Follow me, I follow you, like if you liked it 😉🫡$PEPE

# What is PEPE for?

PEPE is a meme cryptocurrency inspired by the famous character "Pepe the Frog". Unlike many cryptocurrencies with specific technical use cases, PEPE mainly functions as:

## Main Features

- **Meme coin**: PEPE is essentially a cryptocurrency of the "meme coin" category, without a complex or specific technical utility.

- **Speculative asset**: It serves as a vehicle for speculative investment in the cryptocurrency ecosystem.

- **Cultural phenomenon**: It represents a cultural movement within the crypto community.

## Expert Perspectives

Several analysts have interesting opinions about PEPE:

- **Gordon** mentions that "when PEPE breaks a certain level, the all-time highs will come sooner than you think," suggesting bullish potential.

- **Astekz** believes that PEPE "is starting to look good" and that "a bit of consolidation would be healthy before money comes in."

- **Nebraskangooner** points out the formation of an "inverted head and shoulders pattern," a technical structure that could indicate a bullish movement.

## Market Position

PEPE has proven to be one of the most outstanding meme coins, with several experts mentioning it alongside other major cryptocurrencies like BTC, ETH, and XRP. Its popularity has remained consistent since its launch in 2023, when it was part of a very active season for altcoins.

## Summary

Its value derives mainly from market sentiment, speculation, and the strength of its community, similar to other successful meme coins like DOGE and SHIB.

The above information has been researched, summarized, and does not constitute investment advice.