$PEPE 🐸 What is PEPE?

• Token type: ERC-20 on Ethereum.

• Inspiration: Based on the meme “Pepe the Frog,” with no official affiliation to its creator.

• Launch: April 2023.

• Team: Anonymous, with no roadmap or utility promises.

• Tax policy: No taxes per transaction.

• Deflationary mechanism: Includes token burning to reduce supply.  

🧠 Why has it gained popularity?

• Active community: Significant support on platforms like X (Twitter) and Telegram.

• Exchange listings: Available on Binance, Coinbase, Gate.io, and Bybit.

• Speculative appeal: Despite lacking intrinsic utility, it has attracted investors for its potential for quick gains.

• Marketing strategies: Effective use of social media to generate excitement.  

⚠️ Considerations and risks

• Extreme volatility: The price can fluctuate significantly in short periods.

• Lack of fundamentals: Does not offer utility beyond its value as a meme.

• Investment risk: Potential for significant losses if bought at price peaks.

• Limited transparency: Anonymous team with no clear roadmap.