#MemecoinSentiment
The Pepe (PEPE) coin is a cryptocurrency (meme coin) launched in April 2023. It draws its name and character from the famous internet meme "Pepe the Frog."
Key points about the Pepe coin:
* Type of coin: It is a "meme coin," meaning a digital currency that relies on internet culture and humor, rather than necessarily on technical utility or significant real-world use.
* Foundation: Built on the Ethereum blockchain.
* Purpose: Created to be a comedic and entertaining project in the world of cryptocurrencies, taking advantage of the popularity of other meme coins like Dogecoin and Shiba Inu.
* Distinctive features:
* No tax policy: Does not impose additional fees on transactions.
* Redistribution system: A portion of each transaction is allocated to reward current coin holders, encouraging long-term holding of the coin.