#CongressTradingBan
**PEPE Coin Analysis (Ticker: PEPE):**
PEPE is a cryptocurrency inspired by the "meme" frog "Pepe the Frog," which became an internet phenomenon as a cultural symbol. It was established as a **meme coin** aimed at capitalizing on the popularity of digital culture and virtual communities, similar to the trajectory of coins like Dogecoin and Shiba Inu. Its value is primarily based on **hype** and **community support**, rather than innovative technology or practical uses, making it a high-risk investment.
Technically, PEPE operates on the **Ethereum** network (ERC-20 standard), ensuring fast transactions and compatibility with Ethereum-supporting wallets and applications. However, it lacks a real ecosystem (like DeFi or NFT applications), which limits its long-term utility.
In the markets, PEPE experiences sharp volatility, with its price rising as discussions around it increase on platforms like **Reddit** or **Twitter**, and quickly dropping when interest wanes. For instance, in 2023, it surged by hundreds of percent in days but later lost a significant portion of its value.
**Conclusion:**
PEPE is suitable for adventurous investors who can bear losses, but it is not an ideal choice for safe or long-term investment. Always conduct thorough research and diversify your portfolio before investing in cryptocurrencies.
