PepeNode Token Launch on Uniswap Ends With 90% Price Drop Minutes After January 8 Listing

PepeNode, the meme-themed crypto project building a mine-to-earn gaming platform, launched its PEPENODE token on Uniswap on January 8, 2026. The launch followed the conclusion of the PepeNode presale, which began in August 2025 and raised $2.7 million.

Within minutes of the Uniswap listing, the PEPENODE token dropped sharply by more than 90%, resulting in significant losses for presale participants as trading opened.

PepeNode Uniswap Listing Details and Early PEPENODE Token Price Movement

At 14:00 UTC, 37 ETH and nearly 95 million PEPENODE tokens were added to the Uniswap liquidity pool, representing a token price of $0.001212.

Within minutes of launch, the PEPENODE price dropped to an all-time low of $0.00007058, a 96% decline from the Uniswap listing price.

The largest individual selloff involved a wallet that sold more than $31,000 worth of PEPENODE tokens in the first minute of trading.

Approximately one hour after launch, the token rebounded to $0.0002827, still down 76% from the listing price.

Since then, the token has continued to fall, with trading activity declining after the initial launch period. At the time of writing, it has recovered to approximately $0.0002, an 84% decline from the Uniswap listing price.

PEPENODE Fully Diluted Valuation at Launch Compared to Post-Listing FDV

The PEPENODE token has a total supply of 210 billion tokens. At the Uniswap listing price of $0.001212, the project’s fully diluted valuation (FDV) was approximately $255 million at launch.

This high valuation placed the project above many established tokens, despite the absence of a released product, no demonstrable visibility beyond crypto presale marketing channels, and an anonymous team structure.

Following the sharp market correction, the FDV adjusted quickly. At the current trading price of approximately $0.0002, the fully diluted valuation of $PEPENODE is $42 million, reflecting a significant market reassessment shortly after the token became publicly tradable.

What PepeNode Is Building and the Planned PEPENODE Platform Rollout

PepeNode is positioning itself as a mine-to-earn crypto project that combines meme-coin branding with a browser-based mining simulation platform. Instead of physical mining hardware, users are intended to purchase and upgrade virtual mining nodes with the PEPENODE token, using in-game mechanics that simulate hash power, rewards, and infrastructure growth.

During the presale period, PepeNode released an off-chain version of its mining interface, enabling users to interact with a basic simulation and staking system prior to the token launch. The project also introduced staking rewards during the presale, with emissions scheduled to continue after the token generation event.

Following the January 8 token launch, the project’s short-term plan is to activate the on-chain version of the PepeNode mining platform, where users can spend PEPENODE tokens directly in-game to acquire virtual nodes and upgrades. According to previously published roadmap information, the full mining gameplay is expected to be rolled out in stages in the weeks following the token listing, alongside continued staking functionality.

PepeNode has stated that future updates also include expanding the mining system, introducing competitive elements such as rankings, and adding additional in-game mechanics tied to token usage. The timing and scope of those releases will be closely watched following the token’s initial market performance.