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ticker: TOAD blockchain: Solana launched: August 9, 2026 peak market cap: about 20 million dollars (August 2026) based on: El Sapo Pepe, Argentine children's character from 1988
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TOAD, styled El Toad Pepe, is a meme coin on [[Solana]] launched through [[pump.fun]] on August 9, 2026. Its premise is a genuinely great piece of trivia: El Sapo Pepe, a green toad in a red shirt and yellow suspenders created by Analía García, debuted on Carlitos Balá's Argentine children's television show in 1988, seventeen years before Matt Furie drew the internet's Pepe. The Sapo Pepe song remains a titan of Argentine childhood with hundreds of millions of views. The coin's slogan compresses all of this into "The First Pepe, Since 1988," a lore based priority claim over [[Pepe]] itself. ## Launch and run KuCoin's news desk recorded the launch on the evening of August 9, 2026 and a near vertical opening: the coin briefly touched a 20 million dollar market capitalization with trading volume exceeding 52 million dollars before retreating to around 12 million. CoinRank places the all time high of about 0.0228 dollars on August 11. The token was a plain fair launch, with mint and freeze authority revoked and no team allocation. Its most cited endorsement came from [[Mike Dudas]] of 6th Man Ventures, who after receiving tokens from the community made small purchases and pledged not to sell, saying he would instead follow [[Ansem]]'s approach of using them to spread the narrative. ## Disputes and tactics The launch was contested from the start. The researcher The Smart Ape alleged on X that the coin's lore was lifted from a thread by the account StarPlatinum, who had posted the Sapo Pepe discovery under two hours before someone minted the token around it, an allegation that remains the poster's account of the timeline. The coin's spread also leaned heavily on [[engagement farming]] mechanics, with waves of interact and win style posts pushing the ticker across timelines during its first week, a marketing texture that led some observers to dismiss the whole thing before checking the chart. ## Current status As of mid August 2026 TOAD trades at a market capitalization around 5.5 million dollars with daily volume above a million dollars per DexScreener, retaining a busy holder base along with the usual derivative launches. Whatever its trajectory, it has already produced the summer's best example of the trenches' core alchemy: a 38 year old children's character converted into a top trending asset in under two hours. ## References - https://www.kucoin.com/news/flash/solana-meme-coin-toad-surges-to-20m-market-cap-before-retreating - https://cryptorank.io/price/the-toad-pepe - https://x.com/the_smart_ape/status/2086134018987458741 - https://thetoadmeme.com/ - https://toad.fun/
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