PEPE Coin is a Memecoin released on Ethereum inspired by the green frog PEPE. PEPE has reached a market capitalization of 1 billion USD in less than a month and is listed on many major exchanges. So what is Pepe Coin? Let’s learn about this meme coin in the article!
What is PEPE?
Pepe Coin ($PEPE) is a popular meme coin built on the Ethereum blockchain. Since its public launch in April 2023, Pepe Coin has quickly become one of the top 50 traded cryptocurrencies.
PEPE’s slogan: “The most memeable meme coin in existence. The dogs have their day; it’s time for Pepe to talk reign,” suggesting that the PEPE coin will end the domination of dog memes.
- PEPE coin has no connection with Matt Furie or the Pepe the Frog work. This token pays homage to a meme we all love and recognize.
- PEPE is a meme coin with no intrinsic value or expectation of financial return. There is no official team or roadmap. PEPE is intended for short-term entertainment and speculation purposes only.
So what does this meme project have to say so eloquently?
The most remarkable points of PEPE
Of course, PEPE must have something outstanding to stand on the same plate with meme coin monuments like Dogecoin or Shiba Inu.
- Like Dogecoin and Shiba Inu, PEPE is also inspired by the famous Internet meme, the well-known green frog, the image of a green frog that has been manipulated to appear on all social networks. It is this familiarity that helps PEPE quickly win the hearts of the community.
- PEPE is highly decentralized and has no control over the circulating supply. PEPE developers have no control over the smart contract.
- And the most remarkable point is also the most vital of PEPE: the community. PEPE has a large gathering on social networking platforms, from Facebook, Twitter, to Telegram. There was a time when PEPE was one of the hottest keywords on Twitter, hotly discussed by users.
The project’s Twitter page has nearly 300,000 followers, each post has a high amount of interaction.
- Although PEPE was only launched on April 16, 2023, this project has achieved a capitalization of over 1.8 billion USD, a number that can be said to be the dream of many meme coin projects, including those official projects.
- At the time of writing, through several corrections, PEPE’s capitalization remains above $600 million and is ranked as the 76th largest coin on Coingecko in terms of capitalization.
Pepe market capitalization
- As a rare meme coin listed by major CEX exchanges after a short time of launch, CEX exchanges have listed PEPE, including Binance, Kucoin, and Bybit…
Although officially launched on April 16, 2023, Pepe has had more than 835,480 transactions, 171,504 buyers, and more than 93,789 sellers (till May 2023).
- Currently, Pepe coin is ranked 60th in terms of market capitalization according to CoinGecko and has at one point reached over $1.1 billion. With its hot growth, PEPE not only brought a new breeze to the market but also brought an extremely high profit for early investors.
At the time of writing, according to CoinmarketCap figures, there are about 115,875 addresses that own PEPE. Since its launch to the present, the number of addresses owning PEPE has always increased and has not shown any signs of decline.
Token PEPE
- Token Name: Pepe
- Code: PEPE
- Development on Blockchain: Ethereum
- Contract: 0x6982508145454ce325ddbe47a25d4ec3d2311933
- Total Supply: 420,690,000,000,000 PEPE
- Circulating Supply: 420,690,000,000,000 PEPE
PEPE Token Allocation
With Liquidity Pool is 391,662,390,000,000 PEPE (93.1%) and CEX Listing is 29,027,610,000,000 PEPE (6.9%)
93.1% will be sent to the Liquidity Pool, while 6.9% will be kept in a multi-sig wallet, this number will only be used as a token for centralized trading lists, bridges, and Liquidities. Pools in the future. This wallet is easily trackable with the ENS name “pepecexwallet.eth”.
What is PEPE token used for?
As described at the top of the article, the PEPE token is not used for anything. PEPE has no utility or practical application. PEPE is simply “a coin meme created for entertainment purposes”
Because it is a meme, it is always highly volatile, so when investing in PEPE, it should be considered a form of “short-term investment” and absolutely “not all in”.
Where can buy PEPE?
Right from the early days, PEPE has been listed on most DEX and CEX exchanges.
- Specifically, the CEXs include Gemini, Huobi, Bitget, Binance, Bybit, OKX, Kucoin, Crypto.com, and BingX. …
- For DEX there is “Uniswap“.
PEPE storage wallet
PEPE can be stored on any wallet that supports the Ethereum network (ERC-20). Like Metamask, Trust Wallet, Coin98 Wallet…
Roadmap
PEPE mentions the development roadmap as follows:
- Phase 1: Launch and listing on Coinecko and CoinMarketCap. Expect more than 1,000 people to hold and make PEPE trending on Twitter.
- Phase 2: Listing on CEX exchanges and expecting more than 10,000 holders. Build PEPE token community.
- Phase 3: Develop features like Pepe Merch, Pepe Academy and Pepe Tools.
PEPE team
PEPE has no official team and the people behind PEPE are anonymous.
PEPE Partners and Investors
Since PEPE has no funding rounds, the project will have no official investors or partners.
Should I buy PEPE?
Buying or not is a personal decision. Each person’s situation and position is different, in my opinion, you should find out and decide for yourself, don’t listen to anyone.
However, before investing in meme coins, you should note a few things:
- No FOMO and no all in.
- Meme coin is highly volatile and risky, so it is important to learn carefully before investing.
- No long-term investment.
- Not every project is as “long-lived” as Dogecoin or Shiba Inu… there are many meme coin projects out there that are created just for the sake of scam, rug pull, then disappear quickly.
Bottom Line
PEPE in particular and the coin meme in general have long been an integral part of the vast cryptocurrency ecosystem. As long as cryptocurrencies grow, the coin meme will still exist.
PEPE may be the winning lottery ticket if you enjoy currency memes and don’t want to miss the upcoming meme wave. PEPE is unquestionably the most intriguing currency available today with its hilarious, straightforward, basic, and welcoming approach. PEPE succeeded in its goal of making everyone smile. I hope that you use the same perspective while considering the PEPE currency. Never place too much faith in PEPE coin speculation. Even if Pepe is the king of memes in the world of cryptocurrency, you are still in charge of your own financial choices.
Hope your coin memes are always fun and exciting and that you are able to earn a respectable profit from them.
