"Pepe Coin" is a cryptocurrency (meme coin) that was launched in April 2023. It is inspired by the famous internet meme "Pepe the Frog".
What is Pepe Coin?
*Meme Coin: Like Dogecoin and Shiba Inu, Pepe Coin relies heavily on internet humor and community culture.
*Built on Ethereum: Pepe Coin operates on the Ethereum blockchain as an ERC-20 token, providing it with the security and decentralization offered by the Ethereum network.
*Deflationary model: The Pepe Coin model aims to reduce the total supply of the coin over time, potentially increasing its scarcity and value theoretically.
*Rewards for holders: A specific percentage of each transaction is allocated to reward current coin holders, encouraging community participation and long-term holding of the coin.
*Strong community: Pepe Coin has a large and active community on social media platforms like X (formerly Twitter) and Telegram.
*Speculative nature: Pepe Coin is considered a speculative asset with high volatility, as it can gain or lose its value quickly based on social media trends and community movements.
Key points:
*It currently has no significant practical uses or functionalities.
*Its main goal is to be a leading meme coin in the cryptocurrency world.
*Its founders are anonymous, which is common in meme coin projects.
