$PEPE
Pepe Coin ($PEPE) is an Ethereum-based meme coin launched in April 2023, drawing inspiration from the internet famous "Pepe the Frog" character. Unlike many cryptocurrencies, PEPE emphasizes its lack of intrinsic value or utility, focusing purely on its meme status and community engagement.
It distinguishes itself with a no-tax policy on transactions and a deflationary mechanism that burns a small percentage of tokens with each trade, aiming to reduce supply over time. Despite its meme origins, PEPE quickly gained significant market capitalization and a dedicated following, leveraging the power of internet culture and speculation. Investors are attracted by its potential for high volatility and community-driven pumps.