What is Pepe Coin 🐸 ?💭
Data about Pepe:
• Abbreviation - PEPE
• Category - Meme-coins
• Founder(s) - Zachary Testa
• Blockchain - Ethereum Blockchain.
Protocol - ERC-20
• Launch date - April 2023
What is Pepe🐸?💭
Pepe Coin, inspired by the meme "Pepe the Frog", is a memecoin that aims to surpass other memecoins like DOGE and SHIBA. It is an ERC20 token built on the Ethereum blockchain. Pepe Coin has a deflationary mechanism in which each transaction burns a small percentage of tokens, reducing the total supply over time. This can increase the value of the coin and make it more attractive. Additionally, Pepe Coin has a redistribution system where a portion of each transaction is distributed among existing token holders. The team behind Pepe Coin emphasizes community engagement and development, actively communicating with users through social media.
How does Pepe🐸 work? 💭
Pepe Coin was originally designed to use a deflationary mechanism that burns a small percentage of tokens in each transaction. This was done with the intention of creating scarcity and hopefully increasing the value of the remaining tokens over time.
At the time of launch, the project team members also implemented a redistribution system that allowed a portion of each transaction to be distributed among existing token holders. This feature was designed to encourage user participation and promote long-term investments.
The PEPE🐸 token
The total supply of Pepe Coin tokens is enormous, with 420,690,000,000,000 tokens. Although the official Pepe Coin website states that the coin has no intrinsic value or financial performance expectations, Pepe Coin has built a dedicated community that is excited about the future of this meme cryptocurrency.
$PEPE 🚀🚀🚀🚀