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Ethereum meme coins thrive as traders applaud Trump’s changes to the SEC. Pepe Unchained presale raises $25 million by unveiling Pepe Pump Pad.
Ethereum meme coins are thriving as crypto traders encourage President-elect Trump to expel Gary Gensler from the SEC.
Yet it is the latest Ethereum coin, Pepe Unchained (PEPU)that everyone is watching.
The project is in pre-sale, which has now raised more than $25 million.
As the presale crosses the revered quarter-million mark, the Pepe Unchained team has just revealed its new idea, Pepe Pump Pad – a Pump.fun alternative for its layer 2 Ethereum blockchain.
Ethereum ecosystem booming amid Gensler resignation rumors
Ethereum-based meme coins outperformed the broader market this week.
This comes as rumors swirl that SEC Chairman Gary Gensler will resign before Donald Trump is sworn in on January 20, 2025. Trump made no secret during his campaign that he would fire Gary Gensler, his Negative sentiment being fueled by Gensler’s brash approach. regulate financial markets.
This goes against everything Trump stands for. He is a political figure who emphasizes deregulation.
And Trump’s hands-off approach is giving Ethereum tokens a tailwind. Although the SEC gave the Ether ETF the green light this year, that hasn’t stopped it from trying to take down the biggest players in the ecosystem. Open Sea, ConsensysAnd Uniswap were all fair game.
The SEC has been a choke point for Ethereum’s development. But now that they are gone, the ecosystem is thriving again.
But as always, meme coins outperform.
While ETH rose 16% last week, Pepe soared 21% and First Neiro On Ethereum rose 45%.
But it’s not just Ethereum blue chip coins that are making a splash. Investors are also rushing to pre-sell Pepe Unchained ahead of Trump’s next presidential term.
Its $25 million presale raise is a testament to its unique use case, building Ethereum’s first layer 2 blockchain focused on coins.
If the Ethereum As the meme coin ecosystem and season continues to grow, Pepe Unchained is perfectly positioned to capture large capital inflows.
“Pepe Pump Pad” allows users to throw coins even in 2 clicks
Amid its pre-sale momentum, Pepe unleashed this week unveiled the “Pepe Pump Pad,” its answer to Solana’s viral Pump.fun platform.
Pump.fun is a meme coin generator app that allows users (even without knowing how to code) to spin a meme coin in minutes and at minimal cost.
This opens the floodgates, allowing people to let their imaginations run wild. So it’s no surprise that the tool has spawned some of Solana’s wildest and wackiest joke tokens.
Pump.fun memes are skyrocketing this week, with favorite Goatseus Maximus up 59% to a massive market cap of $831 million. Meanwhile, Pump.fun-created tokens like Fwog, Michi, and Moo Deng have all outperformed the broader market with pumps above 30%.
And now, Pepe unleashed brings the excitement of an open coin generator to the Ethereum ecosystem via its fast and low-cost Layer 2 blockchain.
While Ethereum was bound by archaic transactional capabilities, Pepe Unchained opens its lens to transparent ownership of Ethereum-based coins, increasing transaction speed by 100x and reducing costs.
This makes it ideal for high-frequency trading, which is an essential part of meme coin trading.
Taking into account Ethereum’s DeFi and unmatched liquidity infrastructure, the new Pepe Pump Pad could see significant growth.
Whale Buys $100,000 in 2 Trades This Week
Smart Money understands the opportunity that Pepe Unchained presents.
The total raise of $25 million was supported by countless high-value investments, two of which amounted to over $100,000 this week alone.
One Deep-Pocketed Trader Hoarded 2.2M PEPU for $22,000, While Another Recovered 6 million PEPU for $77,000.
At the same time, leading industry analysts are hailing it as the next big thing. Crypto Nitro told its 148,000 followers that Pepe Unchained might be the best coin to invest in.
Interest from major market players suggests that Pepe Unchained is not one to miss, even though we already know it based on its revolutionary use case.
For more information, visit the Pepe Unchained pre-sale site and join the community on X or join his Telegram for updates.
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