PeiPei (PEIPEI), a Pepe-themed meme coin, has been on a bullish run in the past few days.
Even amid the sharp downtrend in the global crypto market, the token’s price is up by over 50% in the last seven days, becoming one of the most trending cryptocurrencies on CoinmarketCap.
How long can $PEIPEI sustain this price rally? Does it have all it takes to become the next PEPE? This article looks into the basic fundamentals of the project to analyze its possible future price action.
What Exactly Is PeiPei?
Developed on Ethereum, PeiPei blends the popular “Pepe” trend with the Asian pop culture to deliver an investment experience that’s beyond traditional digital assets. With its narrative, the token pays homage to tradition while also embracing the future of cryptocurrency.
According to its official website, PeiPei is the morphed version of “Matt Furies’ famous Pepe the Frog” though it has no connection or anything to do with the Pepe the Frog meme coin. At its core, PeiPei aims to create an engaging ecosystem that redefines the rules of engagement through humor and innovation.
PeiPei distinguishes itself with its zero taxes on buys and sells. This simply means users don’t have to worry about buying with a specific slippage.
PeiPei launched without a presale but has quickly gained market traction. At press time, the token has been listed on 12 crypto exchanges like Gate.io, MEXC, BitMart, Poloniex, and Uniswap with more still to come. PeiPei’s ability to secure multiple listings on these trading platforms significantly enhances its accessibility, exposing it to a wider audience.
Additionally, the viral Ethereum meme coin also made headlines following its recent collaboration with UFC fighter Gilbert Burns. This strategic partnership solidifies PeiPei’s position in the market.
Finally, PeiPei has a total supply of 420.69 trillion coins. In its roadmap, the project says it will go multichain to open its doors to degen investors from different meme coin communities.
Is PeiPei The Next Pepe?
Pepe made an explosive entry into the market in April 2023. Despite having no long-term plan, the project crossed the $2 billion market cap threshold within 20 days of its release.
In the past 12 months, the Pepe price has soared by over 521%, bringing significant gains to early movers. With a market cap of more than $3.8 billion, the frog-themed token has emerged as the third largest meme coin after Dogecoin and Shiba Inu.
Since Pepe has no defined utility, experts attribute its market success to the activeness of its well-established community alongside its no tax and burn policies.
PeiPei is another meme coin that aims to ride in the wave of Pepe’s wide acceptance to go viral. While sharing the same lore with the leading meme coin, PeiPei has shown that it is not just another copycat.
With its unique blend of cultural appeal and frog-inspired aesthetics, PeiPei has been making waves since its debut, rising by over 600%. In the last 24 hours, the PeiPei price has increased by 48%, a feat that speaks to the massive interest around it.
If the bullish momentum is sustained, the token’s price might rise even further, possibly reaching a new high of $0.0000004015 in the coming months. While PeiPei still has a long way to go to match Pepe’s success, its recent performance on the price charts is enough indication that it has such potential.
Pepe Unchained ($PEPU) Is Another Meme Coin That Can Replicate Pepe’s Success
Renowned as the upgraded version of Pepe, Pepe Unchained has taken the investing community by storm with its layer-2 functionality. The project has an exciting storyline that clearly illustrates how Pepe’s confinement in a clunky layer-1 server room has limited its potential.
In spite of its popularity, Pepe is trapped on the Ethereum layer-1 chain, a network that’s characterized by network delays and high gas fees. To address these challenges, Pepe, according to the storyline, has crafted a master plan to break his old chains and create a better one, known as Pepe Unchained.
In essence, Pepe Unchained is the first meme coin with a native layer-2 chain that can process transactions 100x faster than Ethereum. With that, Pepe Unchained is redefining the narrative in the meme coin landscape while also improving the trading experience of investors.
Aligning with other top presale meme coins around, Pepe Unchained has also introduced a staking facility, allowing early buyers to put their tokens to best use and earn passive rewards.
According to its website, 30% of the total supply of $PEPU has been dedicated to staking rewards. Those who purchase $PEPU right now will enjoy an APY reward of over 600%. Nonetheless, don’t forget this figure will reduce as more tokens are being staked.
The combination of these offerings has made Pepe Unchained the talk of the crypto town. Despite launching recently, the project has raised upwards of $3 million, demonstrating investors’ confidence in its short and long-term growth.
Jacob Bury, a prominent crypto YouTuber with more than 40k subscribers, says the utility and virality aspects of Pepe Unchained make it a compelling investment opportunity this year. Describing it as the next 10x Pepe Coin, Bury believes Pepe Unchained could become the next big crypto of 2024.
1 PEPU sells for a discounted price of $0.00835. Those interested can buy the token with BNB, ETH, USDT, and even credit/debit cards. Due to its explosive potential, Pepe Unchained’s presale offers the most profitable entry point into the investment.
Once the presale campaign is over, investors will be able to claim their $PEPU tokens. According to its roadmap, $PEPU will also open for trading at the same time with multiple listings on top exchanges in sight.
To stay updated about its future listings, follow Pepe Unchained on X or join its Telegram channel.
