#TariffsPause
The PEPE coin is a digital currency inspired by the character "Pepe the Frog", launched in April 2023 on the Ethereum network. It falls under meme coins and gained rapid popularity thanks to its active community and widespread dissemination. It experienced significant increases in its market value, surpassing one billion dollars just weeks after its launch, but it also suffered from sharp fluctuations and losses exceeding 60%. PEPE is based on the ERC-20 protocol and features a burn mechanism to reduce supply and increase scarcity. Despite the risks, some analysts see a potential future for it within the meme coin category, especially if it continues to attract community interest and active trading.