TLDR:
- The asset suffered a 96% drop simply minutes after its preliminary itemizing within the Uniswap liquidity pool.
- The absolutely diluted valuation (FDV) crashed from $255 million to simply $42 million following the collapse.
- A single pockets executed a large $31,000 promote order through the token’s first minute of buying and selling.
Following the launch of the PEPENODE token on Thursday, January 8, the memecoin market skilled a brand new episode of maximum volatility. Though the asset raised $2.7 million throughout its presale part that started in 2025, its Uniswap debut proved disastrous for buyers.
In simply minutes, the value plunged from an preliminary $0.001212 to an all-time low of $0.00007058, representing a loss in worth of over 96% in file time. The magnitude of the motion was exacerbated by large promote orders from the very first second of buying and selling.
Notably, one whale liquidated over $31,000 value of the PEPENODE token, triggering a domino impact that decimated the boldness of presale individuals.
Whereas the value tried to stabilize close to $0.0002, the asset nonetheless maintains an 84% devaluation relative to its itemizing value, leaving the mission underneath intense scrutiny from the neighborhood.
Valuation Reassessment and Subsequent Steps for the Mine-to-Earn Challenge
The market correction additionally compelled a drastic adjustment within the protocol’s monetary metrics. On the time of itemizing, the PEPENODE token boasted a completely diluted valuation (FDV) of $255 million—a determine thought of extreme by analysts for a mission with an nameless crew and no practical product launched.
Following the crash, the FDV fell to $42 million, reflecting a extra lifelike reassessment of the invested enterprise capital.
Regardless of this monetary setback, the crew behind PepeNode asserts that they may proceed with their roadmap to implement a browser-based mining simulation platform.
The objective is for customers to make use of the PEPENODE token to amass and improve digital nodes, simulating hash energy and incomes rewards inside a gaming atmosphere.
The funding neighborhood will intently monitor whether or not the activation of the on-chain model of its interface manages to get well the quantity and belief misplaced throughout this turbulent premiere.
