What is PEPE?
PEPE, with the symbol PEPE, is a digital cryptocurrency born from the meme "Pepe the Frog". How does PEPE work? Although it is considered a meme cryptocurrency, it is actually a token, more specifically, an ERC-20 token that operates on the Ethereum blockchain.
What is PEPE used for?
Meme cryptocurrencies are, in essence, speculative assets that can gather communities of fans and increase in popularity. Throughout the history of the cryptocurrency and blockchain industry, assets like Dogecoin (DOGE) have risen and fallen in price based on various factors. Assets like these do not directly fulfill a specific role in a particular ecosystem in the same way that a currency like Ether (ETH) from Ethereum does, which is used as the primary asset of the blockchain, as a payment vehicle for activities on the blockchain.
The comic series Boy's Club, created by Matt Furie, is the original spark that led to the creation of the Pepe meme and, subsequently, the PEPE coin, or more precisely, the PEPE token. The comic featured a frog named Pepe, who became prominent on the web in the years following the creation of the comic in 2005. In 2023, Pepecoin was born, gaining significant momentum, with a PEPE market capitalization that has reached levels above $1 billion.
$PEPE
PEPE
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