$PEPE
In a world of digital currencies that experience constant fluctuations and the emergence of new coins continuously, PEPE coin has emerged as one of the most controversial and interesting coins in a short time. Inspired by the famous meme character "Pepe the Frog," this coin entered the scene as a meme coin, but quickly captured the attention of the trading community due to its sudden increases in value and strong media momentum.
What is PEPE coin?
PEPE is a digital currency built on the Ethereum network, launched in April 2023. The coin does not offer any actual technical value or a business project behind it, but entirely relies on the strength of the community and memes to increase its popularity. It is similar to coins like DogeCoin and Shiba Inu.
PEPE aims to "honor" meme culture, and it has succeeded in doing so, as it has garnered millions of dollars in daily trading within weeks of its launch, without having a roadmap or special technology.
Why did PEPE gain wide fame?
1. Internet Culture: Its exploitation of one of the most famous meme symbols attracted a huge number of users.
2. Community Promotion: Like most meme coins, its popularity grew thanks to support from the Reddit, Twitter, and TikTok communities.
3. Quick Profit Opportunities: With its significant volatility, this attracted speculators looking for quick profits.
4. Accessibility: Its listing on centralized trading platforms such as Binance helped it reach a wider audience.