The **Pepe Coin (PEPE)** project is a cryptocurrency based on the idea of a "meme coin", inspired by the character **Pepe the Frog**, which is a cartoon character that became an internet phenomenon. PEPE emerged as part of a wave of meme cryptocurrencies like Dogecoin and Shiba Inu, aiming to combine pop culture and financial technology, focusing on community and humor rather than practical applications or advanced technology.
### Key Information about **Pepe Coin (PEPE)**:
1. **Goal**: It is considered an entertainment coin aimed at building an online community around meme culture, without major technical claims.
2. **Blockchain**: Operates on the **Ethereum** network as an ERC-20 token.
3. **Trading Offer**: Follows a decentralized system with no taxes, with a large initial supply (like 420 trillion tokens).
4. **Volatility**: Like any meme coin, its price is highly volatile and depends on market trends and speculation.
5. **Risks**: There is no guarantee of its stability or growth, and it may be subject to sudden crashes.
### Is "Peep" meant instead of "Pepe"?
If the question is about a project named **Peep** (not Pepe), it might be a different or less known project. In this case:
- Check official sources (website, social media accounts, trading platforms) to verify its details.
- The majority of meme coin projects involve high risks, so thorough research is recommended before any investment.
### General Advice:
- **Trade Cautiously**: Meme-based projects are often speculative and prone to scams.
- **Check Sources**: Ensure there is a clear team and specific goals for the project.
- **Do not invest more than you can afford to lose**.
If you mean another project named **Peep**, it is preferable to share additional details to assist more accurately.