PEPE Coin (often written this way) is a digital currency based on the Ethereum network classified as a "Meme Coin." These are digital currencies that rely on the popularity of internet symbols or jokes (Memes) more than on strong technical projects or clear economic goals.
What is PEPE Coin?
PEPE is inspired by the famous comic character "Pepe the Frog," which is one of the most well-known memes on the internet.
Launched in April 2023, it gained rapid popularity, especially among online cryptocurrency communities like Twitter and Reddit.
Like other meme coins (such as Dogecoin or Shiba Inu), it does not have a clear technical project behind it but relies on community and publicity.
Technical specifications:
It operates on the Ethereum network as an ERC-20 token.
It has no official value or use in the financial system, but it is traded speculatively.
Why are people interested in it?
Because of the humorous nature and widespread popularity of the meme "Pepe."
The potential for quick profits through speculation (although it is very high risk).
Its widespread presence in cryptocurrency communities.
Is investing in it safe?
No, investing in meme coins like PEPE is highly risky.
Its value can skyrocket wildly for a short period and then crash just as quickly.
You should not invest any amount you cannot afford to lose.
