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The trending meme coin Wall Street Pepe (WEPE) has kicked off its Solana migration announcement with a bang, burning over 770 million tokens on Ethereum within just two days.
As part of this multi-chain expansion, every WEPE purchase on Solana burns the equivalent amount of tokens on Ethereum, balancing both ecosystems.
Following the SOL integration announcement, the impact on WEPE’s price has been immediate. WEPE has surged by nearly 40% in the last 24 hours, reaching a market cap of almost $15 million.
Launching on Solana
You can buy early
Every dollar buy on $SOL = burns $WEPE on ETH
Once ETH $WEPE hits $0.001 → $SOL Peg goes 1:1
Sol buy = Eth burn 🔥 🔥 🔥
New site, new plans, the Solana expansion begins
🐸⚔️🐸⚔️🐸⚔️ pic.twitter.com/c3GBYJZliX
— Wall Street Pepe (@WEPEToken) August 19, 2025
Given that this token only launched in February 2025, the recent performance is a strong statement that the frog is showing no signs of slowing down. With a community of over 79,000 wallet holders and 68,000 followers on X, WEPE is now looking to stamp its dominance on the chain most synonymous with meme coin trading.
The timing for this integration could not be better, as popular meme coins such as BONK, POPCAT, and PENGU have all witnessed breakout runs on the Solana blockchain in the past few months.
Through this integration, WEPE aims to capture the best of both ecosystems – Accessing Ethereum’s liquidity depth while benefiting from Solana’s lightning speeds and low costs.
WEPE’s Fixed Supply Model Protects Holders from Dilution
Unlike other multi-chain expansion events that leave one community diluted, WEPE SOL tokens will be pegged 1:1 with WEPE ETH tokens.
The mechanics state that for every dollar of Solana WEPE minted, the same dollar value of Ethereum WEPE is bought back and burned forever. During the early access stage, buying with Ethereum instantly burns WEPE on ETH.
If you pay with SOL, USDC, or a card, those purchases are added up, and the same amount of WEPE will be burned on Ethereum at the Token Generation Event (TGE), when your Solana WEPE is minted and airdropped. This model guarantees the overall 200 billion token supply never changes.
So far, over 562 burns have taken place, through which more than 771 million WEPE ETH tokens have been permanently removed from the supply. At launch, a further 867 million WEPE ETH tokens will be burned.
Therefore, Wall Street Pepe ensures there are no chances for any token dilution or surprise inflation. The 771 million token burns is proof that demand for this integration is growing rapidly.
5,000 Piece NFT Collection Designed by the WEPE Army Drops Soon
While the token migration continues, community remains at the heart of Wall Street Pepe. The project’s first 5,000-piece NFT collection drops on Ethereum this Friday, August 22, as a free mint.
Notably, the NFT designs have come directly from the WEPE Army, the exclusive community of over 1,300 traders who have a track record of providing huge gains through their Alpha Calls.
Here’s how the allocation will be distributed:
- 1,000 reserved for Alpha Chat members
- 1,500 earmarked for Quest participants
- 500 will be distributed via community events
- 2,000 allocated for the public on a first-come, first-served basis.
Each NFT unlocks perks like private Alpha Chat access, exclusive events, and deeper community engagement. While this drop is staying true to Ethereum, the team has hinted that future NFT utilities, from gamified mechanics to token-gated tools, will benefit from Solana’s faster and cheaper network.
How to Join the Solana Expansion
The early access phase for Solana WEPE is live now, with tokens priced at $0.001 each ahead of the TGE.
To secure your allocation, use ETH, SOL, USDT, USDC, or a bank card through top wallet providers such as Best Wallet, which provides a simple way to participate across chains.
At TGE, all early allocations will be airdropped to participants, while an equivalent supply is burned on Ethereum. Once launched, holders can swap ETH WEPE for SOL WEPE at a 1:1 valuation, with no additional cost.
For more information, follow Wall Street Pepe on X and Telegram.
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