Wall Street Pepe Explodes 40% After Burning 500M WEPE on Ethereum - Solana Debut Sparks Frenzy!

Wall Street Pepe just pulled off the ultimate deflationary power move—torching half a billion tokens in a single Ethereum burn.

The Aftermath: Price Rocket

Investors watched in awe as WEPE surged 40% overnight. That token burn didn't just reduce supply—it lit a fuse under the entire market.

Solana's Role: Multi-Chain Domination

Fresh off its Solana debut, Wall Street Pepe's proving memecoins aren't just a one-chain game. Cross-chain liquidity? Check. Maximum chaos? Absolutely.

Why This Burns Different

Unlike traditional finance's 'tokenomics'—where executives just print more stock—this burn actually creates scarcity. Who would've thought? A meme coin with better monetary policy than the Fed.

Source: TradingView

Why is Wall Street Pepe burning WEPE tokens?

Wall Street Pepe’s move to Solana comes with a built-in balancing act where the hard cap of 200 billion WEPE tokens never changes.

This balancing act – the token burns – ensures ETH holders don’t get diluted. In fact, it concentrates value across the fixed supply, since, as mentioned, every new mint on Solana is offset by a permanent burn on Ethereum.

And since launching on Tuesday, over 500 million WEPE has already been bought and burned on Ethereum. It’s the clearest signal yet that demand for Solana WEPE is fueling real supply destruction on ETH.

During the current early access phase, purchases with ETH automatically trigger real-time buy-and-burns of WEPE on Ethereum. Purchases made with SOL, USDC, or a card are matched by scheduled burns at the Token Generation Event (TGE), when the equivalent amount of SOL WEPE is minted and airdropped.

This ensures the peg between ETH WEPE and SOL WEPE stays intact. With centralized exchanges listing WEPE under one ticker, any short-term price gap between chains is quickly leveled out by traders through arbitrage.

Post-TGE, the same mechanics continue: every SOL-side allocation will always be neutralized by live burns of ETH WEPE. The result is a fixed-supply system that preserves value for holders while gradually shifting more liquidity and utility onto Solana.

Nonfungible Tokens – Or Better Yet, Nonfungible Toads – Will Soon Move to Solana Too?

As mentioned, the suited frog’s first NFT collection drops on Ethereum, staying true to the chain where WEPE was born.

While the token supply begins its migration to Solana, the NFTs give ETH holders another way to rep the brand without missing out on the culture.

The 5,000-piece free mint is allocated as follows:

• 1,000 spots for Alpha Chat members
• 1,500 spots for QuestN participants
• 1,000 spots for community activations
• 1,000 spots for partnerships and cross-community collabs
• 500 NFTs reserved for the team vault and future rewards (TBC)

What makes it different? These NFTs were dreamt up by the community itself as another way to flex WEPE loyalty. Each NFT unlocks access to the Alpha Chat, inner-circle perks, and exclusive events – pulling the army even closer into the project.

The collection launches this Friday, and if you’re on the whitelist, you’re in for a true free mint.

And while this drop lives on Ethereum, the team has hinted that future NFT integrations – from gamified mechanics to token-gated tools – could eventually find a smoother home on Solana’s faster, lower-cost rails.

Here’s How to Secure Your SOL WEPE Allocations

The WEPE (SOL) early access phase is live, with allocations priced at $0.001 per token ahead of TGE. This lets users lock in their Solana-based WEPE before launch.

Allocations can be secured using ETH, SOL, USDT, or USDC through their favorite wallet – including Best Wallet (BEST), often ranked among the best crypto wallets in the space.

Card payments are also supported. After TGE, ETH WEPE holders will be able to swap 1:1 for the Solana version at no cost.

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