#PEPE (PEPE) is a meme-based cryptocurrency inspired by the popular internet character Pepe the Frog. It was launched in April 2023 on the Ethereum blockchain as an ERC-20 token. Here's a brief overview:
Key Points:
Origin: PEPE was created as a homage to meme culture, especially after the success of other meme coins like Dogecoin and Shiba Inu.
Symbol: PEPE
Blockchain: Ethereum (ERC-20 token)
Utility: Mostly speculative; it's driven by community hype rather than fundamental use cases.
Supply: It has a large total supply (e.g., 420.69 trillion tokens), typical of meme coins to allow users to hold millions or billions of tokens.
Popularity:
PEPE quickly gained traction due to its viral marketing, social media attention, and meme-driven appeal.
It has been listed on major exchanges like Binance, which boosted its visibility and trading volume.
Risk Note:
Like many meme coins, PEPE is highly volatile and speculative. It has no intrinsic value or clear utility, so investors should exercise caution.