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$PEPE (PEPE) is a meme coin inspired by the "Pepe the Frog" internet meme. Launched in 2023, it runs on the #Ethereum blockchain and has no inherent utility beyond its community-driven hype and viral appeal. Its value is largely speculative, fueled by social media buzz and trader sentiment.
Historically, PEPE has seen wild price swings-surging over 5,000% in its early months and hitting a market cap of billions-but it's prone to volatility due to its lack of fundamental use case. Its success hinges on maintaining momentum, which can fade as fast as it builds.
#Shibalnu (SHIB), launched in 2020, is another Ethereum-based meme coin, often dubbed the
"Dogecoin Killer." It gained fame in 2021 with a
staggering 500,000%+ rally, turning tiny investments into fortunes. SHIB has a massive supply (originally 1 quadrillion tokens, though burns have reduced this), which keeps its per-token price low. Unlike PEPE, SHIB has tried to evolve with projects like Shibarium (a Layer-2 scaling solution) and ShibaSwap (a decentralized exchange), but its core appeal remains tied to its meme status and loyal "SHIB Army" community.
#Ethereum #PEPE #SHIB
