# Pepecoin: The Meme Coin That Could Change the World
Pepecoin (PEPE) is a deflationary meme coin launched on Ethereum. The cryptocurrency was created as a tribute to the internet meme of Pepe the Frog, created by Matt Furie, that gained popularity in the early 2000s. 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 leading cryptocurrencies based on memes.
- **Deflationary nature**: Pepecoin has a total supply of 420.69 trillion tokens, of which 42.069 trillion were burned at launch, leaving 378.621 trillion in circulation. However, the supply is constantly decreasing, as 2% of every transaction is burned, creating a scarcity effect that increases the value of the coin over time.
- **Meme power**: Pepecoin leverages the power of memes to generate awareness and engagement among the crypto community and beyond. Pepe the Frog is a well-known and widely used meme, with a long and controversial history. The dedication of the project to honor this character sets it apart from other cryptocurrencies and strengthens its appeal within the crypto community.
- **Celebrity endorsement**: Pepecoin has received support from several celebrities and influencers, such as Elon Musk, Snoop Dogg, Mark Cuban, and Vitalik Buterin, who have tweeted or mentioned the coin in various occasions. These endorsements help to boost the visibility and credibility of the coin, as well as attract new investors.
Pepecoin is a meme coin that has a lot of potential to become a major player in the crypto space. The coin combines a deflationary, redistributive, and no-fee model with a strong meme culture and celebrity backing. Pepecoin is not just a joke, but a serious project that could change the world. 🐸
I hope you enjoyed this article. Please note that this is not financial advice and you should always do your own research before investing in any cryptocurrency. Thank you for reading. 😊
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