Overview
FTM Pepe launched on Fantom Opera, bringing the Pepe meme to Andre Cronje's chain. Fantom had a vibrant DeFi scene in 2021-2022, particularly around Solidly and ve(3,3) protocols, but its memecoin culture was always secondary.
The chain's migration from Fantom (FTM) to Sonic (S) has created significant upheaval. Legacy Fantom tokens face an uncertain future as the ecosystem transitions. FTM Pepe is caught in this migration limbo, with unclear status on the new Sonic chain.
Community
Minimal community. Fantom's remaining users are either migrating to Sonic or engaged in DeFi, not meme trading. The migration has fragmented whatever small community existed.
Liquidity
Effectively zero. Fantom Opera DEXs like SpookySwap have seen declining activity as the ecosystem transitions to Sonic. Any FTM Pepe pools are abandoned.
On-Chain Metrics
Near-zero activity on Fantom Opera. The chain is in managed decline as Sonic takes over. Legacy meme tokens are among the first casualties.
Development
No development. The Fantom-to-Sonic migration creates additional technical uncertainty about the token's future.
Risk Factors
- Fantom to Sonic migration leaves legacy tokens in limbo
- No clear migration path for meme tokens
- Fantom Opera activity is declining rapidly
- No community or development
- Sonic chain has its own nascent meme ecosystem that may not include legacy tokens
- Effectively zero liquidity
Conclusion
FTM Pepe scores 0.6. The Fantom-to-Sonic migration has made this token's situation even worse than a typical dead memecoin — it exists on a chain that is actively being deprecated.