The PEPE coin is a cryptocurrency that relies on the Ethereum network and was launched in April 2023, within the category of currencies known as "Meme Coin". These are digital currencies inspired by jokes or famous online characters.
Key information about the PEPE coin:
Symbol: PEPE
Type: Meme Coin
Chain: Operates on the Ethereum network using the ERC-20 standard.
Inspired Character: Based on the character "Pepe the Frog", a famous cartoon frog on the internet.
Lacks actual technical utility: Like many other meme coins, such as Dogecoin and Shiba Inu, it was launched for humorous or speculative purposes and does not have a significant technical project behind it.
Rapid growth: It gained fame and rapid spread after launch, attracting a large number of investors and speculators in the cryptocurrency market.
Supply: It has an extremely large supply of over 420 trillion tokens, making its individual price very low.
Important notes:
PEPE is not considered a traditional investment: It is seen as a high-risk coin that depends on trends and community.
There is no official development team or clear technical roadmap.
Subject to very large price fluctuations.
If you are considering investing in a coin like PEPE, it is important to do so cautiously and within the range of what you can afford to lose, as it is more of an entertainment and speculative currency than a long-term project.