$PEPE vs$DOGE : A Tale of Two Meme Coins Dogecoin (DOGE) was launched in December 2013 as a lighthearted take on the crypto craze, featuring the Shiba Inu dog from the "DOGE" meme as its mascot. Despite its humorous beginnings, Dogecoin has developed a strong community and has been used for tipping content creators and charitable donations. It operates on its own blockchain, utilizing a proof-of-work consensus mechanism similar to Litecoin, and has an unlimited supply, which can lead to inflationary pressure.
$PEPE Coin (PEPE) emerged in April 2023, inspired by the "Pepe the Frog" meme. Built on the Ethereum blockchain as an ERC-20 token, Pepe Coin incorporates a deflationary mechanism by burning a small percentage of tokens with each transaction, aiming to reduce supply over time. Additionally, it features a redistribution system that rewards existing holders, incentivizing long-term engagement. The coin gained rapid popularity, achieving a market capitalization exceeding $1 billion within three weeks of launch. #Dogecoin #PEPE