PEPE coin is a digital currency of the 'Meme Coin' type launched in April 2023 on the Ethereum network (ERC-20). It was inspired by the popular internet character 'Pepe the Frog' created by artist Matt Furie, but it is not officially associated with him. (Koinly, Learn Crypto)
🧩 Project Details
Name: PEPE
Type: Meme Coin
Network: Ethereum (ERC-20)
Launch: April 2023
Max Supply: Approximately 420 trillion coins
Taxes: No taxes on transactions
Ownership: The ownership of the smart contract has been abandoned, meaning developers cannot change it after launch.
🔍 Technical Features
Reverse Inflation Mechanism: The coin uses a symbolic burning mechanism that reduces the total supply over time, potentially increasing its scarcity and value.
Distribution: A portion of each transaction is redistributed to coin holders, encouraging retention.
Community: Heavily relies on community support and activity on social media such as X (formerly Twitter) and Telegram. (101 Blockchains)
📈 Future Projections
Projections regarding the future of PEPE coin vary, with some analyses indicating the potential for its price to rise in the long term:
By 2025: Projections range from a decline of 19% to an increase of 5%, with a price ranging between $0.00001032 and $0.000014.
By 2030: Some sources predict the price will reach between $0.000018 and $0.000060, representing a potential increase of up to 316%. (CoinCodex)
However, it should be noted that these projections are not guaranteed and depend on many factors, including market volatility and community interest.
⚠️ Investment Risks
High Volatility: As a meme coin, the price of PEPE can fluctuate significantly in short periods.
Lack of an Actual Project: The coin is not associated with any technical project or actual product, making its value heavily dependent on media hype.
Fraud Risks: In August 2023, a large amount of coins was transferred from the project's wallet to exchanges, raising concerns among investors. (Koinly)
✅ Tips for Investors
Risk Management: Only invest what you can afford to lose.
Portfolio Diversification: Do not rely on just one coin; spread your investments across multiple assets.
Continuous Monitoring: Regularly monitor market news and project updates.
