🐸 What is $PEPE ?
ERC-20 token launched in April 2023.
It has no defined practical utility (like DeFi or staking), but bets on community value and the virality of memes.
Inspired by the style of other memecoins like $DOGE and $SHIB, but with a focus on irreverent humor and crypto culture.
📈 Why did $PEPE go viral?
Anonymous launch with no pre-sale.
Burned liquidity and renounced contracts, which conveys trust to the community that there is no central control.
Gained traction quickly through influencers and speculative traders.
Managed to reach billions in market capitalization within weeks, with enormous profits for those who entered early.
🚨 Important to know:
It is a purely speculative memecoin, meaning it is highly volatile.
It can have massive peaks of appreciation or rapid declines.
It has no utility function, being driven basically by hype and market sentiment.
✅ In summary:
$PEPE is a meme-based cryptocurrency focused on community, with no fundamental value, but with enormous hype potential — a symbol of irreverent and decentralized crypto culture.