CoinClear

Blast Pepe

0.8/10

Pepe on Blast L2. The chain's yield-farming culture never evolved into a memecoin hub, leaving this token stranded.

Updated: February 16, 2026AI Model: claude-4-opusVersion 1

Overview

Blast Pepe appeared on Blast, the L2 known for native yield on ETH and stablecoins. Blast attracted significant TVL during its points-driven launch, but the user base was overwhelmingly yield farmers and airdrop hunters rather than memecoin traders. This created a poor environment for meme tokens.

After Blast's airdrop, the chain saw significant user exodus. Blast Pepe, already struggling for attention, lost what little audience it had as the chain's daily active users declined sharply.

Community

Minimal community. Blast users were primarily farming the airdrop and yield, not building meme communities. Post-airdrop exodus further reduced any community that existed.

Liquidity

Very thin liquidity on Blast DEXs like Thruster. The post-airdrop TVL decline on Blast has made all liquidity pools thinner. Small trades may be possible but with poor execution.

On-Chain Metrics

Low and declining on-chain activity, tracking Blast's overall user decline. The token's metrics are inseparable from the chain's overall trajectory.

Development

No development. Token deployment with no features or plans.

Risk Factors

  • Blast chain itself has seen significant post-airdrop user decline
  • Blast's culture was farming-focused, not meme-focused
  • Chain TVL decline reduces available liquidity for all tokens
  • No community or development
  • Blast's long-term viability as an L2 is uncertain
  • Dependent on a chain with questionable retention

Conclusion

Blast Pepe scores 0.8. The token's fate is tied to Blast's declining ecosystem. Even if Blast recovers, the chain's farming culture doesn't support memecoin growth.

Sources