Pepe Unchained is setting the pace in the crypto market today, surging by 79% and trending number one on CoinMarketCap.
So the question becomes, will other trending Pepe alternatives, Turbo and Wall Street Pepe, explode next?
Pepe Unchained Soars After Biggest ICO of 2024
Pepe Unchained is trading at a staggering $335 million market cap after launching just two days ago.
Before its exchange launch, $PEPU underwent the biggest presale of 2024, raising $73 million. This was a massive commitment from the community, underlining just how much support this project had garnered.
Pepe Unchained is not just a meme coin. It has built the first Pepe-themed Ethereum layer 2 blockchain. It’s 100x faster and much cheaper than the Ethereum main network, and it launched without a hiccup.
Now, traders can buy, sell, and create meme coins with Ethereum’s security and Solana-grade scalability.
As such, its out-the-gate success was no surprise.
Currently, Pepe Unchained is trading at $0.04103, up 75% today and 336% since CoinMarketCap began tracking its price data on Tuesday.
And its position as the number one trending token on CoinMarketCap provides a huge spotlight that could enable continued growth.
On continued growth, analysts believe that Pepe Unchained has much more gains ahead.
Analyst Says Gains Still to Come For PEPU
Pepe Unchained has caused a huge buzz on social media, with top analysts hailing its early momentum and suggesting that it could become one of the top meme coins.
99Bitcoins analyst Jacob Bury dubbed Pepe Unchained a “success story” and suggests that the coin could “absolutely pump.”
Bury underscored that Pepe Unchained’s price action shows real momentum, concluding that “we could see more continuation to the upside.”
It’s also worth noting that the team has multiple high-potential moves planned for the forthcoming weeks.
This includes the launch of Pepe Pump Pad, a no-code launchpad that allows anyone to create a meme coin in seconds.
$PEPU will also launch on tier-1 exchanges, and there is speculation that Coinbase is interested, given its recent listings of Peanut the Squirrel, Moo Deng, and Turbo.
Lastly, the Pepe Unchained team will purchase an add-in for Times Square, New York, to promote $PEPU in one of the world’s most iconic tourist attractions.
So yes, Pepe Unchained still has room for growth. However, those seeking to maximize their returns are positioning in other projects that could explode even more.
Turbo Can Rise, But Wall Street Pepe Is the Next Moonshot
Pepe Unchained’s growth underlines the huge potential of Pepe alternatives.
Right now, Turbo is another popular Pepe alternative, also claiming the title of “first AI-created meme coin.”
The project has enjoyed notable success recently, especially after being listed on Coinbase this week.
Given its Pepe roots and proximity to the AI meme coin narrative, analysts expect the token’s uptrend to continue.
However, Turbo is already well-established, with a whopping $851 million market cap. While it can still rise from here, its upside is limited compared to a newer alternative, such as Wall Street Pepe.
Traders are tipping Wall Street Pepe as the next Pepe Unchained, citing its similar launch pattern and innovative approach.
Like Pepe Unchained, Wall Street Pepe has launched via a token presale, allowing traders to buy at a ground floor price.
And also like Pepe Unchained, the project is focused on utility rather than pure memetics like the original Pepe.
Wall Street Pepe brings in the high-octane energy of Wolf of Wall Street, aiming to turn its cohort of holders into profit-maximizing wolves.
It’s doing this by equipping them with institutional-grade trading tools.
This includes buy and sell signals, meme coin picks, data insights, a trading insider’s group, trading rewards, and even staking.
RJ, the host on the Cryptonews YouTube channel, suggests that anyone who missed the Pepe Unchained presale could buy Wall Street Pepe as an alternative.
The project’s presale is ongoing, and it has raised $6 million so far. The current price is $0.000211, but this will rise in three days.
