1. It’s a Meme Coin with No Intrinsic Value Pepe is a community-driven meme coin inspired by the “$PEPE the Frog” meme. It was launched in April 2023 as an ERC-20 token on Ethereum. It offers no real utility or intrinsic value, with its appeal rooted entirely in meme culture and social media momentum.
2. Unique Token Mechanics: Deflationary + Holder Rewards + No Tax Deflationary mechanism. : A small portion of tokens is burned with each transaction, gradually reducing supply.• Redistribution system: A share of each transaction is redistributed to existing holders, rewarding long-term holding.• No transaction tax: Unlike many other tokens, PEPE charges zero fees on buys or sells.
3. Explosive Popularity—and Volatility Pepe saw a meteoric rise right after launch, reaching over $1 billion market cap in just 3 weeks—a feat faster than even Dogecoin. Since then, its market value has fluctuated wildly—one moment surging in sync with meme hype, the next plunging.
4. Anonymous Founders & Locked Liquidity The creators remain anonymous—common in meme coin projects. However, they’ve locked the token’s liquidity and renounced ownership of the contract, making it immutable. That reduces some centralized risk.
5. High Risk + FOMO-Driven Price Dynamics As with most meme coins, $PEPE
value largely comes from hype, community engagement, and what we call FOMO. Prices can spike—and crash—based on social media trends rather than fundamentals.
