PEPE currency is a digital currency of the "Meme Coin" type launched in April 2023 on the Ethereum network. This currency draws its inspiration from the famous internet character "Pepe the Frog," created by artist Matt Furie in 2005, and has become a widely recognized cultural symbol online.

Characteristics of PEPE Currency

Type: Meme currency with no intrinsic value or specific functional use.

Blockchain: Operates as an ERC-20 token on the Ethereum network, providing it with a secure and decentralized infrastructure.

Cultural symbolism: Relies on the popularity of the "Pepe the Frog" character to attract attention and community.

Funding and distribution: 93.1% of the total supply was sent to liquidity pools on Uniswap, with LP tokens burned, meaning these tokens are now irredeemable. 6.9% was retained in a multi-signature wallet for use in exchange listings.

Market performance

After its launch, PEPE currency experienced rapid growth, surpassing a market value of $1 billion in just three weeks. By July 2024, its market value reached $4.7 billion, with a price close to €0.0000113.

Risks and warnings

High volatility: PEPE currency suffers from significant price volatility, where its value can rise or fall sharply in short periods.

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