The latest trend among new coins on Uniswap is tokens that want to ‘re-do the billion dollar run’ of recent meme coins that made it big.
Pepe2.0 (PEPE2.0) kicked off that trend this week, listed on Uniswap on June 28th and already reaching an over $30 million market cap at the time of writing.
While that’s still a long way off the current $600 million market cap of Pepe – and almost $2 billion at its peak, the day its Binance listing was announced – it has so far had an explosive rally.
#Pepe2 as it’s being called across Twitter and social media was quickly followed by SHIB2.0 (SHIB2.0) which is now the most trending cryptocurrency ‘hot pair’ today on DEXTools, up approximately one thousand percent.
$DOGE2.0 and $WOJAK2.0 have also been trending, alongside even a $PEPE3.0 token and Half Pepe (PEPE0.5).
One of the most famous crypto bull runs was that of SafeMoon in 2021, which minted new millionaires before crashing, and its V2 version didn’t help the $SAFEMOON price recover.
The nostalgia over that April to May 2021 rally – around the same time as Dogecoin also having its blow-off top – has led to SafeMoon 3.0 (SFM3.0) being listed on Uniswap today.
View the SafeMoon 3.0 contract on Etherscan here.
Its official Twitter @Safemoon3eth simply states ‘missed SafeMoon and SafeMoon2 – SafeMoon3.0 is here and will go to the moon’.
Early buying volume has been high, including buys of over 70 ETH and a total of 150 trades and over $1 million in volume passed within five minutes of its launch – view the latest price chart on DEXTools.
At press time $SFM3.0 has a low market cap of approximately $100k.
SafeMoon3.0 has a renounced contract and locked liquidity pool, and early alpha callers expect it to perform well in the coming days.