What Is PEPE?
PEPE is a deflationary memecoin launched on Ethereum. The cryptocurrency was created as a tribute to the Pepe the Frog internet meme, created by Matt Furie, which gained popularity in the early 2000s. Pepe Coin (PEPE) is a deflationary meme coin operating on the Ethereum blockchain. It was created as a tribute to the popular internet meme, Pepe the Frog. Like other meme coins, its value is largely driven by community engagement and market speculation.
The project aims to capitalize on the popularity of meme coins, like Shiba Inu and Dogecoin, and strives to establish itself as one of the top meme-based cryptocurrencies. PEPE appeals to the cryptocurrency community by instituting a no-tax policy and being up-front about its lack of utility, keeping things pure and simple as a memecoin.
In late April to May 2023, the explosive surge of PEPE caused its market cap to reach a high of $1.6 billion at one point, minting millionaires out of early holders and attracting a strong community of like-minded followers. It has induced what some may dub a “memecoin season,” causing other memecoins — some launched within hours — to go on spectacular pumps and just as astounding dumps. It remains to be seen if PEPE and other memecoins will go on to new highs, although that is certainly the hope of many believers waiting for the coming BTC halving cycle praying for a Bull Run.
The PEPE roadmap features three phases, where phase one includes listing on CoinMarketCap, and getting $PEPE trending on Twitter, while phase two includes listing on centralized exchanges (CEXs) and phase three includes “tier 1” exchange listings and what the team terms a “meme takeover.”
Who Are the Founders of Pepe?
As of now, the founders of PEPE remain anonymous, which is not uncommon in the cryptocurrency world. Although information about the team behind the project is scarce, they have successfully garnered attention using social media platforms such as Twitter to promote their meme coin and foster a community around the memecoin.
What Makes PEPE Unique?
PEPE presents a unique offering within the meme coin market by building upon the legacy of Pepe the Frog, a character with a longstanding and controversial history. The project’s dedication to honoring this character distinguishes it from other cryptocurrencies and strengthens its appeal within the crypto community.
How Many PEPE Coins Are There in Circulation?
PEPE employs a redistribution system that rewards long-term stakers, offering them incentives to remain committed to the project. This approach encourages coin stability by rewarding users for holding the token rather than selling it quickly. Additionally, PEPE features a burning mechanism whereby a portion of the coins are permanently removed from circulation on a regular basis. This aims to maintain scarcity despite the coin’s 420,690,000,000,000 maximum supply.
Of the maximum supply, 93.1% were sent to the liquidity pool on Uniswap, where LP tokens were burnt, and the deployer contract was sent to a null address. The remaining 6.9% is held in a multi-sig wallet, for future CEX listings, bridges and liquidity pools. Users can track the PEPE/WETH pair on CMC DexScan.
How Is PEPE Secured?
PEPE is an ERC-20 token on the Ethereum blockchain, which is secured by the Proof-of-Stake (PoS) consensus mechanism. Decentralized validators stake 32 ETH to process transactions and secure the network.
Where Can You Buy PEPE?
PEPE can be traded on Uniswap (V2), Uniswap (V3), Binance, KuCoin, Huobi, Gate.io, MEXC and more.
Want to keep track of PEPE prices in real-time? Download the CMC mobile app to get live price updates.
What is Pepe coin for?
Pepe (PEPE) is a deflationary meme coin that operates on the Ethereum blockchain. It was developed as a tribute to the Pepe the Frog internet meme, which gained popularity in the early 2000s. The project aims to leverage the popularity of meme coins and position itself as a notable meme-based digital asset.
Can Pepe Coin reach $1?
Even reaching $0.10 would require a market cap that dwarfs the entire crypto space. 💭 The $1 Dream – A Hyperinflation Fantasy? To entertain the idea of PEPE hitting $0.50 or $1, we’d need to imagine: Unprecedented hyperinflation, collapsing global financial systems.
Which country made Pepe coin?
the United States of America
Pepe Coin (PEPE) is a meme cryptocurrency project that was launched on May 17, 2023, by a team based in the United States of America.
How high could Pepe go?
In 2025, CoinPedia believes that PEPE could go as high as $0.00000731823 level. Changelly is more bullish, predicting an average price of $0.0000335. CoinCodex’s Pepe price prediction sees the token to reach a potential high $ 0.000106 in 2025.
