PepeNode Token Plummets 90% Minutes After Uniswap Debut - Crypto Economy

CryptoEconomy · 2026-01-10T02:11:08+00:00

TLDR: The asset suffered a 96% drop just minutes after its initial listing in the Uniswap liquidity pool. The fully diluted valuation (FDV) crashed from $255 million to just $42 million following the collapse. A single wallet executed a massive $31,000 sell order during the token’s first minute

CryptoEconomy

2026-01-10 02:11:08

TLDR:

The asset suffered a 96% drop just minutes after its initial listing in the Uniswap liquidity pool.
The fully diluted valuation (FDV) crashed from $255 million to just $42 million following the collapse.
A single wallet executed a massive $31,000 sell order during the token’s first minute of trading.

Following the launch of the PEPENODE token on Thursday, January 8, the memecoin market experienced a new episode of extreme volatility. Although the asset raised $2.7 million during its presale phase that began in 2025, its Uniswap debut proved disastrous for investors.

In just minutes, the price plunged from an initial $0.001212 to an all-time low of $0.00007058, representing a loss in value of over 96% in record time. The magnitude of the movement was exacerbated by massive sell orders from the very first second of trading

Notably, one whale liquidated over $31,000 worth of the PEPENODE token, triggering a domino effect that decimated the confidence of presale participants.

While the price attempted to stabilize near $0.0002, the asset still maintains an 84% devaluation relative to its listing price, leaving the project under intense scrutiny from the community.

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Valuation Reassessment and Next Steps for the Mine-to-Earn Project

The market correction also forced a drastic adjustment in the protocol’s financial metrics. At the time of listing, the PEPENODE token boasted a fully diluted valuation (FDV) of $255 million—a figure considered excessive by analysts for a project with an anonymous team and no functional product launched

Following the crash, the FDV fell to $42 million, reflecting a more realistic reassessment of the invested venture capital.

Despite this financial setback, the team behind PepeNode asserts that they will continue with their roadmap to implement a browser-based mining simulation platform

The goal is for users to use the PEPENODE token to acquire and upgrade virtual nodes, simulating hash power and earning rewards within a gaming environment

The investment community will closely monitor whether the activation of the on-chain version of its interface manages to recover the volume and trust lost during this turbulent premiere.

MEME-5,07%

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