#pepe
As a meme coin, PEPE's primary use case is as a digital asset that can be acquired, held, and exchanged. It strives to appeal to the cryptocurrency community by keeping things pure and simple as a meme coin. The project's no-tax policy and transparency about its lack of utility are part of its appeal.
What is Pepe?
Pepe Coin, inspired by the "Pepe the Frog" meme, is a memecoin that aims to outperform other memecoins like DOGE and SHIBA. It is an ERC20 token built on the Ethereum blockchain. Pepe Coin has a deflationary mechanism where 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 via social media.
How does Pepe work?
Pepe Coin was originally designed to use a deflationary mechanism that burns a small percentage of tokens with each transaction. This was intended to create scarcity and hopefully increase the value of the remaining tokens over time.
At the time of launch, 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 intended to promote user engagement and encourage long-term investments.
