Pepe PricePEPE

What is PEPE Coin?

'Pepe the Frog' is a meme coin created by artist Matt Furie. DOGE and SHIBA's rivalry is aimed at being outdone by this memecoin. In accordance with Datawallet, there are over 420 trillion coins in circulation. But the liquidity pool has already received over 93.1% of these funds. In order to facilitate future exchange listings, bridges, and liquidity pools, approximately 6.9% of the supply remained in the multi-signature wallet.
 

Pepe as a meme coin

Meme coin popularity has been boosted by Pepe coin. Pepe the Frog, a meme created by Matt Furie, serves as the token's mascot. As a result, 420,690,000,000,000 (420 trillion) tokens are in circulation. Most of these tokens have already been burned, and contracts have been renounced. 

The remaining supply can now only be used in CEX listings, liquidity pools, and bridges, as only 6.9% are in a multi-sig wallet. Tokens are allocated strategically to optimize their utilization and promote their long-term stability.

Who founded the Pepe meme coin?

An anonymous user created Pepe Coin and deployed it. There was no presale and zero taxes promised when memecoin debuted on April 16 this year. In its attempt to position itself as a people's coin, it also had a burned liquidity pool. 

In the crypto industry, anonymity is not uncommon. The creators seem to be committed to maintaining their anonymity. Bitcoin, for example, was founded by an unknown individual.

A highly popular "Pepe the Frog" meme coin was the inspiration for the token, as described above. As well as the green frog from the meme, the design of the token references it.

 

Brief History of the PEPE Memecoin

The first listing on Etherscan occurred on April 18th, 2023, when the PEPE memecoin was launched.

A little under three weeks later, it climbed into the top 100 coins by market capitalization with a market cap of over $420 million.

Several significant exchanges trade PEPE at the time of this writing, including Huobi, MEXC, OKX, and others. Also, it is available on Uniswap, one of the leading decentralized exchanges.
 

What is PepeCoin's market cap?

Pepecoin's market capitalization has already exceeded $1 billion due to the amount of Pepecoin on the market and its soaring price. A record $1.34 billion had been reached by Friday afternoon.

PEPE Memecoin Ecosystem

There is a growing ecosystem for PEPE meme coin daily. After two weeks after its launch, the token already had 65K holders at the time of this writing on May 1st. Etherescan reports this.
Thousands of members and dozens of daily messages can be found in the organization's Telegram group.
Over 133,000 people follow its official Twitter account, which launched in April.

What Are The Benefits Of Pepe Coin?

Generally speaking, Pepe Coin is a trustworthy and secure ERC20 token built on the Ethereum blockchain. Furthermore, several decentralized applications (DApps) and wallets can be used with it.

Tokens are also deflationary, which is one of their advantages. A tiny percentage of tokens are burned per transaction, reducing the total supply over time. Investors are also likely to be attracted to these coins due to their scarcity, which can increase their value.

Furthermore, Pepe Coin uses a redistribution system in addition to all these features. Each transaction gives token holders a portion of the proceeds. Investing and holding for long periods of time are also encouraged.

Community engagement and development will be the focus of the Pepe Coin in the future. Engaging with users through social media platforms consistently is a key goal of the entire team to develop and encourage a strong online community.

In addition, Pepe Coin is committed to its users and develops an active community.

Pepe (PEPE) Token Matrices

Is it sensible to invest in meme coins?

A high-risk, high-reward investment such as Pepe coin can appeal to some investors. This coin is incredibly volatile, driven primarily by hype and social media and driven by hype and social media. The unpredictable nature of meme coins has made some investors successful while causing others to lose money. Researching thoroughly is necessary before making a purchase, and only buying when you feel confident in your decision is essential. Remember, meme coins are simply a means to promote meme culture and have no intrinsic value. 

To avoid investing in cryptocurrencies, it is crucial to remain skeptical and willing to accept any risks involved.