is a memecoin, which distinguishes it from other cryptocurrencies with specific technological or financial purposes. Its value and appeal are primarily based on the internet meme "Pepe the Frog" and the strength of its community.
Here are some key aspects to understand it better:
1. Origin and Philosophy:
* Launch: It was launched in April 2023, on the Ethereum blockchain (as an ERC-20 token).
* Anonymity: The creators are anonymous, which is common in the memecoin space and, for some, reinforces its decentralized and "for the people" nature.
* No intrinsic utility: Unlike Bitcoin (digital gold) or Ethereum (platform for dApps), $PEPE it has no underlying technological utility. Its motto, "Make Memecoins Great Again", summarizes its focus on humor and internet culture.
2. Technical Characteristics (simple):
* "Zero taxes": Originally, it was promoted with "zero taxes" on transactions, which made it attractive for frequent trading. It is important to verify if this is maintained across all exchanges or if there have been changes.
