind PEPE, BRETT, TURBO, PEPECOIN and FWOG

In recent months, industry leaders have called for greater utility in the broader crypto space. Pepe Unchained, with its fast layer 2 network, is a pioneer in this regard within the burgeoning meme coin space.

Pepe Unchained not only appeals to degen traders and investors, who often excitedly trade meme coins, but also addresses ethereum's scalability issues. In 2024, the hype around meme coins has caused multiple disruptions to some of the major layer 2 networks in the Web3 space.

ethereum, with its first-mover advantage in the decentralized finance (DeFi) industry, has become the de facto network for many developers to deploy their projects. This increase in traffic has substantially increased network fees and transaction finality times.

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PEPE UNCHAINED L2 IS LIVE!

Yesterday's launch went smoothly.

Our L2 network handled the massive volume effortlessly and is now ready to welcome the masses!

Check out our official block explorer, Pepuscan, and witness this greatness firsthand.… pic.twitter.com/0EJ7itirOz

— Pepe Unchained (@pepe_unchained) <a target="_blank" href="https://twitter.com/pepe_unchained/status/1866928526697636276?ref_src=twsrc%5Etfw”>December 11, 2024

By offering a fast and cheap chain, the Pepe Unchained network could become a new haven for the next generation of meme coins.

The project has already launched a developer grant program and will soon unveil its own meme coin launch platform to compete directly with Solana-based Pump.fun.

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