The PEPE currency is a digital currency of the "MemeCoin" type, launched on April 17, 2023, on the Ethereum network. It derives its name from the famous internet character "Pepe the Frog," which has become a cultural icon in the meme world.
Project Overview
Goal: PEPE was created as an entertainment currency aimed at leveraging the popularity of memes, without claiming to provide intrinsic value or financial returns.
Structure: PEPE operates as an ERC-20 token on the Ethereum network, allowing it to benefit from the advantages of smart contracts and the security provided by the network.
Tokenomics: 93.1% of the total supply of 420.69 trillion tokens has been burned, enhancing its scarcity.
Performance and Market
Launch: PEPE started trading at a price of $0.000000001, and its market value quickly rose to exceed one billion dollars within two weeks.
Popularity: It gained widespread followership on social media platforms, with over 250,000 followers on Twitter and more than 50,000 members in its Telegram group.