It is a cryptocurrency that appeared in 2023 on the Ethereum network as an ERC-20 token, and quickly entered the trend of meme coins alongside currencies like Dogecoin and Shiba Inu, but it stood out with a strong audience on social media, especially on Twitter and Reddit.
Key points about Pepe Coin:
• No actual utility: Like most meme coins, its primary goal is humor and speculation.
• Massive distribution: The total supply reached 420,690,000,000,000 PEPE (an exaggerated number as a kind of joke).
• Rapid popularity: In a short period, it reached advanced positions in trading on some platforms.
• High risk: Its nature as a meme means crazy price fluctuations and a strong potential for speculation#pepe