Pepe (PEPE) is a Memecoin that offers zero-tax and community-driven ecosystem. More
| Fully Diluted Valuation | $4.24B |
|---|---|
| 24H Trading Volume | $599.78M |
| 24H Low / High | $0.00000927 / $ 0.0000101 |
| Circulating Supply | 420,690,000,000,000 |
| Total Supply | 420,690,000,000,000 |
| Max Supply | 420,690,000,000,000 |
| Categories | Meme 8 more |
|---|---|
| Founder | Anonymous |
| Website | pepe.vip |
| Socials | |
| Chains | Ethereum Ecosystem 3 more |
| Explorer | Snowtrace 8 more |
| Contracts |
0x698....11933
3 more
|
| Name | Pair | OG Score |
|---|
In the ever-evolving landscape of cryptocurrencies, a new player has emerged, capturing the attention of the crypto community with its unique approach and vibrant community. Pepe (PEPE), a deflationary memecoin launched on the Ethereum blockchain, pays homage to the iconic Pepe the Frog internet meme, created by Matt Furie. The project sets itself apart by embracing the world of memes and establishing a pure and simple memecoin experience.
Launch and Explosive Growth:
Pepe was stealthily launched on April 17, 2023, with no presale, zero taxes, and a commitment to being a coin for the people. In the weeks following its launch, the meme-inspired cryptocurrency experienced an explosive surge, reaching a remarkable market cap high of $1.6 billion in late April to May 2023. This meteoric rise not only minted millionaires among early holders but also sparked what some enthusiasts dubbed a "memecoin season," influencing the market dynamics of other memecoins.
Key Features and Uniqueness:
What sets PEPE apart is its dedication to the Pepe the Frog legacy, offering a distinctive proposition in the meme coin market. Unlike its counterparts, PEPE is an ERC-20 token on the Ethereum blockchain, secured by the Proof-of-Stake (PoS) consensus mechanism. The anonymous founders strategically leveraged social media platforms like Twitter to build a strong community around the memecoin, emphasizing transparency and fostering engagement.
The PEPE Roadmap:
The Pepe project follows a three-phase roadmap. Phase one includes achieving listings on CoinMarketCap and trending on Twitter, showcasing the power of community engagement. Phase two involves listings on centralized exchanges (CEXs), expanding the coin's reach, and phase three aims for "tier 1" exchange listings and what the team terms a "meme takeover," signaling ambitions to solidify PEPE's position among the top meme-based cryptocurrencies.
Unique Mechanics:
PEPE's success can be attributed to its unique mechanics, designed to appeal to the cryptocurrency community. The no-tax policy distinguishes PEPE by not imposing transaction fees, making it more accessible to a broader audience. The redistribution mechanism rewards long-term holders, fostering a commitment to the project's sustained success. Additionally, a token-burning process is implemented to enhance scarcity and support the value of the PEPE coin.
Conclusion:
Pepe (PEPE) has quickly become a notable player in the memecoin space, combining the allure of internet culture with the dynamism of cryptocurrency markets. The project's commitment to the Pepe the Frog legacy, coupled with its engaging community and innovative features, has propelled it to the forefront of the memecoin phenomenon. As the crypto community eagerly awaits the future of PEPE and its potential impact on the broader market, one thing is certain – the reign of dog-inspired memecoins may have a formidable challenger in the form of Pepe, the king of memes.
Pepe (PEPE) distinguishes itself by honoring the iconic Pepe the Frog meme, offering a pure and straightforward memecoin experience. Its unique features include a no-tax policy, a commitment to long-term holders through a redistribution mechanism, and a token-burning process to enhance scarcity and value.
The founders of Pepe (PEPE) remain anonymous, a common practice in the cryptocurrency world. Despite limited information about the team, they have effectively utilized social media platforms like Twitter to promote the meme coin and foster a robust community around the project.
Pepe (PEPE) emphasizes community engagement and has gained attention without relying on disclosed financial supporters.
Pepe (PEPE) operates on the Ethereum blockchain and utilizes the Proof-of-Stake (PoS) consensus mechanism. This involves decentralized validators staking 32 ETH to process transactions and secure the network, ensuring the integrity and reliability of the Pepe coin ecosystem.
You can buy Pepe (PEPE) on Binance, MEXC, BitgetGate.ioBybit cryptocurrency exchanges.
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