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Pepe Coin (PEPE) is a meme-based cryptocurrency launched in April 2023 on the Ethereum blockchain. Inspired by the popular "Pepe the Frog" meme, it quickly gained traction within the crypto community. The coin operates on a deflationary model, where a small percentage of tokens are burned with each transaction, reducing the total supply over time and potentially increasing the token's value. Additionally, PEPE incorporates a redistribution system, rewarding holders by sharing a portion of every transaction among them. Notably, PEPE maintains a no-tax policy, ensuring that transactions are free from additional fees. The project's community-driven approach, combined with its unique features, has contributed to its rapid growth and popularity in the meme coin space.
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